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Digital Health | News, Analysis, Insights - HIT Consultant

Onera Health Raises $9.3M to Pilot Medical Grade Sleep Diagnostics Patch

by Jasmine Pennic 04/23/2019 Leave a Comment

Onera Health Raises $9.3M to Pilot Medical Grade Sleep Diagnostics Patch

Onera Health Inc., a Palo Alto, CA-based sleep diagnostic solutions and services provider announced it raised $9.3 million in Series A funding led by Jazz Pharmaceuticals, imec.xpand, as well as other investors including imec and BOM. The digital health startup’s vision is to transform sleep diagnostics with the development of the world’s first at-home medical grade sleep diagnostics patch system.1 Out of 5 People Suffer From A Sleep DisorderThe need for better sleep testing is great. One in
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Fundamental Surgery Becomes First VR Surgical Training Simulation to Gain CPD Accreditation

by Fred Pennic 04/22/2019 Leave a Comment

Fundamental Surgery Becomes First VR Surgical Training Simulation to Gain CPD Accreditation

FundamentalVR, developers of immersive training technology for the surgical community, has announced its platform Fundamental Surgery, which combines virtual reality with haptics (the sense of touch), has received Continuing Professional Development (CPD) accreditation by The Royal College of Surgeons. The accreditation marks Fundamental Surgery as the first surgical simulation that combines VR with haptics (the sense of touch) to receive CPD points. Impact of
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What The Failure of Microsoft’s HealthVault Means for the Future of EHRs

by Donald Brown, Founder & CEO of LifeOmic 04/19/2019 Leave a Comment

What The Failure of Microsoft’s HealthVault Means for the Future of EHRs

Microsoft recently announced that it is officially shutting down HealthVault at the end of this year. HealthVault was Microsoft’s attempt at a web-based personal health record system. You probably never used it -- it suffered low adoption. But while HealthVault will shut down, mobile apps that collect and store your personal health information and share it with your healthcare team are poised to revolutionize medicine and wellness practice. The downfalls of HealthVault included its focus on
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EMV Capital Acquires Predictive Adverse Events Platform Wanda

by Jasmine Pennic 04/17/2019 Leave a Comment

EMV Capital Acquires Predictive Adverse Event Platform Wanda

EMV Capital, a London-based early-stage venture investor announced the acquisition and investment in Wanda Inc., a San Francisco-based digital health startup commercializing advanced clinical decision support software powered by machine learning and real-time patient data analysis. EMV Capital’s investment will enable Wanda to accelerate its growth in the North American market, as well as to enter the UK and European markets.Wanda Inc. BackgroundWanda Founded in 2011 from the results of eight
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PathAI Lands $60M to Accelerate AI-Powered Pathology Platform

by Jasmine Pennic 04/17/2019 Leave a Comment

PathAI Lands $60M to Accelerate AI-Powered Pathology Platform

PathAI, a Boston, MA-based provider of AI-powered pathology platform has raised $60M in Series B funding led by General Atlantic with strong participation from General Catalyst and other existing investors. General Atlantic Managing Director Dr. Michelle Dipp will be joining PathAI’s board of directors.Advanced Learning Towards Faster More Accurate Diagnosis of DiseaseCo-founded by Chief Executive Officer Dr. Andy Beck in 2016 with the mission to offer faster, safer and more powerful solutions
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TytoCare’s On-Demand Medical Exam Kit Is Exclusively Available at Best Buy

by Fred Pennic 04/17/2019 Leave a Comment

Tyto Care partners with Best Buy to launch TytoHome

TytoCare, an Israeli-based telehealth company is teaming up with Best Buy to make it easier and more convenient for customers to receive healthcare. Tyto Care’s TytoHome is now available exclusively on BestBuy.com for all customers and in select Minnesota Best Buy stores, with in-store availability coming soon in North Dakota, South Dakota, California, and Ohio.TytoHome: How It WorksTytoHome, available for $299.99, is a handheld examination device with attachments that can examine the heart,
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Mercom: Global Digital Health/Health IT VC Funding Tops $2B in Q1 2019

by Fred Pennic 04/17/2019 Leave a Comment

Mercom: Global Digital Health/Health IT VC Funding Tops $2B in Q1 2019

Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $2 billion in funding in Q1 2019, according to market research firm Mercom Capital. The Q1 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $2B in funding across 149 deals compared to $1.4B across 142 deals in Q4 2018. VC funding in Q1 2019 was down 19% compared to the same quarter of last year (Q1 2018) when nearly $2.5 billion was raised in 187
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National Cancer Institute Awards Medable $3.5M in Grants to Develop Digital Care Platforms

by Jasmine Pennic 04/17/2019 Leave a Comment

National Cancer Institute Awards Medable $3.5M in Grants to Develop Digital Platforms

The National Cancer Institute (NCI) has awarded Medable Inc. an end-to-end platform for digitally enabled and data-driven clinical trials two Fast-Track Small Business Innovation (SBIR) grants. The grants will provide up to $3.5 million in nondilutive research funding over the next several years to develop digital platforms to improve patient care. TogetherCare (Track Outcomes & Guidance, Technology for Health and Effective Resources) The first grant award provides funding to develop
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EverlyWell Raises $50M to Scale In-Home Digital Lab Testing Platform

by Jasmine Pennic 04/16/2019 Leave a Comment

EverlyWell Raises $50M to Scale In-Home Digital Lab Testing Platform

EverlyWell, an Austin, TX-based next-generation healthcare testing platform has raised $50 million in funding led by long-time investors Goodwater Capital with Highland Capital Partners joining. Next Coast Ventures, NextGen Venture Partners, SoGal Ventures and others participated. The company will use the funding to expand its digital platform and scale existing partnerships with leading brands like CVS and Humana.Cumbersome Traditional Lab Testing ProcessOver seven billion lab tests are run
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Canadian Virtual Care Startup OnCall Health Raises $1.5M to Expand Operations in North America

by Jasmine Pennic 04/16/2019 Leave a Comment

Canadian Virtual Care Startup OnCall Health Raises $1.5M to Expand Operations in North America

OnCall Health, a Toronto, CA-based platform that provides simple, secure virtual care technology and services for healthcare providers, today announced it has raised $2 million CAD ($1.5M USD) in seed funding led by Ripple Ventures with participation from Panache Ventures, Stout Street Capital, and Maple Leaf Angels.OnCall Health BackgroundFounded in 2016, OnCall’s secure virtual care (telemedicine) technology facilitates video or text-based consultations for healthcare practices and streamlines
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