What You Should Know: - Today, health AI/predictive analytics company EarlySense announced that it has sold its proprietary contact-free continuous monitoring technology intellectual property (IP) to Hillrom for a cash consideration of $30 million, potential payments based on the achievement of certain commercial milestones, and a portion of Hillrom’s equity investment in EarlySense. - As part of the agreement, EarlySense will receive licensing for
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Mayo Clinic Researchers to Validate Interoperability of Encrypted Algorithms and Training on Encrypted Data
What You Should Know: - Mayo Clinic researchers are collaborating with TripleBlind on next generation algorithm sharing and training on encrypted data. - TripleBlind’s solution functions as the innovative data
encryption conduit that keeps the data and intellectual property in the algorithm
secure. TripleBlind announced
today it is collaborating with Mayo Clinic researchers
who will use TripleBlind tools to validate interoperability
of encrypted
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7 Best Practices for Third-Party Risk Management in the Pharmaceutical Industry
The globalization of the pharmaceutical industry has forced pharma companies to outsource, increasing their reliance on third-party vendors and suppliers. As this supply chain grows in complexity, companies find themselves grappling with a growing amount of cyber risk. A data breach in the pharmaceutical industry can cost companies upwards of $5 million and costs can rise significantly if a third-party vendor or supplier is the cause of a data breach. For this reason, organizations must
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How COVID-19 Has Revealed Healthcare’s Blockchain Use Cases
Blockchain technology has somewhat infamously been described as “a solution in search of a problem,” but as the healthcare industry responds to the demands of the pandemic, several valuable use cases have surfaced that could benefit from employing the emerging technology. Due in large part due to its ability to promote trust, transparency, and privacy, blockchain has emerged as today’s best technology-based option for accomplishing the important objective of delivering real-time
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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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3 Telemedicine Security and Compliance Best Practices
The coronavirus pandemic accelerated telemedicine exponentially as patients and doctors switched from in-person visits to remote consultations. Health providers rapidly scaled virtual offerings in March and April and traffic volumes soared to unprecedented levels, with practices “seeing 50 to 175 times the number of patients by telehealth than before the outbreak,” according to McKinsey. By early August, the U.S. Department of Health and Human Services expanded the list of
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CloudMD Acquires Digital Patient Engagement Platform iMD Health Global for $10M
What You Should Know: - CloudMD announces it will acquire digital patient engagement platform iMD Health Global for $10M - The integration of iMD’s educational platform will enable CloudMD to provide its entire network of over 3000 healthcare practitioners, specialists, and allied health professionals and almost 3 million patients with valuable educational resources on healthcare issues, treatments, and preventative solutions. CloudMD Software & Services Inc., a Vancouver,
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How Direct Digital Fax Can Improve System Usability for EHRs
The lack of EHR usability is a huge concern for the healthcare industry. According to a study conducted by Mayo Clinic researchers, modern electronic health records (EHR) are less user-friendly than Microsoft Excel, Microsoft Excel, and Google. Using the System Usability Scale (SUS), Electronic Health Records were marked with an unsettling “F” and a SUS score of 45 while Excel received a SUS score of 57 and Microsoft Word received a SUS score of 76. Google search came in on top with an “A” and a
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One Drop Acquires Sano’s Continuous Glucose Sensing Platform
What You Should Know: - One Drop has acquired all the assets and intellectual property of Sano Intelligence, Inc. which include Sano's continuous glucose sensing platform. - One Drop will leverage the acquired assets, including silicon-sensing production infrastructure, to design, produce, and commercialize a painless, silicon-based continuous health sensing platform for use across multiple conditions. One Drop, a New York
City-based provider of digital care solutions for people
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COVID-19: Best Practices to Safeguard Organizations from Cybercriminals
While we may consider health largely a private concern in the United States, our nation depends on the continuity and availability of its healthcare system in a very public way, as evidenced by the current coronavirus outbreak. Our critical healthcare infrastructure is vulnerable at this time, no doubt, but it truly has been inspiring to see doctors, scientists, and other industry professionals from around the world come together to stop the spread of COVID-19. To fend off exploitative
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