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Clinical Trials | News, Analysis, Insights - HIT Consultant

88% of Hospitals Plan to Invest in Remote Patient Monitoring Solutions to Support Value-Based Care

by Fred Pennic 11/04/2019 Leave a Comment

- 88% of health systems and hospitals surveyed have invested or plan to invest in remote patient monitoring solutions to support their organizational transitions to value-based care, according to the latest Spyglass Consulting Group report. - Healthcare provider investments in RPM solutions are being driven by several underlying market factors including exploding healthcare costs, a rising aging baby boomer population, the increased prevalence of chronic disease, and continuous healthcare
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Karuna Labs’ VR Rehab Management Now Available for Workers Comp Patients with Chronic Pain

by Jasmine Pennic 10/30/2019 Leave a Comment

VR for Chronic Pain Startup Karuna Labs Raises $3M to Retrain The Brain

- Karuna Labs, creator of personalized functional restoration and chronic pain management programs using virtual reality (VR) technology, is available to patients through workers’ compensation insurance. - Karuna Labs’ Virtual Embodiment Therapy will increase adherence to physical therapy and focus on exercises performed in daily living to improve quality of life.Virtual Reality (VR) technology is now being integrated workers comp injuries in order to alleviate chronic pain and improve range of
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ConvergeHEALTH by Deloitte Launches New Digital Health Ecosystem Platforms

by Jasmine Pennic 10/28/2019 Leave a Comment

ConvergeHEALTH by Deloitte Launches New Digital Health Ecosystem Platforms

- ConvergeHEALTH MyPATH for Health and MyPATH for Connected Care help enhance the patient experience, improve adherence and generate a rich, longitudinal, real-world data set for insights.Today at HLTH 2019, ConvergeHEALTH by Deloitte announced the launch of a robust platform for the healthcare ecosystem that supports two critically important patient journeys. MyPATH for Health and MyPATH for Connected Care work together to connect and support patients and their care teams across the patient
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AppliedVR Awarded $2.9M Grants to Study Virtual Reality As An Opioid-Sparing Treatment

by Fred Pennic 10/23/2019 Leave a Comment

AppliedVR, NCI Partner to Evaluate VR As Therapy for Cancer-Related Anxiety AppliedVR Awarded $2.9M Grants to Study Virtual Reality As An Opioid-Sparing Treatment

 - AppliedVR awarded more than $2.9M in NIDA grants to support clinical trials to study virtual reality platforms as an opioid-sparing tool for acute and chronic pain. - The grants will enable the company to advance two clinical trial programs respectively with Geisinger and Cleveland Clinic.AppliedVR, a Los Angeles, CA-based next generation of digital medicine announced that it has been awarded two multi-year grants totaling more than $2.9 million from the National Institute on Drug Abuse
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Healx Nabs $56M to Expand AI-Driven Drug Discovery Platform for Rare Diseases

by Jasmine Pennic 10/16/2019 Leave a Comment

Healx Nabs $56M to Expand AI-Driven Drug Discovery Platform for Rare Diseases

- UK startup Healx lands $56M, led by Atomico to build an AI-driven clinical-stage portfolio for rare diseases, including treatments for fragile X syndrome, the leading genetic cause of autism. - Healx’s Rare Treatment Accelerator program is a new initiative launched in close partnership with patient communities to identify clinic-ready treatments for rare diseases within 24 months. Healx, a Cambridge, England-based AI-powered and patient-inspired technology company specializing in
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CB Insights Unveils ‘Digital Health 150’ List of Startups Transforming Healthcare

by Fred Pennic 10/02/2019 Leave a Comment

CB Insights Unveils ‘Digital Health 150’ List of Startups Transforming Healthcare

- CB Insights unveils first-ever annual ‘Digital Health 150’ list of digital health startups working to transform the healthcare industry. - The Digital Health 150 companies span a wide spectrum of categories that involve all three key stakeholder groups for the healthcare industry — providers, payers, and patients. - A total of 17 companies on the list are unicorns (private companies valued at $1B+). Of these, 12 companies are US-based, 3 are based in China, 1 is based in France, and 1
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Novartis to Establish AI Innovation Lab, Taps Microsoft As Strategic AI & Data Science Partner

by Jasmine Pennic 10/02/2019 Leave a Comment

Novartis to Establish AI Innovation Lab, Taps Microsoft As Strategic AI & Data Science Partner

- Novartis to establish the Novaris AI innovation lab and has formed a strategic partnership with Microsoft as its AI and data science partner. - AI Innovation lab will leverage Novartis datasets with Microsoft’s advanced AI solutions, the lab will aim to create new AI models and applications to transform medicine. - Novartis and Microsoft's strategic alliance will focus on the two core objectives of AI Empowerment and AI Exploration. Novartis announced the formation of
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Syqe Medical, TerrAscend to Distribute Medical Cannabis Inhaler to Canadian Market

by Jasmine Pennic 09/23/2019 Leave a Comment

Syqe Medical Releases Pharmaceutical-Grade Medical Marijuana Inhaler

- Syqe Medical, Ltd. and TerrAscend Corp. announced an exclusive distribution agreement to bring Syqe’s flagship product, the SyqeTM Inhaler, to the Canadian market. - TerrAscend will utilize their platform to both provide high-quality guidance to patients on use of the Syqe device and educate the medical community on the benefits of medical cannabis and the Syqe treatment. - For the first time ever, the amount of THC in the bloodstream can be accurately controlled in a consistent,
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HUG Becomes First European Hospital to Adopt IBM Watson for Genomics

by Fred Pennic 09/20/2019 Leave a Comment

HUG Becomes First European Hospital to Adopt IBM Watson for Genomics

- Swiss healthcare provider Hôpitaux Universitaires Genève (HUG) becomes the first European university hospital to use IBM Watson for Genomics. - IBM Watson for Genomics leverages AI to provide expertly validated, up-to-date, comprehensive content to enable clinical reporting & precision oncology programs. - The HUG is Switzerland's leading center for influenza and emerging viral infections, as well as for childhood liver disease and pediatric liver transplantation. Hôpitaux
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Backed by Optum Ventures, Kaia Health Raises $8M for AI-Driven Digital Therapeutics for Back Pain & COPD

by Fred Pennic 09/17/2019 Leave a Comment

Backed by Optum Ventures, Kaia Health Raises $8M for AI-Driven Digital Therapeutics for Back Pain & COPD

- Digital therapeutics startup Kaia Health raises $8M in funding led by Optum Ventures to support the accelerated execution of clinical trials required to demonstrate efficacy to the FDA.- Kaia Health utilizes multimodal therapy, which combines physical, psychological and educational elements to relieve back pain at home, without medication.- Optum’s investment in Kaia Health will consider use of Kaia Health’s digital therapeutic offerings for back pain and COPD with Optum and UnitedHealth
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