Laura Lovett

May 29, 2018
Members of a smoking cessation Facebook group were 2.5 times more successful in quitting than controls over three-month, according to a recent study published in Addiction. However, after a year, those in the intervention group actually had lower rates of cessation than the control group.  "We found that we could reach a hard-to-reach population, have short-term abstinence, and also have...
May 29, 2018
A recent study published by Psychiatric Services found that mobile health interventions were as effective in treating patients with serious mental illness compared to an in-person group therapy.  The study found that participants in the mobile health group were more likely to remain fully engaged in the eight-week study than those receiving traditional care. Researchers also found that...
May 25, 2018
This past quarter, Castlight Health continued to see a growth in revenue, as it looks forward to the release of its “Castlight Complete” platform, which offers customers an integrated digital health platform. Castlight announced that its total revenue was $36.5 million in Q1. That was an increase of 32 percent year-over year. The total year’s revenue is still expected to be between $150 and $155...

Credit: Dexcom

May 25, 2018
Dexcom started out the year strong following the FDA clearance of its integrated continuous glucose monitor the G6. In its Q1 earnings call, the company reported a 30 percent increase in revenue compared to Q1 of 2017, bringing its total revenue to $184 million. When the FDA gave Dexcom the nod for the G6 it became the first interoperable CGM to get the designation. According to the earnings call...
May 24, 2018
This week Blink Health, which makes an app and online tool for helping consumers find low prices for medications, filed a new legal claim against former partner MedImpact Healthcare System alleging greed and misconduct while describing the company as a “peddler of opioids.”  This claim comes as a second amendment to another ongoing lawsuit between the two companies, which seeks a trial by jury...
May 24, 2018
Boston-based health outcomes and tech company OM1 has just announced that it raked in $21 million in a Series B financing round led by Polaris Partners with participation from existing investors including General Catalyst and 7wire Ventures. This brings the company’s total financing to $36 million, according to Crunchbase.  "Healthcare stakeholders are moving rapidly towards recognizing that...
May 23, 2018
A bipartisan group of senators has introduced a slew of new bills that seek to increase access to telemedicine treatment for patients with substance abuse disorders. The proposed bills, three of which are telehealth-focused, are expected to be wrapped into a larger legislative package by the Senate Finance Committee and then undergo the markup process in the near future.  “While South Dakota is...
May 23, 2018
This morning CareZone, a platform for managing chronic illness and organizing health information, announced that it landed $50 million in a series D funding round led by NEA, with participation from McKesson Ventures, and Marc Benioff. This brings the company’s total funding to $150 million.  Founded in 2012, the platform aims to help users keep track of their medications and make managing...
May 22, 2018
Treating the opioid epidemic has challenged researchers and providers for years. Looking at patient adherence — both to opioid substitutes and painkillers — has been an avenue several companies have begun to look at.  Recently Toronto-based nGageIT has unveiled its latest digital health product, NanoSmart, which can use a patient’s breath to determine their medication adherence. The platform...
May 22, 2018
Patient-provider communication platform Luma Health has just announced that it landed $6.3 million in a Series A funding round led by U.S Venture Partners with participation from Stanford-StartX Fund and existing investors, bring the total financing to $9.7 million.  The platform aims to tackle the gaps in booking, scheduling, and communications. One of the key focuses of the company is to remedy...