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Digital Health | News, Analysis, Insights - HIT Consultant

Trovo Health Launches with $15M for AI-Powered Intelligent Assistants

by Fred Pennic 05/01/2024 Leave a Comment

Trovo Health Launches with $15M for AI-Powered Intelligent Assistants

What You Should Know:  - Trovo Health, a groundbreaking healthcare technology company, announced today its official launch and a $15 million Series A funding round led by Oak HC/FT.  - Trovo's mission is to revolutionize patient care by equipping providers with an AI-powered platform backed by a multidisciplinary care team. Empowering Providers to Deliver Exceptional Care Trovo's innovative platform addresses a critical need in healthcare: empowering physicians and other
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AI Model Predicts Heart Disease and Heart Failure, Identifies $1.4B in Potential Savings

by Jasmine Pennic 05/01/2024 Leave a Comment

AI Model Predicts Heart Disease and Heart Failure, Identifies $1.4B in Potential Savings

What You Should Know: - Cedar Gate Technologies (Cedar Gate), a leader in value-based care technology, announced today the potential for significant healthcare cost savings through early identification of at-risk patients. - An analysis of their national Healthcare Benchmark Database, encompassing nearly 13 million member lives, revealed a staggering $1.4 billion in potential savings. Machine Learning for Early Disease Detection Cedar Gate's platform leverages machine learning
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G1 Therapeutics and Pepper Bio Ink Global License Agreement for Lerociclib

by Syed Hamza Sohail 05/01/2024 Leave a Comment

G1 Therapeutics and Pepper Bio Announce Ink Global License Agreement for Lerociclib

What You Should Know: -       G1 Therapeutics, Inc. (Nasdaq: GTHX), a commercial-stage oncology company, and Pepper Bio, the world’s first transomics drug discovery and development company, announced a global licensing agreement (excluding the Asia-Pacific region) for lerociclib for all indications outside acute radiation syndrome (ARS). -       As Pepper Bio’s first in-licensed therapeutic, lerociclib is a potent and selective
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AR/VR in Healthcare: Why Collaboration is its Most Important Use

by Wyatt Oren, Director of Sales, Telehealth and EdTech, Agora 05/01/2024 Leave a Comment

AR/VR in Healthcare: Why Collaboration is its Most Important Use

Throughout history, new and emerging technologies have helped revolutionize and advance the field of medicine, allowing medical professionals to develop groundbreaking new procedures, work towards cures to previously incurable diseases, and much more. Healthcare practitioners are always looking for ways to use emerging technologies to transform their work, and today one of the top technologies available to revolutionize the healthcare space is Augmented Reality (AR) and Virtual Reality
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Walmart Shutters All 51 Health Centers, Telehealth Offering Citing “Escalating Operating Costs”

by Fred Pennic 04/30/2024 Leave a Comment

Walmart Expands Partnership with Inovalon for Complete View of Patient Journey

What You Should Know:  - Walmart announced today the difficult decision to close all 51 Walmart Health centers and discontinue its virtual care offering. This comes after five years of operation for the health centers. - The company cited a "challenging reimbursement environment and escalating operating costs" as reasons for the closure. This highlights the difficulty of establishing a profitable healthcare business model, especially in the current environment. Priority Shift on
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Nicklaus Children’s Health System and Philips Ink 10-Year Partnership

by Fred Pennic 04/30/2024 Leave a Comment

What You Should Know:  - Philips and Nicklaus Children's Health System, a leader in pediatric care, announced a groundbreaking 10-year collaboration focused on enhancing patient and staff experiences, improving outcomes, and driving innovation in pediatric care. - As part of the partnership, Nicklaus Children's will be the first to adopt the virtually helium-free Philips Ambition X MR scanner. This innovative technology eliminates the need for ongoing helium refills, a significant
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Vitestro Secures $22M for Autonomous Blood Draw Device

by Syed Hamza Sohail 04/30/2024 Leave a Comment

Vitestro Secures $22M for Autonomous Blood Draw Device

What You Should Know: -       Vitestro, the pioneering autonomous blood drawing company, today announced that it has raised $22 million (€20 million) funding to accelerate commercialization of its innovative robotic blood drawing device. -       This brings its total funding raised to $50 million (€46 million) from both equity investments and grant funding. Vitestro Secures Oversubscribed Funding Round to Drive European
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Caris and COTA Partner to Expand Cancer Care with AI-Powered RWD Platform

by Jasmine Pennic 04/30/2024 Leave a Comment

Caris and COTA Partner to Expand Cancer Care with AI-Powered RWD Platform

What You Should Know:  - Caris Life Sciences (Caris), a leader in AI-powered precision medicine, and COTA, Inc., a real-world data (RWD) and analytics expert, announced a strategic collaboration today. - The strategic partnership aims to revolutionize cancer treatment development and patient care by leveraging a powerful combination of data: Caris' extensive molecular data and COTA's real-world patient information. Real-World Data Fusion for Precision Medicine This collaboration
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Genomics plc & GSK Partner to Optimize Clinical Trials with Genetic Risk Testing

by Jasmine Pennic 04/30/2024 Leave a Comment

Genomics plc & GSK Partner to Optimize Clinical Trials with Genetic Risk Testing

What You Should Know:  - Genomics plc, a leader in polygenic risk score (PRS) technology, and pharmaceutical giant GSK inks a new collaboration to explore the potential of PRS for optimizing clinical trial design.  - The innovative approach could revolutionize the way researchers select patients and ultimately lead to faster development of new treatments. Unlocking the Power of Genetics for Clinical Trials Genomics plc brings its expertise in PRS technology to the table.
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GE HealthCare’s Portrait VSM Vital Signs Monitor Receives FDA Clearance

by Fred Pennic 04/29/2024 Leave a Comment

GE HealthCare's Portrait VSM Vital Signs Monitor Receives FDA Clearance

What You Should Know:  - GE HealthCare has received FDA 510(k) clearance for its innovative Portrait VSM vital signs monitor. This portable device promises to revolutionize patient care by offering clinicians a more efficient and accurate way to track patients' health. - The Portrait VSM builds upon GE HealthCare's trusted DINAMAP legacy, utilizing the proven SuperSTAT non-invasive blood pressure algorithm for precise and reliable readings. This next-generation monitor goes beyond
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