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Digital Health | News, Analysis, Insights - HIT Consultant

Cytovale Secures $100M to Expand Commercialization of FDA-Cleared Sepsis Test

by Fred Pennic 10/11/2024 Leave a Comment

Cytovale Secures $100M to Expand Commercialization of FDA-Cleared Sepsis Test

What You Should Know:  - Cytovale, a medical diagnostics company revolutionizing early disease detection secures $100M in Series D funding round led by Sands Capital with participation from new investor Canada Pension Plan Investment Board (CPP Investments) and existing investors.  -  The investment will fuel the expansion of Cytovale's innovative sepsis diagnostic, IntelliSep, to more hospital emergency departments (EDs) and health systems nationwide. IntelliSep:
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Konica Minolta, Clearpath Partner to Streamline Medical Record Sharing

by Syed Hamza Sohail 10/11/2024 Leave a Comment

Konica Minolta, Clearpath Partner to Streamline Medical Record Sharing

What You Should Know: Konica Minolta Healthcare Americas, Inc. has partnered with Clearpath Technologies to integrate Clearpath’s automated platform for securely sharing medical records and images from the Exa® Platform. This collaboration reinforces Konica Minolta's vision for Exa as a fully integrated enterprise imaging solution that connects patients and providers across the continuum of care. Key benefits of this partnership include: - Instant Record Access: Medical imaging records are
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Thrivelab Launches Affordable Virtual Menopause Care for Women in New Jersey

by Jasmine Pennic 10/11/2024 Leave a Comment

What You Should Know:  - Thrivelab, a provider of hormone health services, is addressing the women's health crisis by launching accessible and affordable virtual menopause care in New Jersey.  - Thrivelab aims to bridge the gap in menopause care and provide relief for women experiencing hormonal imbalances. Addressing a Critical Need A staggering 80% of women between the ages of 35 and 70 suffer from symptoms of hormone imbalance, yet many remain untreated due to a lack of
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RadiantGraph Raises $11M to Expand AI-Driven Personalized Engagement for Health Plans

by Fred Pennic 10/10/2024 Leave a Comment

RadiantGraph Raises $11M to Expand AI-Driven Personalized Engagement for Health Plans

What You Should Know:  - RadiantGraph, an AI-powered platform designed to transform consumer engagement in healthcare, has secured $11M in Series A funding led by M13, with significant participation from XYZ Ventures and True Ventures.  - The investment will fuel the expansion of RadiantGraph's platform capabilities and drive further growth within health plans and healthcare service organizations. Addressing the Challenges of Member Engagement Traditional methods of member
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Microsoft Expands Healthcare AI Capabilities for Healthcare Organizations

by Fred Pennic 10/10/2024 Leave a Comment

Microsoft Expands Healthcare AI Capabilities to Enhance Patient Care

What You Should Know: - Microsoft today announced enhanced Microsoft Cloud for Healthcare AI solutions and capabilities that support healthcare organizations in their journey toward shaping healthier futures.  - In addition to expanded healthcare AI capabilities, Microsoft also shared updates on how customers including Providence, Paige.ai, and Cleveland Clinic are leveraging these capabilities.  Shaping a Healthier Future with AI The technology streamlines workflows,
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Suki Raises $70M to Advance AI-Powered Solutions for Healthcare

by Fred Pennic 10/10/2024 Leave a Comment

Suki to Deploy AI Assistant to Underserved Communities

What You Should Know:  - Suki, a provider of artificial intelligence (AI) technology for healthcare raises $70M in new funding, bringing its total funding to $165M.  - The investment, led by Hedosophia with significant participation from Venrock and existing investors, will fuel Suki's continued growth and product development, solidifying its position as a leader in AI-driven healthcare solutions. Suki's Mission: Making Healthcare Technology Invisible and Assistive Suki's
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Introducing Motion: Real-Time Motion Insights for Aging in Place

by Syed Hamza Sohail 10/10/2024 Leave a Comment

Introducing Motion: Real-Time Motion Insights for Aging in Place

What You Should Know: -  Threshold Care Inc., a company committed to empowering caregivers with essential insights about their aging loved ones, announces the availability of Motion, the first noninvasive Wi-Fi sensing plug designed to provide caregivers with real-time motion insights without needing cameras or wearables. -  Motion allows caregiving family members to receive focused insights into motion patterns within their loved ones’ homes without intruding on their
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Glooko Secures $100M, Appoints Mike Alvarez as New CEO

by Fred Pennic 10/10/2024 Leave a Comment

Glooko Secures $100 Million Series F Financing and Appoints Mike Alvarez as Chief Executive Officer

- Glooko, a global digital health company, has announced a successful Series F funding round, raising $100M to fuel its continued growth and product development led by Georgian, with participation from Health Catalyst Capital, Canaan, and other investors.  - In addition to this significant investment, Glooko also announced the appointment of Mike Alvarez as its new Chief Executive Officer. Funding to Drive Product Innovation and Global Expansion This substantial investment will support
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clock.bio Raises $5.3M to Decode Human Rejuvenation, Develop Anti-Aging Therapies

by Fred Pennic 10/10/2024 Leave a Comment

clock.bio Raises $5.3M to Decode Human Rejuvenation, Develop Anti-Aging Therapies

What You Should Know:  - clock.bio, a healthspan biotechnology company based at the Milner Therapeutics Institute in Cambridge, has secured $5.3M in seed funding to advance its groundbreaking research on human rejuvenation.  - The seed funding round was led by LocalGlobe, with participation from BlueYard Capital, Onsight Ventures, and Dr. Jonathan Milner, the Founder of Abcam. Decoding the Secrets of Cellular Rejuvenation clock.bio has developed a proprietary aging model
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MedCognetics Unveils Embedded AI Cancer Detection System for Mammography Imaging

by Syed Hamza Sohail 10/10/2024 Leave a Comment

MedCognetics Unveils Embedded AI Cancer Detection System for Mammography Imaging

What You Should Know: -  MedCognetics, Inc., a company focusing on medical imaging AI, today announced the successful testing and implementation of the first embedded AI image processing and cancer detection system for mammography. -  The system utilizes the NVIDIA IGX OrinTM medical-grade edge AI platform alongside MedCognetics’ advanced AI-enabled software, CogNet AI-MT, which was developed in collaboration with clinical leaders worldwide. CogNet AI-MT has been trained on a diverse
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