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Digital Health | News, Analysis, Insights - HIT Consultant

Deciphex Secures $32.3M for AI-Powered Digital Pathology

by Syed Hamza Sohail 01/10/2025 Leave a Comment

Deciphex Secures $32.3M for AI-Powered Digital Pathology

What You Should Know: -       Deciphex, a leader in AI-powered digital pathology, has closed its Series C financing, raising $32.3 million to address the acute global pathology crisis. Led by Molten Ventures with significant participation from ACT Venture Capital, Seroba, Charles River Laboratories (NYSE: CRL), IRRUS Investments, HBAN Medtech Syndicate and Nextsteps Capital, the funding will advance Deciphex's mission to democratize access to high-quality
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Hartford HealthCare Deploys Aidoc’s AI-Enabled Solutions Across Enterprise

by Syed Hamza Sohail 01/10/2025 Leave a Comment

Hartford HealthCare Deploys Aidoc’s AI-Enabled Solutions Across Enterprise

What You Should Know: - Hartford HealthCare and Aidoc today announced the launch of a new partnership to innovate and integrate tailored clinical artificial intelligence solutions that aim to enhance the speed to diagnosis, reduce care delays and connect the right care team to the right patient at the right time by increasing collaboration across radiology, cardiology, vascular, neurology and emergency departments. - Hartford HealthCare has implemented Aidoc and its aiOS™ platform,
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Innovaccer Secures $275M to Accelerate AI Innovation in Healthcare

by Fred Pennic 01/09/2025 Leave a Comment

Innovaccer Secures $275M to Accelerate AI Innovation in Healthcare

What You Should Know:  - Innovaccer Inc., a healthcare AI company, announced today a $275M Series F funding round. - The latest investment, combined with primary and secondary funding, includes participation from prominent investors such as B Capital Group, Banner Health, Danaher Ventures LLC, Generation Investment Management, Kaiser Permanente, and M12. Focus on AI-Powered Solutions Innovaccer plans to introduce multiple AI copilots and agents to its comprehensive suite of
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Amwell Divests Psychiatric Care Business to Avel eCare for $21M

by Fred Pennic 01/09/2025 Leave a Comment

Amwell Divests Psychiatric Care Business to Avel eCare for $21M

What You Should Know:  - Amwell (NYSE: AMWL), a leading global provider of digital care solutions, announced today the sale of its Amwell Psychiatric Care (APC) business to Avel eCare, a prominent provider of clinician-to-clinician telehealth services.  - The strategic divestiture allows Amwell to further sharpen its focus on key growth areas, drive greater efficiencies, and better align with evolving client needs in the digital health market. Strategic Divestiture and
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What’s Next for Women’s Health in 2025? 5 Trends That Are Driving The Sector

by Sylvia Kang, Founder at Mira 01/09/2025 Leave a Comment

Women’s health is finally getting the treatment it deserves. Historically overlooked, downplayed, and neglected, investors have spotted the largely untapped opportunity the sector presents. Venture capital investment in the women’s health sector has surged by 314% over the past five years, and despite the recent slowdown in startup funding, mid-year data shows the sector is on track for another record-breaking year. While women spend 25% more time in poor health compared to men, the prognosis
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Eko Health Appoints Justin Spencer as Chief Financial Officer

by Healthcare Executive Hires 01/09/2025 Leave a Comment

Eko Health Appoints Justin Spencer as Chief Financial Officer

What You Should Know:  - Eko Health, a pioneer in AI-powered heart and lung disease detection, announced today the appointment of Justin Spencer as Chief Financial Officer (CFO).  - Spencer brings a wealth of experience in scaling technology companies and driving financial success, making him a valuable addition to Eko's executive leadership team. Spencer Bio/Background Spencer's impressive track record includes serving as CFO at Vocera Communications, Symmetricom, and
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Qure.ai Appoints Jim Mercadante as Chief Commercial Officer

by Healthcare Executive Hires 01/09/2025 Leave a Comment

What You Should Know: - Qure.ai, a global provider of AI-powered healthcare solutions, announced the appointment of Jim Mercadante as its new Chief Commercial Officer. - Based in New York, Mercadante will lead the company's global sales and business development strategy, driving further expansion and market penetration. Mercadante Bio/Background Jim Mercadante brings extensive experience in commercial leadership, sales, business growth, and strategic marketing within the healthcare industry. He has held leadership positions at prominent companies such as Abbott, Johnson & Johnson, GE, Terumo, and most recently, Rapid AI. With a strong presence in over 90 countries, Qure.ai has experienced significant growth in Asia, Africa, the Middle East, and Europe. The company's AI-powered solutions are now gaining traction in North and South America, creating the need for expanded commercial leadership. With Mercadante's leadership and the support of its recent funding, Qure.ai is well-positioned to continue its rapid growth and solidify its position as a global leader in AI-driven healthcare solutions. "Qure.ai stands out for its exceptional people, cutting-edge technology, and clear vision for the future of healthcare. I’m excited to contribute to the company’s growth as we continue to expand globally and develop AI solutions that address critical healthcare challenges," said Jim Mercadante, Chief Commercial Officer of Qure.ai.

What You Should Know:  - Qure.ai, a global provider of AI-powered healthcare solutions, announced the appointment of Jim Mercadante as its new Chief Commercial Officer.  - Based in New York, Mercadante will lead the company's global sales and business development strategy, driving further expansion and market penetration. Mercadante Bio/Background Jim Mercadante brings extensive experience in commercial leadership, sales, business growth, and strategic marketing within the
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AI in Healthcare: Enhancing the Patient Experience with Compassionate, Secure Virtual Agents

by Frank Fawzi, IntelePeer CEO 01/09/2025 Leave a Comment

AI in Healthcare: Enhancing the Patient Experience with Compassionate, Secure Virtual Agents

In today’s digital-first world, AI-powered automation is redefining how we approach both customer and healthcare patient experiences. While AI has already made its mark across industries, its application in healthcare introduces a unique opportunity to enhance patient experience (PX) at a time when the industry is grappling with unprecedented challenges, including staffing shortages and increased demand. Virtual AI agents, equipped with advanced conversational abilities, can now assist patients
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FIRE1 Secures $120M for Heart Failure Management Platform

by Fred Pennic 01/08/2025 Leave a Comment

FIRE1 Secures $120M for Heart Failure Management Platform

What You Should Know:  - FIRE1, a connected medical device company, announced it has secured $120M in funding to advance its mission to transform the lives of millions of people living with heart failure. The round was led by Polaris Partners and Elevage Medical Technologies, joined by new investors Sands Capital and Longitude Capital, and existing investors Andera Partners, Gilde Healthcare, Gimv, the Ireland Strategic Investment Fund, Lightstone Ventures, Medtronic, NEA (New Enterprise
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Transcarent to Acquire Accolade in $621M Deal, Creating a Unified Platform for Personalized Healthcare

by Fred Pennic 01/08/2025 Leave a Comment

Transcarent to Acquire Accolade in $621 Million Deal, Creating a Unified Platform for Personalized Healthcare

What You Should Know:  - Transcarent, a health and care platform, announced today that it will acquire Accolade (NASDAQ: ACCD), a leader in health advocacy and primary care, for $7.03 per share in cash, representing a total equity value of approximately $621M.  The merger consideration represents a significant premium over Accolade's recent stock price, reflecting the strategic value of this transaction. Transcarent will finance the acquisition through equity financing led by
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