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Digital Health | News, Analysis, Insights - HIT Consultant

Absci and AstraZeneca Sign $247M Partnership for AI-Powered Drug Discovery to Fight Cancer

by Fred Pennic 12/04/2023 Leave a Comment

Absci and AstraZeneca Sign $247M Partnership for AI-Powered Drug Discovery to Fight Cancer

What You Should Know: - Absci Corporation (ABSI), a pioneer in using generative AI to discover antibodies, and AstraZeneca, a global biopharmaceutical leader, announced a collaboration today to develop an AI-designed antibody for cancer. - This partnership combines Absci's cutting-edge Integrated Drug Creation™ platform with AstraZeneca's oncology expertise, aiming to accelerate the discovery of a potential new cancer treatment. Absci's AI Engine Takes the Lead Absci will leverage
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Intuitive Ventures Closes $150M Fund to Fuel Revolution in Minimally Invasive Care

by Fred Pennic 12/04/2023 Leave a Comment

Intuitive Ventures Raises $150M to Fuel Revolution in Minimally Invasive Care

What You Should Know: - Intuitive Ventures, an early-stage venture capital fund dedicated to reimagining minimally invasive care, announced the close of its second fund at $150M. - The funding signifies their unwavering commitment to supporting visionary founders who are transforming healthcare through precision diagnostics, secure digital ecosystems, and improved access to coordinated care. Building on a Strong Foundation In 2020, Intuitive Ventures launched its inaugural fund of
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PerkinElmer Acquires Covaris to Create Global Life-Sciences and Diagnostics Platform

by Jasmine Pennic 12/04/2023 Leave a Comment

PerkinElmer Acquires Covaris to Create Global Life-Sciences and Diagnostics Platform

What You Should Know: - PerkinElmer, a leading global analytical services and solutions provider, announced its acquisition of Covaris, a developer of solutions for life science innovations. - This strategic move will fuel Covaris' growth and expand PerkinElmer's life sciences portfolio into the high-growth diagnostics market. Notably, both companies share majority ownership under New Mountain Capital, making the integration potentially smoother. While financial details remain undisclosed,
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How Healthcare Can Take A Consumer-First Cue From Small Business

by Oliver Kharraz, MD, Zocdoc founder & CEO 12/04/2023 Leave a Comment

How Healthcare Can Take A Consumer-First Cue From Small Business

“Bang Head Here.” This message was printed above a large black circle, push-pinned to a practice’s front desk the day Zocdoc’s user research team visited to better understand their patient engagement challenges. If this is not a representative sign of the state of America’s independent medical practices, I don’t know what is.  I can relate. Throughout nearly a decade of medical training, I spent tens of thousands of hours becoming an expert in things like peak airway
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Potrero Medical Files for Chapter 11 Bankruptcy, Aims to Reorganize and Refocus on Patient Care

by Fred Pennic 12/04/2023 Leave a Comment

Potrero Medical Files for Chapter 11 Bankruptcy, Aims to Reorganize and Refocus on Patient Care

What You Should Know: - Potrero Medical, Inc., a company developing innovative solutions for monitoring and improving kidney health, announced today it has filed for Chapter 11 bankruptcy. - The restructuring process is expected to be completed within 75 days, according to the company. Potrero believes this strategic move will strengthen its financial footing and enable it to continue its mission of elevating patient care through innovative technologies. Focusing on Patient-Centric
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Hippocratic AI Launches Early Access Partnership Program with Providers to Shape the Future of AI-Powered Patient Care

by Jasmine Pennic 12/04/2023 Leave a Comment

Hippocratic AI Launches Early Access Partnership Program with Providers to Shape the Future of AI-Powered Patient Care

What You Should Know: - Hippocratic AI, a company building the first safety-focused Large Language Model (LLM) for healthcare, announced the launch of its Early Access Partnership Program. - This program brings together leading health systems and digital health companies, including OhioHealth, Roper St. Francis Healthcare, Evernow, HarmonyCares, and Guidehealth, to collaborate on developing and validating Hippocratic AI's technology. A Shared Vision for Safer, More Accessible
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RSNA23: AI-Powered Brain Scans May Aid in ADHD Diagnosis, Research Reveals

by Fred Pennic 12/01/2023 Leave a Comment

RSNA23: AI-Powered Brain Scans May Aid in ADHD Diagnosis, Research Reveals

What You Should Know: - Using artificial intelligence (AI) to analyze specialized brain MRI scans of adolescents with and without attention-deficit/hyperactivity disorder (ADHD), researchers found significant differences in nine brain white matter tracts in individuals with ADHD. The results of the study will be presented today at the annual meeting of the Radiological Society of North America (RSNA). ADHD: A Common and Challenging Disorder ADHD is a common neurodevelopmental disorder
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Alcohol Tracking App Sunnyside Raises $11.5M to Support Healthier Drinking Habits

by Jasmine Pennic 12/01/2023 Leave a Comment

Alcohol Tracking App Sunnyside Raises $11.5M to Support Healthier Drinking Habits

What You Should Know: - Sunnyside, an app and program that helps people build healthier habits around drinking alcohol, today announced $11.5M in Series A funding and the hire of Steve Lloyd as Chief Product and Technology Officer. - The funding round was led by Motley Fool Ventures with major participation from Will Ventures, bringing the company's total funding to $14.6M to date. Additional Series A investors include Uncork Capital, Offline Ventures, Joyance
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QuantHealth Launches Katina: AI-Powered Platform for Clinical Trial Optimization

by Jasmine Pennic 12/01/2023 Leave a Comment

QuantHealth Launches Katina: AI-Powered Platform for Clinical Trial Optimization

What You Should Know: - QuantHealth, an AI-powered clinical trial design startup, today announced a major product upgrade to its platform with the launch of Katina, a new tool that utilizes AI to simulate clinical trials at scale, expedite, de-risk, and optimize drug development. - The launch of Katina marks a new era in clinical trial optimization, powered by AI and massive real-world patient data. This innovative tool has the potential to revolutionize the way clinical trials are
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AI Can Improve Hypertension Treatment in Primary Care Settings, K Health Research Reveals

by Jasmine Pennic 12/01/2023 Leave a Comment

AI Can Improve Hypertension Treatment in Primary Care Settings, K Health Research Reveals

What You Should Know: - Artificial Intelligence (AI)-driven Primary Care company K Health announced the publication of its peer-reviewed research in Mayo Clinic Proceedings: Digital Health, which demonstrates how K Health’s AI can provide information that allows for more personalized hypertension treatment in patient-facing settings. Hypertension: A Silent Killer According to the Centers for Disease Control and Prevention (CDC), hypertension, also known as high blood pressure, affects
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