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Digital Health | News, Analysis, Insights - HIT Consultant

Private Equity Firm GTCR Acquires Active Aging Provider GreatCall

by Jasmine Pennic 06/08/2017 Leave a Comment

Private equity firm GTCR has acquired GreatCall, a San Diego-based provider of active aging & independent living solutions, health apps, cell phones for seniors & medical alert devices. Financial terms of the acquisition were not disclosed and the transaction is expected to close in the third quarter of 2017.As part of the acquisition, GTCR will partner with CEO David Inns and the GreatCall management team as they continue to grow and develop the Company's technology and services
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Salesforce Survey: AI in Healthcare Causes Both Optimism & Concerns

by Fred Pennic 06/07/2017 Leave a Comment

Salesforce Survey: AI in Healthcare Causes Both Optimism & Concerns

74% of baby boomers are worried about artificial intelligence (AI) providing an incorrect diagnosis vs. their doctor’s recommendation -- something only 60% of millennials were worried about, according to recent findings from the Salesforce 2017 Connected Patient Report. Conducted by Harris Poll on behalf of Salesforce from May 4-8, 2017, the survey reveals that AI in healthcare is an area of both optimism and concern among baby boomers and millennials. When asked about currently available
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Eko Duo Receives FDA Clearance to Market Combined Digital Stethoscope/ECG Smart Device

by Jasmine Pennic 06/07/2017 Leave a Comment

Eko Duo Receives FDA Clearance to Market Combined Digital Stethoscope/ECG Smart Device

Eko Devices, a provider of mobile acoustic cardiac monitoring solutions has received FDA clearance to market its latest solution, Eko Duo, a smart heart monitor transforming how patients and their physicians monitor heart disease. Eko Duo combines the digital stethoscope and ECG for monitoring patients in the clinic or at home into a compact, handheld device.The DUO, which patients can obtain with a prescription, can seamlessly stream cardiac data (stethoscope + ECG) to specialists, providing
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A Step-by-Step Guide to Choosing a Medical Alert Device

by HITC Staff 06/07/2017 Leave a Comment

A Step-by-Step Guide to Choosing a Medical Alert Device

If you or someone you care about is elderly, disabled, or suffering from a chronic medical condition, you understanding living with the fear that help will be needed, but out of reach. For about 40 years or so, medical alert devices have sought to alleviate that fear, by making sure that the elderly, disabled, and chronically ill have access to help even when they can’t reach a phone. At first, these devices consisted of pendants that allowed the wearer to call an operator through a base station
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Digital Pharmacist Scores $6.5M to Help Pharmacies Engage Patients & Drive Adherence

by Fred Pennic 06/06/2017 Leave a Comment

Digital Pharmacist Scores $6.5M to Help Pharmacies Engage Patients & Drive Adherence

Digital Pharmacist Inc., an Austin-based digital health startup formed from a merger of RxWiki and TeleManager has raised $6.5 million in Series B funding led by Activate Venture Partners and  LiveOak Venture Partners. The company plans to use the recent round of funding to expand the adoption of the company's suite of digital, communication and adherence solutions.Additionally, the company plans to focus on developing new products that improve patient outcomes. Digital Pharmacist solutions
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Russian Digital Health Startup DOC+ Lands $5M for On-Demand Doctor Visits

by Jasmine Pennic 06/06/2017 Leave a Comment

Russian Digital Health Startup DOC+ Lands $5M for On-Demand Doctor Visits

DOC+, a Russian digital health startup has raised $5 million in funding from existing investors - Yandex Internet Company and Baring Vostok venture fund. The new capital will be used to develop advanced digital health services, as well as to expand the core business of on-demand visits and telemedicine consultations. The latest round makes it the largest funded digital health company in Russia.Founded in 2015, DOC+ provides on-demand doctor services in Moscow and Saint Petersburg, with another
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Mayo Clinic, 2bPrecise Partner to Develop Genomics-Based Clinical Decision Support Tools

by Fred Pennic 06/05/2017 Leave a Comment

Mayo Clinic, 2bPrecise Partner to Develop Genomics-Based Clinical Decision Support Tools

As genomics begins to play a greater role in healthcare thanks to precision medicine initiatives and the advancement of science, 2bPrecise, LLC, an EHR-agnostic, cloud-based precision medicine platform, today announced a technology license agreement with Mayo Clinic as well as a collaboration to develop and research genomics-based care protocols. As part of the licensing agreement, Mayo Clinic will use any revenue it receives to support its not-for-profit mission in patient care, education and
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Kenzen Raises $5M to Expand Real-Time Sweat Analysis Wearable That Measures Biometrics

by Jasmine Pennic 06/05/2017 Leave a Comment

Kenzen Raises $5M to Fuel Precision Health Platform Featuring Smart Wearables

Kenzen, a developer of a next-generation wearables platform that continuously monitors, predicts and prevents avoidable health conditions using non-invasive sweat analysis has raised $5 million in funding. The round’s strategic investors include Digitalis, Flex (formerly Flextronics), the San Francisco 49ers, Hickory Ventures, Gaingels, and the Women’s Capital Connection. The company plans to utilize the funding to expand further development, support and market positioning of its ECHO Smart
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Hackensack Meridian Health to Pilot IBM Watson for Oncology and Cota Tech

by HITC Staff 06/05/2017 Leave a Comment

Hackensack Meridian Health

Hackensack Meridian Health has announced a collaboration to pilot a combination of IBM Watson Health and Cota technology. This first-of-its-kind collaboration aims to empower value-based care and bundled payments.This will greatly reduce physician care variance and help ensure that patients receive the best possible treatment based on their specific cancer, down to the molecular level. Chemo vs. biomarker testing, X drug therapy vs. Y – these crossroads can now be decided earlier and with
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TeraRecon Acquires Machine Learning Algorithm Platform McCoy Medical Technologies

by Jasmine Pennic 06/02/2017 Leave a Comment

TeraRecon Acquires Machine Learning Algorithm Platform McCoy Medical Technologies

TeraRecon, a provider of advanced visualization and enterprise medical image viewing solutions has acquired McCoy Medical Technologies, a developer platform and API interface for algorithm developers, partners and end users. Financial terms of the acquisition were not disclosed.Founded in 2016, McCoy facilitates the streamlined distribution and hospital implementation of evidence-based practices and trained machine learning algorithms via a vendor neutral distribution platform. The McCoy
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