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Digital Health | News, Analysis, Insights - HIT Consultant

Intel Labs & Penn Medicine Uses Privacy-Preserving AI to Identify Brain Tumors

by Syed Hamza Sohail 12/05/2022 Leave a Comment

Intel Labs & Penn Medicine Uses Privacy-Preserving AI to Identify Brain Tumors

What You Should Know: - Intel Labs and the Perelman School of Medicine at the University of Pennsylvania (Penn Medicine) have completed a joint research study using federated learning – a distributed machine learning (ML) artificial intelligence (AI) approach – to help international healthcare and research institutions identify malignant brain tumors. - The largest medical federated learning study to date with an unprecedented global dataset examined from 71 institutions across six
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Digital Health VCs Cite ROI & Clinical Validation As Greatest Markers of Company’s Success

by Syed Hamza Sohail 12/05/2022 Leave a Comment

Digital Health VCs Cite ROI & Clinical Validation As Greatest Markers of Company’s Success

What You Should Know: - Investors in the healthcare technology space believe a measurable return on investment (ROI) and clinical validation of the technology's platform will be the greatest indicators of company success in 2023, according to a new survey of top digital health investors by GSR Ventures. - ROI was deemed "important" or "very important" to the success of digital health companies by more than 94% of investor respondents, and 79% for clinical evidence and trials. Top
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AI Improving the Patient Experience of Cancer Care

by Chris Cashwell, CEO and Founder of Azra AI 12/05/2022 Leave a Comment

AI Improving the Patient Experience of Cancer Care

For cancer patients and their loved ones, days, weeks, and months matter. In fact, anyone who has waited anxiously for test results or a treatment regimen to begin can attest that hours, or even minutes, will drag on with emotional heaviness. From a clinical standpoint as well, time to treatment significantly impacts outcomes. All suspected cancers should be ruled out or confirmed with a diagnosis so treatment can begin as soon as possible. Similarly, patients with incidental findings—masses or
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Why Preventive Healthcare Hinges on Diagnostics Innovation

by Michael Simpson, CEO of CliniSys 12/05/2022 Leave a Comment

Why Preventive Healthcare Hinges on Diagnostics Innovation

There is a real sense that we are on the cusp of a diagnostics revolution. This has been spurred on by the pandemic, which at once underscored the tremendous power of mass testing as it became the fundamental basis for decision-making, from our own personal health to national policy. It also revealed gaps in terms of needing to drastically scale up testing capacity and invest in new and innovative digital diagnostics tools. Innovation in diagnostics, however, is
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Elevance Health Launches AI-Driven Nutrition Tracker

by Fred Pennic 12/05/2022 Leave a Comment

Elevance Health Launches AI-Driven Nutrition Tracker

What You Should Know: - Elevance Health -- formerly Anthem, Inc. has announced the expansion of its Sydney Health application with the addition of a nutrition tracker function driven by artificial intelligence (AI). The new feature, called Nutrition Tracker, recognizes foods or an entire meal, providing virtual nutrition advice to improve affiliated health plan members’ overall health and well-being. - Using smartphone cameras and typing-free nutrition tracking, affiliated health plan
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PE Firms Rebrand Prison Healthcare Companies, But Care Issues Continue

by Syed Hamza Sohail 12/02/2022 Leave a Comment

PE Firms Rebrand Prison Healthcare Companies, But Care Issues Continue

What You Should Know: - A new report, “Private Equity Firms Rebrand Prison Healthcare Companies, But Care Issues Continue,” by the Private Equity Stakeholder Project (PESP) focuses on healthcare company Wellpath and the regulatory risks that the company continues to take in local jails and prisons.  - Wellpath is owned by private equity firm H.I.G. Capital and is among the largest healthcare companies serving U.S. prisons and jails. Wellpath has had a litany of staffing and access to
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HeartSciences & Rutgers Partner to Develop AI-based ECG Algorithms

by Jasmine Pennic 12/02/2022 Leave a Comment

HeartSciences & Rutgers Partner to Develop AI-based ECG Algorithms

What You Should Know: - Heart Test Laboratories, a medical technology company focused on saving lives by making an ECG a far more valuable screening tool through the use of Artificial Intelligence (AI), announced that it has entered into a multi-year collaboration agreement with Rutgers University (Rutgers). - HeartSciences and Rutgers will collaborate to develop AI-based ECG algorithms, which are expected to accelerate HeartSciences’ product development pipeline and further expand the
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How to Prevent A Healthcare Staffing Crisis

by Eric Ly, Co-Founder and CEO of KarmaCheck 12/02/2022 Leave a Comment

How to Prevent a Healthcare Staffing Crisis

The Covid-19 pandemic scrambled the business models and labor-market dynamics for many industries, but probably none as dramatically and directly as healthcare. Incredible, sustained demand coupled with regional disparities, political complications, and cultural challenges have left the healthcare industry on life support, especially regarding staffing. Healthcare workers are burned out and are quitting in huge numbers. Two-and-a-half years of relentless patient need, inadequate workforce,
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Driving Healthcare Operational Efficiency with IoT Sensing as a Service

by Guy Yehiav, President of SmartSense by Digi 12/02/2022 Leave a Comment

Driving Healthcare Operational Efficiency with IoT Sensing as a Service

Amid widespread staffing shortages across the healthcare sector, the need for IoT-enabled digital transformation in hospitals and patient care facilities is increasingly clear. For the first time since 2004, a lack of staffing has overtaken financial volatility as the No. 1 concern among healthcare CEOs in the American College of Healthcare Executives’ annual survey. Meanwhile, from canceled appointments to delayed surgeries, more than half of all U.S. patients report reductions in care quality
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Lumen Raises $62M for Handheld Device to Measure Metabolic Health

by Syed Hamza Sohail 12/01/2022 Leave a Comment

Lumen Raises $62M to Empower People to Optimize Metabolic Health

What You Should Know: - Lumen, the metabolic health company behind the first handheld device to measure your metabolism through the breath, today announced that it has raised $62M in a series B funding round led by Pitango Venture Capital. - Participating investors include Hanwha Group, Resolute Ventures, RiverPark Ventures, Unorthodox Ventures, Almeda Capital, and Disruptive VC. World’s Largest Platform For Measuring Metabolism To Expand Business Growth and Research Lumen helps
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