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Health IT | News, Analysis, Insights - HIT Consultant

TailorMed Raises Additional $5M to Close $25M Round for Patient Financial Navigation Platform

by Jasmine Pennic 09/29/2021 Leave a Comment

TailorMed Raises Additional $5M to Close $25M Round for Patient Financial Navigation Platform

What You Should Know: – TailorMed Medical Ltd., a New York City-based patient financial navigation technology company, today announced it has raised an additional $5M of funding, increasing the overall investment to $25 million. The new strategic investors, American Cancer Society’s impact investment fund, BrightEdge, OSF Healthcare’s corporate investment arm, OSF Ventures, and Citi via their Citi Impact Fund, seek to reduce medical costs through TailorMed’s platform across all treatments and
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4 Ways 5G is Transforming Healthcare & Patient Care

by Bent Philipson, Founder of Philosophy Care 09/29/2021 Leave a Comment

4 Ways 5G is Transforming Healthcare & Patient Care

We hear a lot about 5G technology, but for many of us, it's link to our lives goes as far as our smartphones and mobile service providers. But to think that 5G technology is only valuable for making our data speeds faster is like saying that electricity is great because it allows us to read books before bed. Sure, both are favorable side effects, but the impacts of each invention are far more widespread than that. A lot of industries have been disrupted by 5G technology — the video game
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M&A: MMIT/Evaluate Acquires Healthcare Analytics Company Panalgo

by Fred Pennic 09/29/2021 Leave a Comment

M&A: MMIT/Evaluate Acquires Healthcare Analytics Company Panalgo

What You Should Know: - Panalgo, a leading healthcare analytics company, has been acquired by MMIT and Evaluate, which joined forces last month to become a $1.6 billion global pharma commercial intelligence provider.  Panalgo provides software that streamlines healthcare data analytics by removing complex programming from the equation. Panalgo's Instant Health Data (IHD) software empowers teams to generate and share trustworthy results faster, enabling more impactful decisions - With
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UArizona Awarded $60M to Launch Precision Aging Network

by Fred Pennic 09/28/2021 Leave a Comment

UArizona Awarded $60M to Launch Precision Aging Network

What You Should Know: - The University of Arizona has been awarded a five-year $60 million grant from the National Institutes of Health to create and lead a Precision Aging Network that could transform the way we think about the aging brain. - The network will bring together researchers from across the country to better understand how and why people experience brain aging differently, with the ultimate goal of developing more effective treatments and interventions targeted to the
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NovaSignal Secures $37M for Capture Blood Flow Data in Real-Time

by Fred Pennic 09/28/2021 Leave a Comment

NovaSignal Secures $37M for Capture Blood Flow Data in Real-Time

What You Should Know: -  NovaSignal Corp., a Los Angeles-based medical technology and data company specializing in the assessment and management of brain health, announced today it has closed $37M in a Series C1 round of funding led by Alpha Edison and Reimagined Ventures. - By applying robotics and artificial intelligence to cerebral ultrasound, NovaSignal uniquely captures blood flow data in real time. The NovaSignal Platform empowers the clinical team with critical, real-time
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4 Trends in Senior Care Critical for the Future of Interoperability

by Jeremy Delinsky, Chief Operating Officer of Devoted Health 09/28/2021 Leave a Comment

4 Trends in Senior Care Critical for the Future of Interoperability

When America’s seniors went to their first doctor’s appointment, they couldn’t have imagined that their health history would be stored anywhere but in a manila folder. Now, nine out of every 10 physicians use electronic health records (EHRs), and patient's health data lives on cloud servers. Though we’ve certainly come a long way from handwritten notes in filing cabinets, electronic health data still often exist in silos, and that can make caring for our aging population difficult. Consider
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Unity Health to Deploy Meditech Expanse Platform Across Network

by Jasmine Pennic 09/28/2021 Leave a Comment

Unity Health to Deploy Meditech Expanse Platform Across Network

What You Should Know: - Unity Health, the leading healthcare provider in an eight-county area, is pleased to announce they have chosen to implement MEDITECH Expanse across their entire organization. - In addition, Unity Health will implement MEDITECH Expanse Oncology to expand and optimize their cancer treatment offerings with evidence-based plans that support multidisciplinary ordering. To maximize ROI, Unify Health will leverage MEDITECH Professional Services to complement the
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Grand Rounds Health, Doctor on Demand Launch Coalition to Address Health Disparities in the Black Community

by Jasmine Pennic 09/27/2021 Leave a Comment

Grand Rounds Health, Doctor on Demand Launch Coalition to Address Health Disparities in the Black Community

What You Should Know: - Grand Rounds Health and Doctor On Demand, the leader in integrated virtual care and navigation, today announced a solution designed to help remove barriers to care for the Black community. Developed using insights from an innovation coalition of Global and Fortune 500 companies, the product will be the first dedicated care concierge and healthcare navigation platform focused on improving the healthcare experience and advancing health equity for Black Americans. The
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Socially Determined, DataGen Partner to Bring SDoH Insights to Hospitals and Health Systems

by Jasmine Pennic 09/27/2021 Leave a Comment

What You Should Know: - Socially Determined, the Social Risk Intelligence™ company for organizations committed to addressing the social determinants of health, today announced it has entered into a strategic partnership with DataGen, the healthcare analytics company that 48 state hospital associations, and their members, trust to deliver insights on payment policy changes, value-based programs and market dynamics. Through this partnership, Socially Determined will enrich the insights and
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Hospital at Home: Aligning Provider Needs with Patient Wishes

by Arik Ben Ishay, CEO & Co-Founder of Biobeat 09/23/2021 Leave a Comment

Hospital at Home: Aligning Provider Needs with Patient Wishes

2020 saw three factors combine to define the future of “Hospital at Home” care in a way that will become a new care reality over the coming years. Changing Patient Attitudes Patients became more reluctant and concerned about going to hospitals. The fear of contracting illnesses such as Healthcare Acquired Infections (HAIs), like sepsis, is a real and legitimate concern. While the number of patients has been declining, around 100,000 people die each year in the US from contracting an HAI in
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