Jon Bloom, MD, CEO and Co-founder of Podimetrics
From a digital health perspective, 2022 was a reset year for many and a serious reality check. We went from sky high growth to the sky is falling, and in 2023 I think this market correction movement will continue forward. To me, the biggest surprise of 2022 was that despite the market tanking, digital health companies continued to truck forward with huge deals. This includes massive acquisitions like Amazon and OneMedical, as well as deals like
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Babyscripts
4 Factors Driving Healthcare Transformation in 2022 to Watch
As the healthcare industry becomes more interconnected in response to a wide range of economic and societal factors, the landscape is changing for all parties involved, including payers, providers, and patients.
In a dynamic time for the industry, here are four of the main factors driving the changes and what they mean for the primary stakeholders:
The lines between traditional and digital are blurring
As startups and traditional providers race to meet their patient's
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Why Digital Transformation Is Imperative to Combat Healthcare’s Labor Crisis
As the coronavirus pandemic first spread across the globe, health systems turned to technology and virtual care while focusing their efforts on COVID-19 and its consequences. Physicians deployed digital tools to keep the worried well out of hospitals, to keep beds open for COVID-19 patients, and to support and manage conditions like pregnancy from the safety of patients’ homes.
Now the healthcare sector faces a new challenge. The so-called “Great Resignation” is causing workers to leave their
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LCMC Health Delivers Remote Pregnancy Care to More Than 1,200 Mothers Through Babyscripts
What You Should Know:
- Babyscripts, a virtual care platform for managing obstetrics, announced a one-year partnership with LCMC Health, a New Orleans-based, non-profit health system.
- The partnership has provided more than 1,200 mothers with equitable access to care through the Babyscripts virtual maternity care platform and has been shown to increase patient compliance to important maternal care guidelines.
LCMC Health Delivers Remote
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Femtech Startup Babyscripts Secures Additional $7.5M for Virtual Maternity Care Solution
What You Should Know:
- Femtech startup Babyscripts, the leading virtual care platform for managing obstetrics, has announced an additional $7.5M has been raised during the second close of their Series B funding round.
- Investments from Cigna Ventures, Texas Medical Center Venture Fund and Atlantic Health System brings the Series B raise to $19M to date. Babyscripts has raised a total of $37M to date. Memorial Innovation Fund led the initial Series B round, joined
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Babyscripts, NUVO Partner to Deliver Comprehensive Remote Pregnancy Care Solution
What You Should Know:
- Babyscripts, a virtual care platform for managing obstetrics, today announced a strategic partnership with Nuvo Group, a femtech startup commercializing INVU by Nuvo™, an FDA-cleared, remote fetal monitoring and management platform. InVU by Nuvo features a user-friendly wearable sensor band that gives physicians an inside look into the womb, remotely to drive critical diagnostic decisions wherever the patient is.
- By integrating Nuvo’s INVU technology
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Femtech Startup Babyscripts Secures $12M for Virtual Maternity Care Solution
What You Should Know:
- Babyscripts, a Washington D.C.-based virtual care platform for managing obstetrics, announced it has raised $12M in Series B funding led by MemorialCare Innovation Fund, a strategic healthcare investment company, and will focus on the rollout of Babyscripts Virtual Maternity Care solution to providers across the US, as well as the development of care models specifically targeted to payers. Other investors in the Series B round include Philips and the CU Healthcare
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Femtech: Babyscripts Partners with Privia Health for Remote Pregnancy Care
What You Should Know:
- Privia Health, a national physician enablement company that collaborates with medical groups, health plans and health systems, has teamed up with Babyscripts, the leading virtual care platform for managing obstetrics, to provide the Babyscripts platform to their providers, enabling physicians with Privia Women’s Health to deliver cutting-edge remote care to their pregnant and postpartum patients across the nation.
- Pregnant patients who receive care from the more
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Banner Health Launches Digital Health Program with Xealth & Babyscripts
What You Should Know:
- Banner Health announced the launch of its digital health program with Xealth to enable digital health at scale. Banner Health is making it simpler for medical providers to order digital health solutions directly from its Cerner EHR, helping to strengthen its connection with patients across its 30 acute-care hospitals and other entities. The launch will begin
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4 Ways Health Systems Need To Reinvent Themselves to Compete
For about a decade, digital health has been slowly winning the battle against healthcare’s slow pace of change. Digital found an unexpected ally in Covid, as the pandemic forced health systems to adopt virtual solutions wholesale.
As we start to come out on the other side, though, some health systems are contemplating returning to the status quo, especially as they’re feeling acute financial strain.
The majority, however, understand that the pandemic constitutes a sea change in the
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