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Virtual Healthcare | News, Analysis, Insights - HIT Consultant

Bicycle Health & Evernorth Partner to Expand Access to Virtual Opioid Use Disorder Treatment

by Syed Hamza Sohail 08/25/2022 Leave a Comment

Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment

What You Should Know: - Bicycle Health, today announced that its high-quality, evidence-based virtual opioid use disorder (OUD) treatment is now part of Evernorth’s behavioral health network - Furthermore, it will be made available to all Evernorth clients, as well as Cigna health plan customers who receive health coverage through their employer or marketplace exchange plans in 24 states. Evernorth is the health services business of Cigna Corporation. Increasing Access to Care Using
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Plume Raises $24M for Gender-Affirming Virtual Care to Support Trans & Gender Diverse Community

by Fred Pennic 08/23/2022 Leave a Comment

Plume Raises $24M for Gender-Affirming Virtual Care

What You Should Know: - Plume, a provider of virtual care services purposefully designed for the health care needs of the transgender community raises $24M in Series B funding led by led by Transformation Capital with participation from General Catalyst and Townhall Ventures. - Plume plans to use the latest round of funding to fulfill its mission to transform health care for every trans life by creating access to high-quality, safe gender-affirming care. Expanding
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Why There’s Renewed Interest In The Cloud for Healthcare

by Wes Wright, Chief Technology Officer at Imprivata 08/23/2022 Leave a Comment

Why There’s Renewed Interest In The Cloud for Healthcare

From the development of the EMR to the growth of telehealth, the digital environment for healthcare has evolved tremendously over the last few years. So, it’s no surprise that IT spending is set to increase by 12.3% for cloud computing,  9.7%, for digital transformation, and 9.7% for security software this year. Though healthcare organizations have historically been slower to adopt cloud, we’re now seeing renewed interest.  Has the pandemic caused a reaction among IT leaders to
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Health-Tech C2Q:22 Preview: 5 Key Driving Factors to Watch

by Syed Hamza Sohail 08/23/2022 Leave a Comment

Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020

What You Should Know: - David Larsen, healthcare IT and digital health analyst at BTIG published a note highlighting his preview for health-tech Q2 earnings. - Given high inflation rates, costs for traveling nurses, and light volumes in 2Q:22, he is cautious on stocks that sell into the acute care market in the near term. An Overview According to the report, there are many macro headwinds that continue to affect the HCIT sector and the broader market, including inflationary pricing
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Caregility and Eko Integrate to Address Gap in Telehealth

by Syed Hamza Sohail 08/18/2022 Leave a Comment

FDA Clears Eko’s Heart Disease Detection AI for Adults and Pediatrics

What You Should Know: - Caregility, an enterprise telehealth platform company, and Eko, the market leader in stethoscopes for telehealth, today announced an integration partnership. - Caregility’s cloud platform now seamlessly integrates with Eko’s smart stethoscopes and software, enabling users of Caregility’s iConsult application to perform high-quality auscultation (heart, lung, and other body sounds) on patients during a virtual physical exam. Addressing Virtual Care Gaps to Improve
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CareHarmony Secures $15M for AI-Powered Care Coordination

by Syed Hamza Sohail 08/17/2022 Leave a Comment

CareHarmony Secures $15M for AI-Powered Care Coordination

What You Should Know: - CareHarmony, an AI-powered care coordination solutions provider, today announced it has closed a $15 million Series A funding round led by Maverick Ventures, with participation from Nashville Capital Network. - The financing comes as CareHarmony continues to experience exponential growth, serving several of the nation’s leading hospitals and health systems through its care platform. Developing Proprietary Technology To Meet Increased Demand Founded in 2015,
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KeyCare Raises $24M for Epic-Integrated Virtual Care Platform

by Syed Hamza Sohail 08/17/2022 Leave a Comment

KeyCare Raises $24M for Epic-Integrated Virtual Care Platform

What You Should Know: - KeyCare, Inc., the nation’s only virtual-first care platform built with Epic, announced the closing of $24 million in series A funding. - The funding was backed by 8VC, LRVHealth, Bold Capital, and Spectrum Health Ventures. Expanding Horizons in Healthcare Using Virtual Care Platforms KeyCare offers health systems the ability to easily augment their care teams, optimize capacity, and widen their digital front doors by partnering with a nationwide network of
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Intel Invests $20M in Biofourmis’ Virtual Care Offerings

by Syed Hamza Sohail 08/10/2022 Leave a Comment

Biofourmis AI Analytics Engine Receives FDA Clearance for Ambulatory Physiologic Monitoring

What You Should Know: - Biofourmis, a Boston-based global leader in virtual care and digital medicine, today announced that Intel Capital, the strategic investment arm of chipmaker Intel Corporation, has joined its Series D financing in an extension that brings the total funding raised in the round to $320M. - The initial Series D funding round was announced in April and was led by global growth equity firm General Atlantic with participation by CVS Health (NYSE:CVS), Trevor
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KLAS Report: State of Virtual Visit Technology in the Middle East

by Syed Hamza Sohail 08/03/2022 Leave a Comment

KLAS Report: State of Virtual Visit Technology in the Middle East

What You Should Know: - The latest KLAS report examines how non-EMR-affiliated virtual visit solutions in the Middle East differ across key metrics (including product usability, implementation and training, and vendor partnership) and also summarizes common EMR vendors and their approaches to virtual visits. - KLAS reports high satisfaction with their virtual visit technology (either virtual care or video conferencing platforms), though specifics of the customer experience do vary across
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Can We Reach Health 4.0 in the Next 3-5 Years?

by Syed Hamza Sohail 08/01/2022 Leave a Comment

Can We Reach Health 4.0 in the Next 3-5 Years?

What You Should Know: - According to a new report from Allison + Partners, 57% of respondents said it will be possible to achieve “Health 4.0” in the next 3-5 years - The report illustrates that the biggest hurdles include legislative and regulatory policy, lack of tech talent, and little understanding of health technologies and that the opportunities outweigh the challenges Health 4.0: Barriers and Solutions During the pandemic, there was a record-breaking infusion of capital into
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