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

3 Healthcare Cybersecurity Trends to Watch in 2020

by HITC Staff 01/02/2020 Leave a Comment

Healthcare Cybersecurity Trends to Watch in 2020

The healthcare industry frequently struggles with data breaches and other cybersecurity incidents. That's likely because cybercriminals know the value of medical data. It's also problematic that healthcare information often gets passed between multiple parties and organizations, some of which may have insufficient security practices.  Attacks from malicious actors aren't ceasing, which means healthcare cybersecurity must remain a priority in 2020. But, what, specifically, should parties
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Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020

by Fred Pennic 12/31/2019 Leave a Comment

Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020

As we close out the year, we asked several healthcare industry executives to share their predictions and trends for 2020. Robbie Hughes, Founder, and CEO, Lumeon “Following the announcement of the Trump administration's price transparency requirement – and the ensuing backlash from hospital groups – the issue of price transparency will dominate the healthcare industry next year. Regardless of the outcome of the lawsuit, I expect we'll see more attention around the importance of the
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019

by Fred Pennic 12/27/2019 Leave a Comment

Kareo Sells Managed Billing Services Business to Health Prime International

- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter. Q1 M&A Activity Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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DrFirst’s Patent-Pending AI-Based Tech Solves Major Hurdles to Medication Reconciliation

by Jasmine Pennic 12/19/2019 Leave a Comment

- DrFirst announced a pending patent for AI technology today that breaks down the “prescription language barriers” between different EHRs – a crucial step in the process to avoid adverse drug events – solving a once intractable problem faced by hospitals.  - The new U.S. patented tech uses an advanced approach for applying AI to unstructured medical information to process free text into appropriate data fields of the EHRs, infer missing prescription elements based on context, and convert free
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FDA Breakthrough Status Granted for Heart Failure Algorithm by Eko

by Jasmine Pennic 12/18/2019 Leave a Comment

FDA Breakthrough Status Granted for Heart Failure Algorithm by Eko

- Eko announced the FDA has granted “breakthrough status” for an algorithm that could provide an easily accessible screening test for heart failure during routine physical exams.- This designation is awarded to novel innovations that demonstrate the potential to address unmet medical needs for life-threatening or irreversibly debilitating diseases. - Heart failure is often left untreated until it’s too late due to costs, inaccessibility to echocardiogram testing, or misdiagnosis. With nearly six
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Paige Raises $45M to Expand AI-Native Digital Pathology Ecosystem to Accelerate Biomarker Discovery

by Fred Pennic 12/18/2019 Leave a Comment

Paige Raises $45M to Expand AI-Native Digital Pathology Ecosystem

- Paige raises $45M in Series B funding  led by Healthcare Venture Partners with participation from Breyer Capital, Kenan Turnacioglu, and others.   - The funding will be used to accelerate commercial efforts of its AI-native digital pathology ecosystem in the U.S., Europe, Brazil, and Canada.    Paige, a NYC-based leader in computational pathology transforming the diagnosis and treatment of cancer, today announced it has closed its Series B funding round of $45 million, bringing the Company’s
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RSIP Vision Launches AI-Based, 3D Total Hip Replacement Solution

by Fred Pennic 12/17/2019 Leave a Comment

RSIP Vision Launches AI-Based, 3D Total Hip Replacement Solution

- RSIP Vision launches a new AI-based solution that provides a precise automated 3D structure for physicians to better plan surgery. - The new AI-based technology will create a precise fit of the new implant to best fit the patients’ body, enabling a better clinical outcome and an easier recovery.  RSIP Vision, an Israeli global provider of artificial intelligence (AI), computer vision, and image processing technology, announced today a new AI-based total hip replacement solution that
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CommonSpirit to Deploy Notable’s AI Platform to Personalize Medical Intake Experience

by Jasmine Pennic 12/13/2019 Leave a Comment

CommonSpirit to Deploy Notable’s AI Platform to Personalize Medical Intake Experience

- CommonSpiritHealth partners with Notable Health to personalize and automate the medical intake process for patients and providers to improve care quality and outcomes. - Notable's intelligent platform frees time for physicians and staff to spend with patients and shortens their workdays to help prevent burnout and increase satisfaction. - During appointments, CommonSpirit Health physicians will utilize the Apple Watch wearable technology with which they can dictate a summary of the
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Analysis: November 2019 Health IT M&A Activity, Public Company Performance

by Healthcare Growth Partners (HGP) 12/06/2019 Leave a Comment

Analysis: November 2019 Health IT M&A Activity, Public Company Performance

– Healthcare Growth Partners' (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of November 2019We did a doubletake when we noticed all of the HGP healthcare indices climbed approximately 10% during the month of November.  Year-to-date, the S&P 500 is up over 25% and the HGP healthcare indices are all hovering in that range.  In the two month period since September, when talk of universal healthcare reached
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Philips, Paige Partner to Deliver Clinical Grade AI Apps to Pathology Laboratories

by Jasmine Pennic 12/05/2019 Leave a Comment

Philips, Paige Partner to Deliver Clinical Grade AI Apps to Pathology Laboratories

- Philips and Paige form a strategic partnership to deliver AI-based  cancer assessment tools are poised to help pathologists improve speed and accuracy of cancer diagnostics, ultimately leading to better patient care. - Philips IntelliSite Pathology Solution in combination with Paige Prostate aims to provide an intuitive digital & computational pathology workflow experience. Philips plans to offer the CE-marked Paige Prostate to European pathology labs in 2020.Philips today announced a
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