Flow, a medical device company launches a medication-free treatment for depression comprising a brain stimulation headset and therapy app. In Europe, Flow has been approved as a Class II medical device intended for use as a treatment for depression - and is the first approved treatment of its kind in Europe available to buy and use at home.Flow BackgroundBased in Sweden, Flow was developed by clinical psychologist Daniel Mansson and neuroscientist Erik Rehn, together with a team of prominent
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NightWare Awarded FDA “Breakthrough Status” for PTSD Apple Watch App
NightWare, Inc., digital therapeutics for mental health company has received Breakthrough Status designation from the U.S. Food and Drug Administration (FDA) for its NightWare Apple Watch app that measures and treats nightmares in people with Post-Traumatic Stress Disorder (PTSD).Impact of Nightmare DisordersNightmares and Nightmare Disorder have been linked to increased suicidality, heightened risk of heart disease, diabetes, and contributes to cognitive difficulties such as memory loss,
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As More Americans Suffer from PTSD, Digital Health Solutions Offer Hope
Caroline Carney, MD, MSc, Chief Medical Officer at Magellan Rx Management
With deadly attacks in our communities and schools becoming more commonplace, increasingly more common natural disasters, and a number of military conflicts in the last decade, it’s no surprise that 70 percent of U.S. adults have experienced a traumatic event in their lifetime. Of those, twenty percent go on to develop post-traumatic stress disorder (PTSD), a mental health disorder that affects a person’s thoughts,
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Livongo Launches Pregnancy and Early Parenting Digital Behavioral Health Program
Livongo for Behavioral Health by myStrength has launched a comprehensive set of new evidence-based activities and tools to guide Members in addressing the physical and emotional challenges associated with pregnancy and early parenting. The new Pregnancy and Early Parenting program offers personalized content to all parents and expecting families; including mothers and fathers, partners, single parents, same-sex couples, those who adopt, and anyone else who is expecting a baby or has a child up
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Accenture Launches AI-Driven Solution to Tackle Elderly Loneliness
Accenture has released a groundbreaking new project that uses a unique
conversational
artificial intelligence to address the challenges of elderly loneliness. The
project named Memory Lane is being used by Accenture Interactive and Stockholm Exergi, one of Sweden’s largest energy suppliers to provide an
innovative social solution which allows people, particular the elderly, to
capture memorable stories for future generations while also providing
companionship.
Project Memory Lane
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Y Combinator Startup Meru Health Raises $4.2M to Advance Digital Clinic for Mental Health
Meru Health, a Y Combinator company currently participating in the Texas Medical Center TMCx Accelerator in Houston has raised $4.2 million in seed funding from Freestyle Capital, Bonit Capital, Y Combinator, Lifeline Ventures, and IT-Farm. The seed funding will be used to advance its mobile phone-based digital clinic for depression and anxiety and support additional clinical validation. Peer-reviewed data of this intervention found a significant reduction in depression symptoms as well as close
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10 Major Barriers Hindering The Digitalization Of Chronic Conditions
Hundreds of millions of patients are affected by chronic diseases globally, often suffering from several of them. Despite such a huge opportunity, the coverage of chronic conditions with digital solutions is still below the acceptable level. Today, more than twenty common chronic conditions have its own specificity and are currently at its digital development stage, yet all of them face the same challenges in the digital health market, according to a recent Research2Guidance report.The report,
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Sonde Health Nabs $16M to Commercialize Vocal Biomarker Device to Diagnose Diseases
Sonde Health, a Boston-based digital medicine company developing a vocal biomarker device to transform the way we monitor and diagnose our mental and physical health has raised $16 million in Series A funding. The round was led by M Ventures (the corporate venture capital arm of Merck KGaA, Darmstadt, Germany), with participation from MP Healthcare Venture Management, Inc. (the corporate venture capital arm of Mitsubishi Tanabe Pharma Corporation), Neoteny 4, LP, Canepa Healthcare, and founder
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March 2019 News, Merger & Acquisition, IPO, Public Company Performance Summary
A brief summary of noteworthy news, health IT M&A activity, IPOs, and public company performance during the month of March.
Noteworthy News
Amazon, JP Morgan, Berkshire Names New Joint Venture Haven
Amazon, J.P. Morgan, and Berkshire Hathaway name joint venture Haven. In January 2018, the three founding companies announced plans to create this independent organization, now called Haven, which is free from profit-making incentives and constraints. Haven’s focus is the 1.2 million
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Behavioral Health Startup Blueprint Nabs $1.3M for Mental Health Assessment Platform
Behavioral health startup Blueprint lands $1.3M to help clinicians make data-driven treatment decisions.
Blueprint (formerly known as HelloJoy), a Chicago, IL-based behavioral health company whose software allows mental health clinicians to efficiently practice measurement-based care (MBC) has raised $1.3M in seed funding led by Lightbank and Hyde Park Angels. The company plans to use the capital to expand its clinician outreach and grow its engineering and sales teams.
Impact of
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