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Digital Health | News, Analysis, Insights - HIT Consultant

Ethical Concerns of AI in Healthcare: Can AI Do More Harm Than Good?

by Erica Garvin 08/06/2019 Leave a Comment

Before the AI Doctor, Ethics Must in Place

The AI doctor can see you now, but it shouldn't treat you until ethics are in place. Professor Timothy Casey explains. Artificial Intelligence (AI) and ethics—once mythical adversaries only on-screen like in “The Terminator” circa 1984— are now actually at virtual odds in 2019. This time, there are no catchy slogans like Arnold Schwarzenegger’s “I’ll be back,” but the moral question has returned: Does AI’s transformative power have the ability to do more harm to humankind than good? That is the
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Research: July Digital Health IPOs, M&A Activity, Public Company Performance Summary

by Fred Pennic 08/06/2019 Leave a Comment

Research: July Digital Health IPOs, M&A Activity, Public Company Performance

Summary of Health IT/digital IPOs, merger & acquisition (M&A) activity, and public company performance during the month of July. Digital Health IPOs in July Breaking the digital health IPO drought, there were four initial public offerings (IPOs) during a five-week period from late June to late July, including Livongo, Health Catalyst, Phreesia, and Change Healthcare. The last health IT companies to reach IPO were iRhythym Technologies and Tabula Rasa Healthcare in late 2016 -
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Kaiser Appoints First Chief Digital Officer, Teladoc’s New COO, Castlight Health CEO, Other Health IT Appointments

by Jasmine Pennic 08/05/2019 Leave a Comment

Kaiser Appoints First Chief Digital Officer, Teladoc’s New COO, Castlight Health CEO, Other Health IT Appointments

Kaiser Permanente has appointed Prat Vemana as its first chief digital officer for Kaiser Foundation Health Plan and Hospitals. In this newly created role, Vemana will lead the ongoing development and execution of Kaiser Permanente's digital vision and strategy, in collaboration with internal health plan, hospital, and medical group teams. Atlantic Health System has named Dr. Sylvia Romm as Chief Innovation Officer. In her new role, Romm will be responsible for building new partner
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FCC Strengthens Rural Telehealth Program: 5 Things to Know

by Jasmine Pennic 08/02/2019 Leave a Comment

FCC Strengthens Rural Telehealth Program: 5 Things to Know

The Federal Communications Commission (FCC) on Thursday took action to promote telehealth in rural America through reforms to the Rural Health Care Program that ensure limited program funds are disbursed efficiently and equitably, promote transparency and predictability in the program’s administration, and strengthen safeguards against waste, fraud, and abuse. The announcement revises the rules governing the Telecom Program to simplify calculation of the urban rate—the amount health care
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OSF Ventures Closes $75M Sophomore Venture Fund to Focus on Emerging Technologies

by Fred Pennic 08/02/2019 Leave a Comment

OSF Ventures Closes $75M Sophomore Venture Fund to Focus on Emerging Technologies

 OSF Ventures, the corporate venture capital arm of Peoria, Ill.-based OSF HealthCare, has announced the closing of its sophomore venture capital fund of $75M. The sophomore fund will focus on investing in new technology, devices, and services that offer improved and more cost-efficient healthcare.Investment PhilosophyOSF focuses on investing in companies seeking funding at all post-seed stages and has invested primarily in Series A and B rounds. In addition, OSF Ventures is open to
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Progentec Diagnostics Merges with Karate Health to Expand Autoimmune Disease Management Platforms

by Fred Pennic 08/02/2019 Leave a Comment

Progentec Diagnostics Merges with Karate Health to Expand Autoimmune Disease Management Platforms

Karate Health merges with Progentec to pursue comprehensive disease management solutions for lupus and multiple sclerosis (MS) that combine laboratory testing with digital technologies. Progentec Diagnostics, Inc. and Karate Health, Inc. announced that they have merged, offering laboratory testing and digital technologies for the diagnosis and management of lupus (SLE), multiple sclerosis (MS), and other autoimmune diseases. The merger is a substantive step towards the Progentec mission of
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CoxHealth Taps MDLIVE to Optimize The Virtual Care Experience for Patients & Providers

by Fred Pennic 07/31/2019 Leave a Comment

MDLIVE Inc., a virtual healthcare provider, today announced a strategic and landmark partnership with CoxHealth. As part of the partnership, MDLIVE’s virtual care platform will be seamlessly integrated into CoxHealth’s existing digital framework to optimize the virtual care experience for both consumers and providers across the state of Missouri. CoxHealth will leverage MDLIVE’s holistic virtual experience to better support the many complexities and systems involved in providing virtual
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CVS Uses Analytics to Expand Transform Diabetes Care Program

by Fred Pennic 07/31/2019 Leave a Comment

CVS Uses Analytics to Expand Transform Diabetes Care Program

More than two years since its launch, pharmacy benefit manager (PBM) CVS Caremark’s Transform Diabetes Care program has helped PBM members better control their diabetes through a combination of highly personalized member support and coaching focused on improving medication adherence and better control of HbA1c. In fact, more than 50 percent of members with uncontrolled diabetes who enrolled in the program have moved to a controlled status and, on average, members have improved HbA1c by 1.2
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XLerateHealth Unveils 2019 Louisville Cohort of 9 Digital Health Startups

by Fred Pennic 07/31/2019 Leave a Comment

XLerateHealth Accelerator Unveils Its Sixth Class of 10 Digital Health Startups

XLerateHealth, a Louisville, KY-based healthcare accelerator announced it has selected nine digital health startups to participate in its 2019 Louisville accelerator cohort.  This is the 8th cohort to be selected into the bootcamp program since XLH’s launch in 2013.XLerateHealth (XLH) Accelerator Program OverviewThe accelerator’s 12-week intensive program will help the early-stage healthcare companies build out their commercialization strategy, which includes their intersection with Payers,
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Q&A: Scott Nordlund Shares Banner Health’s Approach to Healthcare Innovation

by Erica Garvin 07/31/2019 Leave a Comment

Banner Health Scott Nordlund Healthcare Innovation Banner Innovation Group (BIG)

Banner Health’s Chief Strategy & Growth Officer Scott Nordlund shares their approach to achieving healthcare innovation with their Banner Innovation Group (BIG).  It may only be comprised of staff members, but Banner Health’s BIG (Banner Innovation Group) has immense goals. Launched in May, BIG was created to engage with partners in healthcare and other fields—such as technology, academia, and venture capital—to rethink every part of the health care system, in all
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