What You Should Know: - Carbon Health, a technology-enabled healthcare provider, announced the acquisition of Steady Health, a fully integrated diabetes platform that uses data from continuous glucose monitoring (CGM) devices to provide personalized medical care from top endocrinologists. Financial details of the acquisition were not disclosed. - The Steady Health acquisition accelerates Carbon Health’s rollout of an innovative new primary care model, which integrates Carbon Health’s
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Diabetes| Type 1 & 2 Diabetes Management | Policy, News, Analysis, Insights - HIT Consultant
Virta Health Raises $133M to Expand Type 2 Diabetes Reversal Platform
What You Should Know: - Virta Health, a San Francisco, CA-based company raises $133M led by , to scale its virtual metabolic clinic and approach to reversing chronic metabolic conditions (type 2 diabetes, prediabetes, and obesity) to the masses led by Tiger Global. - The Series E financing follows a recent $65 million raise in December of 2020, nearly doubling the company’s valuation in just 5 months to $2 billion. - Buoyed by delivering transformational outcomes in patient health and
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Medtronic Launches World’s First 7-Day Wear Infusion Set to Reduce Burden for People with Diabetes
What You Should Know: - Medtronic has announced the launch of the world’s first and only infusion set that can be worn for up to seven days (instead of the typical three) in select European countries. The infusion set is responsible for delivering insulin from the pump into the body. This new infusion set is compatible with all MiniMed™ 600 and 700 series insulin pumps. - It’s recommended that typical insulin infusion sets be changed every three days, whereas the glucose sensor (which is
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Medtronic Launches Initiatives to Address Health Equity for People of Color Living with Diabetes
What You Should Know: - Medtronic announced its ongoing commitment to health equity for people of color living with diabetes. The company committed investments in partnerships with the American Diabetes Association® (ADA) and T1D Exchange, as well as additional research efforts, to better understand and address these disparities. New Partnerships and Research Efforts Prioritized Over the Next Three Years to Address Health Disparities Details of each partnership, as well as additional
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Blue Shield of CA Expands into Digital Health with Wellvolution Expansion
What You Should Know: - Blue Shield of California is enhancing its popular Wellvolution program by adding two new services that provide personalized care and nutrition support for members living with or at risk for Type 2 diabetes. - Wellvolution is a digitally based lifestyle medicine and health platform that can be personalized to each member’s individual health needs and preferences. The platform, including these expanded programs, is available to plan members at no additional cost. The
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Could ‘Hospitals Without Walls’ Be the New Normal for Telehealth and Remote Patient Monitoring?
The statistics surrounding the COVID-19 pandemic continue to be startling, despite the ever-growing mental and physical fatigue that we’ve all experienced living through this frightening, intimidating and unprecedented era. More than 125 million cases worldwide have resulted in a death toll closing in on three million, while in the United States alone, 30 million reported infections have resulted in a death toll that reached 550,000. (1) One thing that can be said for certain about
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COVID Exposed The Dire Need for Real-Time Healthcare Data Sharing
In a world where technology and Big Data can provide us with instantaneous access to our banking transactions, and our financial information and credit reports can be retrieved with a few keystrokes when applying for a mortgage -- trying to get access to our own healthcare data is exasperating. Beyond exasperating, is the frightening situation when the inability to access up-to-date and accurate information, can result in an aggravated medical condition or even death. Before the
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How the Pandemic is Accelerating the Shift to Alternative Care Delivery Models
The COVID-19 pandemic has transformed how we interact with one another, with businesses, and with the world around us. From social distancing to hand sanitation to remote working, its impact on society is immense. And among the various industries that are experiencing significant change as a result of the pandemic, healthcare tops the list. Supply chain disruptions, crowded ICUs and exhausted medical staff has taken a toll on hospitals and clinics — and they’ve had to pivot rapidly to new
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Cloud Technologies in Healthcare: Improving Access to Care at Lower Costs
The healthcare industry has been among those at the fore when it comes to cloud adoption. It’s no wonder then that between 2020 and 2024, the global market is projected to see a rise of nearly US$25.54 billion in cloud technologies in this industry1. What has spurred healthcare to be one of the leading adopters of cloud technologies? The industry is inundated with data from multiple sources like doctor’s and nurses’ notes, electronic health records (EHR), personal health records (PHR),
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Glooko Raises $30M to Expand Digital Diabetes Management Platform
What You Should Know: - Glooko, a Palo Alto, CA-based provider of remote patient monitoring and chronic care management solutions including diabetes and obesity, today announced that they have raised a $30 million Series D round of funding. The funding was led by Health Catalyst Capital along with participation from existing investors Canaan Partners, Georgian, Novo Nordisk, Insulet and Mayo Clinic. - Glooko plans to use these proceeds from this funding to accelerate organic growth and
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