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Digital Health | News, Analysis, Insights - HIT Consultant

Rad AI Nabs $25M to Automate Radiology Impressions, Save Time, Reduce Burnout, Improve Patient Care

by Jasmine Pennic 11/11/2021 Leave a Comment

Rad AI Raises $4M to Automate Repetitive Tasks for Radiologists Through Machine Learning

What You Should Know: - Rad AI, a Berkely, CA-based radiologist-led AI company, today announced $25M in Series A funding led by ARTIS Ventures with participation by several existing investors, including OCV Partners, Kickstart Fund, and Gradient Ventures (Google's AI-focused fund). - Rad AI Omni automatically generates a customized impression from the findings and clinical indication dictated by the radiologist, using the most advanced neural networks. It learns each
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Notable Labs Launches by Acquiring Rights to Volasertib – Will Use Data, AI to Fast-Track Cancer Treatment

by Fred Pennic 11/11/2021 Leave a Comment

What You Should Know: - Coming out of stealth, Notable Labs, a pioneer and developer of predictive precision medicines, is acquiring worldwide development and commercial rights to volasertib, a PLK-1 inhibitor in acute myeloid leukemia (AML) from Oncoheroes. - Notable will leverage its high-fidelity Predictive Precision Medicines Platform to identify and select volasertib-responsive patients prior to their treatment and fast-track volasertib’s clinical development
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Cue Health Launches DTC Virtual Health Platform Featuring COVID-19 Self Test

by Fred Pennic 11/11/2021 Leave a Comment

Cue Health Launches DTC Virtual Health Platform Featuring COVID-19 Self-Test

What You Should Know: - Cue Health (Nasdaq: HLTH), a healthcare technology company, launches its direct-to-consumer (DTC) virtual health platform, making its first-of-its-kind molecular COVID-19 test available to people across the United States. Cue helps keep NBA players safe both on and off the court, supports the well-being of Google’s employees wherever they are, and keeps front-line workers well informed at the Mayo Clinic. - Beyond COVID-19 testing needs, Cue’s virtual platform
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4 Hurdles On The Road to Hybrid Healthcare – Digital Transformation

by Larry English, President & cofounder of Centric Consulting 11/11/2021 Leave a Comment

4 Hurdles On The Road to Hybrid Healthcare - Digital Transformation

COVID-19 forced healthcare organizations to make a huge leap forward in their digital transformation roadmaps. Although many companies had plans on the books to advance telemedicine, the crisis revealed that virtual care is not only possible but in many cases is also preferred by patients. Virtual care also offers an opportunity to enhance the patient experience, improve population health, reduce costs and improve the work-life of healthcare providers -- the quadruple aim of
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Heartbeat Health, Withings Partner on New FDA Cleared ECG Smartwatch

by Fred Pennic 11/10/2021 Leave a Comment

Heartbeat Health, Withings Partner on New FDA Cleared ECG Smartwatch

What You Should Know: - Heartbeat Health, a healthcare technology company working to deliver effective, efficient, and engaging heart care, announced that it has partnered with Withings, as they launch their ECG-enabled hybrid ScanWatch in the U.S. on November 9.  - The Withings and Heartbeat integration is a game-changing development in the cardiovascular space - as Atrial Fibrillation, a form of irregular heart rhythm, is significantly underdiagnosed and, in some cases, can be an
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Reshaping Imaging: 4 Areas Enhancing Provider Workflows & Patient Care

by Paul Shumway, co-founder at Novarad 11/10/2021 Leave a Comment

Reshaping the Imaging Industry: Innovative Technologies and Looming Crossroads

Ever since Wilhelm Roentgen created the first X-ray image in 1895, few technologies have had more influence on medicine than those related to clinical imaging. It’s pretty remarkable if we compare the MRI, CT, and X-ray technologies of even just 20 years ago with those of today. Rapid innovation is making imaging better and easier. Still, we’re only starting to scratch the surface of some amazing advances that promise to entirely reshape how doctors diagnose and treat patients.  As with
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Virgin Pulse Completes Acquisition of Welltok – Health M&A

by Fred Pennic 11/10/2021 Leave a Comment

Virgin Pulse to Acquire Welltok to Enhance Health Activation: 5 Things to Know

What You Should Know: - Virgin Pulse, a global provider of tech-enabled wellbeing solutions, today announced it has completed acquisition of  Denver-based consumer activation company, Welltok, a leader in data analytics-based targeting and multi-channel outreach solutions. - Welltok’s proprietary activation engine is focused on motivating consumers, employees, patients, and members to complete targeted actions like participating in a mental health program, refilling a medication,
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Color Raises $100M at $4.6B Valuation to Expand Accessible, Equitable Public Health Infrastructure

by Fred Pennic 11/09/2021 Leave a Comment

Color Raises $100M at $4.6B Valuation to Expand Accessible, Equitable Public Health Infrastructure

What You Should Know: - Color, a San Francisco, CA-based health technology company committed to advancing public health, announced a $100 million Series E financing round at a valuation of $4.6 billion led by Kindred Ventures and by certain funds and accounts advised by T. Rowe Price Associates, Inc. with participation by existing investors General Catalyst, Viking Global Investors, and Emerson Collective. - Color makes population-scale healthcare programs accessible, convenient, and
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Sirona Medical Secures $40M for Cloud-Native Radiology Operating System

by Fred Pennic 11/09/2021 Leave a Comment

Sirona Medical Secures $40M for Cloud-Native Radiology Operating System

What You Should Know: - Sirona Medical, a San Francisco, CA-based cloud software company for radiologists taking on legacy technology, announced $40 Million in Series B funding led by GreatPoint Ventures and joined by Rose Park Advisors and Avidity Partners, with additional participation from previous investors including 8VC and Global Founders Capital. - Sirona Medical Inc. is addressing the needs of today’s radiology
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Caption Health, Ultromics Partner for AI-Powered Heart Disease Detection

by Fred Pennic 11/09/2021 Leave a Comment

Caption Health AI Awarded FDA Clearance for Point-of-Care Ejection Fraction Evaluation

What You Should Know: - Caption Health and Oxford University spin-out Ultromics have teamed up to empower a broader set of healthcare providers and put heart disease detection and management tools in more hands. This is a second strategic partnership that Caption Health secured in the last three months to enable earlier disease detection and management with AI-based guidance and diagnostics. - Together, the companies will offer the Caption AI™ software platform alongside Ultromics’ EchoGo®
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