knownwell Expands AI-Enabled Obesity Treatment With Alfie Health Acquisition
Needham, Massachusetts-based knownwell announced on June 20 the acquisition of Alfie Health. Alfie Health is an online precision medical and obesity management clinic that uses artificial intelligence to generate evidence-based recommendations for weight management. Alfie’s AI-powered ObesityRx™ technology analyzes patient medical history to determine the most effective treatment strategies for sustainable metabolic health improvements, leveraging a data-driven approach to balance cost and improve outcomes. knownwell is an in-person and virtual, weight-inclusive primary care and metabolic health company. knownwell practices evidence-based medicine that supports a patient’s unique goals,... Read More »
Sidekick Health Expands Oncology and Women’s Health Portfolio With PINK!
Sidekick Health has announced the acquisition of PINK!, a pioneering digital health company specializing in cancer support and women’s health. This acquisition enhances Sidekick Health’s portfolio and strengthens its position in the digital therapeutics market. PINK! operates a physician-led online platform for breast cancer patients, offering digital therapeutics. The health-tech startup from Hamburg developed PINK! Coach, the first and only breast cancer app permanently approved as a DiGA (app on prescription). This app serves as a digital companion for breast cancer patients, providing scientifically-based medical information and guidance. Founded in 2020, PINK! employs 27... Read More »
Remote Patient Monitoring May Continue Growth Trend for the Rest of the Decade
Consistent annual growth in deal volume has characterized the remote patient monitoring (RPM) market in recent years. Projections throughout much of the rest of the decade support the possibility that the trend will continue. According to MarketsandMarkets, the size of the global RPM market in terms of revenue was estimated to be worth $71.9 billion in 2023 and is poised to reach $207.5 billion by 2028, growing at a compound annual growth rate of 23.6 percent from 2023 to 2028. RPM allows patients to be monitored for specific health conditions and can prevent complications for those who can’t easily travel, according to telehealth.hhs.gov. Symptoms and conditions that can be tracked... Read More »
Brightside Health Expands into Substance Use Disorder and Virtual Intensive Outpatient Treatment
Brightside Health announced on June 12 that it will now offer virtual intensive outpatient programs (IOP) for substance use disorder (SUD). Brightside Health’s acquisition of Lionrock Recovery launched this new service, enabling the company to provide comprehensive telemental health treatment for a wider range of mental health conditions, including anxiety, depression, suicidal thoughts, alcohol use disorder and SUD. Founded in 2010, Lionrock Recovery was an early pioneer in virtual substance abuse counseling. Lionrock Recovery takes a personalized approach to care and leverages technology to break down barriers for those struggling with alcohol and other substance use. Brightside Health... Read More »
