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Digital Health | News, Analysis, Insights - HIT Consultant

Transcarent Secures $126M to Expand Employer-Sponsored Healthcare

by Fred Pennic 05/02/2024 Leave a Comment

Transcarent Secures $126M to Revolutionize Employer-Sponsored Healthcare

What You Should Know: - Transcarent, a platform simplifying health and care for employers and individuals, secures $126 million in a Series D funding round led by General Catalyst and 7wireVentures.  - The latest funding brings Transcarent's total funding to approximately $450M at a valuation of $2.2B. A One-Stop Solution for Employer-Sponsored Healthcare Transcarent's industry-leading platform streamlines healthcare access for both employers and employees. It is the only
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Karius Secures $100M to Expand Non-Invasive Pathogen Blood Test

by Fred Pennic 05/02/2024 Leave a Comment

Karius Secures $100M to Expand Non-Invasive Pathogen Blood Test

What You Should Know: -  Karius®, a leader in genomic diagnostics for infectious disease, announced today the closing of a $100 million Series C funding round.  - Co-led by Khosla Ventures and newcomers 5AM Ventures and Gilde Healthcare, the funding round also saw participation from existing investors like Softbank Vision Fund 2 and General Catalyst.   - This significant investment fuels Karius' mission to revolutionize infectious disease diagnosis by expanding
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Intermountain Health Deploys Nuance’s DAX Copilot Across Enterprise

by Jasmine Pennic 05/02/2024 Leave a Comment

What You Should Know: - Intermountain Health, a leading healthcare system serving the Intermountain West, announced today the enterprise-wide deployment of Nuance Communications' Dragon® Ambient eXperience™ (DAX™) Copilot, a generative AI solution aimed at improving clinical documentation efficiency and reducing administrative burdens. - Intermountain Health emphasizes the responsible development and application of AI technology. DAX Copilot incorporates Microsoft's responsible AI
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Livara Health Secures $15M to Expand Value-Based Musculoskeletal Care Solutions

by Fred Pennic 05/02/2024 Leave a Comment

Livara Health Secures $15M to Expand Value-Based Musculoskeletal Care Solutions

What You Should Know:  - Livara Health, a leading provider of value-based musculoskeletal (MSK) management solutions, raises $15M in Series B funding led by A1 Health Ventures.  - Existing investors Polaris Partners, Providence Ventures, Martin Ventures, and a new strategic investor also participated in the round. Livara Health: A Leader in Value-Based MSK Care Livara Health (formerly SpineZone) offers a comprehensive value-based MSK management solution. Through a
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How Digital Health and Cryptocurrency are Transforming Modern Therapies

by Fred Pennic 05/02/2024 Leave a Comment

How Digital Health and Cryptocurrency are Transforming Modern Therapies

The collaboration between digital health and online gaming is unexpectedly proving to be impactful. Digital health platforms, enhancing accessibility and customization of healthcare treatments, are at the forefront of this change. Meanwhile, gaming platforms that support bitcoin esports betting offer users the chance to engage in casino-style games and earn cryptocurrency, reshaping our perception of gaming's role in health and well-being. Therapeutic Value of Game-Based
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LifeMD Integrates with Withings: GLP-1 Weight Loss with In-Home Monitoring

by Syed Hamza Sohail 05/02/2024 Leave a Comment

LifeMD Integrats with Withings: GLP-1 Weight Loss with In-Home Monitoring

 What You Should Know: -              LifeMD, Inc.® (Nasdaq: LFMD), a leading provider of virtual primary care services, and Withings Health Solutions, a leader in digital health technology, announce a new strategic partnership designed to revolutionize weight management patient care by providing LifeMD's GLP-1 weight-loss patients with Withings advanced in-home health monitoring devices, including the Body Pro 2 scale and
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POGO Automatic Blood Glucose Monitor Now Covered by Medicare Part B

by Syed Hamza Sohail 05/02/2024 Leave a Comment

POGO Automatic Blood Glucose Monitor Now Covered by Medicare Part B

What You Should Know: -              Intuity Medical, Inc., a medical technology company committed to making it easier to live with diabetes, announced today that its POGO Automatic® Blood Glucose Monitoring (ABGM) system, featuring one-step testing, is now covered by Medicare Part B. This decision expands access to the innovative monitor for the 16.5 million seniors age 65 and up living with
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3 Critical Vulnerabilities Found in Merge DICOM Toolkit

by Fred Pennic 05/02/2024 Leave a Comment

3 Critical Vulnerabilities Found in Merge DICOM Toolkit

What You Should Know: - Security researchers at Nozomi Networks Labs identified three vulnerabilities in the Merge DICOM Toolkit C/C++ SDK (versions prior to v5.18).  - These vulnerabilities could be exploited by attackers to crash medical imaging systems through seemingly harmless actions like opening a DICOM file or processing network data. The Importance of the Merge DICOM Toolkit In the world of medical imaging, the Merge DICOM Toolkit plays a vital role. This software library
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How AI Can Increase the Success of Clinical Denials Appeals

by Steve Albert, Executive Vice President and Chief Product Officer, R1 05/02/2024 Leave a Comment

Can AI Increase the Success of Clinical Denials Appeals?

It’s a perfect storm of financial pressures facing healthcare provider organizations – from rising costs to labor shortages to constrained capacity – that stymies revenue growth. Growing challenges with payer payments only exacerbate these issues. According to a Kaufman Hall report, 73% of leaders surveyed said claims denials, which was the top revenue cycle issue in 2022, had increased in 2023. The cost of denials is staggering. A recent data analysis revealed that providers spent nearly $20
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Ro Unveils Vertically Integrated Platform for Seamless Patient Care

by Jasmine Pennic 05/02/2024 Leave a Comment

Ro Unveils Vertically Integrated Platform for Seamless Patient Care

What You Should Know:  - Ro, the leading direct-to-patient healthcare company, unveils ro.OS, a technology platform designed to transform the healthcare experience.  - This comprehensive system, in development for over six years, vertically integrates telehealth, lab services, and pharmacy operations, creating a seamless and high-quality care journey for millions of patients. ro.OS: Empowering Patients and Providers ro.OS goes beyond simply connecting healthcare services. It
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