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

NotiSphere Raises $3.6M to Scale Medical Recall Platform

by Fred Pennic 04/28/2022 Leave a Comment

NotiSphere Raises $3.6M to Scale Medical Recall Platform

What You Should Know: - NotiSphere, a healthcare technology startup focused on transforming the medical recall alert process by directly connecting suppliers to recall coordinators at healthcare organizations, today announced a $3.6 million Series Seed round led by Royal Street Ventures, with participation from Okapi Ventures, Stage Venture Partners, Revolution's Rise of the Rest Seed Fund, Coelius Capital, Supernode Ventures and Cedars Sinai Health Ventures. This latest financing brings
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Philips and Prisma Health Partner to Drive Enterprise Interoperability & Imaging Solutions

by Fred Pennic 04/28/2022 Leave a Comment

Philips and Prisma Health Partner to Drive Enterprise Interoperability & Imaging Solutions

What You Should Know: - South Carolina’s largest health system Prisma Health adopts Philips software solutions for patient monitoring and enterprise imaging, helping to drive interoperability and data analytics, and deliver on Quadruple Aim. - The partnership reflects today’s growing trend of long-term strategic partnerships (LSPs) within hospitals and health systems to better manage the cost and complexity of their technology investments over a defined period of time while expanding
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Blue Spark Technologies Raises $40M for AI-Based Remote Patient Monitoring

by Jasmine Pennic 04/18/2022 Leave a Comment

Blue Spark Technologies Raises $40M for AI-Based Remote Patient Monitoring

What You Should Know: - Blue Spark Technologies, Inc., a Cleveland, OH-based provider of wearable remote patient monitoring solutions, announced that it has raised $40 million in growth funding led by Ghost Tree Partners with support from Aon. - The funding will go towards scaling the company’s sales and marketing functions and the continued advancement of Blue Spark’s wearable remote patient monitoring solutions. Continuous, Real-Time Body Temperature Monitoring System TempTraq®,
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FundamentalVR Adds Endovascular Surgery Procedures to Haptic VR Medical Simulations

by Fred Pennic 04/14/2022 Leave a Comment

FundamentalVR Adds Endovascular Surgery Procedures to Haptic VR Medical Simulations

What You Should Know: - FundamentalVR, global pioneers in immersive VR surgical simulations, today announces the addition of endovascular surgery to its suite of haptic VR medical simulations. In addition, it’s also showcasing its new virtual showroom that would accelerate the ability of medical device manufacturers and life science companies to get new endovascular products into the hands of sales representatives and clinicians. Creating High-Fidelity Simulations In creating
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9am.Health Nabs $16M to Expand Virtual Diabetes Clinic Nationwide

by Fred Pennic 04/13/2022 Leave a Comment

9am.Health Nabs $16M to Expand Virtual Diabetes Clinic Nationwide

What You Should Know: - 9am.health, a San Diego, CA-based virtual diabetes clinic that delivers personalized, affordable, and compassionate care directly to consumers raises $16M in Series A funding co-led by 7Wire Ventures and Human Capital and included participation from new investors StartUp Health, Leaps by Bayer, and existing investors Define Ventures and Founders Fund. The latest round brings its total funding to date to nearly $20M. - Innovative virtual care provider is now
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Viz.ai Raises $100M for Care Coordination Platform at $1.2B Valuation

by Digital Health Funding 04/07/2022 Leave a Comment

Viz.ai Raises $100M for Care Coordination Platform at $1.2B Valuation

What You Should Know: - Viz.ai, a San Francisco-based AI-powered disease detection and care coordination platform raises $1000M in Series D funding led by Tiger Global and Insight Partners. The round also included participation from Scale Ventures, Kleiner Perkins, Threshold, GV (formerly Google Ventures), Sozo Ventures, CRV, and Susa.  - The new funds will be used to support Viz.ai’s significant growth trajectory, expand the Viz Platform to detect
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LG Launches LA Business Innovation Center for Medical Environments

by Fred Pennic 03/25/2022 Leave a Comment

LG Launches LA Business Innovation Center for Healthcare Tech

What You Should Know: - LG Business Solutions USA has opened its new Los Angeles Business Innovation Center, the first comprehensive LG technology and education hub to focus on commercial displays and devices designed for medical environments, led by LG’s diagnostic and clinical review monitors, digital X-ray detectors and smart hospital TVs. - The new Los Angeles Business Innovation Center is LG’s third in the United States (the others being in Chicago and Atlanta). They serve as
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CPQ: Optimizing MedTech Operations and Sales to Accelerate Cash Flow

by Chris Lekander, VP of delivery at Wilco Source 03/25/2022 Leave a Comment

CPQ: Optimizing MedTech Operations and Sales to Accelerate Cash Flow

The lead-to-cash process in most B-to-B organizations––particularly those operating in the medical device industry––is often complex and lengthy. This is even more apparent when operations, sales and customer success teams operate in manual and siloed environments.  In this all-too-common scenario, not only does it slow cash flow velocity, it also leaves the organization vulnerable to inconsistencies, inaccuracies and more errors every time a handoff occurs between
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NVIDIA Launches AI Computing Platform for Medical Devices

by Jasmine Pennic 03/22/2022 Leave a Comment

NVIDIA Launches AI Computing Platform for Medical Devices

What You Should Know: - NVIDIA today introduced Clara Holoscan MGX, a platform for the medical device industry to develop and deploy real-time AI applications at the edge, specifically designed to meet required regulatory standards. - Clara Holoscan MGX expands the Clara Holoscan platform to provide an all-in-one, medical-grade reference architecture, as well as long-term software support, to accelerate innovation in the medical device industry. Clara Holoscan MGX Overview As part
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Day 3 HIMSS Roundup: Glooko Acquires DIABNEXT, GE Healthcare/AliveCor Integration

by HIMSS22 Summary 03/16/2022 Leave a Comment

HIMSS22 Day 2 Roundup: Google Partners with MEDITECH, Microsoft’s Health Cloud Strategy Expansions,

Venture Capital, Private Equity, Mergers & Acquisitions (M&A) Activity Glooko Acquires DIABNEXT® to Expand Diabetes Offerings in France Glooko, a leading provider of remote patient monitoring and data management solutions for diabetes and related chronic conditions, today announced the acquisition of DIABNEXT, a Paris-based company whose digital health platform helps people with diabetes better manage their conditions and connects to their healthcare providers, so they can
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