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Digital Health | News, Analysis, Insights - HIT Consultant

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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UCLA Spinout PictorLabs Launches with $18.8M to Revolutionize Histopathology

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

UCLA Spinout PictorLabs Launches with $18.8M to Advance Transformative Virtual Staining

What You Should Know: - PictorLabs launches with more than $18M in financing to advance an AI-powered virtual staining platform to revolutionize histopathology, an area that has seen little change in over a century and is essential for clinical research and patient diagnoses. Investors include M Venture (Merck's corporate VC arm), SSC Soft Computer, and Koç Holding. - Spun out of UCLA, PictorLabs replaces complex chemical-based tissue staining processes (which are time-consuming to
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Virta Health Helps AutoZone Employees Reverse Type 2 Diabetes

by Jasmine Pennic 12/01/2022 Leave a Comment

AutoZone Partners With Virta Health to Help AutoZoners Reverse Type 2 Diabetes and Prediabetes

What You Should Know: - Type 2 diabetes reversal leader Virta Health revealed promising one-year outcomes from its partnership with AutoZone, Inc., a retailer and distributor of automotive replacement parts and accessories in the Americas. - Virta provides virtual, continuous health coaching, medical supervision and personalized nutrition to help patients reverse their metabolic disease, lose weight, + get off medications. At one year, AutoZoners experience long-term blood sugar control
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How AI-Based Drug Repurposing Could Help Prevent Repetitive Behavior Disorders

by Jinhan Kim, Co-founder and CEO, Standigm 11/30/2022 Leave a Comment

How AI-Based Drug Repurposing Could help Prevent Repetitive Behavior Disorders

Repetitive behavioral disorders such as obsessive-compulsive disorder (OCD), Tic Disorder and Tourette Syndrome have been challenging to treat because they involve considerable complexity. For example, the symptoms of one disorder can vary among individuals as does the coexistence or non-existence of other behavior disorders such as anxiety and depression. Further, the treatment of OCD, Tic Disorder and Tourette Syndrome varies depending on
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