Digital Health

Patient sitting next to a healthcare provider and looking at a tablet
By  Jessica Hagen 09:39 pm December 26, 2023
Carrum Health, a digital marketplace for employers to purchase bundled healthcare services, announced it has partnered with Florida Cancer Specialists & Research Institute to offer employers in Florida breast cancer care services. Carrum Health offers a value-based platform that allows self-funded employers to buy specialty care, focusing on surgical and cancer care. It provides a digital...
Jay Rughani, investment partner at Andreessen Horowitz
By  Jessica Hagen 12:41 pm December 26, 2023
Note: Andreessen Horowitz says views expressed by its employees are their own and should not be taken as investment advice. More details at https://a16z.com/disclosures/. As 2023 comes to a close, Jay Rughani, investment partner at Andreessen Horowitz, joined MobiHealthNews to discuss his takeaways from the year, noteworthy events, recommendations for regulators forming rules around AI in...
Business people closing a deal after a meeting
By  Adam Ang 12:48 pm December 22, 2023
Indian AI drug discovery firm gets $1M to focus on rare diseases Peptris Technologies from Bangalore, India has received $1 million in pre-seed funding in a round led by Speciale Invest. In a statement, the AI-driven drug discovery company said it will use its fresh funds to expand its research scope to cover rare diseases, adding to its existing work in cancer and inflammation.  Cipla raises...
Healthcare provider in green scrubs wearing a stethoscope around their neck while looking at a tablet
By  Jessica Hagen 01:12 pm December 21, 2023
GuideHealth, an AI-enabled value-based care provider for health systems, announced it acquired healthcare data analytics company Arcadia's value-based care services division and managed services organization. The company also announced it signed an agreement with Arcadia to leverage its data analytics platform to power the acquired offerings, which will work in conjunction with its predictive and...
Soldier in uniform with his back turned while hugging someone not in uniform
By  Jessica Hagen 02:47 pm December 20, 2023
California-based virtual reality therapeutic company AppliedVR announced it secured an expanded contract with the U.S. Department of Veterans Affairs via its Office of Healthcare Innovation and Learning, dubbed VA Immersive, to provide veterans with VR-based chronic low back pain therapies.  AppliedVR's RelieVRx (formerly EaseVRx) received FDA De Novo clearance in 2021 to be used in the treatment...
Employees sitting around and looking at something
By  Jessica Hagen 11:54 am December 20, 2023
Employer Direct Healthcare, a network company for employers who self-fund healthcare coverage, announced it garnered $92 million in secondary investment from Insight Partners, bringing its valuation to $1 billion.  Existing investors Redmile Group, Dundon Capital and Serent Capital will continue to receive ownership interest in the business.  The company also announced the hiring of numerous...
Healthcare provider wearing scrubs and a face mask while looking at a computer screen
By  Jessica Hagen 02:26 pm December 19, 2023
LUMA Vision, maker of a 4D cardiac imaging and navigation platform that uses machine learning, announced it secured $22 million in Series A3 financing.  The round was led by existing investors ABV Uni Fund, imec.xpand and EQT Lifesciences, and included new investors Bayern Kapital, Atlantic Bridge Growth Fund and an undisclosed strategic investor.  WHAT IT DOES LUMA, which spun out of Trinity...
Two people standing in front of a large white board that has graphs on it
By  Jessica Hagen 07:36 pm December 18, 2023
Digital health executives predict funding in 2024 will increase for companies with platforms proven helpful for healthcare providers and patients, while those not showing value will be forced to dissolve.  Leaders also relayed to MobiHealthNews that mergers and acquisitions will be prominent in the digital health industry, and genAI companies may take center stage when garnering funding.  ...
Healthcare providers sitting in by a window while looking at a computer
By  Nathan Eddy 01:23 pm December 18, 2023
At the HIMSS AI in Healthcare Forum in San Diego on Dec. 14, a group of panelists outlined tactical pathways to artificial intelligence adoption and investment, including how to maximize impact and decisions around adopting existing tools or building new AI infrastructure. Anne Snowdon, CEO of Scan Health and chief research officer at HIMSS, said that determining strategic priorities and setting...
Healthcare provider looking at screens
By  Dr. Liz Kwo 02:27 pm December 15, 2023
The emergence of artificial intelligence (AI) in healthcare is the result of increased demand for tailored healthcare solutions, lower costs, higher accuracy pertaining to medical decisions and diagnosis to improve patient health outcomes.  With an estimated valuation of $15.1 billion for the global market in 2022, AI in healthcare is an irreversible process that is already reshaping medicine and...