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AI in Healthcare| AI Impact for Researchers, Clinicians| Policy, News, Analysis, Insights - HIT Consultant

Sharecare Acquires AI-Enabled Digital Transformation Platform doc.ai

by Fred Pennic 01/28/2021 Leave a Comment

Sharecare Acquires AI-Enabled Digital Transformation Platform doc.ai

What You Should Know: - Sharecare acquires doc.ai to expand its engineering expertise, accelerate digital transformation of healthcare through innovative AI platform for an undisclosed sum. - Founded in 2016, the company licenses AI modules and creates products for a portfolio of clients, including payers, pharma and providers. - As part of the acquisition, Anthem will now become a strategic partner with Sharecare. Sharecare, the digital health company that helps people manage all
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GetWellNetwork Acquires Consumer Engagement Platform Docent Health

by Fred Pennic 01/28/2021 Leave a Comment

GetWellNetwork-Acquires-Docent-Health

What You Should Know: - GetWellNetwork is acquiring Docent Health, a digital health company. Docent provides a patient engagement platform used by healthcare organizations to coordinate personalized care at scale through AI-enabled communication technology. - The acquisition advances GetWellNetwork's mission to empower patients and families to be more active participants in their care, and extends important health programs for disadvantaged populations and those suffering health
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DarioHealth Acquires Musculoskeletal Solution Upright for $31M

by Fred Pennic 01/27/2021 Leave a Comment

DarioHealth Acquires Musculoskeletal Solution Upright for $31M

What You Should Know: - DarioHealth, a Livongo competitor acquires musculoskeletal startup Upright for $31 million to expand their chronic condition management capabilities focused on driving behavior change rather than treating the acute problem. This move will more than double revenue and create one of the largest integrated digital health companies in the space. In addition, DarioHealth rasiess $70 million through a private placement of its common stock priced at the market pursuant to
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How Automation is Key to the Future of Healthcare Operations

by Giri Rajaiah, Executive Leader, Vice President, Healthcare & Life Sciences, DISYS 01/27/2021 Leave a Comment

How Automation is Key to the Future of Healthcare Operations

As the saying goes, necessity is the mother of invention. A similar correlation is seen in the quest to leverage innovation and out-of-the-box thinking to address key problems facing the healthcare industry. The ongoing COVID-19 pandemic has brought the immense pressure the U.S. healthcare system is under into sharp focus. Recent dynamics are compounded by the industry’s efforts to adopt newer ways of working and digitizing patient records, while implementing automation throughout their business
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From Analog to Digital Neurology: 3 Steps to Better Inform Patient Care

by Dr. Nandor Pinter, Director of Neuroimaging Research, DENT Institute & Dr. Murray Gillies, General Manager of Digital Cognitive Dx Venture, Philips 01/26/2021 Leave a Comment

From Analog to Digital Neurology: 3 Steps to Better Inform Patient Care

The field of neurology is at an inflection point. With a growing aging population, neurologists are facing an increasing number of patients needing care, and the pent-up demand for services due to COVID-19 only exacerbates this issue. The pressure on neurologists is enormous, with surveys indicating excessive stress caused by inefficient workflow and mounting paperwork 1,2. It is becoming increasingly clear that the traditional analog neurological exam and referral system is overwhelmed, and
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Intelligent Automation of the Revenue Cycle: How an Integrated Platform Approach Yields Financial Results

by Sean Barrett, Senior Vice President, Product and Digital Transformation, R1 RCM 01/25/2021 Leave a Comment

Intelligent Automation of the Revenue Cycle: How an Integrated Platform Approach Yields Financial Results

Healthcare provider networks are experiencing enormous pressure to manage financial margins and invest in contactless patient experiences. With overall financial losses projected to exceed $323 billion as a result of COVID-19, a projected $200 billion in administrative waste due to revenue cycle inefficiencies, and increasing pressure to meet digital consumerism demands, it is essential for health systems to find ways to streamline processes, maximize their revenue cycles and cut costs. These
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Boston Scientific Acquires Remote Cardiac Monitoring Company Preventice Solutions for $1.2B

by Fred Pennic 01/21/2021 Leave a Comment

Boston Scientific Acquires Preventice Solutions for $925M in Cash

What You Should Know: - Boston Scientific announces an agreement to acquire Preventice Solutions, a leading developer of mobile health solutions and remote monitoring services that connect patients and caregivers for $1.2B. - The acquisition of external cardiac monitoring technologies and services providers will expand Boston Scientific’s rhythm management diagnostics portfolio and capabilities. Boston Scientific today announced that it has acquired Preventice Solutions, Inc., a
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Challenges of Operationalizing Remote Patient Monitoring Data

by Roberto Martinez, President, Mexico, Encora 01/21/2021 Leave a Comment

Challenges of Operationalizing Remote Patient Monitoring Data

Among the many evolving technologies in the healthcare industry, there may be none more important or impactful than remote patient monitoring (RPM) hardware and software solutions. This technology is opening up new possibilities in extended healthcare – saving patients money, limiting visits to the doctor’s office, and providing healthcare professionals with powerful tools for diagnosing and treating patients. As these tools continue to mature, software and hardware developers are solving
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Tyto Care Launches FDA-Cleared Fingertip Pulse Oximeter Medical Device

by Jasmine Pennic 01/20/2021 Leave a Comment

COVID-19 Spikes Deaconess Health Adoption of Remote Medical Exams

What You Should Know: - Tyto Care announces the launch of its fingertip Pulse Oximeter device, allowing users to measure their own blood oxygen saturation level and heart rate from the comfort and safety of home. - Expanding its clinic-quality remote capabilities, TytoCare users will be able to perform a remote blood oxygen exam, allowing clinicians to better monitor patients with COVID-19 and chronic lung or heart conditions.  Tyto Care, a New York City-based all-in-one modular
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Biobeat Launches Home-Based Remote Patient Monitoring Kit

by Fred Pennic 01/20/2021 Leave a Comment

Biobeat Launches Home-Based Remote Patient Monitoring Kit

What You Should Know: - Today, Biobeat, developer of AI-powered remote patient monitoring solutions, announced the launch of its home patient monitoring kit. - The kit, which includes chest-monitors, compatible adhesive units, and a user-friendly manual, allows healthcare providers to bring hospital-level care to patient homes by empowering health staff and patients with proven wearable AI-powered remote patient monitoring technology. Biobeat, an Israeli-based continuous remote
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