Author: MobiHealthNews

Partnerships between pharma and healthtech have great potential—but delivering on those partnerships requires overcoming challenges. Expectation and communications can sometimes make effective collaboration difficult. Listen as Ameya Phadke, patient non-pharma solutions leader at Chiesi Group, Dennis Hermann, Head of Europe at Kaia Health and Dan Weinstein, associate principal digital medicine practice lead at ZS, discuss how these partnerships can work successfully and what broader trends they see relating to these partnerships. You’ll learn more about: Key considerations for entering, maintaining and managing partnerships from both pharma and healthtech companies’ points of view What works well—and what doesn’t—in these partnerships, and…

Direct-to-consumer virtual care company Hims & Hers Health reported 57% year-over-year revenue in the third quarter of this year at $226.7 million, compared to $144.8 million in the same period last year.   Net loss was $7.6 million in Q3 this year, down from $18.8 million in Q3 last year, and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) was $12.3 million, compared to a $6.1 million loss in 2022’s third quarter.   The company gained 1.4 million new subscribers in Q3 2023, up 56% from quarter three last year. The California-based company raised its full-year revenue guidance for 2023 to…

Royal Philips received an additional $44.6 million from the Bill and Melinda Gates Foundation, bringing its total received to $60 million, to support the global deployment of the tech giant’s AI-enabled, FDA-cleared Lumify Ultrasound System. In 2021, Philips received an initial grant of $15.4 million from the Gates Foundation to develop AI-enabled applications to improve obstetric care in low- and middle-income countries, focusing on underserved communities.  Philips developed its AI to help frontline health workers, such as midwives, identify possible complications during pregnancy.  The tool, which uses informatics, digitization and AI to supply operators with an interpretation of image results,…

Retail giant Walmart’s healthcare arm, Walmart Health, announced that it has signed coordinated care agreements with Florida health insurer Ambetter from Sunshine Health and Orlando Health, a Florida-based network of community and specialty hospitals. Walmart Health centers offer labs, primary care, x-rays and EKG, dental, behavioral health and select specialty services seven days a week with telehealth options available.    Through its agreement with Ambetter Health, Floridian members of the Ambetter Value Plan in Orange, Duval, Clay, Hillsborough, Osceola, Seminole and Pasco counties can obtain care coordination and referral management services through Walmart Health Centers as a preferred provider.  Ambetter Health…

Virtual reality-based mental health company XRHealth revealed plans to send a VR headset to space for mental health treatment during an upcoming space mission launching on November 7. In collaboration with Nord-Space Aps and HTC Vive, XRHealth engineered the Vive Focus 3 headset to withstand the conditions of space by using a simulator mode and specialized tracking methodology through the controllers to ensure effective operation in a microgravity environment. To tackle the behavioral health challenges astronauts often face, Nord-Space Aps introduced a unique initiative called “virtual assistance mental balance” to cater to astronauts’ specific mental health needs while in orbit.…

As Vice President, Joe Biden launched the Cancer Moonshot intending to accelerate progress in cancer treatments and accessibility, and as President, Biden reignited the Moonshot last year. Earlier this year, as part of the Moonshot, the Department of Health and Human Services launched CancerX, a public-private partnership effort to boost cancer innovation in the U.S.  The Digital Medicine Society (DiMe) and Moffitt Cancer Center co-host CancerX, and Jennifer Goldsack, CEO of DiMe, sat down with MobiHealthNews to discuss the current state of the initiative and what is in store regarding further adoption of digital health solutions within the accelerator.  MobiHealthNews:…

Jolly Good developing CBT VR for Apple Vision Pro Japanese medical VR provider Jolly Good has announced that it is developing a virtual reality-based cognitive behavioural therapy (CBT) programme for the spatial computer Apple Vision Pro.  The CBT VR on the Apple Vision Pro is intended to complement chronic pain treatment using opioids or serve as an alternative non-drug therapy. Similar VR-based digital therapy will also be developed for other psychiatric disorders in the future. This announcement comes as the company recently set up a subsidiary in North America to usher its expansion in the region. New mobile app in Hong…

Digital gastrointestinal health company Vivante Health has signed a national distribution contract with health insurer UnitedHealthcare , becoming the first digestive solution on the UHC Hub.  Vivante’s GIThrive platform provides personalized care plans and allows patients to track their symptoms and access educational content and self-guided behavioral health modules. A coordinated team of providers is also available through the outlet, including coaches, dietitians and health physicians. The Illinois-based will be available to UHC customers, including its self-funded employers. It becomes the first digestive health offering on the UHC Hub, which provides a network of vendors assisting organizations in selecting, managing…

Viome Life Sciences, maker of at-home tests for gut and immune system health,  announced it has acquired digital health and wellness data company Naring Health, including its subsidiaries DiscernDX and Foodome.  Viome is split into two divisions, one selling consumer products like microbiome tests that provide diet recommendations and supplements, and the other focused on identifying biomarkers for chronic diseases to help with prediction, early detection and precision therapeutics.  The company utilizes AI and a gene expression database to develop home-based tests, including a total body intelligence test for users to obtain food recommendations and create custom-formulated supplements and probiotics…

IKS Health, a technology-backed care enable platform that offers administrative, clinical and operational support, announced it acquired tech-enabled medical coding, clinical documentation and revenue support company AQuity Solutions for $200 million.  IKS’ platform includes technology and services for clinical support, revenue optimization, digital health and value-based care.  The company said the acquisition will allow it to scale its AI solutions with guidance from Reinforced Learning Through Human Feedback (RLHF) thanks to AQuity’s datasets.   The combined company will operate under the name IKS Health. It will have an annual revenue of more than $330 million and a global workforce of more…