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Digital Health | News, Analysis, Insights - HIT Consultant

Withings Launches ScanWatch Nova: A Luxurious Health Scanner on Your Wrist

by Fred Pennic 12/05/2023 Leave a Comment

Withings Launches ScanWatch Nova: A Luxurious Health Scanner on Your Wrist

What You Should Know: - Withings, the pioneer of hybrid smartwatches, unveils its latest innovation: ScanWatch Nova. - This timepiece seamlessly blends cutting-edge health-tracking technology with exquisite diver-style aesthetics, making it the perfect companion for health-conscious individuals who appreciate luxury. A Powerful Health Scan on Your Wrist ScanWatch Nova boasts an array of health-focused features, including: On-demand medical-grade ECG: Monitor your heart
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40% of Physical Therapists Have A Debt Over $150k

by Syed Hamza Sohail 12/05/2023 Leave a Comment

40% of Physical Therapists Have A Debt Over $150k

What You Should Know: Almost 40% of physical therapists have an education debt of over $150,000, according to a new national survey, which highlights the need for industry reform. The survey, conducted by Luna, the leading provider of in-home outpatient physical therapy, sought to explore the financial situation of physical therapists and the status of their educational debt. Understanding the Financial Plight of Physical Therapists in the Context of their Educational Debt Of
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Cytovale Secures $84M for Transformative Sepsis Diagnostic Tool

by Syed Hamza Sohail 12/05/2023 Leave a Comment

Cytovale Secures $84M for Transformative Sepsis Diagnostic Tool

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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Absci and AstraZeneca Sign $247M Partnership for AI-Powered Drug Discovery to Fight Cancer

by Fred Pennic 12/04/2023 Leave a Comment

Absci and AstraZeneca Sign $247M Partnership for AI-Powered Drug Discovery to Fight Cancer

What You Should Know: - Absci Corporation (ABSI), a pioneer in using generative AI to discover antibodies, and AstraZeneca, a global biopharmaceutical leader, announced a collaboration today to develop an AI-designed antibody for cancer. - This partnership combines Absci's cutting-edge Integrated Drug Creation™ platform with AstraZeneca's oncology expertise, aiming to accelerate the discovery of a potential new cancer treatment. Absci's AI Engine Takes the Lead Absci will leverage
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Intuitive Ventures Closes $150M Fund to Fuel Revolution in Minimally Invasive Care

by Fred Pennic 12/04/2023 Leave a Comment

Intuitive Ventures Raises $150M to Fuel Revolution in Minimally Invasive Care

What You Should Know: - Intuitive Ventures, an early-stage venture capital fund dedicated to reimagining minimally invasive care, announced the close of its second fund at $150M. - The funding signifies their unwavering commitment to supporting visionary founders who are transforming healthcare through precision diagnostics, secure digital ecosystems, and improved access to coordinated care. Building on a Strong Foundation In 2020, Intuitive Ventures launched its inaugural fund of
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PerkinElmer Acquires Covaris to Create Global Life-Sciences and Diagnostics Platform

by Jasmine Pennic 12/04/2023 Leave a Comment

PerkinElmer Acquires Covaris to Create Global Life-Sciences and Diagnostics Platform

What You Should Know: - PerkinElmer, a leading global analytical services and solutions provider, announced its acquisition of Covaris, a developer of solutions for life science innovations. - This strategic move will fuel Covaris' growth and expand PerkinElmer's life sciences portfolio into the high-growth diagnostics market. Notably, both companies share majority ownership under New Mountain Capital, making the integration potentially smoother. While financial details remain undisclosed,
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How Healthcare Can Take A Consumer-First Cue From Small Business

by Oliver Kharraz, MD, Zocdoc founder & CEO 12/04/2023 Leave a Comment

How Healthcare Can Take A Consumer-First Cue From Small Business

“Bang Head Here.” This message was printed above a large black circle, push-pinned to a practice’s front desk the day Zocdoc’s user research team visited to better understand their patient engagement challenges. If this is not a representative sign of the state of America’s independent medical practices, I don’t know what is.  I can relate. Throughout nearly a decade of medical training, I spent tens of thousands of hours becoming an expert in things like peak airway
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Potrero Medical Files for Chapter 11 Bankruptcy, Aims to Reorganize and Refocus on Patient Care

by Fred Pennic 12/04/2023 Leave a Comment

Potrero Medical Files for Chapter 11 Bankruptcy, Aims to Reorganize and Refocus on Patient Care

What You Should Know: - Potrero Medical, Inc., a company developing innovative solutions for monitoring and improving kidney health, announced today it has filed for Chapter 11 bankruptcy. - The restructuring process is expected to be completed within 75 days, according to the company. Potrero believes this strategic move will strengthen its financial footing and enable it to continue its mission of elevating patient care through innovative technologies. Focusing on Patient-Centric
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Hippocratic AI Launches Early Access Partnership Program with Providers to Shape the Future of AI-Powered Patient Care

by Jasmine Pennic 12/04/2023 Leave a Comment

Hippocratic AI Launches Early Access Partnership Program with Providers to Shape the Future of AI-Powered Patient Care

What You Should Know: - Hippocratic AI, a company building the first safety-focused Large Language Model (LLM) for healthcare, announced the launch of its Early Access Partnership Program. - This program brings together leading health systems and digital health companies, including OhioHealth, Roper St. Francis Healthcare, Evernow, HarmonyCares, and Guidehealth, to collaborate on developing and validating Hippocratic AI's technology. A Shared Vision for Safer, More Accessible
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RSNA23: AI-Powered Brain Scans May Aid in ADHD Diagnosis, Research Reveals

by Fred Pennic 12/01/2023 Leave a Comment

RSNA23: AI-Powered Brain Scans May Aid in ADHD Diagnosis, Research Reveals

What You Should Know: - Using artificial intelligence (AI) to analyze specialized brain MRI scans of adolescents with and without attention-deficit/hyperactivity disorder (ADHD), researchers found significant differences in nine brain white matter tracts in individuals with ADHD. The results of the study will be presented today at the annual meeting of the Radiological Society of North America (RSNA). ADHD: A Common and Challenging Disorder ADHD is a common neurodevelopmental disorder
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