November - 2021

The HSB Blog

7 min

Platforms In Healthcare-Part 1. Platforms Explained-The HSB Blog 11/29/21

Our Take: The digital health industry is increasingly moving to platform solutions, with many different healthcare solutions likely to start converging into platform products, leading to more innovation and overall improvement of healthcare industries. While companies that buy and sell healthcare technology products both stand to benefit from this trend by having an integrated, more comprehensive set of tools available to solve their business needs, it is even more important

4 min

Scouting Report-ShiftMed: Addressing the Current and Impending Nursing Shortage

The Driver: ShiftMed recently raised $45 million in funding from Panoramic Ventures, HealthWorx, Blue Heron Capital, Motley Fool Ventures, and 3TS Capital Partners. ShiftMed is a startup mobile health company that connects medical providers with health care workers. Since its establishment in 2021, ShiftMed’s goal is to connect hospitals, assisted living providers, home-based care agencies, and nursing facilities with nurses looking for available shifts. Due to the current sh

6 min

COVID Has Empowered A New Era in Digital Care For Seniors

Our Take: The increase in the use of telehealth and remote patient monitoring tools by elderly populations during the COVID pandemic has created a unique opportunity for health technologies and solutions to transform the health and healthcare of the aging. For example, according to an article in Health Evolution entitled “Digital health making a surprising impact for older patients” prior to the pandemic only 20% of adults 65 and older had reported using a health app, and 4%

4 min

Scouting Report-Bastion Health: A Reproductive and Prostate Care App for Men

The Driver: Bastion Health is a digital health startup company that focuses on providing prostate and reproductive healthcare services for men. In early November, the company received $2.2M in seed funding from the Werth Family Investment Associates and recently launched the first comprehensive app-based telehealth platform for men’s health. Since its establishment in 2020, Bastian Health’s goal is to provide comprehensive and accessible health care for men that empowers them

6 min

Data from Digital Tools is Crucial to Success of Risk-Based Contracting-The HSB Blog 11/8/21

Our Take: Direct service contracting and other value-based care models are dependent on and require significantly greater data points to enable evaluation and management of actuarial risk. As a result, this opens up more direct need and broader market opportunities for digital health tools like remote and virtual care products. For example, virtual care products that track patients' conditions in their homes and even on the go help providers achieve patient adherence and comp

4 min

Scouting Report-Health in Her Hue: Culturally Competent Care for Women of Color

The Driver: Health in Her Hue (HHH) is a digital health startup company that connects black women and women of color to culturally aligned and racially sensitive healthcare providers. The platform aims to reduce racial health disparities by using technology, media, and the community to equip black women with adequate information to advocate for themselves and improve their health outcomes. In the fall, Health in Her Hue raised $1M in a pre-seed round. Investors in this round

6 min

RPM Could Be the Key to Reducing Disparities in Maternal and Infant Care-The HSB Blog 11/1/21

Our Take: Digital health solutions like remote patient monitoring devices are developing broad-based solutions for maternal-child health disparities by addressing both social determinants of health and clinical gaps. Close monitoring after delivery is life-saving for mothers because almost 50% of maternal morbidity and death happens after delivery. In addition, following the pandemic, healthcare providers have adopted remote patient monitoring devices for prenatal and postpa