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Digital Health | News, Analysis, Insights - HIT Consultant

AvaSure Acquires Ouva’s Smart Room Solutions to Enhance AI-Powered Virtual Care Platform

by Fred Pennic 07/29/2024 Leave a Comment

AvaSure Acquires Ouva’s Smart Room Solutions to Enhance AI-Powered Virtual Care Platform

What You Should Know:  - AvaSure, a provider of acute virtual care, announced today the acquisition of Ouva's smart room solutions. This strategic move aims to accelerate the development of AI-powered virtual care solutions for hospitals.  - By integrating Ouva's advanced AI capabilities into its Intelligent Virtual Care Platform, AvaSure will significantly expand its offerings and enhance patient care. Financial details of the acquisition were not disclosed.  Expanding
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QuVa Pharma Acquires LogicStream Health

by Syed Hamza Sohail 07/29/2024 Leave a Comment

QuVa Pharma Acquires LogicStream Health

What You Should Know: ·      QuVa Pharma acquired LogicStream Health, a SaaS software informatics platform for healthcare system pharmacies. ·      LogicStream, now a wholly owned subsidiary of QuVa, uses machine learning and predictive analytics to address drug shortages. ·      The acquisition combines QuVa’s sterile compounding services and distribution with LogicStream’s clinical process improvement and drug
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Intermountain Primary Children’s Hospital Launches $9M Genomic Initiative for Kids

by Jasmine Pennic 07/29/2024 Leave a Comment

Intermountain Primary Children's Hospital Launches $9M Genomic Initiative for Kids

What You Should Know:  - Intermountain Primary Children’s Hospital, in partnership with the University of Utah Health Department of Pediatrics, has announced a groundbreaking initiative to expand access to whole genome sequencing for children across the Intermountain West.  - The project, fueled by a $9M investment, aims to revolutionize pediatric care through early diagnosis and personalized treatment. Primary Children’s Gene Kids: A Beacon of Hope The "Primary Children’s
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Fitbit Study Reveals Sleep Duration, Quality, and Consistency Linked to Wide Range of Health Outcomes

by Fred Pennic 07/29/2024 Leave a Comment

Fitbit Study Reveals Sleep Duration, Quality, and Consistency Linked to Wide Range of Health Outcomes

What You Should Know:  - A groundbreaking new study published in Nature Medicine has unveiled the profound impact of sleep duration, quality, and consistency on human health.  - Leveraging data from nearly 6.5 million nights of sleep collected from over 6,700 Fitbit users, researchers have uncovered significant correlations between sleep patterns and a wide range of health outcomes. Why Sleep Duration and Quality Matters The study, a collaboration between Vanderbilt
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LG Launches 5MP Diagnostic Monitor for Breast Imaging

by Jasmine Pennic 07/29/2024 Leave a Comment

LG Launches 5MP Diagnostic Monitor for Breast Imaging

What You Should Know:  - LG Electronics launches its latest addition to its diagnostic monitor lineup, the 21HQ613D-B. This 21.3-inch 5-megapixel (MP) IPS monitor has received FDA clearance for digital mammography and breast tomosynthesis.  - The new 5MP monitor is designed to improve workflow efficiency by providing healthcare professionals with the tools they need to accurately and comfortably review medical images.  Enhanced Image Quality and User Experience The
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CoachCare Secures $48M to Expand Remote Patient Monitoring Platform

by Fred Pennic 07/26/2024 Leave a Comment

CoachCare Secures $48M to Expand Remote Patient Monitoring Platform

What You Should Know:  - CoachCare, a provider of remote patient monitoring (RPM) and virtual care management solutions raises $48M in strategic growth investment led by Integrity Growth Partners (IGP). The funding will fuel the company’s expansion and enhance its platform to meet the growing demand for remote care solutions. Addressing the Rise of Chronic Disease The increasing prevalence of chronic conditions such as obesity, hypertension, and diabetes has placed a significant
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UMPC, TGH Invests in Medicom’s Enterprise Imaging Interoperability Platform

by Fred Pennic 07/26/2024 Leave a Comment

UMPC, TGH Invests in Medicom’s Enterprise Imaging Interoperability Platform

What You Should Know:  - Medicom, a health tech company specializing in enterprise imaging interoperability, announced the successful completion of an oversubscribed strategic financing round. The funding round saw significant participation from healthcare industry leaders, including UPMC Enterprises and Tampa General Hospital Ventures along with expanded participation from existing investors Cone Health Ventures, Oval Park Capital and Grayhawk Capital, as well as local Triangle venture
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Humana to Leverage Google Cloud’s GenAI Capabilities to Improve Member Experiences

by Fred Pennic 07/26/2024 Leave a Comment

WellSky Taps Google Cloud to Build Gen AI Tools for Providers

What You Should Know:  - Humana Inc. (NYSE: HUM) announced a strategic multi-year agreement with Google Cloud to accelerate healthcare innovation through advanced cloud infrastructure and AI capabilities. This expanded partnership builds upon an existing collaboration between Humana and Google Health, focused on population health and AI solutions. - While the financial terms of the agreement were not disclosed, the partnership underscores both companies' commitment to transforming
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Oschner Ventures Launches $10M Ochsner Louisiana Innovation Fund

by Fred Pennic 07/26/2024 Leave a Comment

Oschner Ventures Launches $10M Ochsner Louisiana Innovation Fund

What You Should Know:  - Ochsner Ventures, the investment arm of Ochsner Health has announced the creation of the Ochsner Louisiana Innovation Fund.  - This $10M fund will invest in early-stage health and health-adjacent companies based in or with strong ties to Louisiana. The initiative is a collaborative effort between Ochsner Health and the Louisiana Economic Development (LED) agency, leveraging the State Small Business Credit Initiative (SSBCI). Focus on Improving
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CMS Establishes National Payment for AI Prostate Cancer Mapping

by Fred Pennic 07/26/2024 Leave a Comment

CMS Establishes National Payment for AI Prostate Cancer Mapping Technology

What You Should Know:  - Avenda Health, a pioneer in AI-powered prostate cancer care, announced today that the Centers for Medicare & Medicaid Services (CMS) has assigned a national payment rate for its prostate cancer mapping technology, Unfold AI.  - This significant development, alongside the establishment of a new Category III code by the American Medical Association (AMA), paves the way for broader adoption of Unfold AI and improved prostate cancer diagnosis and
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