What You Should Know:
- The healthcare venture capital landscape experienced a resurgence in the first half of 2024, according to a new report from Silicon Valley Bank (SVB). Despite ongoing economic challenges, 89% of US VC funds exceeding $25M successfully met their fundraising targets.
- The report, "2024 Mid-Year Healthcare Investments and Exits," delves into venture capital activity across the healthcare sector, including biopharma, healthtech, medical device, and
Read More
Digital Health | News, Analysis, Insights - HIT Consultant
Ascension Saint Thomas Deploys Suki’s Ambient AI Assistant to Clinicians
What You Should Know:
- Suki, an AI healthcare assistant, and Ascension Saint Thomas, a prominent healthcare system, announced a groundbreaking partnership to enhance the resident experience through AI.
- By integrating Suki's AI-powered platform, Ascension Saint Thomas aims to alleviate the administrative burden on its second and third-year internal medicine residents, allowing them to focus on patient care and educational pursuits.
Improve Workflows and Reduce
Read More
Opkit Rolls Out Back-of-Office Generative AI Call Center for Medical Practices
What You Should Know:
- Opkit, a generative AI call center for the healthcare industry, announces its HIPAA-compliant, AI-powered software platform that automates back office phone calls for medical clinics.
- The platform manages outbound calls to payers for insurance verification, claims, and prior authorization, as well as calls to pharmacies for prescription checks, and calls to collect medical records. Opkit’s AI solution is supported by a human-in-the-loop to monitor performance,
Read More
Abbott and Medtronic Partner to Integrate CGM System & Insulin Delivery Devices
What You Should Know:
- Abbott and Medtronic announced a groundbreaking partnership to develop an integrated continuous glucose monitoring (CGM) system designed to seamlessly work with Medtronic’s automated insulin delivery (AID) and smart insulin pen systems.
- The strategic collaboration aims to improve diabetes management by enabling more precise insulin dosing and reducing the burden on patients.
CGM System and Insulin Delivery Devices Integration
The new CGM sensor,
Read More
Phonak Introduces World’s First AI-Powered Hearing Aid
What You Should Know:
- Phonak, a leading provider of hearing solutions, unveiled its groundbreaking Audéo Sphere Infinio hearing aid, powered by the innovative Infinio platform.
- The new device features the world's first dedicated real-time AI chip, delivering unprecedented speech clarity in noisy environments.
Audéo Sphere Infinio Overview
The Audéo Sphere Infinio addresses a critical challenge faced by individuals with hearing loss: understanding speech in background
Read More
Patients Demand Personalized Obesity Care, New Survey Finds
What You Should Know:
- Phenomix Sciences, a precision medicine biotechnology company, released findings from a new survey revealing a growing demand for personalized obesity care.
- The survey of 475 patients explored attitudes toward weight management, treatment preferences, and information sources.
Key Findings:
Patients Seek Medical Guidance: A majority of respondents (66%) prefer guidance from healthcare providers to manage weight loss, highlighting the need for a
Read More
Guidehealth Secures $14M for AI-Powered Value-Based Care
What You Should Know:
- Guidehealth, an AI-powered healthcare services provider raises $14M in seed funding led by Memorial Hermann Health System, with participation from healthcare entrepreneur Sidd Pagadipati and other industry leaders.
- The funding will accelerate Guidehealth’s mission to improve health outcomes and increase access to care through value-based care (VBC) models. The company’s AI-driven platform and clinical support services help health systems and clinically
Read More
Study: Healthcare Industry Embraces Generative AI with Caution
What You Should Know:
- A new McKinsey survey reveals that the healthcare industry is increasingly recognizing the potential of generative AI (gen AI) to revolutionize patient care and operational efficiency.
- While a majority of healthcare organizations are exploring or implementing gen AI solutions, concerns about risks and challenges remain.
Report Background
McKinsey conducted two surveys to gather insights from healthcare leaders about their gen AI strategies and
Read More
Physicians Reveals GLP-1s for Weight Loss are Overprescribed and Unsustainable
What You Should Know:
- A large majority of physicians feel GLP-1s are being overprescribed, according to a new survey from Virta Health, a leader in type 2 diabetes reversal.
- The Virta Health survey was conducted in partnership with Beresford Research and included 300 primary care providers, endocrinologists, and obesity specialists across the United States sheds light on the medical community's views on the rapidly growing class of GLP-1 medications, often hailed as
Read More
Seqera Acquires Tinybio to Democratize Access to AI-Powered Bioinformatics
What You Should Know:
- Seqera, a provider of scientific data analysis for life sciences and creator of Nextflow, announced the acquisition of Tinybio, a rising tech-bio startup specializing in AI-powered bioinformatics tools.
- The acquisition reinforces Seqera's commitment to building a robust online platform that empowers scientists with cutting-edge resources. Financial details of the acquisition were not disclosed.
Bridging the Gap Between Scientists and
Read More
