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Digital Health | News, Analysis, Insights - HIT Consultant

Samsung Launches Open Innovation Initiative with MIT Media Lab, Brigham & Women’s Hospital, Tulane University School of Medicine

by Fred Pennic 10/06/2023 Leave a Comment

What Should Know: - Samsung announced a new Open Innovation Initiative in partnership with leading universities and academic hospitals – with the ultimate goal of enhancing the digital health ecosystem and delivering new approaches to wellness. - Collaborating with the MIT (Massachusetts Institute of Technology) Media Lab, Brigham & Women’s Hospital, Tulane University School of Medicine and Samsung Medical Center, the new research program will explore enhancements to the digital health ecosystem and new approaches to wellness. Open Innovation Program Initiatives Specific program initiatives include: · Enhanced Sleep Quality: In collaboration with MIT Media Lab, Samsung will identify new digital profiles for monitoring and improving sleep. · Quantifying Resilience: Samsung and Brigham & Women’s Hospital will explore biometric data from Galaxy Watch to help clarify both resilience and frailty to build more effective, personalized pictures of individuals’ health. · Confronting Cardiovascular Disease: To better understand individuals’ daily health, Samsung will work with Tulane University School of Medicine and analyze findings from the Galaxy Watch’s BioActive sensor. · Multi-Domain Approaches: In close collaboration with the Samsung Medical Center, Samsung is researching multi-domain healthcare to develop an integrated analysis data platform.

What Should Know:  - Samsung announced a new Open Innovation Initiative in partnership with leading universities and academic hospitals – with the ultimate goal of enhancing the digital health ecosystem and delivering new approaches to wellness.   - Collaborating with the MIT (Massachusetts Institute of Technology) Media Lab, Brigham & Women’s Hospital, Tulane University School of Medicine and Samsung Medical Center, the new research program will explore enhancements to the
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Will Healthcare Let AI Fix The Slow-Motion Crisis of Physician Burnout?

by Deepthi Bathina, CEO of RhythmX AI 10/06/2023 Leave a Comment

Will Healthcare Let AI Fix The Slow-Motion Crisis of Physician Burnout?

When I ask primary care physicians about their biggest problems today, they share the excruciating pain they experience as the American healthcare system pushes them towards administrative work rather than letting them focus on true patient care and clinical excellence.  Some doctors described themselves as "square pegs in a round hole" for bridling under the system’s bureaucratic constraints. Others feel stuck in a "transactional world" of recordkeeping. They yearn to spend more time
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Atropos Health Launches Gen AI App with Direct Chat-to-Database for Health Systems

by Syed Hamza Sohail 10/05/2023 Leave a Comment

Atropos Health Launches Gen AI App with Direct Chat-to-Database for Health Systems

What You Should Know: Atropos Health, leader in evidence generation for healthcare, today announced the launch of the Geneva OS (Generative Evidence Acceleration Operating System) and the ChatRWD (Real World Data) application, the first Generative AI application incorporating direct Chat-to-Database capability, to help healthcare and life science leaders advance and accelerate evidence generation.The new offering will enable non technical users to generate publication grade Observational
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H1 Launches Gen AI Tool to Accelerate Clinical Trials

by Syed Hamza Sohail 10/05/2023 Leave a Comment

H1 Launches Gen AI Tool to Accelerate Clinical Trials

What You Should Know: H1, the leading source of truth for global Healthcare Professional, clinical, scientific, and research information, today announced the launch of GenosAI, a new generative AI tool seamlessly embedded into its clinical trial intelligence platform, Trial Landscape, to analyze and respond to all types of complex inquiries. Trial Landscape allows sponsors to identify new sites, centers of excellence, and investigators with diverse patients; evaluate site and PI patient
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Making the Case for AI in Patient Experience and Education

by Dr. Justin Schrager, Chief Medical Officer of Vital Software 10/05/2023 Leave a Comment

Making the Case for AI in Patient Experience and Education

As a physician, I’m captivated by artificial intelligence’s (AI) potential to revolutionize care, while simultaneously acknowledging the apprehensions that accompany such advancements — in particular the more topical large language models (LLMs) and generative AI. Ready or not, there’s no question that AI will impact our industry; in fact, the market is expected to grow from $14.6 billion in 2023 to a staggering $102.7 billion in just five years. An expanding array of use cases In my
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FemTech: Diana Health Secures $34M to Expand Maternity Care Model

by Jasmine Pennic 10/05/2023 Leave a Comment

FemTech: Diana Health Secures $34M to Expand Maternity Care Model

What You Should Know:  - Women's health startup Diana Health raises $34M in Series B funding round led by Norwest Venture Partners. - The company plans to use the funding to expand its collaborative maternity care model that is improving patient care outcomes and delivering clear ROI for hospitals and health systems who typically take a loss on their Labor & Delivery department.  Pregnancy, Gynecology, and Women’s Wellness The U.S. is facing a maternal health crisis.
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Medable & Pluto Health Partner to Increase Patient Access to Clinical Trials

by Fred Pennic 10/04/2023 Leave a Comment

Medable & Pluto Health Partner to Increase Patient Access to Clinical Trials

What You Should Know:  - Medable Inc., a technology provider for modern clinical trials forms an enterprise partnership with Pluto Health, a smart care coordination services company.  - The partnership brings together two best-in-class technology solutions in healthcare to streamline clinical trial execution, improve data quality in trials, and enhance the patient experience from study start and long after the trial is over.  Optimize Patient Experience and Improve Access
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7wireVentures Launches $217M Growth & Opportunity Fund to Support Later-Stage Digital Health Investments

by Fred Pennic 10/03/2023 Leave a Comment

7wireVentures Launches $217M Growth & Opportunity Fund

What You Should Know:  - 7wireVentures, one of the country’s leading digital health venture capital firms, today announced the successful completion of a $217 million Growth & Opportunity “GO” Fund, its largest to date.  - The new venture fund will support later-stage digital health investments in high-potential companies from existing portfolios as well as new opportunities. The closing of the $217M GO Fund brings the Firm’s assets under management (AUM) to over $500M. GO
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Q3 2023 Digital Health Funding Stalls at $2.5B

by Syed Hamza Sohail 10/03/2023 Leave a Comment

Q3 2023 Digital Health Funding Stalls at $2.5B

What You Should Know: The digital health sector has encountered substantial declines in funding and deal volume; however, quarterly trends are now stabilizing within a fresh investment cycle, with investors directing funds toward startups engaged in exploring innovative treatment pathways and addressing nonclinical workflow challenges.Despite witnessing notable bankruptcies among former IPO success stories in 2023, the overall public market performance of the entire digital health sector has
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Veradigm Invests $30M in Behavioral Health Co. Holmusk

by Fred Pennic 10/03/2023 Leave a Comment

Veradigm Invests $30M in Behavioral Health Co. Holmusk

What You Should Know:  - Veradigm Inc. (NASDAQ: MDRX), a  provider of healthcare data and technology solutions, announced it has made a $30M strategic investment in Holmusk, a global behavioral  health real-world evidence company. The strategic investment builds on the strengths of each company to fuel innovation in behavioral health and create the evidence needed to move the field forward.  - In this new phase of the collaboration, cohorts of millions of behavioral
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