What You Should Know:
- Pretzel Therapeutics, a biotechnology company harnessing the intricacies of mitochondrial biology to develop groundbreaking therapies, launched today with $72.5M in Series A financing to pioneer novel therapies to modulate mitochondrial function.
- The financing was led by ARCH Venture Partners and Mubadala Capital with participating investors HealthCap, Cambridge Innovation Capital, Cambridge Enterprise, Angelini Ventures, GV, Invus, Eir Ventures, GU Ventures, and
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Eko Lands $2.7M NIH Grant to Train Pulmonary Hypertension AI
What You Should Know:
- Eko, a digital health company applying machine learning in the fight against heart and lung disease, today announced that it was awarded a $2.7M Small Business Innovation Research (SBIR) Direct Phase II grant by the National Institutes of Health’s (NIH) Department of Health and Human Services (HHS).
- The grant will fund the development of a machine learning algorithm that detects and stratifies pulmonary hypertension (PH) using phonocardiogram (PCG) and
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Inflation Could Result in Additional $370B in Healthcare Costs by 2027
What You Should Know:
- McKinsey & Company’s latest report reveals inflation could result in $370 billion in an additional increase above the baseline in healthcare costs by 2027, causing the government, employers and consumers to burden the cost.
- The piece showcases the impact healthcare inflation will have over the next five years without immediate action, threatening affordability and access to care for consumers, and posing a material risk to profitability for providers, payers,
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Report: 2022 KLAS Emerging Solutions Top 20
What You Should Know:
- KLAS asked 16 prominent members of the healthcare community with broad HIT expertise to read 42 KLAS reports on emerging technology and rate their perception of the solutions based on their potential to impact the Quadruple Aim of Healthcare: to improve outcomes, reduce the cost of care, improve the patient experience, and improve the clinician experience.
- The new report by KLAS (1) ranks these emerging solutions by their ability to disrupt the
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Michigan Health Information Network Taps PointClickCare to Expand Its Network Throughout Michigan
What You Should Know:
- The Michigan Health Information Network (MiHIN), the nonprofit state-wide health information network, recently announced that it is partnering with PointClickCare Technologies, the largest post-acute electronic medical record vendor in the country, to advance and deepen healthcare collaboration, care coordination, and interoperability by offering access to real‐time insights at any stage of a patient’s journey.
- Although Michigan has experienced
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COVID-19 Pandemic Boosted RPM Adoption in Cardiac Rehab
What You Should Know:
- The pandemic forced many cardiac rehab clinics to limit and sometimes terminate in-person rehab, leaving Vivalink - a leading provider of digital healthcare solutions - with questions: How did they conduct at-home rehab? Did it work well for them? What were some of the barriers to implementation?
- Vivalink has announced a new study of cardiac rehabilitation clinicians that reveals the current landscape of remote patient monitoring technology (RPM) in their field,
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Top Job Stressors for Pharmacist and Prescribers, Exacerbated by Incomplete Patient Data
What You Should Know:
- Survey data released by Surescripts, a health information network, showed that two-thirds (65%) of specialty prescribers and almost three-quarters (73%) of specialty pharmacists agree that the leading cause of delays in getting patients started on their specialty medications is due to issues often caused by outdated processes and paperwork required for prior authorization.
- The survey, taken this summer by 501 specialty pharmacists and prescribers of specialty
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Digital Health Adoption Reaches New Heights Among Physicians
What You Should Know:
- Physicians are increasingly seeing the advantages of digital health solutions since 2016 when the American Medical Association (AMA) first investigated the motivations, requirements, and uses of digital health technology among physicians.
- New AMA digital health research released today shows increased rates of digital health adoption among physicians, provides deep insight into the essential qualities that physicians expect from digital health
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HCA Makes Strategic Investment in Cardiac Monitoring Wearable VitalConnect
What You Should Know:
- VitalConnect®, Inc., a leader in remote and in-hospital wearable biosensor technology, has just announced the completion of an investment funded by Health Insight Capital, the investment arm of HCA Healthcare Inc., (NYSE: HCA), one of the nation’s leading healthcare providers.
- The investment will go toward further accelerating VitalConnect’s rapidly growing cardiac monitoring business segment while advancing key Remote Patient Monitoring of individuals who
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Edifecs Launches Solution to Automate Prior Authorization at the Point of Care
What You Should Know:
- The full automation of prior authorization at the point of care leads to improved member experiences, enhanced outcomes, ongoing compliance, and reduced administrative burden. Edifecs’ automated prior authorization solution integrates with electronic health records (EHR) and leverages artificial intelligence (AI), natural language processing (NLP), and industry standards such as FHIR to instantly deliver authorization.
- This innovation comes on the heels of
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