There is a real sense that we are on the cusp of a diagnostics revolution. This has been spurred on by the pandemic, which at once underscored the tremendous power of mass testing as it became the fundamental basis for decision-making, from our own personal health to national policy. It also revealed gaps in terms of needing to drastically scale up testing capacity and invest in new and innovative digital diagnostics tools. Innovation in diagnostics, however, is
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Numares Health & Mayo Clinic Expands AI-Enabled Diagnostic Testing Collaboration
What You Should Know: - Mayo Clinic and Numares Health have expanded their collaboration recently to develop AI-enabled diagnostic testing that is more accurate and reliable than current U.S. tests for patients with chronic diseases, including kidney, cardiovascular, liver and neurologic conditions. - The expanded collaboration builds on Mayo Clinic's clinical research support for Numares Health to include an innovative convertible equity investment. AI-Enabled
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CVS Health Taps ixlayer to Offer At Home Health Testing Kits for Consumers
What You Should Know: - ixlayer, a digital health company on a mission to make health testing more accessible by pairing at-home self-collection testing with digital experiences, announced it is now the platform for CVS Health branded at-home sample collection kits. - Easily accessible to consumers, the easy-to-use kits provide convenient, affordable and quality testing for Vitamin D, Lyme disease, sexually-transmitted infections, and thyroid function – and offer next-best care
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Bastion Health Launches Digital Men’s Health Clinic, Releases the First-of-Its-Kind At-Home Prostate and Male Fertility Testing Kits
What You Should Know: - Bastion Health, the first-ever comprehensive digital men’s health clinic specializing in reproductive and prostate health, announces the first and most extensive end-to-end at-home test kits for prostate health and reproductive health, including assessment and treatment options. - Bastion’s all-in-one ecosystem makes it the first online men’s health clinic to offer comprehensive testing, assessment and treatment options for fertility and prostate health from
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Femtech Startup Nanopath Raises $10M to Develop POC Diagnostics for Women’s Health
What You Should Know: - Nanopath, a molecular diagnostics company enabling high-quality molecular testing in minutes raises $10M in Series A funding, co-led by co-led by Norwest Venture Partners and Medtech Convergence Fund, to develop a point-of-care diagnostics platform for women’s health screenings. - The company plans to use the latest round of funding to support development and commercialization of Nanopath's biosensing platform that aims to transform how women's pelvic and
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Inflation is Here. Why Deflationary Healthcare is Our Best Bet
Almost every sector of the economy is experiencing inflation the likes of which we haven’t seen in 40 years. One area that hasn’t experienced it (yet) is health care, but it is coming. Fortunately, the very pandemic that has fueled inflation in almost every other sector of the economy has also been the catalyst for digital health trends that could give us the tools we need to curb health care inflation. Making this a reality, however, will require smart
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LetsGetChecked Launches Virtual Consultation Offering with Healthcare Providers
What You Should Know: - LetsGetChecked, a leading healthcare solutions company, announced today the launch of Virtual Consultation services through its secure clinical messaging platform in the company’s proprietary app. - The new offering furthers the company’s ongoing commitment to pioneer a full lifecycle of personalized healthcare including diagnostic testing, virtual care, e-prescription, and treatment plans, all from the comfort of home. Expanding 360-Degree Care Offering with
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At-Home Testing Is The Future, But Lab APIs Are Stuck In The Past
The rise of telemedicine and virtual care options have primed at-home testing to make a significant impact on the future of healthcare. 70% of today’s medical decisions depend on laboratory test results, but lagging lab APIs hinder the widespread launch of remote diagnostics. Since the start of the COVID-19 pandemic, there has been a major increase in telemedicine usage, including a 154% increase in telehealth visits during the last week of March 2020 alone. Both patients and doctors
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Day 3 HIMSS Roundup: Glooko Acquires DIABNEXT, GE Healthcare/AliveCor Integration
Venture Capital, Private Equity, Mergers & Acquisitions (M&A) Activity Glooko Acquires DIABNEXT® to Expand Diabetes Offerings in France Glooko, a leading provider of remote patient monitoring and data management solutions for diabetes and related chronic conditions, today announced the acquisition of DIABNEXT, a Paris-based company whose digital health platform helps people with diabetes better manage their conditions and connects to their healthcare providers, so they can
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Connecting the Dots – Building Data Bridges for a Better Healthcare Future
Healthcare data is increasing at an exponential rate. Approximately one-third of the world’s data volume is being generated by the healthcare industry. By 2025, the compound annual growth rate of healthcare data will reach 36% – that’s 6% faster than manufacturing, 10% faster than financial services, and 11% faster than media and entertainment. In addition to information captured during visits with healthcare professionals, personal health information is being created by an increasingly
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