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Digital Health | News, Analysis, Insights - HIT Consultant

Digital Health Funding Decline in 2024: Rise of the Mega Funds

by Fred Pennic 01/14/2025 Leave a Comment

Digital Health Funding in 2024: A Year of Contrasts and Concentration

What You Should Know:  The digital health landscape in 2024 was marked by a surge in early-stage investments alongside significant moves by established healthcare giants, according to Rock Health's annual end of the year funding report.  - The Rock Health report states the "David and Goliath" phenomenon has created a complex ecosystem where both small startups and large players are vying for a share of the innovation pie. A Year of Contrasts While venture funding in U.S.
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AI-Powered Imaging: Sutter Health and GE HealthCare Form Care Alliance

by Fred Pennic 01/14/2025 Leave a Comment

AI-Powered Imaging: Sutter Health and GE HealthCare Form Care Alliance

What You Should Know:  - Sutter Health and GE HealthCare announced a seven-year strategic partnership, called a Care Alliance, to enhance access to innovative imaging services and create a more seamless and coordinated experience for clinicians and patients across the Sutter Health system.  - The collaboration, one of GE HealthCare's largest enterprise strategic partnerships, will bring advanced imaging technology and digital solutions to communities throughout
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Teladoc Health Joins Amazon’s Health Benefits Connector for Cardiometabolic Programs

by Fred Pennic 01/14/2025 Leave a Comment

Teladoc Health Launches Chronic Condition Management Solution

What You Should Know:  - Teladoc Health (NYSE: TDOC), a global leader in virtual care, announced a new collaboration with Amazon to improve access to its chronic condition management programs.  - The strategic partnership will allow eligible Amazon customers to seamlessly discover and enroll in Teladoc Health's programs for diabetes, hypertension, prediabetes, and weight management through Amazon's Health Benefits Connector. Addressing the Chronic Disease Burden More than
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Solera Health Secures $40M to Expand Access to Digital Healthcare

by Syed Hamza Sohail 01/14/2025 Leave a Comment

Solera Health Secures $40M to Expand Access to Digital Healthcare

What You Should Know: -  Solera Health, the premier technology platform for connecting people seamlessly and easily to health solutions that work, today announced $40 million in new funding. -  The insider round is co-led by Health Care Service Corporation and includes Adams Street, Cobalt Ventures, and Horizon Mutual Holdings, Inc.  Solera: Driving Innovation in Value-Based Digital Healthcare Solera is revolutionizing healthcare delivery through its HALO™ platform, a value-based,
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Helix, Komodo Health Partner to Enhance Clinico-Genomic Datasets for Research

by Syed Hamza Sohail 01/14/2025 Leave a Comment

Helix, Komodo Health Partner to Enhance Clinico-Genomic Datasets for Research

What You Should Know: - Helix, a leader in population genomics and precision health, and Komodo Health, a leader in healthcare technology and data-driven insights, are partnering to further enrich Helix's clinico-genomic datasets within the Helix Research Network (HRN) for research and life science partners. - The partnership will add insights derived from medical, pharmacy and mortality data from Komodo's Healthcare Map®, the industry's most robust and precise view of longitudinal
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Arcadia Launches AI-Powered Precision Medicine Solution

by Fred Pennic 01/14/2025 Leave a Comment

**Arcadia: Transforming Healthcare with Data-Driven Solutions** Arcadia empowers payers and providers to harness the full potential of their data, driving transformation in healthcare. Through an interoperable data platform, Arcadia uses advanced analytics to shape strategies, inform decisions, and facilitate actions that improve patient outcomes, operational efficiencies, and financial performance. Trusted by leading healthcare institutions such as Southwestern Health Resources, Tandigm, Castell, Rush Health, and Beth Israel Lahey Health, Arcadia is at the forefront of healthcare innovation. **Newly Launched Solutions** Arcadia has introduced several cutting-edge solutions to support healthcare organizations in improving their performance: - **Enhanced Benchmarks**: This solution helps organizations analyze market-based cost, utilization, risk, and quality benchmarks alongside their own performance, uncovering opportunities for improvement. By integrating CareJourney’s market intelligence—comprising 100% of Medicare fee-for-service claims and Medicare Advantage encounters—with Arcadia’s de-identified benchmarks, it provides fresh, transparent insights at the provider, practice, facility, and network level. - **Arcadia Vista Push**: An analytics activation layer that simplifies the delivery of custom insights to providers at scale via email. This solution automates enterprise-wide performance reporting, driving awareness and engagement with performance improvement strategies. It also streamlines provider group reporting for payers, supporting better decision-making. **Future Innovations** Arcadia continues to invest in innovative solutions that will launch in the coming quarter: - **Arcadia Network Modeler**: Powered by a comprehensive database of over 745,000 providers nationwide, this tool allows healthcare organizations to design, build, and evaluate networks. It provides valuable insights to help expand into new geographies, manage existing networks more effectively, and ensure health equity, quality care, and an improved member experience. The solution integrates with Arcadia’s workflow tools to automate referral management and reduce administrative tasks. - **Arcadia Contract IQ**: This tool simplifies the design, negotiation, and forecasting of value-based care contracts. Featuring a form-based interface, it fosters collaboration across stakeholders, reducing data sprawl and simplifying contract complexities. It also enables "what-if" analyses for contract terms and acts as a decision support tool to determine the optimal contract type for specific populations. Additionally, users gain access to Arcadia’s actuarial partners for further insights. Arcadia’s continuous investment in advanced analytics and data-driven solutions is shaping the future of healthcare, enabling organizations to make informed, impactful decisions that improve care and efficiency.

What You Should Know:  - Arcadia, a healthcare data platform, announced a new AI-driven precision medicine solution designed to identify patients with undiagnosed or misdiagnosed conditions who are at risk of poor health outcomes.  - The new AI-enabled solution empowers healthcare providers to connect these patients with appropriate treatments, ultimately improving their health and reducing the total cost of care. AI-Driven Insights for Precision Medicine Arcadia launched
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WindRose Invests in CIVIE, an AI-Powered Radiology Solutions Provider

by Fred Pennic 01/14/2025 Leave a Comment

WindRose Invests in CIVIE, an AI-Powered Radiology Solutions Provider

What You Should Know:  - WindRose Health Investors, a New York-based healthcare private equity firm, announced a strategic investment in CIVIE, an AI-powered ecosystem of radiology solutions.  - The investment will fuel CIVIE's growth and development of its innovative technology platform, designed to optimize revenue, enhance productivity, and improve patient outcomes for radiology practices and hospital systems. A Collaborative Partnership WindRose partnered with the
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Medtronic Receives CE Mark for BrainSense™ Adaptive Deep Brain Stimulation, Optimizing Parkinson’s Disease Treatment in Europe

by Jasmine Pennic 01/14/2025 Leave a Comment

Medtronic Receives CE Mark for BrainSense™ Adaptive Deep Brain Stimulation, Optimizing Parkinson's Disease Treatment in Europe

What You Should Know:  - Medtronic (NYSE:MDT), a global leader in healthcare technology, announced it has received CE Mark approval for its groundbreaking BrainSense™ Adaptive deep brain stimulation (aDBS) technology in the European Union and the United Kingdom.  - The CE approval marks a significant advancement in personalized Parkinson's disease treatment, offering patients in Europe access to a more responsive and tailored therapy. BrainSense™ aDBS: A New Era of
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Broad Institute & Manifold Partner to Develop AI Research Platform

by Jasmine Pennic 01/13/2025 Leave a Comment

Broad Institute & Manifold Partner to Develop AI Research Platform

What You Should Know:  - The Broad Institute of MIT and Harvard is collaborating with Manifold, a leader in AI-powered research infrastructure, to develop a next-generation platform for biomedical research.  - The strategic partnership aims to enhance data analysis, secure sharing, and global collaboration, empowering scientists worldwide to accelerate discovery. Manifold: Accelerating Biomedical Research with AI Founded in 2016, Manifold's AI-powered platform streamlines
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Mayo Clinic Launches Digital Pathology Platform

by Fred Pennic 01/13/2025 Leave a Comment

Mayo Clinic Launches Digital Pathology Platform

What You Should Know:  - Mayo Clinic launches Mayo Clinic Digital Pathology, a platform designed to leverage the power of its vast digital slide archive to transform pathology and accelerate medical advancements.  - The initiative, powered by a collaboration with NVIDIA and Aignostics, aims to unlock the potential of digital pathology and drive innovation in diagnostics and treatment. Addressing the Challenges of Analog Pathology Traditional pathology practices often rely on
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