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Digital Health | News, Analysis, Insights - HIT Consultant

The Seemingly Limitless Potential of Blockchain in Healthcare

by Dr. Rekha Bhandari, Chief Medical Officer at MedElite Group 01/25/2023 Leave a Comment

The Seemingly Limitless Potential of Blockchain in Healthcare

Interoperability remains the Holy Grail in healthcare, the goal to which all organizations aspire. The urgency to remove silos and improve communication between various systems and organizations is paramount, as it promises to lead to greater efficiency and improved outcomes while at the same time lowering costs – and not a moment too soon, given the fact that the world’s population is aging and there is a growing shortage of clinicians. More and more, blockchain – a secure, decentralized
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Amazon Launches RxPass, $5 a Month for Unlimited Prescription Meds

by Fred Pennic 01/24/2023 Leave a Comment

Amazon Launches RxPass, $5 a Month for Unlimited Prescription Medications

What You Should Know: - Amazon launches RxPass, a new Prime membership benefit from Amazon Pharmacy that offers patients affordable access to commonly prescribed generic medications that treat more than 80 common health conditions. - RxPass enables Prime members can receive all of their eligible medications for one flat, low monthly fee of $5, and have them delivered free of charge. There are no hidden fees and no markups to the $5 per month subscription. - RxPass is available starting
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Healthcare AI Transformation: 9 Executive Predictions to Watch in 2023

by Jasmine Pennic 01/24/2023 Leave a Comment

AI Impact in Healthcare: 9 Executive Predictions to Watch in 2023

Piotr Orzechowski, Co-Founder and CEO of Infermedica Innovation areas to watch: One of the exciting areas of applied machine learning recently is so-called Generative Tech. Some say it’s the biggest change to the Internet since crypto was invented. Generative Tech is developing at an unprecedented pace and many of us already had a chance to enjoy images created by OpenAI’s DALLE-E or content generated by GPT-3 language model. However real-world applications of generative tech in health are
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M&A: ReviveHealth Acquires Telehealth Company SwiftMD

by Fred Pennic 01/24/2023 Leave a Comment

M&A: ReviveHealth Acquires Telehealth Company SwiftMD

What You Should Know: ReviveHealth, a whole health and integrated care company, has acquired SwiftMD, a virtual care services company with a strong physician network.  - The acquisition was facilitated by Eir Partners, a Miami based private equity firm that invests in high growth healthcare companies. Eir Partners took a majority interest in ReviveHealth as a part of the transaction. SwiftMD Background SwiftMD is a digital virtual health company with the highest utilization rate
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Is AI-Assisted Lung Cancer Diagnosis Right For Your Hospital?

by Ryan Hennen, VP of US Sales at Optellum 01/24/2023 Leave a Comment

Is AI-assisted lung cancer diagnosis right for your hospital?

Lung cancer is the leading cause of cancer deaths worldwide, with approximately 1.8 million people dying from this disease each year. Most patients are diagnosed after symptoms have appeared and the disease has progressed to an advanced stage (Stage III or IV), which explains the current worldwide five-year survival rate of just 20 percent. In contrast, the survival rate for small lung tumors that are treated at Stage 1A is as high as 90 percent. This significant difference highlights a critical
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AI Mental Health Chatbot Predicts Disorders with 93% Accuracy

by Syed Hamza Sohail 01/23/2023 Leave a Comment

AI Mental Health Chatbot Diagnoses Disorders with 93% Accuracy

What You Should Know: - London-headquartered digital health startup, Limbic, has announced that its psychological assessment tool, Limbic Access, has achieved Class IIa UKCA medical device certification – making it the first and only AI mental health chatbot in the world to earn this status for its clinical effectiveness, safety and risk management. - The certification confirms that its mental health e-triage chatbot, which is able to predict mental health disorders with an accuracy rate
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8 Executive Key Takeaways from JP Morgan Healthcare Conference

by Fred Pennic 01/20/2023 Leave a Comment

8 Executive Key Takeaways from JP Morgan Healthcare Conference

Mike Serbinis, CEO of League JPMorgan was buzzing this year. Part of that is post-Covid return to conference excitement. Part of that is the fact that healthcare has never been more important. While the economy was challenged in 2022, investors are ready to do business in healthcare. The stakes are getting higher and the opportunity in front of us is massive. Pete Anevski, CEO of Progyny People who are currently struggling with infertility, and those who are looking to start or expand
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Top 10 Health Technology Hazards in 2023 to Watch

by Fred Pennic 01/20/2023 Leave a Comment

Top 10 Health Technology Hazards for 2023

What You Should Know: - ECRI, the nation's largest non-profit patient safety organization, names communications gaps with recalls of home-use medical devices as the nation’s most pressing health technology safety issue for 2023. - ECRI’s Top 10 Health Technology Hazards for 2023 list identifies the potential sources of danger that will warrant the greatest attention for the coming year and offers practical recommendations for reducing
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39 Organizations Sign Global Heath Equity Pledge to Advance Health Equity Globally

by Fred Pennic 01/19/2023 Leave a Comment

39 Organizations Sign Global Heath Equity Pledge to Advance Health Equity Globally

What You Should Know: - Today, World Economic Forum announced that 39 organizations have signed the Global Health Equity Network Zero Health Gaps Pledge. - The pledge includes 10 key commitments all signatories have made to embed health equity principles throughout their operations, workforce and guiding philosophies. It marks the beginning of an historic journey to making health equity an integral part of business strategies globally and an important step towards a world without health
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SetPoint Medical Raises $80M to Advance Platform for Autoimmune Diseases

by Jasmine Pennic 01/19/2023 Leave a Comment

SetPoint Medical Raises $80M to Advance Platform for Autoimmune Diseases

What You Should Know: - Today, SetPoint Medical announced $80M in Series C equity and $65M led by new investors, Norwest Venture Partners and Viking Global Investors, with debt financing provided by Runway Growth Capital. - The company is developing its novel platform for the treatment of chronic, inflammation-mediated autoimmune diseases and is initially focused on a potentially less immunosuppressive option for the treatment of rheumatoid arthritis (RA). More than 1.5 million people in
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CliniComp SVP Talks New Era EHR: How AI-Driven, Interoperable Platforms Are Replacing Legacy Health IT Systems

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Cleveland Clinic and Khosla Ventures Form Strategic Alliance to Accelerate Healthcare Innovation

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Northwell Health to Deploy Abridge’s Ambient AI Across 28 Hospitals

Omada Health Launches "Nutritional Intelligence" with AI Agent OmadaSpark

Omada Health Launches AI-Powered Meal Map to Transform Nutrition for Cardiometabolic Patients

From Overwhelmed to Optimized: How AI Agents Address Staffing Challenges and Burnout in Healthcare

From Overwhelmed to Optimized: How AI Agents Address Staffing Challenges and Burnout in Healthcare

Qualtrics Acquires Press Ganey Forsta for $6.75B to Create the Most Comprehensive AI Experience Platform

Qualtrics Acquires Press Ganey Forsta for $6.75B to Create the Most Comprehensive AI Experience Platform

Pfizer and Trump Administration Announce Landmark Agreement to Lower Drug Costs

Pfizer and Trump Administration Announce Landmark Agreement to Lower Drug Costs

KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

KLAS Report: Epic’s Native Ambient Speech Tool Reshapes Customer AI Strategies

Epic Unveils MyChart Central and New APIs to Advance Interoperability at Open@Epic

Epic Outlines Roadmap for Next-Generation Data Sharing at Open@Epic

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