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Digital Health | News, Analysis, Insights - HIT Consultant

XRHealth Inks Partnership to Provide VR Relaxation Videos to Hospitals Nationally

by Jasmine Pennic 04/30/2019 Leave a Comment

XRHealth Inks Partnership to Provide VR Relaxation Videos to Hospitals Nationally

XRHealth, formerly known as VRHealth is the leader in extended reality and therapeutic applications, announced today that they are partnering with Healing Healthcare Systems, Inc. to provide virtual reality (VR) relaxation videos to over 1,000 hospitals throughout the nation. XRHealth offers medical facilities their flagship product, the VRHealth Platform which includes a variety of VR medical apps: cognitive assessment and training apps, motor function apps, pain management apps, and behavioral
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Why The Handheld Ultrasound Market Is Poised for Next Wave of Growth

by Simon Harris, Managing Director at Signify Research 04/30/2019 Leave a Comment

Why The Handheld Ultrasound Market Is Poised for Next Wave of Growth

This year marks the tenth anniversary of the launch of the first handheld ultrasound scanner, GE Healthcare’s Vscan, yet the market has largely failed to live up to expectations. In 2018, sales of handheld ultrasound accounted for less than 2% of the $6.9 billion global markets for ultrasound equipment. The relatively high cost and limited performance of early generation handhelds were limiting factors. Steady product improvements over the years, coupled with fresh innovation from new market
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FDA Approves Blockchain/IoT Pilot to Track Specialty Prescription Drugs Across 3 States

by Fred Pennic 04/29/2019 Leave a Comment

FDA Approves Blockchain/IoT Pilot to Track Specialty Prescription Drugs Across 3 States Blockchain in Healthcare_Next Stop for Data-driven Healthcare: Blockchain

The U.S. Food and Drug Administration (FDA) has approved a multi-regional pilot studying the use of blockchain-enabled data technology to track and verify specialty prescription drugs, to ensure safety, enhance value and improve health outcomes.Blockchain Pilot Consortium & Implementation TimelineThe pilot consortium is comprised of Rymedi,Temptime/Zebra, Indiana University Health, WakeMed Health & Hospitals, Good Shepherd Pharmacy and its RemediChain project, as well as the Center for
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Med Student Develops Mobile Device Cover to Bring Health Apps into Sterile Settings

by Fred Pennic 04/29/2019 Leave a Comment

Med Student Develops Mobile Device Cover to Bring Health Apps into Sterile Settings

 A medical student in the Michigan State University College of Osteopathic Medicine has announced the public launch and availability of the CleanCase sterile mobile devices cover, the first device-specific, fully FDA-complaint product on the market that allows surgeons to safely bring mobile devices into the sterile surgical field. The CleanCase cover, which was developed with investment from Red Cedar Ventures and Quantum Medical Concepts, uses patented technology to allow surgeons full mobile
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Smartphone Detection of Chronic Kidney Disease Could Save NHS $877M Over 5 Years

by Fred Pennic 04/29/2019 Leave a Comment

Smartphone Detection of Chronic Kidney Disease Could Save NHS $877M Over 5 Years

Healthy.io, an Israeli-based provider of FDA-cleared smartphone-based urinalysis has announced the results from its early detection of chronic kidney disease (CKD) pilot study with 2,000 NHS patients with diabetes. The pilot found improved test compliance (raising responses to 72% among patients who had previously not responded to testing reminders) and discovered previously undiagnosed cases of CKD (10 percent of those who took the test).Financial Impact of CKD for the NHSWith a staggering
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Digital Twin Technology: Should Healthcare Jump on the Bandwagon?

by Inga Shugalo, Healthcare Industry Analyst at Itransition 04/29/2019 Leave a Comment

Digital Twin Technology: Should Healthcare Jump on the Bandwagon?

While healthcare is known for not jumping to conclusions very fast when investing in new technology, the industry starts to pick up the pace. Such “newcomers” as blockchain, IoT, VR, and AR get a well-deserved appraisal and become an integral part of next-gen custom healthcare software aimed at supporting personalized treatment and predictable patient outcomes across a wide range of conditions. We anticipate that the digital twin technology has good chances to become the next addition to the
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Indian Digital Health Startup mfine Nabs $17.2M for Virtual Healthcare Delivery Network

by Jasmine Pennic 04/26/2019 Leave a Comment

Health-tech AI Startup mfine

mfine, an India-based digital health startup has raised $17.2 million in Series B funding led by SBI Investment, a Japan-based venture capital firm and a subsidiary of the SBI Group. Singapore-based SBI Ven Capital which is SBI Group's Southeast-Asian investment arm and tech-focused global venture capital firm BEENEXT also participated in the round alongside existing investors, Stellaris Venture Partners and Prime Venture Partners. Why mfine?Founded in February 2017 by Ashutosh Lawania (Myntra
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Cardiogram’s Wearable Based Monitoring Tool Is Now Covered by Oscar

by Fred Pennic 04/26/2019 Leave a Comment

Cardiogram’s Wearable Based Monitoring Tool Is Now Covered by Insurer Oscar

Cardiogram is a digital health company announced that it's wearable-based monitoring for atrial fibrillation and diabetes is now covered by Oscar Health Insurance, without paying out of pocket. The coverage will help provide end-to-end preventive care: continuous wearable monitoring, convenient testing, contextualized results, and clinical triage.Impact of Chronic ConditionsFor chronic conditions like diabetes, atrial fibrillation, hypertension, and sleep apnea, anywhere between 20–80% of cases
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Massachusetts Launches Digital Health ‘Sandbox’ Program for Startups

by Jasmine Pennic 04/25/2019 Leave a Comment

Massachusetts Launches Digital Health 'Sandbox' Program for Startups

 On Wednesday, Massachusetts Governor Charlie Baker joined members of the Massachusetts Digital Health Council to announce a new program to drive the growth of innovative startups in the state, helping them access unique R&D facilities in the state. The announcement was made at Worcester Polytechnic Institute’s PracticePoint research, development and commercialization alliance, the first R&D ‘sandbox’ selected to host startups as part of the program. That facility was the recipient of a
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Humana Launches First Virtual Primary Care Plan for Members

by Fred Pennic 04/25/2019 Leave a Comment

Doctor on Demand, Humana Launches First Virtual Primary Care Plan for Members

Health insurer Humana and virtual care provider Doctor On Demand has announced the launch of On Hand, an innovative and affordable health plan that centers on comprehensive virtual primary care for members. On Hand addresses the number one reason small businesses don’t offer health insurance-- cost -- by offering a plan 50% lower than the industry standard monthly premiums. On Hand Primary Care Plan Overview Employers and members who elect this primary care plan will gain access to a
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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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