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Digital Health | News, Analysis, Insights - HIT Consultant

AMA Issues CPT Code for Eko Health’s AI-Powered Cardiac Screening Tool

by Syed Hamza Sohail 11/14/2024 Leave a Comment

AMA Issues CPT Code for Eko Health's AI-Powered Cardiac Screening Tool

What You Should Know: - Eko Health, a pioneer in applying artificial intelligence for early detection of heart and lung diseases, today announced the issuance of a Category III Current Procedural Terminology (CPT) code by the American Medical Association (AMA) for its SENSORA™ platform. -The newly issued Category III CPT code will be effective on July 1, 2025, and is the first step to coverage and reimbursement for SENSORA™, bringing advanced heart disease detection to clinicians across
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Unlocking Real-World Data to Advance Precision Medicine in 2025

by Noah Nasser, CEO, datma 11/14/2024 Leave a Comment

Unlocking Real-World Data to Advance Precision Medicine

The healthcare industry is a wellspring of data, from electronic health records to data from wearables, health insurance claims, and a multitude of real-world data (RWD) points. While RWD has been utilized to improve drug discovery and clinical services, recent technological advances in data management, artificial intelligence, and bioinformatics are beginning to reveal its transformative potential in healthcare, especially within precision medicine. As the industry seeks to employ new
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The Future of Healthcare: AI-Powered Patient Experiences

by Juan Jose (JJ) Lopez Murphy, Head of AI and Data Science at Globant 11/14/2024 Leave a Comment

The Future of Healthcare: AI-Powered Patient Experiences

As the AI market in healthcare soars to a projected $187.95 billion by 2030, the transformative impact of technology on patient care becomes increasingly evident. AI is at the forefront of revolutionizing healthcare, blending data analytics, user-centric innovations, and advanced technology to reshape traditional health management and personalize the patient experience. This rapid evolution underscores a critical shift in healthcare dynamics by creating a patient experience that mirrors what
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Evvy Launches Prescription-Grade At-Home Treatments for Vaginal Health

by Jasmine Pennic 11/14/2024 Leave a Comment

Evvy Launches Prescription-Grade At-Home Treatments for Vaginal Health

What You Should Know:  - Evvy, a female-founded vaginal microbiome company, is expanding access to science-backed women's healthcare with the launch of new prescription-grade, at-home treatments for vaginal health.  - These treatments offer fast-acting relief for common vaginal symptoms like pH imbalance, dryness, odor, and irritation. Expanding Access to Vaginal Healthcare This marks the first time patients can access Evvy's prescription products without first taking the
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Primary Care Provider Forward Closes Its Doors

by Fred Pennic 11/13/2024 Leave a Comment

Forward Secures $100M to Expand AI-Powered Doctor’s Offices

What You Should Know:  - Forward, a technology-driven preventive primary care provider, has announced the immediate closure of all its locations and the shutdown of its mobile app.  - The sudden announcement leaves members scrambling to find new providers and access their medical records. Immediate Cessation of Services Effective immediately, Forward has ceased all operations, including: Employee Layoffs: All 200 Forward employees will be laid off. Closure of
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NVentures Invests in Genesis Therapeutics’ AI Platform for Drug Development

by Syed Hamza Sohail 11/13/2024 Leave a Comment

NVentures Invests in Genesis Therapeutics' AI Platform for Drug Development

What You Should Know: - Genesis Therapeutics, a company pioneering artificial intelligence (AI) technologies to create breakthrough medicines for patients, announced today a further equity investment from NVentures, NVIDIA’s venture capital arm. - This investment is in addition to NVentures’ participation in the company’s $200 million Series B financing in August 2023. Genesis Therapeutics Partners with NVIDIA to Advance AI-Driven Drug Discovery Genesis Therapeutics, an AI-focused
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Medeloop Raises $15.5M for AI-Driven Medical Research Platform

by Fred Pennic 11/13/2024 Leave a Comment

Medeloop Raises $15.5M for AI-Powered Medical Research Platform

What You Should Know:  - Medeloop, a pioneering medical research platform, has secured $15.5M in Series A funding to further its mission of revolutionizing medical research through artificial intelligence (AI).  - The funding round was led by Inovia Capital, with participation from Icon Ventures and support from existing investors General Catalyst and Maven Ventures. AI-Powered Platform Streamlines Research Founded by AI experts at Stanford, Medeloop partners with
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Bluespine Raises $7.2M to Combat Medical Overbilling with AI

by Fred Pennic 11/13/2024 Leave a Comment

Bluespine Raises $7.2M to Combat Medical Overbilling with AI

What You Should Know:  - Bluespine, an AI-driven claims cost reduction platform for self-insured employers, has secured $7.2M in seed funding to address the pervasive issue of medical overbilling in the US healthcare system led by Team8. - The seed funding will accelerate Bluespine's adoption by US employers and brokers, as well as support further research and development. Tackling the Healthcare Cost Crisis Bluespine was co-founded by a team of technology experts with deep
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NEC X Invests in GPx to Advance AI-Driven Chronic Disease Monitoring

by Syed Hamza Sohail 11/13/2024 Leave a Comment

NEC X Invests in GPx to Advance AI-Driven Chronic Disease Monitoring

What You Should Know: - NEC X, the Silicon Valley venture studio backed by NEC’s portfolio of advanced technologies and global businesses, today announced a new investment in General Prognostics Inc. - (GPx), a fast-growing MedTech startup revolutionizing chronic disease monitoring and management. NEC X Invests in GPx to Advance Remote Blood Monitoring Solution for Heart Failure Patients NEC X has invested in GPx as part of its strategic effort to foster healthcare innovation and
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HealthTap Enter DME Market with Aeroflow Healthcare

by Syed Hamza Sohail 11/13/2024 Leave a Comment

HealthTap Enters DME Market with Aeroflow Healthcare

What You Should Know: - HealthTap, a leading virtual healthcare provider delivering affordable, high-quality primary care, today announced its launch into the durable medical equipment (DME) market with its first partner, Aeroflow Healthcare. - With the news, HealthTap is positioned to help more patients seamlessly access primary care and DME services. Aeroflow customers who don’t have an established primary care provider (PCP) can now conveniently connect with a licensed HealthTap
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