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Digital Health | News, Analysis, Insights - HIT Consultant

Know Labs/Mayo Clinic Study Proves Noninvasive GM Sensor Accuracy

by Fred Pennic 04/25/2023 Leave a Comment

Know Labs/Mayo Clinic Study Proves Noninvasive GM Sensor Accuracy

What You Should Know: - Know Labs, Inc., an emerging developer of non-invasive medical diagnostic technology, today announced the results of a proof-of-principle study titled, “Detecting Unique Analyte-Specific Radio Frequency Spectral Responses in Liquid Solutions – Implications for Non-Invasive Physiologic Monitoring,” conducted in collaboration with Mayo Clinic.  - The study demonstrates the accuracy of Know Labs’
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Chiefy Raises $4.2M to Build a Culture of Trust in Surgery

by Fred Pennic 04/24/2023 Leave a Comment

Chiefy Raises $4.2M to Build a Culture of Trust in Surgery

What You Should Know: - Chiefy, a NYC-based cloud platform that helps surgical teams seamlessly embed quality and communication best practices, today announced it has raised $4.2M in seed funding led by LionBird, with participation from Nina Capital and Emerge Ventures. - The company plans to use the seed funding to accelerate and expand product development and customer acquisition. Get Surgical Teams Aligned Globally, over 300 million surgeries are performed each year, and
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Bringing The Customer Voice to Life in Healthcare

by Leslie Pagel, Chief Evangelist at Authenticx 04/14/2023 Leave a Comment

Bringing The Customer Voice to Life in Healthcare

Voice is a powerful tool. The average person speaks about 7,000 words daily (although anyone who’s spent time around young children knows that estimate is probably low). Yet amid healthcare organizations building a more customer-centric approach to customer experience (CX), many have not included a key piece of the CX puzzle: analyzing the voice of the customer. The value of unstructured data Healthcare organizations use a variety of existing touchpoints to connect with their customers.
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Notable Leverages GPT to Automate Patient Front Office Experience

by Jasmine Pennic 04/13/2023 Leave a Comment

Notable Leverages GPT to Automate Patient Front Office Experience

What You Should Know: Notable, an intelligent automation company for healthcare, launches Patient AI, a solution leveraging large language models (LLMs) and GPT (the technology powering ChatGPT) to bring personalization at scale to healthcare.Using GPT to scan existing clinical documentation, this tech can detect missed diagnoses, identify lapsed insurance cards, incorrect addresses, eligible clinical trials, or costly care gaps in real-time across an entire patient population.  How
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OM1 Launches AI-Powered Digital Phenotypes Platform, Creating “Fingerprints” for Patients

by Fred Pennic 04/13/2023 Leave a Comment

OM1 Launches AI-Powered Digital Phenotypes Platform, Creating “Fingerprints” for Patients

What You Should Know: OM1, a real-world data, outcomes and technology company with a focus on chronic conditions, launches PhenOM™, its artificial intelligence-powered platform for personalized medicine. Calibrated using OM1’s longitudinal health history datasets, PhenOM uses AI to identify unique digital phenotypes associated with conditions and outcomes and compare patients’ records to them to highlight risks and opportunities. PhenOM powers personalized healthcare insights at scale
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Arcadia Raises $125M to Expand Healthcare Data Analytics Platform

by Digital Health Funding 04/13/2023 Leave a Comment

Arcadia Raises $125M to Expand Healthcare Data Analytics Platform

What You Should Know: Arcadia, a healthcare data analytics company raises $125M from Vista Credit Partners and a strategic investor and financing partner focused on the enterprise software, data and technology market.Arcadia helps providers and health plans deliver actionable insights to advance care and research, drive strategic growth, and ensure financial success.The investment will accelerate Arcadia’s platform innovation and go-to-market strategy to meet the growing demand from
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Accenture Invests in Digital Twin Solution Virtonomy

by Jasmine Pennic 04/12/2023 Leave a Comment

What You Should Know: - Today, Accenture Ventures announced it has made a strategic investment in Virtonomy, a provider of data-driven simulations that use existing patient data and digital twin technology to bring life-saving medical devices to market more quickly. - Virtonomy’s digital twin simulation solution enables medical device manufacturers to build model patient virtual environments for device testing at a reduced cost and with less regulatory complexity. The solution is based on an ever-expanding database of real clinical data that reflects factors such as anatomical variability, demographic diversity, and pathological conditions. Virtonomy plans to use the strategic investment to extend its capabilities to medical technology companies across the globe and power the future of medical device design. The strategic investment is part of Accenture Venture’s Project Spotlight, an engagement and investment program that targets emerging technology software companies that can help fill strategic innovation gaps for the Global 2000.

What You Should Know: - Today, Accenture Ventures announced it has made a strategic investment in Virtonomy, a provider of data-driven simulations that use existing patient data and digital twin technology to bring life-saving medical devices to market more quickly.  - Virtonomy’s digital twin simulation solution enables medical device manufacturers to build model patient virtual environments for device testing at a reduced cost and with less regulatory complexity.
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1upHealth Raises $40M for FHR Data Platform

by Fred Pennic 04/12/2023 Leave a Comment

1upHealth Raises $40M for FHR Data Platform

What You Should Know: 1upHealth, a modern data platform that’s cloud-based, API-enabled, and FHIR-native today announced the close of a $40M Series C investment led by Sixth Street Growth with participation from existing investors F-Prime Capital, Jackson Square Ventures, and Eniac Ventures. Founded in 2017, 1upHealth’s FHIR®-native platform designed for interoperability and modern computing is used by over 75 enterprise organizations including leading national and
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M&A: Vytalize Health Acquires IPA New York

by Health M&A 04/12/2023 Leave a Comment

Vytalize Health Closes $100M to Support Value-Based Care Transformation

What You Should Know: Today, Vytalize Health announced it has acquired Independent Physician Association (“IPA”) of New York, one of the nation's largest IPAs with more than 3,000 providers. Financial details of the acquisition were not disclosed.The deal scales Vytalize's successful value-based care model to new payer arrangements and specialty care across the healthcare spectrum.Based in Suffolk County, IPA NY is one of the largest multi-specialty
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Ocutrx Acquires Spectrum AMT to Advance Capabilities for Medical Devices

by Health M&A 04/12/2023 Leave a Comment

Ocutrx Acquires Spectrum AMT to Advance Capabilities for Medical Devices

What You Should Know: Ocutrx Technologies, a global technology company developing medical devices with augmented reality (AR), extended reality (XR) and artificial intelligence (AI), acquires Spectrum Advanced Manufacturing Technologies, Inc., a Colorado-based electronics manufacturing and assembly company.With this acquisition, the consolidated Oxutrx_Spectrum company now has seven (7) process lines, including ISO Optics Lab capabilities,
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