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Health IT | News, Analysis, Insights - HIT Consultant

Atropos Health Raises $33M to Improve Value-Based Care Through Real-World Evidence

by Syed Hamza Sohail 05/23/2024 Leave a Comment

Atropos Health Raises $30M to Improve Value-Based Care Through Real-World Evidence

What You Should Know: -       Atropos Health, the pioneer in translating real-world clinical data into high-quality personalized real-world evidence for care, today announced a $33 million Series B on the heels of the adoption of its Generative AI platform (GENEVA OSTM) by healthcare institutions, data platforms, research institutions, Life Sciences companies and more. -       The funding was led by Valtruis, with participation from new strategic investors
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5 Cloud Security Best Practices for Healthcare Leaders

by Jake Madders, co-founder and director of Hyve Managed Hosting 05/23/2024 Leave a Comment

5 Cloud Security Best Practices for Healthcare Leaders

Based on last year's research by PWC, the majority of health services organizations have already transitioned to the cloud or are in the process of doing so. The study claims that 81% of health services executives confirmed that they have adopted the cloud in most or all parts of their business to enhance patient care, clinical workflows, safety and more. However, with 79% of all reported data breaches during the first 10 months of 2020 targeting the healthcare sector and recent spotlights on
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ONC Brief Reveals Current State of Hospital Data Interoperability

by Fred Pennic 05/22/2024 Leave a Comment

ONC Brief Explores Current State of Interoperability Among U.S. Hospitals

What You Should Know:   -  A new report by the Office of the National Coordinator for Health Information Technology (ONC) examines the current state of electronic health information exchange among hospitals in the United States. The findings reveal progress in interoperability but also highlight areas where improvement is needed. - In addition, this brief describes the breadth of electronic information exchange between hospitals and other providers across the care continuum
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COTA and FDA Extend Collaboration to Advance Use of Real-World Data in Cancer Research

by Jasmine Pennic 05/22/2024 Leave a Comment

COTA and FDA Extend Collaboration to Advance Use of Real-World Data in Cancer Research

What You Should Know:  - COTA, a leader in real-world data and analytics solutions, today announced a five-year extension of its research collaboration with the U.S. Food and Drug Administration's (FDA) Oncology Center of Excellence (OCE).  - The five-year extension builds upon a successful partnership established in 2018 and signifies a continued commitment to utilizing real-world data (RWD) to enhance cancer treatment and regulatory decisions. Building on a Successful
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Healthcare’s Trillion-Dollar Data Breach Crisis: Cybersecurity is a Matter of Life and Death

by Arun Shrestha, CEO and Co-Founder of BeyondID 05/22/2024 Leave a Comment

Healthcare’s Trillion-Dollar Data Breach Crisis: Cybersecurity is a Matter of Life and Death

Between January 1 and April 1, 2024, at least 16.6 million individuals were impacted by data breaches across the healthcare industry. Of those, 16.3 million - or 98 percent - were hacking/IT incidents according to the HIPAA Breach Report generated by the U.S. Department of Health and Human Services.  The financial implications of these breaches are staggering with some industry estimates the impact to top $1 trillion.     The healthcare sector has become the most
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SPRY Launches AI-Integrated EMR for Rehab Therapy

by Syed Hamza Sohail 05/22/2024 Leave a Comment

SPRY Launches AI-Integrated EMR for Rehab Therapy

What You Should Know: -              SPRY Therapeutics (“SPRY”), creator of rehab therapy’s first fully integrated, AI-powered EMR, today announced the introduction of SPRY Ally, a suite of AI-powered tools for rehab therapy. -              The tools leverage AI’s ability to continually learn as it dramatically improves the efficiency and accuracy of clinical
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Pager Partners with AXA Partners Mexico to Expedite Care Navigation

by Syed Hamza Sohail 05/22/2024 Leave a Comment

Pager Partners with AXA Partners Mexico to Expedite Care Navigation

What You Should Know: -              Pager, Inc., a leading digital healthcare enablement and care advocacy company serving 28 million members in the United States and Latin America, and AXA Partners Mexico (APM) today announced a strategic partnership that provides new capabilities to improve the experience of APM’s health assistance programs. -             
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Nanopath Awarded $4M Grant to Support Point-of-Care Molecular Diagnostics for Women’s Health

by Syed Hamza Sohail 05/22/2024 Leave a Comment

Nanopath Awarded $4M Grant to Support Point-of-Care Molecular Diagnostics for Women's Health

What You Should Know: -              Nanopath Inc., a point-of-care diagnostics company enabling high-quality molecular testing in minutes, announced today that it was awarded $4 million in federal funding. -              The company was awarded a $3 million grant from the National Institutes of Health (NIH) and a $1 million grant from the National Science
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Wysa Awarded $3.4M Grant to Develop Personalized Mental Health Support for Chronic Pain

by Fred Pennic 05/22/2024 Leave a Comment

Wysa Secures $20M for AI-Powered Mental Health Chatbot

What You Should Know:  - Wysa, a leading provider of digital mental health platforms, has been selected as a sub-awardee for a $3.4M grant from the National Institute of Mental Health (NIMH), part of the National Institutes of Health (NIH).  - The 4-year project, led by Washington University in St. Louis with Duke University as another sub-awardee, aims to develop personalized pathways for individuals managing mental health conditions alongside chronic pain. Just-in-Time
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Beacon Health System to Deploy Notable’s AI Platform to Streamline Scheduling and Improve Patient Experience

by Jasmine Pennic 05/21/2024 Leave a Comment

Beacon Health System to Deploy Notable’s AI Platform to Streamline Scheduling and Improve Patient Experience

What You Should Know:  - Beacon Health System, a healthcare provider in northwest Indiana and southern Michigan, has announced a new partnership with Notable, an AI platform focused on streamlining healthcare operations.  - The deployment of Notable’s AI platform aims to improve patient experience and access to care by automating the scheduling process for diagnostic procedures and tests. The Challenge: Scheduling Delays and Frustration Currently, when a healthcare provider
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