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Digital Health | News, Analysis, Insights - HIT Consultant

Why The Healthcare Industry Needs Blockchain More Than Ever

by Pradeep Goel, CEO + Co-founder of Solve.Care 07/20/2023 Leave a Comment

Why The Healthcare Industry Needs Blockchain More Than Ever

Trust is a crucial part of any society, and it is of the utmost importance within the healthcare industry. Ensuring the trustworthiness of healthcare providers is essential for patient confidence as they must be able to trust them to offer accurate information, make informed decisions, and act in their best interest, all while prioritizing privacy and anonymity. Although these tenants remain integral, trust is often broken in more ways than one.  The widespread feeling of distrust has
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SiPhox Health Secures $27M for Lab-Grade Home Health Testing with Silicon Photonics

by Fred Pennic 07/19/2023 Leave a Comment

SiPhox Health Secures $27M for Lab-Grade Home Health Testing with Silicon Photonics

What You Should Know:  - Today, SiPhox Health, a Burlington, MA-based company building the next generation of lab-grade home health testing with silicon photonics raises $27M in funding, including a $10M Seed led by Khosla Ventures and Y Combinator, and a $17M Series A led by Intel Capital. - The SiPhox Home and Health testing systems offer innovative and efficient blood collection solutions for consumers, healthcare systems, pharmaceutical companies, and research teams focusing on
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Wearable Sensor Measures Sweat Lactate Levels During Exercise

by Jasmine Pennic 07/19/2023 Leave a Comment

Wearable Sensor Measures Sweat Lactate Levels During Exercise

What You Should Know:  - A team of Japanese researchers has developed a wearable device that can measure how hard one is exercising by analyzing their sweat.  - Their findings have been published in the journal ACS Sensors. The device continuously monitors the level of lactate in our sweat, which is a good indicator of exercise intensity. This technology can be valuable for athletes and fitness enthusiasts to manage their training and monitor their overall health. Leveraging
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The Future is Now: How AR is Changing the Healthcare Landscape

by Kelly Peng, CEO and CTO of Kura Technologies 07/19/2023 Leave a Comment

The Future is Now: How AR is Changing the Healthcare Landscape

Not long ago, augmented reality (AR) sounded like something straight out of a sci-fi novel. Today, the rapidly-evolving technology is beginning to change the way many industries function, and healthcare is one of the very promising areas.   A doctor’s office a decade in the future could look very different from a doctor’s office of the present; as AR and virtual reality tools develop, they will fundamentally elevate the quality and convenience of healthcare options for all segments of the
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Teladoc Health & Microsoft Expands Generative AI Integration

by Fred Pennic 07/18/2023 Leave a Comment

Teladoc Health Integrates Solo platform with Microsoft Teams for Health Systems

What You Should Know:  - Teladoc Health today announced an integration expansion with Microsoft, leveraging AI to help minimize administrative burden and identify potential hazards. - The integrated solutions will enhance the power of our Solo platform for hospitals and health systems to better support the clinical workforce. These innovations powered by Microsoft AI tools will minimize administrative burden by automating clinical documentation during virtual and in-patient care. -
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Peterson Center on Healthcare Launches $50M Institute to Evaluate Digital Health

by Fred Pennic 07/18/2023 Leave a Comment

Peterson Center on Healthcare Launches $50M Institute to Evaluate Digital Health

What You Should Know:  - The Peterson Center on Healthcare today launched the Peterson Health Technology Institute (PHTI),  an independent non-profit that provides rigorous, evidence-based assessments of digital health technologies.  - Launched with a commitment of $50M, PHTI will analyze clinical benefits and economic impact, as well as the technologies’ effects on health equity, privacy, and security. - PHTI will monitor the evolving pipeline of emerging digital health
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Ensuring Healthcare AI/ML Models Aren’t “Failed Science Fair Projects”

by Andrew Eye, CEO & Founder of ClosedLoop.ai 07/18/2023 Leave a Comment

Ensuring Healthcare AI/ML Models Aren’t “Failed Science Fair Projects”

Artificial Intelligence has become a board-level priority, dominating healthcare technology conversations. However, despite widespread interest in the technology, the healthcare industry is still lagging when it comes to deploying and maintaining successful AI and machine learning (ML) models.  According to a survey by the Society of Actuaries, 93% of healthcare organizations (HCOs) believe leveraging predictive analytics is key to the future of their business, but a staggering
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UK Startup OrganOx Secures $32.6M for Liver Transplantation Device

by Fred Pennic 07/17/2023 Leave a Comment

UK Startup OrganOx Secures $32.6M for Liver Transplantation Device

What You Should Know:  - OrganOx, a United Kingdom-based medical technology company committed to making every donated organ count with metra®, a fully automated normothermic machine perfusion (NMP) device for liver transplantation raises £25M ($32.6M USD) in a growth round led by Lauxera Capital Partners (“Lauxera”) with support from existing investors. - The proceeds from the funding will enable OrganOx to significantly expand its commercial footprint across strategically key areas
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FemTech: Herself Health Raises $26M To Power Primary Care for Women 65+

by Jasmine Pennic 07/17/2023 Leave a Comment

FemTech: Herself Health Raises $26M To Power Primary Care for Women 65+

What You Should Know:  - Herself Health, a New York City-based healthcare company providing comprehensive primary care to women 65+raises $26M in Series A fuding led by Michael Cline of Accretive serving as the lead investor. The company has raised $33 million to date. Juxtapose also participated in the Series A. - Founded in 2022, Herself Health provides value-based care to women 65+ with a focus on helping women feel seen and heard as they age in a way that the current healthcare
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Chatbot Care Managers? ACOs Should Be Cautious in AI Adoption

by Theresa Hush, CEO and Co-founder of Roji Health Intelligence 07/14/2023 Leave a Comment

Chatbot Care Managers? ACOs Should be Cautious in AI Adoption

Given Artificial Intelligence’s potential to improve patient care and reduce costs, it’s no surprise that AI applications are gaining momentum in health care. As your organization explores the benefits of AI in your journey towards Value-Based Care, however, you need to carefully assess the implications, for better and worse. Evaluating AI implications can be tricky. Healthcare AI varies widely, with clinical technology paving the way for advancements in diagnostics and treatment. But
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