Dave Muoio

By Dave Muoio 06:00 amApril 22, 2020
Less than a week after FDA opened the faucet for digital health products treating psychiatric conditions during the COVID-19 health crisis, Akili has fast-tracked and released its approval-pending digital therapeutic for children with ADHD. Now known as Endeavor and flanked by a symptom tracker and caretaker support line, the video game-like app will be provided at no cost for a limited time to...
By Dave Muoio 03:03 pmApril 21, 2020
Digital diabetes-management company One Drop announced last week that it has acquired the assets, IP and certain staff of Sano Intelligence, the maker of a non-invasive connected CGM patch. The terms of this asset purchase were not disclosed. Sano was founded in 2011, and over the course of the decade raised approximately $20 million from investors such as Fitbit, Intel Capital, True Ventures and...
By Dave Muoio 01:07 pmApril 21, 2020
Thanks to an updated emergency use authorization (EUA) from the FDA, LabCorp's COVID-19 RT-PCR test is now the first diagnostic test for COVID-19 that permits at-home sample collection. Now, patients may use Q-tip-style nasal cotton swabs and saline included in LabCorp's designated self-collection kit – which the company is branding as the "Pixel by LabCorp COVID-19 Test." These samples are...
By Dave Muoio 03:58 pmApril 20, 2020
Aledade, a Bethesda, Maryland-based startup that partners with providers to build tech-enabled accountable care organizations, has raised $64 million in a Series C funding headed by OMERS Growth Equity. California Medical Association, Meritech Capital, Echo Health Ventures, CVF and GV also participated. The company said these funds will help it to continue growing new and existing ACOs in...
By Dave Muoio 03:12 pmApril 20, 2020
International pharma giant Novartis announced this morning the acquisition of Amblyotech, a startup that combines 3D glasses and video game software to treat amblyopia, more commonly known as "lazy eye." The terms of the deal were not disclosed. Novartis also said that it will be developing new games and kicking off a proof-of-concept study alongside major French video game publisher Ubisoft and...
By Dave Muoio 02:30 pmApril 17, 2020
With COVID-19 bearing down on America, the Federal Communications Commission has amplified its commitment to outfit providers with telehealth devices and services. The beginning of April saw the Commission propose and approve the COVID-19 Telehealth Program, an initiative that uses $200 million appropriated by Congress to bankroll telecommunications equipment for eligible healthcare organizations...
By Dave Muoio 04:10 pmApril 16, 2020
Attacking misinformation head on. Big tech's war against online misinformation is raging hotter than ever with COVID-19. The latest update: Facebook will begin directly contacting users who liked, reacted or commented on "harmful misinformation" about the virus that was later removed by the social network. Facebook wrote this morning that the messages are set to deploy within the coming weeks,...
By Dave Muoio 02:38 pmApril 16, 2020
The FDA released new guidance on digital health devices for treating psychiatric disorders that waives several regulatory requirements – such as need to submit a 510(k) premarket notification – for the duration of the COVID-19 emergency. "Device availability may increase patient access to digital therapeutics while individuals are following 'stay at home' orders or practicing social distancing,...
By Dave Muoio 03:13 pmApril 15, 2020
The coronavirus pandemic is causing upheavals in healthcare delivery in every corner of the world, but those hailing from digital health firms are more optimistic than others within the industry that these changes will ultimately benefit their long-term business, according to a recent survey and white paper released by Research2Guidance. The market analysis and consultation firm polled 513 health...
By Dave Muoio 04:53 pmApril 14, 2020
By now it's common knowledge that the greatest influence on a patient's health is not their regular doctor's visits or occasional procedure, but the health behaviors, self-management routines and other practices that occur outside of a healthcare setting. With this in mind, the industry has begun a push to integrate their services with day-to-day life – through continuous remote monitors, through...