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Mayo Clinic Health System | News, Analysis, Insights - HIT Consultant

Mayo Clinic, ASU Unveils Six Digital Health Startups for Inaugural MedTech Accelerator Cohort

by Fred Pennic 04/24/2019 Leave a Comment

Mayo Clinic, ASU Unveils Six Digital Health Startups for Inaugural MedTech Accelerator Cohort

The MedTech Accelerator, a collaborative effort between Mayo Clinic and Arizona State University has announced the selection of six digital health startups for its inaugural cohort. The MedTech Accelerator provides medical device and healthcare IT early-stage companies with personalized business development plans to collaborate with Mayo Clinic and ASU and accelerate go to market and investment opportunities. Benefits of Accelerator for Selected StartupsThe immersive experience will help
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Fundamental Surgery Becomes First VR Surgical Training Simulation to Gain CPD Accreditation

by Fred Pennic 04/22/2019 Leave a Comment

Fundamental Surgery Becomes First VR Surgical Training Simulation to Gain CPD Accreditation

FundamentalVR, developers of immersive training technology for the surgical community, has announced its platform Fundamental Surgery, which combines virtual reality with haptics (the sense of touch), has received Continuing Professional Development (CPD) accreditation by The Royal College of Surgeons. The accreditation marks Fundamental Surgery as the first surgical simulation that combines VR with haptics (the sense of touch) to receive CPD points. Impact of
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Study: Telerehabilitation Could Improve Patients With Late-Stage Cancer

by Fred Pennic 04/05/2019 Leave a Comment

Study: Telerehabilitation Could Improve Patients With Late-Stage Cancer

Telerehabilitation services to patients with late-stage cancer can improve their physical function, pain and quality of life while allowing them to spend less time in hospitals and nursing homes, according to recent research led by Andrea Cheville, M.D., a Mayo Clinic physical medicine and rehabilitation physician. The research team also included Timothy Moynihan, M.D.; and Charles Loprinzi, M.D. -- all from Mayo Clinic -- as well as Jeph Herrin, Ph.D., Yale School of Medicine, and Kurt Kroenke,
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Rock Health Q1 2019: Digital Health Funding Breaks $986M

by Fred Pennic 04/02/2019 Leave a Comment

Rock Health Q1 2019: Digital Health Funding Breaks $986M

Digital health funding reached $986M across 61 digital health deals in Q1 2019, according to Rock Health, a full-service venture fund dedicated to digital health. The Q1 2019 funding represents about half of the $1.62B that was raised a year ago in Q1 2018 but in line with 2017 and 31% below 2016. Compared to the $1.2B in Q4 2018, quarterly funding has averaged $1.4B over the past two years (Q1 2017-Q1 2019). Rock Health signals the $986M invested in this past quarter are somewhat below
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Mayo Clinic to Develop New Diagnostic Test Using Patients’ Breath to Detect Lung Cancer

by Jasmine Pennic 03/26/2019 Leave a Comment

Mayo Clinic to Develop New Diagnostic Test Using Patients’ Breath to Detect Lung Cancer

Mayo Clinic Laboratories is teaming up with Breath Diagnostics to develop new clinical diagnostic tests that use patient breath samples to identify individual biomarkers that can predict a spectrum of diseases. The first collaboration will focus on a diagnostic test that detects lung cancer using patients' exhaled breath. Benefits of BiomarkersBiomarkers are measurable substances that help in predicting the severity of a disease or infection. Examples of a biomarker include an individual's pulse
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Why Walmart Centers of Excellence Model Could Redefine How Employers Deliver Quality Care

by Larry Leisure, Co-founder & Managing Partner, Chicago Pacific Founders 03/06/2019 Leave a Comment

Why Walmart's Center of Excellence Model Could Redefine How Employers Deliver Quality Care

Mitigating the cost of healthcare expenses has long been an uphill battle for employers, though the problem has become particularly pressing in recent years. The price tags for routine treatments and specialty services alike are on the rise; patients and payers alike shoulder heavy cost burdens for everyday care needs. The benefits packages that may have provided sufficient coverage a decade ago are now stretching to cover costs -- and the companies paying out those benefits are desperately
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FundamentalVR Inks 3-Year Partnership with Mayo Clinic to Co-Develop Surgical VR Simulations, Raises Additional $1.4M

by Fred Pennic 10/30/2018 Leave a Comment

FundamentalVR Inks 3-Year Partnership with Mayo Clinic to Co-Develop Surgical VR Simulations, Raises Additional $1.4M

FundamentalVR, a London-based virtual reality (VR) training, and data analysis technology startup, today announced a three-year strategic partnership with Mayo Clinic to co-develop new VR simulations leveraging haptic (sense of touch) technology for general surgical procedures, patient-specific modeling and emerging interfaces for robotic surgery.Additional $1.4M in FundingIn addition, the company has raised an additional $1.4 million in funding from existing investor Tern Plc. The company plans
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Mayo Clinic Researchers Develop Genetics-based Prognostic Tool for Myelodysplastic Syndrome

by Fred Pennic 10/01/2018 Leave a Comment

Mayo Clinic Researchers Develop Genetics-based Prognostic Tool for Myelodysplastic Syndrome

Mayo Clinic researchers have developed a new genetics-based prognostic tool for myelodysplastic syndrome, according to their findings are published in the October print issue of Mayo Clinic Proceedings.Researcher Dr. Tefferi and collaborators from National Taiwan University Hospital in Taipei, Taiwan, examined gene mutations and their effect on survival in 685 patients with myelodysplastic syndrome. Researchers identified a favorable gene mutation, SF3B1, and unfavorable gene mutations, ASXL1
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6 Leading Health Chatbots to Watch in 2018 & Beyond

by Kayla Matthews, Contributing Writer 09/11/2018 Leave a Comment

6 Leading Healthcare Chatbots to Watch in 2018 & Beyond

Chatbots have become almost commonplace in e-commerce, but they have recently started to emerge in the healthcare sector, as well. Various small companies are currently developing apps and raising venture capital, while some have already launched their chatbots.What are health chatbots, exactly? Chatbots are services that people interact with through a messenger. Instead of having a conversation with another person, the user talks with a bot that's either powered by basic rules or machine
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Mayo Clinic to Explore Use Cases of Blockchain-based EHRs

by Fred Pennic 06/19/2018 Leave a Comment

Mayo Clinic to Explore Use Cases of Blockchain-based EHRs

Medicalchain, a UK-based startup using blockchain technology to secure store EHRs securely has signed a joint development agreement with Mayo Clinic to explore the value of blockchain in healthcare. As part of the joint development agreement, both organizations will work together to develop use cases utilizing blockchain-based EHRs. This agreement comes after months of discussions between Mayo Clinic and Medicalchain on the potential benefits blockchain technology can bring to
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