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Digital Health | News, Analysis, Insights - HIT Consultant

MAGENTIQ EYE Secures Funding to Advance AI-Powered Gastroenterology Diagnostics

by Fred Pennic 08/01/2025 Leave a Comment

MAGENTIQ EYE Secures Funding to Advance AI-Powered Gastroenterology Diagnostics

What You Should Know:  - MAGENTIQ EYE LTD., an innovator in AI-powered gastroenterology decision-support software, announced completion of its Series A funding round led by aMoon, with participation from existing investors Norgine Ventures BV (Netherlands), Nina Capital (EU & USA), Namarel Ventures SL (Spain), Nova Capital (Italy), and private investors Sake Bosch and Roon Doornink (USA). The proceeds from the funding round will support the continued development and expansion of
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iRhythm, Lucem Health Partner to Detect Arrhythmia with Predictive AI

by Jasmine Pennic 08/01/2025 Leave a Comment

iRhythm Partners with BioIntelliSense to Advance Cardiac Monitoring

What You Should Know:  - iRhythm Technologies, a digital health leader focused on detecting, predicting, and preventing disease announced a strategic partnership with Lucem Health, an AI-driven early disease detection.  - The strategic collaboration aims to accelerate the early identification of undiagnosed arrhythmias in patient populations with an elevated risk for the condition. Shift from Reactive to Predictive Care Traditional care models often rely on reactive
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J.D. Power 2025 Pharmacy Study: Mail Order Pharmacies Outpace Chain Drug Stores in Satisfaction

by Fred Pennic 07/31/2025 Leave a Comment

J.D. Power 2025 Pharmacy Study: Mail Order Pharmacies Outpace Chain Drug Stores in Satisfaction

What You Should Know:  - Overall customer satisfaction with mail order pharmacies has risen steadily, while satisfaction with chain drug stores has slid, causing many chain drug store customers to consider switching providers, according to the J.D. Power 2025 U.S. Pharmacy Study, - The trend is fueled by a rise in digital engagement and a decline in neighborhood drug stores, is setting the stage for a "tipping point in the pharmacy space". - The J.D. Power 2025 U.S. Pharmacy Study,
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Ultromics Secures $55M to Expand AI-Driven Cardiology Solutions for Heart Failure

by Fred Pennic 07/31/2025 Leave a Comment

Ultromics Secures $55M to Expand AI-Driven Cardiology Solutions for Heart Failure

What You Should Know:  - Ultromics, a pioneer in AI-driven cardiology solutions secures $55M in Series C financing co-led by L&G, Allegis Capital, and Lightrock, with continued support from Oxford Science Enterprises, GV, Blue Venture Fund, and Oxford University. Major U.S. health systems, including University of Chicago Medicine and UCM Ventures, also participated in the round. - Built on years of clinical study and hundreds of thousands of echo scans, Ultromics offers the first
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In Drug Diversion Prevention Programs, AI is No Longer a Novelty

by Karen Kobelski, VP and General Manager of Clinical Surveillance Compliance Data Solutions, Wolters Kluwer Health Alex Rodriguez, MHIIM, CPhT, Lead Compliance Data Analyst at St. Jude Children s Research Hospital 07/31/2025 Leave a Comment

In Drug Diversion Prevention Programs, AI is No Longer a Novelty

With AI dominating healthcare headlines, it’s easy to dismiss this technology as being all hype that’s not ready for primetime. However, unlike more forward-looking applications for this technology, incorporating AI into drug diversion technology is no longer a “nice to have.” With increasingly complex medication workflows, siloed medication information across disparate systems, tighter compliance expectations and stretched clinical resources, it’s become an essential component of patient care,
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Arkstone Acquired by ARCHIMED to Accelerate Global Fight Against Antimicrobial Resistance

by Jasmine Pennic 07/31/2025 Leave a Comment

Arkstone Acquired by ARCHIMED to Accelerate Global Fight Against Antimicrobial Resistance

What You Should Know:  - Arkstone, a pioneer in machine learning (ML) and artificial intelligence (AI)-driven infectious disease clinical decision support and antimicrobial stewardship has been acquired by ARCHIMED, a private equity firm specializing in the healthcare sector. Financial details of the acquisition were not disclosed.  - The acquisition marks a pivotal moment in Arkstone's growth trajectory, positioning the company to expand its global footprint, deepen its R&D
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Axonius Acquires Cynerio for Over $100M, Strengthening Medical Device Security in Healthcare

by Fred Pennic 07/30/2025 Leave a Comment

Axonius Acquires Cynerio for Over $100M, Strengthening Medical Device Security in Healthcare

What You Should Know:  - Axonius, a global leader in cyber asset intelligence announced that it has acquired Cynerio, a pioneer in medical device security, for more than $100M in a cash and stock transaction.  - The acquisition directly addresses a critical challenge for healthcare providers, where the proliferation of connected medical devices has created a vast and unprotected attack surface. These specialized assets, essential to patient care, have historically been invisible
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Labcorp Launches GenAI Tool to Simplify Lab Test Selection for Healthcare Providers

by Fred Pennic 07/30/2025 Leave a Comment

Labcorp Launches GenAI Tool to Lab Test Selection for Healthcare Providers

What You Should Know:  - Labcorp announced the launch of Test Finder, a first-of-its-kind generative AI tool developed with Amazon Web Services (AWS).  - Designed to simplify lab test selection, Test Finder enables healthcare providers to ask questions or describe conditions in plain language and receive curated test recommendations, thereby enhancing the user experience and freeing up more time for patient care. Critical Role of Laboratory Testing in Healthcare Laboratory
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White House Event Unveils CMS Health Tech Ecosystem Initiative

by Fred Pennic 07/30/2025 Leave a Comment

White House Event Unveils CMS Health Tech Ecosystem Initiative

What You Should Know:  - The U.S. Department of Health and Human Services (HHS) today announced significant progress towards building a smarter, more secure, and more personalized healthcare experience, driven by a new partnership with innovative private sector companies.  - During a White House “Make Health Tech Great Again” event hosted with the Centers for Medicare & Medicaid Services (CMS), the Administration secured commitments from major healthcare and information technology
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Healthcare Investment Shifts in 1H 2025: AI Remains a Bright Spot Amidst Fundraising Decline

by Fred Pennic 07/30/2025 Leave a Comment

Digital Health Faces Q2'25 Pullback: Funding Falls to 5-Year Low, But AI Dominates and $1B+ IPOs Emerge

What You Should Know:  - After a strong start to the year, the digital health sector experienced a significant pullback in Q2 2025, with deal volume declining to its lowest quarterly activity level in the last five years, according to the latest report from Silicon Valley Bank (SVB).  - The report, Mid-Year Healthcare Investment and Exits Report reveals growing investor selectivity and capital concentration in fewer, high-conviction bets amidst ongoing global economic
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