COVID-19 has put a tremendous burden on hospitals, and the clinicians, nurses, and medical staff who make them run.
Many hospitals have suffered financially as they did not anticipate the severity of the disease. The extended duration of patient stays in ICUs, the need for more isolated rooms and beds, and the need for better supplies to reduce infections have all added costs. Some hospitals did not have adequate staff to check-in patients, take their temperature, monitor them regularly, or
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behavior
CloudMD Acquires Digital Patient Engagement Platform iMD Health Global for $10M
What You Should Know:
- CloudMD announces it will acquire digital patient engagement platform iMD Health Global for $10M
- The integration of iMD’s educational platform will enable CloudMD to provide its entire network of over 3000 healthcare practitioners, specialists, and allied health professionals and almost 3 million patients with valuable educational resources on healthcare issues, treatments, and preventative solutions.
CloudMD Software & Services Inc., a Vancouver,
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Medisafe Launches New Platform for Medication Management to Improve Patient Journey
What You Should Know:
- Medisafe launches a new Medisafe Maestro platform that brings precision and speed to patient journeys.
- The new platform aims to revolutionize digital health platforms by combining a host of resources to help patients through any hurdle in their journey and updates and monitoring happen in real-time to meet patients in their moments.
Medisafe, a Boston,
MA-based digital therapeutics companion platform, announced the immediate
deployment of its new Medisafe
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AmWell IPO and Google Deal – Five Key Takeaways to Know
1) COVID-19 Has Driven Revenue Up 77%
The headline revenue data (summarised below) provides very positive news for AmWell and its new investor, Google. Notably:
- Even prior to COVID-19, the company was growing well with revenues increasing by 31% in 2019 compared to 2018.
- This rate of growth has accelerated in 1H20, with overall revenue up 77% in the same period in 2019.
- The 2019 growth was partly driven by a small increase in the number of health plan subscription customers and
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One Drop Launches Digital Membership for Whole-Person Approach to Chronic Condition Self-Care
What You Should Know:
- One Drop has expanded its consumer offering beyond
diabetes management with data-driven tools and personalized support for people
living with diabetes, prediabetes, high blood pressure, high cholesterol, or
any combination of these conditions.
One Drop, a New
York City-based provider of digital health solutions
for people living with diabetes and other chronic conditions, today announced
the launch of its Digital
Membership, a new direct-to-consumer subscription
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Brightline Raises $20M for Virtual Pediatric Behavioral Health Platform
What You Should Know:
- Brightline raises $20 million to bring its virtual behavioral
healthcare platform to kids and families across California and beyond.
- Brightline delivers integrated care through innovative
technology, virtual behavioral health services, and a collaborative care team
focused on supporting children across developmental stages and their families.
Brightline, a
Palo Alto, CA-based provider of technology-enabled pediatric behavioral healthcare,
announced it has
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5 Critical Considerations for Patient Privacy in Telehealth
The COVID-19 pandemic has had a tremendous ripple effect across all industries, with one of the most impacted being healthcare. Providers have had to quickly adapt to supporting patients ‘virtually’ in a secure manner, while simultaneously developing procedures to support accurate reporting to government organizations. These changes have placed added pressure on security and privacy professionals, as they struggle to keep up with urgent demand.
Mature healthcare organizations already have
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Sprout Launches with $10M to Power Tech-Enabled In-Home Autism Care
What You Should Know:
- Sprout, a tech-enabled platform pioneering the future
of autism care, launches today with $10M in funding to solve the broken,
outdated, and costly process families face when seeking care for children.
- Sprout offers free autism assessments, matches children with world-class therapists for in-home individualized treatment plans unique to their needs, and equips parents with a software-enabled experience to manage their child’s care, while also sharing a
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Sharecare Launches Digital COVID-19 Return-to-Work Solution for Employers
What You Should Know:
- Sharecare launches its offering for employers: Well-Being@Work, a virtual solution for COVID-19 that’s integrated with its app-based digital health platform for managing consumer health and well-being.
- The offering is designed for employers – organizations
of any kind – to support their workforces as they return to work when the time
is right (and whether they’re working virtually or remotely).
- The solution features digital health pass, daily screener,
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Cohere Health Launches with $10M to Increase Transparency Across Care Journey
What You Should Know:
- Boston-based health IT start-up Cohere Health announced the official launch of its company with a $10 million Series A funding round led by Flare Capital Partners.
- The company’s patient journey-focused platform improves the notoriously difficult prior authorization process and replaces an existing patchwork of legacy, siloed processes, and antiquated technologies that contribute to the enormous administrative burden for physicians and health plans.
- The end
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