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Digital Health | News, Analysis, Insights - HIT Consultant

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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KLAS Unveils 2023 Top 20 Emerging Solutions

by Fred Pennic 10/12/2023 Leave a Comment

KLAS Unveils 2023 Top 20 Emerging Solutions

What You Should Know:  KLAS Research presented the 2023 KLAS Top 20 Emerging Solutions awards at HLTH 2023, highlighting the top 20 emerging healthcare solutions with the greatest potential to disrupt and improve healthcare. Selected by healthcare leaders working with KLAS, the solutions were rated on how well they could advance the “Quadruple Aim of Healthcare” – improve outcomes, reduce the cost of care, improve the patient experience, and improve the clinician
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Vitalchat Integrates Inpatient Telehealth with Samsung Healthcare TVs

by Jasmine Pennic 10/12/2023 Leave a Comment

Vitalchat Integrates Inpatient Telehealth with Samsung Healthcare Displays

What You Should Know:  - Inpatient telehealth innovator Vitalchat announced today an integration partnership with Samsung healthcare TV displays.  - The Vitalchat app, which offers immediate access to the company’s patented telehealth solutionsis now integrated with Samsung’s healthcare displays to deliver a more informed, comfortable and personalized patient care ecosystem. Enable up to 100 rooms to be monitored simultaneously. Engineered for the unique needs of patients
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Capital Rx Closes $50M to Expand Pharmacy Benefits Administration Platform

by Fred Pennic 10/12/2023 Leave a Comment

Capital Rx Closes $50M to Expand Pharmacy Benefits Administration Platform

What You Should Know:  - Capital Rx, an NYC-based full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA) raised $50M with participation from more than 10 of the leading health systems in the nation, including Atlantic Health System, Banner Health, Hawai’i Pacific Health, Inova Health System, Lehigh Valley Health Network, Memorial Hermann Health System, Nebraska Medicine, Novant Health, Ochsner Health, and WellSpan Health, among others, as well as
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TikTok Partners with Cleveland Clinic for Accurate Mental Health Content

by Jasmine Pennic 10/12/2023 Leave a Comment

TikTok Partners with Cleveland Clinic for Accurate Mental Health Content

What You Should Know:  Cleveland Clinic announced a partnership with TikTok to help users find educational and accurate mental health content. As part of the paternship, TikTok users in the United States will begin to have greater access to information about mental health directly from the TikTok app.  How It Works When people search for terms linked to conditions or illnesses such as depression, anxiety, autism or trauma among others on TikTok, they will be directed to
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