Recent high-profile events have elevated the national discussion about mental illness and how best to circumvent potentially disastrous outcomes.Supply and demand of mental and behavioral health care services sit at the heart of the problem, and while various schools of thought exist as to the solution, most in the industry agree on one point: the behavioral health access crisis has reached a tipping point. From extreme shortages in psychiatric beds—numbering roughly 14 per every 100,000 people
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Digital Health | News, Analysis, Insights - HIT Consultant
New Jersey Department of Health Awards $2.3M to Enhance Pediatric Care through Telehealth
The New Jersey Department of Health announced on Thursday it has awarded more than $2.3 million in funding to enhance primary, behavioral and mental healthcare for children and adolescents through telehealth visits and new education programs. The federal Health Resources and Services Administration awarded the state DOH $445,000 for five years — a total of $2,225,000. Funding Details & PurposeThe $2.3 million will provide technical assistance and training to 1,800 primary care providers on
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aMoon II Raises $600M Digital Health Fund to Invest in Mid to Late-Stage Companies
Israeli-based health tech and life sciences venture fund aMoon II has raised $600 million from investors and aims to raise up to $750 million by its close in February, Reuters reported. The fund's objective is to generate strong investment returns by partnering with promising mid-late-stage companies in Israel and in select other global centers of healthtech innovation.aMoon II Investment FocusFounded in 2018, aMoon II secured a $250 million investment commitment from Credit Suisse’s asset
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Synzi Launches “Next Generation” Virtual Care Platform
Synzi, a virtual care company based in St. Petersburg has announced the launch of its “next generation” platform, designed to give patients, clinical staff, and administrators a more user-friendly experience. Product updates include a reinvigorated user interface as well as new reporting, security and compliance features.Specific Product Differentiators- Enterprise administrators can now benefit from an updated dashboard, reporting components, and advanced security permissions. Those with
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Internet of Medical Things (IoMT) Startup Cynerio Raises $7M to Expand Fraud Platform in U.S.
Cynerio, a New York-based provider of medical device and Internet of Medical Things (IoMT) security selections, today announced it has raised $7 million in funding from investors Accelmed, RDC; and MTIP. The company will use the funding to help fuel growth in North America for its 100% healthcare focused cybersecurity platform.Founded in 2017, Cynerio’s IoMT fraud detection platform analyzes the medical workflows in the IoMT ecosystem, to automatically discover all the entities on the network,
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Vocera Launches Wearable Smartbadge to Redefine Healthcare Communication
Vocera Communications, Inc., a provider of clinical communication and workflow solutions has announced the launch of a new category of wearable communication devices that enables clinician agility and accelerates patient care. The Vocera Smartbadge combines smartphone usability with the hands-free freedom of the Vocera Badge to redefine healthcare communication.Based on two decades of customer feedback, the Smartbadge carves out a new category of wearable mobile communication devices and
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3 Ways Artificial Intelligence Will Improve Healthcare in 2019
In 2019, artificial intelligence (AI) and machine learning tools will continue to help physicians make more informed decisions, hospitals achieve better outcomes, and patients receive more timely and personalized care. According to Becker’s Healthcare, artificial intelligence (AI) tools will save the healthcare industry $52 billion by 2021. Here are three of the biggest ways that AI is poised to shape healthcare in 2019.1. AI Will Unlock the Power of Virtual Medicine Telemedicine is helping to
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Providence Ventures Closes $150M Fund to Foster Healthcare Innovation
Providence Ventures, the Venture capital arm of Providence St. Joseph Health (PSJH) has announced a second $150 million healthcare venture capital and growth equity fund. Founded in 2014, Providence Ventures manages $300 million in venture capital funds on behalf of Providence St. Joseph Health (PSJH), the nation's third-largest health system. Providence Ventures Second Health Fund Focus AreasProvidence Venture's investment strategy is focused on identifying the best opportunities that align
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Why Artificial Intelligence Should Augment Patient Care, Not Replace IT
Skeptics about the future of artificial intelligence (AI) in healthcare are running out of reasons to be doubtful.AI, in fact, is already revolutionizing several areas of medicine. Researchers rely on AI to help them select candidates for clinical trials, algorithms are proving to be about as accurate as radiologists in diagnosing lung cancer, and experts from Oxford and Yale believe that all surgical work could be conducted by AI by the year 2053.Clearly, when it comes to clinical work, AI’s
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Philips Cares App Launches to Digitize the Aging and Caregiving Experience
Role reversal, complexity and cost put tremendous strain on families as they go through the challenges of aging. To help family caregivers be there for their loved ones, easing and enriching their aging journey, Philips launched Philips Cares app at CES. Whether caring for a loved one or for themselves, Philips Cares Aging & Caregiving service is a digital experience that enables people to easily form and activate a care circle of trusted family and friends, access meaningful insights into
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