Global digital health funding, including private equity and corporate venture capital reached a record-breaking total of $7.2B in 2017 over 778 deals, representing a 42 percent increase from the $5.1B in 622 deals in 2016, according to the latest report from Mercom Capital Group. Mercom’s Q4 and Annual 2017 Digital Health Funding and M&A report reveals total corporate funding for Healthcare IT companies – including debt and public market financing – climbed to $8.2 billion in 2017, a 47
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Digital Health | News, Analysis, Insights - HIT Consultant
Box Launches Compliance Monitoring for Life Sciences with GxP Validation
Box, Inc, a provider of cloud content management, today announced Box GxP Validation, an innovative new approach for maintaining GxP compliance in the cloud. Box GxP Validation enables Pharmaceuticals, Biotechnology and Medical Device businesses to develop, validate and operate their GxP compliance standards within Box. Box GxP Validation methodology complies with GAMP5 guidelines, accelerates the validation process, and lowers risk via use of daily tests to assure a continued state of
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Boston Pediatric Device Strategic Partner Challenge Winners Announced
The Innovation and Digital Health Accelerator (IDHA) at Boston Children’s Hospital and the Boston Pediatric Device Consortium (BPDC) today announced winners of the Boston Pediatric Device Strategic Partner Challenge, which launched in September 2017 and is designed to advance the development of novel pediatric medical device innovations. The Challenge was funded by the FDA Office of Orphan Products Development through a grant to the Boston Pediatric Device Consortium. Each winner has been
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Wellforce Taps Tufts Medical Center CEO To Lead Clinical Innovation
Wellforce today announced that Michael Wagner, MD, President and Chief Executive Officer of Tufts Medical Center and Floating Hospital for Children in Boston, will become its new Chief Physician Executive. In his new role, Dr. Wagner will bring together the nearly 3,000 physicians of Wellforce to develop a bold, innovative strategy that improves the health of patients and communities and creates an environment where clinicians can thrive. Dr. Wagner will begin his tenure as Chief Physician
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Solera Health Integrates WellDoc’s BlueStar Digital Therapeutic for Diabetes Management
Solera Health, an integrated benefit network, and WellDoc, a leading digital therapeutic company has announced that WellDoc’s BlueStar® digital therapeutic will join the Solera network as a diabetes management solution of choice. The integration partnership aligns both companies’ goals to improve the lives of those living with chronic diseases while enhancing clinical results and decreasing overall healthcare costs.Solera Health connects patients, payers and physicians with community
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Magellan Health Launches First FDA-Approved Prescription Digital Therapeutic
Magellan Health has announced the launch of reSET therapy, a pilot initiative using the first-ever FDA cleared prescription digital therapeutic from PEAR Therapeutics to improve outcomes for individuals struggling with Substance Use Disorders (SUD) and other related conditions.With the current challenges in our nation related to substance use, the evidence-based, non-drug treatment option presented with this approach is an opportunity to offer a practical solution to meet these complex needs and
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Tissue Analytics Lands $5M for EHR-Integrated Mobile Wound Care Platform
Tissue Analytics, a Baltimore, MD-based digital health startup which provides simple, easy-to-use solutions to increase efficiency and accuracy for wound and skin tracking, has announced a $5M Series A round. The round was led by DigiTx Partners with participation from Tencent, Dreamit, Molnlycke Health Care, Intermountain Healthcare, and Penn Medicine.The company plans to use the latest round of funding to support the expansion of the sales team in their recently opened Kansas City office and
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Wearable Medical Devices Global Market to Reach $19.5B by 2021
The global market for wearable medical devices is expected to nearly $19.5 billion in 2021 at a compound annual growth rate (CAGR) of 28.8% for 2016-2021, according to a new report from Report Linker. The report reveals that the U.S. market for wearable medical devices is expected to grow from $2.5 billion in 2016 to nearly $8.7 billion in 2021 at a CAGR of 27.9% from 2016 through 2021. The rising elderly population, dysfunctional lifestyles, and the rising concern of patients toward their
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Sanofi, TriNetX Partner to Optimize Clinical Trials with Digital Technology
TriNetX, the global health research network for healthcare organizations, biopharmaceutical companies, and Contract Research Organizations (CROs), announced their collaboration with their client, Sanofi, a global life sciences company committed to improving access to healthcare via the continuum of care.TriNetX/Sanofi Partnership DetailsClinical trials are a critical component of drug discovery and development, yet the time to market for drugs hasn’t improved significantly in nearly two decades.
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Philips Launches EHR-Integrated Patient Monitoring Solution for Clinicians
philipPhilips has announced the launch of their next-generation Patient Monitoring solution, an enterprise-wide system that consists of bedside, transport, mobile and central station monitoring technology backed by a new approach of consulting, training, service and customer support.Helping Clinicians Improve Patient CareWhen patients are admitted to the hospital, they are frequently transferred between departments, which can make it difficult for clinicians to obtain complete data from
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