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Digital Health | News, Analysis, Insights - HIT Consultant

Mount Sinai Opens Center for Biomedical Blockchain Research to Develop Healthcare Blockchain Apps

by Jasmine Pennic 07/24/2018 Leave a Comment

How Blockchain Technology Could Help Prevent Medical Fraud

First venture launched by an academic medical center to use blockchain technology to solve healthcare and medical science problems. The Icahn School of Medicine at Mount Sinai and the Institute for Next Generation Healthcare has announced the official opening of the Center for Biomedical Blockchain Research. The center is the first of its kind at any academic medical center to utilize blockchain technology, a distributed, decentralized secure database system originally developed for Bitcoin, to
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Novartis, SHYFT Partner to Support the Commercialization of Key Therapies in Europe

by Jasmine Pennic 07/24/2018 Leave a Comment

Medidata Acquires SHYFT Analytics for $195M to Power Digital Transformation in Life Sciences

SHYFT Analytics, a Medidata Solutions, today announced that Novartis has selected its Intelligent Platform for Life Sciences to support the commercialization of key therapies in Europe. As part of the collaboration, Novartis will use the following SHYFT solutions: - STRATA Data Platform to aggregate and manage a growing number of third party and proprietary commercial data sources- LUMEN Insights Platform to deliver intuitively-designed analytics to drive the “next-best-actions” for commercial
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XLerateHealth Accelerator Unveils Its Sixth Class of 10 Digital Health Startups

by Fred Pennic 07/24/2018 Leave a Comment

XLerateHealth Accelerator Unveils Its Sixth Class of 10 Digital Health Startups

XLerateHealth, a Louisville-based healthcare accelerator, today announced it has selected ten companies to participate in their sixth cohort of companies. The accelerator’s 12-week intensive program will help the early stage healthcare companies build out their commercialization strategy, which includes their intersection with Payers, Providers (hospitals, ACOs, nursing homes, home health and group practices), and customers (employers and/or consumers). At the conclusion of the Bootcamp cohort,
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Madaket Health Raises $10M for Automated Healthcare Provider Enrollment Platform

by Jasmine Pennic 07/24/2018 Leave a Comment

Madaket Health Raises $10M for Automated Provider Enrollment Platform

Madaket Health lands $10M for automated healthcare provider enrollment platform to accelerate its growth, expand platform solutions for payer-provider collaboration.Madaket Health, a Cambridge, MA-based healthcare SaaS platform solution that simplifies administrative data exchange between payers and provider has raised $10 million in Series B funding Qiming Venture Partners. The round also included participation from Experian Ventures, The PNC Financial Services Group, and Salesforce Ventures.
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RXQ Compounding Raises $7M for FDA Approved 503B Outsourcing Facility

by Fred Pennic 07/24/2018 Leave a Comment

RXQ Compounding Raises $7M for FDA Approved 503B Outsourcing Facility

RXQ Compounding, LLC, an Athens, Ohio-based manufacturer of sterile and non-sterile medications licensed to ship to 38 states and Washington, D.C., announced it has raised $7 million in Series A funding led by Ohio Innovation Fund (OIF). RXQ plans to use the latest round of funding to open a new state-of-the-art FDA 503B outsourcing facility  for pharmacy compounding, employing hundreds in the Appalachian area of Southeast Ohio. RXQ Compounding, LLC is poised to be a leader in the new paradigm
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Click Therapeutics Lands $17M to Advance Prescription Digital Therapeutics Platform

by Fred Pennic 07/23/2018 Leave a Comment

Click Therapeutics Lands $17M to Advance Prescription Digital Therapeutics Platform

Click Therapeutics, Inc. (“Click”), a provider of Digital Therapeutics solutions as prescription medical treatments, has raised $17 million in funding led by Sanofi Ventures, the corporate venture capital arm of Sanofi. Sanofi Ventures invests in early-stage biotech and digital health companies with innovative ideas and transformative new products and technologies of strategic interest to Sanofi. Among these areas are rare diseases, vaccines, potential cures in other core areas of Sanofi’s
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Anthem, Samsung, American Well Partner to Provide Plan Members Access to Telehealth Services

by Jasmine Pennic 07/23/2018 Leave a Comment

Anthem, Samsung, American Well Partner to Provide Plan Members Access to Telehealth Services

Collaboration leverages both Samsung Health and American Well apps to easily connect consumers to high-quality telehealth servicesSamsung, Anthem, and American Well, today announced a new partnership to provide consumers access to a broad array of telehealth services through the Samsung Health app and American Well’s LiveHealth Online app. Starting today, consumers with an Anthem-affiliated health plan and the updated Samsung Health app on their Samsung Galaxy device can now access LiveHealth
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Non-Emergency Medical Transportation Pilot Improved Patient No-Show Rates

by Fred Pennic 07/23/2018 Leave a Comment

Circulation and Lyft Team Up for Non-Emergency Medical Transportation

Results of a 12 month non-emergency medical transportation pilot program reported a significant decline in patient no-shows and increased revenue for Hennepin Healthcare. During the yearlong pilot program, the internal medicine clinic located in downtown Minneapolis deployed Hitch Health’s proprietary, automated technology to offer Lyft rides via SMS rates to patients in need who had previously missed appointments.The software’s flexibility allows health systems to customize ride offers through
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University Hospitals Adopts Needle-Free Blood Draw Technology

by Fred Pennic 07/20/2018 Leave a Comment

University Hospitals Adopts Needle-Free Blood Draw Technology

University Hospitals Cleveland Medical Center adopts needle-free blood draw technology to reduce anxiety and risks for hospitalized patients.University Hospitals (UH) Cleveland Medical Center in Ohio, announced that it has implemented the PIVO needle-free blood draw device from San Francisco-based medical device innovator Velano Vascular at UH Cleveland Medical Center for inpatient blood draws. UH is the first health system in Ohio to deliver this enhanced experience to patients and is helping
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ObvioHealth Launches Mobile App to Transform Clinical Studies

by Jasmine Pennic 07/20/2018 Leave a Comment

ObvioHealth Launches Mobile App to Transform Clinical Studies

Clinical trials are a crucial component to advancing healthcare, bringing new therapies to market and better understanding the pathological process of disease in the human body. That said, the clinical research industry is bogged down in antiquated processes, and is hungry for innovative tech that puts patients first to drive the industry forward.ObvioHealth, a healthcare technology company, just announced the official launch of its mobile application for site-less clinical studies—ClaimIt.  The
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