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Digital Health | News, Analysis, Insights - HIT Consultant

Quest Diagnostics Acquires Haystack Oncology for $300M in Cash

by Fred Pennic 04/27/2023 Leave a Comment

Quest Diagnostics Acquires Haystack Oncology for $300M in Cash

What You Should Know: Quest Diagnostics has reached an agreement to acquire Haystack Oncology  an early-stage oncology company focused on minimal residual disease (MRD) testing to aid in the early, accurate detection of residual or recurring cancer and better inform therapy decisionsUnder the terms of the agreement, Quest will pay $300 million in cash at closing, net of cash acquired, and up to an additional $150 million on achieving future performance
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GigXR to Develop Holographic Simulation Training for Combat Care

by Syed Hamza Sohail 04/27/2023 Leave a Comment

GigXR to Develop Holographic Simulation Training for Combat Care

What You Should Know: Today, global holographic healthcare training providers, GigXR, announce a second Phase II Small Business Innovative Research (SBIR) contract to develop holographic simulation training for the 354th Medical Group United States Air Force (USAF).The contract signifies another step forward for XR as a means to deliver hyper-realistic, immersive training tools. GigXR has been selected to create Tactical Combat Casualty Care (TCCC) training built for its TIME
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Partnership Brings At-Home Specialty Care to Patients with Heart Failure

by Syed Hamza Sohail 04/27/2023 Leave a Comment

Partnership Brings At-Home Specialty Care to Patients with Heart Failure

What You Should Know: Sprinter Health, a mobile diagnostics company, and Story Health, a health technology and services company that provides scalable specialty care beyond the clinic, today announced their partnership to bring elevated healthcare into the homes of patients with heart disease. Heart disease is widespread and impacts nearly 50% of American adults. From hypertension to heart failure, heart disease costs nearly $219B each year and continues to be the leading cause of
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5 Digital Health Executives Share Their Key Takeaways from HIMSS23

by Fred Pennic 04/27/2023 Leave a Comment

HIMSS23 Executive Takeaways

John Erwin, CEO of Carenet Health I was pleased with the robust turnout at HIMSS this year; it does seem like the healthcare industry is making up for the lost time from the pandemic. The topics that dominated the conference included teasing out the nuanced approach to safely deploying Chat GPT/AI into the industry (and when not to), health equity, and the patient journey. Workforce burnout continues to be a major issue in healthcare, though I think we could have
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Consumer Trust: How Healthcare Organizations Can Build Confidence with AI

by Sanjeev Sawai, Chief Product and Technology Officer, mPulse Mobile 04/27/2023 Leave a Comment

Consumer Trust: How Healthcare Organizations Can Build Confidence with AI

Trust is a vital component of healthcare. It impacts whether someone shows up for a doctor’s appointment, follows their treatment plan, or plays an active role in their health. But building trust doesn’t just happen at the front counter, inside the doctor's office, or in face-to-face interactions. Increasingly, consumers are interacting with their health plans through online and mobile touchpoints — and these virtual experiences are no less crucial to building trust than in-person
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Komodo Health Launches MapEnhance; Changing the Paradigm for Health Data Utilization

by Jasmine Pennic 04/27/2023 Leave a Comment

Komodo Health

What You Should Know: Komodo Health unveils MapEnhance, a network of speciality data partners that seamlessly connects new datasets — including genomic, lab, cost and clinical insights — to Komodo's Healthcare Map, to drive faster and timelier insights across healthcare and Life Sciences.With MapEnhance, Komodo is bringing the industry a more seamless way to leverage clinical intelligence and customize data inputs from a variety of real-world data sources,
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Philips & DoD Ink $10M Deal for AI-Wearable Disease Detection

by Fred Pennic 04/26/2023 Leave a Comment

Philips & DoD Ink $10M Deal for AI-Wearable Disease Detection

What You Should Know: The Department of Defense and Philips announced a $10M ​award​ to ​expand the readiness of our service members with the Rapid Assessment of Threat Exposure (RATE) AI wellness tool.The first group in this new cohort are the​Air Force First Sergeants, who are responsible for overall squadron health and wellness.RATE is an AI algorithm, trained on clinical data from hospital-acquired infections to work with any off-the-shelf wearable to detect possible infection, acting
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PathAI and ConcertAI Partner to Create Histopathology & Clinical RWD Solutions

by Strategic Partnerships 04/25/2023 Leave a Comment

PathAI Lands $60M to Accelerate AI-Powered Pathology Platform

What You Should Know: PathAI, a provider of AI-powered pathology, and ConcertAI, an AI software-as-a-service (SaaS) technology and real-world evidence (RWE) solutions for life sciences and healthcare, today announced a strategic partnership to launch a first-in-class quantitative histopathology and curated clinical real-world data (RWD) solution.The solution combines PathAI's PathExplore™ tumor microenvironment panel with ConcertAI's Patient360™ and RWD360™
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Know Labs/Mayo Clinic Study Proves Noninvasive GM Sensor Accuracy

by Fred Pennic 04/25/2023 Leave a Comment

Know Labs/Mayo Clinic Study Proves Noninvasive GM Sensor Accuracy

What You Should Know: - Know Labs, Inc., an emerging developer of non-invasive medical diagnostic technology, today announced the results of a proof-of-principle study titled, “Detecting Unique Analyte-Specific Radio Frequency Spectral Responses in Liquid Solutions – Implications for Non-Invasive Physiologic Monitoring,” conducted in collaboration with Mayo Clinic.  - The study demonstrates the accuracy of Know Labs’
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Chiefy Raises $4.2M to Build a Culture of Trust in Surgery

by Fred Pennic 04/24/2023 Leave a Comment

Chiefy Raises $4.2M to Build a Culture of Trust in Surgery

What You Should Know: - Chiefy, a NYC-based cloud platform that helps surgical teams seamlessly embed quality and communication best practices, today announced it has raised $4.2M in seed funding led by LionBird, with participation from Nina Capital and Emerge Ventures. - The company plans to use the seed funding to accelerate and expand product development and customer acquisition. Get Surgical Teams Aligned Globally, over 300 million surgeries are performed each year, and
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