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Digital Health | News, Analysis, Insights - HIT Consultant

knownwell Launches Pediatric Metabolic Health Offering as Childhood Obesity Rates Continue to Rise

by Syed Hamza Sohail 12/21/2023 Leave a Comment

knownwell Launches Pediatric Metabolic Health Offering as Childhood Obesity Rates Continue to Rise

What You Should Know: knownwell, a fully integrated virtual and in-person weight-inclusive healthcare company, today announced the launch of knownwell teens, an early intervention clinical offering designed to support the 14 million children and teens living with obesity in the United States.Created by knownwell’s renowned metabolic health experts, this new model aims to empower patients on their wellness journey through the company's clinically-rigorous care model. Redoubling the
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Why We Cannot Wait Any Longer: The Urgent Case for AI in Healthcare

by Charles Aunger, Managing Director, Technology | Health2047 12/21/2023 Leave a Comment

The Urgent Case for AI in Healthcare

In Handel Jones' literary alarm, "When AI Rules the World," we are drawn to envision an age where AI doesn’t merely complement but dominates every strand of our societal fabric. One domain in dire need of this revolutionary touch is healthcare — a sector where the United States, alarmingly, trails behind in the global AI adoption race. When nearly one-fifth of our GDP feeds a system that sees Americans facing graver health outcomes than other high-income nations, it’s clear: our approach needs
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VA Expands Access to Virtual Reality Pain Therapy for Veterans with AppliedVR Partnership

by Jasmine Pennic 12/20/2023 Leave a Comment

VA Expands Access to Virtual Reality Pain Therapy for Veterans with AppliedVR Partnership

What You Should Know: - The U.S. Department of Veterans Affairs (VA) is taking a major step forward in pain management by expanding its contract with AppliedVR, a provider of immersive therapeutics (ITx) using virtual reality (VR). - This contract expansion will significantly increase access to RelieVRx®, the first and only FDA-authorized in-home VR treatment for chronic lower back pain (CLBP).\ Continue Use of Virtual Reality for Treating Chronic Low Back Pain Chronic pain affects
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Absci, PrecisionLife Partner to Develop AI-Enabled Drug Pipeline

by Jasmine Pennic 12/20/2023 Leave a Comment

Absci, PrecisionLife Partner to Develop AI-Enabled Drug Pipeline

What You Should Know: - Absci, a generative AI drug creation company, and PrecisionLife, a pioneer in computational biology for complex chronic diseases, have announced a powerful partnership to develop a joint portfolio of potential therapeutics. - This collaboration aims to leverage the strengths of both companies to address unmet medical needs and accelerate drug development. Combining Expertise for Faster, Precision-Driven Drug Discovery Key aspects of the partnership
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RPA Adoption: 74% of Hospitals Automate Revenue Cycle Tasks

by Jasmine Pennic 12/20/2023 Leave a Comment

What You Should Know: The healthcare revenue cycle is getting a major makeover, driven by a surge in automation and artificial intelligence (AI). A new survey by AKASA, a leading developer of AI-powered revenue cycle automation solutions, reveals that 74% of healthcare organizations are already automating some part of their revenue cycle operations, and 80% of those not currently using it plan to do so by the end of 2025. The Rise of the Robots - Automation is no longer a luxury, but a
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Butterfly, Mendaera Partner to Transform Interventional Care with AI-Powered Robots

by Fred Pennic 12/19/2023 Leave a Comment

Butterfly Introduces Two Ultrasound Education Offerings

What You Should Know: - Butterfly Network (BFLY), a provider of portable ultrasound technology, and Mendaera, a Silicon Valley robotics innovator, are teaming up to bring an AI-powered robotic system to market. - Powered by Butterfly™ solution, the collaboration promises to transform interventional procedures by combining Butterfly's cutting-edge Ultrasound-on-Chip™ technology with Mendaera's precision robotics. Elevating Interventional Medicine The collaboration aims to address
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CoachCare Acquires Verustat to Expand Remote Patient Monitoring Reach

by Fred Pennic 12/19/2023 Leave a Comment

CoachCare Acquires Verustat to Expand Remote Patient Monitoring Reach

What You Should Know: - CoachCare, a leading remote patient monitoring (RPM) and virtual health company, has made its fourth acquisition in 12 months, snapping up Nashville-based Verustat for an undisclosed amount. - This strategic move further strengthens CoachCare's position in the rapidly growing RPM market, projected to reach $175.2 billion by 2027. Strengthening Focus on Chronic Conditions Founded in 2020, Verustat brings valuable expertise in primary care and cardiology, areas
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Biorithm Secures $3.5M to Revolutionize Connected Maternity Care

by Jasmine Pennic 12/18/2023 Leave a Comment

Biorithm Secures $3.5M to Revolutionize Connected Maternity Care

What You Should Know: - Biorithm, a global women's health medtech company, has secured $3.5M in Series A funding to fuel its mission of improving maternal health outcomes and reducing preventable pregnancy complications. - This investment, co-led by Adaptive Capital Partners and SEEDS Capital, will support Biorithm's expansion in key markets like Southeast Asia and the United States, as well as the advancement of its flagship Femom technology. Combating Preventable
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XiFin Launches New Payor Rate Transparency Monitor to Empower Diagnostic Providers

by Fred Pennic 12/18/2023 Leave a Comment

XiFin Launches New Payor Rate Transparency Monitor to Empower Diagnostic Providers

What You Should Know: -XiFin, Inc., announced the launch of its new Payor Rate Transparency Monitor, the first-of-its-kind interactive visualization tool that compares contracted rates published by UnitedHealthcare, Aetna, and Cigna. The new AI monitor tool dives deep beyond mere averages, drilling down into specific billing codes and modifiers established by the Centers for Medicare & Medicaid Services (CMS). This granular data empowers providers to refine their managed care, market
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Michigan Expands Access to Philips Avent Pregnancy+ App for Medicaid Mothers

by Jasmine Pennic 12/18/2023 Leave a Comment

Michigan Expands Access to Philips Avent Pregnancy+ App for Medicaid Mothers

What You Should Know: - Michigan is taking a major step forward in improving maternal and infant health by expanding access to the Philips Avent Pregnancy+ mobile app for Medicaid-eligible families. - The public-private partnership between the Michigan Department of Health and Human Services (MDHHS) and Royal Philips addresses the U.S. maternal mortality crisis and creates a more equitable healthcare system. Connecting Families to Resources and Education The Pregnancy+ app provides
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