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Medical Devices | FDA | News, Analysis, Insights - HIT Consultant

Medigate Raises $30M for Medical & IoT Device Security Solution

by Fred Pennic 09/16/2020 Leave a Comment

Medigate Raises $30M for Medical & IoT Device Security Solution

What You Should Know: - Medigate announced $30M in Series B financing to expand its medical and IoT device security solution to ensure patient privacy and safety. - Medigate fuses the knowledge and understanding of medical workflow and device identity and protocols with the reality of today’s cybersecurity threats. With Medigate, hospital networks can safely operate all medical devices on their network, enabling deployment of existing and new devices to patients while ensuring privacy and
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Former KKR Vet Jim Momtazee Launches Healthcare Investment Firm, Patient Square Capital

by Fred Pennic 08/17/2020 Leave a Comment

Jim Momtazee and Maria Walker form health care investment firm Patient Square Capital

What You Should Know: - Former KKR veteran Jim Momtazee announced the launch of Patient Square Capital, a partnership being purpose-built to become the preeminent investment firm in healthcare.  - Patient Square will partner with best-in-class management teams whose products, services, and technologies improve health.  - Prior to Patient Square, he spent over 21 years at KKR, initially joining in 1996. He helped establish the firm’s health care industry group in 2001 and
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New Attacks, Regulations, and Stakes Call for New Security Strategies

by Tim Callan, Senior Fellow, Sectigo 08/17/2020 Leave a Comment

New Attacks, Regulations, and Stakes Call for New Security Strategies

The amount of data generated by the healthcare industry is staggering—and constantly increasing.  Healthcare data encompasses the personal information of patients, doctors, nurses, and administrators. It includes diagnostic information, test results, ultrasound images, x-ray images, and of course insurance and financial information. With so much sensitive patient information there for the taking, it comes as little surprise that the healthcare industry—perhaps more than any other sector—has
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Caption Health Nabs $53M to Commercialize FDA-Cleared AI-Guided Ultrasound Technology

by Fred Pennic 07/15/2020 Leave a Comment

GE HealthCare to Acquire Caption Health

What You Should Know: - Caption Health raises $53 million series B round to fuel commercialization and expansion of its FDA-approved AI ultrasound technology. This is on the heels of its receiving FDA clearance, designated as a breakthrough technology to fight against COVID-19. - As ultrasounds, especially cardiac ultrasounds, have become increasingly important during a time of COVID when resources are stretched, using AI to help more healthcare professionals take high-quality images is
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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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Philips and BioIntelliSense Integrate to Enhance Remote Patient Monitoring

by Fred Pennic 07/09/2020 Leave a Comment

Philips and BioIntelliSense Integrate to Enhance Remote Patient Monitoring

What You Should Know: - Philips integrates the BioIntelliSense FDA-cleared BioSticker™ sensor as part of its remote patient monitoring solutions for patients outside the hospital. - Multi-parameter sensors aid monitoring across multiple chronic conditions with medical-grade vital signs for physicians to remotely track core symptoms, including COVID-19. - Healthcare Highways is the first to leverage the BioSticker sensor as a part of Philips’ RPM program in the U.S. Philips,
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Brainlab Acquires Medical Video Game Innovator Level Ex

by Fred Pennic 06/29/2020 Leave a Comment

Brainlab Acquires Medical Video Game Innovator Level Ex

What You Should Know: - Brainlab, a digital medical technology company based in Munich, Germany has acquired Level Ex, a digital health startup creating medical video games designed to advance the clinical skills of physicians and surgeons. - The acquisition will accelerate product development, allow Level Ex to enter new clinical areas faster, and expand its footprint in global markets, benefitting more medical professionals across a wider-range of specialties and cases. - Level Ex
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Social Distancing for Medical Devices: 5 Steps to Clinical Network Segmentation to Thwart Cyber-Attacks

by Leon Lerman, Cynerio CEO and Co-Founder 06/25/2020 Leave a Comment

Do We Know When Medical Devices Fail?

Since the beginning of 2020, cyber-attacks have spiked by 300%. As members of the world's most targeted industry, healthcare organizations like hospitals, clinics, pharmacies, and distributors of medical equipment are more at risk now than ever.  Even if an attack isn't directly targeted at connected medical (or, Internet of Medical Things: IoMT) devices, it can spread through a hospital’s internal network and infect equipment used to diagnose and treat patients such as IV pumps, patient
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Osso VR Brings Film Industry Level Quality VR Surgical Training to OR

by Fred Pennic 06/04/2020 Leave a Comment

Osso VR Brings Film Industry Level Quality VR Surgical Training to OR

What You Need to Know: - Osso VR rolls out new immersive training experience that has taken a new leap forward in its realism, from the anatomical details of the “patient” to the medical tools and OR environment.  - The training platform is designed for surgeons, sales teams and surgical team trainees to address complexities in learning common procedures and to use new medical devices by providing realistic, haptic-enhanced interactions in an immersive training environment that is
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Welldoc Awarded 8th FDA Clearance for Bluestar Medical Device for Diabetes

by Jasmine Pennic 06/04/2020 Leave a Comment

Welldoc’s BlueStar Integration with Xealth Improves Patient Engagement by 2.5X

What You Should Know: Marks 8th FDA clearance for BlueStar, the only reimbursable software as a medical device for diabetes that integrates with all of a patient's existing devices. Welldoc, revolutionizing digital health with the first FDA-cleared Software as a Medical Device (SaMD) for diabetes, announced today that the U.S. Food and Drug Administration (FDA) has cleared an additional feature for the digital health product BlueStar Rx which supports individuals using long-acting
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