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Digital Health | News, Analysis, Insights - HIT Consultant

The New Era of Virtual Care: Why Convenience Isn’t Enough Anymore

by Fred Pennic 03/19/2024 Leave a Comment

The New Era of Virtual Care: Convenience Isn't Enough Anymore

What You Should Know: - The COVID-19 pandemic propelled virtual care from a niche service to a mainstream necessity. However, as we move into a new era, consumer preferences surrounding virtual care are evolving, according to data from Rock Health's 2023 Consumer Adoption of Digital Health Survey. - The survey reveals that virtual care adoption has plateaued at a high level, with 76% of respondents having ever used it. However, a quarter of respondents still prefer in-person care, citing
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NVIDIA Healthcare Launches Generative AI Microservices for Drug Discovery

by Syed Hamza Sohail 03/19/2024 Leave a Comment

What You Should Know: NVIDIA today launched more than two dozen new microservices that allow healthcare enterprises worldwide to take advantage of the latest advances in generative AI from anywhere and on any cloud.The new suite of NVIDIA healthcare microservices includes optimized NVIDIA NIM AI models and workflows with industry-standard APIs, or application programming interfaces, to serve as building blocks for creating and deploying cloud-native applications. They offer advanced
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Hippocratic AI Secures $53M to Develop Safety-Focused GenAI for Healthcare

by Jasmine Pennic 03/18/2024 Leave a Comment

Hippocratic AI Secures $53M to Develop Safety-Focused GenAI for Healthcare

What You Should Know: - Hippocratic AI, a company developing a safety-focused Large Language Model (LLM) for healthcare raises $53M in Series A funding, bringing their total funding to $120M. The round was co-led by Premji Invest and General Catalyst with participation from SV Angel and Memorial Hermann Health System as well as existing investors Andreessen Horowitz (a16z) Bio + Health, Cincinnati Children’s, WellSpan Health, and Universal Health Services (UHS). - The company also launched
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NVIDIA, J&J MedTech Partner to Develop AI-Powered Digital Surgery Ecosystem

by Fred Pennic 03/18/2024 Leave a Comment

NVIDIA, J&J MedTech Partner to Develop AI-Powered Digital Surgery Ecosystem

What You Should Know: NVIDIA and Johnson & Johnson MedTech (J&J MedTech) are teaming up to develop new AI capabilities for J&J's connected digital surgery ecosystem. The strategic collaboration aims to boost operating room (OR) efficiency, improve clinical decision-making, and accelerate innovation in surgical AI. Why AI is Critical for the Future of Surgery AI is already used in surgery to analyze data collected during procedures. This new partnership takes things a step
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Despite Employer Insurance, Millions Still Struggle to Afford Care

by Fred Pennic 03/18/2024 Leave a Comment

Secret Struggle: Employer-Sponsored Insurance Doesn't Guarantee Access to Care, Paytient Study Reveals

What You Should Know: - A new study by Paytient, a provider of healthcare affordability solutions, sheds light on the surprising struggles of many Americans with employer-sponsored health insurance. - The study, titled "The Hidden Lives of Workplace-Insured Americans," commissioned from independent research group Nonfiction, reveals a troubling reality – millions are effectively self-insured due to high deductibles, leading to delayed care, financial strain, and a negative impact on both
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Banner Health Taps Regard to Deploy AI-Powered Clinical Automation Across Enterprise

by Fred Pennic 03/18/2024 Leave a Comment

Banner Health Taps Regard to Deploy AI-Powered Clinical Automation Across All Enterprise

What You Should Know: - Regard, a provider of AI-powered clinical automation for Electronic Health Records (EHRs), today announced a significant expansion of its partnership with Banner Health. - The enterprise-wide agreement will see Regard's technology deployed across all 33 of Banner's acute-care hospitals in six states throughout 2024. Building on a Successful Pilot Building upon a successful pilot program launched in June 2022 at Banner Thunderbird Medical Center, Banner Health
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American Cancer Society, Color Health Expand Cancer Care Program for Employers and Unions

by Jasmine Pennic 03/18/2024 Leave a Comment

American Cancer Society, Color Health Expand Cancer Care Program for Employers and Unions

What You Should Know: - The American Cancer Society (ACS) and Color Health announced today a significant expansion of their existing program, creating a first-of-its-kind comprehensive cancer solution for employers and labor unions. This enhanced program goes beyond screening and prevention to support employees and members throughout all stages of the cancer journey. - The expanded program builds upon the existing collaboration between ACS and Color Health, which has already provided
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Lunit Expands AI-powered Cancer Screening Solution to France and Portugal

by Jasmine Pennic 03/18/2024 Leave a Comment

Lunit Expands AI-powered Cancer Screening Solution to France and Portugal

What You Should Know: - Lunit (KRX:328130.KQ), a provider of AI-powered cancer diagnostics and therapeutics solutions, announced today two significant commercial agreements that mark its continued European expansion. - These strategic deals will bring Lunit's AI-powered cancer screening solution to healthcare providers in France and Portugal, aiding in the fight against cancer. TeleDiag and Lunit Partner to Improve Lung Cancer Detection in France Lunit has partnered with TeleDiag,
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FOLX Health Appoints Greg Sottolano as Chief People Officer

by Executive Digital Health Appointments 03/18/2024 Leave a Comment

FOLX Health Appoints Greg Sottolano as Chief People Officer

What You Should Know: - FOLX Health, the first of its kind, nationwide LGBTQIA+ digital healthcare service provider, built to serve the community’s specific needs appoints Greg Sottolano as Chief People Officer. - As Chief People Officer, Greg will be responsible for HR, L&D and Internal Communications and will be focused on developing best-in-class talent across clinical and headquarters staff and enhancing the company culture. - The strategic hire will support FOLX Health’s
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Rise of Retail Healthcare: Challenges and Opportunities for Payers

by Adam Rarick-Varner, Sr. Director of Healthcare Strategy at LexisNexis Risk Solutions 03/18/2024 Leave a Comment

The Rise of Retail Health: Payer Challenges and Patient Experiences

Healthcare delivery continues to evolve to meet ever-changing patient demands. Over the years, rural doctors who historically performed house calls have been replaced with regional physician groups and community hospitals that are owned and managed by large health systems with multiple locations. Nearly 70% of physicians now work for a corporate entity instead of private practices. Telehealth visits increased 26x during the COVID-19 pandemic and have since leveled off, but are still a preferred
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