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FDA| Healthcare FDA Regulation | Policy, News, Analysis, Insights - HIT Consultant

GoodRx Acquires Pharmacy Services Platform VitaCare for $150M

by Fred Pennic 03/07/2022 Leave a Comment

GoodRx Acquires Pharmacy Services Platform VitaCare for $150M

What You Should Know:- GoodRx announced that it will acquire vitaCare Prescription Services, a tech-enabled pharmacy services platform that expands GoodRx’s offering to pharma manufacturers while improving patient access and adherence to affordable brand drugs.   - Over 500 million brand prescriptions are written every year, yet only half are ever filled. This acquisition will give GoodRx the tools we need to help address this problem and facilitate the brand
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2022 Infusion Industry Outlook: Adapting Care Delivery to Meet New Realities

by Roger Massengale, Chief Commercial Officer, Eitan Medical 03/07/2022 Leave a Comment

2022 Infusion Industry Outlook: Adapting Care Delivery to Meet New Realities

January 2022 marked two years since the outbreak of COVID-19, with the healthcare system still working to adjust to a very challenging new reality. However, these challenges have served as a catalyst for important shifts within the healthcare industry, some of which are poised to be a significant part of the 2022 infusion landscape. Similar to 2020, there were increases in demand in 2021 for infusion pumps to treat COVID-19 patients. Initially, infusion pumps were requested for Covid patients
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XRHealth Secures $10M to Expand Virtual Reality Treatment in the Metaverse

by Fred Pennic 02/28/2022 Leave a Comment

XRHealth Launches Virtual Reality Telehealth Clinic in Israel

What You Should Know: - XRHealth, the gateway to the healthcare metaverse,  announced today that they raised $10M in funding to expand virtual healthcare treatment in the Metaverse. The funding was backed by HTC, Bridges Israel impact investment fund, AARP, and crowdfunding on StartEngine.com and existing investors. - XRHealth’s platform is FDA and CE registered and provides an immersive experience for users, transporting them to a virtual world for comprehensive
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Viz.ai Awarded 510(k) Clearance for AI-Powered Cerebral Aneurysm Detection Solution

by Fred Pennic 02/25/2022 Leave a Comment

Viz.ai Awarded 510(k) Clearance for AI-Powered Cerebral Aneurysm Detection Solution

What You Should Know: - Viz.ai, a San Francisco-based provider of AI-powered intelligent care coordination for stroke, has received FDA 510(k) clearance for Viz ANEURYSM (formerly Viz ANX), the first and only AI-powered cerebral aneurysm detection solution designed to facilitate population screening and enhanced care management. - The new algorithm uses AI to detect suspected cerebral aneurysms, enabling hospital systems
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Healthcare Is A Cyber Criminal’s Dream, But It Doesn’t Have To Be This Way

by Vidya Murthy, Chief Operating Officer at MedCrypt 02/24/2022 Leave a Comment

Healthcare Cyber Events are Common, But It Doesn’t Have To Be This Way

Healthcare is a cyber criminal’s dream. It presents the intersection of a data treasure trove, weak security posture, limited resources, complicated supply chain, and patient care delivery. When faced with having to pick a priority to optimize for, healthcare will, of course, always pick delivering healthcare. This means that when tradeoffs must be made and resources are limited immediate patient care is prioritized over anything else.  A great example of this is looking at how
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Medtronic, AWS to Provide Underserved Communities with AI-Assisted Colon Cancer Screening

by Fred Pennic 02/22/2022 Leave a Comment

Medtronic, AWS to Provide Underserved Communities with AI-Assisted Colon Cancer Screening

What You Should Know: - Medtronic and AWS, today announced a partnership to provide underserved communities with artificial intelligence (AI)-assisted colonoscopy technology through AWS’s $40M Health Equity Assistance Program for colon cancer screening. - Amazon Web Services will support the effort to provide Medtronic GI Genius™ intelligent endoscopy modules to facilities that primarily serve communities with low screening rates or where access to this technology is not currently
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Connecting the Dots – Building Data Bridges for a Better Healthcare Future

by Jen Goldsmith, President Tendo Systems 02/22/2022 Leave a Comment

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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Sirona Medical Acquires Nines Radiology AI Division

by Fred Pennic 02/18/2022 Leave a Comment

Sirona Medical Secures $40M for Cloud-Native Radiology Operating System

What You Should Know: - Sirona Medical, a software company with a cloud-native solution for radiologists, has announced its acquisition of Nines Radiology’s AI division. Sirona Medical did not acquire Nines' teleradiology business, Nines Radiology. The terms of the deal were not disclosed. - This is Sirona’s first acquisition just months after its exit from stealth in Aug. 2021 with a total of $62.5M in Series A & B financing rounds.  Why It Matters The FDA-cleared medical
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EarliTec Diagnostics Raises $19.5M to Advance Autism Diagnosis and Treatment in Children

by Jasmine Pennic 02/18/2022 Leave a Comment

EarliTec Diagnostics Raises $19.5M to Advance Autism Diagnosis and Treatment in Children

What You Should Know: - EarliTec Dx, a digital health company developing novel diagnostic and therapeutic products for children with Autism Spectrum Disorder (ASD) and early childhood vulnerabilities, today announced a $19.5 million financing led by Bernie Marcus, with participation from the Georgia Research Alliance (GRA). - This round of financing will be used to support filing with the U.S. Food and Drug Administration (FDA) for 510K clearance, as well as commercialization of the
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Biotricity Awarded FDA 510(k) Clearance for Cardiac Monitoring Device

by Jasmine Pennic 01/24/2022 Leave a Comment

Biotricity Awarded FDA 510(k) Clearance for Cardiac Monitoring Device

What You Should Know: - Biotricity, Inc. (NASDAQ:BTCY), a medical diagnostic and consumer healthcare technology company, today announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Biotres Cardiac Monitoring Device, a three-lead device for ECG and arrhythmia monitoring that is intended for lower-risk patients. - Most remote cardiac monitors are passive — they don’t record ECG and other cardiac data in real-time — and lack cross-compatibility
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