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Search resuls for: "Digital Therapeutics"


9 mentions found


☆ Mental-health professionals explore AI-powered digital therapeutics to treat patients and improve care
  + stars: | 2024-04-29 | by ( Christine Macintyre | ) www.businessinsider.com   time to read: +8 min
The fusion of human ingenuity and machine intelligence is offering an innovative approach to personalized mental-health care. They can also use AI to assess the quality of their services and find ways to improve as providers of mental-health care. As technology becomes more involved in mental-health care, ensuring data security, confidentiality, and equitable access to services must be top priorities. How an AI platform is helping mental-health-care providers improve their servicesThe AI platform Lyssn is another tech-driven tool for mental-health services. Lyssn aims to hold providers accountable for improved care, especially because "the quality of mental-health care is highly variable," Imel said.
Persons: —, Christopher Romig, Stella, Shaheen Lakhan, Daniel Rimm, Haig Goenjian, Zac Imel, Michael Tanana, Imel, Darin Carver, Carver, It's Organizations: Service, Therapeutics, Click Therapeutics, Food and Drug Administration, Weber Human Services Locations: Tanana
☆ These are the 7 healthcare startups primed to IPO when the market reopens
  + stars: | 2024-01-29 | by ( Rebecca Torrence | ) www.businessinsider.com   time to read: +2 min
Only one digital health startup went public in the US in 2022 — digital therapeutics company Akili Interactive, whose shares have since crashed a whopping 97%, per MarketWatch. Not a single healthcare startup went public last year. ArriVent Biopharma went public a few days later, bringing in $175 million. AdvertisementIndustry experts remain skeptical about whether the public markets will be ready for a successful healthcare IPO this year. Business Insider has identified seven startups that could be considering an IPO as the markets reopen, based on conversations with top VCs and bankers and public filings.
Persons: —, Metagenomi, ArriVent Biopharma Organizations: Service, Business, Akili Interactive, Alto Neuroscience, Oncology, BrightSpring Health Services, KKR, Walgreens, Industry
☆ Would you pay hundreds of dollars for an app your doctor prescribed? Buzzy digital therapeutics could make you healthier — but your insurer probably won't cover them.
  + stars: | 2023-09-01 | by ( Natalie Rahhal | ) www.businessinsider.com   time to read: +8 min
Apps such as Somryst — known as prescription digital therapeutics — aim to raise the bar for personal healthcare delivered via smartphone. Digital therapeutics show promise for treating IBS and insomniaFunding for digital therapeutics surged by 133% between 2020 and 2021, and the sector's global value is estimated to grow from roughly $7 billion to about $28 billion from now to 2030, Fortune Business Insights reported. In fact, many insurance companies want years of data on real-world use before covering digital therapeutics, Insider previously reported. While there are free nonprescription DTxs available from sources such as the Department of Veterans Affairs, those aren't cleared by the FDA, and privately made prescription digital therapeutics often cost hundreds of dollars. "Digital therapeutics are meant to increase access to care.
Persons: Charlotte Jee, Jee, Corey McCann, John Torous, Beth Israel, they're, Torous, They're, AspyreRx, Mark Berman, hadn't Organizations: Healthcare, Morning, MIT Technology, National Health Service, Food and Drug Administration, Pear Therapeutics, Harvard Medical, Beth Israel Deaconess Medical, Fortune Business, FDA, Better Therapeutics, Disease Control, Department of Health, Human Services, of Health, Department of Veterans Affairs, Aetna
☆ A serious accident inspired a biomedical engineer to build a VR rehab company. Things really took off when she tapped into 5G speeds.
  + stars: | 2023-07-17 | by ( Sarah Sloat | ) www.businessinsider.com   time to read: +6 min
She founded Immersive Rehab, a digital-therapeutics company. In September 2016, Van De Keere founded Immersive Rehab, a social-enterprise startup. A Paralympic athlete and spinal-injury patient getting treatment using an Immersive Rehab tool. Immersive Rehab utilizes off-the-shelf technology including VR headsets, laptops, and external motion-tracking sensors. She said she's already seen incredible growth in headset innovation since Immersive Rehab launched.
Persons: Isabel Van De Keere, Isabel Van De, Van De Keere, Van de Keere, They've, she's, It's, we've Organizations: VR Locations: London, United Kingdom, Germany, United States
☆ Using video games as medical treatments seemed promising, but a stunning failure raises questions about the future of digital therapeutics
  + stars: | 2023-06-07 | by ( Rebecca Torrence | ) www.businessinsider.com   time to read: +7 min
With digital therapeutics' trailblazers in jeopardy, experts think more failures are on the horizon. Covering digital therapeutics hasn't been easyInsurers, the ultimate gatekeepers in healthcare, have been slow to warm to the idea of reimbursing prescription digital therapeutics. Plus, most digital therapeutics don't integrate with electronic-health-records systems, making it difficult for clinicians to track their patients' progress. Senators reintroduced a bill in March that would guarantee Medicare reimbursement for prescription digital therapeutics. Want to tell us about your experience with digital therapeutics?
Persons: Pear, It's, Akili, Jeffrey Abraham, Rick Bartels, Bartels, Corey McCann, Matt Stoudt, Stoudt, Matthew Stoudt, keener, we'll, that's, Abraham, Rebecca Torrence Organizations: Morning, Pear Therapeutics, Food and Drug Administration, FDA, Digital Therapeutics, Pear, Centers, Medicare, Services, Senators, CMS
☆ Investors piled a record $12.6 billion into wellness apps during the pandemic. Now they're starting to bet on startups tackling mental illnesses.
  + stars: | 2023-01-13 | by ( Riddhi Kanetkar | ) www.businessinsider.com   time to read: +5 min
The COVID-19 pandemic created a wellness boom across Europe, with mindfulness apps growing rapidly. VCs pumped a record $771 million into European startups tackling mental illnesses in 2021, per Dealroom. But psychologists have been clear that they are not substitutes for clinically-approved treatments for mental health conditions. Now, there is a new wave of startups looking to move beyond wellness and tackle mental illnesses. "The scale of the problem of mental illnesses became evident after COVID-19," Joseph Zipfel, chief investment officer at SFC, told Insider.
☆ Apple made a big move into women’s health just as startups go through a funding winter. 4 health investors and founders predict who’ll survive.
  + stars: | 2022-12-07 | by ( Riddhi Kanetkar | ) www.businessinsider.com   time to read: +6 min
The tech giant's moves into women's health coincides with a funding winter for startups in the sector. Insider spoke to VCs about the challenges and opportunities this creates for women's health startups. When Apple rolled out the Apple Watch Series 8 in September this year, it cemented its growing footprint in the global women's health market. The aim is to give consumers a more consolidated view of their health data, an Apple representative said — but it's a step that could spell trouble for women's health startups. Funding into women's health has taken a dipThe tech giant's gradual monopoly over health data comes at a time when its apparent competitors — consumer women's health startups — are feeling the tech downturn.
☆ Komodo Health is putting off its IPO after a rocky market shot down the startup's plans for a summer exit
  + stars: | 2022-11-18 | by ( Rebecca Torrence | ) www.businessinsider.com   time to read: +3 min
Komodo Health has ditched its plans for an initial public offering in the near future. Digital health's IPO desertGlobally, only six digital health companies have gone public via IPO in 2022 so far, according to a report by Galen Growth and Finn Partners. Besides Komodo, two other digital health companies were said to be pursuing an IPO earlier this year before the market slipped. "The IPO market is shut right now, for all intents and purposes," said Jon Swope, who leads SVB Securities' digital health and healthtech business. "How soon will we see the return of that for the IPO market?"
☆ The Digital Health Ecosystem 2022: How COVID changed the US healthcare system
  + stars: | 2022-02-02 | by ( Insider Intelligence | ) www.businessinsider.com   time to read: +7 min
The following is a preview of one Insider Intelligence Health report, The Digital Health Ecosystem . Key digital trends in the health ecosystemWhat is digital health? While the healthcare industry was slow-moving when it came to digital solutions, COVID-19 upended the entire health ecosystem, including insurance, healthcare delivery, and pharmaceutical spaces. Telemedicine is a growing part of the digital health ecosystem. Health ecosystem forecast for 2021While some aspects of the healthcare ecosystem are tough to predict moving forward, one thing is certain: digital healthcare is here to stay.
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