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Vivalink Launches Multi-Vital Blood Pressure Patch for Remote Patient Monitoring

by Fred Pennic 05/03/2022 Leave a Comment

Vivalink Launches Multi-Vital Blood Pressure Patch for Remote Patient Monitoring

What You Should Know: - Vivalink, a leading provider of digital healthcare solutions launches a multi-vital blood pressure patch for remote patient monitoring is now available for research and development. - The advanced multimodal continuous signal processing patch captures ECG trace, heart rate, respiratory rate, systolic and diastolic blood pressure on a single device. Cuffless Blood Pressure Monitor Cuffless blood pressure is still in its infancy, but new research is exploring
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Reify Health Secures $220M to Support Clinical Trial Diversity at $4.8B Valuation

by Fred Pennic 04/21/2022 Leave a Comment

Reify Health Secures $220M to Support Clinical Trial Diversity

What You Should Know: - Reify Health, a leading provider of solutions that empower the clinical trial ecosystem, announced a $220M Series D funding round dedicated to improving diversity in clinical research. The investment comes less than a year after its Series C and brings the company's valuation to $4.8B.  - The Series C found was co-led by Altimeter Capital and Coatue, joined by Dragoneer Investment Group and existing investors ICONIQ Growth, Adams Street, and Battery
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Healthcare’s Data Readiness Crisis: Triage vs. Transformation

by Fred Pennic 04/12/2022 Leave a Comment

Healthcare’s Data Readiness Crisis: Triage vs. Transformation

What You Should Know: - Healthcare leaders have high aspirations for digital transformation, but a lack of data readiness threatens their ability to execute, according to a new research conducted by Morning Consult and commissioned by Innovaccer. - The 35-page report, “Healthcare’s Data Readiness Crisis: Triage vs. Transformation,” reveals that the overwhelming majority of healthcare executives surveyed (95%) are focused on digital transformation, with 61% aiming to have their
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Q1 2022 Digital Health Funding Reaches $6B Across 183 Deals

by Fred Pennic 04/05/2022 Leave a Comment

Q1 2022 Digital Health Funding Reaches $6B, Rock Health Reports

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

by Mark Clements, MD, PhD, CPI, FAAP, Chief Medical Officer, Glooko, Inc. 04/04/2022 Leave a Comment

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+

by Fred Pennic 03/31/2022 Leave a Comment

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

by Healthcare M&A Activity 03/30/2022 Leave a Comment

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

by Fred Pennic 03/24/2022 Leave a Comment

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

by Healthcare M&A 03/16/2022 Leave a Comment

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

by Fred Pennic 03/15/2022 Leave a Comment

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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