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

Healthcare & Life Science M&A Activity Plummets 1H’22

by Syed Hamza Sohail 08/05/2022 Leave a Comment

Healthcare & Life Science M&A Activity Plummets 1H’22

What You Should Know: - The index of Healthcare & Life Science equities tracked by Stout was down 16.8% in Q2 2022, which was in line with the S&P 500 decline of 16.4%. - Healthcare & Life Science M&A activity plummeted to 338 deals in Q2 2022 versus 535 in Q2 2021 and a record 565 deals in Q4 2021. The report reveals credit markets likely to tighten, but a healthy level of M&A is expected to continue in the growing and defensive healthcare sector. Key Trends and
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Tribun Health, Mindpeak Partner on AI Diagnostic Tool for Breast Cancer for Pathologists

by Syed Hamza Sohail 08/04/2022 Leave a Comment

Tribun Health, Mindpeak Partner on AI Diagnostic Tool for Breast Cancer for Pathologists

What You Should Know: - Tribun Health, the European leader in software development for digital pathology, is pleased to announce a strategic partnership with Mindpeak, a global leader for pathology artificial intelligence (AI) software with world-class industry experts in the development of AI algorithms to provide precision and speed in clinical pathology. - Together, Tribun Health and Mindpeak help pathologists analyze whole-slide-images (WSI) of immunohistochemically (IHC) stained human
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Inflation is Here. Why Deflationary Healthcare is Our Best Bet  

by Yonatan Adiri, founder and CEO of Healthy.io 08/01/2022 Leave a Comment

Inflation is Here. Deflationary Healthcare is Our Best Bet  

Almost every sector of the economy is experiencing inflation the likes of which we haven’t seen in 40 years. One area that hasn’t experienced it (yet) is health care, but it is coming. Fortunately, the very pandemic that has fueled inflation in almost every other sector of the economy has also been the catalyst for digital health trends that could give us the tools we need to curb health care inflation.  Making this a reality, however, will require smart
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Oncoustics Raises $5M for AI-Driven Point-of-Care Diagnostics

by Syed Hamza Sohail 07/22/2022 Leave a Comment

Oncoustics Raises $5M for AI-Driven Point-of-Care Diagnostics

What You Should Know: - Oncoustics, San Francisco, CA-based ultrasound-based tissue characterization solutions announces the initial close of a $5 million+ seed round of funding to advance its SaMD (software as a medical device) technology for the low-cost assessment of structural diseases at the point of care. - Oncoustics’ first products will focus on liver disease, one of the fastest-growing causes of morbidity and mortality in the world. The round is co-led by Creative Ventures
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Caption Health Receives CE Mark for AI Ultrasound Tech

by Syed Hamza Sohail 07/19/2022 Leave a Comment

Caption Health AI Awarded FDA Clearance for Point-of-Care Ejection Fraction Evaluation

What You Should Know: - Caption Health, the leader in using artificial intelligence (AI) and services to improve heart ultrasound access, today announced that it has received a CE Mark for its Caption AI™ technology platform. - This certification represents the first step in making Caption Health’s industry-leading technology platform available outside the US, and highlights the company’s strong clinical and regulatory track record as it uses AI and ultrasound to deliver better cardiac
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Cornerstone AI Raises $5M to Solve Healthcare’s Data Problem

by Syed Hamza Sohail 07/18/2022 Leave a Comment

Cornerstone AI Raises $5M to Solve Healthcare’s Data Problem

- Cornerstone AI, a new company solving healthcare’s data challenges to improve research and care, publicly launched its first-of-its-kind AI platform. - The company also announced a $5M seed round led by Healthy Ventures. The funding marked the first investment for Initiate’s affiliated fund, Initiate Ventures. Healthy Ventures General Partner Anya Schiess and Initiate’s Rowan Chapman and lana Dimkova have joined Cornerstone’s board of directors. Funds will be used to further product
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How IoT Data Integration Helps Deliver Improved At-Home Healthcare in 2022

by Patricia (Pat) Black, Director of Technical Solutions at Cardinal Peak 06/16/2022 Leave a Comment

How IoT Data Integration Helps Deliver Improved At-Home Health Care in 2022

When it comes to your health and treatment, hospitals leverage a variety of sensors and instruments to collect the necessary information to monitor and diagnose your health status. With essential health data integrated into one platform, healthcare professionals are able to quickly and easily monitor critical care parameters, which allows them to make decisions and deliver the best possible patient care.  Comprehensive big-picture insight into various health parameters, such as a patient’s
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Wavemaker Three-Sixty Health Closes $64M Fund to Invest in Early-Stage Startups

by Fred Pennic 06/14/2022 Leave a Comment

Wavemaker Three-Sixty Health Closes $64M Fund to Invest in Early-Stage Startups

What You Should Know: - Wavemaker Three-Sixty Health (Wavemaker 360), the nation’s leading venture fund focused on early-stage (primarily seed) healthcare disruptors and innovators, recently announced its Fund II news, closing at $64M, surpassing its first fund nearly four times over. - The goal for Fund II is to invest into 40-50 early-stage companies, with several investments already made into some of the most compelling healthcare start-ups in the areas of health-tech, digital health,
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BrightInsight Launches Digital Disease Management Solution for Biopharma

by Jasmine Pennic 06/13/2022 Leave a Comment

BrightInsight Launches Digital Disease Management Solution for Biopharma

What You Should Know: - BrightInsight, Inc., provider of the leading global platform for biopharma and medtech regulated digital health solutions launches its Disease Management Solution. - This configurable suite of digital applications includes a Patient App, Analytics Dashboards and Healthcare Provider Interfaces. The Disease Management Solution, built on the compliant BrightInsight® Platform on Google Cloud, meets biopharma and medtech customers’ core needs out-of-the-box to support
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Buried Under Dirt or Under Debt: Can Patients Survive the Struggle of Getting Care?

by Srulik Dvorsky, TailorMed CEO and Founder 05/25/2022 Leave a Comment

BURIED UNDER DIRT OR UNDER DEBT: Can Patients Survive the Struggle of Getting Care?

New patients at a cancer center in Michigan receive a 79-page handbook when their treatments commence. The handbook includes needed advice on what to eat and the side effects of chemotherapy drugs. One double-sided page features information about how to navigate the financial aspects of cancer treatment, including who to contact for help with medical bills.  For Leslie Vreeland-Corpe of Michigan, one double-sided page couldn’t contain all the information she needed. After being diagnosed
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