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Clinical Trials | News, Analysis, Insights - HIT Consultant

UCSF, Fortanix, Intel, Microsoft Team Up to Accelerate Development of Clinical AI Algorithms by 1000X

by Fred Pennic 10/12/2020 Leave a Comment

UCSF, Fortanix, Intel, Microsoft Team Up to Accelerate Development of Clinical AI Algorithms by 1000X

What You Should Know: - UCSF, in partnership with Fortanix, Intel, and Microsoft, will announce BeeKeeperAI, a Privacy-Preserving Analytics Platform that will accelerate the development of clinical AI algorithms by 1000X (from 30 months to 1 day). - This will help get life-saving clinical applications to all patients faster, such as predicting the need for blood transfusions or detecting tumors on X-rays, while maintaining patient privacy using Confidential Computing technology. UC
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Medable Launches TeleConsent for Clinical Trials to Streamline Approvals During Decentralized Trials

by Jasmine Pennic 09/22/2020 Leave a Comment

Medable Launches TeleConsent for Clinical Trials to Streamline Approvals During Decentralized Trials

What You Should Know: - Medable launches Teleconsent, part of its Telehealth family of cloud-based software for decentralized clinical trials. - The application represents the next big step in enabling fully virtual trials and is key to patient-centric trial design because it allows patients to handle the lengthy process of consenting – and re-consenting – to trial participation conveniently from anywhere. Medable Inc., a software provider for decentralized clinical trials,
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Dept. of Defense and Philips Partner on AI Tech to Contain COVID-19

by Fred Pennic 09/22/2020 Leave a Comment

Dept. of Defense and Philips Partner on AI Tech to Contain COVID-19

What You Should Know: - Today, Philips, in partnership with the U.S. Department of Defense, announced plans to expand their research on an AI-based early warning system for infectious disease, opening new possibilities in the battle to contain COVID-19. - An application of their joint Rapid Analysis of Threat Exposure (RATE) project, the technology aims to provide early alerts of potential infection, ensuring troop readiness and protection against
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Analysis: August Health IT M&A Activity; Public Company Performance

by Healthcare Growth Partners (HGP) 09/10/2020 Leave a Comment

Analysis: August 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 August 2020. M&A is back and the velocity of the rebound has outpaced all expectations.  The recovery quickly worked its way across the spectrum from large to small-cap, beginning with the larger cap NASDAQ rally of nearly 80% from lows in late March (only to soften in recent days), followed by multi-billion
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Why EHR Interoperability is Critical for Telehealth

by Khalid Al-Maskari, CEO at Health Information Management Systems (HiMS) 09/02/2020 Leave a Comment

Fear of Changing EHRs? Here’s What You Should be Concerned About

Telehealth has recently taken off as a way to prevent the spread of the novel coronavirus, but even though telehealth has been around for several years, clinics had difficulty adopting it pre-COVID-19. This caused clinics to not view telehealth as a viable option, and it was often seen as a last resort approach to healthcare.  As reducing the spread of COVID-19 became paramount, Medicare and Medicaid were forced to develop telehealth service codes, and clinics were tasked with finding an
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Castor Raises $12M to Advance COVID-19 Research Through Clinical Trial and Data Automation

by Fred Pennic 08/19/2020 Leave a Comment

Castor Raises $12M to Advance COVID-19 Research Through Clinical Trial and Data Automation

What You Should Know: - Castor raises $12M in Series A funding to further their support for COVID-19 research through clinical trial and data automation. - With 4,000 live studies and 2,000,000 enrolled patients across 90 countries, Castor will use the funding to further invest in enabling patient-centric, data-powered clinical trials. Castor, a Hoboken, New Jersey startup using automation and data reuse to simplify the entire clinical trial process, announced $12M in Series A
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Mission Bio Lands $70M to Expand Cancer Therapies With Single-Cell Multi-Omics Platform

by Jasmine Pennic 08/13/2020 Leave a Comment

Mission Bio Lands $70M to Expand Cancer Therapies With Single-Cell Multi-Omics Platform

What You Should Know: - Mission Bio raises $70 million in Series C funding led by Novo Growth to accelerate the development of cancer therapies with single-cell multi-omics. - Mission Bio’s Tapestri Platform, the first single-cell platform capable of detecting DNA and protein changes simultaneously, gives a profound insight into the mutations that drive disease to accelerate the development of novel treatments and save patient lives.  Mission Bio, Inc., a South San Francisco,
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FDA, Syapse Expand Research to Generate Real-World Data Related to COVID-19 and Cancer

by Jasmine Pennic 08/11/2020 Leave a Comment

FDA, Syapse Expand Research to Generate Real-World Data Related to COVID-19 and Cancer

What You Should Know: The FDA and Syapse announce research collaboration expansion to address urgent public health challenges including supporting FDA’s goal of rapid understanding of COVID-19. As part of the research, Syapse is partnering with FDA’s Oncology Center of Excellence to investigate methods to derive RWD from multiple sources including electronic health records, registries and molecular data Syapse, a real-world evidence company accelerating the delivery of precision
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AstraZeneca, Eko Collaborate to Advance Innovation Around Heart Failure

by Jasmine Pennic 08/04/2020 Leave a Comment

FDA Breakthrough Status Granted for Heart Failure Algorithm by Eko

What You Should Know: - Eko today announced a global collaboration with AstraZeneca to accelerate the development of digital health tools for the earlier screening of cardiovascular diseases, including heart failure.  - Through the collaboration, AstraZeneca and Eko will explore accelerating the development of Eko algorithms, enhancing clinical trials with Eko technology, and potentially building new heart failure detection solutions. Eko, a digital health company
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Ciox Health Acquires Biomedical NLP Company Medal

by Jasmine Pennic 07/28/2020 Leave a Comment

Ciox Health Acquires Biomedical NLP Company Medal

What You Should Know: - Ciox Health has acquired Medal, Inc., a biomedical Natural Language Processing (biomed-NLP) technology company. - The acquisition will lead Ciox to better and more quickly enable real-world data in support of research that advances patient care. Ciox Health, a leading health technology company, today announced its acquisition of San Francisco-based biomedical Natural Language Processing (biomed-NLP) technology company, Medal, Inc., a leader in
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