October 11, 2021 I Issue #130
Editor’s note
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This Week in Digital Health Markets
Apple dreamed of making healthcare easy. Then it silenced its medical experts.
Apple wants to make health its greatest contribution to mankind. It’s struggling to pull that off. Business Insider
Geisinger CIO: Digital Tech a ‘Game Changer’ for Health Care
At Geisinger Health, AI and facial recognition are just two of the advanced technologies elevating the customer experience, according to CIO John Kravitz. The Wall Street Journal
Smartphones could be used to detect depression, Verily finds
A study published by Verily researchers showed that some smartphone metrics, such as sentiment in weekly voice diaries, matched up with the severity of users’ depression as determined by PHQ-9 scores. MedCity News
Mount Sinai, Empire BlueCross BlueShield to extend access to home-based care models
Empire members will gain access to three Mount Sinai Health System care models, which enable patients to opt for in-home care when medically appropriate. MedCity News
Company CIO Blackford Middleton wrote in a LinkedIn post that the healthcare collaboration software vendor had “run out of runway” in terms of funding and resources. Healthcare IT News
Insights & Research
Women’s digital health rakes in $1.3B in 2021 buoyed by investor interest in more integrated care
Digital health startups focused on women’s health care pulled in $1.3 billion in funding across 26 deals so far in 2021—nearly doubling all of 2020’s funding with four months still left to go. Fierce Healthcare
‘Mega-mergers’ dominated in 2021, analysis finds
Fewer hospital mergers and acquisitions so far in 2021 is offset by a high percentage of “mega-merger” transactions, according to a new analysis. Modern Healthcare
This Week in The Big Unlock Podcast
Amit Phadnis, Chief Digital Officer of GE Healthcare reflects on how a geographical transition and a change in domain from IT networking to healthcare has worked out for him and shares his learnings from this shift.
Previous episodes
Patient home is the new healthcare hub today
Amber Fencl, VP of Digital Health and Engagement at Novant Health, discusses how innovations in technology are driving healthcare and enabling its seamless, effective delivery into patients’ homes today.
Go to podcast archives
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Events
Capture Consumers Where They Are: New Digital Patient Acquisition Strategies
In this webinar, our CEO Paddy Padmanabhan will draw on his expertise guiding health systems through digital transformation to highlight challenges on the path to digital maturity. Upcoming
Digital Transformation in Healthcare: Reimagine Patient Journeys Through Whole-Person Care
In this webinar, Paddy Padmanabhan and Craig Thomas of Sanitas USA, will discuss how the pandemic has amplified the need to accelerate the transformation of provider organizations, the barriers that hamper providers from achieving success, and more. Upcoming
Chart of the week
Damo Consulting Thought Leadership and Research
A new effort to tackle the thorny issue of interoperability and digital health adoption. Paddy Padmanabhan shares his thoughts in this piece. STAT News
What do frontline caregivers want from digitized healthcare?
This article explores the impact and effects of digital transformation on frontline caregivers and what they want from digitized healthcare to make a difference in their lives as caregivers. Article
Is healthcare too hard for Big Tech firms?
With Google Health and Apple both reported to be, respectively, closing down and scaling back their healthcare efforts, it’s worth asking just how disruptive consumer technology companies can be in this hugely complex and fragmented industry. Blog
The book by Paddy Padmanabhan that provides actionable insights on developing enterprise digital roadmaps and implementing digital health solutions at every touchpoint in a consumer’s journey. Book
Digital Health Funding, M&A
Devoted Health raises a record $1.2 billion to expand care for older Americans
Devoted Health, a startup using technology to provide better care for older Americans, raked in $1.23 billion in Series D funding, marking a record haul for a health tech business and one of the largest sums raised by any venture at such an early stage. STAT News
Q3 2021 digital health funding: To $20B and beyond!
This article analyses how 2021’s funding swell is changing market expectations and empowering investors to venture outside of historical funding patterns, with more dollars going toward women-led companies, women+ digital health, and health equity solutions. Rock Health
Report: Walgreens considers acquiring health IT company Evolent
Walgreens is considering buying Evolent Health, which makes software to help providers manage their value-based care programs, according to a recent report by Bloomberg. MedCity News
Twin Health raises $140M to manage diabetes, other chronic conditions
The startup, which says it uses “digital twins” to help people manage their diabetes, recently raised a series C round led by ICONIQ Growth. MedCity News
Note: Some of the articles linked in this newsletter may be behind paywalls that need a subscription.
