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Digital Health | News, Analysis, Insights - HIT Consultant

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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Xealth Partners with National Center on Shaken Baby Syndrome to Improve Infant Safety

by Jasmine Pennic 07/26/2024 Leave a Comment

Xealth Partners with National Center on Shaken Baby Syndrome to Improve Infant Safety

What You Should Know:  - Xealth, a digital health platform is teaming up with the National Center on Shaken Baby Syndrome (NCSBS) to leverage Xealth’s digital health tools in distributing critical information to new families.  - The strategic integration collaboration aims to reduce the incidence of shaken baby syndrome (SBS) and abusive head trauma (AHT) through the widespread adoption of the Period of PURPLE Crying program. Addressing the Shaken Baby Syndrome
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GE HealthCare & AWS to Develop Foundation Models & Generative AI Apps

by Fred Pennic 07/25/2024 Leave a Comment

GE HealthCare Inks $44M Contract with BARDA to Develop AI-Driven Ultrasound Tech

What You Should Know:  GE HealthCare (Nasdaq: GEHC) and Amazon Web Services (AWS) (Nasdaq: AMZN) announced a collaboration today, focused on developing next-generation artificial intelligence (AI) tools to transform healthcare delivery. This strategic partnership will leverage the power of generative AI to improve diagnoses, streamline workflows, and ultimately, enhance patient care. GE HealthCare Chooses AWS as Strategic Cloud Partner GE HealthCare has selected AWS as its
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MISTR Offers Free STI Test Kits Available at Select Georgia Walmarts

by Jasmine Pennic 07/25/2024 Leave a Comment

MISTR Offers Free STI Test Kits Available at Select Georgia Walmarts

What You Should Know:  - MISTR, a telemedicine provider for sexual health, is partnering with select Walmart locations in Georgia to offer free at-home STI test kits. This initiative aims to increase access to convenient and confidential testing, particularly in areas with high HIV transmission rates. - MISTR goes beyond STI testing, offering telemedicine consultations for PrEP (pre-exposure prophylaxis) and long-term HIV care. Their focus on accessibility and education aims to
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John Snow Labs Launches Automated Testing for Responsible AI

by Syed Hamza Sohail 07/25/2024 Leave a Comment

John Snow Labs Launches Automated Testing for Responsible AI

What You Should Know: - John Snow Labs, the AI for healthcare company, today announced the release of Automated Responsible AI Testing Capabilities in the Generative AI Lab. - This is a first-of-its-kind no-code tool to test and evaluate the safety and efficacy of custom language models. It enables non-technical domain experts to define, run, and share test suites for AI model bias, fairness, robustness, and accuracy. Comprehensive Testing Solutions for AI in Healthcare and Life
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Bone Health Technologies Acquires Wellen to Deliver Personalized, Non-Drug Osteoporosis Care

by Jasmine Pennic 07/25/2024 Leave a Comment

Bone Health Technologies Acquires Wellen for Osteoporosis Care

What You Should Know:  - Bone Health Technologies (BHT), a pioneer in non-pharmaceutical bone health solutions acquires Wellen, a Brooklyn-based company focused on personalized exercise programs for osteoporosis designed for women over 50.  - By combining BHT's innovative medical device with Wellen's personalized exercise programs, this strategic move positions Bone Health Technologies as a leader in providing effective, non-drug solutions for people struggling with osteoporosis and
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Talkspace Launches AI Innovation Group for Providers

by Syed Hamza Sohail 07/25/2024 Leave a Comment

Talkspace & Wheel Partner for Holistic Virtual Healthcare: Addressing Mental & Physical Needs

What You Should Know: -  Talkspace, a leading online behavioral healthcare company, today announced the formation of the dedicated AI Innovation Group aimed at advancing provider efficiency, and enhancing clinical quality and overall operational excellence through responsible and ethical use of artificial intelligence. -  Created in partnership with Talkspace’s Clinical Quality and Security and Compliance teams, this initiative marks the next iteration of Talkspace’s
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OhioHealth Invests in AI to Automate Discharge Planning + Reduce Excess Patient Stays External

by Syed Hamza Sohail 07/25/2024 Leave a Comment

OhioHealth Invests in AI to Automate Discharge Planning + Reduce Excess Patient Stays External

What You Should Know: -  Qventus, Inc., the leading provider of AI-based software to automate health system operations and promote patient flow, today launched its expanded version of their Inpatient Solution. -   The solution - which is used by leading health systems across the US - predicts and automates discharge planning, and is fully embedded into EHR workflows. The solution targets the most crucial challenges in healthcare operations: reducing length of stay (LOS) and risk of
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Dental AI Company Pearl Raises $58M to Expand FDA-Cleared Dental Solutions

by Fred Pennic 07/24/2024 Leave a Comment

Dental AI Company Pearl Raises $58M to Expand FDA-Cleared Dental Solutions

What You Should Know:  - Pearl, the undisputed leader in dental artificial intelligence (AI) raises $58M in Series B funding led by Left Lane Capital with participation from key players like Craft Ventures and Neotribe Ventures. ​​- This funding marks the largest investment ever in dental AI. With this significant investment, Pearl is poised to empower dental professionals to continually elevate the standard of care.  Revolutionizing Diagnostics: AI Assists Dentists for Better
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