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Digital Therapeutics | Digital Health | Evidence-Based Therapeutics Interventions

HLTH & ATA Partner Up to Highlight Telehealth Solutions, Virtual Care Adoption

by Fred Pennic 08/13/2019 Leave a Comment

HLTH Partners w/ ATA to Highlight Telehealth Solutions, Virtual Care Adoption

HLTH, the largest and most important conference for healthcare innovation announced a new partnership with ATA, the premier organization working to accelerate the adoption of telehealth, to showcase innovations in virtual care that will change the way care is ultimately delivered.Telehealth solutions include digital health, artificial intelligence (AI), virtual care, remote monitoring, and digital therapeutics (DTx), as well as 'store-and-forward' or asynchronous technologies that securely
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Progentec Diagnostics Merges with Karate Health to Expand Autoimmune Disease Management Platforms

by Fred Pennic 08/02/2019 Leave a Comment

Progentec Diagnostics Merges with Karate Health to Expand Autoimmune Disease Management Platforms

Karate Health merges with Progentec to pursue comprehensive disease management solutions for lupus and multiple sclerosis (MS) that combine laboratory testing with digital technologies. Progentec Diagnostics, Inc. and Karate Health, Inc. announced that they have merged, offering laboratory testing and digital technologies for the diagnosis and management of lupus (SLE), multiple sclerosis (MS), and other autoimmune diseases. The merger is a substantive step towards the Progentec mission of
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Yale, Mayo Clinic, Biofourmis Launches Research to Detect Heart Failure Using Wearable Biosensor Data

by Jasmine Pennic 07/17/2019 Leave a Comment

Yale, Mayo Clinic, Biofourmis Launches Research to Detect Heart Failure Using Wearable Biosensor Data

Biofourmis has entered a research partnership with the Yale University-Mayo Clinic Center of Excellence in Regulatory Science and Innovation (CERSI). Biofourmis' mobile platform BiovitalsHFTM will be leveraged in a study of patients with heart failure to monitor functional capacity and quality of life to see if greater emphasis should be placed on these measures in the drug approval process.Impact of Heart FailureHeart failure afflicts approximately 6.5 million patients in the United States and
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Blue Shield of California Launches Digital Therapeutics Platform At No Cost to Members

by Fred Pennic 06/26/2019 Leave a Comment

Blue Shield of California Launches Digital Therapeutics Platform At No Cost to Members

 Blue Shield of California is launching a new digital therapeutics platform that will provide programs to eligible members at no cost to them. Powered by Solera Health, the new Wellvolution platform provides curated, scientific and results-based digital programs that can be personalized to each of its members' individual health needs and preferences. The program is available at no cost to members enrolled in Blue Shield's fully insured employer-sponsored plans or it's Individual and Family
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Cara Care Nabs $7M to Expand Digital Therapuetic App for Digestive Diseases

by Jasmine Pennic 06/18/2019 Leave a Comment

Cara Care Nabs $7M to Expand Digital Therapuetic App for Digestive Diseases

Berlin, Germany-based digital health company Cara Care, announced today that it has secured $7 million in Series A funding led by Johnson & Johnson Innovation – JJDC, Inc. (JJDC) and Barcelona-based VC firm Asabys Partners with participation from existing investor Atlantic Labs. Cara Care was part of the Microsoft Accelerator and winner of the GlaxoSmithKline Transforming the Future of Self-Care Challenge in the category “Digital Health Technologies.” Cara Care has raised more than $9
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Cleveland Clinic Study: Propeller Health’s Smart Inhalers Reduces Hospitalizations, ER Visits for COPD Patients

by Jasmine Pennic 06/13/2019 Leave a Comment

Propeller Health: 84% of People with Asthma May Be Using Their Inhaler Incorrectly

Cleveland Clinic today released research that uses Propeller Health’s smart inhaler platform to show that digital medicines significantly reduced hospital visits for COPD patients. COPD is a term applied to a family of diseases that includes emphysema, chronic bronchitis, and emphysema due to alpha-1 antitrypsin deficiency. The research findings published in The Journal of Telemedicine and Telecare marks the first-ever research to assess the impact of a digital medicine on healthcare utilization
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NightWare Awarded FDA “Breakthrough Status” for PTSD Apple Watch App

by Jasmine Pennic 05/24/2019 Leave a Comment

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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Biofourmis Lands $35M for AI-Powered Digital Therapeutics Platform

by Jasmine Pennic 05/21/2019 Leave a Comment

Biofourmis Lands $35M for AI-Powered Digital Therapeutics Platform

Biofourmis, a Boston, MA-based digital therapeutics platform, today announced that it has raised $35 million in Series B funding led by Sequoia Capital/Sequoia India and co-led by Mass Mutual. The latest funding round will enable the company to advance its proprietary artificialintelligence (AI)-powered digital therapeutics platform and pipeline that treats and manages a range of complex chronic conditions.Digital Therapeutics is Redefining The Healthcare Value ChainFounded in 2015, Biofourmis
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Solera Health Raises $42M to Scale Integrated Benefit Network for Chronic Disease Prevention

by Jasmine Pennic 05/15/2019 Leave a Comment

Solera Health Raises $42M to Expand Integrated Benefit Network

Solera Health, a Phoenix, AZ-based technology-enabled integrated benefit network has raised $42 million in Series C funding led by HCSC Ventures. Current investors BlueCross BlueShield Venture Partners/Sandbox Advantage Fund, Adams Street Partners and SJF Ventures also participated in the most recent funding round. The Series C round, Solera's largest to date, brings its total funding to $72 million.Integrated Benefit NetworkFounded in 2015, Solera Health serves as an integrated benefit network
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Fitbit Health Solutions Business Grew 70%, $30.5M in Revenue in Q1 2019

by Fred Pennic 05/01/2019 Leave a Comment

Fitbit Health Solutions Business Grew 70%, $30.5M in Revenue in Q1 2019

Fitbit today released its Q1 2019 earnings reporting revenue of $272 million, GAAP net loss per share of $(0.31), non-GAAP net loss per share of $(0.15), GAAP net loss of $(79) million, non-GAAP net loss of $(38) million, cash flow from operations of $(68) million and free cash flow of $(74) million.Q1 2019 Fitbit Health Solutions EarningsFitbit Health Solutions business grew 70% YOY with revenue of $30.5M, which was an important contributing factor to the company’s positive momentum overall in
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