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Digital Health | News, Analysis, Insights - HIT Consultant

Mashura Secures $300M Strategic Partnership with PE Firm Warburg Pincus

by Fred Pennic 01/07/2025 Leave a Comment

Mashura Secures $300M Strategic Partnership with PE Firm Warburg Pincus

What You Should Know:  - Mashura, a provider of inventory intelligence solutions for healthcare, announced today a significant $300M strategic partnership with a newly formed financing vehicle sponsored by Warburg Pincus, a growth private equity firm.  - The investment will fuel Mashura's expansion plans, drive innovation in its core offerings, and strengthen its integration partnerships. Inventory Intelligence Solutions Mashura specializes in providing smart cabinet
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Providence Ventures Spins Out, Forms Allumia Ventures

by Fred Pennic 01/07/2025 Leave a Comment

Providence Ventures Spins Out, Forms Allumia Ventures

What You Should Know:  - Allumia Ventures, formerly known as Providence Ventures, announced its spin-off from Providence to become an independent venture capital firm.  - The spin out follows the first close of its third fund, marking a significant milestone in the firm's evolution. The firm will continue to work closely with Providence as an Anchor Limited Partner while inviting a select group of other healthcare organizations to join its third fund. Allumia Ventures
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ONRAD Acquires Direct Radiology from Philips, Creating Largest Independent Teleradiology Provider in the US

by Fred Pennic 01/07/2025 Leave a Comment

ONRAD Acquires Direct Radiology from Philips, Creating Largest Independent Teleradiology Provider in the US

What You Should Know:  - ONRAD Inc., a provider of teleradiology and comprehensive radiology solutions, announced the acquisition of Direct Radiology from Royal Philips. Financial terms of the acquisition were not disclosed.  - Direct Radiology, founded in 2012, is a Joint Commission-accredited practice with a network of approximately 80 radiologists serving over 430 healthcare facilities across the US. By integrating Direct Radiology's extensive network and expertise, ONRAD
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5 Vocal Biomarker Trends to Watch in 2025

by Henry O’Connell, CEO and Co-Founder, Canary Speech 01/07/2025 Leave a Comment

5 Vocal Biomarker Trends to Watch in 2025

In recent years, the use of AI-enhanced ambient listening tools has transformed the way clinicians utilize vocal biomarkers for cognitive and behavioral health assessments. As these technologies expand, clinicians are exploring use-cases for a wider range of languages, populations, and more conditions as well. Looking ahead to 2025, expect vocal biomarkers to play a more essential role in disease detection, offering valuable insights while saving time for both
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Twentyeight Health Secures $10M to Expand Access to Affordable Women’s Healthcare

by Jasmine Pennic 01/07/2025 Leave a Comment

Twentyeight Health Secures $10M to Expand Access to Affordable Women's Healthcare

What You Should Know:  - Twentyeight Health, a digital-first women's healthcare platform raises $10M in a Series A funding round led by Seae Ventures, with participation from Impact America Fund, The Social Entrepreneurs' Fund, RH Capital, Impact Engine, Gratitude Railroad, and Townhall Ventures.  - The latest round brings the company's total funding to $25M and will fuel its mission to provide convenient, affordable, and stigma-free reproductive and sexual care to women across
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Pepticom Secures $6.6M to Advance AI-Powered Peptide Drug Discovery

by Fred Pennic 01/07/2025 Leave a Comment

Pepticom Secures $6.6M to Advance AI-Powered Peptide Drug Discovery

What You Should Know:  - Pepticom, an innovator in AI-driven peptide-based therapeutics secures $6.6M in a Series A1 funding round led by Japan Israel High Tech Ventures 2 LP, with strong support from existing investors.  - The new funding will accelerate the development of Pepticom's oral IL-17 inhibitor program, focusing on creating improved treatments for autoimmune diseases like psoriasis and psoriatic arthritis. Revolutionizing Autoimmune Disease Treatment Pepticom is
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ActiGraph Acquires Biofourmis Life Science Business

by Fred Pennic 01/07/2025 Leave a Comment

ActiGraph Acquires Biofourmis Life Science Business

What You Should Know:  - ActiGraph, a global leader in wearable digital health technology, announced the acquisition of Biofourmis Connect, a division of Biofourmis specializing in AI-powered digital trial platforms for the life science industry. Financial terms of the acquisition were not disclosed. - The acquisition combines ActiGraph's expertise in wearable technology with Biofourmis Connect's advanced analytics capabilities, creating a comprehensive and unified solution for
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GoodRx Launches GoodRx for Pets Experience, Offering Savings and Home Delivery for Pet Medications

by Jasmine Pennic 01/07/2025 Leave a Comment

GoodRx for Pets Launches Pet Medications Savings & Home Delivery

What You Should Know:  - GoodRx (Nasdaq: GDRX), a prescription savings platform, today announced a new and improved GoodRx for Pets experience.  - The enhanced offering provides pet owners with a more affordable and convenient way to access pet medications, combining savings with home delivery options.   GoodRx for Pets: A Comprehensive Solution The rising cost of pet healthcare has become a significant concern for many Americans. In 2023 alone, pet owners spent
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Wellumio Expands Stroke Detection Device to U.S. Market

by Fred Pennic 01/06/2025 Leave a Comment

Wellumio Expands Stroke Detection Device to U.S. Market

What You Should Know:  - Wellumio, a New Zealand-based medical device innovator announced the launch of a new subsidiary in California, a strategic move aimed at facilitating US-based clinical trials for its groundbreaking Axana device and accelerating its commercial rollout in the United States. - Wellumio's expansion to the United States marks a significant milestone in its journey to revolutionize stroke care.  Axana: Transforming Stroke Detection Axana is a portable,
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M&A: Predictive Oncology to be Acquired by Renovaro

by Fred Pennic 01/06/2025 Leave a Comment

Predictive Oncology to be Acquired by Renovaro

What You Should Know:  - Predictive Oncology Inc. (NASDAQ: POAI), a leader in AI-driven drug discovery, announced its upcoming acquisition by Renovaro, Inc. (NASDAQ: RENB) in a strategic move aimed at accelerating innovation and improving cancer treatment outcomes.  - The merger brings together two companies with a shared commitment to leveraging artificial intelligence and machine learning to transform cancer care. Synergistic Strengths and Shared Vision Both Predictive
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