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Digital Health | News, Analysis, Insights - HIT Consultant

Why Digital Pathology’s Ecosystem Won’t Support AI Startups

by Imogen Fitt, Senior Market Analyst at Signify Research 07/31/2023 Leave a Comment

Why Digital Pathology’s Ecosystem Won’t Support AI Startups

Whilst growth in the overall digital pathology AI market is set to scale quickly, cannibalization and consolidation are expected to create headwinds for individual AI vendors. How do investors know where their money is safest? The recent abundance of digital pathology (DP) media coverage can make it hard to remember that not too long ago, this was a market perpetually ‘lagging’ versus other digital healthcare sectors. And whilst growth has now firmly shifted to its ‘log’ phase, there are
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M&A: New Day Diagnostics to Acquire the Assets of Epigenomics AG

by Fred Pennic 07/31/2023 Leave a Comment

M&A: New Day Diagnostics to Acquire the Assets of Epigenomics AG

What You Should Know:  New Day Diagnostics LLC announced it has entered into an agreement to acquire the assets of Epigenomics AG, a molecular diagnostics company focused on blood testing for the early detection of cancer.Under the terms of the agreement, New Day Diagnostics would acquire substantially all of Epigenomics AG’s assets and intellectual property. The acquisition would expand New Day Diagnostics' portfolio in the cancer diagnostics space and include proprietary biomarker
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Henry Schein Medical & Medpod Launches Portable Telediagnostic Solution

by Fred Pennic 07/31/2023 Leave a Comment

Henry Schein Medical & Medpod Launches Portable Telediagnostic Solution

What You Should Know:  Henry Schein Medical, the U.S. medical business of Henry Schein, Inc., and Medpod Inc. launches Medpac – a lightweight, portable telediagnostic solution that allows health care providers to offer comprehensive professional care regardless of location, helping to bridge the gap between remote telemedicine consultations and in-person office visits. Exclusively distributed by Henry Schein Medical, Medpac is suitable for a range of applications, including
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Hippocratic AI Launches Founding Partner Program with Health Systems/Digital Health Companies

by Fred Pennic 07/28/2023 Leave a Comment

Hippocratic AI Launches with $50M for Safety Large Language Model for Healthcare

What You Should Know:  Hippocratic AI, the first Large Language Model (LLM) designed specifically for healthcare, announced its Founding Partner Program with 10 health systems and digital health companies. Partners will help ensure the safety of Hippocratic AI’s LLM over the course of their five-year partnerships; they will guide the development of the model, participate in data governance and model safety committees, establish use cases, engage their medical professionals in conducting
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FDA Grants Clearance for UltraSight’s AI Cardiac Ultrasound

by Fred Pennic 07/28/2023 Leave a Comment

FDA Grants Clearance for UltraSight's AI Cardiac Ultrasound

What You Should Know:  UltraSight, a digital health pioneer transforming cardiac imaging through the power of artificial intelligence, announced that it has been granted FDA clearance for its AI-powered ultrasound guidance technology. The UltraSight real-time AI guidance software can assist medical professionals without sonography experience in acquiring cardiac ultrasound images at the point of care in multiple settings, allowing for more widespread detection of heart disease and
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CareCloud, Google Cloud Partner to Bring Generative AI to Ambulatory Practices

by Fred Pennic 07/27/2023 Leave a Comment

Google Cloud

What You Should Know:  - Google Cloud and CareCloud, today announced a strategic partnership that will bring the power of generative AI to small and medium-sized healthcare providers.  - Utilizing Google Cloud’s generative AI, CareCloud will transform and enhance the operational efficiency of ambulatory practices in office settings, enabling physicians to make more informed treatment decisions and improving cost transparency between healthcare providers and
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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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