As healthcare business leaders strategize for the post-pandemic world, one thing is evident: Digital transformation has just begun.
In fact, 81% of healthcare executives say the pace of digital transformation for their organization is accelerating, and 93% report that they are innovating with a sense of urgency and call to action this year, according to the Accenture Digital Health Technology...
CVS Health is looking to offer financial backing and strategic support to early-stage health technology companies with this week’s launch of its $100 million venture fund.
The fund, called CVS Health Ventures, plans to target disruptors in the digital health space that focus on making healthcare more accessible, affordable and simple, the company said in its announcement.
The company also...
Digital health startup K Health, in collaboration with and with backing from Blackstone Growth and Anthem, is launching a new joint venture aimed at increasing access to healthcare while making it more affordable.
Called Hydrogen Health, the new company will use K Health’s artificial intelligence technology to create digital healthcare solutions to the employer and consumer markets. It hopes to...
After the digital health sector raised $13.8 billion in capital last year, it’s no wonder that everyone from established life sciences companies to budding startups is looking for a way to break into the market.
Achieving success takes more than a clever idea though, and according to a McKinsey report based on the business strategies of six digital health startups, it takes six steps to build a...
The recently launched HIMSS Insights Special Edition - APAC digital health trendbarometer report provides readers insights on the state of digital health developments in the APAC region.
The findings are based on a survey conducted from October to December 2020 from 17 countries. The report includes insights from five healthcare technology experts on common upcoming priorities in digital health,...
This year has been like no other for many reasons, one of which was the unprecedented acceleration of digital health. The year 2020 has been marked with record-breaking fundings, mega-mergers and a wave of companies going public.
In fact, the third quarter of this year brought in more than $6.6 billion in health innovation funding, making the total funding for the year to date around $16 billion...
The U.S. population is getting older every year as more adults from the Baby Boomer generation hit the 65-and-older milestone.
Since 2010, the 65-and-older population has grown by over a third (34.2%), according to the U.S. Census Bureau, and by more than 3% between 2018 and 2019. This growth means that by 2030, one in every five Americans will be of retirement age.
As the U.S. population becomes...
The COVID-19 pandemic and all of the sweeping changes it brought with it was something that almost no one, including CEOs of major healthcare organizations, saw coming.
Sachin Jain, the president and CEO of SCAN Group and SCAN Health Plan, shared his experiences and takeaways from the rapid digital health evolution during the keynote speech at HIMSS’ Accelerate Health digital series Tuesday.
“For...
As older adults continue to adopt technology, digital health technologies will play an important role in helping them age in place, a new report from Rock Health predicts.
The report notes that although 77% of people over the age of 55 say they want to age in place, only 50% believe they will.
Barriers to aging in place can include home maintenance, lack of transportation and mobility, inadequate...
Historically, the majority of all venture capitalists have been white and male. Even today, according to the latest Rock Health report, only 12.6% of partners at digital health venture funds are women, and only 14% of digital health startup deals were closed by women in 2019.
Maria Velissaris, managing partner of Steel Sky Ventures, is an investor looking to help change this paradigm. She got a...
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