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Syed Hamza Sohail

New Data on Massive, Sustained Growth of the Health & Wellness Industry

by Syed Hamza Sohail 11/16/2022 Leave a Comment

New Data on Massive, Sustained Growth of the Health & Wellness Industry

What You Should Know: - In its latest edition of the Product Report, Amplitude Labs dives straight into results obtained from their exclusive Amplitude dataset, which shows how the product landscape has evolved from 2021 to 2022, including the product growth observed across 12 industries and eight countries. - The report also highlights what the data suggests will be the 30 next hottest products across North America, Europe, and Asia-Pacific. Additionally, the report also covers how
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Penumbra Launches First Hands-Free, Full-Body VR for Rehab

by Syed Hamza Sohail 11/15/2022 Leave a Comment

Penumbra Launches First Hands-Free, Full-Body VR for Rehab

What You Should Know: - Penumbra, Inc., a global healthcare company focused on innovative therapies, today announced the first full-body, non-tethered immersive virtual reality (VR) healthcare offering. - The latest REAL® System y-Series is the only platform to use upper and lower body sensors that allow clinicians to track full body movement and progress in real-time. The expansion of the virtual reality-based healthcare platform, REAL System, will be used to address a broad range of
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HLTH22: Turquoise Health Launches Price Transparency Data Solution

by Syed Hamza Sohail 11/15/2022 Leave a Comment

Turquoise Health Raises $20M for Healthcare Pricing Platform, Launches Direct Contracting Platform

What You Should Know: - Turquoise Health, an end-to-end healthcare pricing platform, today announced Simple Extracts, its first price transparency data product for specialty healthcare businesses. Simple Extracts allows anyone to request and receive precise searches from both the hospital and payer rates data warehouses. - This new product eliminates the cost and technical barriers specialty businesses encounter by delivering data to customers directly within the Turquoise Health platform.
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HLTH22: Cyclica Awarded $1.8M Grant from Bill & Melinda Gates Foundation to Discover Non-Hormonal Contraceptive

by Syed Hamza Sohail 11/15/2022 Leave a Comment

Cyclica Teams with Bill & Melinda Gates Foundation to Discover Non-Hormonal Contraceptive

What You Should Know: - Cyclica Inc., a neo-biotech that is exploring the entire protein universe to advance a robust and sustainable drug discovery portfolio, has received a $2.4M CAD ($1.8M USD) grant from the Bill & Melinda Gates Foundation to develop new, non-hormonal contraceptives for low-data biological protein targets. - The grant enables Cyclica to apply its validated, AI-enabled drug discovery platform towards the discovery of expanded contraceptive options that can give
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HLTH22: LG Launches Virtual Care Solution with Amwell to Address Hospital Workforce Shortages

by Syed Hamza Sohail 11/14/2022 Leave a Comment

LG Launches Virtual Care Solution with Amwell to Address Hospital Workforce Shortages

What You Should Know: - Global innovator LG Electronics announced its first joint solution with digital healthcare enablement leader Amwell®, designed to expand the boundaries of digital health innovation and address a major issue faced by hospitals across the country – workforce shortages. - Showcased at HLTH 2022, a Carepoint™ TV Kit, by LG and powered by the Amwell Converge™ platform, leverages existing LG healthcare TVs in patient rooms to allow providers to remotely engage,
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Notable Survey: 61% of Patients Skip Medical Appointments, Due to Scheduling Hassles

by Syed Hamza Sohail 11/14/2022 Leave a Comment

Notable Secures $100M to Expand Intelligent Automation in Healthcare

What You Should Know: - Notable, the leading intelligent automation company for healthcare, today announced the results of a new patient survey, highlighting that legacy digital solutions and manual workflows limit patients’ ability to access care. - 61% of patients surveyed said that they skipped going to the doctor in the past year because scheduling an appointment was too much of a hassle.  Evaluating Why Patient Portals Fail to Meaningfully Expand Access to Care Notable is
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HLTH22: NuraLogix Researchers Announce the Capability to Assess Type 2 Diabetes and Blood Biomarker Health Issues Using Any Video-Enabled Device

by Syed Hamza Sohail 11/14/2022 Leave a Comment

NuraLogix Researchers Announce the Capability to Assess Type 2 Diabetes and Blood Biomarker Health Issues Using Any Video-Enabled Device

What You Should Know: - Researchers at NuraLogix, a global pioneer of contactless health monitoring through its patented Transdermal Optical Imaging (TOI™) technology, have announced that it is adding the ability to perform metabolic and blood biomarker health risk assessments for various chronic conditions to its AnuraTM platform. - As a first for video-based contactless health monitoring, the new capabilities add to the existing health and wellness measurements* Anura™ can assess from a
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Healthcare Industry Least Likely to Increase Funding for Supply Chain Defense

by Syed Hamza Sohail 11/11/2022 Leave a Comment

New research finds healthcare sector least likely to increase $$$ for supply chain defense

- While supply chain security impacts nearly every industry, new research from BlueVoyant hones in on the unique challenges impacting the healthcare and pharmaceutical sector - BlueVoyant, the leader in supply chain defense, found thatcompared to other verticals like energy and manufacturing, the healthcare sector was least likely to increase budget for external resources to bolster supply chain cybersecurity. Key Insights from. The State of Supply Chain Defense: Annual Global Insights
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Sprinter Health Partners with Firefly Health to Close Care Gap

by Syed Hamza Sohail 11/10/2022 Leave a Comment

Backed by a16z, Sprinter Health Raises $33M to Build the “DoorDash for Lab Draws”

What You Should Know: - Sprinter Health, an on-demand mobile health and diagnostics company bringing personalized and affordable healthcare services to the home, today announced a partnership with Firefly Health, a health plan and virtual-first care innovator with a mission of delivering half-priced health care that’s twice as good, clinically and emotionally. - The partnership aims to improve access to care while saving downstream costs by integrating Sprinter Health’s in-home clinical
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VA Expands Partnership with Get Well to Now Include 70 Medical Centers

by Syed Hamza Sohail 11/10/2022 Leave a Comment

Get Well Launches Monkeypox Digital Care Management Plan

What You Should Know: - Get Well, the global leader in digital patient engagement, today announced it has expanded its work with the Veterans Health Administration (VHA) to include 70 Veterans Affairs Medical Centers (VAMC), a 130% increase over three years. Most recently, a fifth Veterans Integrated Service Network (VISNs) selected Get Well’s digital engagement solution to be installed in all nine of its healthcare facilities. Now successfully installed in nearly 13,000 VHA inpatient
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