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Digital Health | News, Analysis, Insights - HIT Consultant

Pathway Raises $5M for AI-Powered Medical Knowledge Platform

by Fred Pennic 11/16/2023 Leave a Comment

Pathway Raises $5M for AI-Powered Medical Knowledge Platform

What You Should Know: - Pathway, an AI-powered medical knowledge platform, has secured $5 million in seed funding to expand its solutions and address information overload for healthcare professionals. The seed funding was led by Yamaha Motor Ventures, with participation from Verge HealthTech Fund, existing investors Amplify Capital, BoxOne Ventures, and Formentera Capital. Several physicians who have experienced Pathway's benefits also backed the funding round. - The funding will allow
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Philips and NYU Langone Health Forge 8-Year, $115 Million Partnership to Elevate Patient Care through Innovation

by Jasmine Pennic 11/16/2023 Leave a Comment

What You Should Know: - Philips and NYU Langone Health have announced an 8-year strategic partnership valued up to $115M and aimed at enhancing patient care through further innovation. - The partnership will focus on the development of new technologies that will allow NYU Langone clinicians to collaborate in real-time, share data, and provide personalized care plans. The technologies will also help to reduce costs and improve outcomes. Adoption of Philips Solutions NYU Langone will
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Forward Secures $100M to Expand AI-Powered Doctor’s Offices

by Fred Pennic 11/16/2023 Leave a Comment

Forward Secures $100M to Expand AI-Powered Doctor’s Offices

What You Should Know: - Forward, a leading AI-powered healthcare company, has announced $100M in growth capital to expand its network of Forward CarePods, self-service AI-powered doctor's offices. This investment will fuel Forward's mission to revolutionize healthcare by making it more accessible, affordable, and high-quality. - The funding round was led by Khosla Ventures, with participation from Founders Fund, Samsung Next, Abu Dhabi Investment Authority, and Softbank. In addition to
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M&A: BehaVR and Fern Health Merge to Form RealizedCare Focused on Digital Therapeutics

by Fred Pennic 11/16/2023 Leave a Comment

BehaVR and Fern Health Merge to Form RealizedCare Focused on Digital Therapeutics

What You Should Know: - BehaVR and Fern Health have merged to create RealizedCare, a new company that will provide digital care management solutions for chronic pain. RealizedCare's platform combines digital therapeutics (DTx) with traditional wraparound services to deliver personalized care at scale. - The company has partnered with Grünenthal, a global research-based pharmaceutical company, as a strategic investor. Chronic Pain Challenges Chronic pain affects an estimated 52
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American Cancer Society and Color Health Partner to Provide Free Lung Cancer Screening

by Jasmine Pennic 11/16/2023 Leave a Comment

American Cancer Society and Color Health Partner to Provide Free Lung Cancer Screening

What You Should Know: - The American Cancer Society (ACS) and Color Health have announced a new program to provide free lung cancer screening access to eligible individuals. - The program will make it easy for people to determine their eligibility, identify screening options, and get screened. The goal of the program is to increase the number of eligible Americans who get screened for lung cancer, which is the leading cause of cancer death in the United States. Impact Program to
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Meet The Circular Smart Ring Slim, The Slimmest and Lightest Smart Ring in the World

by Syed Hamza Sohail 11/15/2023 Leave a Comment

Meet The Circular Smart Ring Slim, The Slimmest and Lightest Smart Ring in the World

What You Should Know: Following the success of the groundbreaking Circular Ring Pro, Circular, pioneers of smart ring technology, is excited to unveil the Circular Ring Slim, the thinnest, and lightest, most intuitive smart ring in the world and the first to incorporate haptic navigation and alerts.Paired with Kira+, Circular's powerful AI wellness assistant, the sleek Circular Ring Slim assesses 7 biometrics and 142 derived markers 24/7 to help people sleep better and live healthier
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Cytovale Fuels Sepsis Diagnostic Innovation with $84M in Funding

by Syed Hamza Sohail 11/15/2023 Leave a Comment

Cytovale Fuels Sepsis Diagnostic Innovation with $84M in Funding

What You Should Know: Cytovale®, a commercial-stage medical diagnostics company focused on advancing early detection technologies to diagnose fast-moving and immune-mediated diseases, today announced it has raised $84 million in Series C funding led by Norwest Venture Partners with participation by additional new investors Sands Capital and Global Health Investment Corporation (GHIC).The financing included participation from other new and existing investors, as well as the conversion of
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UHealth and Aidoc Partner on AI-Driven Care Diagnostic Imaging

by Digital Health Strategic Partnership 11/15/2023 Leave a Comment

UHealth and Aidoc Partner on AI-Driven Care Diagnostic Imaging

What You Should Know: UHealth has launched a system-wide AI deployment powered by Aidoc, a pioneer in artificial intelligence. The initiative aims to support UHealth's mission of delivering high-quality, compassionate care by utilizing AI to identify suspected findings early in the care process. UHealth will integrate Aidoc's 13 FDA-cleared algorithms and pathway-optimized workflow technologies. Aidoc's platform, the aiOS™ flags suspected acute abnormalities in patient scans, expedites
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Edge Computing’s Role in Shaping the Future of Wearable Healthcare

by Jiang Li, founder and CEO of Vivalink 11/15/2023 Leave a Comment

Edge Computing's Role in Shaping the Future of Wearable Healthcare

Remote patient monitoring (RPM) has become an integral part of modern healthcare, utilizing wearable devices to track patients' conditions outside the clinic or hospital setting. Devices like these collect critical information from patients, such as their heart rate, activity levels, and temperature, which providers can use for real-time insights to guide treatment and identify conditions proactively. Due to the technology’s inherent advantages, providers and researchers have increasingly
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Mercy’s AI-Powered Texting Platform Intercepts Chemo-Related Hospital Admissions

by Fred Pennic 11/15/2023 Leave a Comment

Mercy's AI-Powered Texting Platform Intercepts Chemo-Related Hospital Admissions

What You Should Know: - Mercy has developed a new AI-driven texting platform called The Chen Chemotherapy Model, which is helping to keep chemotherapy patients out of the hospital by raising red flags before symptoms become severe. The model was created by Jiajing Chen, a data scientist who passed away from cancer earlier this year. - The Chen Chemotherapy Model predicts the likelihood of outpatient chemotherapy patients experiencing symptoms that may result in hospitalization within 30
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