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Digital Health | News, Analysis, Insights - HIT Consultant

HeartBeam Forms Strategic Alliance with Samsung

by Fred Pennic 05/30/2023 Leave a Comment

HeartBeam Forms Strategic Alliance with Samsung

What You Should Know:  HeartBeam, a cardiac technology company that has developed the first and only 3D-vector electrocardiogram (VECG) platform intended for patient use at home, announced it has entered into a Strategic Alliance Agreement (SAA) with Samsung, extending the existing SAA between LIVMOR and Samsung. Under the terms of the strategic alliance, HeartBeam and Samsung will identify and define opportunities for collaboration, tapping the HeartBeam team's expertise and patented
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Carrum Health Closes $45M Series B to Scale Oncology & Acute Surgical Care

by Fred Pennic 05/30/2023 Leave a Comment

Carrum Health Closes $45M Series B to Scale Oncology & Acute Surgical Care

What You Should Know: Value-based healthcare platform Carrum Health today announced an oversubscribed $45 million Series B financing led by OMERS Growth Equity.The funding will be used to scale the company’s oncology and surgical care service lines for self-insured employers through Carrum Health’s Centers of Excellence network.   Surgery and cancer care have never been better. Founded in 2014, Carrum Health is a value-based healthcare platform delivering higher quality care
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AI in Drug Discovery Market to Reach $4B by 2027

by Jasmine Pennic 05/30/2023 Leave a Comment

AI in Drug Discovery Market to Reach $4B by 2027

What You Should Know:  The AI in Drug Discovery market in terms of revenue was estimated to be worth $600M in 2022 and is poised to reach $4B by 2027, growing at a CAGR of 45.7% from 2022 to 2027 according to a new report published by MarketsandMarkets™. The report cites the growing need to curb the drug discovery cost & reduce the overall time taken in this process, the rising adoption of cloud-based applications and services, and the impending patent expiry of blockbuster
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Digital Health Executive Hires: Practice Better Appoints CEO, HHAeXchange, Intelerad, Tegria, Others

by Digital Health Executive Hires & Board Appointments 05/26/2023 Leave a Comment

Recent Digital Health Executive Hires & Board Appointments

Practice Better announced that Kim Walsh will be stepping in as CEO and Nathalie Garcia, Co-Founder of Practice Better, will step into a new role as Chief Strategy Officer where she will continue serving Practice Better’s customers, employees, partners, and investors while supporting and advising Kim in her new role. HHAeXchange has appointed Paul Joiner as Chief Executive Officer. The new CEO’s appointment also further advances HHAeXchange’s commitment to innovation in its product
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Roundups: 15 Recent Digital Health Strategic Partnerships

by Digital Health Strategic Partnerships 05/26/2023 Leave a Comment

Recent Digital Health Partnerships

Titan Medical Inc. has entered into a license agreement with Intuitive Surgical, Inc., a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery (“RAS”), for an upfront payment of $7.5M in respect of certain intellectual property (“IP”) of Titan. Under the Agreement, Titan has granted Intuitive a non-exclusive license to all of Titan’s IP, with the exception of the IP that is exclusively licensed to another party under a June 2020 license agreement.
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DiagnaMed Launches Generative AI Brain Health Solution

by New Digital Health Offerings 05/26/2023 Leave a Comment

DiagnaMed Launches Generative AI Brain Health Solution

What You Should Know: DiagnaMed, a generative AI healthcare solutions company launches PalGPT.ai, a generative AI brain health solution powered by OpenAI's ChatGPT for people seeking an AI companion to have meaningful private conversations, friendly advice and share inner thoughts.PalGPT.ai is the Company’s second commercial product from its Health GenAI division, which is focused on the development and commercialization of a suite of generative AI ready-made and customizable applications to
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Tomorrow Health Shutters Medical Supply Business

by Fred Pennic 05/25/2023 Leave a Comment

Tomorrow Health Shutters Medical Supply Business

What You Should Know: Home-based care provider Tomorrow Health announced its decision to shutter its first-party home medical equipment (HME) supply business to remove barriers and unlock new opportunities for its network of home-based care providers.Tomorrow Health’s decision to concentrate its focus on technology for supplier partners comes as the broader healthcare ecosystem shifts its strategic priorities and seeks greater support in enabling the delivery and reimbursement of quality
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Does Alzheimer’s Cure Matter if We Don’t Fix the Economic Infrastructure of the Disease?

by David Moss, CFO of INmune Bio 05/25/2023 Leave a Comment

: Does Alzheimer’s Cure Matter if We Don't Fix the Economic Infrastructure of the Disease?

Our brain is an extraordinary organ. This three-pound structure is the central processing unit of our universe that controls intelligence, sense, movement, behavior and much more. When healthy, we take it for granted, and when diseased we carry a substantial burden.  Astonishingly, the burden of Alzheimer’s disease (AD) and related dementias is growing rapidly with an aging population. The economic and health burden is expected to reach nearly $1 trillion by 2050. This is a massive
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AI Can Eliminate Surprise Bills, Improve Payment Integrity

by Michael Kim, Senior Vice President/CIO, MultiPlan 05/25/2023 Leave a Comment

How AI Can Eliminate Surprise Bills, Improve Payment Integrity

Anyone who receives a hospital, medical imaging, or outpatient surgery bill is usually surprised at the cost.  No matter the cost, how do they know the bill is correct? They don’t.  Incorrect medical bills have become so prevalent that organizations have started applying technologies like artificial intelligence (AI) and machine learning to reduce drastically high healthcare costs.  Consider what organizations as diverse as the Office of the Inspector General, Harvard
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M&A: Florence Acquires Virtual Care Solution Zipnosis

by Syed Hamza Sohail 05/24/2023 Leave a Comment

M&A: Florence Acquires Virtual Care Solution Zipnosis

What You Should Know: Florence,  an innovator in healthcare enablement software, announced today its acquisition of Zipnosis, an asynchronous-first virtual care solution that creates efficiency for clinicians while making quality care more accessible and affordable for patients. Through this acquisition, Florence will broaden its product offerings with synchronous and asynchronous virtual care and further their mission to create a consumer-centric interface that
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