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Digital Health | News, Analysis, Insights - HIT Consultant

Drug Diversion in Hospitals Persists as an Underreported “Elephant in the Room”

by Fred Pennic 05/28/2025 Leave a Comment

Drug Diversion in Hospitals Persists as an Underreported "Elephant in the Room"

What You Should Know:  - Despite increased investments in detection programs, drug diversion—the illegal obtaining of prescription drugs by healthcare staff—continues to be a significant and often underreported issue within U.S. hospitals and health systems, according to the fifth edition of the "State of Drug Diversion" report released by Wolters Kluwer Health. - The comprehensive survey of nurse leaders, pharmacists, risk managers, and drug diversion program leaders reveals that
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German Bionic Unveils First True Augmented AI Exoskeleton, Exia

by Fred Pennic 05/27/2025 Leave a Comment

German Bionic Launches "Exia," World's First Exoskeleton Powered End-to-End by True Augmented AI

What You Should Know:  - German Bionic, the robotics pioneer renowned for first connecting exoskeletons to the cloud, launches Exia – its most advanced wearable device to date and the world’s first exoskeleton powered end-to-end by true Augmented AI.  - Informed by insights from billions of real-world motion data points collected across industries including manufacturing, logistics, retail, and healthcare, Exia aims to set a new benchmark for strength, intelligence, and
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Brooklyn Health Secures $6.5M to Expand AI-Powered Precision for Clinical Trial Endpoints

by Fred Pennic 05/27/2025 Leave a Comment

Brooklyn Health Secures $6.5M to Expand AI-Powered Precision for Clinical Trial Endpoints

What You Should Know:  - Brooklyn Health, a neuroscience technology company focused on objective measurement of mental health announced it has secured $6.5M in seed funding led by HealthX, with participation from Metrodora Ventures, Story Ventures, RiverPark Ventures, Laconia Capital, Everywhere Ventures, Hypothesis Studio, Blue Falcon Capital, and others. - The funding coincides with the company's debut of its new electronic clinical outcome assessment (eCOA) solution, Willis. Willis
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John Snow Labs Acquires WiseCube to Bolster AI-Powered Biomedical Knowledge and Drug Discovery

by Fred Pennic 05/27/2025 Leave a Comment

John Snow Labs Acquires WiseCube to Bolster AI-Powered Biomedical Knowledge and Drug Discovery

What You Should Know:  - John Snow Labs, the AI for healthcare company announced its acquisition of WiseCube, a pioneer in biomedical knowledge graphs and AI-powered literature analysis. Financial details of the acquisition were not disclosed.  - The strategic move is set to significantly enhance John Snow Labs' mission to deliver responsible, accurate, and explainable healthcare AI solutions by integrating WiseCube’s billion-scale knowledge platform. Enhancing AI Capabilities in
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Smith+Nephew Awarded $75M DoD Contract to Supply Advanced Wound Therapy Systems

by Fred Pennic 05/27/2025 Leave a Comment

Smith+Nephew Awarded $75M DoD Contract to Supply Advanced Wound Therapy Systems

What You Should Know:  - Global medical technology company Smith+Nephew has been selected to provide its RENASYS◊ TOUCH Negative Pressure Wound Therapy (NPWT) Systems to the U.S. Department of Defense (DoD).  - The single-award contract, facilitated through the Defense Logistics Agency (DLA), spans 10 years and is valued at up to $75M. - The agreement will equip military medical providers with an advanced solution for managing complex wounds across various stages of care, from
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Neuro-Symbolic AI Brings Precision to Healthcare Risk Adjustment

by Chris Lally, VP Operations, RAAPID INC 05/27/2025 Leave a Comment

Neuro-Symbolic AI Brings Precision to Healthcare Risk Adjustment

A conversation with RAAPID founder and CEO Chetan Parikh reveals how his company's purpose-built AI platform is transforming risk adjustment in healthcare. The Series A investment from Microsoft's M12 venture fund marks a significant milestone in the organization's mission to accelerate healthcare's transition to value-based care. "Our vision is to develop and deploy advanced healthcare AI technologies that empower healthcare workers to deliver quality & affordable care," Parikh explains.
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Mochi Health Launches Insurance-Based Plans, Expanding Access to Personalized Obesity Care with Behavioral Therapy

by Jasmine Pennic 05/27/2025 Leave a Comment

Mochi Health Launches Insurance-Based Plans, Expanding Access to Personalized Obesity Care with Behavioral Therapy

What You Should Know:  - Mochi Health, a physician-guided obesity care program, announced the launch of its new insurance-based plans.  - These expanded offerings are designed to provide more personalized treatment experiences for patients, placing a strong emphasis on comprehensive obesity care that spans all aspects of an individual's health.  - The new insurance-based plans are available as an optional upgrade to Mochi’s existing offerings. They provide patients with access
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CheqUp and WeightWatchers to Enhance GLP-1 Weight Loss Journeys in UK with Integrated Support

by Jasmine Pennic 05/27/2025 Leave a Comment

CheqUp and WeightWatchers to Enhance GLP-1 Weight Loss Journeys in UK with Integrated Support

What You Should Know:  - CheqUp, one of the UK’s leading providers of GLP-1 based weight loss services, and WeightWatchers, the global leader in science-backed weight management announced a new partnership.  - The collaboration will combine the offerings of both organizations to benefit patients in the UK seeking sustainable weight loss through GLP-1 medication coupled with comprehensive behavioural support. A Holistic Approach to GLP-1 Supported Weight Loss The partnership aims
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Fuze Health Launches, Uniting Truepill, LetsGetChecked, and Alto to Transform At-Home Personalized Care

by Fred Pennic 05/23/2025 Leave a Comment

Fuze Health Launches, Uniting Truepill, LetsGetChecked, and Alto to Transform At-Home Personalized Care

What You Should Know:  - Fuze Health, a new technology-powered healthcare solutions company, launches with a commitment to transforming patient experiences and advancing personalized care.  - The company aims to enable healthcare partners—including care providers, employers, health plans, and life sciences companies—to excel in an outcomes-focused system, while empowering patients to more comprehensively manage their health at home. Comprehensive At-Home Care: From Testing to
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WellTheory Secures $5M to Launch AI Tools to Transform Autoimmune Care

by Fred Pennic 05/23/2025 Leave a Comment

WellTheory Secures $5M to Launch AI Tools to Transform Autoimmune Care

What You Should Know:  - WellTheory, a whole-person care platform for autoimmune disease secures $5M in new funding and the successful rollout of its proprietary AI tools, Care Hub and Care Scribe, across its care operations.  - New investors Samsung Next, Opal Ventures, and Up2 Fund joined the round, with continued support from existing investors Accel, OVO Fund, and BoxGroup. - The new capital will fuel the company’s expansion into the employer and health plan markets and
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