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Digital Health | News, Analysis, Insights - HIT Consultant

Veracyte Acquires C2i Genomics for $70M, Expanding into Minimal Residual Disease Detection

by Fred Pennic 01/09/2024 Leave a Comment

Veracyte Acquires C2i Genomics for $70M, Expanding into Minimal Residual Disease Detection

What You Should Know: - Veracyte, Inc. (Nasdaq: VCYT), a cancer diagnostics company acquires C2i Genomics, Inc., a pioneer in minimal residual disease (MRD) detection. - Under the terms of the agreement, Veracyte will pay $70 million in Veracyte shares at closing, and up to an additional $25 million based on the achievement of future performance milestones over the next two years, payable in Veracyte shares or cash at Veracyte’s election. - This strategic move positions Veracyte to
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XRHealth Secures $6M to Enhance Immersive VR/AR Experiences

by Jasmine Pennic 01/09/2024 Leave a Comment

XRHealth Secures $6M to Enhance Immersive VR/AR Experiences

What You Should Know: - XRHealth, the leading healthcare platform in Spatial Computing, announced today a $6M funding round led by Asabys Partners, with participation from NOVA Prime Fund and XRHealth's existing investors. - This milestone follows the successful merger with Amelia Virtual Care, solidifying XRHealth's position as the largest extended reality (XR) platform encompassing mental, physical, and occupational health. VR/AR Meets Patient Needs XRHealth's platform leverages
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Quest Diagnostics & Ultima Team Up to Tackle MRD & Whole Genome Sequencing

by Syed Hamza Sohail 01/09/2024 Leave a Comment

Quest Diagnostics & Ultima Team Up to Tackle MRD & Whole Genome Sequencing

What You Should Know: Ultima Genomics, a developer of a revolutionary new ultra-high throughput sequencing architecture, and Quest Diagnostics, the nation’s leading provider of diagnostic information services, today announced a collaboration involving Ultima’s next generation sequencing (NGS) technology in oncology and other clinical areas.  Expanding Horizons in Cost-Effective Whole Genome Sequencing The collaboration aims to enhance patient access, affordability, and
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Say Goodbye to Tremors: FDA Greenlights Medtronic’s Percept RC with BrainSense

by Syed Hamza Sohail 01/09/2024 Leave a Comment

Say Goodbye to Tremors: FDA Greenlights Medtronic's Percept RC with BrainSense

What You Should Know: Medtronic, a global leader in healthcare technology, today announced the U.S. Food and Drug Administration (FDA) approval of its Percept™ RC Deep Brain Stimulation (DBS) system.The rechargeable neurostimulator is the latest innovation in the Medtronic Percept™ family, which includes the Percept™ PC neurostimulator, BrainSense™ technology, and SenSight™ directional leads. The Percept™ family is the only sensing-enabled DBS system on the market, allowing the physician to
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Butterfly iQ3 Takes Flight: Next-Gen Handheld Ultrasound Cleared by FDA

by Syed Hamza Sohail 01/09/2024 Leave a Comment

Butterfly iQ3 Takes Flight: Next-Gen Handheld Ultrasound Cleared by FDA

What You Should Know: Butterfly Network, Inc. (“Butterfly”), a digital health company transforming care through the power of portable, semiconductor-based ultrasound technology and intuitive software, today announced the FDA clearance of its next-generation handheld point-of-care ultrasound (POCUS) system, Butterfly iQ3.The new device is the company’s third iteration of the world’s first semiconductor-based single-probe, whole-body ultrasound system. Butterfly iQ3 features a brand-new
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Caris & Flatiron Team Up: Next-Level RWD Supercharges Cancer Drug Discovery

by Syed Hamza Sohail 01/09/2024 Leave a Comment

Caris & Flatiron Team Up: Next-Level RWD Supercharges Cancer Drug Discovery

What You Should Know: Caris Life Sciences®(Caris), the leading next-generation AI TechBio company and precision medicine pioneer that is actively developing and delivering innovative solutions to revolutionise healthcare and improve the human condition using molecular science and AI, and Flatiron Health, a leading health-tech company transforming evidence generation through an engaged care network, oncology-specific expertise, and fit-for-purpose scientific methods and tools, today
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Atropos Health Partners With Every Cure: A New Lifeline For Underserved Populations Via Streamlined Drug Repurposing

by Syed Hamza Sohail 01/09/2024 Leave a Comment

Atropos Health Partners With Every Cure: A New Lifeline For Underserved Populations Via Streamlined Drug Repurposing

What You Should Know: Atropos Health, the pioneer in translating real-world clinical data into personalized real-world evidence and insights, today announced a partnership with Every Cure, a nonprofit initiative on a mission to unlock the full potential of existing medicines to treat every disease and every patient they possibly can so that patients don’t suffer while cures hide on the pharmacy shelf.The collaboration allows Every Cure to leverage GENEVA OS™ and data from the
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Amazon Unveils Health Condition Programs Making Chronic Condition Management Easier

by Fred Pennic 01/08/2024 Leave a Comment

Amazon Unveils Health Condition Programs Making Chronic Condition Management Easier

What You Should Know: - Amazon launches its new Health Condition Programs to simplify access to digital health benefits offered by insurance plans and employers. - By partnering with companies like Omada Health, Amazon brings awareness and enrollment options directly to patients where they're already looking for health information. This collaboration targets conditions like diabetes prevention, diabetes management, and hypertension, impacting millions of Americans. How Amazon’s Health
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Abbott & Tandem Integrate to Bring Automated Insulin Delivery to US

by Fred Pennic 01/08/2024 Leave a Comment

Abbott & Tandem Integrate to Bring Automated Insulin Delivery to US

What You Should Know: - Tandem Diabetes Care and Abbott have joined forces to bring the first automated insulin delivery (AID) system in the US compatible with Abbott's latest FreeStyle Libre 2 Plus sensor. - The integration brings the benefits of advanced closed-loop technology to millions of Americans living with diabetes, helping them achieve better blood sugar control and manage their condition with greater ease. Seamless Integration for Precise Control: The t:slim X2 insulin
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Samsung Expands Its Privileged Health SDK Partner Program

by Jasmine Pennic 01/08/2024 Leave a Comment

Samsung Expands Its Privileged Health SDK Partner Program

What You Should Know: - Samsung Electronics is pushing the boundaries of preventive healthcare with the expansion of its Privileged Health Software Development Kit (SDK) program. - This SDK expansion unlocks the Galaxy Watch's cutting-edge sensor technology for developers, fostering partnerships that bring a wave of innovative health solutions to users. Empowering Users with Personalized Health Insights At the heart of this program lies user empowerment. By integrating Galaxy Watch
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