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Digital Health | News, Analysis, Insights - HIT Consultant

Accelerating Drug Discovery: Proscia Launches Concentriq Embeddings and AI Toolkit

by Fred Pennic 10/03/2024 Leave a Comment

Accelerating Drug Discovery: Proscia Launches Concentriq Embeddings and AI Toolkit

What You Should Know:  - Proscia, a provider of AI-powered pathology solutions, is accelerating the pace of drug discovery and diagnostic development with the launch of Concentriq® Embeddings and the Proscia AI Toolkit.  - These powerful new tools empower life sciences organizations to leverage the full potential of artificial intelligence in pathology, leading to faster breakthroughs and improved patient outcomes. Transforming AI Development in Pathology Integrated into
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Rippl Secures $23M to Expand its Virtual Dementia Care Platform

by Fred Pennic 10/02/2024 Leave a Comment

Rippl Secures $23M to Expand its Virtual Dementia Care Platform

What You Should Know:  - Rippl, a provider of virtual dementia care raises $23M ina Series A funding round led by Tina Hoang-To, Founding General Partner at Kin Ventures, with participation from existing investors including ARCH Venture Partners, General Catalyst, GV (Google Ventures), F-Prime, Mass General Brigham Ventures, and 1843 Capital. JSL Health also joined the round as a new investor. - The need for accessible and compassionate dementia care is more critical than ever. With
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5 Ways Tech is Enhancing Patient Engagement in Clinical Trials

by Eben Scanlon, Chief Customer Officer at OneStudyTeam 10/02/2024 Leave a Comment

5 Innovative Ways Tech is Enhancing Patient Engagement in Clinical Trials

Patient engagement is critical on several levels. It helps inform updates to trial design and processes, it ensures critical data is collected to determine the safety and efficacy of an investigational product, and it supports patient retention for the duration of the trial. That’s why biopharma sponsors and research sites are leaning into technology to facilitate this engagement. It’s important for physicians and other healthcare professionals to be aware of this technology and how it can
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Huma Acquires Digital Triage Platform eConsult, Launches Huma Workspace for Health Systems

by Fred Pennic 10/02/2024 Leave a Comment

Huma Acquires Digital Triage Platform eConsult, Launches Huma Workspace for Health Systems

What You Should Know:  - Huma, a global leader in healthcare AI and digital health solutions, has acquired eConsult, a prominent digital-first triage and automated consultation platform used throughout primary and emergency care in the UK.  - The strategic move strengthens Huma's commitment to transforming the NHS into a proactive, digital-first health system. Financial details of the acquisition were not disclosed.  Building a Comprehensive Digital Health
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Ascensia Launches World’s First One-Year CGM System, Eversense® 365

by Jasmine Pennic 10/02/2024 Leave a Comment

Ascensia Launches World's First One-Year CGM System, Eversense® 365

What You Should Know:  - Ascensia Diabetes Care has announced the U.S. launch of the Eversense® 365 continuous glucose monitoring (CGM) system, an advancement in diabetes management.  - Developed by Senseonics Holdings, Inc., Eversense 365 is the world's first and only CGM system to offer an entire year of continuous glucose monitoring with a single sensor. This innovative technology received FDA clearance last month for individuals with type 1 and type 2 diabetes aged 18 years
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​​JOYA Emerges from Stealth with $5M for Skin Health & Wellness Benefit Platform

by Jasmine Pennic 10/02/2024 Leave a Comment

​​JOYA Emerges from Stealth with $5M for Skin Health & Wellness Benefit Platform

What You Should Know:  - JOYA, the first employee skin health and wellness benefit platform, is making a splash with its launch and $5M in seed funding round led by LUX Capital, Mosaic General Partnership, Arsama Trust, and Joyance Partners.  - The investment will fuel JOYA's ambitious plans for team expansion, product development, market growth, and increased access to providers. Skin Health: A Growing Priority The skin health and wellness market in the U.S. is booming,
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From WebMD to AI: How Patients Access Health Information is Changing

by Vicky Britton, Associate Principal of Social Media Intelligence 10/01/2024 Leave a Comment

From WebMD to AI: How Patients Access Health Information is Changing

The vast amount of data available to patients and consumers—from web sources, social media, wearables, and AI chatbots—has democratized health information on an unprecedented scale. This shift presents unique opportunities and challenges for the healthcare industry. This evolution affects not only patients but also healthcare providers, as the traditional relationship between patients and healthcare professionals is being disrupted. This makes it a critical area for discussion among medical
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Nym Raises $47M to Expand Autonomous Medical Coding Engine

by Syed Hamza Sohail 10/01/2024 Leave a Comment

Nym Raises $47M to Expand Autonomous Medical Coding Engine

What You Should Know: - Nym, a leader in autonomous medical coding, today announced a $47 million growth investment led by PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies. -  The new funding includes participation from existing investors Google Ventures, Addition, and Dynamic Loop Capital.Additional terms of the transaction were not disclosed. Nym: Revolutionizing Healthcare with Autonomous Medical Coding
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Sheba Medical Center & Mana.bio Partner to Advance AI-Driven RNA Delivery for Cancer & Autoimmune Therapies

by Fred Pennic 10/01/2024 Leave a Comment

Sheba Medical Center & Mana.bio Partner to Advance AI-Driven RNA Delivery for Cancer & Autoimmune Therapies

What You Should Know:  - Sheba Medical Center, a leading Israeli hospital renowned for its medical innovation, and its innovation arm, ARC Innovation, have announced a collaborative research agreement with Mana.bio.  - The partnership aims to leverage Mana.bio's AI-powered programmable RNA delivery platform to overcome technological hurdles in RNA therapeutics, paving the way for enhanced treatments for cancer and autoimmune diseases. Bridging Technological Gaps in RNA
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FOMO Drives AI Investment in Healthcare, Despite Trust Concerns

by Fred Pennic 10/01/2024 Leave a Comment

FOMO Drives AI Investment in Healthcare, Despite Trust Concerns

What You Should Know:  - A new study by intelligent automation company ABBYY reveals that fear of missing out (FOMO) is a major factor driving AI investment in healthcare.  - The study reveals that 57% of global healthcare providers expressed concern that their organizations will fall behind if they don't embrace AI. Efficiency and Patient Service as Key Drivers While FOMO plays a role, over half (52%) of healthcare leaders also cite increased efficiency and improved
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