As you read this, over 200,000 American deaths have been attributed to the virus. The influx of cases continues, while state and local economies are experiencing hardship, children are shuttered in their homes learning remotely, grown children are moving back home and the “new normal” disrupts nearly all of life’s plans.
Yet, these issues don’t reveal all the traumas that Americans are experiencing 10 months into the pandemic. The pandemic's impact continues to be swift and brutal,
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Social Anxiety
Addressing Loneliness and Social Isolation in the Medicare Population
In recent years, the healthcare industry's understanding of social determinants of health (SDoH) and their impact on patient outcomes has grown dramatically. Researchers and practitioners now recognize that social isolation and loneliness fall under the SDOH umbrella. In response, many payers and providers are exploring initiatives to address social isolation among members and patients.
The health effects of social isolation and loneliness are costly and harmful. According to Health
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Oxford VR Launches VR Program to Tackle Anxious Social Avoidance
What You Need to Know:
- Oxford VR launches social engagement - a first-in-class digital therapeutic using virtual reality technology to tackle anxious social avoidance.
- Anxious social avoidance is one of the most debilitating aspects of multiple mental conditions. Social engagement enables individuals to overcome trigger situations to feel safer, more confident and more in control.
Oxford VR (OVR),
a global pioneer developing automated VR therapy announces the launch of
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019
- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter.
Q1 M&A Activity
Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio
Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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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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AbleTo Acquires Digital Therapy App Joyable to Strengthen Virtual Behavioral Healthcare
AbleTo, Inc., a provider of virtual behavioral healthcare proven to improve clinical outcomes and lower healthcare costs has acquired Joyable, an app-based digital therapy innovator. The acquisition strengthens AbleTo's high-quality virtual behavioral healthcare with a digital platform that delivers clinically-based therapies supported by coaches to help individuals overcome depression, generalized anxiety, and social anxiety.Founded in 2014, Joyable offers users expert-designed digital
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Big Health Launches Digital Therapeutics App, Daylight to Improve Anxiety
Daylight is the first digital therapeutic to combine cognitive behavioral therapy, animation and the human voice to help people improve feelings of worry and anxiety. Digital therapeutics company Big Health today announced the launch of Daylight™, a scientifically rigorous yet approachable mobile app for reducing feelings of worry and anxiety. The Daylight app uses scientifically proven techniques based on cognitive behavioral therapy (CBT) to address feelings of worry and anxiety wherever and
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Mental Health App Joyable Raises $8M to Treat Anxiety, Depression
San-Francisco-based Joyable, an evidence-based, affordable mental health service provider has raised $8 million in Series A funding led by returning investors Thrive Capital and Harrison Metal. The funding will be used to develop the company's first-ever native mobile app to offer Cognitive Behavioral Therapy (CBT) and expand its service to more of the 15 million Americans currently suffering from clinical social anxiety. The company previously raised $2M seed round.
Launched in March 2015,
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