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Digital Health | News, Analysis, Insights - HIT Consultant

Digital Health at a Crossroads: Navigating Challenges and Opportunities in 2025

by Fred Pennic 12/16/2024 Leave a Comment

Digital Health at a Crossroads: Navigating Challenges and Opportunities in 2025

What You Should Know:  - The digital health industry is at a critical juncture, facing both challenges and opportunities as it navigates a shifting financial landscape and prepares for growth in 2025.  - A new report, “Digital Health Go-to-Market Report” from Summit Health Advisors, based on a survey of 103 senior leaders in the digital health sector, provides valuable insights into the current state and future outlook of the industry. Digital Health Investment Landscape The
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Hawaii Partners With Bamboo Health to Improve Prescription Drug Monitoring Program

by Jasmine Pennic 12/13/2024 Leave a Comment

Hawaii Partners With Bamboo Health to Improve Prescription Drug Monitoring Program

What You Should Know:  - The State of Hawaii has partnered with Bamboo Health, a provider of real-time care intelligence solutions, to enhance the state's efforts in combating opioid overdoses.  - The integration will provide healthcare providers and pharmacists across Hawaii with seamless access to Prescription Drug Monitoring Program (PDMP) data, enabling more informed prescribing decisions and reducing the risk of opioid misuse. Integrating PDMP Data into Clinical
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SpinSci Secures $53M for AI-Enhanced Patient Engagement

by Fred Pennic 12/13/2024 Leave a Comment

SpinSci Secures $53M for AI-Enhanced Patient Engagement

What You Should Know:  - SpinSci, a healthcare technology company specializing in AI-powered patient engagement solutions secures $53M majority investment from Aldrich Capital Partners.  - The company plans to use the funding to accelerate SpinSci's growth and innovation in delivering seamless digital experiences for healthcare providers and patients. Comprehensive Patient Journey Support SpinSci has disrupted the healthcare industry by delivering AI-driven solutions that
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FCC Launches New Maternal Health Mapping Platform

by Jasmine Pennic 12/13/2024 Leave a Comment

What You Should Know:  - The Federal Communications Commission (FCC) has announced a major update to its Mapping Broadband Health in America platform, expanding its capabilities to analyze the intersection of broadband connectivity and critical health outcomes, with a particular focus on maternal health.  - The Mapping Broadband Health in America platform tool provides researchers, policymakers, and the public with valuable insights into the challenges facing communities with
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1m Secures $10M to Transform Risk Management in Healthcare

by Fred Pennic 12/13/2024 Leave a Comment

1m Secures $10M to Transform Risk Management in Healthcare

What You Should Know:  - 1m, a data and analytics technology company focused on healthcare risk management, has announced a $10 million Series A financing round led by Banner Health, with participation from prominent healthcare organizations like Cleveland Clinic and Stanford Health Care.  - This investment will accelerate 1m's mission to empower healthcare systems with advanced risk management solutions. Addressing the Complexities of Healthcare Risk Healthcare providers
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CoachCare Raises $11M for Virtual Care Management

by Fred Pennic 12/13/2024 Leave a Comment

CoachCare Secures $48M to Expand Remote Patient Monitoring Platform

- CoachCare, a provider of remote patient monitoring (RPM) and virtual care management solutions secures $11M investment from Catalyst Investors, a growth equity firm specializing in technology-enabled services. This latest funding follows a successful year of growth for CoachCare, bringing its total capital raised in 2024 to over $110M.  - In connection with the Catalyst Investors transaction, Kapil Desai has joined CoachCare's Board of Directors. Additionally, Elias Davis, who recently
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Redesign Health Secures $175M to Launch and Scale Healthcare Companies

by Fred Pennic 12/12/2024 Leave a Comment

Redesign Health Secures $175M to Launch and Scale Healthcare Companies

What You Should Know:  - Redesign Health, a venture builder in the healthcare space, has announced a $175M investment for a new fund dedicated to launching and scaling transformative healthcare companies.  - The significant investment, with participation from prominent investors like Declaration Partners and Euclidean Capital, will further solidify Redesign Health's position as a driving force in healthcare innovation. - The new funding will enable Redesign Health to support
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Pleno Closes $25M Series B & Appoints Dr. Vik Vaz as CEO

by Healthcare Executive Hires 12/12/2024 Leave a Comment

Pleno Closes $25M Series B & Appoints Dr. Vik Vaz as CEO

What You Should Know:  - Pleno, an innovative multi-omics diagnostics company, announced it has raised $25M in Series B funding and appointed Dr. Vik Vaz as its new Chief Executive Officer (CEO).  Key investors Deerfield Management, Foresite Capital and Medical Excellence Capital remain committed to supporting the next phase of the company’s growth strategy. - Dr. Vaz, a seasoned leader with extensive experience in the life sciences and medical technology sectors, will guide
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Tuva Health Raises $5M for Open-Source Healthcare Data Platform

by Syed Hamza Sohail 12/12/2024 Leave a Comment

Tuva Health Raises $5M for Open-Source Healthcare Data Platform

What You Should Know: -  Tuva Health, the world's first open-source healthcare data transformation platform, launched out of stealth today with $5M in seed funding. The company offers payers, providers, and pharmaceutical companies the ability to transform claims and EHR datasets into analytics-ready data tables via an open-source data model with built-in normalization, data quality testing, and enrichment. -  Tuva Health’s mission is to advance high-quality healthcare analytics by making
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Atropos Health Launches AI Model Training on its Federated Healthcare Data Network

by Syed Hamza Sohail 12/12/2024 Leave a Comment

Atropos Health Launches AI Model Training on its Federated Healthcare Data Network

What You Should Know: -       Atropos Health, a leader in translating clinical data into high-quality, personalized, real-world evidence (RWE) for care, today announced the availability of AI model training on the Atropos Evidence Network, the largest federated healthcare data network with more than 300 million patient records. -       Atropos Evidence Network members can utilize certain de-identified real-world data (RWD) to
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