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Health IT | News, Analysis, Insights - HIT Consultant

Oncoustics Raises $5M for AI-Driven Point-of-Care Diagnostics

by Syed Hamza Sohail 07/22/2022 Leave a Comment

Oncoustics Raises $5M for AI-Driven Point-of-Care Diagnostics

What You Should Know: - Oncoustics, San Francisco, CA-based ultrasound-based tissue characterization solutions announces the initial close of a $5 million+ seed round of funding to advance its SaMD (software as a medical device) technology for the low-cost assessment of structural diseases at the point of care. - Oncoustics’ first products will focus on liver disease, one of the fastest-growing causes of morbidity and mortality in the world. The round is co-led by Creative Ventures
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The Infrastructure Needed to Meet Health Interoperability Needs

by Kristen Ballantine, VP of Government Relations at Gainwell 07/21/2022 Leave a Comment

The Infrastructure Needed to Meet Health Interoperability Needs

For most patients, it has always been extremely difficult to their personal health and medical data electronically. However, with the CMS Interoperability and Patient Access Final Rule, consumers, specifically Medicaid members, there is a greater push to give access to, and ownership of, this data.  With this move towards interoperability comes new requirements healthcare organizations must meet and adhere to under the rule. To meet many of these federal interoperability requirements,
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New Study Links One Drop’s AI-Powered Blood Glucose Forecasts to Better Engagement and Diabetes Outcomes

by Syed Hamza Sohail 07/20/2022 Leave a Comment

Bayer, One Drop Launches AI-Enabled Cardiovascular Disease Module

What You Should Know: - One Drop, a leader in precision health solutions for people living with diabetes and other chronic conditions,  announced outcomes from a retrospective cohort study published in the Journal of Medical Internet Research (JMIR) on the effects of its novel AI-powered blood glucose (BG) forecasting feature. - In the present study, cohort members using One Drop's glucose forecasting feature were more likely to log glucose values in the app than those
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Only 22% of Health Systems Have A Custom Mobile Engagement Platform

by Syed Hamza Sohail 07/20/2022 Leave a Comment

Only 22% of Health Systems Have A Custom Mobile Engagement Platform

What You Should Know: - Nine out of ten healthcare executives believe a well-designed, consumer-facing mobile app would help their organization achieve its digital strategy goals, according to a recent survey commissioned by Gozio Health, a location-aware mobile engagement platform provider. - 82% of health system executives plan to increase investment in patient-facing mobile technology over the next three years. The Role of Digital Platforms in Healthcare A survey of 272 health
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Curana & Innovaccer Partner to Improve Outcomes for Senior Living Communities

by Jasmine Pennic 07/19/2022 Leave a Comment

Curana & Innovaccer Partner to Improve Outcomes for Senior Living Communities

What You Should Know: - Today, Innovaccer Inc., the Health Cloud company, announced that Curana Health is partnering with Innovaccer to build a leading edge value-based care solution to support delivery of exceptional care quality at the lowest possible cost for one of healthcare’s highest risk populations: residents in senior living communities across the country. - Together, Curana Health and Innovaccer will build an industry-leading value-based-care toolkit using the Innovaccer Health
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Inovalon Launches Race & Ethnicity Data Enrichment Offering for Health Plans

by Jasmine Pennic 07/19/2022 Leave a Comment

Inovalon Launches Race & Ethnicity Data Enrichment Offering for Health Plans

- What You Should Know:  Inovalon, a provider of cloud-based software solutions empowering data-driven healthcare unveils a new data enrichment offering that allows health plans to improve the completeness and accuracy of race and ethnicity data for their members. - By using algorithms uniquely available through the  Inovalon ONE® Platform, the new offering fills in information gaps that can lead to care disparities across member populations and helps
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Healthie Raises $16M to Enable Infrastructure Platform for Digital Health Companies

by Fred Pennic 07/19/2022 Leave a Comment

Healthie Raises $16M to Enable Infrastructure Platform for Digital Health Companies

What You Should Know: - Healthie, a New York City-based infrastructure platform for digital health companies raises $16M in an oversubscribed Series A round led by Velvet Sea Ventures with participation from Greymatter Capital, Watershed, Builders VC and a customer syndicate. - Over 60 angels with deep healthcare and tech experience also participated in the financing, including Roushan Zenooz, Executive Chairman of Primary Health, B12 CEO Nitesh Banta, Rafid Fadul, former CMO at Wheel
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Cornerstone AI Raises $5M to Solve Healthcare’s Data Problem

by Syed Hamza Sohail 07/18/2022 Leave a Comment

Cornerstone AI Raises $5M to Solve Healthcare’s Data Problem

- Cornerstone AI, a new company solving healthcare’s data challenges to improve research and care, publicly launched its first-of-its-kind AI platform. - The company also announced a $5M seed round led by Healthy Ventures. The funding marked the first investment for Initiate’s affiliated fund, Initiate Ventures. Healthy Ventures General Partner Anya Schiess and Initiate’s Rowan Chapman and lana Dimkova have joined Cornerstone’s board of directors. Funds will be used to further product
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Executive Roundtable: Can Innovation Alleviate Clinician Burnout?

by Fred Pennic 07/18/2022 Leave a Comment

Physician Burnout Report: Understanding The Impact of Burnout on Healthcare Executives

The U.S. Surgeon General’s recent advisory about clinician burnout cited numerous societal, cultural, structural, and organizational causes—including excessive workloads, administrative burden, and lack of organizational support. The potential fallout of this trajectory is alarming: The advisory cites the Association of American Medical Colleges’ estimate on clinician demand outpacing supply, with an anticipated shortage of between
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Canvas Medical Raises $24M for EMR & Payments Platform

by Syed Hamza Sohail 07/18/2022 Leave a Comment

Canvas Medical Raises $24M for EMR & Payments Platform

What You Should Know: - Canvas Medical, the EMR that enables clinicians and developers to power the future of care delivery, has raised $24M in Series B funding led by M13 with participation from Haystack and previous investors Inspired Capital, IA Ventures, Upfront Ventures, and Irongrey. - In addition to this funding, Canvas has achieved federal certification through the Office of the National Coordinator for Health Information Technology (ONC).  A Full-Stack Ambulatory EMR and
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