America should be a global leader in healthcare. Instead, we rank last among our peers, and outmoded regulations are holding us back. 

The post How Regulatory Ambiguity is Impeding Healthcare Innovation appeared first on MedCity News.

There is a growing urgency for alternative solutions that support consumers where they are, and this is where the promise of digital health can be transformative. 

The post Tech-Driven Healthcare: Paving the Way for Scalable Solutions  appeared first on MedCity News.

As we enter the digital era of healthcare at scale, we must redefine how we care for people … and how we evaluate that care.

The post Opinion: Why PHTI’s Recent Assessment of Digital Diabetes Management Tools is Inadequate appeared first on MedCity News.

Providence spun out its fourth digital health startup: Praia Health, a platform designed to build stronger relationships with patients by personalizing their healthcare journeys and connecting them to relevant resources and services. The startup also announced the closing of a $20 million Series A funding round led by Frist Cressey Ventures.

The post Providence Spins Out New Patient Engagement Startup With $20M in Funding appeared first on MedCity News.

A new report from the Peterson Health Technology Institute analyzed eight digital diabetes management tools. It found that the tools don’t provide meaningful clinical benefits and increase healthcare spending.

The post Report: Digital Diabetes Management Tools Fall Short appeared first on MedCity News.

This year’s digital health fundraising environment requires startups to focus more on their unit economics and pathway to profitability, according to Ian Wijaya, managing director at Lazard. He predicted that the ability to achieve profitability will be much more important in 2024 than it has been in the past four years or so.

The post Profitability Is King in 2024’s Fundraising Environment, Expert Says appeared first on MedCity News.

Executives at LRVHealth expect to see a continued focus on generative AI, increased enrollment in Medicare Advantage and more in 2024.

The post One VC Firm’s 5 Healthcare Predictions for 2024 appeared first on MedCity News.

CB Insights released a list of what it deems to be the 50 most promising digital health companies of 2023. The market research firm said that the startups on the list are working to improve four main aspects of healthcare: personalization, efficiency, equity and accessibility.

The post Which Digital Health Startups Shined the Brightest in 2023? appeared first on MedCity News.

Many digital health startups aren’t built with Medicaid members in mind. That’s why Health Net created a request for information process to help the insurer determine which startups are the best fit for its Medicaid population, according to Dr. Pooja Mittal, vice president and chief health equity officer at Health Net.

The post What One Medicaid Insurer Looks for From Potential Health Tech Vendors appeared first on MedCity News.

There are several ways to know if a digital mental health solution is working, including whether it has proven clinical outcomes or if it’s improving access to care, executives said during a panel discussion.

The post How Do We Know If Digital Mental Health Solutions Are Effective? appeared first on MedCity News.

Despite most insurer execs saying that digital transformation is a top priority, only 8% believe the majority of their staff embrace digital transformation, according to data from West Monroe.

The post West Monroe: 64% of Health Insurer Execs Say Digital Transformation is a Top Priority appeared first on MedCity News.

The INVEST Digital Health conference in Dallas, a collaboration between MedCity News and the Health Wildcatters accelerator, spotlights a wide range of hot topics in digital health, a startup pitch contest focused on femtech, and networking opportunities with investors and healthcare stakeholders. Register today!

The post Time Is Running Out to Register for MedCity INVEST Digital Health in Dallas on October 26 appeared first on MedCity News.

In the second part of the Heard at HLTH series, executives from BrightInsight, Iodine Software, Intelligent Medical Objects, Carrum Health, Clarify Health and Trayt Health shared new developments across their businesses and perspectives on value-based care at the HLTH 2023 event.

The post Heard at HLTH 2023: Execs Share Progress on Digital Health for Pharma, Hospitals, and Behavioral Health Care Coordination appeared first on MedCity News.

At HLTH, Bessemer investors Sofia Guerra and Steve Kraus detailed four predictions about where they think the digital health world is headed in 2024. One of these was that “services-as-software” will emerge as a new category of healthcare AI. Another was that some healthcare technology vendors will have to rethink their distribution models and rely on indirect monetization strategies.

The post 4 Ways Investors Think the Health Tech World Will Change in 2024 appeared first on MedCity News.

7wireVentures launched its largest fund to date on Tuesday — the closing of the $217 million digital health fund brings the Chicago-based firm’s assets under management to more than $500 million. Two-thirds of the new fund’s capital will be allocated to 7wireVentures’ existing portfolio companies for follow-up investments, and the remaining third will go toward Series B and Series C funding round for companies in which the firm hasn’t yet invested.

The post 7wireVentures Launches $217M Digital Health Fund appeared first on MedCity News.

Solera Health recently launched HALO, a platform that allows payers and employers to manage both Solera point solution partners and non-Solera point solutions in one place.

The post Solera Health Introduces New Platform To Reduce Point Solution Fatigue appeared first on MedCity News.

A new PitchBook report listed several predictions for digital health companies in regards to weight loss drugs, including the potential for new weight loss startups and possible challenges for existing nutrition companies.

The post Weight Loss Drugs Will Have Impact Far Beyond Just On Drugmakers appeared first on MedCity News.

The Peterson Health Technology Institute will function as an “independent evaluator” of digital health solutions. It will analyze solutions’ clinical effectiveness, how they’re affecting healthcare costs, their ability to improve health equity, and their privacy and security capabilities. 

The post Peterson Center on Healthcare Launches $50M Institute To Assess Digital Health Solutions appeared first on MedCity News.

Affect Therapeutics’ $16 million Series A funding round was led by ARTIS Ventures and included participation from AlleyCorp, CityLight, LifeArc Ventures, Samsung Next and What If Ventures. In total, Affect Therapeutics has raised about $26 million, said Kristin Muhlner, co-founder and CEO of the company.

The post Affect Therapeutics Secures $16M for Digital Addiction Recovery Platform appeared first on MedCity News.

Providers often have a checklist of requirements they use to determine whether they should bring new technology into their organization. Digital health startups would be wise to learn about these criteria when taking their products to market, said Meg Barron, the AMA’s vice president of digital health strategy, at a recent conference. That way, startups can build their products around meeting providers’ needs.

The post Why Digital Health Startups Should Embrace a Provider-Centric Approach, Per an AMA Exec appeared first on MedCity News.

A new cohort of startups has graduated from PharmStars, a digital health accelerator. This latest group focused on women’s health and health equity.

The post Women’s Health Startups Graduate from PharmStars Digital Health Accelerator appeared first on MedCity News.

Israeli health tech fund Shoni Health Ventures recently launched to invest in digital health and medical device startups that are in the pre-seed and seed stages of fundraising. The fund is affiliated with Sheba Medical Center, the largest hospital in Israel. Startups will have access to the hospital’s innovation center so that they can develop, pilot and commercialize their products.

The post New Israeli Health Tech Fund Launches to Invest in Pre-Seed and Seed-Stage Startups appeared first on MedCity News.

Numerous clinical, regulatory and financial factors are behind this digital shift in pharma. Regardless of the reasons, investors, pharma, and research organizations are recognizing that advanced digital health tools will be a significant competitive advantage and generate meaningful return on investment (ROI) in an industry that is becoming more personalized and specialized.

The post Pharma Injecting Life into Digital Health Amidst Funding Downturn appeared first on MedCity News.

Hospitals’ digital health adoption exploded during the pandemic, leading to many vendor contracts spanning three to five years. As these contracts reach their expiration dates over this year and next, a new report predicts that telemedicine platforms and remote patient monitoring tools face the highest risk of being turned over by hospitals.

The post Which Digital Health Tools Will Be the Greatest Victim to Turnover from Hospitals? appeared first on MedCity News.

A group of healthcare researchers and health system leaders recently proposed a new framework to evaluate evidence for digital health products. The framework seeks to provide hospitals, payers and trade organizations with a clear set of steps they can use to determine whether or not a digital health product is evidence-based and therefore suitable for their company to adopt.

The post Experts Release New Framework to Evaluate Digital Health Products appeared first on MedCity News.

Hyro — a New York-based startup selling a conversational AI platform for providers — recently closed a $20 million Series B funding round. The platform is “mostly plug-and-play” and requires minimal effort and resources from providers, CEO Israel Krush said.

The post Hyro Raises $20M for Conversational AI Assistant Used by Intermountain, Novant & More appeared first on MedCity News.

Global funding for digital health companies finally stabilized in Q1 of this year. The sector raised $3.4 billion — this marks the first time the digital health world didn’t experience a quarter-over-quarter funding decline since Q4 of 2021. By holding steady, digital health startups defied the dwindling fundraising totals seen across the broader venture capital landscape, where funding dropped by 13% quarter-over-quarter.

The post Digital Health Funding Steadied in Q1 After a Year of Decline appeared first on MedCity News.

It’s clear that services like telehealth and remote patient monitoring have potential to provide value within the healthcare industry, but hospitals and digital health companies need to show payers clearer evidence of the outcomes these care modalities can produce in order to earn reimbursement, panelists argued during MedCity’s INVEST conference.

The post Payers Need Clear Outcomes Data to Reimburse Digital Health, Experts Argue appeared first on MedCity News.

A panel during the MedCity News INVEST conference discussed what digital health technologies need to do to demonstrate return on investment for payers, providers, and other stakeholders.

The post Health Tech Startups Show Stakeholders How Digital Solutions Can Offer ROI appeared first on MedCity News.

Invite-only, in-person event series for industry leaders like you. Join us to uncover product and ML innovation with our guests and speakers.

The post Edge Impulse’s Edge ML Series: Explore How to Deploy Advanced Edge ML at Scale appeared first on MedCity News.