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Archives for June 2024

Arcadia Acquires CareJourney to Enable High-Performing Networks

by Fred Pennic 06/27/2024 Leave a Comment

Arcadia Acquires CareJourney to Enable High-Performing Networks

What You Should Know:  - Arcadia has acquired CareJourney®, a leading provider of clinically relevant healthcare data and AI-powered insights.  - The deal strengthens Arcadia's position as a trusted partner for leading healthcare brands like Southwestern Health Resources, Tandigm, Castell, Rush Health, and Beth Israel Lahey Health.  - With the acquisition, Arcadia's customer portfolio grows to nearly 200, encompassing providers, payers, government agencies, and life
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Xealth Launches Digital Health Benchmarking Tool, Dewey

by Jasmine Pennic 06/27/2024 Leave a Comment

Xealth Launches Digital Health Benchmarking Tool, Dewey

What You Should Know:  - Xealth, a leading force in scaling digital health solutions, has unveiled Dewey, a performance-based, digital health benchmarking tool. - Incorporating more than 20 million assets and programs distributed from more than 400 hospitals to more than five million patients over seven years, Dewey calculates engagement benchmarks from nearly 1000 digital health programs. - Additionally, the platform will incorporate AI-powered features that personalize
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VenoStent Raises $20M for Dialysis Solution, Secures $3.6M NIH Grant for U.S. Dialysis Therapeutic Clinical Trial

by Fred Pennic 06/27/2024 Leave a Comment

VenoStent Raises $20M for Dialysis Solution, Secures $3.6M NIH Grant for U.S. Dialysis Therapeutic Clinical Trial

What You Should Know:  - VenoStent, Inc., a medical device company pioneering a new approach to improve dialysis patient outcomes, announced the successful completion of its Series A funding round. The round closed at $20M, with Norwest Venture Partners contributing an additional $4M to join Good Growth Capital and IAG Capital Partners as co-leads. - VenoStent also welcomes Dr. Zack Scott, Norwest General Partner, and Dr. Ehi Akhirome, Norwest Investor, to its board of
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Philips Expands Cloud-Based Imaging with IntelliSpace Radiology on AWS

by Fred Pennic 06/27/2024 Leave a Comment

Philips Expands Cloud-Based Imaging with IntelliSpace Radiology on AWS

What You Should Know:  - Philips, a leader in health technology, announced today a significant advancement for its IntelliSpace Radiology platform. Existing customers in North America will now have the option to transition to a cloud-based version hosted on Amazon Web Services (AWS).  - This strategic expansion positions Philips at the forefront of cloud-based healthcare solutions, offering improved efficiency, enhanced security, and powerful AI integration. Benefits of
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Integrating HIPAA Compliance Into Digital Communication: A Closer Look

by Jasmine Pennic 06/27/2024 Leave a Comment

Healthcare organizations have been increasingly adopting digital communication channels like email and text messaging. These channels offer convenience and flexibility for both healthcare providers and patients. When used judiciously, they can help improve the overall patient experience. However, with the growing use of digital communication comes an increased risk of data breaches. The healthcare sector has been a prime target for cyberattacks and data breaches over the last several years,
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Abbott Unveils FreeStyle Libre 3 Plus: World’s Smallest CGM Sensor with Future AID Compatibility

by Jasmine Pennic 06/27/2024 Leave a Comment

Abbott Unveils FreeStyle Libre 3 Plus: World's Smallest CGM Sensor with Future AID Compatibility

What You Should Know:  - At the American Diabetes Association conference, Abbott unveiled a new addition to its FreeStyle Libre portfolio – the FreeStyle Libre 3 Plus sensor.  - The sensor boasts the distinction of being the world's smallest, thinnest, and most discreet continuous glucose monitoring (CGM) sensor available. Unmatched Design and Performance The FreeStyle Libre 3 Plus sensor offers a unique combination of user-centric features: Unmatched Discreetness: The
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Sidecar Health Secures $165M to Disrupt Employer-Sponsored Healthcare

by Fred Pennic 06/27/2024 Leave a Comment

Sidecar Health Secures $165M to Disrupt Employer-Sponsored Healthcare

What You Should Know:  - Sidecar Health, a health insurance provider for businesses raises $165M in a Series D funding round led by Koch Disruptive Technologies with participation from new and existing investors such as GreatPoint Ventures, BOND, Cathay Innovation, Drive Capital, Duke University, Menlo Ventures, and Morpheus. - Sidecar Health's $165 million funding round and strategic partnership with Koch Industries position them as a major disruptor in the employer-sponsored health
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Digital Transformation in Healthcare: Why EAM is the Missing Piece

by Syed Ali, Founder and CEO of EZO 06/27/2024 Leave a Comment

The Vital Role of a Healthy Enterprise Asset Management System in Healthcare

The sector that is perhaps the most critical candidate for digital transformation is the healthcare sector - the US healthcare system wastes approximately $1 trillion a year and most of it is due to administrative complexity leading to a wastage in medical supplies and equipment. The sector is slowly jumping on the bandwagon of digital transformation in an attempt to improve healthcare provision and increase the efficacy of processes.  In the midst of the ongoing digital transformation
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Fighting Rectal Cancer with AI: Researchers Secure $2.78M Grant

by Fred Pennic 06/27/2024 Leave a Comment

Black and Hispanic Patients Face Higher Liver Cancer ED Visits

What You Should Know:  - A glimmer of hope emerged today for rectal cancer patients as a collaborative effort between Case Western Reserve University (CWRU), Cleveland Clinic, and University Hospitals (UH) received a $2.78 million grant over five years from the National Institutes of Health and National Cancer Institute. This grant will fuel research leveraging artificial intelligence (AI) to personalize treatment for rectal cancer patients. - The new research effort signifies a
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American College of Radiology Launches Medical Practice AI Quality Assurance Program

by Fred Pennic 06/26/2024 Leave a Comment

American College of Radiology Launches Medical Practice AI Quality Assurance Program

What You Should Know:  - The American College of Radiology (ACR) has taken a groundbreaking step towards ensuring the safe and effective use of artificial intelligence (AI) in radiology practices. They've launched the ACR Recognized Center for Healthcare-AI (ARCH-AI), the first national quality assurance program of its kind. - The program is built on best practices established by experts in the field. It outlines a clear framework for implementing AI in real-world radiology settings,
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