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Digital Health | News, Analysis, Insights - HIT Consultant

Israeli AirForce Leverages AR/VR Therapy to Evaluate Pilots for Potential Neck Injuries

by Fred Pennic 10/26/2022 Leave a Comment

Israeli AirForce Leverages AR/VR Therapy to Evaluate Pilots for Potential Neck Injuries

What You Should Know: - AirForce has selected XRHealth, the augmented reality/virtual reality gateway to the healthcare metaverse to evaluate pilots for potential neck injuries. - The Air Medical Unit, one of the highest authorities dealing with airborne conditions, screens pilots before they enter the AirForce and regularly during their service, and has recently started to use the XRHealth AR/VR therapy medical device as a solution to evaluate and monitor neck
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CVS Health Taps ixlayer to Offer At Home Health Testing Kits for Consumers

by Syed Hamza Sohail 10/26/2022 Leave a Comment

CVS Health Taps ixlayer to Offer At Home Health Testing Kits for Consumers

What You Should Know: - ixlayer, a digital health company on a mission to make health testing more accessible by pairing at-home self-collection testing with digital experiences, announced it is now the platform for CVS Health branded at-home sample collection kits. - Easily accessible to consumers, the easy-to-use kits provide convenient, affordable and quality testing for Vitamin D, Lyme disease, sexually-transmitted infections, and thyroid function – and offer next-best care
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Arine, Gemini Health Partner to Optimize Medications While Lowering Prescription Drug Costs

by Jasmine Pennic 10/26/2022 Leave a Comment

Arine, Gemini Health Partner to Optimize Medications While Lowering Prescription Drug Costs

What You Should Know: - Arine - a next-generation medication intelligence company - and Gemini - a drug cost transparency platform - announced an integration that supports Blue Shield of California (Blue Shield) by combining each platform’s unique technology to deliver value-based care. - The collaboration incorporates cost transparency information into Arine’s medication intelligence platform to empower care teams to provide highly personalized, data-driven medication consultations for
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The Gains and Pains of Using AI in the Pharmaceutical Industry

by Michael Galarnyk, AI Evangelist at cnvrg.io 10/25/2022 Leave a Comment

The Gains and Pains of Using AI in the Pharmaceutical Industry

The costs for drug discovery and development are skyrocketing, but AI (artificial intelligence) is introducing new efficiencies to help find effective treatments faster. A study in 2020 concluded that the estimated median capitalized research and development cost per product was $985 million. Contributing factors to this included larger trial sizes, the need to assess health technology, the requirement to provide data on comparative drugs’ effectiveness, and most
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Elion Raises $3M to Expand Digital Health Marketplace

by Fred Pennic 10/25/2022 Leave a Comment

Elion Raises $3M to Expand Digital Health Marketplace

What You Should Know: - Elion, a San Francisco-based independent digital health technology marketplace company, today announced it has raised $3.3M in seed funding from leading digital health investors NEA, Max Ventures, 8VC, AlleyCorp, Charge Ventures and Floating Point, with additional participation from a broad set of healthcare founders and angels. - In addition to the round of funding, Elion has released its beta product to the public. The company plans to use the funding to
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ObvioHealth & Oracle Collaborate to Seamlessly Integrate Diverse Data Sets Into Decentralized Clinical Trials in APAC

by Jasmine Pennic 10/25/2022 Leave a Comment

ObvioHealth & Oracle Collaborate to Seamlessly Integrate Diverse Data Sets Into Decentralized Clinical Trials in APAC

What You Should Know: - Today, ObvioHealth and Oracle have announced a partnership to enable the rapid collection, integration and analysis of this complex data to get breakthrough therapies to market faster and cheaper within the APAC region. This partnership will integrate ObvioGo, ObvioHealth’s next generation decentralized clinical trial (DCT) platform and mobile app, and Oracle Clinical One Cloud Service, facilitating pharma-grade analytics and reporting that can
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Resilience Lab Joins Aetna In-Network for Mental Health

by Jasmine Pennic 10/25/2022 Leave a Comment

Resilience Lab Joins Aetna In-Network for Mental Health

What You Should Know: - Resilience Lab, a mental health provider enabling communities of clinicians to improve outcomes and access announced that it has joined Aetna as an in-network mental healthcare provider. - Resilience now has in-network partnerships with three of the nation’s largest health insurance carriers, including Aetnea, United Healthcare and Humana, allowing them to serve more than 50 million Americans across five northeast states. - This expansion is a key part of
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COTA Secures New Financing to Accelerate Cancer Research and Treatment Innovation

by Jasmine Pennic 10/25/2022 Leave a Comment

FDA Extends RCA With COTA to Explore COVID's Effect on Cancer

What You Should Know: - COTA, Inc., an oncology real-world data and analytics company, announced its latest financing by an investment fund managed by Deerfield Management and additional capital from existing investors. - The company will use this new funding to further expand its real-world data platform and services in order to drive more efficient and inclusive drug development in oncology. - Perella Weinberg Partners LP served as exclusive financial advisor and Goodwin Procter
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Teladoc Health Appoints Laizer Kornwasser as President, Enterprise Growth & Global Markets

by Jasmine Pennic 10/24/2022 Leave a Comment

Teladoc Health Appoints Laizer Kornwasser as President, Enterprise Growth & Global Markets

What You Should Know: - Teladoc Health announced that is has named Laizer Kornwasser as President, Enterprise Growth & Global Markets, effective October 24, 2022. As President, Laizer will be focused on further unlocking the revenue and growth potential of the company and optimizing performance across Teladoc’s four market channels: US Group Health, International, Hospitals and Health Systems, and BetterHelp. - Kornwasser joins Teladoc Health from CareCentrix, where he served
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When Advancing a Medical Device, Be A Partner First & Seller Second to Hospital Systems

by Rolland Carlson, CEO of Immunexpress 10/21/2022 Leave a Comment

US hospital systems validate the safety, clinical utility, and robustness of newly FDA-approved devices, 510(k) cleared, before adopting them into clinical practice. This work occurs alongside evaluating how to integrate the medical device into the hospital system’s diagnostic paradigms, including in relation to quality improvement programs. Companies can have a role but there are 415 US hospital systems (comprising ~5,000 hospitals), and each has a bespoke process and ever-changing set of
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