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Digital Health | News, Analysis, Insights - HIT Consultant

Connected Devices Selection: Considerations for A Digital-First Approach to Data Collection

by Mark Mentzer, Senior Director, Business Development, Connected Devices and eCOA, IQVIA 08/15/2022 Leave a Comment

Connected Devices Selection: Considerations for A Digital-First Approach to Data Collection

In recent years, digital health technologies (DHTs) have significantly changed the way we collect data within clinical trials. This is partially due to the overarching industry shift toward patient-centricity, but in some cases, it is also due to the commercial availability of powerful technology solutions not previously feasible for use in medical devices. In the past, nearly all patient data have traditionally been acquired by purpose-built machines manufactured by relatively small-scale
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Avenda Health Receives FDA Exemption for AI-Enabled Prostate Cancer Therapy

by Jasmine Pennic 08/12/2022 Leave a Comment

Avenda Health Receives FDA Exemption for AI-Enabled Prostate Cancer Therapy

What You Should Know: - Avenda Health, an AI healthcare company creating the future of prostate cancer care, has received FDA Investigational Device Exemption (IDE) for its FocalPoint ablation system. The IDE will allow the technology, powered by iQuest, to be used in a randomized control trial to show superiority over the standard of care for the treatment of prostate cancer.  - FocalPoint is Avenda Health’s focal laser ablation system designed to treat localized prostate cancer
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Ellipsis Health & Ceras Health Integrate to Bring Human Voice as a Biomarker for Mental Health

by Syed Hamza Sohail 08/11/2022 Leave a Comment

Ellipsis Health Secures $26M to Power AI-Powered Voice Biomarker for Mental Health

What You Should Know: - Ellipsis Health and Ceras Health today announced a partnership that will integrate Ellipsis Health's breakthrough technology that uses the human voice as a biomarker for mental health and wellbeing into Ceras' clinical monitoring platform. - This integration will combine Ellipsis Health's AI and deep learning technology with Ceras Health's clinical monitoring and health data analytics platform, enabling real-time severity scores for anxiety and depression to improve
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FundamentalVR Raises $20M for VR Surgical Simulation Platform

by Syed Hamza Sohail 08/11/2022 Leave a Comment

FundamentalVR Raises $20M for VR Surgical Simulation Platform

What You Should Know: - FundamentalVR has raised an additional $20M to significantly accelerate medical skill-transfer and increase surgical proficiency through its world-leading medical simulation platform, Fundamental Surgery. - The funding was led by EQT Life Sciences investing from the LSP Health Economics Fund 2 and joined by prior investors Downing Ventures. The new investments follow a Series A round in October 2019 and bring the
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H1 Launches AI-Powered and Evidence-Based Interactions

by Syed Hamza Sohail 08/11/2022 Leave a Comment

H1 Launches AI-Powered and Evidence-Based Interactions

What You Should Know: - H1, launches an update to its flagship product, HCP Universe, the daily resource for global medical affairs and medical science liaison (MSL) teams. - New features include a mobile app, Next-gen Smart Search capabilities built on an expansive knowledge graph, out-of-the-box insights tailored to inform MSL and Headquarter decisioning, and AI-powered notifications to improve and accelerate quality HCP engagement.  Establishing AI-Driven Efficient Workflows H1 is
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Abridge Secures $12.5M to Power AI-Powered Medical Conversations

by Syed Hamza Sohail 08/11/2022 Leave a Comment

Abridge Secures $12.5M to Power AI-Powered Medical Conversations

What You Should Know: - Abridge, the leader in medical conversation artificial intelligence (AI), today announced an oversubscribed $12.5M Series A-1 led by Wittington Ventures. - The round also had participation from all existing investors including Union Square Ventures, Bessemer Venture Partners, Pillar Venture Capital, and UPMC Enterprises, and new investors including Turing Award winner Yoshua Bengio, and Whistler Capital. Automated Solutions to Combat Physician
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Teladoc Brings At-Home Diabetes Testing for Members

by Fred Pennic 08/10/2022 Leave a Comment

UCSF Launches SUGAR Clinical Trial Study to Compare Livongo’s Diabetes Management Program to Standard Diabetes Care

What You Should Know: - Teladoc Health recently added an at-home A1C testing program to its chronic care solution, making it easier for members to manage their diabetes while also bridging health equity gaps in chronic condition care. - Livongo by Teladoc Health members will have the option to receive at-home A1C tests provided by LetsGetChecked, a leading healthcare solutions company that enables providers to administer diagnostics and
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Femtech Startup Nanopath Raises $10M to Develop POC Diagnostics for Women’s Health

by Fred Pennic 08/10/2022 Leave a Comment

Femtech Startup Nanopath Raises $10M to Develop POC Diagnostics for Women's Health

What You Should Know: - Nanopath, a molecular diagnostics company enabling high-quality molecular testing in minutes raises $10M in Series A funding, co-led by co-led by Norwest Venture Partners and Medtech Convergence Fund, to develop a point-of-care diagnostics platform for women’s health screenings. - The company plans to use the latest round of funding to support development and commercialization of Nanopath's biosensing platform that aims to transform how women's pelvic and
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Intel Invests $20M in Biofourmis’ Virtual Care Offerings

by Syed Hamza Sohail 08/10/2022 Leave a Comment

Biofourmis AI Analytics Engine Receives FDA Clearance for Ambulatory Physiologic Monitoring

What You Should Know: - Biofourmis, a Boston-based global leader in virtual care and digital medicine, today announced that Intel Capital, the strategic investment arm of chipmaker Intel Corporation, has joined its Series D financing in an extension that brings the total funding raised in the round to $320M. - The initial Series D funding round was announced in April and was led by global growth equity firm General Atlantic with participation by CVS Health (NYSE:CVS), Trevor
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Cybercriminals Use Bots to Steal Active Pharmacy Accounts and Resell Prescriptions

by Syed Hamza Sohail 08/10/2022 Leave a Comment

Cybercriminals Use Bots to Steal Active Pharmacy Accounts and Resell Prescriptions

What You Should Know: - Cybercriminals are leveraging illegal bots to steal pharmacy accounts and resell prescriptions on a secondary market for in-demand substances, like Oxycodone, according to recent research from Kasada’s threat intelligence team. has recently shared research by its threat intelligence team about a new, illegal use of bots -. - Researchers have also identified an acceleration in this activity: over the past 60 days, the number of stolen pharmacy accounts available
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