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Digital Health | News, Analysis, Insights - HIT Consultant

Legion Health Raises $6.3M to Fuel AI-Powered Digital Psychiatry Practice

by Fred Pennic 10/16/2024 Leave a Comment

Legion Health Raises $6.3M to Fuel AI-Powered Digital Psychiatry Practice

What You Should Know:  - Legion Health, a Y Combinator-backed digital mental health startup, has secured $6.3M in seed funding to support its evolution from a marketplace platform to a full-fledged digital psychiatry practice.  - The Austin-based company is leveraging AI to enhance efficiency, improve patient care, and address the challenges faced by both providers and patients in mental healthcare. From Marketplace to Digital Practice Legion Health initially focused on
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Oshi Health Raises $60M to Expand Virtual Digestive Care Nationwide

by Fred Pennic 10/16/2024 Leave a Comment

Oshi Health Raises $60M to Expand Virtual Digestive Care Nationwide

What You Should Know:  - Oshi Health, a virtual gastrointestinal (GI) care provider raises $60M in a Series C funding round led by Oak HC/FT, with participation from existing investors including Bessemer Venture Partners, Flare Capital Partners, Frist Cressey Ventures, CVS Health Ventures and Takeda Digital Ventures.  - The funding will fuel Oshi Health's continued nationwide expansion and mission to transform digestive healthcare in the U.S. Oshi Health's Whole-Person
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End the ‘Sick Care’ Cycle: Revolutionizing Patient Health with Whole Person Care

by Jeffrey Gladd, MD, Chief Medical Officer, Fullscript 10/16/2024 Leave a Comment

End the 'Sick Care' Cycle: Revolutionizing Patient Health with Whole Person Care

Today’s healthcare system is broken—mostly operating as a “sick care” system that too often manages disease or symptoms without regard for the interconnectedness of the human body or the factors that serve at the root causes of disease. Care often consists of “quick fixes” and prescription-heavy treatments that don’t address these root causes. This “sick care” model prioritizes throughput and procedures over genuine health and wellness, leaving patients and providers feeling disconnected and
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Generative AI and Healthcare: Pragmatic Considerations for Proof of Concept Frameworks

by Rob Bowman Operating Partner Technology Strategy Services, Healthcare at CXO Partners 10/16/2024 Leave a Comment

Generative AI and Healthcare: Pragmatic Considerations for Proof of Concept Frameworks

In pure technology terms, there is no better example of an idealized solution in search of problems than AI in healthcare.  Does it have great promise?  Absolutely.  Will it move from pilot to production-ready to solve a broad range of critical industry and organizational level problems rapidly, even this year? Unlikely. But hype cycles usually outpace reality when it comes to usability and the early adoption of highly disruptive technologies. The promise of AI in the healthcare
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Parachute Health Launches AI Intake Solution to Revolutionize DME/HME Ordering

by Syed Hamza Sohail 10/16/2024 Leave a Comment

Parachute Health Launches AI Intake Solution to Revolutionize DME/HME Ordering

What You Should Know: -  Parachute Health, the platform empowering clinicians with simple DME/HME ordering, is announcing its powerful AI Intake solution to enhance business operations for DME/HME suppliers and to improve patient care. -  Parachute Health is including its comprehensive AI Intake solution in its platform for existing customers and new customers who sign up this year. Transforming DME Order Management with Parachute Health’s AI Intake Solution Parachute Health, an
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Introducing Spark AI: Luma Health’s Generative AI for Healthcare Automation

by Syed Hamza Sohail 10/16/2024 Leave a Comment

Introducing Spark AI: Luma Health's Generative AI for Healthcare Automation

What You Should Know: - Today, Luma Health announces the release of its new AI, named Spark, and the first two new AI-powered products in its industry-leading Patient Success Platform™. - Spark uses multi-model generative AI to address some of the most common operational challenges for health systems, including high call volume and manual fax processing, which create delays in care and require up-staffing expensive call centers. The new technology represents an innovative use of AI applied
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MDisrupt Secures $1M from American Heart Association Ventures to Expand AI-Powered Expert Marketplace

by Fred Pennic 10/16/2024 Leave a Comment

MDisrupt Secures $1M from American Heart Association Ventures to Expand AI-Powered Expert Marketplace

What You Should Know:  - MDisrupt, a leading expert marketplace for the health tech and life sciences industries, has announced a significant milestone with a $1M investment from American Heart Association Ventures.  - The strategic partnership will support the expansion of MDisrupt's AI-powered platform, connecting healthcare companies with vetted experts to accelerate innovation and improve patient outcomes. Addressing the Need for Specialized Expertise The healthcare
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Alchemy Secures $31M to Expand In-House Pharmacy Programs for Underserved HIV Communities

by Fred Pennic 10/15/2024 Leave a Comment

Alchemy Secures $31M to Expand In-House Pharmacy Programs for Underserved HIV Communities

What You Should Know:  - Alchemy, a healthcare company focused on improving access to medications for underserved populations secures $31M in seed funding.  - The investment was led by Andreessen Horowitz (a16z) Bio + Health, with participation from Earvin "Magic" Johnson, Sandberg Bernthal Venture Partners, Banc of California, and other investors.   Expanding Access to Care for HIV Communities Alchemy provides the infrastructure and technology needed to build and
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Emteq Labs Unveils World’s First Emotion-Sensing Eyewear for Health and Beyond

by Fred Pennic 10/15/2024 Leave a Comment

Emteq Labs Unveils World's First Emotion-Sensing Eyewear for Health and Beyond

What You Should Know:  - Emteq Labs, a pioneer in emotion-recognition wearable technology, has announced the upcoming launch of Sense, groundbreaking eyewear that can detect and analyze emotions in real-time. - The company also announced the appointment of Steen Strand, former head of Snap Inc.'s hardware division, as CEO. Sense: A New Era of Emotion-Aware Technology Sense is the culmination of a decade of research and development by Emteq Labs, led by renowned surgeon and
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Parakeet Health Launches With $3M for GenAI Voice Platform to Enhance Patient Engagement

by Fred Pennic 10/15/2024 Leave a Comment

Parakeet Health Launches With $3M for GenAI Voice Platform to Enhance Patient Engagement

What You Should Know:  - Parakeet Health, a generative AI company focused on revolutionizing patient engagement, has announced the launch of its AI-powered voice platform and has secured $3M in seed funding to fuel its growth and development.  - This innovative solution aims to streamline patient communication for healthcare providers, improving efficiency, reducing costs, and enhancing the patient experience.  Addressing a Critical Need With 90% of patients still
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