What You Should Know
Onos Health, a behavioral health clinical intelligence platform engineered for health plans and payers, secured a $17 million Series A financing round led by Costanoa.The syndicate features strategic investment from CVS Health Ventures alongside continued participation from Flare Capital Partners.Directly targets structural blind spots in behavioral healthcare—a category affecting over 23% of U.S. adults annually and generating more than $140 billion in direct medical
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Digital Health | News, Analysis, Insights - HIT Consultant
Abbott Receives FDA Authorization for Libre Duo 10 Day, World’s First Dual Glucose-Ketone Sensing System
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The U.S. Food and Drug Administration (FDA) has granted De Novo marketing authorization to Abbott for its Libre Duo 10 Day system, establishing the new integrated continuous glucose and ketone monitoring (iCGK) regulatory benchmark alongside standard iCGM status.Libre Duo monitors glucose and continuously tracks rising ketones in the background to prevent diabetic ketoacidosis (DKA), a critical emergency for which U.S. hospital admissions have increased by 55% over the
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ECRI Calls on Health Systems to Report Clinical AI Errors and Malfunctions
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Global patient safety nonprofit ECRI expanded its Problem Reporting Network to explicitly capture, investigate, and triage errors, malfunctions, and near misses involving artificial intelligence (AI) tools and AI-enabled medical devices used in patient care.Addresses a critical clinical oversight deficit: while AI is deployed across diagnostic imaging, clinical decision support, and ambient scribes, the industry lacks a centralized, healthcare-specific mechanism to track
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Therapeutic VR Is Reaching Clinical Care. It Needs a Safety Ledger
As of 2026, Medical Extended Reality (MXR) has transitioned from experimental pilot phases to an integrated component of the regulated medical device landscape. It is already part of the regulated medical device landscape in the United States, and the FDA now maintains a public list of AR and VR devices authorized for marketing. Some of those products are procedural or surgical, but others are clearly therapeutic, which means immersive care has moved beyond theory and into real clinical
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Fitbit Founders Unveil Luffu Link, Wearable for Family Health, Safety and Connection
What You Should Know
Fitbit co-founders James Park and Eric Friedman have officially unveiled Luffu Link, a screenless, jewelry-inspired LTE health and safety wearable designed specifically for family caregiving and aging in place.Luffu Link marks the first hardware device in a broader ecosystem spanning the Luffu smartphone app (introduced in February 2026 and currently in public beta), the wristband, and an upcoming dedicated in-home display device slated for later this year.Addresses the
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OmicsBank Secures $2.25M from Redesign Health to Scale Global Multi-Omics Data Infrastructure
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OmicsBank, a clinical data infrastructure company connecting fragmented hospital archives for biopharma and frontier AI developers, raised $2.25M in seed funding from global venture capital and applied technology firm Redesign Health.Founded in 2025 by serial entrepreneurs Sumit Sinha (CEO) and Vijay Goel, the company has deployed its infrastructure inside 90+ hospitals and diagnostic laboratories across South Asia, Southeast Asia, and the Middle East.The data network
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M&A: Switchboard Health Acquires Livara Health and Secures $5M to Power In-EHR Virtual MSK Delivery
What You Should Know
Switchboard Health, a digital health platform connecting patients with high-value specialty care, has acquired Livara Health (formerly SpineZone), a virtual-first orthopedics and musculoskeletal (MSK) management company.In conjunction with the acquisition, Switchboard Health closed an oversubscribed $5M+ equity funding round backed by First Trust Capital Partners, LLC, Route 66 Ventures, A1 Health Ventures, Allumia Ventures, and Martin Ventures.The transaction marks
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Radiology Partners to Acquire Everlight Radiology, Creating a Global Leader in Teleradiology
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Radiology Partners, Inc. (RP) has signed a definitive agreement to acquire Everlight Radiology, a major international teleradiology provider serving hospitals and imaging centers across the United Kingdom, Ireland, Australia, New Zealand, and South Africa.The transaction unifies Everlight’s global network with RP Clinical Services’ vRad (Virtual Radiologic) division—the largest teleradiology practice in the United States—forming an international clinical teleradiology
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FGV Capital Closes $35M Fund II and Rebrands to Scale Platform-First Venture Model
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FGV Capital (the venture arm of FGV, formerly known as Fiat Ventures) announced the final close of its $35M Fund II (inclusive of co-investment vehicles), oversubscribed from its initial $25M target.Fund II brings the firm’s total assets under management (AUM) to more than $60 million across its early-stage investment platform.Co-founded and led by Marcos Fernandez, Drew Glover, Alex Harris, and Rohit Ramkumar, the firm focuses on early-stage seed and pre-seed rounds at
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Memorial Hermann Makes Strategic Investment in PartsSource to Optimize Medical Equipment Lifecycles
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PartsSource, a clinical technology performance and asset management platform, announced a strategic investment from Memorial Hermann Health System, one of the largest non-profit health systems in Southeast Texas.PartsSource provides an enterprise operating system for Healthcare Technology Management (HTM) that unifies medical equipment parts procurement, maintenance service, contract management, asset intelligence, and clinical engineering workforce capacity.The platform
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