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Digital Health | News, Analysis, Insights - HIT Consultant

Abbott Unveils FreeStyle Libre 3 Plus: World’s Smallest CGM Sensor with Future AID Compatibility

by Jasmine Pennic 06/27/2024 Leave a Comment

Abbott Unveils FreeStyle Libre 3 Plus: World's Smallest CGM Sensor with Future AID Compatibility

What You Should Know:  - At the American Diabetes Association conference, Abbott unveiled a new addition to its FreeStyle Libre portfolio – the FreeStyle Libre 3 Plus sensor.  - The sensor boasts the distinction of being the world's smallest, thinnest, and most discreet continuous glucose monitoring (CGM) sensor available. Unmatched Design and Performance The FreeStyle Libre 3 Plus sensor offers a unique combination of user-centric features: Unmatched Discreetness: The
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Sidecar Health Secures $165M to Disrupt Employer-Sponsored Healthcare

by Fred Pennic 06/27/2024 Leave a Comment

Sidecar Health Secures $165M to Disrupt Employer-Sponsored Healthcare

What You Should Know:  - Sidecar Health, a health insurance provider for businesses raises $165M in a Series D funding round led by Koch Disruptive Technologies with participation from new and existing investors such as GreatPoint Ventures, BOND, Cathay Innovation, Drive Capital, Duke University, Menlo Ventures, and Morpheus. - Sidecar Health's $165 million funding round and strategic partnership with Koch Industries position them as a major disruptor in the employer-sponsored health
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Fighting Rectal Cancer with AI: Researchers Secure $2.78M Grant

by Fred Pennic 06/27/2024 Leave a Comment

Black and Hispanic Patients Face Higher Liver Cancer ED Visits

What You Should Know:  - A glimmer of hope emerged today for rectal cancer patients as a collaborative effort between Case Western Reserve University (CWRU), Cleveland Clinic, and University Hospitals (UH) received a $2.78 million grant over five years from the National Institutes of Health and National Cancer Institute. This grant will fuel research leveraging artificial intelligence (AI) to personalize treatment for rectal cancer patients. - The new research effort signifies a
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AWS Invests $10M to Fight Childhood Diseases with GenAI & Cloud Innovation

by Fred Pennic 06/26/2024 Leave a Comment

AWS Invests $10M to Fight Childhood Diseases with GenAI & Cloud Innovation

What You Should Know:  - Amazon Web Services (AWS) announced a significant $10M commitment to propel research for pediatric healthcare and unlock a deeper understanding of rare childhood diseases.  - The initiative targets a critical gap in resources and aims to empower researchers to develop more effective treatments for vulnerable young patients. A Mother's Story Fuels the Fight Nicole Giroux's daughter Lila's journey with inoperable brain cancer at just 15 months old
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Foodsmart Lands $200M to Fight Food Insecurity with Telenutrition

by Syed Hamza Sohail 06/26/2024 Leave a Comment

Foodsmart Lands $200M to Fight Food Insecurity with Telenutrition

What You Should Know: -       The Rise Fund, the multi-sector strategy of TPG’s global impact investing platform, today announced it has signed definitive documentation to lead an investment of over $200 million in Foodsmart, the leading telenutrition provider and food benefits management platform in the US. Terms of the transaction were not disclosed. -       Founded in 2010, Foodsmart supports those facing chronic disease and
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Form Health Secures $38M to Expand Science-Based Telehealth Obesity Care

by Jasmine Pennic 06/26/2024 Leave a Comment

Form Health Secures $38M to Expand Science-Based Telehealth Obesity Care

What You Should Know:  - Form Health, the leading provider of science-based obesity care in the United States raised $38M in Series B funding led by Sound Ventures, the round also included participation from M13, SignalFire, and Next View Ventures.  - By combining science-based treatment plans with a convenient telehealth platform and a focus on building a team of top specialists, Form Health aims to make effective and personalized weight loss solutions accessible to a wider
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PicnicHealth Unveils Universal Patient Record with GenAI

by Fred Pennic 06/26/2024 Leave a Comment

PicnicHealth Unveils Universal Patient Record with GenAI

What You Should Know:  - PicnicHealth, a company focused on empowering health and research through patient data, announced PicnicAI, a technology platform unlocking the long-awaited Universal Patient Record.  - The innovative platform leverages the power of artificial intelligence (AI) to collect and interpret medical records from across the United States, transforming them into valuable insights for both patients and researchers. PicnicAI: Powering Personalized Care and
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CHAI Releases Draft Responsible Health AI Framework

by Syed Hamza Sohail 06/26/2024 Leave a Comment

CHAI Releases Draft Responsible Health AI Framework

What You Should Know: -              Today the Coalition for Health AI (CHAI) released a draft framework for responsible health AI with an invitation for public review and comment. -              The framework, consisting of an Assurance Standards Guide, provides considerations to ensure standards are met in the deployment of AI in healthcare. This draft
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eVisit Acquires UPMC’s Inpatient Teleconsult Technology

by Fred Pennic 06/25/2024 Leave a Comment

eVisit Acquires UPMC's Inpatient Teleconsult Technology

What You Should Know:  - eVisit, a provider of virtual care solutions for health systems, announced a significant expansion today through a three-pronged approach: acquisition of UPMC's inpatient teleconsult technology, strategic investments from UPMC Enterprises and MedStar Health, and the addition of key figures to its Clinical Advisory Board. - The strategic expansion solidifies eVisit's leadership in the telehealth landscape, empowering healthcare systems to deliver exceptional
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Glass Half-Full: How Practically Applied Generative AI Will Enhance Healthcare Operations

by Heather Bassett, M.D., Chief Medical Officer with Xsolis 06/25/2024 Leave a Comment

Glass Half-Full: How Practically Applied Generative AI Will Enhance Healthcare Operations

The year 2023 marked a milestone for generative AI, bringing unprecedented attention to the immense potential of AI technologies across industries. As a physician who also leads a team of data scientists, I'm thrilled to see this broader market awareness – but it’s important to recognize that AI has been quietly advancing healthcare for decades. In fact, AI was first applied in the field of biomedical research as early as the 1970s. Over the following decades, as manual data modeling
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