digital

Syra Health reports 47% revenue growth YOY and more digital health earnings

Syra Health, a healthcare technology company that provides tools to analyze population health, reported revenue of $1.7 million in the first quarter of 2024, compared to $1.2 million in the same period last year.  The company noted that its strong growth was due to its Population Health offering, which grew 212% year over year, and …

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Openstream.ai notches patent for multimodal AI-driven digital twin

Conversational AI organization Openstream.ai announced a new patent for automated digital twin technology that gives EVA, or enterprise virtual assistant, users the ability to utilize virtual assistants that are digital twins of human experts in their respective fields.  The digital twins share their human counterparts’ knowledge and unique personas and engage in empathetic, hallucination-free conversations …

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$1M funding for AI drug discovery for rare diseases and more digital health fundings

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, …

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Digital health leaders discuss their biggest takeaways from 2023

Leaders in the digital health space relayed to MobiHealthNews what stood out to them in 2023 as the year draws to an end. Many noted the meteoric rise of genAI in 2023 and expectations of growing adoption of the technology in 2024, emphasizing the importance of treading carefully as the tech is further implemented. Other …

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Q&A: The status of the Access to Prescription Digital Therapeutics Act

The Access to Prescription Digital Therapeutics Act, initially introduced in the U.S. Senate in 2022 and reintroduced in March of this year, aims to amend the Social Security Act to provide Medicare and Medicaid coverage and reimbursement for prescription digital therapeutics.  Jennifer Mathieu, senior vice president of professional and government affairs at the Academy of …

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Contributed: Medicaid unwinding highlights digital divide, creates urgency for accessible technology

2023 will be known, sadly, as the year millions of Americans were removed from Medicaid. As states reset their Medicaid eligibility rules post-pandemic, more rapid “unwinding” out of the gate is being seen than was predicted. Even though the public health emergency, which guaranteed continuous coverage for enrollees, just ended in May, 1,625,000 people on …

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QuantHealth hires former ConcertAI, Allscripts leader and more digital health hires

QuantHealth, an Israeli AI-enabled clinical trial design startup, announced David Dornstreich is joining the company as its general manager and chief commercial officer of U.S. operations, marking its entry into the U.S. market.  Dornstreich previously held the role of senior vice president of business development at healthcare data company ConcertAI, vice president of strategic initiatives …

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Adoption of digital therapeutics will require flexibility and patience

CHICAGO — During the Venture Connect panel on demystifying digital therapeutics at the 2023 HIMSS Global Health Conference & Exhibition here on Tuesday, panelists provided insights into the state of investments in digital therapeutics, the barriers to adoption, challenging existing standards of care and how success in the sector requires patience and persistence.  “Very recently …

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Employer health benefits company Gravie scores $179M and more digital health fundings

Employer health benefits company Gravie has garnered a whopping $179 million equity investment from General Atlantic with participation from existing investors AXA Venture Partners and FirstMark Capital.  The Minneapolis-based company offers small and medium-sized businesses a health plan called Comfort, which it calls a comprehensive plan with zero copays on most common healthcare services such …

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Digital musculoskeletal company Hinge Health launches in-person home care

Digital musculoskeletal care company Hinge Health announced Tuesday it would expand into in-person care with a physical therapy house call service. The offering will first launch in Chicago followed by a nationwide rollout. Hinge is pitching the home option as a complement to virtual care, arguing in-person evaluations could improve patients’ digital experiences. “As the …

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