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Health IT | News, Analysis, Insights - HIT Consultant

Theator Nabs $15.5M to Scale AI-Driven Surgical Intelligence Platform

by Fred Pennic 02/09/2021 Leave a Comment

Theator Nabs $15.5M to Scale AI-Driven Surgical Intelligence Platform

What You Should Know: - Theator raises $15.5M in Series A funding to support the company’s mission of using AI and computer vision to eradicate disparity and variability in surgical care. - The startup plans to use this round to scale its commercial operations and partnerships with U.S. providers, grow its R&D team and cement its status as a world-leading provider of AI-powered Surgical Intelligence solutions. Theator, a Palto Alto,
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Why Cancer Registries are Part of America’s Fight for Racial Equality

by Warren A Whyte, Ph.D., VP Scientific Partnerships at ConcertAI 02/09/2021 Leave a Comment

Why Cancer Registries are Part of America’s Fight for Racial Equality by Warren A Whyte, Ph.D.,

According to a 2019 study in the Proceedings of the National Academy of Sciences, one in 1,000 Black males can expect to die at the hands of the police. Black males were also 2.5 times more likely to die during an encounter with police than white males. For some, those figures are staggering. For many others, they are reminders of the racial disparities that have existed for far too long in this country. So, in 2020, when recent events have brought racial injustice back into the national
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How Will Philips Acquisition of BioTelemetry Impact The Cardiac Monitoring Market?

by Kelly Patrick, Principal Analyst at Signify Research 02/09/2021 Leave a Comment

M&A: Philips Acquires Remote Cardiac Monitoring Platform BioTelemetry for $2.8B

At the end of December 2020, Philips announced the planned acquisition of BioTelemetry for $2.8 billion in cash. - BioTelemetry was formed in 2013 after a series of acquisitions from the initial founding company CardioNet, Inc. - CardioNet, Inc. based in San Diego, USA was initially founded in 1994. - After a multitude of acquisitions in recent years, BioTelemetry has established itself as a leading cardiac powerhouse, specializing in mobile and wireless medical technology. After this
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Nuance Acquires Ambient AI Assistant for Physicians Platform Saykara

by Jasmine Pennic 02/08/2021 Leave a Comment

Nuance Acquires Ambient AI Assistant for Physicians Platform Saykara

What You Should Know: - Nuance acquires ambient AI healthcare voice assistant Saykara, Inc. to bring complementary AI technology and engineering talent to conversational AI and ambient clinical intelligence market leader. - Kara’s AI-powered healthcare voice assistant can be used during a physician-patient encounter without any voice commands, promising to eliminate up to 100% of after-hours charting and records entry Nuance Communications, Inc. today announced the acquisition of
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Verily and Janssen Launch COVID-19 Immune Response Study

by Fred Pennic 02/08/2021 Leave a Comment

What You Should Know: - Verily and Janssen launches COVID-19 Immune Response Study that aims to collect detailed information about how the coronavirus affects the immune system immediately after someone tests positive for COVID-19. Verily, an Alphabet company, is partnering with Janssen Research & Development LLC (Janssen) to launch a COVID-19 Immune Response Study as part of Verily’s Project Baseline. The study aims to collect detailed information about how the coronavirus affects
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Experian Health, Epic Partner to Address COVID-19 Identity Verification Challenges

by Jasmine Pennic 02/08/2021 Leave a Comment

Experian Health, Epic Partner to Address COVID-19 Identity Verification Challenges

What You Should Know: -Experian Health is partnering with Epic to expedites access to Precise ID® for Epic customers to address COVID-19 identity verification challenges.   - Collaboration aims to accelerate vaccination efforts with swift implementation and touchless identity proofing for high volume immunization programs. As part of its ongoing efforts to assist the healthcare industry with pandemic-related challenges through the power of data and
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Lyft Launches Enhanced Concierge In-App Experience for Healthcare

by Fred Pennic 02/08/2021 Leave a Comment

Lyft Launches Enhanced Concierge In-App Experience for NEMT

What You Should Know: - Lyft launches enhanced Lyft Concierge experience within the rider app like streamlined, multi-language support and advanced security — through their Lyft app account, if they have one. Lyft Business, today announced the launch of enhanced Lyft Concierge experience with advanced safety features and an enhanced experience when they open their rides in the Lyft app. Lyft Concierge enables organizations to schedule and cover the cost of a ride on behalf of a
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Executive Hires: Walgreens Appoints New CEO, Cityblock Health, Innovaccer, Others

by Jasmine Pennic 02/05/2021 Leave a Comment

Walgreens CEO Rosalind Brewer Steps Down, Interim CEO Appointed

Walgreens appoints Rosalind (Roz) Brewer as the company’s Chief Executive Officer, effective on March 15, 2021. Brewer will also join the WBA Board of Directors upon assuming the role. She succeeds Stefano Pessina who, as previously announced, will transition to the role of Executive Chairman of the Board of WBA. Brewer, 58, will become the first Black woman to lead a Fortune 500 company. Former Livongo President, Jennifer Schneider, has joined Cityblock Health’s Board of
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Healthcare Can Save $16.3B Automating Administrative Transactions, Report Finds

by Jasmine Pennic 02/05/2021 Leave a Comment

Healthcare Can Save $16.3 Billion Automating Administrative Transactions, Report Finds

What You Should Know: - Each year, the US healthcare industry spends $39 billion on 9 administrative transactions, according to a new report from CAQH. - The 2020 CAQH Index also uncovered that by automating these transactions, the industry could save $16.3 billion annually--a 42% cost reduction. CAQH, released the eighth annual report measuring the progress made by healthcare payers and providers in automating administrative transactions. The 2020 CAQH Index found that, of
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6 HIEs Form New Consortium to Drive Population Health Improvements Via Data Sharing Interoperability

by Fred Pennic 02/04/2021 Leave a Comment

6 HIEs Form New Consortium to Drive Population Health Improvements Via Data Sharing Interoperability

What You Should Know: - A group of six health information exchanges (HIE) announced today their formation of the Consortium for State and Regional Interoperability (CSRI). - The 501(c)(3) CRSI aims to help drive individual and population health improvements across the nation through robust and innovative sharing of health information. - Collective, CRSI connects over 80 million records for patients across several states and provide a wide range of services to healthcare
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Beyond the Hype: Building AI Systems in Healthcare Where Hallucinations Are Not an Option

Beyond the Hype: Building AI Systems in Healthcare Where Hallucinations Are Not an Option

Health IT Sector Navigates Policy Turbulence with Resilient M&A

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PwC Report: US Medical Cost Trend to Remain Elevated at 8.5% in 2026

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Philips Launches ECG AI Marketplace, Partnering with Anumana to Enhance Cardiac Care with AI-Powered Diagnostics

Philips Launches ECG AI Marketplace, Partnering with Anumana to Enhance Cardiac Care with AI-Powered Diagnostics

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