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Medical Devices | Policy & Regulation News, Analysis, Insights - HIT Consultant

American Heart Association Launches Registry to Share Data with 911 & First Responders

by Jasmine Pennic 06/24/2019 Leave a Comment

American Heart Association Launches Registry to Share Data with 911 & First Responders

American Heart Association is teaming up with emergency technology company, RapidSOS, to promote a voluntary registry for citizens to share data with 911 and first responders. People can provide opt-in profile information and individual health data, personalizing care and positively transforming emergency outcomes. Outdated 911 SystemPublic safety professionals are trained to respond as quickly as possible to medical emergencies, but our nation’s 9-1-1 system was built over 50 years ago for
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Mount Sinai Launches Center for Artificial Intelligence and Human Health

by Jasmine Pennic 06/11/2019 Leave a Comment

Mount Sinai Health System Launches Telehealth Initiatives_Mount Sinai Launches EHR-Integrated Imaging Research Warehouse

The Icahn School of Medicine at Mount Sinai today announced the launch of a new center dedicated to advancing the delivery of health care through research, development, and implementation of innovative artificial intelligence tools and technologies. The Hamilton and Amabel James Center for Artificial Intelligence and Human Health in Manhattan to combine artificial intelligence with data science and genomics in a standalone site. The building will enable researchers to enhance their
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2019 MedTech Breakthrough Award Category Winners Announced

by Jasmine Pennic 06/06/2019 Leave a Comment

2019 MedTech Breakthrough Award Category Winners Announced

MedTech Breakthrough, a market intelligence organization that recognizes the top companies, technologies, and products in the global digital health and medical technology market has unveiled the results of its 2019 MedTech Breakthrough Awards program, showcasing technologies and companies that drive innovation and exemplify the best in medical and health-related technology solutions across the globe.MedTech Breakthrough Awards Program OverviewThe MedTech Breakthrough Awards program is the
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Mothers in the U.S. Are Dying: What Are We Doing to Save Them?

by Juan Pablo Segura, Co-founder of Babyscripts 06/06/2019 Leave a Comment

Digital Health - Is It Worth It? How to Calculate ROI in Digital Health

The maternal mortality rate in the United States is the highest of any developed country – and the rate is rising. The US is currently the most dangerous place to give birth in the developed world. Few to none of these maternal deaths are due to medical mismanagement. Instead, problems of access, care coordination, and inequities in health care resources and social services are at the heart of maternal death rates. Minority women, particularly those facing socioeconomic challenges, are the
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RSIP Vision Launches AI-Driven Solution for Knee Replacement Patients

by Fred Pennic 05/29/2019 Leave a Comment

RSIP Vision, a provider artificial intelligence (AI), computer vision, and image processing technology, has announced the release of a new AI module that promises a life-changing impact on the millions of patients who undergo knee surgery every year. For most, knee replacement surgery is a difficult option, with a painful recovery and a long, rigorous rehabilitation period. Now the superior accuracy and precision of the RSIP Vision AI solution, unmatched in the market today, revolutionizes knee
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3 Major Problems With the Medical Device and Wearables Market in 2019

by HITC Staff 05/29/2019 Leave a Comment

3 Major Problems With the Medical Device and Wearables Market in 2019

Technology can improve human life in significant ways and aid in the fight against troublesome illnesses. Unfortunately, no technology is perfect — and newer technologies are especially prone to growing pains.There are three major problems in today's medical devices and wearables market: potential sabotage of the devices themselves, devices as a backdoor into networks and patient data, and device manufacturers taking advantage of regulatory loopholes to get their products on the market.1. Many
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UnityPoint Health Launches $100M Venture Fund to Invest in Early-Stage Growth Startups

by Fred Pennic 05/24/2019 Leave a Comment

UnityPoint Health Launches $100M Venture Fund to Invest in Early-Stage Growth Startups

UnityPoint Health, a West Des Moines, IA-based network of hospitals, clinics, and home care services in Iowa, Illinois, and Wisconsin has announced the launch of its $100M venture fund at the inaugural MedCity INVEST Pop Health conference in New Orleans this week. The UnityPoint Health Ventures Innovation Fund will manage and direct the health system’s financial and strategic investment opportunities in early-stage growth companies in four key sectors: digital health, medical devices,
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Biofourmis Lands $35M for AI-Powered Digital Therapeutics Platform

by Jasmine Pennic 05/21/2019 Leave a Comment

Biofourmis Lands $35M for AI-Powered Digital Therapeutics Platform

Biofourmis, a Boston, MA-based digital therapeutics platform, today announced that it has raised $35 million in Series B funding led by Sequoia Capital/Sequoia India and co-led by Mass Mutual. The latest funding round will enable the company to advance its proprietary artificialintelligence (AI)-powered digital therapeutics platform and pipeline that treats and manages a range of complex chronic conditions.Digital Therapeutics is Redefining The Healthcare Value ChainFounded in 2015, Biofourmis
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3 Challenges of Healthcare Internet of Things (IoT) Performance Testing

by Maxim Chernyak, Head of Test Automation & Performance Testing Lab at A1QA 05/21/2019 Leave a Comment

Is Internet of Medical Things (IoMT) on Par With the IoT Market as a Whole?

There’s no doubt that the internet of things (IoT) creates a new technological ecosystem in healthcare, helping organizations manage bottlenecks in care and bridging the gap between patients and providers. The list of applications for connected devices in hospitals keeps growing from real-time staff tracking across facilities to ensuring preventive equipment maintenance and 24/7 patient vitals monitoring in ER and resuscitation departments.But care delivery doesn’t stop after discharge. A range
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FDA Grants Breakthrough Designation to RenalytixAI for AI-Enabled Diagnostic for Kidney Disease

by Fred Pennic 05/03/2019 Leave a Comment

RenalytixAI Lands $29M for AI-Driven Kidney Disease Diagnosis Platform, Will Launch Product with Mount Sinai in 2019

RenalytixAI, a developer of artificial intelligence-enabled clinical diagnostics for kidney disease, today announced that it has been granted Breakthrough Device designation by the U.S. Food and Drug Administration (FDA), for its lead diagnostic, KidneyIntelX™. This is the first such designation for an AI-enabled diagnostic for kidney disease publicly announced by any company.FDA Breakthrough Devices Program OverviewThe FDA’s Breakthrough Devices Program is a voluntary program for certain
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