As the digital health market continues to expand—projected to grow from nearly $250 billion in 2023 to over $815 billion by 2030—it’s essential to reassess how we measure its success. The prevailing focus on ROI has driven much of this sector's growth. In fact, a recent survey revealed that 94% of investors prioritize ROI over clinical evidence when evaluating digital health tools. The data backs it up; 82% of healthcare and life sciences companies note significant or moderate revenue increases
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Digital Health | News, Analysis, Insights - HIT Consultant
AMA Issues CPT Code for Eko Health’s AI-Powered Cardiac Screening Tool
What You Should Know:
- Eko Health, a pioneer in applying artificial intelligence for early detection of heart and lung diseases, today announced the issuance of a Category III Current Procedural Terminology (CPT) code by the American Medical Association (AMA) for its SENSORA™ platform.
-The newly issued Category III CPT code will be effective on July 1, 2025, and is the first step to coverage and reimbursement for SENSORA™, bringing advanced heart disease detection to clinicians across
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Unlocking Real-World Data to Advance Precision Medicine in 2025
The healthcare industry is a wellspring of data, from electronic health records to data from wearables, health insurance claims, and a multitude of real-world data (RWD) points. While RWD has been utilized to improve drug discovery and clinical services, recent technological advances in data management, artificial intelligence, and bioinformatics are beginning to reveal its transformative potential in healthcare, especially within precision medicine. As the industry seeks to employ new
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The Future of Healthcare: AI-Powered Patient Experiences
As the AI market in healthcare soars to a projected $187.95 billion by 2030, the transformative impact of technology on patient care becomes increasingly evident. AI is at the forefront of revolutionizing healthcare, blending data analytics, user-centric innovations, and advanced technology to reshape traditional health management and personalize the patient experience. This rapid evolution underscores a critical shift in healthcare dynamics by creating a patient experience that mirrors what
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Evvy Launches Prescription-Grade At-Home Treatments for Vaginal Health
What You Should Know:
- Evvy, a female-founded vaginal microbiome company, is expanding access to science-backed women's healthcare with the launch of new prescription-grade, at-home treatments for vaginal health.
- These treatments offer fast-acting relief for common vaginal symptoms like pH imbalance, dryness, odor, and irritation.
Expanding Access to Vaginal Healthcare
This marks the first time patients can access Evvy's prescription products without first taking the
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Primary Care Provider Forward Closes Its Doors
What You Should Know:
- Forward, a technology-driven preventive primary care provider, has announced the immediate closure of all its locations and the shutdown of its mobile app.
- The sudden announcement leaves members scrambling to find new providers and access their medical records.
Immediate Cessation of Services
Effective immediately, Forward has ceased all operations, including:
Employee Layoffs: All 200 Forward employees will be laid off. Closure of
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NVentures Invests in Genesis Therapeutics’ AI Platform for Drug Development
What You Should Know:
- Genesis Therapeutics, a company pioneering artificial intelligence (AI) technologies to create breakthrough medicines for patients, announced today a further equity investment from NVentures, NVIDIA’s venture capital arm.
- This investment is in addition to NVentures’ participation in the company’s $200 million Series B financing in August 2023.
Genesis Therapeutics Partners with NVIDIA to Advance AI-Driven Drug Discovery
Genesis Therapeutics, an AI-focused
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Medeloop Raises $15.5M for AI-Driven Medical Research Platform
What You Should Know:
- Medeloop, a pioneering medical research platform, has secured $15.5M in Series A funding to further its mission of revolutionizing medical research through artificial intelligence (AI).
- The funding round was led by Inovia Capital, with participation from Icon Ventures and support from existing investors General Catalyst and Maven Ventures.
AI-Powered Platform Streamlines Research
Founded by AI experts at Stanford, Medeloop partners with
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Bluespine Raises $7.2M to Combat Medical Overbilling with AI
What You Should Know:
- Bluespine, an AI-driven claims cost reduction platform for self-insured employers, has secured $7.2M in seed funding to address the pervasive issue of medical overbilling in the US healthcare system led by Team8.
- The seed funding will accelerate Bluespine's adoption by US employers and brokers, as well as support further research and development.
Tackling the Healthcare Cost Crisis
Bluespine was co-founded by a team of technology experts with deep
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NEC X Invests in GPx to Advance AI-Driven Chronic Disease Monitoring
What You Should Know:
- NEC X, the Silicon Valley venture studio backed by NEC’s portfolio of advanced technologies and global businesses, today announced a new investment in General Prognostics Inc.
- (GPx), a fast-growing MedTech startup revolutionizing chronic disease monitoring and management.
NEC X Invests in GPx to Advance Remote Blood Monitoring Solution for Heart Failure Patients
NEC X has invested in GPx as part of its strategic effort to foster healthcare innovation and
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