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Digital Health | News, Analysis, Insights - HIT Consultant

RapidAI Secures $75M for AI-Driven Stroke Care Solutions

by Jasmine Pennic 07/27/2023 Leave a Comment

RapidAI Secures $75M for AI-Driven Stroke Care Solutions

What You Should Know:  - RapidAI, a San Mateo, CA-based digital health company developing artificial intelligence (AI) and technology workflow solutions to combat life-threatening neurovascular, cardiac and vascular diseases, today announced $75 million in Series C funding led by Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic financing partner focused on the enterprise software, data and technology markets.  - The funding aims to drive platform
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NABP, IBM Partner to Build Platform to Protect Drug Supply Chain

by Syed Hamza Sohail 07/27/2023 Leave a Comment

NABP, IBM Partner to Build Digital Platform to Protect Drug Supply Chain

What You Should Know: The National Association of Boards of Pharmacy® (NABP®) and IBM Consulting are pleased to announce their collaboration to build Pulse by NABP™, a new digital platform that is intended to bring visibility to the drug supply chain and help protect patients from counterfeit or substandard prescription medications.Launching later in the summer of 2023, the platform is designed to facilitate manufacturers, wholesalers, pharmacies, and regulators to identify
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PocketHealth Unveils Appointment Reminders to Enhance Patent Engagement

by Syed Hamza Sohail 07/27/2023 Leave a Comment

PocketHealth Unveils Appointment Reminders to Enhance Patient Engagement

What You Should Know: PocketHealth today launched Appointment Reminders, a new product integrated within its image sharing platform that enables healthcare providers to reduce the number of missed appointments through personalized, automated patient-communications.With Appointment Reminders, imaging centers and hospitals can seamlessly send automated, customized prep instructions and scheduling reminders to patients via email or text messages, ensuring continuity of care and operational
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Verizon Deploys 5G Edge to Advance Care at VA Palo Alto Medical Center

by Syed Hamza Sohail 07/27/2023 Leave a Comment

Verizon Deploys 5G Edge to Advance Care at VA Palo Alto Medical Center

What You Should Know: Verizon Business, in partnership with the VA Palo Alto Health Care System today announced the deployment of a full spectrum private 5G network.This announcement is a continuation of the broader partnership between the United States Department of Veteran Affairs (VA) and Verizon Business that started in 2020 with the announcement of VA Palo Alto Health Care System as VA’s first 5G-enabled healthcare facility. Improving 5G Technology to Facilitate
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AWS Launches Generative AI Solution That Auto Generates Clinical Notes

by Fred Pennic 07/26/2023 Leave a Comment

AWS Launches Generative AI Solution That Auto Generates Clinical Notes

What You Should Know:  Amazon Web Services, Inc. (AWS) launches AWS HealthScribe, a new HIPAA-eligible service that empowers healthcare software providers to build clinical applications that use speech recognition and generative AI to save clinicians time by generating clinical documentation. With AWS HealthScribe, healthcare software providers can use a single API to automatically create robust transcripts, extract key details (e.g., medical terms and medications), and create
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Whole Foods Co-Founder Launches Health & Wellness Company, Love.Life

by Fred Pennic 07/26/2023 Leave a Comment

Whole Foods Co-Founder Launches Health & Wellness Company, Love.Life

What You Should Know:  - Whole Foods Market co-founder, John Mackey today announced the launch of an integrated new health and wellness company, Love.Life. - The company’s virtual health optimization programs and plans for its first flagship location in El Segundo, CA is slated to open in the summer of 2024.  The Future of Health The company's new optimization programs provide patient-centric medical care that is outcome-driven, personalized, and dedicated to addressing all
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Mindful Meditation App Headspace Closes $105M Debt Facility

by Jasmine Pennic 07/26/2023 Leave a Comment

Mindful Meditation App Headspace Closes $105M Debt Facility

What You Should Know:  Headspace, a digital healthcare company focused on mental health announced it has closed $105M in senior debt facility from Oxford Finance, a specialty finance firm providing senior debt to healthcare and life sciences companies worldwide.Proceeds from the financing will be used to further support the expansion of Headspace's innovative mental health platform. Additionally, the investment will enable Headspace to be opportunistic in investing in areas where it sees
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How Generative AI Can Transform Healthcare Contact Centers

by Patty Hayward, GM of Healthcare and Life Sciences at Talkdesk 07/26/2023 Leave a Comment

How Generative AI Can Transform Healthcare Contact Centers

Generative artificial intelligence (AI) arguably is the hottest topic today in the world of business and technology. With the ability to create content such as text, images, audio, and video, generative AI algorithms are being tested for use cases in marketing, finance, education, and healthcare. ChatGPT and other generative AI platforms have tremendous potential to transform healthcare and other industries. But the current inherent limitations of generative AI introduce compliance and
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M&A: CareDx Acquires Organ Transplant Company MediGO

by Fred Pennic 07/25/2023 Leave a Comment

M&A: CareDx Acquires Organ Transplant Company MediGO

What You Should Know:  Precision medicine company CareDx acquires MediGO, an organ transplant supply chain and logistics company for an undisclosed sum.The strategic acquisition will expand CareDx’s digital health portfolio to serve the organ procurement organization (OPO) market while also bolstering its pre-transplant offerings aimed at shortening transplant wait times and increasing access to donated organs.  Enhancing Organ Procurement The organ recovery and transplant
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K4Connect Raises $8.9M to Expand Tech Accessibility for Senior Living

by Jasmine Pennic 07/25/2023 Leave a Comment

K4Connect Raises $8.9M to Expand Tech Accessibility for Senior Living

What You Should Know:  K4Connect, a Raleigh, NC-based mission-centered healthtech company and provider of enterprise operations tech for the senior living communities raises $8.9M in funding co-led by Bryce Catalyst and AXA Venture Partners, with continued support from existing investors, including Intel Capital, Forté Ventures, Topmark Partners, and the Ziegler-Linkage Fund.This latest round brings the company’s total funding raised to $39M and will be used to drive further adoption in
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