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Digital Health | News, Analysis, Insights - HIT Consultant

Wolters Kluwer Health Acquires AI Drug Diversion Detection Company Invistics

by Health M&A 06/07/2023 Leave a Comment

Wolters Kluwer Acquires AI Drug Diversion Detection Company Invistics

What You Should Know:  Wolters Kluwer Health today announced the acquisition of Invistics Corporation (Invistics), a U.S.-based provider of cloud-based, AI-enabled software for drug diversion detection and controlled substance compliance. Invistics will join the company’s Clinical Surveillance, Compliance & Data Solutions unit, part of Clinical Solutions. Financial details of the acquisition were not disclosed. Invistics’ solution, Flowlytics, uses predictive analytics to detect
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NYU, NVIDIA Collaborate on Large Language Model to Predict Patient Readmission

by Fred Pennic 06/07/2023 Leave a Comment

NYU, NVIDIA Collaborate on Large Language Model to Predict Patient Readmission

What You Should Know:  Researchers at NYU Langone Health, the academic medical center of New York University, have collaborated with NVIDIA experts to develop a large language model (LLM) that predicts a patient’s risk of 30-day readmission, as well as other clinical outcomes. The LLM was deployed in the healthcare system’s six inpatient facilities, the NYUTron model — featured today in the scientific journal Nature that will provide doctors with AI-driven insights that could help
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Improving Physical Therapist and Patient Experiences with Technology Innovation

by Patrick Tarnowski, Chief Commercial Officer, OneStep 06/07/2023 Leave a Comment

Improving Physical Therapist and Patient Experiences with Technology Innovation

Today’s physical therapists are exhausted and drowning in debt from school loans. Looking at the physical therapy (PT) profession as a whole, there is an average turnover rate of 13.6%, a significant portion of the current healthcare industry’s staggering rate of 100.5% turnover, over the last 5 years, according to Daily Pay’s Healthcare Turnover Rates [2022 Edition]. What’s even more concerning is that 1 in 3 rehab professionals describe themselves as burnt-out. What’s contributing to such
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Know Labs Reveals Prototype for Non-Invasive Glucose Monitoring

by Syed Hamza Sohail 06/07/2023 Leave a Comment

Know Labs Reveals Prototype for Non-Invasive Glucose Monitoring

What You Should Know: Know Labs, an emerging developer of non-invasive medical diagnostic technology, revealed the next stage in the development of its proprietary Bio-RFID™ technology – the Generation (Gen) 1 Device. Gen 1 incorporates Know Labs’ Bio-RFID sensor – which has been proven as technically feasible and stable in delivering repeatable results in measuring blood glucose when used in a lab environment – in a portable device.Currently, there are no medical-grade, commercially
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6 Digital Business Card Use Cases to Enhance Patient Experience

by Sharat Potharaju, CEO and Co-Founder, Beaconstac 06/06/2023 Leave a Comment

6 digital Business Card Use Cases for Healthcare Professionals

The healthcare industry is undergoing digital transformation in every aspect, with more innovative approaches replacing outdated, manual practices. Healthcare’s digital overhaul includes changes that improve the overall patient experience by prioritizing convenience and access to care. However, digital transformation in healthcare doesn't solely improve the patient experience — it has also improved the experiences of healthcare professionals.  One tool changing the industry that caters
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Too Many Chatbots? What Is The Right Mix of AI/Human Interactions?

by Simon Johns, Director of Medical Information and Marketed Product Safety at IQVIA 06/06/2023 Leave a Comment

Too Many Chatbots? What Is The Right Mix of AI/Human Interactions?

Pharmaceutical companies across the globe are currently investing in artificial intelligence (AI) to overcome challenges surrounding the support of inquiries from healthcare professionals (HCPs). In fact, according to an Informa study, 58% of life science experts believe that advanced AI agents have the potential to deliver HCP engagement experiences comparable to human experts. Blending humans and AI agents help to address rising expectations and demand for constant multichannel access to
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RxLightning Secures $17.5M to Streamline Specialty Medications Access & Affordability

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

RxLightning Secures $17.5M to Streamline Specialty Medications Access & Affordability

What You Should Know: RxLightning, creator of the industry’s first comprehensive platform for streamlining specialty medication access and affordability, today announced that it closed a $17.5 million Series A investment to support the company’s growth and further remove barriers to life-saving therapies.The round was led by LRVHealth, with participation from McKesson Ventures and existing investors Novartis (dRx Capital), Onco360 (BrightSpring Health
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Fixing Broken Digital Front Doors and Combating the ‘Great Patient Disconnect’

by Adnan Iqbal, CEO and co-founder of Luma Health 06/05/2023 Leave a Comment

Fixing Broken Digital Front Doors and Combating the ‘Great Patient Disconnect’

Have you searched for something on a company’s website, then given up and called to speak to a customer service representative when you couldn’t find the answers you were looking for? This experience is all too common – especially in healthcare.  Since 2020, digital front doors (DFDs) have become increasingly popular. And with the healthcare staff shortage projected to continue—and even worsen through at least 2025—digital entry points into healthcare for patients are more important
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LeanTaaS Launches Generative AI Hospital Operations Solution

by Syed Hamza Sohail 06/05/2023 Leave a Comment

LeanTaaS Launches Generative AI Hospital Operations Solution

What You Should Know: LeanTaaS, Inc., the market leader in providing AI-powered and SaaS-based capacity management, staffing, and patient flow software for health systems, today announced the launch of iQueue Autopilot, a first-of-its-kind generative AI solution that will provide hospital leaders with human-like conversations and actionable insights to support decision-making on staffing, scheduling, workflow, and utilization operations.Generative AI is projected to grow faster in
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Bayer Launches Precision Health Unit to Develop New Products

by Jasmine Pennic 06/02/2023 Leave a Comment

Bayer, Verizon Partner to Build Next-Gen Global Network Infrastructure

What You Should Know:  The Consumer Health Division of Bayer announced this week it has launched a Precision Health business unit focused on developing new products across its range of everyday health categories. The new unit will consist of multiple business units and diverse leaders prioritize developing products that enable people to take greater control of their own personal health through digital solutions that facilitate more informed choices based on personal insights and novel
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