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Digital Health | News, Analysis, Insights - HIT Consultant

FemTech: Nuvo Goes Public to Expand Remote Pregnancy Monitoring

by Jasmine Pennic 05/06/2024 Leave a Comment

FemTech: Nuvo Goes Public to Expand Remote Pregnancy Monitoring

What You Should Know: - Nuvo Group D.G. Ltd. (NASDAQ: NUVO) ("Nuvo"), a leader in remote pregnancy monitoring, today announced the successful completion of its business combination with LAMF Global Ventures Corp. I (NASDAQ: LGVC, LGVCU, LGVCW) ("LAMF"), a publicly traded special purpose acquisition company (SPAC). - As part of the business combination, Nuvo will retain its name and existing management team, trading on the NASDAQ under the ticker symbol "NUVO" starting May 2nd,
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NVIDIA Makes Drug Discovery, Medical Imaging, and Genomics Easier with Cloud-Based AI

by Fred Pennic 05/03/2024 Leave a Comment

NVIDIA Makes Drug Discovery, Medical Imaging, and Genomics Easier with Cloud-Based AI

What You Should Know: - Harnessing the power of AI for healthcare just got simpler. NVIDIA announced the integration of NVIDIA NIM, a collection of cloud-native AI microservices, with Amazon Web Services (AWS).  - The strategic collaboration empowers developers to leverage pre-trained AI models for drug discovery, medical imaging analysis, and genomics research – all accessible through user-friendly APIs. Streamlined Access to Powerful AI Tools NIM integrates seamlessly with
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Large Language Models Show Promise for Streamlining Physician Workflows, But Safety Concerns Remain

by Fred Pennic 05/03/2024 Leave a Comment

Large Language Models Show Promise for Streamlining Physician Workflows, But Safety Concerns Remain

What You Should Know: - A new study by researchers at Mass General Brigham suggests large language models (LLMs),  a type of artificial intelligence (AI), could be a helpful tool for doctors to streamline communication with patients. However, the study also highlights the importance of human oversight to ensure patient safety. -  The findings, published in The Lancet Digital Health, emphasize the need for a measured approach to LLM implementation. The Burden of Physician
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Thyme Care Launches Virtual Palliative Care Program to Enhance Cancer Care

by Syed Hamza Sohail 05/03/2024 Leave a Comment

Thyme Care Launches Virtual Palliative Care Program to Enhance Cancer Care

What You Should Know: -              Thyme Care, the leading value-based cancer care enabler, today announced Julia Frydman, MD as the company's first medical director for palliative care. -              An academic researcher and former assistant professor from a leading health system renowned for its palliative care and geriatrics department, Dr. Frydman
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WeightWatchers for Business Integrate with Personify Health to Offer Comprehensive Weight Management Solutions

by Syed Hamza Sohail 05/03/2024 Leave a Comment

WeightWatchers for Business Integrate with Personify Health to Offer Comprehensive Weight Management Solutions

What You Should Know: -              WeightWatchers (NASDAQ: WW), (“WeightWatchers,” “WW,” or the “Company”) today announced that WeightWatchers for Business is partnering with Personify Health (formerly Virgin Pulse) to support employers looking to provide weight health care solutions for their populations. -              Now, organizations using the
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Every Cure and BioPhy Partner to Repurpose Existing Drugs Faster with AI

by Jasmine Pennic 05/03/2024 Leave a Comment

Every Cure and BioPhy Partner to Repurpose Existing Drugs Faster with AI

What You Should Know: - BioPhy, an AI drug development company, and Every Cure, a non-profit dedicated to unlocking the potential of existing drugs for new uses, today announced a strategic partnership to revolutionize drug repurposing through artificial intelligence (AI). - The partnership follows Every Cure's recent funding from the Advanced Research Projects Agency for Health (ARPA-H). A successful pilot using AI led to the identification of potential treatments for diseases like sickle
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Transcarent Secures $126M to Expand Employer-Sponsored Healthcare

by Fred Pennic 05/02/2024 Leave a Comment

Transcarent Secures $126M to Revolutionize Employer-Sponsored Healthcare

What You Should Know: - Transcarent, a platform simplifying health and care for employers and individuals, secures $126 million in a Series D funding round led by General Catalyst and 7wireVentures.  - The latest funding brings Transcarent's total funding to approximately $450M at a valuation of $2.2B. A One-Stop Solution for Employer-Sponsored Healthcare Transcarent's industry-leading platform streamlines healthcare access for both employers and employees. It is the only
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Karius Secures $100M to Expand Non-Invasive Pathogen Blood Test

by Fred Pennic 05/02/2024 Leave a Comment

Karius Secures $100M to Expand Non-Invasive Pathogen Blood Test

What You Should Know: -  Karius®, a leader in genomic diagnostics for infectious disease, announced today the closing of a $100 million Series C funding round.  - Co-led by Khosla Ventures and newcomers 5AM Ventures and Gilde Healthcare, the funding round also saw participation from existing investors like Softbank Vision Fund 2 and General Catalyst.   - This significant investment fuels Karius' mission to revolutionize infectious disease diagnosis by expanding
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Intermountain Health Deploys Nuance’s DAX Copilot Across Enterprise

by Jasmine Pennic 05/02/2024 Leave a Comment

What You Should Know: - Intermountain Health, a leading healthcare system serving the Intermountain West, announced today the enterprise-wide deployment of Nuance Communications' Dragon® Ambient eXperience™ (DAX™) Copilot, a generative AI solution aimed at improving clinical documentation efficiency and reducing administrative burdens. - Intermountain Health emphasizes the responsible development and application of AI technology. DAX Copilot incorporates Microsoft's responsible AI
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Livara Health Secures $15M to Expand Value-Based Musculoskeletal Care Solutions

by Fred Pennic 05/02/2024 Leave a Comment

Livara Health Secures $15M to Expand Value-Based Musculoskeletal Care Solutions

What You Should Know:  - Livara Health, a leading provider of value-based musculoskeletal (MSK) management solutions, raises $15M in Series B funding led by A1 Health Ventures.  - Existing investors Polaris Partners, Providence Ventures, Martin Ventures, and a new strategic investor also participated in the round. Livara Health: A Leader in Value-Based MSK Care Livara Health (formerly SpineZone) offers a comprehensive value-based MSK management solution. Through a
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