In the MedTech sector, small and medium-sized organizations are the primary drivers of innovation, developing new technologies for diagnosing, monitoring, and treating various conditions. Despite their potential to transform patient care and enhance efficiency in healthcare environments, these companies face significant funding challenges. The high costs of development, complex regulatory pathways, and intense market competition create substantial barriers to attracting investors.
MedTech
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Digital Health | News, Analysis, Insights - HIT Consultant
Sonographer Burnout: Top 7 Causes and How to Address Them
Burnout among sonographers is becoming an alarming reality, driven by the demanding nature of their work. Every day, they face the emotional burden of delivering difficult news to patients, often with little time to recover before moving on to the next case. Long shifts and high-stress environments only add to the strain, making it harder for them to maintain their well-being. To address this, it’s essential to understand the root causes. The key risk factors contributing to sonographer burnout
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ScribeEMR Leads in Virtual Scribing Satisfaction: KLAS Report
What You Should Know:
- While the healthcare industry is abuzz with the potential of AI and ambient speech technology, virtual scribing services continue to play a crucial role in easing the administrative burden on clinicians.
- KLAS's latest report provides valuable insights into the evolving landscape of virtual scribing, highlighting key trends and vendor performance in this developing market.
The Value Proposition of Virtual Scribes
Provider organizations are
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AI Can Make Plastic Surgery Practices More Human
Eye contact and good desk-side manner have always been incredibly important in the plastic surgery specialty, where patients’ decisions can be heavy with emotion around the perception of their image. Even what some see as a “small touchup” like dermal fillers are huge decisions for others because it is a change in how they present themselves physically and then carry themselves emotionally.
The practice of plastic surgery is inherently human, in the most sentimental sense. But, as we
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Medical Drone Delivery Services Market to Reach $1.9B by 2032
What You Should Know:
- The medical drone delivery services market is experiencing a dramatic upswing, driven by the increasing need for efficient and accessible healthcare delivery, especially in remote and underserved areas.
- According to FN Media Group, the market, valued at approximately $245.4 million in 2023, is projected to achieve a remarkable compound annual growth rate (CAGR) of 22.3% from 2024 to 2032, reaching $1.9 billion.
Factors Fueling the
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Avel eCare Acquires Hospital Pharmacy Management, Expanding Telepharmacy Services
What You Should Know:
- Avel eCare, a provider of telemedicine services, today announced the acquisition of Hospital Pharmacy Management, Inc. (HPM), a company specializing in remote medication order review and onsite pharmacy management for hospitals and health systems.
- The strategic acquisition significantly expands Avel eCare's telepharmacy capabilities and strengthens its commitment to supporting healthcare providers, particularly in addressing the growing shortage of
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Why Healthcare Execs are Hesitant to Embrace Long-Term AI Contracts
AI promises significant advances in patient care and healthcare operations, from improved diagnostics and personalized treatments plans to streamlining administrative tasks. Yet, a clear pattern has emerged in the decisions healthcare technology leaders are making around AI adoption within their organizations. Leaders are grappling with how to balance cutting-edge innovation with the risks and complexities of adopting an AI solution.
Despite the enormous potential of AI, healthcare executives
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Vitalic Launches Geriatric Behavioral Health Platform for Seniors
What You Should Know:
- Vitalic announced the launch of its innovative geriatric behavioral health platform, designed specifically to address the often overlooked mental health needs of older adults.
- Launching with $4M in seed funding from Redesign Health and Medicare Advantage payor VNS Health (a national home- and community-based health care payor/provider), Vitalic focuses on providing comprehensive and integrated care that prioritizes the unique challenges and vulnerabilities of
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Royal Health Secures Significant Investment from HealthQuest Capital
What You Should Know:
- Royal Health Inc., a provider of advanced radiology software and workflow solutions, announced today the closing of a minority investment led by HealthQuest Capital, a growth capital firm focused on transformative healthcare companies.
- The recapitalization represents a significant milestone for Royal Health, resulting in a near eightfold increase in enterprise valuation since its previous investment round in 2019.
While the specific funding amount
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Commure Acquires Digital Care Navigation Platform Memora Health
What You Should Know:
- Commure, a healthcare technology company, has announced the acquisition of Memora Health, a digital care navigation platform. The strategic move strengthens Commure's comprehensive suite of AI-powered solutions, further solidifying its commitment to transforming healthcare delivery.
- By integrating Memora's advanced patient navigation tools with CommureOS's robust integration engine, the combined platform will empower healthcare organizations to deliver
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