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Digital Health | News, Analysis, Insights - HIT Consultant

M&A Analysis: 3 Benefits of Siemens Healthineers’ $16.4B Acquisition of Varian Medical

by Steve Holloway, Director at Signify Research 08/07/2020 Leave a Comment

M&A Analysis: 3 Benefits of Siemens Healthineers $16.4B Acquisition of Varian Medical

What You Should Know: - Siemens Healthineers and Varian Medical announce a $16.4B deal in an all-cash transaction on 2nd August 2020. - Deal expected to close in 1H 2021. - Varian Medical will maintain its brand name and operate “independently” - Siemens AG will drop holding in Siemens Healthineers from 85% to 72% as part of the transaction. News of the deal between Siemens Healthineers and Varian Medical will have caught many industry onlookers off guard on Sunday evening.
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New Tech Solution Lets People Securely Share COVID-19 Testing Results

by Jasmine Pennic 08/06/2020 Leave a Comment

New Tech Solution Lets People Securely Share COVID-19 Testing Results

What You Should Know: - TransUnion, in partnership with CLX Health, a joint venture from UST Global and SiriusIQ, announced the launch of HealthyAmerica, a technology solution that will give individuals the power to securely share their COVID-19 testing results while maintaining their individual privacy – helping businesses and schools across the country to minimize risk and reopen with greater confidence.   - Businesses and schools seeking to welcome back
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Blue Shield of CA Taps Cricket Health to Offer AI-Driven, Personalized Kidney Care Plans for Members At No Cost

by Fred Pennic 08/06/2020 Leave a Comment

Blue Shield of CA Taps Cricket Health to Offer AI-Driven, Personalized Kidney Care Plans for Members At No Cost

What You Should Know: - Blue Shield of CA and kidney care provider Cricket Health announced a partnership to offer a personalized, virtual, multidisciplinary care available for members with kidney disease or kidney failure at no extra cost - By offering remote care, via phone or virtually online, Cricket Health’s approach to kidney care is designed to keep Blue Shield members living with kidney disease healthy at home, and out of clinics or hospitals whenever possible.  Health
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Ginger Lands $50M to Expand On-Demand Mental Health Support Platform

by Fred Pennic 08/06/2020 Leave a Comment

Ginger Lands $50M to Expand On-Demand Mental Health Support Platform

What You Should Know: - Ginger announces $50 Million in Series D funding to expand access to its on-demand mental healthcare system led by Advance Venture Partners and Bessemer Venture Partners; joined by Cigna Ventures and existing investors. - Company has more than tripled revenue over the past year, now brings access to on-demand mental healthcare to millions around the world through 200+ employer clients and leading health plans. Ginger, a San Francisco, CA-based provider of
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Cerner Invests in Xealth to Jointly Develop Digital Health Solutions for Clinicians

by Fred Pennic 08/06/2020 Leave a Comment

Digital Prescribing Platform Xealth Raises $11M to Expand Digital Health Tools

What You Should Know: - Cerner and Xealth announce a collaboration to foster tighter physician-patient relationships by giving patients easier access to digital health tools. - These assets will be prescribed directly within the physician’s EHR workflow to manage conditions including chronic diseases, behavioral health, maternity care, and surgery preparation. - Cerner and LRVHealth have together invested $6 million in Xealth as part of this agreement, with Cerner and Xealth planning
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Teladoc Health and Livongo Merge in $18.5B Deal: 5 Things to Know

by Fred Pennic 08/05/2020 Leave a Comment

Teladoc Health and Livongo Merge in $18.5B Deal: 5 Things to Know

What You Should Know: - Teladoc Health to merge with Livongo for $18.5B in cash and stock to create a powerhouse leader in consumer-centered virtual care. - Teladoc Health shareholders will own approximately 58 percent and existing Livongo shareholders will own approximately 42 percent of the combined company. - Jason Gorevic, current CEO of Teladoc Health, will be the CEO of the combined company. Teladoc Health (TDOC) and Livongo (LVGO), today announced that they have entered
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Amwell Appoints Amazon Exec Serkan Kutan as Chief Technology Officer

by Jasmine Pennic 08/05/2020 Leave a Comment

Amwell Appoints Amazon Exec Serkan Kutan as Chief Technology Officer

Amwell, a national telehealth provider, announced today that Serkan Kutan has joined the company as Chief Technology Officer. As part of his new role as CTO, Serkan will lead building upon and further scaling Amwell’s national telehealth platform to serve the needs of hospitals and health systems, health plans, innovators, and patients. “Serkan’s experience in innovating, building and maturing transformative healthcare technologies will play a significant role as we scale Amwell to meet
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Collective Health Appoints Max Mancini as New Chief Technology Officer

by Jasmine Pennic 08/04/2020 Leave a Comment

Collective Health Appoints Max Mancini as New Chief Technology Officer

What You Should Know: - Collective Health appoints Max Mancini as its new Chief Technology Officer. - Mancini, who previously held senior roles at Apple and eBay, will lead the company’s exceptional engineering team- overseeing the architecture, design and scaling of Collective Health’s core platform and suite of products which help make health insurance work for everyone. - He will also be responsible for continuing innovation, initially bolstering the recent launch of Collective
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AstraZeneca, Eko Collaborate to Advance Innovation Around Heart Failure

by Jasmine Pennic 08/04/2020 Leave a Comment

FDA Breakthrough Status Granted for Heart Failure Algorithm by Eko

What You Should Know: - Eko today announced a global collaboration with AstraZeneca to accelerate the development of digital health tools for the earlier screening of cardiovascular diseases, including heart failure.  - Through the collaboration, AstraZeneca and Eko will explore accelerating the development of Eko algorithms, enhancing clinical trials with Eko technology, and potentially building new heart failure detection solutions. Eko, a digital health company
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Talis Awarded $25M NIH Contract for Point-of-Care COVID-19 Testing

by Jasmine Pennic 08/03/2020 Leave a Comment

Talis Awarded $25M NIH Contract for Point-of-Care COVID-19 Testing

What You Should Know: - Today, Talis Biomedical Corporation announced it has been awarded a $25M contract from the National Institutes of Health (NIH) as part of Phase 2 of its Rapid Acceleration of Diagnostics (RADx) initiative as well as another $100 million in additional financing.   - The new funding will be used to scale manufacturing for the launch of the Talis One™ diagnostic platform that provides rapid and highly accurate detection of COVID-19 at points-of-care in 30 minutes
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