What You Should Know:
- Rock Health report reveals Q1 2022 digital health funding closed with $6.0B across 183 deals, and an average deal size of $32.8M.
- Q1 2022 digital health funding was significantly behind Q4 2021’s $7.3B and the trailing twelve month quarterly average of $7.1B.
Digital health funding reached a total of $6B in Q1 2022 across 183 deals, and an average deal size of $32.8M, according to Rock Health, a full-service venture fund
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At-Home Digital Health Innovations Transforming Diabetes Care
If you’re looking for a silver lining in the COVID-19 dark cloud still enshrouding the world, consider this: The pandemic has turbocharged widespread acceptance of at-home digital health solutions. Forced to function in a world of social distancing, healthcare providers and physicians have quickly discovered how easily telehealth visits, remote patient monitoring (RPM) and digital therapeutics can improve patient care.
Many of these digital health innovations are designed to address
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PE Firm Acquires Intelligent Medical Objects (IMO) for $1.5B+
What You Should Know:
- Thomas H. Lee Partners, a premier private equity firm investing in growth companies, announced today that it has entered into an agreement to acquire a majority interest in Intelligent Medical Objects, a healthcare data enablement company and market leader in clinical terminology solutions in a $1.5B + deal.
- Founded in 1994, IMO manages more than 5 million clinical terms and maps to all major coding systems. Its suite of software products, which is used by over
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UHG’s Optum Acquires Home Health Business LHC Group for $5.4B
What You Should Know:
- UnitedHealth Group subsidiary Optum has agreed to acquire LHC Group, a national patient-focused provider of high-quality in-home health care services for $5.4 billion ($170 per share).
- The acquisition will further strengthen their shared ability to advance value-based care, especially in the comfort of a patient’s own home.
Extend Value-Based Care into Patients’ Homes
The combination of LHC Group with Optum Health, which works
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RedDress Donates FDA-Cleared Wound Care Solution to Aid Injured Ukrainians
What You Should Know:
- RedDress, a Florida-based Israeli medical company is shipping revolutionary blood-clotting wound care systems to Ukraine to help with serious injuries and severe trauma wounds.
- RedDress began shipments of 400 of their ActiGraft systems this week to multiple hospitals in Ukraine to help treat civilian casualties as a result of the indiscriminate Russian attacks.
ActiGraft: Recreating the
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Glooko Acquires DIABNEXT to Expand Diabetes Offerings in France
What You Should Know:
Glooko, a leading provider of remote patient monitoring and data management solutions for diabetes and related chronic conditions, today announced the acquisition of DIABNEXT, a Paris-based company whose digital health platform helps people with diabetes better manage their conditions and connects to their healthcare providers, so they can improve health outcomes.
- DIABNEXT’s mobile app complements Glooko’s product portfolio and tracks diabetes data so that
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MEDITECH and Google Health Partner to Embed Search & Summarization in Expanse EHR
What You Should Know:
Today at HIMSS22, MEDITECH announced a new collaboration with Google Health that will embed Google’s search and summarization capabilities within the Expanse EHR.
- This functionality builds upon the integrated, longitudinal record inherent in Expanse by pulling forward discrete information from legacy and disparate systems and filling gaps in information for a more holistic view of a patient's record.
Rich Longitudinal Health Record to Enable Care Teams to
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Teladoc Health and Amazon Team Up to Launch Teladoc on Alexa
What You Should Know:
- Whole-person virtual care provider Teladoc Health, today announced a first of its kind experience with Amazon Alexa with the launch of voice-activated general medical virtual care on supported Echo devices.
- Customers in the U.S. will now be able to connect with a Teladoc care provider 24/7 from supported Echo devices for general medical needs.
First of its Kind Alexa Experience Provides Hands-Free Access at Home to General Medical Care
To get started,
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Why HIPAA Training Doesn’t Work. And How To Fix It
HIPAA, for better or worse, is a part of every healthcare business. It does not matter if your company is a traditional clinic or a cutting-edge AI platform powered by PHI (protected health information). There are different approaches to comply with HIPAA, and organizations as varied as clinics and AI platforms typically employ these different approaches.
HIPAA is not new. In fact, it’s older than companies like Facebook and predates the first iPhone. But, the way that we do HIPAA training
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LifeSpeak To Acquire Wellbeats for up to $92.5M
What You Should Know:
- LifeSpeak Inc. (TSX: LSPK), today announced it will acquire Wellbeats Inc., an on-demand physical well-being platform, for up to $92.5M USD. As the leader in mental health and total wellbeing for employers, this acquisition enables LifeSpeak to meet the rapidly growing demand for a comprehensive, single-vendor solution that addresses both mental and physical health support needs.
- Wellbeats, a Minnesota-based market-leading provider of an on-demand,
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