The medical device industry is booming and shows no signs of slowing down. In 2022, the FDA (Federal Food and Drug Administration) will clear or approve over 1,000 medical devices. This is great news for patients who stand to benefit from the latest and greatest technology, but it can be tough for hospitals and doctors to keep up with all of the new devices on the market.
Here's a breakdown of some of the most anticipated otc medical devices that have already received FDA approval. Some
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Digital Health | News, Analysis, Insights - HIT Consultant
FundamentalVR Expands into Urology with Teleflex Partnership
What You Should Know:
- FundamentalVR, a provider of virtual reality (VR) integration for medical simulation is expanding its offering into urology through a partnership with Teleflex Interventional Urology.
- Bringing its immersive, haptic VR training solution to urologists, the partnership highlights how FundamentalVR’s advanced technology and high-fidelity graphics will accelerate the learning curve in the use of Teleflex’s UroLift® 2
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Japanese Startup Ubie Secures $26M for AI-Powered Symptom Checker
What You Should Know:
- Ubie, a Japan-based digital health startup raises $26.2 M in Series C funding to bring unprecedented medical experience by strengthening partnerships with pharmaceutical companies in Japan and the US.
- Led by a team of talented developers and medical doctors, Ubie uses a machine-learning algorithm and offers Ubie AI Symptom Checker, allowing patients to check on their symptoms and determine the next appropriate course of action for free.
AI-Powered Symptom
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Realizing the Dream of AI in Clinical Trials—How to Address Key Challenges
The clinical development process is incredibly time consuming and only yields a success rate of about 10%. One way to reduce the time, cost and success of the clinical development process is to introduce artificial intelligence (AI) into clinical trials and implement AI-driven process automation.
The dream of AI in clinical trial execution is for trial functions to run autonomously, like a self-driving car. A self-driving car knows how fast it is going, where it needs to go,
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Bicycle Health & Evernorth Partner to Expand Access to Virtual Opioid Use Disorder Treatment
What You Should Know:
- Bicycle Health, today announced that its high-quality, evidence-based virtual opioid use disorder (OUD) treatment is now part of Evernorth’s behavioral health network
- Furthermore, it will be made available to all Evernorth clients, as well as Cigna health plan customers who receive health coverage through their employer or marketplace exchange plans in 24 states. Evernorth is the health services business of Cigna Corporation.
Increasing Access to Care Using
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Challenges and Opportunities for At-Home COPD Management
There are an estimated 16 million Americans who suffer from Chronic Obstructive Pulmonary Disease (COPD). Patients with COPD are frequently prescribed respiratory medication and given at-home treatment strategies designed to improve general wellness and improve airflow. These strategies may include smoking cessation, air quality control, exercise, and stress management. Unfortunately, despite the use of medication and widespread adoption of lifestyle strategies, COPD continues to represent a
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Plume Raises $24M for Gender-Affirming Virtual Care to Support Trans & Gender Diverse Community
What You Should Know:
- Plume, a provider of virtual care services purposefully designed for the health care needs of the transgender community raises $24M in Series B funding led by led by Transformation Capital with participation from General Catalyst and Townhall Ventures.
- Plume plans to use the latest round of funding to fulfill its mission to transform health care for every trans life by creating access to high-quality, safe gender-affirming care.
Expanding
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Oak Street Health Opens Ninth Center in Arizona
What You Should Know:
- Oak Street Health, a network of value-based primary care centers for adults on Medicare and the only primary care provider to carry the AARP name, is now welcoming patients at the new Rolling Hills Square center at 7040 East Golf Links Road in Tucson.
- This is Oak Street Health’s ninth center in Arizona.
Oak Street Health Background
Oak Street Health delivers personalized, preventive primary care through a model that was created to meet the unique needs of
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Cedars-Sinai Accelerator Adds 10 New Digital Health Startups
What You Should Know:
- Cedars-Sinai Accelerator, today announced its eighth accelerator class of ten new digital health startups.
- From digital health mental health services to wearable devices to manage chronic asthma, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program.
Cedars-Sinai Accelerator Overview
During the three-month term, company representatives collaborate with
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Health-Tech C2Q:22 Preview: 5 Key Driving Factors to Watch
What You Should Know:
- David Larsen, healthcare IT and digital health analyst at BTIG published a note highlighting his preview for health-tech Q2 earnings.
- Given high inflation rates, costs for traveling nurses, and light volumes in 2Q:22, he is cautious on stocks that sell into the acute care market in the near term.
An Overview
According to the report, there are many macro headwinds that continue to affect the HCIT sector and the broader market, including inflationary pricing
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