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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Digital Health | News, Analysis, Insights - HIT Consultant
HIMSS24 Roundup: M&A, Strategic Partnerships, Deployments, Product Launches, Funding, More
Strategic Partnerships
New Consortium Aims to Ensure Responsible Use of AI in Healthcare
A new initiative, the Trustworthy & Responsible AI Network (TRAIN), was announced at the HIMSS 2024 Global Health Conference. Through collaboration, TRAIN members will help improve the quality, safety, and trustworthiness of AI in health by sharing best practices, enabling registration of AI used for clinical care or clinical operations, providing tools to enable measurement of outcomes
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Mayo Clinic Platform Unveils Solutions Studio to Propel Digital Health Innovation
What You Should Know:
- Mayo Clinic Platform launches Solutions Studio, a groundbreaking program designed to accelerate the development, validation, and deployment of digital health solutions.
- Solutions Studio addresses a critical challenge in healthcare – bridging the gap between promising digital health innovations and their practical integration into clinical workflows.
Addressing Challenges in Digital Health
The high costs and complexities associated with bringing digital
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Amazon, CVS, Google, Mayo Clinic, Stanford Others Join Coalition for Health AI (CHAI) as Founding Partners
What You Should Know:
- The Coalition for Health AI (CHAI) announced today a significant milestone with the formation of its founding partner group.
- The diverse group brings together leading non-profit research institutions, patient advocacy organizations, and healthcare providers alongside major technology companies.
Shared Mission: Trustworthy AI for Better Healthcare
CHAI's core mission is to establish itself as the go-to resource for responsible AI in healthcare. They aim
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Therabody Pours $10M into Scientific Research, Formalizes Advisory Board
What You Should Know:
- Therabody, an innovator in wellness technology is pledging over $10M to fund scientific and clinical research studies across beauty, wellness, and athletic performance.
- The investment reflects their commitment to scientific validation in a rapidly evolving healthcare landscape. Therabody will also launch its first grant program to support researchers globally who are merging wellness and technology in their work.
Therabody & ACSM Partnership
A key
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Better Therapeutics Shutters Operations, Terminates Employees, NASDAQ Delisting
What You Should Know:
- Better Therapeutics (BTTX), a developer of prescription digital therapeutics (PDT), announced today it is shuttering operations and terminating its employees as they explore strategic alternatives.
- The announcement follows a special meeting of the board of directors on March 13, 2024.
Strategic Crossroads
The company will explore strategic options, including:
Assignment for the Benefit of Creditors (ABC): In an ABC, an independent trustee takes
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Tempus Donates Over 3,000 Cancer Patient Profiles to Fuel National Cancer Institute Research
What You Should Know:
- Tempus, a leader in artificial intelligence and precision medicine, announced a groundbreaking data contribution to the National Cancer Institute (NCI) today.
- The first-of-its-kind contribution will significantly enhance the NCI's planned Data Enclave, a secure repository designed to accelerate cancer research.
Unlocking Insights from 3,000 Cancer Diagnoses
Tempus is donating de-identified tumor profiles with limited associated clinical information from over
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Zephyr AI Secures $111M to Democratize Precision Medicine with Explainable AI
What You Should Know:
- Zephyr AI, a healthcare technology company pioneering explainable AI (XAI) for precision medicine, raises $111M in Series A round led by Revolution Growth, Eli Lilly & Company, Jeff Skoll, and EPIQ Capital Group.
- The company plans to use this round of funding to refine its technology to fortify its extensive collection of training and validation datasets, crucial for robust AI models, deliver results even faster, and expand its scientific and commercial
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Pi Health Secures $30M to Democratize Cancer Clinical Trials
What You Should Know:
- Pi Health, a newly independent oncology-focused clinical research company raises $30M in Series A funding led by AlleyCorp and Obvious Ventures, with additional investments from Invus Capital and leaders in oncology from across the globe.
- The company, previously incubated by BeiGene (NASDAQ: BGNE), aims to revolutionize access to innovative cancer treatments through its technology platform and global network of clinical trial sites.
Less Than 8% of
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Nursing Report Reveals Generational Divide on Nursing’s Future, Amidst Staffing Shortages
What You Should Know:
- Incredible Health, the leading healthcare career marketplace, released its 5th Annual State of US Nursing Report today. The report, based on data from one million nurses and a survey of over 3,300, offers a comprehensive look at the state of nursing in the United States.
- The report underscores the need for solutions to address staffing shortages, improve compensation, and enhance nurse safety and well-being. Collaboration between healthcare systems,
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