December 20, 2021 I Issue #140
Editor’s note
This weekly newsletter is brought to you by the Damo Consulting research and insights team.
Was this forwarded to you? Subscribe to receive it directly in your inbox on Mondays.
Questions or feedback? You can also reply to this email.
Digital Health in the News
An agreement, which could potentially be worth $30 billion, would rank as biggest ever for software giant. The Wall Street Journal
Duke, Mayo Clinic, others launch innovative AI collaboration
The goal of the partnership, which also includes UC Berkeley and DLA Piper, is to build a baseline understanding and confidence in a wild-west software market and allow for safer, more responsible deployment of AI and machine learning algorithms. Healthcare IT News
Amazon shakes up healthcare strategy in 2021: A timeline of key developments
Amazon strengthened its healthcare presence in 2021, from expanding its health centers to launching new products to inking partnerships with hospitals and health systems. This piece provides a timeline of the tech giant’s key healthcare moves in 2021. Becker’s Hospital Review
More than 70 healthcare organizations commit to digital health equity
More than 70 healthcare organizations have signed a Digital Health Equity Pledge from Executives for Health Innovation, the independent Washington, D.C.-based nonprofit announced. Becker’s Hospital Review
Epic enables location services with Mapquest integration
Company representatives say the partnership will help patients find conveniently located clinicians and assist home health providers with getting to their destinations. Healthcare IT news
Cigna drops Livongo as preferred digital health tool
One of the largest health services businesses in the U.S. dropped Livongo from preferred status in its digital formulary, with the move coming as the digital health startup’s ongoing merger with telehealth provider Teladoc Health reportedly hits bumps in the road. Modern Healthcare
This Week in The Big Unlock Podcast
Richard Ashworth discusses why senior fitness is an important space and brimming with opportunities waiting to be capitalized.
Our Top 10 Podcast Episodes of 2021
Listen to the playlist here.
Go to podcast archives
We thank our partners and sponsors for their support in bringing you high-quality content
Insights & Research
Health tech’s sky-high projections in 2021 have already been punctured
The health technology sector has seen extraordinary enthusiasm among private and public investors this year. In 2021, investments have so far totaled $23.8 billion, nearly tripling 2019’s tally. STAT News
Consumer adoption of telemedicine in 2021
Rock Health’s 2021 Digital Health Consumer Adoption Survey found an increase in live video telemedicine and a decrease in satisfaction with telehealth compared with in-person care. Rock Health
Events
Today in Health IT podcast with Paddy Padmanabhan at the CHIME Fall Forum 21
In this podcast, Paddy Padmanabhan discusses the state of digital health and how it will play out in healthcare with host Bill Russell. Podcast Recording
Digital Transformation in Healthcare: Reimagine Patient Journeys Through Whole-Person Care
In this webinar, Paddy Padmanabhan and Craig Thomas of Sanitas USA, 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. View the session recording here. Session recording
Chart of the week
Source: STAT News
Damo Thought Leadership and Media Mentions
The Cambrian explosion driving digital health and digital transformation
The Cambrian explosion refers to an intense burst of growth in life forms on earth during a relatively short time in the Cambrian period, over 500 million years ago. Today, we are witnessing a similar explosion in digital health solutions. Blog
The future of patient data: 3 pillars of successful analytics implementation
In the COVID-19 era, health systems recognize that existing data infrastructure is inadequate. Here are the three things large datasets need to be useful. 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
Other Stuff We're Reading
Will We All Soon Live in Cancerland?
New technologies promise to help us discover more cancers in time to treat them. But they also risk ushering even the well into an all-encompassing kingdom of the ill. The Wall Street Journal
5 Critical Priorities for the U.S. Health Care System
Since early 2020, the dominating presence of the Covid-19 pandemic has redefined the future of health care in America. It has revealed five crucial priorities that together can make U.S. health care accessible, more affordable, and focused on keeping people healthy rather than simply treating them when they are sick. HBR
20 hospital execs’ most thought-provoking quotes on health IT in 2021
From their thoughts on “hospital-at-home” programs to technologies hospitals should adopt to how to improve health equity, here are 20 quotes about innovation in health IT that hospital executives shared with Becker’s Hospital Review in 2021. Becker’s Hospital Review
Kaiser Permanente CDO on health care digital transformation
Most leaders who talk about a digital transformation like to highlight companies building innovation from the ground up. VentureBeat
Digital Health Funding, M&A
Is this a bubble? Digital health execs on funding in 2021
Digital health companies raised a lot of money this year. Executives and company leaders weigh in on the big funding numbers and the effects on the industry. MobiHealth News
Big data startup Innovaccer nabs $150M, catapults to $3.2B valuation
Data-driven healthcare startup Innovaccer has landed $150 million in a series E round, adding nearly $2 billion to its valuation. Fierce Healthcare
RPM company Cadence scores $100M, boosting valuation to $1B
The company emerged from stealth in August with $41 million. MobiHealth News
Insurtech platform HealthCare.com banks $180M, boosts valuation to $1B
Insurtech platform HealthCare.com has closed a $180 million funding round for its AI-powered tools that connect consumers to health plans, boosting the company’s valuation to more than $1 billion. Fierce Healthcare
Phreesia is excited to announce it has acquired Insignia Health, LLC, a founder-led and mission-oriented company dedicated to improving health outcomes through patient activation. The acquisition is a natural extension of Phreesia’s commitment to enabling patients to become more active participants in their care. Business Wire
Note: Some of the articles linked in this newsletter may be behind paywalls that need a subscription.