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Digital Health | News, Analysis, Insights - HIT Consultant

Avidex and Artisight Partner to Transform Virtual Care in Hospitals

by Jasmine Pennic 10/18/2023 Leave a Comment

Avidex and Artisight Partner to Transform Virtual Care in Hospitals

What You Should Know:  - Avidex, a provider of audiovisual and interactive patient care solutions, and Artisight, an AI-powered smart hospital platform announced a strategic partnership. - Avidex and Artisight will harness the strengths of both companies to provide a turnkey virtual care solution. Avidex will take on the role of the in-room technology integrator, leveraging its expertise to install and support the solution's essential AV equipment and platform integration of its
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Intelerad, Densitas Partner on AI-Powered Breast Cancer Screenings

by Jasmine Pennic 10/17/2023 Leave a Comment

Intelerad, Densitas Partner on AI-Powered Breast Cancer Screenings

What You Should Know:  - Densitas®, a provider of artificial intelligence solutions for breast cancer screening, announced a strategic partnership with Intelerad Medical Systems®, a provider of medical imaging software and services to advance AI-driven breast cancer screening.  - This partnership strengthens clinical decision-making, increases operational efficiencies, reduces costs, and improves mammography quality and mammography facility adherence with MQSA EQUIP
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Ventricle Health Secures $8M to Accelerate Value-Based Home Care Model for Heart Failure

by Fred Pennic 10/17/2023 Leave a Comment

Ventricle Health Secures $8M to Accelerate Value-Based Home Care Model for Heart Failure

What You Should Know:  - Ventricle Health - a new national, virtual cardiology clinical reimagining cardiac care delivery - raises $8M in seed funding led by RA Capital and Waterline Ventures.  - This company will used the seed funding to expand Ventricle Health’s heart failure management therapeutic model in collaboration with value-based care provider groups and payers, which can reduce the overall average annual cost of heart failure care by at least 30-50%.  Virtual
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Enterprise Imaging: What is the Market Opportunity Beyond Radiology?

by Amy Thompson, Research Manager at Signify Research 10/17/2023 Leave a Comment

Enterprise Imaging: What is the Market Opportunity Beyond Radiology?

The concept of an enterprise imaging strategy was coined over a decade ago, however, it’s only in recent years that the expansion beyond “enterprise radiology” has truly begun. The total market for IT across those nine specialties included in Signify Research’s report reached $6.6 billion in 2022; however, only 20% of market revenue was associated with enterprise deals. When digging deeper into which specialties led the enterprise trend, radiology represented 71% of the total enterprise imaging
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FemTech: Memorial Hermann Taps Midi Health to Expand Access to Expert Midlife Care for Women

by Jasmine Pennic 10/17/2023 Leave a Comment

FemTech: Memorial Hermann Taps Midi Health to Expand Access to Expert Midlife Care for Women

What You Should Know:  - Memorial Hermann Health System is teaming up with Midi Health, a virtual care clinic focused exclusively on women navigating midlife hormonal transition for women in perimenopause and menopause. - Memorial Hermann will work with Midi to extend the care their providers can give to women. Midi's virtual clinic offers high-touch telehealth services while supporting patients’ continued connection to the expertise and care of their Memorial Hermann-affiliated
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HeartX Accelerator Announces 5 Startups for 2023 Program

by Fred Pennic 10/16/2023 Leave a Comment

HeartX Accelerator Announces 5 Startups for 2023 Program

What You Should Know: - HeartX, a digital health accelerator powered by HealthTech Arkansas and MedAxiom along with eleven leading cardiology practices in Arkansas and around the country — has selected the five healthcare companies that will participate in the 2023 accelerator program. - HeartX is a cardiovascular-focused healthcare accelerator that facilitates guaranteed hospital pilot projects and clinical trials for accomplished, early-stage companies bringing new cardiovascular
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Ozempic: From Diabetes Management to Potential Weight Loss Miracle

by George Kramb, CEO and co-founder of PatientPartner 10/16/2023 Leave a Comment

Ozempic: From Diabetes Management to Potential Weight Loss Miracle

You've probably heard about Ozempic, especially if you're one of the millions who regularly scroll through TikTok or browse other social media platforms. It's the drug that influencers are lauding as a revolutionary aid for weight loss, making it a hot topic of conversation.  While Ozempic was initially developed to manage Type 2 diabetes, its emerging potential for weight loss is captivating medical professionals and the public alike. How Ozempic Works: The Basics Ozempic is a
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GE HealthCare Inks $44M Contract with BARDA to Develop AI-Driven Ultrasound Tech

by Jasmine Pennic 10/13/2023 Leave a Comment

GE HealthCare Inks $44M Contract with BARDA to Develop AI-Driven Ultrasound Tech

What You Should Know: GE HealthCare announced a $44M contract with the Biomedical Advanced Research and Development Authority (BARDA) —part of the Administration for Strategic Preparedness and Response (ASPR) within the U.S. Department of Health and Human Services (HHS)—to develop and obtain regulatory clearance for next-generation ultrasound technology with AI applications. - The goal of the technology will support clinicians of all skill levels in
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FDA Forms Digital Health Advisory Committee

by Jasmine Pennic 10/13/2023 Leave a Comment

FDA Forms Digital Health Advisory Committee

What You Should Know: - The U.S. Food and Drug Administration (FDA) has formed a new Digital Health Advisory Committee to help the agency explore the complex, scientific and technical issues related to digital health technologies (DHTs), such as artificial intelligence/machine learning (AI/ML), augmented reality, virtual reality, digital therapeutics, wearables, remote patient monitoring and software. - The Digital Health Advisory Committee will advise the FDA on issues related to DHTs,
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M&A: OptimizeRx to Acquire Medicx Health for $95M

by Fred Pennic 10/13/2023 Leave a Comment

M&A: OptimizeRx to Acquire Medicx Health for $95M

What You Should Know: OptimizeRx, a provider of healthcare technology solutions announced it has signed an agreement to acquire Scottsdale, Arizona-based Healthy Offers, Inc., dba Medicx Health, a healthcare consumer-focused omnichannel marketing and analytics company.   - OptimizeRx will acquire Medicx for $95M, and certain members of Medicx’s management plan to invest approximately $10.5M of their proceeds into the Company’s common stock. The cash component of the acquisition is
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