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Digital Health | News, Analysis, Insights - HIT Consultant

Molecular Glue Revolution: TenAces Biosciences Unveils AI-Powered Drug Discovery Platform

by Syed Hamza Sohail 01/30/2024 Leave a Comment

Molecular Glue Revolution: TenAces Biosciences Unveils AI-Powered Drug Discovery Platform

What You Should Know: AION Labs, the first-of-its-kind venture studio spearheading the adoption of AI technologies and computational science to solve therapeutic challenges, announced today the formation of TenAces Biosciences.TenAces is a startup developing a novel approach to discover new molecular glue therapies, leveraging machine learning to enhance development of treatments for a range of conditions. Revolutionizing Molecular Glue Discovery with AI-Driven Targeted Protein
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Ballad Health Partners with 410 Medical for Rapid Fluid Delivery

by Jasmine Pennic 01/30/2024 Leave a Comment

Ballad Health Partners with 410 Medical for Rapid Fluid Delivery

What You Should Know: - Ballad Health, a leading healthcare system in the Appalachian Highlands, is partnering with 410 Medical to bring a revolutionary device called LifeFlow to its patients. - The portable, rapid fluid delivery system promises quicker resuscitation times for patients in critical conditions like sepsis, shock, trauma, and cardiac arrest. Time is Critical in Life-Threatening Situations Traditional methods of fluid administration can take up to 10 times longer than
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It Takes A Community to Support A Pregnancy. A Digital Health Ecosystem Could Provide One

by Loral Patchen, Sr. Faculty Midwife Attending, MedStar Washington Hospital Center and Anish Sebastian, CEO of Babyscripts 01/30/2024 Leave a Comment

It Takes A Community to Support A Pregnancy. A Digital Health Ecosystem Could Provide One

Our mothers are dying. In 2021, the United States saw 32.9 maternal deaths per 100,000 live births. When stratified by race, those rates were two to three times higher for Black women. While the popular press has succeeded in sounding the alarm, resulting in more public and policy dialogue around the issue than in preceding decades, the issue persists. Maternal mortality rates have consistently worsened year over year, yet maternal deaths attributed to hospitalizations related to birth declined
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State of Digital Health 2023: From Gold Rush to Consolidation in a Cooling Market

by Fred Pennic 01/29/2024 Leave a Comment

State of Digital Health 2023: From Gold Rush to Consolidation in a Cooling Market

What You Should Know: The year 2023 marked a stark shift for digital health, transitioning from the heady days of record-breaking funding to a harsh reality of tightening belts and consolidation, according to a new report from CB Insights. - The CB Insights report, State of Digital Health 2023, reveals that while the pandemic initially fueled a gold rush of innovation, the tide has turned, leaving a landscape of both challenges and opportunities. Funding Plummets, Deals Dry Up Global
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Sony Tech Powers Minnesota’s Telehealth Revolution for Medicaid Patients

by Jasmine Pennic 01/29/2024 Leave a Comment

Sony Tech Powers Minnesota's Telehealth Revolution for Medicaid Patients

What You Should Know: - HealtheMed, a revolutionary public health utility startup, is empowering underserved Medicaid recipients in Minnesota to live healthier, more independent lives through its innovative Clinic@Home platform. - The hybrid digital telehealth system brings healthcare directly into people's homes, overcoming barriers like transportation limitations, appointment scarcity, and anxiety. At the heart of this impactful program lies technology, and HealtheMed has found a
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53% of Psychologists Are Concerned About The Use of AI

by Fred Pennic 01/29/2024 Leave a Comment

53% of Psychologists Are Concerned About The Use of AI

What You Should Know: - As artificial intelligence (AI) creeps into every corner of life, psychology faces a critical juncture, according to a new study by PsychologyJobs.com reveals a complex and often conflicted landscape among psychologists regarding AI's potential and perils in their practice. - The study surveyed 100 psychologists across 12 different fields, and the findings paint a fascinating picture. While a quarter (25%) of psychologists surveyed are already using AI tools, and
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Smile Train and Wolters Kluwer Health Partner to Empower Global Cleft Care

by Jasmine Pennic 01/29/2024 Leave a Comment

Smile Train and Wolters Kluwer Health Partner to Empower Global Cleft Care

What You Should Know: - Smile Train, the world's largest cleft-focused organization, and Wolters Kluwer Health, a leading provider of clinical information solutions, have joined forces to bridge this knowledge gap. - Through their innovative collaboration, Smile Train partners and affiliates globally will gain full online access to select medical journals, empowering them to deliver better cleft care for children in need. Breaking Down Barriers to Knowledge Cleft care requires
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ObjectiveHealth Secures Growth Investment to Expand Innovative Clinical Research Model

by Fred Pennic 01/29/2024 Leave a Comment

ObjectiveHealth Secures Growth Investment to Expand Innovative Clinical Research Model

ObjectiveHealth, a pioneer in integrated specialty research, today announced a strategic investment from Vitruvian Partners, a renowned global growth equity firm. - This strategic investment will fuel ObjectiveHealth's expansion and its mission to revolutionize clinical research by seamlessly integrating trials into the practices of community-based physicians. Transforming Clinical Trials, One Patient at a Time: ObjectiveHealth stands out with its innovative approach. They act as a
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Swift Medical Secures $8M to Power AI-Driven Wound Care

by Fred Pennic 01/29/2024 Leave a Comment

Swift Medical Secures $8M to Power AI-Driven Wound Care

What You Should Know: - Swift Medical, a digital health leader in AI-powered wound care, has announced a successful $8M funding round co-led by BDC Capital's Women in Technology Venture Fund and funds managed by Virgo Investment Group. - The strategic investment will fuel the company's mission to revolutionize chronic and acute wound care through advanced technology and artificial intelligence. The Future of Wound Care Swift Medical boasts a proven track record, serving as the
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Motif Neurotech Raises $18.75M for Implantable Device for Treatment-Resistant Depression

by Fred Pennic 01/26/2024 Leave a Comment

Motif Neurotech Raises $18.75M for Implantable Device for Treatment-Resistant Depression

What You Should Know: - Motif Neurotech, a pioneer in minimally-invasive bioelectronics for mental health, announced today an impressive $18.75 million Series A funding round. Led by Arboretum Ventures, the investment saw participation from prominent players like KdT Ventures, Satori Neuro, and Dolby Family Ventures, alongside existing supporters Divergent Capital and PsyMed Ventures. - Motif Neurotech's innovative approach represents a potential paradigm shift in mental health treatment.
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