What You Should Know:
- The U.S. Department of Health and Human Services (HHS) launches a new $50M venture capital partnership with nonprofit organization Global Health Investment Corporation (GHIC) to accelerate development and commercialization of technologies and medical products needed to respond to or prevent public health emergencies, such as pandemics, and other health security threats
- Through the BARDA Ventures program, the Biomedical Advanced Research and Development
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Health IT | News, Analysis, Insights - HIT Consultant
Can Technology Improve How We Treat (or Prevent) Chronic Conditions?
The prevalence of chronic disease in the United States will increase over the next several decades among all age groups, as will the associated care costs, and physical, mental and social consequences. Major obstacles to effective chronic care management (CCM) include:
- Patients rarely suffer from a single chronic condition at the time of their diagnosis1. They are given multiple prescriptions and treatments with differing instructions and guidance, which is overwhelming and can lead to
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Olive, ASUS Partner to Bring AI-Assisted Medical Coding to 775+ Hospitals
What You Should Know:
- Olive and ASUS announced their partnership to bring AI-assisted medical coding to over 775 U.S. hospitals. Olive will bring ASUS Miraico, the AI medical coding assistant, to healthcare providers via the Olive Helps platform.
- The addition of Miraico to the Olive Helps system will allow the AI to analyze clinical terms in medical records
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PE Firm Frazier Healthcare Partners Closes $1.4B Growth Buyout Fund
What You Should Know:
- Frazier Healthcare Partners, a Seattle-based healthcare private equity firm announced the close of its tenth global buyouts fund and 13th fund across buyouts and life sciences. Investment focus will continue to be middle market provider-based businesses, with virtual health as a major component. The oversubscribed $1.4 billion fund, FHGB X, is significantly larger than FHGB IX, which closed at $780M in 2018.
- Frazier, 30 years strong this year,
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Can Blockchain-Enabled Telehealth Uphold the Sovereignty of Physicians?
The COVID-19 pandemic has highlighted yet again the immensely important role played by healthcare professionals across the globe, but it has also presented immeasurable challenges to physicians themselves. As frontline workers, they are placing their lives at risk day in, day out, to ensure the health of their patients. Face-to-face assessments during a pandemic can be a perilous situation for both physicians and patients alike: a study undertaken by the University of Pennsylvania Medical Centre
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UCSF, Philips Partner to Enhance Digital Patient Experience & Interoperability
What You Should Know:
- Today, Philips announced its collaboration with the University of California, San Francisco (UCSF) to develop technology that will enable a more streamlined patient experience and set a new standard for healthcare delivery.
- As part of the strategic collaboration, UCSF will use Philips HealthSuite Digital Platform to enable patient care personalization and make it easier for patients to select providers, access their health information and receive virtual
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HCA Healthcare Taps Google Cloud to Create New Health Data Analytics Platform
What You Should Know:
- HCA Healthcare, one of the nation’s leading healthcare providers, is partnering with Google Cloud to help create a secure health data analytics platform.
- The partnership will leverage HCA Healthcare’s 32 million annual encounters to identify opportunities to improve clinical care. Note that privacy and security are guiding principles of the partnership, and Google Cloud will not have
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RelayHealth, McKesson Rx Automation, RxCrossroads Unifies Under CoverMyMeds Brand
What You Should Know:
- Today, CoverMyMeds announced that RelayHealth, McKesson Prescription Automation, CoverMyMeds, and RxCrossroads by McKesson have unified as one business and one team under the CoverMyMeds brand.
- Together, the technology innovation and robust connections to providers, pharmacies, payers, and biopharma provided by RelayHealth and CoverMyMeds; RxCrossroads’ deep therapeutic and drug commercialization expertise; and McKesson Prescription Automation’s
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Imprivata Launches First-to-Market Mobile Facial Recognition Solution
What You Should Know:
- Imprivata®, the digital identity company for healthcare, together with technology partners Aware and IDEMIA, today introduced an innovative mobile facial recognition solution, taking advanced security technology and enhancing and simplifying it for application to unique healthcare requirements.
- The solution enables seamless self-enrollment by the prescribers for electronic prescriptions for controlled substances (EPCS). This innovative facial recognition solution
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Medtronic Secures 2 CE Mark Approvals for Guardian 4 Sensor & For InPen MDI Smart Insulin Pen
What You Should Know:
- Today Medtronic announced multiple CE Marks for a portfolio of diabetes products that will launch in Europe later this year. This includes InPen and Guardian 4 sensor which requires no fingersticks
- . The new CE Marks also allow for this next generation sensor to be integrated with either MiniMed 780G or InPen or for stand-alone CGM use as well.
InPen MDI Smart Insulin Pen
The InPen is the first and only smart insulin pen approved in Europe that's
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