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Digital Health | News, Analysis, Insights - HIT Consultant

Olio Secures $11M to Scale Care Coordination Platform

by Fred Pennic 05/13/2025 Leave a Comment

Olio Secures $11M to Scale Care Coordination Platform

What You Should Know:  - Olio, a software platform dedicated to streamlining care coordination raises $11M in Series B funding round led by Fulcrum Equity Partners, with significant participation from Mutual Capital Partners (MCP), a growth equity firm specializing in scaling innovative healthcare and B2B software companies. - This new capital infusion is earmarked to expand Olio's product offerings and accelerate its go-to-market initiatives, thereby deepening its impact on
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Bioliberty Launches Lifehub Clinic with Soft-Robotic Lifeglov for Neurological Therapy

by Fred Pennic 05/13/2025 Leave a Comment

Bioliberty Launches Lifehub Clinic with Soft-Robotic Lifeglov

What You Should Know:  - Bioliberty, a medtech startup focused on revolutionizing the delivery of physical and occupational therapy, today announced the official launch of its first product, Lifehub Clinic.  - Lifehub Clinic is presented as an affordable and portable modular solution designed to assist therapists in delivering high-intensity, engaging therapy within clinical settings. Soft-Robotic Wearables This new system will serve as a central hub for Bioliberty's
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UPMC Enterprises, Redesign Health Launch Glimmer Health to Transform Chronic Pain Management in Primary Care

by Fred Pennic 05/12/2025 Leave a Comment

UPMC Enterprises, Redesign Health Launch Glimmer Health to Transform Chronic Pain Management in Primary Care

What You Should Know:  - Glimmer Health, a new company designed to empower primary care physicians with effective and comprehensive chronic pain management solutions, was officially unveiled today by UPMC Enterprises and Redesign Health. This marks the second innovative healthcare company funded and launched through the partnership between the venture capital arm of UPMC and the New York-based company creator. - Glimmer Health aims to address the significant burden of chronic pain,
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Veradigm Launches AI-Driven GLP-1 Dataset from EHR Data

by Jasmine Pennic 05/12/2025 Leave a Comment

Veradigm Invests $30M in Behavioral Health Co. Holmusk

What You Should Know:  - Veradigm, a provider of healthcare data and technology solutions, today announced a significant advancement in the application of artificial intelligence (AI) to scale the generation of real-world evidence (RWE) for the increasingly prevalent GLP-1 receptor agonists (GLP-1 RAs), including widely used medications like semaglutide and tirzepatide. By deploying AI algorithms on deidentified electronic health record (EHR) data within the extensive Veradigm
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Mentaily Secures $3M for AI-Powered Mental Health Assessment Tool, LIV

by Fred Pennic 05/12/2025 Leave a Comment

Mentaily Secures $3M for AI-Powered Mental Health Assessment Tool, LIV

What You Should Know:  - Mentaily, a company developing AI-powered tools for mental health assessment, triage, and the diagnosis of mental disorders secures $3M seed funding round led by a US-based family office and Israeli family offices, with significant participation from impact funds The Rashi Foundation and Sheatufim, alongside prominent digital health angel investors. - Founded in 2024, Mentaily is focused on addressing complex mental health needs, particularly those emerging in
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Omada Health Files for IPO

by Digital Health IPO 05/12/2025 Leave a Comment

Omada Health Files for IPO

What You Should Know:  - Virtual care company Omada Health filed for an initial public offering (IPO) on Friday, according to the SEC filing.  - Founded in 2012, Omada specializes in virtual care programs designed to support patients managing chronic conditions such as prediabetes, diabetes, and hypertension. - The company describes its unique approach as a “between-visit care model,” aiming to complement the broader healthcare ecosystem by providing ongoing support to
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Aranscia Acquires Spesana to Advance Precision Oncology

by Fred Pennic 05/12/2025 Leave a Comment

Aranscia Acquires Spesana to Advance Precision Oncology

What You Should Know:  - Aranscia, a global provider of award-winning clinical workflow and diagnostic technology solutions announced its strategic acquisition of Spesana and its best-in-class suite of patient navigation, clinical collaboration, and oncology clinical decision support utilities.  - As part of the acquisition, Spesana’s Founder and CEO, Carla Balch, a renowned pioneer in healthcare and oncology information systems, will assume the role of Executive Director across
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Cornerstone AI & Loopback Analytics to Optimize LOINC Codes in Lab Data

by Syed Hamza Sohail 05/12/2025 Leave a Comment

Cornerstone AI & Loopback Analytics to Optimize LOINC Codes in Lab Data

What You Should Know: -  Cornerstone AI, a pioneer in advanced data quality solutions, today announced a partnership with Loopback Analytics, a leading provider of data-enabled services and solutions for health system specialty pharmacies and life sciences companies. - Announced ahead of the ISPOR 2025 conference, the collaboration will optimize the assignment of Logical Observation Identifiers Names and Codes (LOINC) across laboratory test results in Loopback Analytics’ EHR-based real
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AI Study Challenges Fears of Racial Bias in Prostate Cancer Care

by Fred Pennic 05/09/2025 Leave a Comment

AI Study Challenges Fears of Racial Bias in Prostate Cancer Care

What You Should Know:  - Artera, a company developing multimodal artificial intelligence (MMAI)-based prognostic and predictive cancer tests, today announced the publication of a significant validation study in the JCO Clinical Cancer Informatics.  - The study rigorously assessed Artera's MMAI model and confirmed its ability to perform similarly across different racial subgroups using data from diverse prostate cancer clinical trials. Addressing the Challenge of AI Racial Bias
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FDA Approves Teal Wand™: The First At-Home Self-Collection Device for Cervical Cancer Screening in the U.S.

by Jasmine Pennic 05/09/2025 Leave a Comment

FDA Approves Teal Wand™: The First At-Home Self-Collection Device for Cervical Cancer Screening in the U.S.

What You Should Know:  - Teal Health®, a women's health company dedicated to eliminating cervical cancer, today announced a landmark achievement: the U.S. Food and Drug Administration (FDA) has approved the Teal Wand™, marking it as the first and only at-home self-collection device for cervical cancer screening in the United States.  - The FDA  approval paves the way for women to have a new, convenient, and effective option for what is commonly known as the Pap smear,
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