San Francisco-based Hinge Health has completed a randomized control trial of its digital care program for chronic knee pain. Results were promising, with users of the digital platform outperforming the control group in every outcome measure, though there was some loss of engagement among the study group.
Eye telemedicine company Simple Contacts announced it raked in $16 million in Series B funding at the end of last week. The latest round, which was led by Waypoint Capital Partners with participation from returning investors Goodwater Capital, Steven Cohen, executives from Flatiron Health and a number of ophthalmologists, brings the company’s total funding to $26 million.
In the first year of CMS’ Merit-based Incentive Payment System (MIPS), CareCloud, an EHR and practice management software company that offers a MIPS Success Guarantee Program to its users, is reporting that 100 percent of its physicians are avoiding penalties under the program — and nearly half are receiving additional bonus payments.
The American Heart Association, the University of Pittsburgh Medical Center, and healthcare tech company Royal Philips have partnered to finance a new $30 million venture fund, according to a statement. Called Cardeation Capital, the fund will be managed by Aphelion Capital, a healthcare and medical tech VC firm, and focused on promoting innovative technologies targeting heart disease and stroke care.
The British government is now turning to artificial intelligence as an avenue for early cancer and chronic disease detection. This morning, Prime Minister Theresa May announced plans to invest in AI technology development for the healthcare sector as part of her industrial strategy. The plans aim not only to improve healthcare but to grow the country's AI industry.
This morning, the employee wellness and health engagement platforms Virgin Pulse and RedBrick Health announced that they are merging under the Virgin Pulse name. The merger comes after Marlin Equity Partners' acquisition of RedBrick Health last week and Virgin Pulse today, both for an undisclosed sum.
Sanofi’s approach to digital health is broad, but focused, Rachel Sha, the company’s vice president of digital business development and licensing, told MobiHealthNews in an interview ahead of the upcoming BIO 2018 conference in Boston, where Sha will be speaking on a range of digital health-related topics.
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