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Digital Health | News, Analysis, Insights - HIT Consultant

CB Insights Unveils ‘Digital Health 150’ List of Startups Transforming Healthcare

by Fred Pennic 10/02/2019 Leave a Comment

CB Insights Unveils ‘Digital Health 150’ List of Startups Transforming Healthcare

- CB Insights unveils first-ever annual ‘Digital Health 150’ list of digital health startups working to transform the healthcare industry. - The Digital Health 150 companies span a wide spectrum of categories that involve all three key stakeholder groups for the healthcare industry — providers, payers, and patients. - A total of 17 companies on the list are unicorns (private companies valued at $1B+). Of these, 12 companies are US-based, 3 are based in China, 1 is based in France, and 1
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Q3 2019 Digital Health Funding Levels Off At $1.3B, Rock Health Reports

by Fred Pennic 10/02/2019 Leave a Comment

Q3 2019 Digital Health Funding Levels Off At $1.3B, Rock Health Reports

- New Rock Health report finds digital health funding reaches $1.3B in Q3 2019 for a total of $5.5B year to date. - Large digital health funding round are driving the overall funding trend in digital health with the average deal size at $20.9M, in line with 2018’s $21.7M average deal size. - Rock Health projects the number of digital health deals in 2019 will be 5-10% lower than in 2018.Digital health funding reached a total of $1.3B in Q3 2019 for a total of $5.5B year to date, leveling off
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Novartis to Establish AI Innovation Lab, Taps Microsoft As Strategic AI & Data Science Partner

by Jasmine Pennic 10/02/2019 Leave a Comment

Novartis to Establish AI Innovation Lab, Taps Microsoft As Strategic AI & Data Science Partner

- Novartis to establish the Novaris AI innovation lab and has formed a strategic partnership with Microsoft as its AI and data science partner. - AI Innovation lab will leverage Novartis datasets with Microsoft’s advanced AI solutions, the lab will aim to create new AI models and applications to transform medicine. - Novartis and Microsoft's strategic alliance will focus on the two core objectives of AI Empowerment and AI Exploration. Novartis announced the formation of
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Behavioral Health Startup NOCD Raises $4M to Expand OCD Therapy Tools

by Jasmine Pennic 10/02/2019 Leave a Comment

Behavioral Health Startup NOCD Raises $4M to Expand OCD Therapy Tools

- Digital behavioral health startup NOCD raises $4M to expand the NOCD’s Provider Network for people suffering from OCD nationwide. - OCD is a psychiatric disorder that affects 2-3% of the population. It involves repetitive, unwanted thoughts and compulsive behaviors intended to reduce the anxiety caused by those thoughts. - Members of NOCD’s treatment program will be able to complete evidence-based therapy with OCD-trained therapists and get 24/7 adjunctive support, no matter where
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Healthcare Blockchain Startup BurstIQ Nabs $5.5M for HIPAA-Compliant Blockchain Platform

by Jasmine Pennic 10/01/2019 Leave a Comment

Unified Signal, BurstIQ Expands Partnership to Offer Blockchain-based Health Data Management Layer

- BurstIQ raises $5.5M for HIPAA-compliant blockchain platform services for on-chain data management, complex data ownership, and granular consent.- The healthcare blockchain-based software company plans to aggressively expand sales, marketing, and network growth.BurstIQ, an Denver, CO-based provider of HIPAA-compliant blockchain solutions for the healthcare industry has raised $5.5M in Series A funding led by Elsewhere Partners. Elsewhere, a growth-stage venture capital firm which invests in
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Novo Nordisk, Noom Partner on Digital Health Solutions for Obesity

by Jasmine Pennic 10/01/2019 Leave a Comment

Novo Nordisk, Noom Partner on Digital Health Solutions for Obesity

- Novo Nordisk and Noom collaborate to improve the lives of people living with obesity through digital health solutions focused on weight management and education. - Collaboration builds off a successful 8-month pilot with Novo Nordisk using Noom’s behavior change platform for more than 4,000 people with obesity.Novo Nordisk, a global healthcare company and Noom, a behavior change company, today announced a collaboration on digital health solutions focusing on weight management and education,
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Ambry Genetics Launches Paired RNA and DNA Testing for Hereditary Cancer

by Fred Pennic 10/01/2019 Leave a Comment

Ambry Genetics Launches Paired RNA and DNA Testing for Hereditary Cancer

- Ambry launches a new genetic test, +RNAinsight that changes the standard for “clinical grade” testing, with higher accuracy.- +RNAinsight enables clinicians – for the first time ever – to conduct both DNA and RNA genetic testing at the same time.- Ambry is the first and only lab to offer paired RNA and DNA genetic testing for hereditary cancer.Ambry Genetics (Ambry), a clinical genetic testing company, announced today the launch of +RNAinsight, a major advancement in genetic testing.
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Research: Microneedle Biosensors Accurately Detect Patient’s Antibiotic Levels in Real-Time

by Fred Pennic 10/01/2019 Leave a Comment

Research Microneedle Biosensor Accurately Detect Patient’s Antibiotic Levels

- Researchers find microneedle biosensors can be used to monitor the changing concentration of antibiotics in a patient’s system. - Findings published in The Lancet Digital Health, show the sensors enable real-time monitoring of changes in antibiotic concentration in the body, with similar results to those obtained from blood tests. Small, non-invasive patches worn on the skin can accurately detect the levels of medication in a patient's system, matching the accuracy of current
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HIMSS Report: Current State of Japan’s Digital Health Economy

by Jasmine Pennic 10/01/2019 Leave a Comment

- New HIMSS report reveals the current state of Japan’s digital health economy in the era of aging societies. - Japan and the UK share some common traits in healthcare and society that has resulted in each country’s healthcare sector experiencing rising costs and a dwindling human resource pool.HIMSS announced that it has published a report titled “Capitalising on Japan’s Digital Healthcare Economy during this Era of Ageing Societies.” Written by Professor Sudhesh Kumar, Dean of Warwick Medical
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WebMD Acquires Digital Health Engagement Solution Aptus Health

by Fred Pennic 09/30/2019 Leave a Comment

WebMD Acquires Digital Health Engagement Solution Aptus Health

- WebMD enters an agreement to acquire Aptus Health, a digital health engagement solution for health and life sciences companies. - The acquisition includes Aptus Health’s core brands Univadis, EngagedMedia, and Tomorrow Networks. - Aptus Health will continue to operate as an independent subsidiary of WebMD, as the companies build on and integrate products, platforms, and services.  WebMD Health Corp today announced that it has entered into an agreement to acquire Aptus Health,
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