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Digital Health | News, Analysis, Insights - HIT Consultant

Blackrock Neurotech Acquires Spatial Computing Firm MindX

by Jasmine Pennic 04/20/2022 Leave a Comment

Blackrock Neurotech Acquires Spatial Computing Firm MindX

What You Should Know: Blackrock Neurotech, a provider of Brain Computer Interface (BCI) technology, has acquired the spatial computing software house, MindX. Financial details of the acquisition were not disclosed. - MindX’s spatial computing technology is used to recognize and interpret the movement of objects in physical space, and in combination with Blackrock’s BCI technology, will unlock additional levels of interaction between patients and their physical
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PreciseDx’s AI-Enabled Digital Pathology Proven to Detect Early-Stage Parkinson’s Disease

by Jasmine Pennic 04/20/2022 Leave a Comment

PreciseDx's AI-Enabled Digital Pathology Proven to Detect Early-Stage Parkinson's Disease

What You Should Know: - Mount Sinai spinout, PreciseDx, today announced that its AI-enabled digital pathology is the first proven to detect early-stage Parkinson’s disease, according to a recent research study. - The study, conducted in collaboration with Michael J. Fox Foundation, identified that PreciseDx’s technology can accurately diagnose Parkinson's disease in living patients prior to the severe onset of symptoms. Challenges Diagnosing Parkinson’s
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THREAD Acquires Clinical Trial Recruitment Solution CureClick

by Health M&A Activity 04/20/2022 Leave a Comment

THREAD Acquires Clinical Trial Recruitment Solution CureClick

What You Should Know: - THREAD, a technology and consulting service provider enabling electronic clinical outcome assessments and decentralized clinical trials has acquired CureClick, which offers the world’s first proprietary crowdsourcing platform designed to accelerate awareness and participation in clinical research. This acquisition follows THREAD’s recent acquisitions of Modus Outcomes and inVibe, positioning THREAD as the industry’s leading
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Free Market Health Secures $13.5M for Advance Specialty Pharmacy Ecosystem

by Fred Pennic 04/19/2022 Leave a Comment

What You Should Know: Free Market Health, a Pittsburgh-based healthcare technology company transforming the specialty pharmacy ecosystem with a care-driven marketplace platform, today announced its $13.5M in Series A financing led by Alta Partners and with participation from existing investors Highmark Ventures and 653 Investment Partners. - The capital will enable the company’s team of specialty pharmacy industry experts to scale beyond the hundreds of millions of dollars in specialty
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Analysis: The Role of Compact Systems in Today’s Ultrasound Market

by Mustafa Hassan, Market Analyst at Signify Research 04/19/2022 Leave a Comment

Analysis: The Role of Compact Systems in Today’s Ultrasound Market

Much of the focus in the ultrasound market in the last few years has been on the handheld market. This is justified, considering its role in the response to the COVID-19 pandemic and the spate of innovation in the sector, both in terms of new product releases and partnerships.  As a result, there is less mention of the other ultrasound product segments, especially the compact market. However, the compact market has also been active, with the release of Fujifilm SonoSite’s SonoSite LX in February
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Blue Spark Technologies Raises $40M for AI-Based Remote Patient Monitoring

by Jasmine Pennic 04/18/2022 Leave a Comment

Blue Spark Technologies Raises $40M for AI-Based Remote Patient Monitoring

What You Should Know: - Blue Spark Technologies, Inc., a Cleveland, OH-based provider of wearable remote patient monitoring solutions, announced that it has raised $40 million in growth funding led by Ghost Tree Partners with support from Aon. - The funding will go towards scaling the company’s sales and marketing functions and the continued advancement of Blue Spark’s wearable remote patient monitoring solutions. Continuous, Real-Time Body Temperature Monitoring System TempTraq®,
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Suki Adds “Show Me” Command to its Voice-Enabled Digital Assistant

by Fred Pennic 04/18/2022 Leave a Comment

Suki Secures $55M for Voice-Enabled Clinical Assistants to Relive Physician Burnout

What You Should Know: Suki, a provider of voice artificial intelligence (AI) technology for healthcare launches new “show me” commands for its voice artificial intelligence (AI) technology for healthcare. - The commands allow clinicians to quickly retrieve a wide set of patient information, including vital signs, medications, allergies, and medical and surgical histories -- untethered from the electronic health record (EHR) -- enabling them to be more present with their patients. The
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Therapeutic Alliance: Building Relationships With AI Therapy Chatbots

by Fred Pennic 04/15/2022 Leave a Comment

Therapeutic Alliance: Building Relationships With AI Therapy Chatbots

What You Should Know: - Can we build relationships with AI therapy bots as well as we can with other human beings? This research says yes.  - A recent peer-reviewed study in Frontiers of  Wysa, an advanced conversational AI for mental health, shows people develop an emotional bond with its chatbot in much the same way people bond with a human therapist. This ‘therapeutic alliance’ is crucial in helping people meet the goals of treatment, the study found. Peer-reviewed study reveals
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Vital Start Health Launches Virtual Reality-Enabled Telemedicine Platform for Maternal Mental Health

by Jasmine Pennic 04/14/2022 Leave a Comment

Vital Start Health Launches Virtual Reality-Enabled Telemedicine Platform for Maternal Mental Health

What You Should Know: - Vital Start Health, a University of Pennsylvania startup and a member of Microsoft for Startups, has launched COURAGE as the next-generation, virtual reality, multi-lingual coaching and psychotherapy telehealth platform for maternal well-being support across the pre-pregnancy, pregnancy and postpartum stages. - The platform empowers patients with experiential practice and immersive psychoeducation, with the goal of driving better diagnoses, and
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FundamentalVR Adds Endovascular Surgery Procedures to Haptic VR Medical Simulations

by Fred Pennic 04/14/2022 Leave a Comment

FundamentalVR Adds Endovascular Surgery Procedures to Haptic VR Medical Simulations

What You Should Know: - FundamentalVR, global pioneers in immersive VR surgical simulations, today announces the addition of endovascular surgery to its suite of haptic VR medical simulations. In addition, it’s also showcasing its new virtual showroom that would accelerate the ability of medical device manufacturers and life science companies to get new endovascular products into the hands of sales representatives and clinicians. Creating High-Fidelity Simulations In creating
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