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Archives for 2021

ECRI Institute: Top 10 Health Technology Hazards to Watch in 2021

by Fred Pennic 02/16/2021 Leave a Comment

ECRI Institute: Top 10 Health Technology Hazards to Watch in 2021

What You Should Know: - ECRI Institute identified the complexity of managing medical devices with COVID-19 emergency use authorization as the number one technology hazard in its Top 10 Health Technology Hazards for 2021 report. ECRI Institute’s Top 10 Health Technology Hazards, now in its 14th year, identifies top health technology concerns that warrant attention from healthcare leaders. The hazards selected are based on a rigorous review of ECRI’s incident
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Holy Name to Offer Needle-Free Blood Draws for Inpatients, First Hospital in NJ

by Fred Pennic 02/15/2021 Leave a Comment

Holy Name to Offer Needle-Free Blood Draws for Inpatients, First Hospital in NJ

What You Should Know: - Holy Name Medical Center announced that it is the first hospital in New Jersey among a growing number of health systems nationwide to offer needle-free blood draws for inpatients using the PIVO™ device from Velano Vascular. - As part of this effort, Holy Name is deploying a new telepresence technology, also provided by Velano, to train staff virtually on the PIVO procedure in accordance with COVID-19 safety protocols. - By adopting this new standard of care known
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New Digital Health Passport Offers Providence Patients Secure Digital Proof of COVID-19 Vaccination Status

by Fred Pennic 02/15/2021 Leave a Comment

New-Digital-Health-Passport-Offers-Providence-Patients-Secure-Digital-Proof-of-COVID-19-Vaccination-Status

What You Should Know: - Lumedic launches a first-of-its-kind commercial technology to offer digital vaccine cards to patients receiving COVID-19 vaccinations at sites affiliated with Providence, one of the nation's largest health systems. The technology includes a mobile app that gives patients the option to share vaccination verification status quickly and securely, when and how they want.   - Through the app, patients can request their digital vaccination be delivered securely to their
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Former Hospital CIO Finds 177% Increase as Hackers Breached 21.3M Healthcare Records in 2H of 2020

by Jasmine Pennic 02/15/2021 Leave a Comment

Former Hospital CIO Finds 177% Increase as Hackers Breached 21.3M Healthcare Records in 2H of 2020

What You Should Know: - As the fallout of COVID-19 continues to plague healthcare systems and hospitals, cybercriminals took a notable interest in these entities through malicious hacking incidents in the second half of 2020.  In a new CI report released, Drex DeFord, former CIO at Scripps Health., Seattle Children's, Steward Healthcare, and strategic healthcare executive for CI Security, found that in the second half of the year, more than 21.3 million records were breached, an
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Escalating Cyberattacks on Healthcare Organizations Highlight Need for Security Interventions

by Michelle Drolet, CEO of Towerwall 02/15/2021 Leave a Comment

Escalating Cyberattacks on Healthcare Organizations Highlight Need for Security Interventions

Healthcare organizations have faced continual stress from heavy COVID-19 caseloads in 2020. Cyberattacks on their information networks also loomed as a serious threat, and the pressure to protect data is expected to grow this year, as more criminals target healthcare providers. Protecting patient data from unauthorized access has long been a regulatory prerequisite for healthcare organizations. But increasingly, cybercriminals see profit potential in attacking and crippling their networks,
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Sharecare to Go Public in SPAC IPO Deal, Reaching $3.9B Valuation

by Fred Pennic 02/12/2021 Leave a Comment

Sharecare to Go Public in SPAC IPO Deal, Reaching $3.9B Valuation

What You Should Know: - Digital health company Sharecare and special purpose acquisition company (SPAC), Falcon Capital Acquisition Corp, today announced an agreement to merge to go public on the NASDAQ under the ticker symbol SHCR at enterprise value of $3.9B. - The transaction is expected to be funded through a combination of Falcon's $345 million of cash in trust (assuming no redemptions) supported by a $425 million fully committed PIPE at $10.00 per share and the Anthem
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The Future of Remote Care Automation Begins with Cardiac Rehabilitation

by Uri Bettesh, CEO and Founder, Datos Health 02/12/2021 Leave a Comment

The Future of Remote Care Automation Begins with Cardiac Rehabilitation

2020 was undeniably the year that saw telehealth and remote care services come to the forefront of medical care. Many have hypothesized that, in the post-COVID world, remote care programs will be ubiquitous throughout hospitals and health systems. However, such a future is far from certain, as too many organizations currently lack the budget, IT infrastructure, and time necessary to implement new innovative remote care programs. There is a considerable disparity between the hype surrounding
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Seed Health Acquires Auggi’s Stool Recognition AI Tech & Algorithms

by Jasmine Pennic 02/12/2021 Leave a Comment

Seed Health Announces Acquisition of Digital Health Company Augg

What You Should Know: - Seed Healthv, a microbial sciences company, announced the acquisition of Auggi, a digital health company with a suite of artificial intelligence and machine learning technologies to track and analyze digestive health. - As part of the acquisition, Seed Health will acquire Auggi's technology assets, including its AI algorithm for real-time Bristol stool typing, the world's largest stool image database, and a mobile monitoring application for clinical research. -
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Signify Health Shares Soar More Than 33% in IPO, Valuing Company at Over $7.12B

by Fred Pennic 02/11/2021 Leave a Comment

Signify Health Shares Soar More Than 33% in IPO, Valuing Company at Over $7.12B

What You Should Know: - Shares of Signify Health, a value-based care billing platform for in-home and bundled health services jumped more than 33% in its initial public offering (IPO), valuing the company at over $7.12B. - Today, Signify Health’s CEO Kyle Armbrester will also join the ranks among the youngest CEOs to ever take a company public – notably alongside Bumble’s CEO who also began trading on the NASDAQ today.  - The company raised 564 million by offering 23.5 million
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Can AI Pave the Path to Reducing Physician Burnout?

by Abboud Chaballout, Founder of Diagnoss 02/11/2021 Leave a Comment

Can AI Pave the Path to Reducing Physician Burnout?

The timing couldn’t be more critical for us to start making serious headway to reduce the growing problem of burnout among America’s physicians. In 2018, physician burnout was already at an alarming 42%, but that number is growing as COVID-19 cases surge around the country.  While we are at a hopeful place in the virus’ trajectory with millions of vaccinations administered, the reality – even once we get through the pandemic – is quite grim for physicians and their
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