The old adage “knowledge is power” may seem cliched, but it definitely still rings true in the life sciences industry. In fact, maybe more so than in any other industry, healthcare insights are being driven by a vast array of critically important data from scientific research, clinical trials, and patient profiling. Teams are continually asked to identify, prioritize and develop promising therapies which are not only safe but innovative, effective and based on the latest research.
To achieve
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Life Sciences - Pharma | News, Analysis, Insights - HIT Consultant
Why the Healthcare CIO Holds the Greatest Potential for Change
Consumers expect every brand interaction they have, whether at the doctor’s office or with their health insurer, to mirror the ones they have with companies like Amazon and Google: personalized, connected, and convenient. The healthcare industry, however, isn’t nearly ready to deliver on these connected experiences — not while data remains siloed across departments and organizations.
The need for interoperability — getting discrete systems and software applications to connect, exchange, and
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Microsoft, Astrazeneca Launches AI Factory for Health Accelerator in Europe
- Microsoft and AstraZeneca are joining forces to launch the AI Factory for Health, a European accelerator for AI-focused digital health startups.
- The 3-month accelerator program is for startups that offer an innovative health solution based on artificial intelligence technology for patients or health professionals
- Created by Microsoft in partnership with the Inria laboratory, the AI Factory unites a community of startups dedicated to the development of innovative solutions based
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OptimizeRx Acquires Digital Therapeutics Platform RMDY Health for $16M
- OptimizeRX acquires RMDY Health, a multipurpose digital therapeutics SaaS platform, for $16 million in cash and equity.
- Acquisition will enhance OptimizeRx existing digital platform with technology solutions tailored for digital therapeutics and extends offerings to SaaS-based patient engagement markets.
- RMDY will maintain its technology team in Tel Aviv, Israel, and U.S. based personnel and use the OptimizeRx New Jersey HQ.
OptimizeRx announced it will acquire RMDY
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Life Image Launches Real World Imaging for RWE Programs
- Life Image launches Real World Imaging (RWI) offering to respond to researcher needs for maturing insights and accelerating drug development decisions.
- Imaging data, especially for Real World Evidence (RWE), has historically been difficult, if not impossible, to access, retrieve, view, de-identify and normalize at-scale, even though it provides clinically material insights for a growing number of therapies.
- Life Image represents the only company providing large, heterogeneous,
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The Drought is Over: It’s Raining Health IT IPOs
Three venture-backed health IT companies completed IPOs in July, ending an almost three-year drought of health IT IPOs. Share prices soared following each IPO, indicative of the enthusiastic response and a desire to see more health IT companies make their way toward public debuts. Composition of revenue, gross margin, and growth are key differentiators between these and all companies and key drivers of valuation. Given the enthusiastic shareholder response to these listings, we
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NTT Data, Google Cloud to Develop Healthcare Solutions to Improve Patient Experience
NTT DATA Services, a global technology services provider, today announced a collaboration with Google Cloud to develop next-gen healthcare solutions designed to improve patient experience, while creating more efficient operations and reducing costs for providers and health plans.Collaboration DetailsNTT DATA is working with Google Cloud to deliver digital offerings in cloud, analytics and artificial intelligence that enable providers to gain better access to insights and solutions needed to
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UPenn Taps Medable’s Digital Trials Platform to Power LITE Psoriasis Study
The University of Pennsylvania School of Medicine has partnered with Medable, a provider of digital trials platform to accelerate patient enrollment and increase patient retention in the Light Treatment Effectiveness (LITE) study, which evaluates home versus office-based narrowband ultraviolet B phototherapy for the treatment of psoriasis.Phase 4 Pragmatic StudyMedable’s direct-to-patient app was selected for LITE, a Phase 4 pragmatic study that will enroll 1050 patients across 20-40 clinical
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Signify Health, Remedy Partners Merge to Create Market Leading Value-Based Care Enablement
Signify Health and Remedy Partners have signed a definitive agreement to merge to create a market-leading platform delivering value-based care enablement. Together, Signify Health and Remedy Partners both portfolio companies of New Mountain Capital LLC will leverage clinical, behavioral and social data amidst an accelerating market shift from fee-for-service toward value-based payments and arrangements based on the quality and total cost of care for a patient.Merger Creates Combined Revenue of
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MedAnswers Raises $5M for Scientifically, Clinically Validated FertilityAnswers App
MedAnswers, a health tech company has raised $5 million in seed round funding led by Special Situations’ Life Sciences Innovation (LSI) Fund, managed by David Sable, with Viking Global Investors also participating. MedAnswers is leveraging technology, genetics and other health data to match those struggling to conceive to a curated network of fertility experts and solutions to help users conceive faster. The company is a graduate of the 7th cycle of Illumina Accelerator. FertilityAnswers AppThe
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