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Digital Health | News, Analysis, Insights - HIT Consultant

Providence, Microsoft, UW Develop AI-Powered Pathology Model

by Fred Pennic 05/23/2024 Leave a Comment

Providence, Microsoft, and UW Develop AI-Powered Pathology Model

What You Should Know:  - A collaborative effort between Providence, Microsoft, and the University of Washington has yielded a breakthrough in cancer diagnostics with the development of an AI-powered pathology model, Prov-GigaPath. - Prov-GigaPath is an AI-powered pathology model designed to improve patient care and transform cancer diagnostics. It analyzes entire pathology slides to identify patterns, leading to more accurate mutation predictions and effective cancer subtyping. The
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OncoveryCare Secures $4.5M to Launch Novel Cancer Survivorship Model

by Syed Hamza Sohail 05/23/2024 Leave a Comment

OncoveryCare Secures $4.5M to Launch Novel Cancer Survivorship Model

What You Should Know: -       OncoveryCare (formerly VivorCare) has closed an oversubscribed $4.5 million seed financing to launch its novel cancer survivorship care model. -       The fundraise was led by .406 Ventures alongside the McKay Institute for Oncology Transformation at Tennessee Oncology. Tennessee Oncology, which treats half of Tennessee’s cancer patients at 35 sites, is also a founding member of OneOncology, a
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Tempus AI Files for IPO, Eyes Over $600M in Funding for AI-Powered Precision Medicine

by Fred Pennic 05/23/2024 Leave a Comment

Tempus AI Files for IPO, Eyes Over $600M in Funding for AI-Powered Precision Medicine

What You Should Know:  - Tempus AI, a leader in artificial intelligence (AI)-powered precision medicine, filed with the Securities and Exchange Commission (SEC) on Monday to raise up to $100M in an initial public offering (IPO). Industry analysts, however, believe this figure might be a placeholder, with the actual target amount closer to $600M. - Founded in 2015 and headquartered in Chicago, Illinois, Tempus AI reported $562M in revenue for the fiscal year ending March 31,
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Tuesday Health Launches Supportive Care Solution with $60M

by Fred Pennic 05/23/2024 Leave a Comment

Tuesday Health Launches Supportive Care Solution with $60M

What You Should Know:  - Tuesday Health, a leader in value-based care for the seriously ill, has launched its innovative supportive care solution with $60M in partnership with Valtruis, Blue Venture Fund, Mass General Brigham Ventures, and CareSource.  - Tuesday Health's mission is to make the end-of-life journey clearer and more supportive for patients and families. With this significant investment and a committed team, they are well-positioned to achieve their goals and
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Avel eCare Launches Clinical Workflow Platform for Telemedicine Services

by Fred Pennic 05/23/2024 Leave a Comment

Avel eCare Launches Clinical Workflow Platform for Telemedicine Services

What You Should Know:  - Avel eCare, a leading provider of clinician-to-clinician telemedicine services, has announced the launch of Avel eSync.  - The innovative platform is designed to revolutionize telemedicine by streamlining workflows and empowering healthcare organizations to seamlessly integrate these services into their operations. Optimizing the Clinician Experience Avel eSync's core strength lies in its advanced workflow capabilities. This clinician-centric
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Click Therapeutics Acquires Better Therapeutics, Expands into Obesity and Cardiometabolic Disease

by Fred Pennic 05/22/2024 Leave a Comment

Click Therapeutics Acquires Better Therapeutics, Expands into Obesity and Cardiometabolic Disease

What You Should Know:  - Click Therapeutics, a leader in prescription digital therapeutics (DTx), announced today the acquisition of key assets from Better Therapeutics.  - Click's expansion into cardiometabolic disease follows successful DTx development efforts in other areas, including migraine prevention, depression, schizophrenia, and opioid use disorder.   Strengthening the DTx Pipeline The acquisition includes several key assets from Better
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Virtual Reality Relief for Workers’ Compensation: AppliedVR Launches RelieVRx® Program

by Jasmine Pennic 05/22/2024 Leave a Comment

AppliedVR Releases Clinical Trial Results from In-Home Virtual Reality Program for Chronic Lower Back Pain

What You Should Know:  - AppliedVR, a leader in immersive therapeutic solutions, has announced the launch of their flagship product, RelieVRx®, into the workers' compensation market. This FDA-authorized virtual reality (VR) program is the first of its kind to offer comprehensive, non-pharmacological treatment for chronic lower back pain (CLBP - AppliedVR's RelieVRx® program signifies a significant advancement in pain management for workers' compensation claims.   A
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COTA and FDA Extend Collaboration to Advance Use of Real-World Data in Cancer Research

by Jasmine Pennic 05/22/2024 Leave a Comment

COTA and FDA Extend Collaboration to Advance Use of Real-World Data in Cancer Research

What You Should Know:  - COTA, a leader in real-world data and analytics solutions, today announced a five-year extension of its research collaboration with the U.S. Food and Drug Administration's (FDA) Oncology Center of Excellence (OCE).  - The five-year extension builds upon a successful partnership established in 2018 and signifies a continued commitment to utilizing real-world data (RWD) to enhance cancer treatment and regulatory decisions. Building on a Successful
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Twin Health Unveils Digital Twin AI for Weight Loss with GLP-1 Elimination

by Syed Hamza Sohail 05/22/2024 Leave a Comment

Twin Health Unveils Digital Twin AI for Weight Loss with GLP-1 Elimination

What You Should Know: -       Today, Twin Health announced it is extending its whole body digital twin AI platform, proven to help members achieve remission of type 2 diabetes and eliminate medications, to address the challenge of obesity and weight loss. -       Twin’s Healthy Weight solution combines digital twin AI and compassionate clinical care to help members achieve a healthy weight that they can sustain
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GoodRx Offers Up to 43% Discounts on Fertility Treatments, Launches Fertility Hub for Patient Supports

by Jasmine Pennic 05/22/2024 Leave a Comment

GoodRx Offers Up to 43% Discounts on Fertility Treatments, Launches Fertility Hub for Patient Supports

What You Should Know:  - GoodRx, a leading platform for prescription medication savings, announced today it's offering significant discounts of up to 43% on fertility treatments based on the best available GoodRx price. This move aims to help families and individuals manage the often-prohibitive costs associated with in vitro fertilization (IVF) and other fertility treatments. - By offering substantial discounts and educational resources, GoodRx is committed to making fertility care
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Evernorth Health Services Invests $3.5B in Shields Health Solutions

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KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

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Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

M&A:Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

Femtech: Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

Healthcare C-Suite Acknowledges AI Potential but Lacks Trust

Sage Growth Partners Report: Healthcare C-Suite Acknowledges AI Potential but Lacks Trust

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