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Digital Health | News, Analysis, Insights - HIT Consultant

VIVE 2023: 6 Digital Health Executives Share Their Key Takeaways

by Fred Pennic 03/31/2023 Leave a Comment

ViVE 2023 Executive Takeaways

A common thread throughout my conversations at ViVE was the increased competition for health consumers. Larger health systems are continuing to be fragmented by smaller specialties, like Northwell Health, which reported their outpatient care volumes are continuing to rise. Free-standing surgery centers, ER, urgent care, primary care, imaging centers and so on, are monitoring large healthcare systems looking for ways to extract the most profitable arms and business from them. As this continues to
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Kahun Integrates AI Physician Chatbot with ChatGPT

by Fred Pennic 03/31/2023 Leave a Comment

Kahun Integrates AI Physician Chatbot with ChatGPT

What You Should Know: - Kahun, an evidence-based clinical reasoning tool for physicians announced it is integrating its AI chatbot for physicians with ChatGPT, an open-source AI chatbot platform to build on the advanced Large Language Model’s (LLM) ability to engage in human-like conversation with patients. - By integrating ChatGPT, Kahun builds on the language model’s text fluency to boost patient engagement pre-visit, cutting the time needed for the healthcare provider to conduct the
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Phenomix Sciences Launches Saliva Test to Predict Obesity Phenotype

by Jasmine Pennic 03/30/2023 Leave a Comment

Phenomix Sciences Launches Saliva Test to Predict Obesity Phenotype

What You Should Know: - Phenomix Sciences (Phenomix), a precision medicine biotechnology company that brings data intelligence to the treatment of obesity, announces today the launch of its first therapy selection test, the My Phenome Hungry Gut test. - This is a first-of-its-kind obesity test and will determine if a patient’s phenotype is Hungry Gut (Satiety) or feeling hungry shortly after eating a meal. If a patient is Hungry Gut phenotyped, providers are able to more precisely and
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Hybrid Healthcare and The New Normal: Biggest Adjustments for Healthcare Organizations

by Eric Bacon, President at AMD Global Telemedicine, Inc. 03/30/2023 Leave a Comment

Hybrid Healthcare and the New Normal: Biggest Adjustments for Healthcare Organizations

The adoption of virtual health has increased dramatically since March 2020, with 150 million telehealth claims in less than two years. Like other revolutionary innovations throughout history, healthcare innovation is necessitated by time — and unmet needs. So many struggled to create virtual care solutions during the pandemic, and many technology companies jumped into the telehealth space because of the unmet needs of patients. But the pandemic era is soon coming to an end, leaving telehealth to
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Inato Raises $20M to Make Clinical Trials More Inclusive

by Fred Pennic 03/29/2023 Leave a Comment

Inato Raises $20M to Make Clinical Trials More Inclusive

What You Should Know: - Inato, a technology platform that connects pharma companies (trial sponsors) with community-based trial sites raises $20M in new funding (A2) led by Cathay Innovation with participation from existing investor Obvious Ventures and new investors La Maison and Top Harvest Capital. Inato works with many of the top 30 pharmaceutical companies worldwide to make clinical trials more inclusive. - The new funding will fuel Inato’s continued product innovation, international
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Telehealth Utilization Declined 76% Nationally from 2020 to 2021

by Jasmine Pennic 03/29/2023 Leave a Comment

Telehealth Utilization Declined 76% Nationally from 2020 to 2021

What You Should Know: - From 2020 to 2021, telehealth utilization declined 76 percent nationally while, during that same period, retail clinic utilization increased 51 percent nationally. - Retail clinic growth had the greatest increase among all alternative places of service studied—retail clinics, urgent care centers, telehealth and ambulatory surgery centers (ASCs)—as well as emergency rooms (ERs), in a new FAIR Health white paper containing the sixth annual edition of
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CareRev Expands Flexible Healthcare Staffing into Delaware

by Jasmine Pennic 03/29/2023 Leave a Comment

CareRev Expands Flexible Healthcare Staffing into Delaware

What You Should Know: CareRev, a technology platform reimagining healthcare staffing by connecting hospitals and health systems with local nurses and other healthcare professionals for daily shifts, announced its expansion into Delaware with a partnership with Beebe Healthcare.Beebe will utilize CareRev’s technology to identify and hire qualified local Delaware talent to support their full-time hospital staff and ultimately improve patient safety and outcomes. Staffing managers at Beebe
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Exec Hires: Elucid Appoints Andrew Miller as CTO

by Digital Health Executive Appointments 03/29/2023 Leave a Comment

Exec Hires: Elucid Appoints Andrew Miller as CTO

What You Should Know: - Elucid, Inc., a medical technology company providing physicians with AI-powered imaging analysis software to assess cardiovascular disease, has hired Andrew Miller as its chief technology officer (CTO). - As CTO, Andrew will lead the technology strategy and oversee the engineering team’s execution. Elucid’s software is the only FDA-cleared non-invasive tool able to accurately characterize arterial plaque, simulating what pathologists would see under a microscope and
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Zorro Launches with $11.5M to Revolutionize Employee Health Benefits

by Fred Pennic 03/29/2023 Leave a Comment

Zorro Launches with $11.5M to Revolutionize Employee Health Benefits

What You Should Know: - Zorro, a digital health company optimizing the health benefits experience for employees, employers and brokers, announced its launch out of stealth with $11.5M seed funding round co-led by Pitango and 10D. - The process of offering employee benefits is complicated, opaque and burdensome. For employers and brokers, offering benefits often results in unpredictable budgets, endless administration, and a distraction from the core business. For employees, health
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DW Healthcare Partners Closes $210M Fund to Invest in Healthcare Companies

by Fred Pennic 03/28/2023 Leave a Comment

DW Healthcare Partners Closes $210M Fund to Invest in Healthcare Companies

What You Should Know: - DW Healthcare Partners (“DWHP”), a healthcare-focused private equity firm, announced the closing of  DW Healthcare Partners Small Cap, L.P. (“Founders Fund”), a $210M fund focused on lower middle market healthcare investments. This new fund brings DWHP’s total capital under management to USD $1.3 billion. - The Founders Fund will invest in companies that are $3M to 6M EBITDA.  The fund currently has two investments: TubeWriter and DermLite.
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