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Digital Health | News, Analysis, Insights - HIT Consultant

Austin Blockchain Collective Creates Healthcare Working Group to Address Healthcare Challenges

by Jasmine Pennic 06/04/2019 Leave a Comment

Austin Blockchain Collective Creates Healthcare Working Group to Address Healthcare Challenges

The Austin Blockchain Collective announced the Austin Blockchain Collective Healthcare Working Group with an initial membership including local blockchain innovators and Dell Medical School at The University of Texas at Austin. The working group’s mission is to help develop, explore and promote the applications of blockchain technology that has the potential to positively impact health and healthcare outcomes for patients, the broader Austin community and the nation.Launched in March 2018,
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Mount Sinai Appoints Andrew Kasarskis As First-Ever Chief Data Officer

by Jasmine Pennic 05/31/2019 Leave a Comment

Mount Sinai Appoints Andrew Kasarskis, PhD As First-Ever Chief Data Officer

Mount Sinai has appointed Andrew Kasarskis, Ph.D., an internationally recognized expert in biomedical data as the health system’s first-ever Executive Vice President and Chief Data Officer (CDO). In this new role, Dr. Kasarskis will facilitate the accessibility and sharing of clinical, financial, and administrative data, and open application development, all in support of better patient care, decision-making, and healthcare innovation. Accelerating Data-Driven Discovery and Patient
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Altoida Raises $6.3M for Early Detection of Alzheimer’s Using AI & Augmented Reality

by Fred Pennic 05/31/2019 Leave a Comment

Altoida Raises $6.3M for Early Detection of Alzheimer’s Using AI & Augmented Reality

Altoida Inc., a digital health company using digital biomarkers to drive better clinical outcomes for brain diseases has raised $6.3M in Series A funding led by M Ventures, the corporate venture capital arm of the science and technology company Merck KGaA, Darmstadt, Germany. The round also includes participation from Grey Sky Venture Partners, VI Partners AG, Alpana Ventures, and FYRFLY Venture Partners. Taking Aim at the Alzheimer’s Disease Epidemic The number of people living with
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EarlySign Unveils Commercial Availability of AI Diabetes Risk Predictors Algorithm

by Jasmine Pennic 05/30/2019 Leave a Comment

EarlySign Unveils Commercial Availability of AI Diabetes Risk Predictors Algorithm

Medial EarlySign – an Israeli health AI company has just announced the commercial availability of its first suite of machine learning-based predictive diabetes risk solutions. Expanding the company’s portfolio of clinical risk predictors, these new diabetes-focused AlgoMarkers are designed to help healthcare systems identify and engage patients at high risk for diabetes and downstream
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GE Healthcare, Medhold Launches Intra-Hospital Patient Transport Monitor

by Fred Pennic 05/30/2019 Leave a Comment

GE Healthcare, Medhold Launches plug-and-play monitoring solution for conducting intra-hospital patient transport

GE Healthcare and Medhold has announced the launch of CARESCAPE ONE, an advanced lightweight plug-and-play monitoring solution for conducting intra-hospital patient transport in South Africa. The solution allows nurses to visually monitor critical patient conditions with precision during active patient transport between care areas.Complexities of Intra-Hospital Patient Transport Today’s intra-hospital patient transport has become an important part of healthcare delivery. It is a complex and
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Data-Driven Precision Medicine Startup Tempus Lands $200M to Expand Into New Therapeutic Areas

by Fred Pennic 05/30/2019 Leave a Comment

Data-Driven Precision Medicine Startup Tempus Lands $200M to Expand Into New Therapeutic Areas

Tempus, a leading technology company advancing precision medicine through the collection and analysis of molecular and clinical data, announced today an additional $200M financing at a value of $3.1 billion dollars. The investors include Baillie Gifford, Franklin Templeton, NEA, Novo Holdings, Revolution Growth, and funds and accounts managed by T. Rowe Price. With this latest round, the company has raised $520 million since its founding in September 2015.Founded in 2015, Tempus has the largest
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Pillo Health Raises $11M to Expand Personal Home Health Robot

by Jasmine Pennic 05/29/2019 Leave a Comment

Pillo Health Raises $11M to Redefine Medication Non-Adherence With Voice-Enabled Medication & Care Management Platform

Pillo Health, a Boston-based digital health company improving longevity and quality of life for patients managing their health at home has raised $11M in Series A funding, led by Stanley Black & Decker’s corporate venture capital arm with significant participation from Samsung Ventures. Existing investors, including BioAdvance, Hikma Ventures – the corporate venture capital arm of Hikma Pharmaceuticals PLC – Hackensack Meridien Health System’s Innovation Center Fund and
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Talkspace Nabs $50M to Expand Telebehavioral Health Platform

by Fred Pennic 05/29/2019 Leave a Comment

Talkspace $50M Telebehavioral Health Startup

Talkspace, a telebehavioral health company providing online therapy has raised $50M in funding led by Revolution Growth. Existing investors Norwest Venture Partners, Qumra Capital, Spark Capital and Compound Ventures, amongst others, will also participate in the round. Patrick Conroy of Revolution Growth will join the Talkspace board of directors. Additionally, the company announced a new partnership with Optum Health, which will expand Talkspace services to cover 5 million lives.Transforming
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Welkin Health Lands $17.5M for Patient Relationship Management Platform

by Fred Pennic 05/29/2019 Leave a Comment

Welkin Health Lands $17.5M for Patient Relationship Management Platform

Welkin Health, a digital health company based in San Francisco has raised $17.5M in Series B funding led by Altos Ventures. Existing investors, Thrive Capital, Red Swan Ventures, and Asset Management Ventures also contributed to the round, which brings Welkin’s total funding to $30 million to date. The company plans to use that latest round of funding to expand operations and its business reach. Helping Care Teams Have Meaningful Relationships With Their Patients Founded in 2013, Welkin’s
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3 Major Problems With the Medical Device and Wearables Market in 2019

by HITC Staff 05/29/2019 Leave a Comment

3 Major Problems With the Medical Device and Wearables Market in 2019

Technology can improve human life in significant ways and aid in the fight against troublesome illnesses. Unfortunately, no technology is perfect — and newer technologies are especially prone to growing pains.There are three major problems in today's medical devices and wearables market: potential sabotage of the devices themselves, devices as a backdoor into networks and patient data, and device manufacturers taking advantage of regulatory loopholes to get their products on the market.1. Many
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