Mergers & Acquisitions (M&A) Activity
OptimizeRx Acquires EvinceMed, a Specialty Drug Prescription Initiation Platform
OptimizeRx, a provider of point-of-care technology solutions helping patients start and stay on therapy announced a definitive agreement to acquire the EvinceMed platform and related assets. EvinceMed is a provider in delivering end-to-end automation for specialty pharmaceutical transactions. The acquisition includes the full Market Access Management Platform
Read More
Medical Devices | FDA | News, Analysis, Insights - HIT Consultant
Philips Capsule Surveillance Receives 510(k) Clearance
What You Should Know:
- Philips Capsule Surveillance solution has received 510(k) market clearance from the U.S. Food & Drug Administration (FDA), paving the way for widespread deployment across healthcare systems in the USA.
- Capable of utilizing streaming data from virtually any connected medical device, the solution aggregates patient data, analyses it to generate actionable insights and alerts, and sends timely notifications to the patient’s caregivers so that they can
Read More
Precision Medicine Startup Prenosis Raises $20M for Acute Care Solutions, Starting with Sepsis
What You Should Know:
- Prenosis, Inc., a precision medicine company, announced a venture investment from PACE Healthcare Capital, an early-stage investment firm committed to improving health outcomes. This investment brings total funding in the company to over $20 million, including partnerships with Foxconn, Roche Diagnostics, the Defense Threat Reduction Agency, and others.
- Precision medicine company will use the funding to
Read More
MediView XR Secures $9.9M for Augmented Reality Surgical Navigation Platform
What You Should Know:
- MediView XR, Inc., raises $9.9M in SAFE financing syndicated by Inside View Investments, LLC, a private investment firm. MediView has raised approximately $14.4MM in total funding to date.
- Investment will support key technology development, commercialization and regulatory submissions.
MediView XR Inc., a Cleveland-based medtech company that leverages augmented reality, remote connectivity and spatial computing data to create revolutionary surgical
Read More
Aetion and Cognito Team Up for Predictive Modeling in Alzheimer’s
What You Should Know:
- Aetion, real-world evidence (RWE) tech and analytics provider, and Cognito Therapeutics, a pioneer in neuromodulation therapeutics for neurodegenerative diseases like Alzheimer’s, are partnering to develop an AI-driven predictive model to help payers and providers identify patients with rapidly progressing mild cognitive impairment (MCI) and Alzheimer’s who may benefit from earlier treatment.
Impact of MCI & Alzheimer’s Disease
There are approximately 13.5
Read More
2022 Infusion Industry Outlook: Adapting Care Delivery to Meet New Realities
January 2022 marked two years since the outbreak of COVID-19, with the healthcare system still working to adjust to a very challenging new reality. However, these challenges have served as a catalyst for important shifts within the healthcare industry, some of which are poised to be a significant part of the 2022 infusion landscape.
Similar to 2020, there were increases in demand in 2021 for infusion pumps to treat COVID-19 patients. Initially, infusion pumps were requested for Covid patients
Read More
Crisis in the U.S. Healthcare Workforce: Why It’s Time to introduce AI
One of the many acute challenges during the pandemic has been the departure of approximately 18% of the U.S. healthcare workforce,4 resulting in staffing shortages in hospitals. This has impacted the well-being of the remaining healthcare practitioners 5 as well as their patients – many of whom are deferring care that is vital to disease management and overall maintenance of health,6,7 or who do not have access to timely emergency care.1 Though such challenges may be perceived as insurmountable
Read More
Healthcare Is A Cyber Criminal’s Dream, But It Doesn’t Have To Be This Way
Healthcare is a cyber criminal’s dream. It presents the intersection of a data treasure trove, weak security posture, limited resources, complicated supply chain, and patient care delivery. When faced with having to pick a priority to optimize for, healthcare will, of course, always pick delivering healthcare. This means that when tradeoffs must be made and resources are limited immediate patient care is prioritized over anything else.
A great example of this is looking at how
Read More
Critical Medical Device Risks Continue to Threaten Hospital Security & Patient Safety
What You Should Know:
- After a year of unprecedented ransomware attacks on hospitals and healthcare systems – and with healthcare now the #1 target for cybercriminals – critical medical device risks in hospital environments continue to leave hospitals and their patients vulnerable to cyber-attacks and data security issues.
- New data released by Cynerio, a leading provider of healthcare IoT cybersecurity and asset management, in its 2022 State of Healthcare IoT Device Security Report
Read More
Sanofi Taps BrightInsight for Development of Software as a Medical Device
What You Should Know:
- Sanofi, a global biopharmaceutical company focused on human health has inked a strategic partnership with BrightInsight, Inc., provider of the leading global platform for biopharma and medtech regulated digital health solution to bring to market a next-generation digital companion application for one of Sanofi’s products.
- The BrightInsight® Platform has been selected to serve as the underlying infrastructure to accelerate continuous development of one of Sanofi’s
Read More