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Digital Health | News, Analysis, Insights - HIT Consultant

NVIDIA Launches UK’s Fastest AI Supercomputer for Healthcare Research

by Fred Pennic 07/07/2021 Leave a Comment

NVIDIA Launches UK’s Fastest AI Supercomputer to Advance Healthcare Research

What You Should Know: - NVIDIA launched the UK’s fastest supercomputer -- Cambridge-1, the world’s first collaborative, industry-wide system dedicated to accelerating healthcare and digital biology research using powerful combination of AI and simulation. - At the virtual inauguration, NVIDIA CEO and founder Jensen Huang discussed what NVIDIA’s $100 million investment will mean for the UK. He said the system will enable research breakthroughs at a scale and speed previously impossible with
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“The Doctor Will See You Now” and Other Things Patients Won’t Hear Post-COVID

by Arun K. Buduri, VP - Engineering/IT and CISO, Innovaccer 07/07/2021 Leave a Comment

“The Doctor Will See You Now” and Other Things Patients Won’t Hear Post-COVID

Following a year of social distancing and strict lockdowns, patients were forced to fundamentally change the way they interacted with their physicians. By April of last year, about half of patients’ primary care visits were conducted virtually. And thanks to the emergency relaxation of regulations from the Food and Drug Administration (FDA) to accommodate remote diagnostics, medical device companies spurred on by tech from software giants like Microsoft and Intel, came up with innovative
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6 Key Ethical Principles for The Use of AI for Health – WHO

by Fred Pennic 07/06/2021 Leave a Comment

6 Key Ethical Principles for The Use of AI for Health - WHO

- The World Health Organization (WHO) launched its first ever global report on: Ethics and governance of artificial intelligence for health.   - While new technologies that use artificial intelligence hold great promise to improve diagnosis, treatment, health research and drug development and to support governments carrying out public health functions, including surveillance and outbreak response, such technologies, according to the report, must put ethics and human rights at the
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4 Strategies for Health IT Leaders to Streamline Their Work & Serve Patients

by Monica Bolbjerg, MD, Chairman, Founder & CEO of Qure4u 07/02/2021 Leave a Comment

4 Strategies for Health IT Leaders to Streamline Their Work & Serve Patients

As a physician turned entrepreneur, I’ve learned many lessons in my journey from the patient bedside to the health IT boardroom. As a young physician practicing in my native Denmark, my eyes were opened to the administrative headaches and limited engagement that was a result of too much paperwork and not enough focus on the patient. Since launching one of the world’s first patient portals in 2001 and subsequently moving to the US and founding my current digital health company in 2015, I’ve
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Cortica Raises $60M to Expand Comprehensive Autism Care Model Nationwide

by Fred Pennic 07/01/2021 Leave a Comment

Cortica Raises $60M to Expand Comprehensive Autism Care Model Nationwide

What You Should Know: - Cortica, Inc. ("Cortica"), a San Diego, CA-based tech-enabled clinical services for autism and other neurodevelopmental conditions, announced it has raised $60 million in financing to further its mission to transform autism care. The funding was led by Longitude Capital with participation from new investors .406 Ventures and Adam Boehler, along with existing investors Questa Capital and Aperture Venture Partners. Silicon Valley Bank also participated by expanding
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Hims & Hers Rolls Out 1:1 Teletherapy Offering for $99

by Jasmine Pennic 07/01/2021 Leave a Comment

Hims & Hers Rolls Out 1:1 Teletherapy Offering

What You Should Know: - Hims & Hers, today announced the launch of individual, video-based teletherapy support at $99 per session. With mental health needs ballooning nationwide - and many not able to access care even with insurance or through their employer - Hims and Hers' offering provides a critical safety net for many -- beyond just its 391,000 current subscribers. The therapy sessions are based on a number of evidenced-based principles
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BioT Raises $6.5M to Transform Medical Devices Into Connected Solutions

by Jasmine Pennic 07/01/2021 Leave a Comment

BioT Raises $6.5M to Transform Medical Devices Into Connected Solutions

What You Should Know: -  BioT, a TEL AVIV, Israel-based provider of medical devices cloud connectivity and remote care, announced $6.5 million Seed Round financing led by Bridges Israel, together with North First Ventures, and XT Hi-Tech. - Connected Care is quickly becoming a major factor in the healthcare industry by eliminating the need for patients to return to a physician's office for check-ups and monitoring. BioT is a low-code, easy-to-integrate, cloud-based platform for
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Welltok Introduces New Consumer-Facing Marketplace

by Jasmine Pennic 07/01/2021 Leave a Comment

Welltok Introduces New Consumer-Facing Marketplace

What You Should Know: -    Welltok, a consumer activation company, introduced The Connect Store, a new consumer-facing marketplace that allows users to spend designated benefits dollars or pay directly for health and wellbeing programs and products that meet their immediate needs. - This supplemental benefit program features Welltok’s Connect Partners Ecosystem and helps Welltok clients like health plans and employers offer more extensive wellbeing without additional costs
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EchoNous Closes $60M for AI-Assisted Handheld Ultrasound Device

by Fred Pennic 06/30/2021 Leave a Comment

EchoNous Closes $60M for AI-Assisted Handheld Ultrasound Device

What You Should Know: - EchoNous, a Redmond, WA-based portable AI-guided ultrasound tools and platform, announced it has raised $60 million in funding from Kennedy Lewis Investment Management (“Kennedy Lewis”). - The investment from Kennedy Lewis combines senior secured debt and equity and builds on the support of KKR, which has been EchoNous’ principal investor since 2015. Kennedy Lewis' funding will help further the development of and grow adoption for the Kosmos platform, which is
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Ro Acquires At-Home Diagnostic Testing Company Kit – M&A

by Fred Pennic 06/30/2021 Leave a Comment

Ro Acquires At-Home Diagnostic Testing Company Kit – M&A

 What You Should Know: - Healthcare technology company, Ro today announced the acquisition of Kit, an at-home diagnostics company that offers self-administered diagnostic tests, including finger prick blood assays, blood pressure tests, weight measurement tools, and more—all shipped directly to their door. Financial details of the acquisition were not disclosed. - The acquisition of Kit will serve as a critical piece to Ro’s vertically integrated platform, which already offers
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