What You Should Know: Cedars-Sinai is expanding virtual healthcare for children and Spanish speakers in California through its mobile app Cedars-Sinai Connect, a fast-growing online option that allows patients to quickly access top healthcare professionals for acute, chronic and preventive care. Innovative Healthcare Solutions: Expanded Access for Children and Spanish Speakers at Cedars-Sinai Children aged 3-17 can now conveniently access urgent healthcare services from
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Digital Health | News, Analysis, Insights - HIT Consultant
Q1 2024 Digital Health Funding: A Reset & Refocus on Outcomes
What You Should Know: - Q1 2024 Digital health funding in the U.S. reached $2.7B across 133 deals, with an average deal size of $20.6M, according to Rock Health’s Q1 2024 Digital Health Funding Report. - The report reveals the digital health funding landscape has undergone a significant shift in Q1 2024, marking a transition from a period of rapid growth to a more measured environment focused on long-term sustainability. This signals a shift towards smaller check sizes, indicating a more
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Augmedix, Andor Health Integrate to Enhance Virtual Care with AI-Powered Documentation
What You Should Know: - Augmedix (AUGX), a leader in AI-powered medical documentation, and Andor Health, a cloud-based platform for virtual care communication, have announced a strategic partnership to streamline workflows and improve patient care. - The strategic integration aims to revolutionize virtual care by leveraging ambient AI to automate note creation within the Andor Health platform, ThinkAndor®. Focus on Clinician Efficiency and Patient Care Augmedix's AI
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Combatting Physical Therapy Burnout: Can Digital Health Help?
The physical therapy profession, encompassing both Physical Therapists (PTs) and Physical Therapist Assistants (PTAs), is navigating through a period of unprecedented challenge. Recent data highlights concerning trends - not only did the sector see the departure of 15,000 PTs, or 11% of the existing workforce, between 2021 and 2022, but there has also been a consistent 5% annual decrease in applicants to PT programs over the last three to four years. These developments signal an urgent need for
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Define Ventures Appoints Frank Williams as Venture Partner
What You Should Know: - Define Ventures, the leading early-stage investor in digital health companies, announced today the appointment of Frank Williams as Venture Partner. - Williams, a seasoned entrepreneur and healthcare executive, brings a wealth of experience to the firm, playing a key role in supporting and scaling their portfolio companies. Williams Bio/Background Williams boasts an impressive career in healthcare, highlighted by his co-founding role at Evolent
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Vista Equity Partners Acquires Model N for $1.25B
What You Should Know: - Model N (NYSE: MODN), a leading provider of revenue optimization and compliance solutions for the life sciences and high-tech industries, has announced a definitive agreement to be acquired by Vista Equity Partners ("Vista"). - Under the terms of the agreement, Vista will acquire all outstanding shares of Model N common stock for $30.00 per share in an all-cash transaction valued at approximately $1.25 billion. - The transaction is expected to close in
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Grow Therapy Secures $88M, Launches Enhanced Platform for Value-Based Mental Healthcare
What You Should Know: - Grow Therapy, a mental health technology company focused on provider-centric care, raises $88M in Series C funding led by Sequoia Capital. The round included participation from Growth Equity at Goldman Sachs Alternatives, PLUS Capital, and a unique group of celebrity investors including Anna Kendrick, Lily Collins, and prominent athletes. - The funding fuels Grow Therapy's mission to make high-quality mental healthcare accessible to all. Building a More
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The Rise of Culturally Competent Care: Health Equity & Technology
The United States Census Bureau released its most recent statistical findings in 2020, revealing a notable increase in the diversity of the nation’s population. In 2010, the likelihood of randomly selecting two ethnically or racially diverse individuals was 54.9%. By 2020, this had risen to 61.1%. Given these figures, it is unsurprising that healthcare providers are actively seeking solutions, particularly through existing and emerging technologies, to overcome their most significant cultural
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UCLA, PreciseDx to Develop AI-Powered Breast Cancer Recurrence Tool for Early Detection
What You Should Know: - PreciseDx®, a leader in AI-powered diagnostics for oncology, announces a crucial collaboration with UCLA's Department of Pathology and Laboratory Medicine. - The research initiative focuses on evaluating PreciseDx's innovative tool, PreciseBreast™, for its ability to accurately assess the risk of recurrence in patients diagnosed with triple-negative breast cancer (TNBC). Why Focus on Triple-Negative Breast Cancer? TNBC Challenges: Accounting for
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rater8 Secures Funding to Expand Healthcare Reputation Management Solutions
What You Should Know: - rater8, a healthcare reputation management and patient feedback platform announced today the successful closing of their Series A funding round led by Elsewhere Partners. - The Series A investment will fuel rater8's growth, allowing them to expand their reach, strengthen partnerships, and enhance their award-winning software-as-a-service (SaaS) solutions. Capitalizing on the Growing Importance of Online Reputation The global online reputation management
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