Virtual chronic care platform Vida Health closed a $110 million series D funding round May 5, with participation from Centene, General Atlantic and AXA Venture Partners.

More than 2 million mobile mental health apps have been developed, yet the effectiveness of these apps reaching their potential is understudied, according to an April 29 study published in JMIR Publications. 

Collective Health, a digital employer health benefits startup, recently closed a $280 million series F financing round. 

Toby Cosgrove, MD, former president and CEO of Cleveland Clinic, has joined Providence's digital health spinout DexCare as a member of its board of directors. 

The COVID-19 pandemic has opened the door for an explosion of digital health activity, leaving customers with thousands of new service offerings to choose from for digital healthcare, according to a May 3 Wall Street Journal report. 

Shriners Hospitals for Children and Georgia Institute of Technology are expanding their health innovation collaboration to include initiatives for precision medicine and big data research, the organizations said April 29.

The first quarter of 2021 was digital health's most-funded quarter to date, and investors continued the trend in April by pledging high dollar amounts to technology-driven health startups.

In a push to level with Apple Watch's cardiac achievements, Fitbit launched a study with medical researchers to test its ability to detect the common heart issue atrial fibrillation, according to an April 15 report published in the American Heart Journal.

Online pharmacy Capsule recently raised $300 million in a series D funding round, bringing its valuation to more than $1 billion, CEO Eric Kinariwala told Bloomberg April 28.

CVS Health on April 29 unveiled its new $100 million venture fund, which will fund projects and innovations from digital healthcare and tech companies.

When COVID-19 began to quickly spread, these CIOs helped keep their business afloat by rapidly enabling new technological capabilities. They launched telehealth services, utilized tech to cut costs and used drones to deliver urgent medical supplies. These are the top four innovation chiefs in healthcare, according to an April 29 Forbes report. 

Kaia Health, a smartphone-based chronic condition management startup, recently closed a $75 million series C financing round. 

UMass Memorial Health Care is partnering with digital therapeutics company MedRhythms to test if music can be used in mobile health apps for patients with neurological injuries, like strokes. 

From their thoughts on delivering hospital-quality care to patients' homes to tech companies' disruption of healthcare to why tech professionals want to work in healthcare, here are seven key quotes about the role of innovation in healthcare that executives from hospitals and health systems recently shared with Becker's Hospital Review:

University Park, Pa.-based Penn State College of Medicine built an Amazon Alexa skill to deliver care interventions to breast cancer patients in their own homes.

Adobe has teamed up with several healthcare players including Walgreens and Mercy Health to support their digital health and cloud platform services, according to an April 26 press release. 

Detroit-based Henry Ford Health System partnered with Google Cloud and Miracle Software Systems to launch an international competition in Detroit to propose ideas for reducing health inequalities using technology, according to an April 27 news release.

IT employees have been experiencing burnout at increasing rates since the pandemic started, leaving CIOs to try out new digital tools and methods to alleviate some frustrations, according to an April 22 Wall Street Journal report.

Here are four investments health systems recently made in digital health startups and internal innovation efforts.

The pandemic accelerated "hospital at home" programs, which use remote monitoring and telehealth technologies to provide patients with hospital-level care without the risks and costs associated with hospital stays.