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Digital Health | News, Analysis, Insights - HIT Consultant

Philips Reaches US Economic Loss Resolution for Respiratory Device Recall

by Jasmine Pennic 09/07/2023 Leave a Comment

Philips Reaches US Economic Loss Resolution for Respiratory Device Recall

What You Should Know: - Philips Respironics, has reached an agreement to resolve all economic loss claims in the US Multidistrict Litigation (MDL) related to Philips Respironics’ voluntary recall of certain sleep and respiratory care devices. - The agreement will provide predefined cash awards to all eligible participants in the US depending on the type of device, extended warranties on all replacement devices, and an additional cash award if they return the recalled device
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OM1 Launches Parkinson’s Disease Real-World Datasets for Neuroscience

by Jasmine Pennic 09/07/2023 Leave a Comment

OM1 Launches Parkinson’s Disease Real-World Datasets for Neuroscience

What You Should Know: Today, OM1 announced the launch of its Parkinson’s Disease datasets, enhancing its Mental Health & Neuroscience Real-World Data Network.OM1’s Mental Health & Neuroscience Real-World Data Network, which already includes robust datasets focused on Major Depressive Disorder, Multiple Sclerosis, Bipolar Disorder I and Schizophrenia, will further expand to include Alzheimer’s Disease in the coming months. Parkinson’s Disease Premium Dataset Nearly
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GE Healthcare, Mass General Brigham Co-Develop AI Algorithm for Radiology Scheduling Predictions

by Jasmine Pennic 09/07/2023 Leave a Comment

GE Healthcare, Mass General Brigham Co-Develop AI Algorithm for Radiology Scheduling

What You Should Know: - GE HealthCare and Mass General Brigham form a strategic collaboration on the co-development of an artificial intelligence (AI) algorithm that will help increase scheduling operations effectiveness and productivity. - The first innovative AI app from the collaboration is the schedule predictions dashboard of Radiology Operations Module (ROM), a digital imaging tool that helps optimize scheduling, reduce cost, and free providers from administrative burden, allowing
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FDA Taps Flatiron for 5-Year Real-World Data Collaboration

by Syed Hamza Sohail 09/06/2023 Leave a Comment

FDA Taps Flatiron for 5-Year Real-World Data Collaboration

What You Should Know: Flatiron Health today announced its renewed collaboration with the Oncology Center of Excellence (OCE) of FDA to jointly develop and implement specific research projects to advance the use of Real World Data (RWD) and explore the potential strengths and limitations of using Real World Evidence (RWE) for regulatory purposes.The partnership will specifically evaluate RWD study designs and analytic methods through the collaborative development of priority, clinically
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Ibex Medical Analytics Raises $55M to Drive AI for Cancer Diagnosis Adoption Globally

by Fred Pennic 09/06/2023 Leave a Comment

Ibex Medical Analytics Raises $55M to Drive AI for Cancer Diagnosis Adoption Globally

What You Should Know: – Ibex Medical Analytics (Ibex), a provider of AI-powered cancer diagnostics raises $55M in Series C financing round led by 83North. - The round also included participation from Sienna Venture Capital and existing investors in the company, Octopus Ventures, aMoon, Planven Entrepreneur Ventures and Dell Technologies Capital. The financing brings total funding to over $100M since Ibex’s inception in 2016.
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Augmedix Expands AI Medical Documentation to Behavioral Health Market

by Jasmine Pennic 09/06/2023 Leave a Comment

Augmedix Expands AI Medical Documentation to Behavioral Health Market

What You Should Know: - Augmedix announced today the expansion of the company’s ambient medical documentation products to the behavioral healthcare market. Augmedix currently supports behavioral healthcare entities with its Augmedix Live and Augmedix Notes products and will supplement those with its newest product, Augmedix Go, later this year. Reduces Burnout for Behavioral Health Clinicians Nearly half of psychologists report burnout or the inability to meet patient demand.
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Pitango HealthTech Launches New $175M Venture Fund

by Syed Hamza Sohail 09/06/2023 Leave a Comment

Pitango HealthTech Launches New $175M Venture Fund

What You Should Know:  Pitango HealthTech, Pitango VC's dedicated healthcare fund, today announced the launch of its second dedicated healthcare fund, Pitango HealthTech II.Pitango HealthTech II had its first closing of the new $175M fund dedicated to investing in entrepreneurs leveraging data science, AI, medical devices and novel biology at the forefront of the transformation of healthcare. AI-Driven Technologies and Medical Devices at the Forefront of Healthcare The $9 Trillion
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Concord Health Invests in NeuroFlow’s Behavioral Health SaaS Platform

by Fred Pennic 09/06/2023 Leave a Comment

Concord Health Invests in NeuroFlow’s Behavioral Health SaaS Platform

What You Should Know: - Concord Health Partners, a healthcare-focused investment firm, announced their investment in NeuroFlow, the market-leading behavioral health SaaS platform.  - NeuroFlow's platform combines AI-driven analytics, care collaboration enablement, and enterprise consumer-grade activation to reduce the risks of identifying, managing, and monitoring complex behavioral health and substance use populations. - Concord's investment will provide NeuroFlow with capital to
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HTD Health Launches Healthcare AI Practice Led by Erkin Ötles

by Jasmine Pennic 09/06/2023 Leave a Comment

HTD Health Launches Healthcare AI Practice Led by Erkin Ötle

What You Should Know: - HTD Health, a New York-based company specializing in virtually-enabled care, EMR integration, and Software as Medical Device (SaMD) design and development, is launching a healthcare AI practice with partner Erkin Ötleş to meet the changing needs of the industry. - The firm works with healthcare organizations across the sector to plan, design, and build software systems to improve patient engagement, clinical efficiency, care quality, and
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Balancing Innovation and the Ethical Adoption of AI in Healthcare

by Andre Esteva, Founder and CEO of ArteraAI 09/06/2023 Leave a Comment

Balancing Innovation and the Ethical Adoption of AI in Healthcare

In recent years, the rapid advancement of artificial intelligence (AI) has created a wave of excitement and anticipation within the healthcare industry. AI has the potential to revolutionize patient care, improve diagnostic and prognostic accuracy, enhance treatment planning, and streamline administrative tasks. However, for AI to truly deliver on its promises, it is essential that AI tools undergo rigorous clinical validation. As both industry and government leaders continue to determine the
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