HLTH22 Day 1 News Summary: Google, Maven, Highmark, LG, Others

Venture Capital, Private Equity Funding

Maven Clinic Secures $90M to Advance End-to-End Family Care Platform

Maven Clinic, the largest virtual clinic in women’s and family health raises $90 million Series E funding bringing its total funding to $300M. Maven plans to use the latest round of funding to advance its end-to-end family care platform to enable deeper personalization to meet the diverse needs of women and families everywhere.

Curavit Raises $5M for Digital Therapeutics Clinical Research

Curavit Clinical Research, a virtual contract research organization (VCRO) that specializes in decentralized clinical trials (DCTs) raises $5M in Series A funding to accelerate its growing portfolio of research in the global digital therapeutics (DTx) market. The new funding will be used to expand the company’s DCT capabilities, partnerships, and market adoption of Curavit’s virtual CRO services and platform for prescription and non-prescription digital therapeutics trials.

Strategic Partnerships

Highmark Health, Google Cloud, League Launches Digital Health Platform

Highmark Health, Google Cloud, and League unveiled their collaboration on an interoperable, digital health platform that makes it simple for individuals to navigate healthcare and connect to the right tools and resources when and where they need them. The navigation technology can be envisioned as a “digital front door” to a holistic customer experience and will initially be integrated into a new My Highmark health insurance member portal and mobile application.

COTA and Google Partner to Use NLP to Harness Unstructured Oncology Data

COTA, Inc., an oncology real-world data and analytics company announced a partnership with Google Cloud to bring clarity to unstructured oncology data through the latest advancements in machine learning and natural language processing. In collaboration with Google Cloud, COTA will look to augment manual, human-led abstraction with technology-first abstraction and curation best practices. This approach will, over time, provide access to even more advanced data elements that may be buried in unstructured notes. 

Google Health – MEDITECH Collaboration Advances to Pilot Phase, Early Adopters

MEDITECH and Google Health announced that DCH Health System and Mile Bluff Medical Center are early adopters in the pilot phase of their clinical search solution collaboration.The solution will embed the Google Health search and summarization capabilities to create a longitudinal view of a patient’s health history directly within the clinical workflow of MEDITECH’s Expanse EHR.

Cerner & Labcorp Partner to Manage Hospital Labs in 10 States

Nuance and NVIDIA Bring Medical Imaging AI Models Directly into Clinical Settings

 Nuance Communications, partners with NVIDIA to put artificial intelligence (AI)-based diagnostics tools directly in the hands of radiologists and other clinicians at scale for the first time. The partnership will enable the validation, deployment, and evaluation of medical imaging AI models with the combined power of the Nuance Precision Imaging Network (PIN) – an AI-powered cloud platform that delivers patient insights from diagnostic imaging into clinical and administrative workflows – and MONAI, which is an open-source and domain-specialized medical-imaging AI framework co-founded and accelerated by NVIDIA.

New Product/Platform/Capabilities

LG Launches Virtual Care Solution with Amwell to Address Hospital Workforce Shortages

 LG Electronics announced its first joint solution with digital healthcare enablement leader Amwell®, designed to expand the boundaries of digital health innovation and address a major issue faced by hospitals across the country – workforce shortages. Carepoint™ TV Kit, by LG and powered by the Amwell Converge™ platform, leverages existing LG healthcare TVs in patient rooms to allow providers to remotely engage, monitor and discharge patients, thereby reducing healthcare professionals’ workload. 

Bamboo Health Launches Real-Time Care Intelligence Platform

Bamboo Health unveils its new Real-Time Care Intelligence™ platform and Smart Signals™ care coordination network to drive whole-person care across the spectrum of physical, behavioral and social health needs. The network improves more than 1 billion patient encounters a year across more than 2,500 hospitals, 8,000 post-acute facilities, 25,000 pharmacies, 32 health plans, 50 state governments and 1 million acute and ambulatory providers. 

Twilio, Healthfirst Launch CDP for Health Plans and Providers

Twilio, the customer engagement platform that drives real-time, personalized experiences for today’s leading brands, today announced the general availability of Twilio Segment for Healthcare & Life Sciences, a HIPAA-eligible customer data platform (CDP) that can improve patients’ experiences and health outcomes by unifying Protected Health Information (PHI) data across their entire care journey.

NuraLogix Researchers Announce the Capability to Assess Type 2 Diabetes and Blood Biomarker Health Issues Using Any Video-Enabled Device

Researchers at NuraLogix, a global pioneer of contactless health monitoring through its patented Transdermal Optical Imaging (TOI™) technology adds the ability to perform metabolic and blood biomarker health risk assessments for various chronic conditions to its AnuraTM platform. As a first for video-based contactless health monitoring, the new capabilities add to the existing health and wellness measurements* Anura™ can assess from a 30-second video selfie, including the ability to accurately measure blood pressure.

Research Findings

Notable Survey: 61% of Patients Skip Medical Appointments, Due to Scheduling Hassles

61% of patients surveyed said that they skipped going to the doctor in the past year because scheduling an appointment was too much of a hassle, according to a new survey from intelligent automation company Notable Health. The survey data was gathered as part of the company’s annual State of Automation Report, established in 2022 to benchmark the attitudes of patients toward technology and automation. Conducted by OnePoll March 3-5, 2022, it had 1,005 patient respondents.

70% of respondents agreed that in the past year they have tried to schedule a healthcare appointment online via a patient portal, website, or an app but were redirected to call a phone number to finish scheduling. In addition to challenges with scheduling appointments, the survey revealed increasing patient frustration with time spent waiting to see their doctor. Respondents reported spending an average of 28.8 minutes waiting before they can see a doctor, up from an average of 18.2 minutes in 2018 – in spite of increased technology investments by healthcare providers to streamline pre-visit registration and intake. 

contract research
diagnostics
therapeutics
cro
medical
wellness
life sciences
healthcare
imaging
diagnostic
health
hospital
prescription
device
digital health
artificial intelligence
ai
machine learning
application
mobile
venture capital
private equity