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Digital Health | News, Analysis, Insights - HIT Consultant

Enterprise Imaging: What is the Market Opportunity Beyond Radiology?

by Amy Thompson, Research Manager at Signify Research 10/17/2023 Leave a Comment

Enterprise Imaging: What is the Market Opportunity Beyond Radiology?

The concept of an enterprise imaging strategy was coined over a decade ago, however, it’s only in recent years that the expansion beyond “enterprise radiology” has truly begun. The total market for IT across those nine specialties included in Signify Research’s report reached $6.6 billion in 2022; however, only 20% of market revenue was associated with enterprise deals. When digging deeper into which specialties led the enterprise trend, radiology represented 71% of the total enterprise imaging
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FemTech: Memorial Hermann Taps Midi Health to Expand Access to Expert Midlife Care for Women

by Jasmine Pennic 10/17/2023 Leave a Comment

FemTech: Memorial Hermann Taps Midi Health to Expand Access to Expert Midlife Care for Women

What You Should Know:  - Memorial Hermann Health System is teaming up with Midi Health, a virtual care clinic focused exclusively on women navigating midlife hormonal transition for women in perimenopause and menopause. - Memorial Hermann will work with Midi to extend the care their providers can give to women. Midi's virtual clinic offers high-touch telehealth services while supporting patients’ continued connection to the expertise and care of their Memorial Hermann-affiliated
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HeartX Accelerator Announces 5 Startups for 2023 Program

by Fred Pennic 10/16/2023 Leave a Comment

HeartX Accelerator Announces 5 Startups for 2023 Program

What You Should Know: - HeartX, a digital health accelerator powered by HealthTech Arkansas and MedAxiom along with eleven leading cardiology practices in Arkansas and around the country — has selected the five healthcare companies that will participate in the 2023 accelerator program. - HeartX is a cardiovascular-focused healthcare accelerator that facilitates guaranteed hospital pilot projects and clinical trials for accomplished, early-stage companies bringing new cardiovascular
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Ozempic: From Diabetes Management to Potential Weight Loss Miracle

by George Kramb, CEO and co-founder of PatientPartner 10/16/2023 Leave a Comment

Ozempic: From Diabetes Management to Potential Weight Loss Miracle

You've probably heard about Ozempic, especially if you're one of the millions who regularly scroll through TikTok or browse other social media platforms. It's the drug that influencers are lauding as a revolutionary aid for weight loss, making it a hot topic of conversation.  While Ozempic was initially developed to manage Type 2 diabetes, its emerging potential for weight loss is captivating medical professionals and the public alike. How Ozempic Works: The Basics Ozempic is a
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GE HealthCare Inks $44M Contract with BARDA to Develop AI-Driven Ultrasound Tech

by Jasmine Pennic 10/13/2023 Leave a Comment

GE HealthCare Inks $44M Contract with BARDA to Develop AI-Driven Ultrasound Tech

What You Should Know: GE HealthCare announced a $44M contract with the Biomedical Advanced Research and Development Authority (BARDA) —part of the Administration for Strategic Preparedness and Response (ASPR) within the U.S. Department of Health and Human Services (HHS)—to develop and obtain regulatory clearance for next-generation ultrasound technology with AI applications. - The goal of the technology will support clinicians of all skill levels in
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FDA Forms Digital Health Advisory Committee

by Jasmine Pennic 10/13/2023 Leave a Comment

FDA Forms Digital Health Advisory Committee

What You Should Know: - The U.S. Food and Drug Administration (FDA) has formed a new Digital Health Advisory Committee to help the agency explore the complex, scientific and technical issues related to digital health technologies (DHTs), such as artificial intelligence/machine learning (AI/ML), augmented reality, virtual reality, digital therapeutics, wearables, remote patient monitoring and software. - The Digital Health Advisory Committee will advise the FDA on issues related to DHTs,
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M&A: OptimizeRx to Acquire Medicx Health for $95M

by Fred Pennic 10/13/2023 Leave a Comment

M&A: OptimizeRx to Acquire Medicx Health for $95M

What You Should Know: OptimizeRx, a provider of healthcare technology solutions announced it has signed an agreement to acquire Scottsdale, Arizona-based Healthy Offers, Inc., dba Medicx Health, a healthcare consumer-focused omnichannel marketing and analytics company.   - OptimizeRx will acquire Medicx for $95M, and certain members of Medicx’s management plan to invest approximately $10.5M of their proceeds into the Company’s common stock. The cash component of the acquisition is
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LG, Aceso Partner to Deliver Customizable Content to Digital Healthcare Displays

by Jasmine Pennic 10/13/2023 Leave a Comment

LG, Aceso Partner to Deliver Customizable Content to Digital Healthcare Displays

What You Should Know:  - LG Business Solutions USA announced a collaboration with healthcare technology innovator Aceso Interactive to deliver customizable, personalized content to digital healthcare displays.  - Aceso’s new Pane of Glass™ platform enables hospitals to use digital displays as blank canvases, allowing full control of the information displayed Customizable, Personalized Patient Experience Aceso’s patented platform consumes and presents data from various
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Prevounce Health Closes $7M to Scale Remote Care Management Solutions

by Fred Pennic 10/13/2023 Leave a Comment

Prevounce Health Closes $7M to Scale Remote Care Management Solutions

What You Should Know: - Prevounce Health, a provider of remote care management software, devices, and services closes $2.5M in new Series A funding led by Cloud Hill Partners and Michael Hammond, former co-founder of Hammond Hanlon Camp LLC and H2C Securities, with participation from additional returning investors. - The company has now raised $7M in total Series A funding and will use the Series A funding to advance its product and service offerings and scale its team to meet growing
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Embracing a Forward-Thinking Vision to Address the Senior Care Crisis

by Francis LeGasse, Jr., Owner & Managing Partner, Assured Senior Living & Katherine Wells, CEO, Serenity Connect 10/13/2023 Leave a Comment

Embracing a Forward-Thinking Vision to Address the Senior Care Crisis

A demographic shift is looming, and we aren’t as prepared as we think. Colorado has long been revered for its stunning landscapes and outdoor pursuits, earning a reputation as a state with a youthful and active population – but, we are aging. By 2050, Colorado’s number of older adults is expected to more than double to 1.7 million, second only to Alaska in the U.S. for the fastest-growing population of people over 65. Nationwide, the 85 and older population is projected to more than double
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