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Digital Health | News, Analysis, Insights - HIT Consultant

COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data

by Fred Pennic 11/18/2020 Leave a Comment

COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data

What You Should Know: - COTA, Inc., a healthcare technology company that uses real-world data to bring clarity to cancer care, has secured $34M in funding. - Access to over one million patient data records and additional funding support enhanced real-world data and analytics services in oncology. COTA, Inc., a Boston, MA-based healthcare technology company that uses real-world data to bring clarity to cancer care, today announced it has raised $34 million in Series D funding led by
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Amazon Launches Digital Pharmacy Store: 6 Key Things to Know

by Fred Pennic 11/17/2020 Leave a Comment

Amazon Launches Digital Pharmacy Store: 6 Key Things to Know

Amazon.com, Inc. today announced the expansion of its foothold into the pharmacy business with two new pharmacy offerings to help customers conveniently purchase their prescription medications. Amazon Pharmacy, a new store on Amazon, allows customers to complete an entire pharmacy transaction on their desktop or mobile device through the Amazon App. Here are six key things to know about this landmark announcement: 1. Using a secure pharmacy profile, customers can add their insurance
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How COVID-19 Has Revealed Healthcare’s Blockchain Use Cases

by Brett Furst, President at HHS Technology Group 11/17/2020 Leave a Comment

How COVID-19 Has Revealed Healthcare’s Blockchain Use Cases

Blockchain technology has somewhat infamously been described as “a solution in search of a problem,” but as the healthcare industry responds to the demands of the pandemic, several valuable use cases have surfaced that could benefit from employing the emerging technology.   Due in large part due to its ability to promote trust, transparency, and privacy, blockchain has emerged as today’s best technology-based option for accomplishing the important objective of delivering real-time
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Future of Femtech and Technology: An Emerging Innovative Crossroads

by Jasmine Pennic 11/17/2020 Leave a Comment

Analysis: Why Digital Health Investors are Falling in Love with Femtech

In recent years the technological field has taken revolutionary steps to balance out gender disparities. This has led to the advent of a female-centric health technology market that utilizes tech as a proponent for women's health and overall wellness. You must have seen (or at least heard of) an app that focuses explicitly on women's issues. These tools are part of a growing collaboration between health and technology known as femtech. Areas that are currently represented include sex and
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AliveCor Lands $65M to Advance Remote Cardiology Platform Worldwide

by Fred Pennic 11/16/2020 Leave a Comment

AliveCor Receives “Breakthrough Device” Designation from FDA for Bloodless Hyperkalemia Test

What You Should Know: Today AliveCor, the leader in AI-based, personal ECG devices and cardiology platforms, announced they closed $65 million in Series E funding to accelerate its growth. To date, AliveCor’s FDA-cleared Kardia devices have recorded more than 85 million ECGs. Since the pandemic began, nearly 15 million ECGs were taken which is an increase of 70% year-over-year. AliveCor, a Mountain View, CA-based provider of AI-based personal ECG technology and provider of enterprise
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Medtronic Launches Smart Insulin Pen Integrated with Real-Time CGM Data

by Fred Pennic 11/12/2020 Leave a Comment

Medtronic Launches Smart Insulin Pen Integrated with Real-Time CGM Data

What You Should Know: - Medtronic, the global leader in medical technology, announced the launch of InPen integrated with real-time Guardian Connect Continuous Glucose Monitoring (CGM) data. - InPen is the first and only FDA-cleared smart insulin pen on the market for people on multiple daily injections (MDI). - The combined solution now provides real-time glucose readings alongside insulin dose information giving users everything they need to manage their diabetes in one view. -
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Gates Foundation Awards Caption Health $4.95M Grant to Develop AI-Guided Lung Ultrasound System

by Fred Pennic 11/12/2020 Leave a Comment

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

What You Should Know: - Bill & Melinda Gates Foundation awards Caption Health a $4.5M grant to support the development of an AI-guided lung ultrasound system. - The grant from the Bill & Melinda Gates Foundation will be leveraged to create new AI technology that allows medical professionals without prior ultrasound experience to perform lung ultrasounds, expanding access to quality medical care. Caption Health, a leading medical artificial intelligence (AI) company, today
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Mount Sinai Develop Machine Learning Models to Predict Critical Illness and Mortality in COVID-19 Patients

by Fred Pennic 11/11/2020 Leave a Comment

What You Should Know: - Mount Sinai researchers have developed machine learning models that predict the likelihood of critical events and mortality in COVID-19 patients within clinically relevant time windows. - The new machine learning models were outlined in a recent study published in the Journal of Medical Internet Research—could aid clinical practitioners at Mount Sinai and across the world in the care and
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Mobile Point-of-Care Ultrasound Is Now A Frontline Warrior in Pandemic

by Diku Mandavia, M.D., SVP, Chief Medical Officer at FUJIFILM Sonosite 11/11/2020 Leave a Comment

Point-of-Care Ultrasounds is Now a Frontline Warrior in Battling The Pandemic

Health authorities need to prioritize delivery and the repurposing of mobile point-of-care ultrasound machines which have proven to be reliable, affordable, and effective in saving the lives of coronavirus patients.   Most Americans are familiar with ultrasound technology from the scans done to check on the status of the fetus during pregnancy.   But far fewer are aware of how valuable mobile versions of these units have also become in America’s emergency rooms where they almost
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Buoy Health Raises $37.5M to Expand AI-Powered Healthcare Navigation Platform

by Fred Pennic 11/10/2020 Leave a Comment

Buoy Health Raises $37.5M to Expand AI-Powered Healthcare Navigation Platform

What You Should Know: - Buoy Health raises $37.5 million in Series C funding to expand it’s AI-powered healthcare navigation platform, bringing its total raised to date at $66.5M. - Buoy will use the proceeds to further build out its IP with respect to artificial intelligence and other technologies, as well as grow the Buoy team. Buoy Health, a Boston, MA-based AI-powered healthcare navigation platform, today announced the completion of a $37.5 million Series C funding round. Cigna
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Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

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

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

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