Innovations “R” Us

When talking about health equity and underserved populations, it’s easy to overlook children. But today, children in the U.S. are more diverse by race and ethnicity than prior generations, are facing rising rates of mental health and metabolic conditions, and are disproportionately impacted by care barriers like Medicaid disenrollment. Improving children's health is an investment in the future. In Rock Health Advisory’s latest piece, we map recently-funded digital health startups addressing pediatrics to identify hot spots of investment (mental health, care delivery) and white spaces for innovation (obesity health, child-focused digital devices). We also lay out key guidelines for leaders to address pediatric innovation, like considering the critical role of schools and being mindful of nuances in pediatric data management. While the market is evolving, the old adage still rings true—it takes a village to care for a child. Read on to learn more about the opportunity for leaders from healthcare organizations and startups to work together to support meaningful change.

Headlines

Sam Altman, Proponent Of ChatGPT In Medicine, Is Out At OpenAI
The generative AI leader is expected to take a role at Microsoft Modern Healthcare

White House Establishing Initiative Focused On Women’s Health Research
Recommendations to advance women’s health research will be delivered within 45 days The Hill

Forward Health Launches CarePods, A Self-Contained, AI-Powered Doctor’s Office
3,200 autonomous stations could be deployed within the year TechCrunch

Hospital Systems Have To Decide: Do They Want To Be Apple Or Android?
Sean Duffy of Rock Health port co Omada weighs in on health systems’ technology strategies STAT

Instacart, DoorDash Now Allowing Users To Buy Health Items Using HSAs, FSAs
Home delivery makes it easier to use healthcare funds, capitalizes on food as medicine momentum Fierce Healthcare

Recent Funding

  • Koya Medical ties down $30M for its dynamic compression sleeve technology 
  • AristaMD snaps up $16.5M for its virtual consult and referral management solution
  • Mindful drinking accountability tool Sunnyside collects $11.5M
  • Injectsense bags $9.4M for its passive implantable sensor to monitor vitals and biometrics
  • Payment integrity and claims processing platform CoverSelf seeds $8.2M
  • Fortuna Health brings in $4M for its digital Medicaid navigation solution
  • Layer Health spins out with $4M for its clinical and administrative workflow optimization LLM
  • Rules-based, non-clinical workflow automation solution Morf Health lands $3M