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Healthcare Algorithms | News, Analysis, Insights - HIT Consultant

Seed Health Acquires Auggi’s Stool Recognition AI Tech & Algorithms

by Jasmine Pennic 02/12/2021 Leave a Comment

Seed Health Announces Acquisition of Digital Health Company Augg

What You Should Know: - Seed Healthv, a microbial sciences company, announced the acquisition of Auggi, a digital health company with a suite of artificial intelligence and machine learning technologies to track and analyze digestive health. - As part of the acquisition, Seed Health will acquire Auggi's technology assets, including its AI algorithm for real-time Bristol stool typing, the world's largest stool image database, and a mobile monitoring application for clinical research. -
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SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman

by Fred Pennic 02/05/2021 Leave a Comment

SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman

What You Should Know: - Compute Health Acquisition, a SPAC company targeting the intersection of computation and healthcare announced the pricing of its $750M initial public offering (IPO) by offering 75 million units at $10.  Compute Health Acquisition Corp. (the “Company”), a SPAC “blank check” company announced today that it priced its initial public offering of 75,000,000 units at $10.00 per unit. The units will be listed on The New York Stock Exchange (“NYSE”) and trade under the
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HealthTensor Secures $5M to Scale AI-Powered Medical Diagnosis Platform

by Fred Pennic 02/02/2021 Leave a Comment

HealthTensor Secures $5M to Scale AI-Powered Medical Diagnosis Platform

What You Should Know: - HealthTensor, an LA-based startup that uses AI to ensure no medical diagnoses are overlooked, has raised $5 million to scale operations. - To date, HealthTensor has helped physicians write more than 2,000 notes and has identified overlooked medical conditions in 95% of cases. HealthTensor, an LA-based artificial intelligence digital health startup that is creating software to help augment medical decision making, announced today that it has raised a $5 million
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Volpara Acquires Breast Cancer Risk Assessment Platform CRA Health for $18M

by Fred Pennic 02/02/2021 Leave a Comment

Volpara Acquires Breast Cancer Risk Assessment Platform CRA Health for $18M

What You Should Know: -  Volpara Health, an integrated breast care platform assisting in the delivery of personalized patient care has acquired breast cancer risk assessment platform CRA Health. - CRA Health, LLC, is a breast cancer risk assessment company spinoff from Massachusetts General Hospital — a Harvard Medical School teaching hospital. Today the company delivers more than two million assessments annually to women’s imaging clinics. - CRA software is cloud-based
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Why CMS Will Lead the 2021 Kidney Care Revolution

by Chris Riopelle, CEO of Strive Health 01/27/2021 Leave a Comment

Why CMS Will Lead the 2021 Kidney Care Revolution

After an unprecedented year, kidney care providers, including nephrologists, dialysis facilities, and care extenders are expecting 2021 to follow suit. We will see an overhaul in reimbursement and major industry shifts, partly led by CMS, that will require providers to advance their capabilities in a way that will usher in more widespread innovation. These new models encourage a shift in treatment approach that will deliver earlier interventions and better outcomes.  The following are
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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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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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