THE HEALTHCARE DIGITAL TRANSFORMATION LEADER

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Paddy Padmanabhan

The Healthcare Digital Transformation Leader Weekly Newsletter: Issue #130

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October 11, 2021 I Issue #130

Editor’s note

This newsletter is prepared every Monday by the Damo Consulting research and insights team to provide you with a recap of the last week and help you plan your week ahead. Please share this email with your colleagues and friends in the industry and encourage them to subscribe to the newsletter.

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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 

Apervita ceases operations

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

Traditional care relationships cannot be replaced, but virtual care can provide extra support to patients Darshak Sanghavi, MD, Global Chief Medical Officer of Babylon Health talks about how digital healthcare providers can deliver on the sales promise they make about bringing affordable and accessible healthcare to everyone.

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

First they targeted generic drugs. Now a group of hospitals wants to build a better digital health marketplace

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

Healthcare Digital Transformation – How Consumerism, Technology, And Pandemic Are Accelerating the Future

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.

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THE HEALTHCARE DIGITAL TRANSFORMATION LEADER

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THE HEALTHCARE DIGITAL TRANSFORMATION LEADER

Join the digital healthcare revolution. Stay on top of the latest news, trends, and insights with Damo Consulting.

Sign me up for the latest news, trends, and insights from Damo.

THE HEALTHCARE DIGITAL TRANSFORMATION LEADER

Join the digital healthcare revolution. Stay on top of the latest news, trends, and insights with Damo Consulting.