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Clinical Trials | News, Analysis, Insights - HIT Consultant

Osmind Secures $40M to Expand Mental Health EHR Platform

by Jasmine Pennic 05/10/2022 Leave a Comment

Osmind Secures $40M to Expand Mental Health EHR Platform

What You Should Know: - Osmind, a mental health EHR platform helping clinicians and researchers advance new life-saving mental health treatments, today announced a $40 million Series B investment led by DFJ Growth. The Series B round brings the total amount of funding for Osmind to $57M since the company’s founding in 2020. Justin Kao, partner at DFJ Growth, and the co-founder of Helix, will join the Osmind Board of Directors. - Osmind works with mental health providers of all types, but
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Digital Documentation: How PDFs Can Help Providers Expedite Care

by Deboshree Sarkar, Sr. Product Marketing Manager, PDF Editor Product line at Foxit 05/10/2022 Leave a Comment

Digital Documentation: How PDFs Can Help Providers Expedite Care

We live in an increasingly digital world. Across industries, companies and consumers have come to rely on the rapid exchange of digital information. Healthcare, however, has been an outlier in this regard. While the healthcare digital transformation has been in play for years, it’s still taken longer for the paradigm shift to gain momentum. Healthcare stakeholders have long relied on paper-based processes. From documenting clinical care to filing medical claims and registering patients, paper
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How the Life Sciences Industry Can Boost Diversity and Inclusion Efforts

by Ariel Katz CEO and co-founder of H1 05/03/2022 Leave a Comment

How the Life Sciences Industry Can Boost Diversity and Inclusion Efforts

Although it is well established that diversity improves outcomes and drives excellence, implementing diversity lags behind in many industries, including life sciences and healthcare.  Diversity is lacking across the entire field, from academic research to clinical work, composition of the workforce, and medical practice. This leads to worse health outcomes and fewer professional opportunities for underserved demographics, such as racial and ethnic minorities, women, and people with
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Imagene Raises $21.5M to Expand Image-Based Biomarker Detection for Precision Medicine

by Fred Pennic 05/02/2022 Leave a Comment

Imagene Raises $21.5M to Expand Image-Based Biomarker Detection for Precision Medicine

What You Should Know: - Imagene AI, an emerging leader in the field of AI-based precision medicine for cancer, today announced it raised $21.5 million, comprising $3M in seed funding led by Blumberg Capital and an $18.5M Series A round led by renowned technology-driven cancer medicine investors Larry Ellison, Dr. David Agus, and AI imaging space pioneer Eyal Gura. - The use of AI-based molecular testing in cancer diagnostics is revolutionizing patient care by offering a new level of
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3 Keys to Eliminating Data Breakdowns in Life Sciences

by Sudish Mogul, Chief Technology Officer of Healthcare Triangle. 04/28/2022 Leave a Comment

3-Keys-to-Eliminating-Data-Breakdowns-in-Life-Sciences

Across life sciences, experts boldly predict that data is the new currency—and that mobilizing data from clinical trials, wearable devices and even social media will ignite innovation in 2022. But leveraging data for innovation depends not just on data analytics, but also access to the right data and timely analysis.  As the amount of data that life sciences experts have at their fingertips explodes, with leaders tapping into real-world evidence from smartphone apps, wearable devices and
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3 Predictions for Post-COVID Clinical Trial Decentralization

by Marc Leighton, VP of Product at Florence Healthcare 04/27/2022 Leave a Comment

3 Predictions for Post-COVID Clinical Trial Decentralization

Prior to COVID, major technological transformation initiatives were already underway at many clinical trial sites, sponsors, and contract research organizations (CROs.) But the move to decentralized trials accelerated dramatically in 2020 and 2021–and it’s not slowing down.  Survey data from WCG Avoca shows that research sites and sponsors expect 89% of clinical trials to qualify as a hybrid, with a mix of decentralized technology and in-person visits.  But what will these
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Biofourmis Secures $300M to Expand Virtual Care Offerings

by Digital Health Funding 04/26/2022 Leave a Comment

Biofourmis Secures $300M to Expand Virtual Care Offerings

What You Should Know: - Biofourmis, a global leader in virtual care and digital medicine raises $300 million in Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, - Biofourmis also announced that former Medtronic CEO and Chairperson at Intel, Dr. Omar Ishrak, will join the company’s Board of Directors as Chairman. Transforming Patient Health Through Personalized, Predictive Care Founded in
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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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THREAD Acquires Clinical Trial Recruitment Solution CureClick

by Health M&A Activity 04/20/2022 Leave a Comment

THREAD Acquires Clinical Trial Recruitment Solution CureClick

What You Should Know: - THREAD, a technology and consulting service provider enabling electronic clinical outcome assessments and decentralized clinical trials has acquired CureClick, which offers the world’s first proprietary crowdsourcing platform designed to accelerate awareness and participation in clinical research. This acquisition follows THREAD’s recent acquisitions of Modus Outcomes and inVibe, positioning THREAD as the industry’s leading
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NCODA & XIFIN Launch Initiative to Expand Oncology Patient Care Options

by Jasmine Pennic 04/14/2022 Leave a Comment

NCODA & XIFIN Launch Initiative to Expand Oncology Patient Care Options

What You Should Know: - XIFIN has partnered with NCODA, Inc., a globally recognized association that develops unique resources to help medically integrated oncology teams deliver top-tier care. This new strategic partnership “NCODA Informatics Initiative Powered by VisualStrata” provides the use of VisualStrata as part of the NCODA membership. - As oncology groups work to find and secure clinical trials – thereby expanding patient care options within their practice – purpose-built
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