HIT Consultant

UnitedHealthcare Awards $11M in Grants to Address Social Determinants of Health

– Health insurer UnitedHealthcare has donated $11M in grants to nonprofit organizations across 11 states. – These grants are part of our Empowering Health program focused on expanding access to care and addressing the social determinants of health (SDoH) for people in underserved communities. These grants assist individuals and families experiencing challenges from food insecurity, social isolation and behavioral health issues, and support local health promotion and health literacy efforts.
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Signal AI Acquires Healthcare Rep & Risk Insights Platform Kelp

Signal AI, the leading global External Intelligence company, today announces that it has acquired US company KELP Inc., the first actionable platform for corporate reputation. Financial details of the acquisition were not disclosed. The healthcare industry is defined by reputation and trust. And through this acquisition Signal AI will now...

FundamentalVR Raises $20M for VR Surgical Simulation Platform

– FundamentalVR has raised an additional $20M to significantly accelerate medical skill-transfer and increase surgical proficiency through its world-leading medical simulation platform, Fundamental Surgery. – The funding was led by EQT Life Sciences investing from the LSP Health Economics Fund 2 and joined by prior investors Downing Ventures. The new...

H1 Launches AI-Powered and Evidence-Based Interactions

– H1, launches an update to its flagship product, HCP Universe, the daily resource for global medical affairs and medical science liaison (MSL) teams. – New features include a mobile app, Next-gen Smart Search capabilities built on an expansive knowledge graph, out-of-the-box insights tailored to inform MSL and Headquarter decisioning, and AI-powered notifications to improve and accelerate quality HCP engagement.

Abridge Secures $12.5M to Power AI-Powered Medical Conversations

– Abridge, the leader in medical conversation artificial intelligence (AI), today announced an oversubscribed $12.5M Series A-1 led by Wittington Ventures. – The round also had participation from all existing investors including Union Square Ventures, Bessemer Venture Partners, Pillar Venture Capital, and UPMC Enterprises, and new investors including Turing Award winner Yoshua Bengio, and Whistler Capital.

Teladoc Brings At-Home Diabetes Testing for Members

– Teladoc Health recently added an at-home A1C testing program to its chronic care solution, making it easier for members to manage their diabetes while also bridging health equity gaps in chronic condition care. – Livongo by Teladoc Health members will have the option to receive at-home A1C tests provided...

Astellas Pharma Selects Verizon to Transform Global Network

– Verizon Business has announced that it has been selected to build and manage Astellas Pharma Inc’s (Astellas) global network infrastructure. – Today’s announcement builds on the company’s network-as-a-service foundation and supports its private networks, mobile edge compute and business solutions vectors of growth. The Japanese multinational...

Intel Invests $20M in Biofourmis’ Virtual Care Offerings

– 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...

Healthcare Companies on the Stock Market

Good healthcare and the financial sector cannot be separated entirely, even when their base motivations lie in different directions. While the medical sector should focus more on the health of the patients instead of consumerism, a good amount of capital is needed to ensure a functional system. Naturally, we can...

Welcoming Patients Through The Digital Front Door

When patients contact their healthcare providers, they look for efficiency, convenience, and compassion. But often, the reality is far more clunky and impersonal when they find that an out-of-date phone system or a long hold queue are their only options. The secret to giving patients a more user-friendly experience and...

CVS Health in Talks to Acquire Signify Health

– Signify Health is exploring strategic alternatives including a sale, according to a Wall Street Journal report. Initial bids are due this coming week. Additional companies are also in acquisition discussions with Signfiy Health, and CVS could face competition from other managed-care providers and private-equity firms. – The potential Signify...

Availity to Acquire Diameter Health to Expand Clinical Data Interoperability

– One of the nation’s largest real-time health information networks Availity announced an agreement to acquire Diameter Health, a national leader in clinical data quality and interoperability. – This strategic deal expands Availity’s clinical portfolio to deliver the strongest integrated clinical and claims data network and interoperability platforms in...