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Digital Health | News, Analysis, Insights - HIT Consultant

M&A: Philips Acquires Remote Cardiac Monitoring BioTelemetry for $2.8B

by Fred Pennic 12/18/2020 Leave a Comment

M&A: Philips Acquires Remote Cardiac Monitoring Platform BioTelemetry for $2.8B

What You Should Know: - Philips acquires BioTelemetry, a U.S. provider of remote cardiac diagnostics and monitoring for $72.00 per share for an implied enterprise value of $2.8 billion (approx. EUR 2.3 billion). - With $439M in revenue in 2019, BioTelemetry annually monitors over 1 million cardiac patients remotely; its portfolio includes wearable heart monitors, AI-based data analytics, and services. - BioTelemetry business is expected to deliver double-digit growth and improve its
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VHA Innovation Ecosystem Taps MDClone to Leverage Synthetic Data for Faster Healthcare to Veterans

by Fred Pennic 12/17/2020 Leave a Comment

VHA Innovation Ecosystem Taps MDClone to Leverage Synthetic Data for Faster Healthcare to Veterans

What You Should Know: - Data analytics and digital health company MDClone announced a partnership with the Department of Veterans Affairs’ (VA) VHA Innovation Ecosystem to democratize data and provide better, smarter, faster healthcare to U.S Veterans. - By leveraging MDClone’s data platform, the VHA is able to tackle this massive problem by securely accessing, organizing, and analyzing the critical health data of Veterans with the use of synthetic data – a breakthrough method pioneered
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AI Algorithms Can Predict Outcomes of COVID-19 Patients with Mild Symptoms in ER

by Fred Pennic 12/16/2020 Leave a Comment

AI Algorithms Can Predict Outcomes of COVID-19 Patients with Mild Symptoms in ER

What You Should Know: - Artificial intelligence algorithms can predict outcomes of COVID-19 patients with mild symptoms in emergency rooms, according to recent research findings published in Radiology: Artificial Intelligence journal. - Researchers trained the algorithm from data on 338 positive COVID-19 patients between the ages of 21 and 50 by using diverse patient data from emergency departments within Mount Sinai Health System hospitals (The Mount Sinai Hospital in Manhattan, Mount
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How Hackers Are Targeting COVID-19 Vaccine Distribution Chains – Q/A

by Fred Pennic 12/16/2020 Leave a Comment

COVID-19 Vaccine Cyber Attacks

With the US and other major countries poised to begin national distribution of multiple FDA-approved COVID-19 vaccines, the cybersecurity threats to secure COVID19 vaccine distribution is imminent. Earlier this month, IBM released a report on malicious cyber actors targeting the COVID-19 cold chain—an integral part of delivering and storing a vaccine at safe temperatures. Impersonating a biomedical company, cyber actors are sending phishing and spear-phishing emails to executives and global
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Mount Sinai to Deploy Current Health’s RPM Solution to Enhance Oncology Patient Care

by Jasmine Pennic 12/15/2020 Leave a Comment

Mount Sinai to Deploy Current Health’s RPM Solution to Enhance Oncology Patient Care

What You Should Know: - Mount Sinai Health System will implement Current Health’s remote patient monitoring (RPM) solution to allow oncology patients to recover at home while being continuously and passively monitored by their care team. - The implementation will reduce hospitalization events and prevent potential patient exposure to infection while bridging the digital health divide as more and more patients engage in telehealth. Current Health today announced that its remote patient
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Microsoft Deploys COVID-19 Vaccine Management Platform

by Fred Pennic 12/14/2020 Leave a Comment

Microsoft Deploys COVID-19 Vaccine Management Platform

What You Should Know: - Microsoft launches a COVID-19 vaccine management platform with partners Accenture and Avanade, EY, and Mazik Global to help government and healthcare customers provide fair and equitable vaccine distribution, administration, and monitoring of vaccine delivery.  - Microsoft Consulting Services (MCS) has deployed over 230 emergency COVID-19 response missions globally since the pandemic began in March, including recent engagements to ensure the equitable, secure
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Digital Diabetes Market to Reach $1.5B by 2024, Research Finds

by Jasmine Pennic 12/14/2020 Leave a Comment

Diabetes Management Apps Global Mobile Health Solutions_7 Best Practices for Developing Successful Diabetes Mobile Apps

What You Should Know: - The digital diabetes market is on track to reach $1.5 billion dollars by 2024, according to a new report by Research2Guidance. - The confident growth of digital diabetes care will be driven by the growth of the global addressable market for digital diabetes services. Between 2019 and 2024, the number of diagnosed diabetics with access to smart devices is set to increase from 109 million to 180 million.  - Digital diabetes solutions have disrupted the
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Scanwell Health’s FDA-Cleared, Smartphone-Enabled UTI Test Kit Now Available at Amazon

by Jasmine Pennic 12/10/2020 Leave a Comment

Scanwell Health’s FDA-Cleared, Smartphone-Enabled UTI Test Kit Now Available at Amazon

What You Should Know: - LA-based Scanwell Health announced today that its at-home UTI test kits - featuring the first FDA-cleared urinalysis app that lets people test for a UTI without having to visit a lab or doctor - is now available on Amazon.com. - The kits are priced at 3 for $15. Happy to send a graphic or answer any questions you have. Until now, the kits have been available only directly through the Scanwell Health web site. - Scanwell enables clinical-grade testing, instant
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Google Health Studies App Launches in Partnership with Harvard Medical School & Boston Children’s Hospital

by Fred Pennic 12/09/2020 Leave a Comment

Google Health Studies App Launches in Partnership with Harvard Medical School & Boston Children’s Hospital

What You Should Know: - Google announces the launch of its Google Health Studies App with the first study focused on respiratory illness in partnership with Harvard Medical School & Boston Children’s Hospital. - Google Health Studies aims to create opportunities for more people to participate in health research. By contributing, you’ll represent your community and start improving the future of health for everyone. To make it easier for leading research institutions to connect
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Banner Health, WellSpan, Others Invest in Virtual Maternity Care Platform Babyscripts

by Jasmine Pennic 12/09/2020 Leave a Comment

Banner Health, WellSpan, Others Invest in Virtual Maternity Care Platform Babyscripts

What You Should Know: - Virtual maternity care platform Babyscripts announced a new round of investments from Banner Health, CU Healthcare Innovation Fund, The Froedtert & Medical College of Wisconsin Health Network, and WellSpan Health - Using internet-connected devices for remote monitoring, Babyscripts offers risk-specific experiences to allow providers to manage up to 90% of pregnancies virtually, allowing doctors to detect risk more quickly and automate elements of
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Evernorth Health Services Invests $3.5B in Shields Health Solutions

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KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

M&A:Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

Femtech: Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

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