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Life Sciences - Pharma | News, Analysis, Insights - HIT Consultant

Virtual Behavioral Health Could Reduce Costs, Improve Patient Outcomes, Report Finds

by Fred Pennic 07/24/2020 Leave a Comment

Virtual Behavioral Health Could Reduce Costs, Improve Patient Outcomes, Report Finds

What You Should Know: - A new Accenture report called “Breakthrough Behavioral Health Access: Think Virtual” finds that the use of virtual behavioral health could expand care for more than 53 million Americans facing these conditions. - Demand for behavioral health specialists significantly outweighs current availability; in addition to severe wait times of 25 days for first clinical appointments, we are projected to have a shortage of 250,000 behavioral health and mental health
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Activ Surgical Raises $15M Advance Autonomous and Collaborative Surgery

by Fred Pennic 07/16/2020 Leave a Comment

Activ Surgical Raises $15M Advance Autonomous and Collaborative Surgery

What You Should Know: - Digital surgery pioneer Activ Surgical raises $15M in funding led by ARTIS Ventures to accelerate U.S. commercialization and European expansion efforts for its ActiveEdge platform, which enables existing surgical systems, from scopes to robots, to visualize, characterize and track tissue, in real-time beyond today’s human capability.  - ActivSight, is an easy-to-adapt, connected imaging module that seamlessly attaches to today’s laparoscopic and arthroscopic
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COVID-19 Has Permanently Shifted Patient Behavior Towards Virtual Care

by Jasmine Pennic 07/10/2020 Leave a Comment

Report: How COVID-19 Has Permanently Changed Patient Behavior Towards Virtual Care

What You Should Know: - The COVID-19 crisis has significantly impacted the patient care paradigm, and the ripple effects have altered patient behaviors and expectations, requiring a significant change in how life sciences companies engage with and support patients - Accenture surveyed 2700 patients about changes in care during COVID-19 and found a major shift to virtual care, which patients embraced. - Virtual care is here to stay and can be an integral part of the patient experience
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Predictive Analytics: Preventing the Aftershocks from COVID-19

by Victor A. Collymore, MD, FACP, VP and Chief Medical Officer at EXL Service 06/19/2020 Leave a Comment

Preventing the Aftershocks from COVID-19

Right now, the world’s attention is focused on COVID-19.  This is most appropriate as it has hit the world like a global earthquake, disrupting lives on an unprecedented scale.  However, there will come a day when the immediate danger has passed. At that point, it’s very likely that the healthcare system will begin to feel the significant aftershocks of COVID-19 in the form of neglected chronic condition management throughout the pandemic.  The Centers for Disease Control
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Built on Google Cloud Platform, The National Response Portal Launches for COVID-19 Insights

by Fred Pennic 05/29/2020 Leave a Comment

Built on Google Cloud Platform, The National Response Portal Launches for COVID-19 Insights

What You Should Know: National Response Portal launches to ensure healthcare providers and policymakers have access to the most up-to-date COVID-19 analytics. The open data platform built on Google Cloud enables decision-makers in healthcare and the government to make data-driven decisions toward ending the COVID-19 crisis and restarting the economy. SADA, a leading global business and technology consultancy, announces the official launch of the National Response Portal
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Syapse Lands $30M to Accelerate Real-World Evidence in Oncology

by Fred Pennic 05/28/2020 Leave a Comment

Syapse Lands $30M to Accelerate Real-World Evidence in Oncology

What You Should Know: - Syapse raises $30M in new equity funding to enable healthcare providers to deliver the best care to every cancer patient through precision medicine. - Syapse partners with health systems, life sciences companies, and regulators to deliver clinical, programmatic, and research insights from the world’s largest network of health systems focused on precision medicine. Syapse, a San Francisco, CA-based provider of precision oncology solutions announced $30
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Orbita Lands $9M For Conversational AI-Powered Voice and Chatbot Solutions for Healthcare

by Fred Pennic 05/28/2020 Leave a Comment

Orbita Lands $9M For Conversational AI-Powered Voice and Chatbot Solutions for Healthcare

What You Should Know: - Orbita raises $9M for conversational AI-powered voice and chatbot platform co-led by Philips Health Technology Ventures and HealthX Ventures along with investors Cultivation Capital and Newark Venture Partners. - Orbita's powerful conversational AI platform enables healthcare organizations to cost-effectively create and manage HIPAA-compliant virtual healthcare assistants for consumer and clinical applications that increase patient engagement, reduce cost of care,
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Change Healthcare Buys Back Pharmacy Network for $213M in Cash

by Fred Pennic 05/05/2020 Leave a Comment

Change Healthcare Buys Back Pharmacy Network for $213M in Cash

What You Should Know: - Change Healthcare buys back pharmacy network eRx Network (eRx) for $212.9 million-plus cash on the balance sheet. - eRx Network runs a network connected to about 59,000 pharmacies that process more than 1.5 billion transactions annually and also markets insurance verification, e-prescribing, and claims billing services, among others. Change Healthcare buys back pharmacy unit eRx Network (“eRx”), a leading provider of comprehensive, innovative,
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In-Depth: 32 FDA-Approved COVID-19 Testing Kits

by HITC Staff 04/23/2020 Leave a Comment

FDA Approves COVID-19 Oral Fluid Test for Use Nationwide

What You Should Know: - In-depth look list of FDA-approved COVID-19 test kits The U.S. Food and Drug Administration (FDA) offers emergency use authorizations (EUAs) for unapproved products or new uses for approved items in urgent situations where no suitable alternatives exist. Dozens of companies have sought and received EUAs for their testing kits that screen for SARS-CoV-2 — more commonly referred to as COVID-19 or the novel coronavirus.  The FDA makes a
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Sharecare Creates Free Embeddable COVID-19 Chatbot Screener

by Fred Pennic 04/20/2020 Leave a Comment

Sharecare Creates Free Embeddable COVID-19 Chatbot Screener

What You Need to Know - Sharecare creates a free interactive, clinically validated COVID-19 screener -- that can be embedded on any organization’s website as a tool to initially screen for a person’s risk of COVID-19.  - The screener is a dynamic COVID-19 consult algorithm based on clinical guidelines from the CDC, WHO and other major medical organizations as well as primary research studies from medical literature. - Sharecare has partnered with NTT DATA on this interactive
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