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Digital Health | News, Analysis, Insights - HIT Consultant

Creating A Thriving Patient-Centric Data Economy

by Anne Kim, co-founder and CEO of Array Insights 09/20/2023 Leave a Comment

Creating A Thriving Patient-Centric Data Economy

We shouldn’t underestimate the power of patient data. Every data point from clinical studies and patient medical records provides fuel for researchers. The more fuel they have, the greater the chance for life-saving breakthroughs. As we sit here today, the research ecosystem isn’t working to its full potential. Valuable datasets are siloed and disparate, making it hard for researchers to access them. Patients aren’t empowered to take ownership of their own data; the power of data is in the
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Evidation, USC Partner to Integrate Wearables Dataset for Healthy Aging Study

by Syed Hamza Sohail 09/19/2023 Leave a Comment

Evidation, USC Partner to Integrate Wearables Dataset for Healthy Aging Study

What You Should Know: Evidation, the company creating new ways to measure and improve health in everyday life, today announced a partnership with USC’s Dornsife Center for Economic and Social Research to incorporate wearable device data into the landmark Understanding America Study.The goal of the partnership is to power research that will generate insights into healthy aging. Evidation and USC will collaborate to integrate a robust wearables dataset into extensive survey data that has
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Google Searches for “AI in Healthcare” Up by 300% in 3 Years

by Fred Pennic 09/19/2023 Leave a Comment

Google Searches for “AI in Healthcare” Up by 300% in 3 Years

What You Should Know: - An analysis of “AI in Healthcare” related Google search data from 2020 to 2023 increased by over 300%, according to a study conducted by Dataconomy Media in August 2023. - From a mere 12,100 queries in 2020, the enthusiasm surrounding AI's role in healthcare has surged to an impressive 33,100 searches in 2023. This seismic leap underscores a momentous shift in public curiosity about AI's capacity to transform healthcare, as monthly average searches achieve
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Briya Raises $11.5M for Healthcare Blockchain-Secured Data Exchange Platform

by Syed Hamza Sohail 09/19/2023 Leave a Comment

Briya Raises $11.5M for Healthcare Blockchain-Secured Data Exchange Platform

What You Should Know: Briya, an end-to-end healthcare data exchange platform, today announced completion of an $11.5 million Series A round of financing, bringing the company’s total funding to $17 million. The round was led by Team8, includes existing investors Insight Partners, Amiti Ventures, and is joined by the George Kaiser Family Foundation.The funding will support Briya's mission to transform how data is exchanged between healthcare organizations and life sciences organizations, with
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Rev1 Ventures Launches $30M Fund to Support Research-Based Healthcare Innovation

by Syed Hamza Sohail 09/19/2023 Leave a Comment

Rev1 Ventures Launches $30M Fund to Support Research-Based Healthcare Innovation

What You Should Know: Today, Rev1 Ventures, the venture studio that helps entrepreneurs and corporations accelerate innovation, Nationwide Children’s Hospital, and The Ohio State University announce expanded support for life sciences companies with the launch of Rev1 Catalyst Fund III, a $30 million fund that delivers capital and strategic services for pre-seed, seed stage and early-stage healthcare innovators. Following the success of Rev1 Catalyst Fund II, Rev1
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Roundups: 16 Recent Strategic Digital Health Partnerships

by Strategic Digital Health Partnerships 09/15/2023 Leave a Comment

Mayo Clinic, GE HealthCare, Partner on Medical Imaging and Theranostics Innovation

Walgreens and Pearl Health, a provider enablement company has announced a strategic partnership to accelerate the expansion of value-based care in collaboration with community-based primary care physicians. As part of the strategic partnership, Walgreens will provide complementary services, including prescription fulfillment, medication adherence, immunizations, care gap closure and diagnostic testing. In addition, Walgreens will also work with providers to help patients discharged from the
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Geisinger Deploys Exo’s POCUS Ultrasound Workflow Solution

by Jasmine Pennic 09/15/2023 Leave a Comment

What You Should Know:  - Geisinger has announced their implementation of Exo’s point-of-care ultrasound (POCUS) workflow software, Exo Works, to simplify and streamline ultrasound exam documents, billing and quality assurance to improve patient outcomes. - The implementation marks Geisinger as the first health system in PA to implement Exo’s easy-to-use ultrasound workflow solution.  - Exo Works will be deployed in Geisinger’s Emergency, Women’s Health and Sports Medicine
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Mayo Clinic, GE HealthCare Partner on Medical Imaging and Theranostics Innovation

by Fred Pennic 09/15/2023 Leave a Comment

Mayo Clinic, GE HealthCare, Partner on Medical Imaging and Theranostics Innovation

What You Should Know: Mayo Clinic and GE HealthCare has formed a strategic healthcare collaboration for research and product development programs aimed to transform the experience of patients and clinicians in the practice of radiology and the delivery of novel therapies.The Strategic Collaboration for Innovation in Medical Imaging and Theranostics comprises Mayo Clinic and GE HealthCare scientists, technology developers, clinicians and other healthcare providers. The partnership seeks to
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Q/A: DocStation CEO Shares How AI Will Help Pharmacies Use the DIR Fee Changes to Their Advantage

by Fred Pennic 09/14/2023 Leave a Comment

Q/A: DocStation CEO Shares How AI Will Help Pharmacies Use the DIR Fee Changes to Their Advantage

Early next year, the Centers for Medicare and Medicaid Services (CMS) will remove the application of retroactive DIR fees and move DIR fees to the point of sale instead. The major issues with the DIR fees, which are paid by pharmacies to pharmacy benefit managers, are the fact that they drive up the costs of prescriptions for patients and delay reimbursement of care to the pharmacies.  Now, a brand new issue will arise in early 2024 - namely, pharmacies will be facing a DIR “cliff” where
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Summus Raises $19.5M to Revolutionize Virtual Specialty Care Access

by Fred Pennic 09/14/2023 Leave a Comment

Summus Raises $19.5M to Revolutionize Virtual Specialty Care Access

What You Should Know: - Summus, a New York City-based virtual health company focused on specialty care, has raised $19.5M in its latest funding round to support the company’s continued growth and work to tackle the access problem in healthcare. - With a total of $70 million raised to date, Summus aims to expand its innovative approach to care, and this new investment will support the company in its efforts to revolutionize how patients and healthcare professionals share and access
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