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Digital Health | News, Analysis, Insights - HIT Consultant

Sandoz to Use Pilloxa’s Smart Pillbox to Improve Transplant Patient Medication Compliance

by Fred Pennic 05/10/2019 Leave a Comment

Sandoz to Use Pilloxa's Smart Pillbox to Improve Transplant Patient Medication Compliance

Swedish digital health startup company Pilloxa has announced a strategic collaboration with Sandoz Nordics on using Pilloxa’s smart pillbox in the field of transplantation. The initial phase aims to support Swedish transplant clinics with Pilloxa's innovation in order to facilitate improved medication adherence by transplanted patients.Pilloxa Background Founded in 2015, Pilloxa recognized the need to facilitate medication adherence during Clinical Innovation Fellowships; a joint venture program
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Philips, Medtronic Partner to Advance The Image-Guided Treatment of Atrial Fibrillation

by Jasmine Pennic 05/10/2019 Leave a Comment

Philips, Medtronic Partner to Advance The Image-Guided Treatment of Atrial Fibrillation

Royal Philips has announced a collaboration with Medtronic to further advance treatment of paroxysmal atrial fibrillation (PAF), a common heart rhythm disorder. Through the agreement, Medtronic will facilitate sales of products on behalf of Philips to provide an innovative, integrated image guidance solution for cryoablation procedures.Impact of Atrial FibrillationAtrial fibrillation (AF) affects more than 33 million people worldwide. Cryoballoon ablation is used in a minimally invasive
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Neural Analytics Lands $22M for Robotically Assisted Ultrasound System for Brain Health Assessment

by Fred Pennic 05/10/2019 Leave a Comment

Neural Analytics, Inc., a Los Angeles, CA-based medical robotics company developing and commercializing technologies to measure and track brain health has raised $22 million in Series C funding led by Alpha Edison and the Company has also issued warrants to purchase stock in connection to the financing. The investment brings Neural Analytics’ total funding to approximately $66 million.Impact of Neurological DiseasesNeurological diseases such as stroke affects more than 795,000 people each year
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MATTER, rMark Bio Launch AI-Powered Healthcare Innovation Matchmaker, Origin

by Jasmine Pennic 05/09/2019 Leave a Comment

MATTER, rMark Bio Launch AI-Powered Healthcare Innovation Matchmaker, Origin

MATTER, a Chicago, IL-based healthcare incubator and innovation hub, and rMark Bio, a life sciences AI company announced the launch of Origin™ — a new product to further accelerate healthcare innovation via collaboration. Exclusively available to the MATTER community of startup members and partner organizations, Origin combines the power of machine learning with MATTER’s expertise in vetting, coaching and convening to match pharmaceutical companies, payers and health systems with the right
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Podimetrics Raises $13.4M for FDA-Cleared Solution to Prevent Diabetic Foot Ulcers

by Fred Pennic 05/09/2019 Leave a Comment

Podimetrics Raises $13.4M for FDA-Cleared Solution to Prevent Diabetic Foot Ulcers (DFUs)

Podimetrics, a care management company with the leading solution to help prevent costly and deadly diabetic foot ulcer (DFUs) has raised $13.4M in Series B funding round from investors Rock Health, Norwich Ventures, and Scientific Health Development.Impact of Diabetic Foot Ulcers for PatientsDiabetic foot ulcers are a major complication of diabetes and are one of the most devastating and costliest diabetes complications -they can lead to debilitating amputations that cost on average $100k. In
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Novant Health Forms Digital Health and Engagement Business Division

by Fred Pennic 05/09/2019 Leave a Comment

Novant Health Launches Institute of Innovation & Artificial Intelligence for Patients Novant Health Forms Digital Health and Engagement Business Division

Novant Health launches digital health & engagement division to lead the strategy and implementation of omnichannel digital solutions and develop a comprehensive digital healthcare delivery platform. The mission of the new division will focus on creating a digital healthcare delivery platform that connects a person’s entire healthcare journey and delivers a personalized experience through a comprehensive virtual venue of care.Digital Health and Engagement Division LeadershipThe digital health
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LetsGetChecked Lands $30M for Regulated At-Home Medical Testing Platform

by Jasmine Pennic 05/08/2019 Leave a Comment

LetsGetChecked Lands $30M for Regulated At-Home Medical Testing Kit

LetsGetChecked, an NYC-based direct-to-consumer at-home health testing platform increasing access to laboratory and self-testing, today announced it has raised 30 million in Series B round led by LTP with participation from existing investors Optum Ventures and Qiming Venture Partners USA. At Home Testing, For A Healthier You Founded in 2014, LetsGetChecked is a medical technology platform linking customers to regulated laboratory testing to better manage and control their health. The
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LunaPBC Raises $4.6M to Fuel Community-Owned Genomic & Health Data Platform

by Fred Pennic 05/08/2019 Leave a Comment

LunaPBC Raises $4.6M to Fuel Community-Owned Genomic & Health Data Platform

LunaPBC, founder of LunaDNA, the first community-owned genomic and health data platform, has raised $4.6 million from ARCH Venture Partners, Bain Capital Ventures, F-Prime Capital, Illumina Ventures, and Osage University Partners. The latest round brings the company’s total funding to date to $7.6 million. First Community-Owned Health & DNA Research Platform Founded in 2017 on the belief that health data sharing and community ownership are the new philanthropy, LunaDNA is the first
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Velano Vascular Raises $10M for FDA-Cleared Needle-Free Blood Draw Device

by Fred Pennic 05/08/2019 Leave a Comment

Velano Vascular Raises $10M for FDA-Cleared Needle-Free Blood Draw Device

Velano Vascular, a San Francisco, CA-based vascular access technology innovator today announced that it has raised $10 million from strategic investor Intermountain Healthcare following the system’s rollout of the PIVO™ needle-free blood collection technology. The funding also included participation from Becton Dickinson’s former Chairman and CEO Edward Ludwig; notable entrepreneur, investor, and health sector philanthropist Marc Benioff; Baxter International’s former Chairman and CEO Robert
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Digital Health – Is It Worth It? How to Calculate ROI in Digital Health

by Juan Pablo Segura, Co-founder of Babyscripts 05/08/2019 Leave a Comment

Digital Health - Is It Worth It? How to Calculate ROI in Digital Health

The results are in. A 2019 PEGA survey asked 2,000 U.S. consumers how they felt about recent trends in healthcare, and the response was overwhelming — they want a personal touch, and they want it digital.  Not only that, but the survey also revealed that communications from healthcare organizations actually drive a patient’s desire to improve their health, fueling the popular opinion that technology is the magic key to patient engagement. What the survey fails to reveal, though, is why the
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