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Digital Health | News, Analysis, Insights - HIT Consultant

OrbiMed Secures $4.3B to Invest in Healthcare Startups Globally

by Fred Pennic 10/24/2023 Leave a Comment

OrbiMed

What You Should Know: - OrbiMed, a global healthcare investment firm raises $4.3B in commitments across its four investment funds: OrbiMed Private Investments IX, OrbiMed Asia Partners V and OrbiMed Royalty & Credit Opportunities IV. - The $4.3B will be used to invest globally, from the seed stage for start-ups incubated by OrbiMed through growth capital opportunities. Investors in these new funds include a broad range of medical institutions, university endowments, foundations,
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AI Model Finds 55% of Commercially Insured Women Unlikely to Get a Mammogram

by Jasmine Pennic 10/24/2023 Leave a Comment

AI Model Finds 55% of Commercially Insured Women Unlikely to Get a Mammogram

What You Should Know: - Cedar Gate Technologies’ advanced AI analytics platform has identified that 55% of commercially insured women are unlikely to get a mammogram. Leveraging this proprietary AI, Cedar Gate evaluated nearly 2.4 million women in its national healthcare benchmark database. - The model surfaces a probability score for whether or not a woman is likely to get a mammogram based
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Prolucent Secures $4M for Healthcare Workforce Optimization

by Jasmine Pennic 10/24/2023 Leave a Comment

Prolucent Secures $4M for Healthcare Workforce Optimization

What You Should Know: - Dallas-based Prolucent, a healthcare workforce optimization company announced it has secured $4M in funding by A1 Health Ventures. Joe Greskoviak, former CEO of Press Ganey and Managing Director of A1 Health Ventures, has joined Prolucent’s Board of Directors. - The new capital will fuel Prolucent’s continued product innovation to help healthcare providers nationwide gain control of labor costs, build a better-balanced workforce, and meet the demands of a
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3 in 4 Patients Don’t Trust AI in Healthcare Setting

by Syed Hamza Sohail 10/24/2023 Leave a Comment

3 in 4 Patients Don’t Trust AI in Healthcare Setting

What You Should Know: Carta Healthcare®, a company whose mission is to improve patient care by harnessing the value of clinical data, today announced the results of a survey measuring American perception and trust of artificial intelligence (AI) in healthcare.Propeller Insights conducted an online survey of 1,027 U.S. consumers between August 18 and August 29, 2023. Evolving Public Perception of the Role of AI in Healthcare – Key Insights The survey finds that on average,
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WebMD’s Provider Growth Arm Stepping Up Data Privacy

by Jasmine Pennic 10/24/2023 Leave a Comment

WebMD's Provider Growth Arm Stepping Up Data Privacy

What You Should Know: - Today, WebMD Ignite, a full-service growth partner for organizations across the healthcare industry, announced a strategic partnership with Freshpaint, a healthcare privacy platform that allows healthcare providers to continue doing high-performance marketing while protecting patient privacy. - The partnership promotes compliance for hospitals, health systems, and health plans through a privacy-first approach to using Google Analytics, Google Ads, Facebook
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AI-Massage Powered by Robotics: Redefining Healthcare and Wellness

by Dennis Ledenkof, CEO of Robosculptor 10/24/2023 Leave a Comment

AI-Massage Powered by Robotics: Redefining Healthcare and Wellness

In an era where technological breakthroughs reshape traditional industries, the convergence of Artificial Intelligence (AI) and robotics delivers extraordinary transformations in healthcare and wellness. The emergence of AI-driven robotic massage devices is not only revolutionizing the quintessential relaxation experience but also poised to redefine the fundamental dynamics of healthcare practices.  In 2022, the global market for artificial intelligence in healthcare was around $15.1
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M&A: PicnicHealth Acquires Rare Disease Platform AllStripes

by Fred Pennic 10/23/2023 Leave a Comment

M&A: PicnicHealth Acquires Rare Disease Platform AllStripes

What You Should Know:  - Patient-centered health data company PicnicHealth today announced it has acquired AllStripes, a healthcare technology company dedicated to unlocking new treatments for people with rare diseases. Financial terms of the transaction are not disclosed. - Founded in 2017,  AllStripes has developed a technology platform that generates research-ready evidence to accelerate rare disease research and drug development, as well as a patient application that empowers
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Penn Medicine Taps Flatiron Health for Advanced Cancer Care

by Syed Hamza Sohail 10/23/2023 Leave a Comment

Penn Medicine Taps Flatiron Health for Advanced Cancer Care

What You Should Know: Flatiron Health today announced a new agreement to bring Flatiron Assist™ advanced cancer care insights to oncology care clinicians at Penn Medicine’s Abramson Cancer Center (ACC).The collaboration between Flatiron Health and Penn Medicine will focus on further enabling clinicians at ACC to determine and promote site-preferred pathways and open clinical trials at the point of care alongside the NCCN Clinical Practice Guidelines in Oncology (NCCN
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Cedars-Sinai Uses AI to Identify People With Abnormal Heart Rhythms

by Syed Hamza Sohail 10/23/2023 Leave a Comment

Cedars-Sinai Uses AI to Identify People With Abnormal Heart Rhythms

What You Should Know: Investigators from the Smidt Heart Institute at Cedars-Sinai found that an artificial intelligence (AI) algorithm can detect an abnormal heart rhythm in people not yet showing symptoms.The algorithm, which identified hidden signals in common medical diagnostic testing, may help doctors better prevent strokes and other cardiovascular complications in people with atrial fibrillation-the most common type of heart rhythm disorder. AI-Driven Algorithm to Detect
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DHA Awards Amwell & Leidos $180M Contract to Power Military Hybrid Care Program

by Fred Pennic 10/20/2023 Leave a Comment

DHA Awards Amwell & Leidos $180M Contract to Power Military Hybrid Care Program

What You Should Know:  - Amwell and Leidos have been awarded a “next-generation contract” by the U.S. Defense Health Agency (DHA) to deliver a hybrid care platform to power the DHA’s Digital First transformation. This initial 22-month contract is valued at up to $180M; the project will start at five initial sites followed by a phased enterprise-wide rollout.   - While this task order is for the first phase of the program, the DHA Digital First program will support the entire
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