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Digital Health | News, Analysis, Insights - HIT Consultant

Cigna Becomes First Plan to Reimburse for Behavioral Health Coaching Via Ginger

by Fred Pennic 04/28/2021 Leave a Comment

Cigna Becomes First Plan to Reimburse for Behavioral Health Coaching

What You Should Know: - Cigna just announced that they’re the first national plan to reimburse for behavioral health coaching, a new covered benefit available now to 14M members through Ginger. Essentially, Cigna customers with employer-sponsored or individual and family (IFP) insurance plans (14M of their 16M members) can access Ginger’s behavioral health coaching, therapy, and psychiatry services as an in-network benefit.   - During the pandemic, Cigna saw a significant
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Outcomes4Me Raises $12M for AI-Powered Cancer Patient Empowerment Platform

by Jasmine Pennic 04/28/2021 Leave a Comment

Outcomes4Me Raises $12 Million in Oversubscribed Series A to Fuel Expansion of AI-Powered Cancer Patient Empowerment Platform

What You Should Know: -  Outcomes4Me Inc., a Cambridge, MA-based developer of an Artificial Intelligence (AI)-powered platform to empower cancer patients to navigate their care, today announced it has raised $12 million in an oversubscribed Series A round led by Northpond Ventures, with participation from all existing investors, including Sierra Ventures, Asset Management Ventures, Merstal Ltd, IRA Capital, and others. Andrea Jackson, a Northpond Ventures Director, will
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Digital Therapeutics Startup Kaia Health Raises $75M to Optimize MSK & COPD Care

by Fred Pennic 04/28/2021 Leave a Comment

Kaia Health raises $75M

What You Should Know: - Digital therapeutics company, Kaia Health, has raised $75M Series C round (total: $125M) to expand clinical capabilities and transform the treatment path for Musculoskeletal (MSK) and Chronic obstructive pulmonary disease (COPD) care in the U.S. and Europe. - The Series C round was led by an unnamed leading growth equity fund with support from existing investors, including Optum Ventures, Eurazeo, 3VC, Balderton Capital, Heartcore Capital,
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Direct Pay Healthcare Marketplace Sesame Nabs $24M to Expand its Nationwide Telehealth Offerings

by Fred Pennic 04/27/2021 Leave a Comment

Direct Pay Healthcare Marketplace Sesame Nabs $24M to Expand its Nationwide Telehealth Offerings

What You Should Know: - Sesame, a New York City-based direct-pay healthcare company, announced that it has raised an additional $24 million, bringing Sesame’s total capital raised to just under $50 million since its founding in 2019. New investments come from Giant Ventures, Industry Ventures and Coefficient Capital, along with existing investors like General Catalyst.  - Founded in 2018, Sesame’s platform connects patients and providers directly, providing clear, affordable prices
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T-Mobile, Zyter Partner to Deliver Virtual Healthcare for Underserved Communities

by Jasmine Pennic 04/27/2021 Leave a Comment

T-Mobile, Zyter Partner to Deliver Virtual Healthcare for Underserved Communities

What You Should Know: - T-Mobile and Zyter are partnering to bring virtual healthcare solutions — including telehealth and remote patient monitoring and care team collaboration — to more healthcare organizations and their patients, providing access to virtual care for underserved communities. - Under the terms of this agreement, Zyter and T-Mobile will collaborate to deliver integrated healthcare solutions to existing and potential T-Mobile customers nationwide. - Together, the
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Abbott Launches New AI-Powered Coronary Imaging Platform in Europe

by Fred Pennic 04/27/2021 Leave a Comment

Abbott Launches New Coronary AI-Powered Imaging Platform in Europe

What You Should Know: - Abbott announced that its new imaging platform powered by Ultreon 1.0 Software, is now CE Marked in Europe. This first-of-its-kind imaging software merges optical coherence tomography (OCT) – an imaging tool that provides physicians a comprehensive view inside an artery or blood vessel – with the power of artificial intelligence (AI) for enhanced visualization. - The new Ultreon Software can automatically detect the severity of calcium-based blockages and measure
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TytoCare Launches Telehealth Solution in Italy via Multimed Partnership

by Fred Pennic 04/26/2021 Leave a Comment

TytoCare Launches Telehealth Solution in Italy via Multimed Partnership

What You Should Know: - TytoCare has partnered with Multimed, a leading distribution and commercialization company providing medical devices, surgical instruments, robotics and safety devices, who will exclusively introduce TytoCare to the Italian public healthcare market. - The Italian healthcare system expressed significant demand for TytoCare’s telehealth platform as a solution to help fight the rapid outbreak of COVID-19 that plagued the country at the onset of the pandemic.
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Teladoc Health Appoints Claus Jensen as Chief Innovation Officer

by Jasmine Pennic 04/26/2021 Leave a Comment

Teladoc Health Appoints Claus Jensen as Chief Innovation Officer

What You Should Know: - Teladoc Health, Inc., the global leader in whole-person virtual care, has named Claus Jensen as chief innovation officer to lead the research and development team.  - Claus brings more than 20 years of experience from leading healthcare and technology companies including Memorial Sloan Kettering Cancer Center (MSK), Danske Bank, IBM and as chief technology officer of CVS Health-Aetna.  - At Teladoc Health, Jensen will
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Accolade Acquires Virtual Primary Care Platform PlushCare for $450M

by Fred Pennic 04/23/2021 Leave a Comment

Accolade Acquires Virtual Primary Care Platform PlushCare for $450M

What You Should Know: - Accolade, Inc. today announced an agreement to acquire PlushCare, a leading provider of virtual primary care and mental health treatment. - Under the terms of the agreement, the purchase price of up to $450 million will consist of $40 million in cash, $340 million in Accolade common stock, and up to an additional $70 million of value payable upon the achievement of defined revenue milestones following the closing.   - The
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Current Health Lands $43M to Support Global Expansion of Remote Care Management Platform

by Fred Pennic 04/22/2021 Leave a Comment

Current Health Lands $43M to Support Global Expansion of Remote Care Management Platform

What You Should Know: - Today, Current Health, a Boston-based enterprise remote care management company announced that it has raised $43M in Series B financing. The Series B financing, which comes from top healthcare and pharma VCs, such as NorthPond Ventures and LRV Health, as well as a leading hospital system, OSF Innovation, will help the company grow on a global scale as it aims to serve as mission control for healthcare delivery taking place outside of the hospitals four walls. -
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