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Digital Health | News, Analysis, Insights - HIT Consultant

LG Launches 5MP Diagnostic Monitor for Breast Imaging

by Jasmine Pennic 07/29/2024 Leave a Comment

LG Launches 5MP Diagnostic Monitor for Breast Imaging

What You Should Know:  - LG Electronics launches its latest addition to its diagnostic monitor lineup, the 21HQ613D-B. This 21.3-inch 5-megapixel (MP) IPS monitor has received FDA clearance for digital mammography and breast tomosynthesis.  - The new 5MP monitor is designed to improve workflow efficiency by providing healthcare professionals with the tools they need to accurately and comfortably review medical images.  Enhanced Image Quality and User Experience The
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CoachCare Secures $48M to Expand Remote Patient Monitoring Platform

by Fred Pennic 07/26/2024 Leave a Comment

CoachCare Secures $48M to Expand Remote Patient Monitoring Platform

What You Should Know:  - CoachCare, a provider of remote patient monitoring (RPM) and virtual care management solutions raises $48M in strategic growth investment led by Integrity Growth Partners (IGP). The funding will fuel the company’s expansion and enhance its platform to meet the growing demand for remote care solutions. Addressing the Rise of Chronic Disease The increasing prevalence of chronic conditions such as obesity, hypertension, and diabetes has placed a significant
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UMPC, TGH Invests in Medicom’s Enterprise Imaging Interoperability Platform

by Fred Pennic 07/26/2024 Leave a Comment

UMPC, TGH Invests in Medicom’s Enterprise Imaging Interoperability Platform

What You Should Know:  - Medicom, a health tech company specializing in enterprise imaging interoperability, announced the successful completion of an oversubscribed strategic financing round. The funding round saw significant participation from healthcare industry leaders, including UPMC Enterprises and Tampa General Hospital Ventures along with expanded participation from existing investors Cone Health Ventures, Oval Park Capital and Grayhawk Capital, as well as local Triangle venture
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Humana to Leverage Google Cloud’s GenAI Capabilities to Improve Member Experiences

by Fred Pennic 07/26/2024 Leave a Comment

WellSky Taps Google Cloud to Build Gen AI Tools for Providers

What You Should Know:  - Humana Inc. (NYSE: HUM) announced a strategic multi-year agreement with Google Cloud to accelerate healthcare innovation through advanced cloud infrastructure and AI capabilities. This expanded partnership builds upon an existing collaboration between Humana and Google Health, focused on population health and AI solutions. - While the financial terms of the agreement were not disclosed, the partnership underscores both companies' commitment to transforming
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Oschner Ventures Launches $10M Ochsner Louisiana Innovation Fund

by Fred Pennic 07/26/2024 Leave a Comment

Oschner Ventures Launches $10M Ochsner Louisiana Innovation Fund

What You Should Know:  - Ochsner Ventures, the investment arm of Ochsner Health has announced the creation of the Ochsner Louisiana Innovation Fund.  - This $10M fund will invest in early-stage health and health-adjacent companies based in or with strong ties to Louisiana. The initiative is a collaborative effort between Ochsner Health and the Louisiana Economic Development (LED) agency, leveraging the State Small Business Credit Initiative (SSBCI). Focus on Improving
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CMS Establishes National Payment for AI Prostate Cancer Mapping

by Fred Pennic 07/26/2024 Leave a Comment

CMS Establishes National Payment for AI Prostate Cancer Mapping Technology

What You Should Know:  - Avenda Health, a pioneer in AI-powered prostate cancer care, announced today that the Centers for Medicare & Medicaid Services (CMS) has assigned a national payment rate for its prostate cancer mapping technology, Unfold AI.  - This significant development, alongside the establishment of a new Category III code by the American Medical Association (AMA), paves the way for broader adoption of Unfold AI and improved prostate cancer diagnosis and
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Xealth Partners with National Center on Shaken Baby Syndrome to Improve Infant Safety

by Jasmine Pennic 07/26/2024 Leave a Comment

Xealth Partners with National Center on Shaken Baby Syndrome to Improve Infant Safety

What You Should Know:  - Xealth, a digital health platform is teaming up with the National Center on Shaken Baby Syndrome (NCSBS) to leverage Xealth’s digital health tools in distributing critical information to new families.  - The strategic integration collaboration aims to reduce the incidence of shaken baby syndrome (SBS) and abusive head trauma (AHT) through the widespread adoption of the Period of PURPLE Crying program. Addressing the Shaken Baby Syndrome
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GE HealthCare & AWS to Develop Foundation Models & Generative AI Apps

by Fred Pennic 07/25/2024 Leave a Comment

GE HealthCare Inks $44M Contract with BARDA to Develop AI-Driven Ultrasound Tech

What You Should Know:  GE HealthCare (Nasdaq: GEHC) and Amazon Web Services (AWS) (Nasdaq: AMZN) announced a collaboration today, focused on developing next-generation artificial intelligence (AI) tools to transform healthcare delivery. This strategic partnership will leverage the power of generative AI to improve diagnoses, streamline workflows, and ultimately, enhance patient care. GE HealthCare Chooses AWS as Strategic Cloud Partner GE HealthCare has selected AWS as its
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MISTR Offers Free STI Test Kits Available at Select Georgia Walmarts

by Jasmine Pennic 07/25/2024 Leave a Comment

MISTR Offers Free STI Test Kits Available at Select Georgia Walmarts

What You Should Know:  - MISTR, a telemedicine provider for sexual health, is partnering with select Walmart locations in Georgia to offer free at-home STI test kits. This initiative aims to increase access to convenient and confidential testing, particularly in areas with high HIV transmission rates. - MISTR goes beyond STI testing, offering telemedicine consultations for PrEP (pre-exposure prophylaxis) and long-term HIV care. Their focus on accessibility and education aims to
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John Snow Labs Launches Automated Testing for Responsible AI

by Syed Hamza Sohail 07/25/2024 Leave a Comment

John Snow Labs Launches Automated Testing for Responsible AI

What You Should Know: - John Snow Labs, the AI for healthcare company, today announced the release of Automated Responsible AI Testing Capabilities in the Generative AI Lab. - This is a first-of-its-kind no-code tool to test and evaluate the safety and efficacy of custom language models. It enables non-technical domain experts to define, run, and share test suites for AI model bias, fairness, robustness, and accuracy. Comprehensive Testing Solutions for AI in Healthcare and Life
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