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Digital Health | News, Analysis, Insights - HIT Consultant

Democratizing Healthcare: How Telehealth and AI Are Transforming Access and Affordability

by Our Thought Leaders 04/03/2024 Leave a Comment

Democratizing Healthcare: How Telehealth and AI Are Transforming Access and Affordability

Each year, the financial barriers to healthcare continue to become more pronounced in the US. For example, the health expenditure per person in the US was $12,555 in 2022, with comparable countries spending about half of that. These costs can put such strain on Americans that a 2023 poll from KFF found that one in four adults will outright skip or postpone getting healthcare, which rises to six in ten among uninsured adults.  There are other accessibility barriers to
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15-Second Heart Failure Test: Eko’s AI Stethoscope Gets FDA Nod

by Fred Pennic 04/02/2024 Leave a Comment

15-Second Heart Failure Test: Eko's AI Stethoscope Gets FDA Nod

What You Should Know: - Eko Health, a provider of AI-powered heart and lung disease detection today announced FDA clearance for its Low EF detection AI. - Built in collaboration with Mayo Clinic, the AI allows U.S. healthcare providers to detect Low Ejection Fraction (LVEF), a crucial indicator of heart failure, in just 15 seconds using a standard Eko stethoscope during a routine physical exam. Importance of Early Detection The advancement in early detection signifies a major medical
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Aegis Ventures Launches “Digital Consortium” with 9 Health Systems for Healthcare Innovation

by Fred Pennic 04/02/2024 Leave a Comment

Aegis Ventures Launches "Digital Consortium" with 9 Health Systems for Healthcare Innovation

What You Should Know: - Aegis Ventures, a New York-based healthcare venture studio, announced the formation of the Digital Consortium, a groundbreaking initiative designed to tackle some of healthcare's most pressing challenges with nine leading health systems. - Consortium members will innovate directly with Aegis to co-develop, invest in, and deploy healthtech solutions that address healthcare’s most urgent quality, equity, and cost problems, and enable them to better care for the
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John Snow Labs Launches No-Code Generative AI Lab

by Fred Pennic 04/02/2024 Leave a Comment

John Snow Labs Launches No-Code Generative AI Lab

What You Should Know: - John Snow Labs launches Generative AI Lab, a first-of-its-kind platform empowering healthcare professionals, even those without coding experience, to harness the power of artificial intelligence. - By eliminating coding barriers and prioritizing human oversight, John Snow Labs is paving the way for a future where AI can be a powerful tool for improving healthcare outcomes. Building Better Models Without the Code Traditionally, building and training AI models
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Viome’s Oral Cancer Detection Test with Henry Schein

by Syed Hamza Sohail 04/02/2024 Leave a Comment

Viome's Oral Cancer Detection Test with Henry Schein

What You Should Know: Viome, a leading innovator of health technology and personalized health solutions, is partnering with Henry Schein to provide better access to Viome’s Oral Health Pro™ With CancerDetect™.Viome’s laboratory-developed test helps detect early biomarkers of oral and throat cancers, enhancing practitioners’ ability to effectively harness the power of preventive care and improve patient outcomes. Revolutionizing Oral Cancer Detection: Henry Schein and Viome
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Zephyr AI Appoints Rachael Brake, Ph.D., as Chief Scientific Officer

by Executive Hires 04/02/2024 Leave a Comment

Zephyr AI Appoints Rachael Brake, Ph.D., as Chief Scientific Officer

What You Should Know: - Zephyr AI, Inc. ("Zephyr AI"), a pioneering healthcare technology company announced the appointment of Rachael Brake, PhD, as its new Chief Scientific Officer (CSO). - In her new role as CSO, Dr. Brake will spearhead Zephyr AI's scientific, strategic, and commercial endeavors, leveraging her extensive experience in precision medicine and immuno-oncology. Dr. Rachael Brake Bio/Background Before joining Zephyr AI, Dr. Rachael Brake served as the Chief Scientific
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Virtual Second Opinions Saves $8,700 Per Patient, Study Reveals

by Fred Pennic 04/02/2024 Leave a Comment

Virtual Second Opinions Saves $8,700 Per Patient, Study Reveals

What You Should Know: - A new study by The Clinic by Cleveland Clinic, a leader in virtual second opinions (VSOs), reveals significant cost savings and improved care for patients. - The quantitative analysis, conducted by an independent third party, demonstrates that VSOs generate an average savings of $8,705 per patient. Reduced Misdiagnoses and Overtreatment Lead to Cost Savings The study highlights the potential for VSOs to prevent misdiagnoses and unnecessary procedures. 
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Providence Spins Out Praia Health Secures $20M for Digitally Driven Health System Transformation

by Syed Hamza Sohail 04/02/2024 Leave a Comment

Providence Spins Out Praia Health Secures $20M for Digitally Driven Health System Transformation

What You Should Know: Praia Health, a newly formed digital health company, today announced the closing of a $20 million oversubscribed Series A financing led by Frist Cressey Ventures and backed by SignalFire, Epsilon Health Investors and Providence Ventures.The funding will bolster the platform’s ability to revolutionize the delivery of individualized health solutions at scale, enabling digitally driven health system transformation. Praia Health: Transforming
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Intermountain Deploys Remote Patient Monitoring for Older Adults with Chronic Conditions

by Fred Pennic 04/01/2024 Leave a Comment

What You Should Know: - Intermountain Health, a healthcare system forms a strategic partnership with Sensorum Health, a healthcare technology company specializing in remote patient monitoring. - The strategic collaboration aims to improve health outcomes and primary care access for older adults living independently with multiple chronic conditions. By focusing on early detection and personalized care plans, they aim to empower older adults to live healthier, more independent
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QuickMD Acquires Project Recovery, Expanding Access to Telehealth Addiction Treatment in South Dakota

by Jasmine Pennic 04/01/2024 Leave a Comment

QuickMD Acquires Project Recovery, Expanding Access to Telehealth Addiction Treatment in South Dakota

What You Should Know: - QuickMD, a leader in telehealth addiction treatment, has announced the acquisition of Project Recovery, a well-respected addiction treatment clinic in South Dakota. This strategic move strengthens QuickMD's commitment to making high-quality addiction treatment accessible and compassionate for individuals battling substance use disorders. - The acquisition allows QuickMD to offer a seamless continuum of care, from telehealth consultations to in-person appointments
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