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Digital Health | News, Analysis, Insights - HIT Consultant

Innoventric Secures $28.5M to Expand Transcatheter Tricuspid Valve Treatment

by Syed Hamza Sohail 10/30/2024 Leave a Comment

Innoventric Secures $28.5M to Expand Transcatheter Tricuspid Valve Treatment

What You Should Know: -  Innoventric, a leader in transcatheter tricuspid regurgitation (TR) treatment, today announced a $28.5 million Series B funding round to advance its revolutionary cross-caval technology, bringing the total funds raised since inception to $41 million. -  Innoventric has already successfully completed a first-in-human clinical trial in Europe, and performed many additional implantations -- treating over 40 participants so far. Recently, the company received FDA
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Enhancing CNS Clinical Trials: Medidata and Cogstate’s Collaborative Solution

by Syed Hamza Sohail 10/30/2024 Leave a Comment

Enhancing CNS Clinical Trials: Medidata and Cogstate’s Collaborative Solution

What You Should Know: -  Medidata, a Dassault Systèmes brand and the leading provider of clinical trial solutions to the life sciences industry, today announced a partnership with neuroscience solutions leader Cogstate to reshape clinical trials and outcomes measurement for central nervous system (CNS) diseases across neurodegenerative, psychiatric, motor, and rare neurodevelopmental disorders, among others. -  Together, the companies will deliver an improved experience, supported
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Ascend Learning Appoints Dr. Lissy Hu as CEO

by Executive Hires 10/30/2024 Leave a Comment

Ascend Learning Appoints Dr. Lissy Hu as CEO

What You Should Know:  - Ascend Learning, a provider of learning technology solutions for the healthcare industry, has announced the appointment of Dr. Lissy Hu as its new Chief Executive Officer.  - Dr. Hu, a seasoned healthcare technology leader and entrepreneur, will succeed Greg Sebasky, who is retiring after 10 years as CEO and will transition to Chairman of the Ascend Board of Managers in January 2025. Dr. Hu Bio/Background Dr. Hu brings a wealth of experience in
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Philips Secures $25M DoD Contract to Advance AI Predictive Health Monitoring

by Fred Pennic 10/29/2024 Leave a Comment

Philips Secures $25M DoD Contract to Advance Predictive Health Monitoring for Military Personnel

What You Should Know:  - Philips, a global leader in health technology, has announced a $25M investment from the U.S. Department of Defense (DoD) to accelerate the development and deployment of its Rapid Analysis of Threat Exposure (RATE) algorithm.  - The four-year project aims to enhance the predictive health monitoring of military personnel, ensuring their well-being and readiness in the face of potential health threats. RATE: An Early Warning System for Infection RATE
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Vara Raises $8.9M to Expand AI-Powered Breast Cancer Screening Globally

by Jasmine Pennic 10/29/2024 Leave a Comment

Vara Raises $8.9M to Expand AI-Powered Breast Cancer Screening Globally

What You Should Know:  - Vara, a Berlin, Germany-based provider of AI-enabled breast cancer detection, has announced the successful closure of a $8.9M (€8M EUR) Series B funding round.  - This investment, co-led by Smart Family Office, FJH, and IBB Ventures, will fuel Vara's continued expansion and its mission to revolutionize breast cancer screening through artificial intelligence. Transforming Breast Cancer Screening with AI Vara's AI-powered software has been shown to
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Navigating The Mental Health Challenges of an Aging Population

by Colleen Hanlon, Ph.D. Vice President of Medical Affairs, BrainsWay 10/29/2024 Leave a Comment

Navigating the Mental Health Challenges of an Aging Population

As the baby boomer generation ages, the “silver tsunami” is contributing to a significant demographic shift. According to the U.S. Census Bureau, the population of Americans over age 65 increased by 13 million between 2010 and 2020, marking the fastest growth rate since the late 19th century. This trend is expected to accelerate, bringing with it various public health challenges, including a rising prevalence of late-life depression. The numerous factors contributing to late-life depression
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CareYaya Unveils AI-Powered Smart Glasses to Assist Dementia Patients

by Fred Pennic 10/29/2024 Leave a Comment

CareYaya Unveils AI-Powered Smart Glasses to Assist Dementia Patients

What You Should Know:  - CareYaya Health Technologies, a leading innovator in AI-powered solutions for the aging population, has launched MedaCareLLM, a new AI platform designed to assist individuals with dementia and Alzheimer's disease.  - Integrated into smart glasses, MedaCareLLM offers real-time support and enhances the quality of life for those navigating the challenges of cognitive decline. MedaCareLLM: The AI That Prompts You Developed as part of the OpenMind
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Quris-AI Acquires Nortis to Enhance Bio-AI Platform and Advance Drug Safety Prediction

by Fred Pennic 10/29/2024 Leave a Comment

Quris-AI Acquires Nortis to Enhance Bio-AI Platform and Advance Drug Safety Prediction

What You Should Know:  - Quris-AI, a leading Bio-AI company revolutionizing drug development, has acquired Nortis, a pioneer in microphysiology systems (MPS) technology, formerly known as Numa Biosciences.  - The strategic acquisition will integrate Nortis's advanced Kidney-on-Chip technology into Quris-AI's Bio-AI platform, enhancing its ability to predict drug safety and efficacy in humans. Combining Cutting-Edge Technologies Nortis's Kidney-on-Chip models have been
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Geisinger Deploys Opmed.ai’s AI-Powered OR Optimization Platform

by Syed Hamza Sohail 10/29/2024 Leave a Comment

Geisinger Deploys Opmed.ai’s AI-powered OR Optimization Platform

What You Should Know: - Opmed.ai, a leading provider of AI-powered healthcare solutions, has announced the successful first results of the implementation of its advanced platform at Geisinger, a top-tier health services organization renowned for its commitment to innovation. -  This achievement represents a pivotal step in the integration of cutting-edge AI technology into health care operations and patient care. Geisinger Partners with Opmed.ai to Revolutionize OR Management through
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Data Storage: The Foundation to an AI-Driven Health System

by Jon Kimerle, Global Healthcare Strategic Alliances, Pure Storage 10/29/2024 Leave a Comment

Data Storage: The Foundation to an AI-Driven Health System

The possibilities of artificial intelligence, and more specifically generative AI (Gen AI) in healthcare are vast — streamlining administrative tasks, expediting patient diagnosis, and even helping with medical research. Right now they’re focused on point AI solutions producing real but limited impact on healthcare outcomes. The potential impact is much greater.  The first step for any healthcare organization leveraging AI is a sound, comprehensive data storage strategy. Any large or
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