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Digital Health | News, Analysis, Insights - HIT Consultant

Aevice Health Secures FDA Clearance for Smart Stethoscope Wearable for Respiratory Monitoring

by Fred Pennic 07/20/2023 Leave a Comment

What You Should Know: - Aevice Health, a Singapore-based provider of remote respiratory monitoring solutions today announced that its AI-powered, smart stethoscope wearable, the AeviceMD, has received clearance from the U.S. Food and Drug Administration (FDA) as a Class II medical device under the 510(k) route. - This clearance empowers the company to market and provide their novel remote monitoring platform to health systems across the country, expanding access to a hassle-free and convenient solution for assessing lung health in clinical and home settings. Remote Respitoring Monitoring Platform The AeviceMD is an integral part of the broader AeviceMD Monitoring System, a comprehensive patient management platform targeted towards chronic respiratory disease management. Leveraging cutting-edge proprietary algorithms, the AeviceMD Monitoring System continuously monitors biomarkers of interest acquired by its smart wearable stethoscope and detects early signs of respiratory exacerbation. The robust platform has completed trials in the emergency department for the analysis of abnormal lung sounds like wheezing against the current standard of care — the clinicians’ own stethoscope-based analysis. The results from these trials are currently being collated and will be disclosed in a separate and forthcoming announcement. How AeviceMD Works With the AeviceMD, the clinic can now be brought home. The AeviceMD elevates the ubiquitous stethoscope - an essential tool in every clinic - into a smart, digital, and easily accessible device. Caregivers and patients can simply conduct auscultations using the AeviceMD sensor and conveniently share them with their healthcare professional. Through analysis of these recordings, healthcare providers can accurately identify abnormalities and promptly advise patients, enabling proactive management of lung health.

What You Should Know:  - Aevice Health, a Singapore-based provider of remote respiratory monitoring solutions today announced that its AI-powered, smart stethoscope wearable, the AeviceMD, has received clearance from the U.S. Food and Drug Administration (FDA) as a Class II medical device under the 510(k) route.  - This clearance empowers the company to market and provide their novel remote monitoring platform to health systems across the country, expanding access to a
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New Study Evaluates Virtual Reality to Reduce Scanxiety in Brain Tumor Patients

by Syed Hamza Sohail 07/20/2023 Leave a Comment

New Study Evaluates Virtual Reality to Reduce Scanxiety in Brain Tumor Patients

What You Should Know: AppliedVR, an immersive therapeutics (ITx) pioneer advancing a novel approach to medicine, today announced interim analysis results of a phase 2 clinical trial study performed in collaboration with the National Cancer Institute (NCI), part of the National Institutes of Health (NIH).The phase 2 clinical trial explored whether virtual reality (VR) could be an intervention for primary brain tumor (PBT) patients who experience distress and anxiety prior to their clinical
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Why The Healthcare Industry Needs Blockchain More Than Ever

by Pradeep Goel, CEO + Co-founder of Solve.Care 07/20/2023 Leave a Comment

Why The Healthcare Industry Needs Blockchain More Than Ever

Trust is a crucial part of any society, and it is of the utmost importance within the healthcare industry. Ensuring the trustworthiness of healthcare providers is essential for patient confidence as they must be able to trust them to offer accurate information, make informed decisions, and act in their best interest, all while prioritizing privacy and anonymity. Although these tenants remain integral, trust is often broken in more ways than one.  The widespread feeling of distrust has
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SiPhox Health Secures $27M for Lab-Grade Home Health Testing with Silicon Photonics

by Fred Pennic 07/19/2023 Leave a Comment

SiPhox Health Secures $27M for Lab-Grade Home Health Testing with Silicon Photonics

What You Should Know:  - Today, SiPhox Health, a Burlington, MA-based company building the next generation of lab-grade home health testing with silicon photonics raises $27M in funding, including a $10M Seed led by Khosla Ventures and Y Combinator, and a $17M Series A led by Intel Capital. - The SiPhox Home and Health testing systems offer innovative and efficient blood collection solutions for consumers, healthcare systems, pharmaceutical companies, and research teams focusing on
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Wearable Sensor Measures Sweat Lactate Levels During Exercise

by Jasmine Pennic 07/19/2023 Leave a Comment

Wearable Sensor Measures Sweat Lactate Levels During Exercise

What You Should Know:  - A team of Japanese researchers has developed a wearable device that can measure how hard one is exercising by analyzing their sweat.  - Their findings have been published in the journal ACS Sensors. The device continuously monitors the level of lactate in our sweat, which is a good indicator of exercise intensity. This technology can be valuable for athletes and fitness enthusiasts to manage their training and monitor their overall health. Leveraging
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The Future is Now: How AR is Changing the Healthcare Landscape

by Kelly Peng, CEO and CTO of Kura Technologies 07/19/2023 Leave a Comment

The Future is Now: How AR is Changing the Healthcare Landscape

Not long ago, augmented reality (AR) sounded like something straight out of a sci-fi novel. Today, the rapidly-evolving technology is beginning to change the way many industries function, and healthcare is one of the very promising areas.   A doctor’s office a decade in the future could look very different from a doctor’s office of the present; as AR and virtual reality tools develop, they will fundamentally elevate the quality and convenience of healthcare options for all segments of the
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Teladoc Health & Microsoft Expands Generative AI Integration

by Fred Pennic 07/18/2023 Leave a Comment

Teladoc Health Integrates Solo platform with Microsoft Teams for Health Systems

What You Should Know:  - Teladoc Health today announced an integration expansion with Microsoft, leveraging AI to help minimize administrative burden and identify potential hazards. - The integrated solutions will enhance the power of our Solo platform for hospitals and health systems to better support the clinical workforce. These innovations powered by Microsoft AI tools will minimize administrative burden by automating clinical documentation during virtual and in-patient care. -
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Peterson Center on Healthcare Launches $50M Institute to Evaluate Digital Health

by Fred Pennic 07/18/2023 Leave a Comment

Peterson Center on Healthcare Launches $50M Institute to Evaluate Digital Health

What You Should Know:  - The Peterson Center on Healthcare today launched the Peterson Health Technology Institute (PHTI),  an independent non-profit that provides rigorous, evidence-based assessments of digital health technologies.  - Launched with a commitment of $50M, PHTI will analyze clinical benefits and economic impact, as well as the technologies’ effects on health equity, privacy, and security. - PHTI will monitor the evolving pipeline of emerging digital health
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Ensuring Healthcare AI/ML Models Aren’t “Failed Science Fair Projects”

by Andrew Eye, CEO & Founder of ClosedLoop.ai 07/18/2023 Leave a Comment

Ensuring Healthcare AI/ML Models Aren’t “Failed Science Fair Projects”

Artificial Intelligence has become a board-level priority, dominating healthcare technology conversations. However, despite widespread interest in the technology, the healthcare industry is still lagging when it comes to deploying and maintaining successful AI and machine learning (ML) models.  According to a survey by the Society of Actuaries, 93% of healthcare organizations (HCOs) believe leveraging predictive analytics is key to the future of their business, but a staggering
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UK Startup OrganOx Secures $32.6M for Liver Transplantation Device

by Fred Pennic 07/17/2023 Leave a Comment

UK Startup OrganOx Secures $32.6M for Liver Transplantation Device

What You Should Know:  - OrganOx, a United Kingdom-based medical technology company committed to making every donated organ count with metra®, a fully automated normothermic machine perfusion (NMP) device for liver transplantation raises £25M ($32.6M USD) in a growth round led by Lauxera Capital Partners (“Lauxera”) with support from existing investors. - The proceeds from the funding will enable OrganOx to significantly expand its commercial footprint across strategically key areas
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