What You Should Know: - AppliedVR, a Los Angeles, CA-based company advancing the next generation of digital medicine, today announced $29 million in Series A funding, bringing its total funds raised to date to $35 million. The round, which includes key investors F-Prime Capital, JAZZ Venture Partners, Sway Ventures, GSR Ventures, Magnetic Ventures and Cedars-Sinai, will fuel the company’s growth as it pursues full FDA approval over the next year. - Founded in 2015, AppliedVR provides
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Executive Hires: Walgreens Appoints New CEO, Cityblock Health, Innovaccer, Others
Walgreens appoints Rosalind (Roz) Brewer as the company’s Chief Executive Officer, effective on March 15, 2021. Brewer will also join the WBA Board of Directors upon assuming the role. She succeeds Stefano Pessina who, as previously announced, will transition to the role of Executive Chairman of the Board of WBA. Brewer, 58, will become the first Black woman to lead a Fortune 500 company. Former Livongo President, Jennifer Schneider, has joined Cityblock Health’s Board of
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Nuance Launches AI-Powered Patient Engagement Virtual Assistant Platform
What You Should Know: - Nuance Communications, Inc. launched an AI-powered
patient engagement virtual assistant platform to transform omnichannel digital
experiences for patients. - Healthcare provider organizations can now deploy
a single, common cloud-based platform to support their entire patient journey
across engagement channels using Nuance's market-leading Intelligent Engagement
AI technology - The launch comes as patients increasingly expect the
same level of engaging
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FDA Grants AppliedVR Breakthrough Designation for Virtual Reality Chronic Pain Treatment
What You Should Know: - FDA awards AppliedVR Breakthrough Device designation for
treating treatment-resistant fibromyalgia and chronic intractable lower back
pain - AppliedVR’s EaseVRx program helps patients learn self-management skills grounded in evidence-based cognitive-behavioral therapy (CBT) principles and other behavioral methods. AppliedVR,
a pioneer advancing the next generation of digital medicine, today announced
its EaseVRx product received Breakthrough Device designation
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NIH Taps PhysIQ to Develop AI-Based COVID-19 Digital Biomarker
What You Should Know: - physIQ has been selected by the National Institute of Health (NIH) to develop an innovative AI-based COVID-19 digital biomarker solution to address the COVID-19 pandemic. - Early detection of COVID-19 decompensation in patients
is complicated by infrequent and non-specific clinical data. The first-in-kind
tool will collect and analyzes continuous physiologic data could provide early
clinical indicators of COVID-19 decompensation. The National Cancer
Institute
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Biofourmis Lands $100M to Expand AI-Powered Digital Therapeutics Platform
What You Should Know: - Boston-based digital therapeutics leader Biofourmis
just closed a $100 million Series C funding round led by SoftBank,
bringing its total funding to $145M. - Biofourmis will be using the funding to develop, validate and commercialize several released and unreleased digital therapeutics solutions across cardiology, oncology, respiratory, and pain, with a focus on the United States and key Asian markets, including Asia Pacific, China, and
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Noteworth Lands $5M to Expand All-in-One Care Delivery Platform
What You Should Know: - Noteworth, a first-of-its-kind Digital Healthcare
platform for modernizing Digital Medicine delivery operations, secured a $5
million oversubscribed seed funding round led by Laconia Capital Group - With this investment, the company will continue to
build upon the delivery of Noteworth’s first-of-its-kind Digital Healthcare
platform. Noteworth,
a Hoboken, NJ-based all-in-one-care delivery platform for modernizing digital medicine
delivery
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Proteus Digital Health Launches Tennessee Medicaid Outcomes-Based Initiative
What You Should Know: - Proteus Digital Health launches a multi-year, Medicaid outcomes-based initiative with the state of Tennessee’s Medicaid program, TennCare. - The Proteus initiative allows TennCare to continue strengthening its Hepatitis C treatment efforts through an innovative, value-based care outcomes approach. Proteus Digital Health®,
Inc. announced today a multi-year, outcomes-based initiative with the state of
Tennessee’s Medicaid program, TennCare.
Building
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Valley Health System Becomes First Health System in New Jersey to Prescribe Enterprise-wide Digital Therapeutics
- Valley Health System becomes the first health system in New Jersey to prescribe enterprise-wide digital therapeutics in partnership with Mount Sinai Health System spinoff Rx Health. - The program will use Rx.Health's newly-launched RxStitch engine. Valley Health System (VHS) based in New Jersey announced it will be implemented RxHealth’s digital therapeutics prescribing platform EHR integrated RxStitch Engine to support episodes of care and enterprise-wide digital transformation at VHS. This
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AppliedVR, NCI Partner to Evaluate VR As Therapy for Cancer-Related Anxiety
- AppliedVR announced a collaboration with the National Cancer Institute (NCI), part of the National Institutes of Health (NIH) to evaluate virtual reality (VR) as a solution to help address the underlying cancer-related anxiety. - The proof-of-concept study will evaluate AppliedVR’s virtual reality system on neuro-oncology patients’ “scanxiety,” a term used to describe the anxiety patients with cancer experience before or after medical diagnostics scans.AppliedVR, a Los Angeles, CA-based
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