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Digital Health | News, Analysis, Insights - HIT Consultant

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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FemTech: Hyivy Health Secures $2M for Next-Gen Pelvic Rehabilitation Platform

by Jasmine Pennic 09/30/2024 Leave a Comment

FemTech: Hyivy Health Secures $2M for Next-Gen Pelvic Rehabilitation Device

What You Should Know: Hyivy Health most recent $2M seed funding round was led by Zcube – Zambon Research Venture along with contributions from Beresford Ventures, Equation Angels, FACIT, mHub, Women’s Equity Lab, and the founding partner of Chai Ventures. The funds are crucial for the advancement of Hyivy Health clinical trials and to prepare for market entry. CEO Rachel Bartholomew acknowledges fundraising challenges in the femtech space. “Fundraising in the women’s health space is still
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On-Demand Cancer Care: Reimagine Care & Moffitt’s Patient-Centric Collaboration

by Syed Hamza Sohail 09/30/2024 Leave a Comment

On-Demand Cancer Care: Reimagine Care & Moffitt's Patient-Centric Collaboration

What You Should Know: -  Reimagine Care, the nation’s leading provider of on-demand cancer care, and Moffitt Cancer Center, the only National Cancer Institute-designated Comprehensive Cancer Center based in Florida and host of the CancerX initiative, announce today a strategic partnership to transform cancer care delivery. -  The collaboration addresses the increasing need for flexibility in care, allowing patients to receive their treatments without the limitations of traditional
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How AI Is Transforming Rehabilitation Healthcare Administration

by Brijraj Bhuptani, Co-founder and CEO SPRY Therapeutics, Inc. 09/30/2024 Leave a Comment

How AI Is Transforming Rehabilitation Healthcare Administration

Administrative tasks are essential for ensuring high-quality patient care in health care, and the rehabilitation sector is no different. The sheer volume of patients can lead to an overwhelming burden of manual recordkeeping. Any inefficiency not only undermines the quality of care by causing delays for patients but also leads to therapist burnout. It may be surprising to learn that, according to a U.S. clinician poll, 92% of clinicians agree that administrative stress is a major cause of
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Wellinks Acquires Spire Health, Launching Predictive Patient Care for COPD & CHF

by Fred Pennic 09/30/2024 Leave a Comment

Wellinks Acquires Spire Health, Launching Predictive Patient Care for COPD & CHF

What You Should Know:  - Wellinks, the leader in virtual-led cardiopulmonary care, has acquired Spire Health in a non-cash transaction.  - This strategic move merges Spire's cutting-edge patient monitoring technology with Wellinks' specialized virtual care model, establishing a first-of-its-kind, fully integrated Predictive Patient Care company. Addressing the Costly Burden of COPD and CHF Chronic Obstructive Pulmonary Disease (COPD) and Congestive Heart Failure (CHF)
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