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Digital Health | News, Analysis, Insights - HIT Consultant

Welltok Raises $75M to Expand Health Optimization Platform into New Markets

by Fred Pennic 04/04/2018 Leave a Comment

Welltok

Welltok, a health optimization platform for consumer health, announced today that it raised $75 million in a Series E2 funding round with participation from new and existing investors including New Enterprise Associates, Bessemer Venture Partners and Georgian Partners. Participants in the funding round include new investors Future Fund Management Agency, Ziff Davis, NF Trinity Capital (Hong Kong) Limited and ITOCHU Corporation.The latest financing round will carry Welltok through its next phase
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Public Health Study Reduces Asthma Rescue Inhaler Use by 78% in Louisville

by Jasmine Pennic 04/04/2018 Leave a Comment

Public Health Study Reduces Asthma Rescue Inhaler Use by 78% in Louisville

Propeller Health and peer-reviewed healthcare journal, Health Affairs, published results from a cross-sector partnership in Louisville, KY, that it has successfully reduced the burden of asthma. As one of the largest public health studies on asthma, Air Louisville is a collaboration among 25 public, private and philanthropic organizations to use digital health technology to improve asthma. The Robert Wood Johnson Foundation (RWJF) funded the successful study, with additional funding from the
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Vida Health Appoints Randy Forman as Chief Commercial Officer

by HITC Staff 04/04/2018 Leave a Comment

Vida Health Appoints Randy Forman as Chief Commercial Officer

Vida Health, a digital therapeutic platform that helps employees overcome chronic physical and behavioral health conditions announced the hire of Randy Forman, formerly of Livongo Health, as their Chief Commercial Officer.  He joins after serving as the Head of Strategic Accounts for Livongo Health, working with large employers, consultants, providers, Pharmacy Benefits Managers, and health plans around the country. During his tenure at Livongo, Randy  helped build its sales organization and
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Rock Health: Digital Health Funding Brings in Record $1.62B in Q1 2018

by Fred Pennic 04/03/2018 Leave a Comment

Digital health funding has reached a record breaking $1.62 billion in Q1 2018 across 77 digital health deals, according to Rock Health, a full-service venture fund dedicated to digital health.The Q1 2018 Rock Health report reveals investors are starting to become more confident investing in large, late stage round with the top 10 deals, representing over 55% of total funding—but only 13% of deals—in the quarter. In addition, the average deal size increase from $16.4M in 2017 to $21M in 2018.The
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AAFP & Zipnosis Partner to Bring Virtual Care to Family Physicians Nationwide

by Jasmine Pennic 04/03/2018 Leave a Comment

Zipnosis_Virtual Care Virtual Care Platform

Today, the American Academy of Family Physicians (AAFP) and Zipnosis announced a strategic partnership to provide a virtual care platform to the AAFP’s 129,000 members and their patients. With the virtual care platform’s online diagnosis and treatment solution with the option of video, AAFP members now can offer their patients convenient access to care by connecting them virtually with their family physician anywhere at any time.AAFP plans to offer the virtual care platform to a select group of
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5 Healthcare Organizations Launch Healthcare Blockchain Pilot Program

by HITC Staff 04/02/2018 Leave a Comment

FDA Approves Blockchain/IoT Pilot to Track Specialty Prescription Drugs Across 3 States Blockchain in Healthcare_Next Stop for Data-driven Healthcare: Blockchain

Five leading health care organizations – Humana, MultiPlan, Quest Diagnostics and UnitedHealth Group’s Optum and UnitedHealthcare, announced that they are launching a healthcare blockchain pilot program applying blockchain technology to improve data quality and reduce administrative costs associated with changes to health care provider demographic data, a critical, complex and difficult issue facing organizations across the health care system.The companies will explore how the technology could
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DrChrono Launches Apple Hardware Leasing Bundles for Doctors and Medical Practices

by Fred Pennic 04/02/2018 Leave a Comment

DrChrono Launches Apple Hardware Leasing Bundles for Doctors and Medical Practices

DrChrono Inc., the company enabling the medical practice of the future, today announced that it is the first medical records company to offer Apple hardware leasing bundle plans for doctors and medical professionals to combine the power of its award winning EHR with Apple hardware. The focus of this program is to kick-off the first white glove Apple hardware concierge experience to specialize and personalize what hardware a medical professional will need to meet the demands of running a modern
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Research: How Personality Affects Gamified Diabetes Self-Management

by Fred Pennic 04/02/2018 Leave a Comment

diabetes management qualcomm medtronic diabetes

Personality differences might explain why mobile health apps for self-managing diabetes help some patients more than others, according to researchers at the University of Maryland. UMD researchers. Mobile health apps using gamified elements, like Empower by Ayogo and Fitocracy, for improving behaviors important to self-managing chronic illness are growing in popularity. However, evidence of effectiveness of mobile health apps has been mixed. Meanwhile, rates of Type 2 diabetes in older adults
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Accolade Lands $50M for On-Demand Health & Benefits Solution

by Fred Pennic 03/30/2018 Leave a Comment

Accolade Lands $50M for On-Demand Health & Benefits Solutions

Accolade, a Seattle, WA-based provider of a personalized health and benefits solution has raised $50 million in funding led by existing investors Andreessen Horowitz, Carrick Capital Partners, Madrona Venture Group and McKesson Ventures, with participation from new investors Cross Creek Advisors and Madera Technology Partners. The startup intends to use the funds to grow its workforce, and expand its Personalized Advocacy solution used by more than 1.1 million U.S. employees and their families
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Vanderbilt University to Use $65M to Support Innovative Life Sciences Research

by Jasmine Pennic 03/30/2018 Leave a Comment

Deerfield Management and Vanderbilt University announced today the launch of Ancora Innovation, LLC ("Ancora"), a Deerfield company that will support Vanderbilt's innovative life science research and leverage Deerfield's expertise in accelerating state-of-the-art drug development. Ancora will fund projects with the aim of changing the current paradigm of drug development and establishing novel therapeutics to cure life-altering diseases.As part of Ancora, Deerfield will commit up to $65 million
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