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Clinical Trials | News, Analysis, Insights - HIT Consultant

Notable Leverages GPT to Automate Patient Front Office Experience

by Jasmine Pennic 04/13/2023 Leave a Comment

Notable Leverages GPT to Automate Patient Front Office Experience

What You Should Know: Notable, an intelligent automation company for healthcare, launches Patient AI, a solution leveraging large language models (LLMs) and GPT (the technology powering ChatGPT) to bring personalization at scale to healthcare.Using GPT to scan existing clinical documentation, this tech can detect missed diagnoses, identify lapsed insurance cards, incorrect addresses, eligible clinical trials, or costly care gaps in real-time across an entire patient population.  How
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Biostage Raises $6M to Advance Clinical Trials

by Fred Pennic 04/07/2023 Leave a Comment

Biostage Raises $6M to Advance Clinical Trials

What You Should Know: Biostage, Inc., a cell-therapy biotechnology company with successful first-in-human experience in treating esophageal cancer and FDA approval to commence a clinical trial of the Biostage Esophageal Implant raises $6M from new and existing investors in a private placement of its shares of common stock.The funds will be used to accelerate the clinical development of Biostage’s lead product candidate, the Biostage Esophageal Implant, or BEI. The FDA has approved a
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Exec Hires: Clinical Trials Marketplace SubjectWell Appoints New CEO

by Executive Digital Health Hires 04/06/2023 Leave a Comment

Clinical Trials Marketplace SubjectWell Appoints New CEO

What You Should Know: - SubjectWell, the largest engagement platform for matching patients with chronic health conditions to new care options, announced that clinical industry veteran Fred Martin has joined SubjectWell as CEO. - Fred will joins SubjectWell during a time of growth following the company’s Series B funding in November 2022, with the goal of accelerating technical solutions and building investor relations. Fred Martin Bio Fred brings more than 25 years of experience in
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Patientory Launches Blockchain App Enabling Patients to Earn Money for Their Health Data

by Syed Hamza Sohail 04/05/2023 Leave a Comment

Patientory Launches Blockchain App Enabling Patients to Earn Money for Their Health Data

What You Should Know: Patientory Inc., the creator of a blockchain-based, HIPAA-compliant, private medical data ecosystem, announced today that it has launched two solutions–Patientory Consumer Decentralized Application-designed to help patients more efficiently and securely store and earn money from their medical data and Neith Enterprise Dashboard in partnership with Prosper Healthtech, a community-backed organization committed to equity in Birmingham offering a supportive network of
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Can Technology Live Up to Its Promise for Clinical Trials?

by Stephen Pyke, Chief Clinical Digital and Data Officer, Parexel 04/04/2023 Leave a Comment

Can Technology Live Up to Its Promise for Clinical Trials?

By creating efficiencies with technology, CROs have an opportunity to build clinical trials of the future. For many years, artificial intelligence (AI), machine learning (ML) and natural language processing (NLP) had a reputation in the biopharmaceutical industry as flashy buzzwords, with little concrete evidence to back up their promise. Over time, this lack of understanding has created drawn-out anticipation, leaving many skeptical about the true value of these tools.  As the
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Med Device AVS Raises Additional $8.8M for $28.8M Series B

by Fred Pennic 04/04/2023 Leave a Comment

Med Device AVS Raises Additional $8.8M for $28.8M Series B

What You Should Know: - AVS, an early-stage medical device company focused on safely and effectively treating severely calcified arterial disease with its PIVL™ therapy, announced today that it closed an additional $8.8 million in new financing, bringing its Series B round to $28.8 million total. - The funding will continue to support clinical trials for the company’s device for pulsatile intravascular lithotripsy (PIVL) in peripheral cases, while advancing preclinical work for an expanded
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Inato Raises $20M to Make Clinical Trials More Inclusive

by Fred Pennic 03/29/2023 Leave a Comment

Inato Raises $20M to Make Clinical Trials More Inclusive

What You Should Know: - Inato, a technology platform that connects pharma companies (trial sponsors) with community-based trial sites raises $20M in new funding (A2) led by Cathay Innovation with participation from existing investor Obvious Ventures and new investors La Maison and Top Harvest Capital. Inato works with many of the top 30 pharmaceutical companies worldwide to make clinical trials more inclusive. - The new funding will fuel Inato’s continued product innovation, international
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Genialis Raises $13M to Build Clinical Biomarkers that Predict Patient Response 

by Syed Hamza Sohail 03/29/2023 Leave a Comment

Genialis Raises $13M to Build Clinical Biomarkers that Predict Patient Response 

What You Should Know: Genialis, a computational precision medicine company unraveling complex biology to find new ways to address disease, today announced it raised more than $13 million in Series A financing to transform the way diseases are diagnosed and treatment decisions are made.Taiwania Capital and Debiopharm Innovation Fund co-led the round, with participation from previous investors First Star Ventures, Redalpine Venture Partners, and Pikas. Other new investors include P5 Health
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Accenture Report Reveals Staggering Health Inequities and the Role of US Healthcare Ecosystem in Addressing Them 

by Syed Hamza Sohail 03/24/2023 Leave a Comment

New Accenture Report Reveals Staggering Health Inequities and the Role of US Healthcare Ecosystem in Addressing Them

What You Should Know: - Health equity – or the lack thereof – is one of the biggest challenges facing US healthcare organizations today. - A new report from Accenture, US health inequity: beyond the statistics, analyzes the role US healthcare ecosystem participants can play in addressing health inequities due to race and ethnicity. The statistics are staggering.  Analysing Key Trends Concerning Health Inequities  To understand the human and economic
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Q/A: Dr. Johnson Talks Racial Disparities in Breast Cancer Care

by Syed Hamza Sohail 03/22/2023 Leave a Comment

Q/A: Dr. Johnson Talks Racial Disparities in Breast Cancer Care

What You Should Know: - A recent study published in JAMA found that conventional genomic tests commonly used for breast cancer tumors can be less accurate for Black women. This news comes at a time when Black women with breast cancer are experiencing mortality rates that are 41% higher than white women. - Dr. Nathalie Johnson, MD FACS and President of The American Society of Breast Cancer Surgeons is among numerous doctors who advocate for Agendia and its tests which look beyond race,
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