New research released today by healthcare innovation consultancy Enspektos, LLC reveals that digital therapeutics, defined as innovations such as prescription medications with embedded sensors and mobile applications that may one day replace drugs, are rapidly growing in scope and importance globally.The research also highlights deep patient concerns about whether digital therapeutics will expose them to unwanted surveillance or that data collected by these applications could be sold or used
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Doctor On Demand Nabs $74M to Expand Virtual Care Platform
San Francisco, CA-based Doctor On Demand has raised 74 million in Series C funding led by Princeville Global and Goldman Sachs Investment Partners with participation from existing investors including Venrock, Shasta Ventures, and Tenaya Capital. his funding will support the continued rapid expansion of Doctor On Demand’s telehealth platform and further its commitment to delivering access to quality care at scale.This Series C funding is rounded out by new investors Blue Cloud Ventures and
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Teladoc Launches Behavioral Health Navigator in U.S.
Virtual care provider Teladoc, today announced the launch of Behavioral Health Navigator, bringing innovation to virtual care delivery and the diagnosis and treatment of behavioral health conditions. Behavioral Health Navigator is an integrated care service that provides specialized “navigation,” support and coordination, combined with virtual access to expert providers for those facing mental health conditions.More than 42 million Americans live with anxiety disorders, and more than 16 million
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Aspire, LG Health Launches $300M Precision Medicine Fund for Personalized Devices
Aspire Universal, a private equity firm and venture company today announced the establishment of the $300M Aspire Ventures Precision Medicine Fund (AVP) to accelerate innovation for personalized devices and medical practices. Precision medicine is one of the most important transformations ever to come to medicine, and by shifting away from one-size-fits-all solutions, precision medicine offers personalized solutions that deliver better experiences and better outcomes at a lower cost. The AVP
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Kyruus Raises $10M to Optimize Patient-Provider Matching Platform
Kyruus, a Boston, MA-based suite of patient-provider matching solutions for health systems has raised $10 million in strategic funding from Venrock, Highland Capital, New Leaf Venture Partners, Leerink Transformation Partners, F-Prime Capital Partners, Fidelity Biosciences, McKesson Ventures, Lux Capital, and Providence Ventures. Kyruus plans to use the investment to further meet the healthcare industry’s increasing demand for technology that facilitates better patient-provider
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Novo Nordisk, Sempre Health Launch Pilot to Improve Medication Costs for Diabetic Patients
Sempre Health, a solution for behavior-based healthcare pricing has announced a pilot program with Novo Nordisk to add diabetes medications to the Sempre Health’s affordability & engagement solution. Unlike traditional coupons and vouchers, Sempre works with health plans to reward their membership’s positive choices and actions. For example, a patient may earn a lower copay if she fills her prescription on time. The two companies are seeking to engage 10,000 patients with diabetes on the
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PeerWell Launches Augmented Reality Trip and Fall Hazard Detector for Smartphones
Digital health company PeerWell just announced the launch of Trip and Fall Hazard Detector, an augmented reality (AR) extension providing real-time analysis from video stream from a smartphone’s camera that identifies and helps correct trip and fall hazards at home, one of the major setbacks for postoperative recovery, especially for those undergoing joint replacement and spine surgery.This AI-powered app extension allows patients and caregivers to scan their home using smartphone cameras,
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Livongo Health Acquires Disease Prevention Startup Retrofit
Livongo Health, a consumer digital health company that is empowering people with chronic diseases to live better has acquired Retrofit, a provider of innovative weight-management and disease-prevention programs that transform lives, workplaces and communities. The acquisition provides Livongo with a proven, evidence-based, Diabetes Prevention Program, enhances its data science capabilities, and boosts expertise in holistic weight management, including nutrition, exercise and mindset."Retrofit
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Mercom: Digital Health VC Funding Breaks $2.5B in Q1 2018
Digital health VC funding reached a record $2.5 billion raised in 187 deals from $1.7 billion in 192 deals in Q4 2017, according to a new report from Mercom Capital Group. The latest report finds that digital health VC funding in Q1 2018 was also up compared to Q1 2017 when nearly $1.6 billion was raised in 165 deals. Q1 2018 was only the second quarter since since 2010 in which digital health companies surpassed $2 billion in VC funding. Mercom’s comprehensive report covers healthcare IT and
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Vineti Raises $33.5M to Accelerate Patient Access to Cell and Gene Therapies
Vineti, Inc., a San Francisco, CA-based software automation and analytics platform for cell and gene therapies has raised $33.5 million in Series B funding led by Canaan and DFJ, with participation from GE Ventures, Section 32, Casdin Capital, and LifeForce Capital, along with other undisclosed investors. The funding round will further advance the first cloud-based “platform of record” specifically built to move transformative new personalized therapies such as CAR-T cell therapy into mainstream
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