RSIP Vision, a provider artificial intelligence (AI), computer vision, and image processing technology, has announced the release of a new AI module that promises a life-changing impact on the millions of patients who undergo knee surgery every year. For most, knee replacement surgery is a difficult option, with a painful recovery and a long, rigorous rehabilitation period. Now the superior accuracy and precision of the RSIP Vision AI solution, unmatched in the market today, revolutionizes knee
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Fred Pennic
Fred Pennic is the Founder and Editor-in-Chief of HIT Consultant. Fred is a seasoned health IT strategist with fourteen years of experience in providing advisory services to executive leadership at hospitals and health systems. Some of his previous clients include Mayo Clinic, Stanford Hospital and Health Clinics, Northwell Health, Trinity Health.
Healthcare M&A Survey: Health IT Represents the Richest Opportunity in Sector
Most healthcare mergers and acquisitions (M&A) professionals see a positive outlook for healthcare and life sciences deals next year, even as political uncertainty will be the biggest factor to upend transactions, according to a recent Merrill Insight poll of global M&A professionals.According to the poll, which included more than 200 respondents from the Americas and Europe, the Middle East and Africa (EMEA), 52% of respondents believe that the M&A market is headed in a positive
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FDA Clears First Smartphone-Controlled Migraine Wearable Device
Today, Theranica announced that the FDA has granted De Novo clearance for Nerivio Migra, the first-ever smartphone controlled wearable for the acute treatment of migraines. Worn on the upper arm, Nerivio Migra utilizes remote electrical neuromodulation for the acute treatment of migraine that is proven to be as effective as leading devices and drugs on the market in treating acute migraine, with fewer and more mild side effects.Migraine is the third most common disease in the world, with an
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Medically Home Group Nabs $10M for Scalable, Virtual Hospital Platform
Medically Home Group, Inc., a Boston, MA-based technology-enabled services company has raised $10 million in Series B funding led by Cardinal Health and other investors. This strategic investment for Medically Home from Cardinal Health and other investors illustrates the rapid movement in the market for innovative value-based models. The company plans to use the latest round of funding to support scaling efforts and to realize a common vision of enabling cost-effective, patient-centric
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Apple Quietly Acquires Childhood Asthma Monitoring Startup Tueo Health
Apple quietly acquired Tueo Health, a digital health startup developing a solution to assist parents in monitoring asthma-related symptoms in sleeping children, reports CNBC. The exact date of the acquisition is not known; however, Tueo's CEO and COO, Brownwyn Harris and Anura Patil, changed their employers from Tueo to Apple on LinkedIn in late 2018.
Sleep Sensors for Data-Driven Asthma Management
About 10% of children between 5-17 years of age, or more than 7 million kids in the US
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Adventist Integrates CancerIQ Platform with Cerner EHR Systemwide to Get AHEAD of Cancer
Adventist Health is getting AHEAD of hereditary cancer (which tends to be earlier onset, more aggressive, and accounts for 10 percent of all new diagnoses). The Adventist Health Early All-Around Detection – or AHEAD Program – at Adventist Health is a population hereditary cancer risk assessment initiative.To ensure patients in both urban and rural settings have access to the preventive services needed to reduce risk, Adventist Health is partnering with CancerIQ to identify candidates for genetic
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Nuvi Acquires Patient Experience Platform Banyan
Nuvi, an enterprise social management software, today announced its acquisition of Banyan, Orem, Utah-based patient experience software company that provides best-in-class digital marketing, reputation management, and patient communications solutions. Financial details of the acquisition were not disclosed.Why Banyan?Founded in 2013, Banyan’s platform grants healthcare providers the ability to connect with their patients through their HIPAA-compliant social media application, enhancing the
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UnityPoint Health Launches $100M Venture Fund to Invest in Early-Stage Growth Startups
UnityPoint Health, a West Des Moines, IA-based network of hospitals, clinics, and home care services in Iowa, Illinois, and Wisconsin has announced the launch of its $100M venture fund at the inaugural MedCity INVEST Pop Health conference in New Orleans this week. The UnityPoint Health Ventures Innovation Fund will manage and direct the health system’s financial and strategic investment opportunities in early-stage growth companies in four key sectors: digital health, medical devices,
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WELL Health Acquires Ontario Open Source EMR OSCARprn for $876k
WELL Health Technologies Corp. ("WELL"), a Vancouver, Canada-based company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector has acquired Ontario-based EMR provider OSCARprn – Treatments Solutions Ltd. OSCARprn is a trusted provider of EMR software, support and other services that work with OSCAR, an open source EMR platform developed by McMaster University in Hamilton, Ontario.OSCARprn Background/OverviewOSCARprn is one of only three
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Former FDA Commissioner Returns to Venture Capital Firm As Special Partner
Former FDA Commissioner Scott Gottlieb, M.D. is returning to global venture capital firm New Enterprise Associates (NEA) as a Special Partner on the firm’s healthcare investment team. Dr. Gottlieb was a Venture Partner at NEA from 2007 to 2017 before being appointed the 23rd Commissioner of the U.S. Food and Drug Administration (FDA), where he served from 2017 to 2019.Dr. Gottlieb is a physician, policy expert, and advocate for healthcare entrepreneurship, innovation, and access. He is focused
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