Can digital health help with healthcare worker burnout?
Across the past eighteen months, healthcare has experienced a significant workforce shortage. To address this crisis, 40% of surveyed health systems report they are quickly ramping up hiring. While it's not the only solution, digital health can help. Automated support for health system employees is on the way, and in the past month, workflow solutions Element5, Sirona Medical, and Clinify Health all raised funding rounds, joined by clinical care coordination software Wellbe last week. According to the Rock Health venture funding database, clinical workflow solutions already surpassed all of 2020’s $721M funding, with $868M secured through August 2021. We’re hopeful that these workflow technologies, coupled with other solutions, can alleviate some of the burden faced by our frontline workers.
Rock Health Summit is happening exactly one week from today. While the in-person experience is sold out, there are plenty of virtual tickets available!
Join us 9/14 for a dynamic afternoon of conversations on topics including how digital health can support public health and caregiving, why the infrastructure play is having a big moment, venture perspectives on the funding climate, and a new content series, "Spotlight on Innovations in Digital Health."
Headlines
Apple Plans Blood-Pressure Measure, Wrist Thermometer In Apple Watch
Smartwatch goals imply R&D investment in developing multiparametric digital signatures The Wall Street Journal
Brightline Expands Virtual Behavioral Health Support For Families Nationwide
Port co rolls out Brightline Connect HIT Consultant
Quantifying The Economic Burden Of Drug Utilization Management
A study regarding the effects on payers, manufacturers, physicians, and patients Health Affairs
Baxter To Acquire Medical Equipment Group Hillrom For $12.4B
Baxter will now own BardyDX following Hillrom’s acquisition Financial Times
Lyra Tackles Alcohol Use Disorder
Virtual therapy provider moves into more complex mental/behavioral health needs HIT Consultant
Elizabeth Holmes Theranos Trial Unfolds
What’s ahead for the embattled former unicorn’s leader STAT
Recent Funding
- Fitness wearable Whoop raises $200M
- Genomics technology provider Genome Medical pulls in $60M
- Automated software for therapists Alma adds $50M
- Healthcare marketplace for same day appointments Solv nets $45M
- Voice biomarker tech for mental health Ellipsis Health gets $26M
- AI medical data labeling company Centaur Labs snags $15M
- Digital care platform for disability support Joshin lands $3M
- Clinical care coordination software Wellbe grabs $2M