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Digital Health | News, Analysis, Insights - HIT Consultant

Teladoc to Acquire Best Doctors for $440M in Cash and Stock

by HITC Staff 06/19/2017 Leave a Comment

Highmark Partners With Best Doctors to Provide Virtual Second Opinions for Members

Telehealth provider Teladoc, Inc. has entered into a definitive agreement to acquire Best Doctors, an expert medical consultant company.  For Teladoc, the acquisition will expand its international footprint and breadth of healthcare solutions. . By leveraging the proven portfolio of healthcare solutions from both Best Doctors and Teladoc, members will have one simple, virtual, patient-centric way to resolve their healthcare issues, improving outcomes and reducing costs.Under the terms of the
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UK Telehealth Startup Now Healthcare Group Lands £4M to Develop Artificial Intelligence Solutions

by Jasmine Pennic 06/19/2017 Leave a Comment

UK Telehealth Startup Now Healthcare Group Lands £4M to Develop Artificial Intelligence Solutions

Now Healthcare Group, a UK-based telehealth provider has secured a £4 million ($5M USD) investment from leading health cash plan provider Medicash. The investment from Medicash will enable the NHG to further develop its artificial intelligence and machine learning offering through its mobile app products and its online pharmacy, enabling the faster development of auto diagnoses and medicine adherence solutions.Founded in 2015 by Lee Dentith, NHG provides digital healthcare services through its
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Philips Launches Informatics Platform to Advance Drug Research & Biomarker Discovery

by Fred Pennic 06/19/2017 Leave a Comment

Blood-Based DNA Biomarker Panel Philips Acquires Northern Irish Digital Pathology Startup PathXL

Today, Philips has announced the launch of Xplore, a web-based image and data management platform that will help pharma and academic researchers speed up drug research and biomarker discovery through enhanced integration, visualization and analytics tools. Xplore v4.0 will be available commercially in July 2017. Customers have the option to purchase the basic package or with custom additions including a dedicated TMA module for enabling faster and streamlined research.As the industry continues
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Hackensack Meridian Health Joins NJII’s Incubator to Develop & Launch Innovative Healthcare Solutions

by HITC Staff 06/16/2017 Leave a Comment

Hackensack Meridian Health Joins NJII’s Incubator to Develop & Launch Innovative Healthcare Solutions

Hackensack Meridian Health, New Jersey’s most comprehensive and integrated network of healthcare providers has become the first member of NJII’s Ideation Program for Healthcare. The incubation program is designed to develop and launch the next wave of innovative problem-solving in healthcare technology, products and services.NJII’s Ideation Center comprised of additional healthcare industry partners, leaders and other guests was formally unveiled to the public in April, specifically created as a
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Spry Health Lands $5.5M to Fund Commercialization of Clinical-Grade Wearable

by Jasmine Pennic 06/15/2017 Leave a Comment

Spry Health Clinical-Grade Wearable

Spry Health, a Palo Alto, CA-based provider of remote patient monitoring solutions has raised $5.5 million in Series A funding led by Grove Ventures with participation from the Stanford-StartX Fund.  The company plans to use the round to fuel the commercialization of its clinical-grade wearable Loop that delivers continuous vital sign monitoring. Loop enhances timely care to chronically ill patients, with individualized analytics to improve patient outcomes, reduce hospitalization and decrease
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iSpecimen Launches First Online Marketplace for Human Biospecimens

by Fred Pennic 06/15/2017 Leave a Comment

iSpecimen Launches First Online Marketplace for Human Biospecimens

 iSpecimen, a Lexington, MA-based startup has launched the iSpecimen Marketplace, an online, data-rich platform that connects life science researchers who need human biospecimens to the healthcare organizations that have them. Using a powerful, multi-faceted search platform, the marketplace enables medical researchers to intuitively search millions of available human biospecimens and solves one of the research industry’s biggest challenges – how to compliantly obtain quality biospecimens in a
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Led by Cigna, Omada Health Nabs $50M to Expand Digital Therapeutics for Chronic Disease

by HITC Staff 06/14/2017 Leave a Comment

Led by Cigna, Omada Health Nabs $50M to Expand Digital Therapeutics for Chronic Disease

Omada Health, a digital health company that helps health plans and employers tackle type 2 diabetes and heart disease in the most engaging, effective, and scalable way possible has raised $50 million in funding led by Cigna. The round also included participation and U.S. Venture Partners, Andreessen Horowitz, Norwest Venture Partners, Humana, Kaiser Permanente Ventures, Providence Ventures, dRx Capital, GE Ventures, Civilization Ventures and Sanofi Genzyme BioVentures.Omada also announced that
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SERMO Expands Social Network for Doctors Globally to Transform Medical Crowdsourcing

by Jasmine Pennic 06/14/2017 Leave a Comment

SERMO Expands Social Network for Doctors Globally to Transform Medical Crowdsourcing

SERMO, a global social network for physicians has expanded its footprint globally to revolutionize medical crowdsourcing. SERMO is now open to physicians on all seven continents, delivering on its promise from day one to unite physicians from every corner of the globe, ensuring the free flow of expert information amongst physicians. Now available in more than 150 countries, physicians from both rural and urban areas, in developed and developing nations, can be exposed to the same expertise from
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Digital Health Startup Incubated at Providence Lands $8.5M for Digital Prescription Platform

by Jasmine Pennic 06/14/2017 Leave a Comment

Digital health Startup Incubated at Providence Lands $8.5M for Digital Prescription Platform

 Xealth, a digital health startup incubated within Providence’s Digital Innovation program has raised $8.5 million in funding led by DFJ to launch its digital prescription platform. The funding also included participation from leading healthcare organizations including Providence, UPMC, Hennepin, and Froedtert.Xealth’s digital prescribing and analytics platform is already being used by two of the largest not-for-profit healthcare systems in the US—Seattle-based Providence and Pittsburgh-based
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Accenture, Biogen, 1QBit Launch Quantum Computing App to Accelerate Drug Discovery

by Fred Pennic 06/14/2017 Leave a Comment

Accenture, Biogen, 1QBit Launch Quantum Computing App to Accelerate Drug Discovery

Accenture and Biogen have developed a first-of-a-kind quantum-enabled molecular comparison app designed to speed up drug discovery for complex neurological conditions such as MS, Alzheimer’s, Parkinson’s and Lou Gehrig’s disease. Researchers at Accenture Labs collaborated with 1QBit to create the new application which enhances Biogen’s existing molecule comparison method with quantum capabilities.Molecular comparison is a crucial part of early-phase drug design and discovery, and involves
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