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

4 Ways to Prioritize Health Equity In Your Care-At-Home Program

by Chemu Langat, Chief Operating Officer, Best Buy Health 12/21/2022 Leave a Comment

The healthcare industry is in the middle of navigating two major trends: technology is moving into healthcare, and healthcare is moving into the home. As providers, payers, vendors, and industry newcomers scramble to figure out “who’s on first,” we all sense the possibility of this quantum leap moment for healthcare.  Many of our collective conversations right now are focused on a critical imperative for these emerging care models: improving health equity across racial, gender, age,
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Sonde Health Secures $19.25M for Voice-Based Health Monitoring

by Fred Pennic 12/08/2022 Leave a Comment

Sonde Health Secures $19.25M for AI Vocal Biomarker Platform

What You Should Know: - Sonde Health, a Boston, MA-based health technology company committed to bringing accessible health monitoring to everyone raises $19.25 million in a Series B investment round led by Partners Investment, with participation from NEOM Company, KT Corporation, and existing investors, including co-founder PureTech Health and M Ventures. - The AI vocal biomarker company will use the funding to accelerate its commercial growth, expand its platform into new health
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Palo Alto Networks Launches Medical IoT Security for Medical Devices

by Syed Hamza Sohail 12/06/2022 Leave a Comment

Palo Alto Networks Launches Medical IoT Security for Medical Devices

What You Should Know: What You Should Know: - Palo Alto Networks (NASDAQ: PANW) announced Medical IoT Security — the most comprehensive Zero Trust security solution for medical devices — enabling healthcare organizations to quickly and securely deploy and manage new connected technologies. Zero Trust is a strategic approach to cybersecurity that secures an organization by eliminating implicit trust by continuously verifying every user and device. - As healthcare providers use digital
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Driving Healthcare Operational Efficiency with IoT Sensing as a Service

by Guy Yehiav, President of SmartSense by Digi 12/02/2022 Leave a Comment

Driving Healthcare Operational Efficiency with IoT Sensing as a Service

Amid widespread staffing shortages across the healthcare sector, the need for IoT-enabled digital transformation in hospitals and patient care facilities is increasingly clear. For the first time since 2004, a lack of staffing has overtaken financial volatility as the No. 1 concern among healthcare CEOs in the American College of Healthcare Executives’ annual survey. Meanwhile, from canceled appointments to delayed surgeries, more than half of all U.S. patients report reductions in care quality
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HLTH22: AWS Launches Imaging, Health Analytics Capabilities

by HITC Staff 11/15/2022 Leave a Comment

AWS Launches Imaging, Health Analytics Capabilities

What You Should Know: - Amazon Web Services (AWS) launches two new capabilities in HealthLake that deliver innovations for medical imaging and analytics. These new capabilities in Amazon HealthLake will enable next-generation imaging workflows in the cloud and derive insights from multi-modal health data, while complying with HIPAA, GDPR, and other regulations. Amazon HealthLake Imaging Amazon HealthLake Imaging is a new HIPAA-eligible capability that makes it easy to store,
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HLTH22: Henry Schein Medical Expands SolutionsHub with Rimidi

by HITC Staff 11/15/2022 Leave a Comment

Henry Schein Medical Expands SolutionsHub with Rimidi

What You Should Know: - Henry Schein Medical today announced the expansion of its Solutions Hub with Rimidi, a SaaS company that brings together remote patient monitoring, patient-reported outcomes, and clinical decision support to help enhance patient care. - With this partnership, clinics, medical groups, and health systems served by Henry Schein will have access to Rimidi’s cloud-based software platform, which helps deliver an efficient model of care for patients with chronic
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How Biosensing Tech Can Alleviate Dehydration in Older Adults

by Jennifer Corso (Kukral), Upstream Marketing Manager, Physiology, Rockley Photonics 11/15/2022 Leave a Comment

How Biosensing Tech Can Alleviate Dehydration in Older Adults

For most adults, the first sign of dehydration is feeling thirsty. However, as we age, our thirst sensation naturally weakens, which means older people may not know that they need more fluids until they’re typically underhydrated, putting them at a higher risk of clinical dehydration. Other age-related physiological changes can also impact a person’s ability to remain hydrated, such as a decline in kidney function. Indeed, renal function begins to diminish around the age of 50. This is due
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JPMorgan Establishes Life Sciences Private Equity Division

by Fred Pennic 11/02/2022 Leave a Comment

JPMorgan Establishes Life Sciences Private Equity Division

What You Should Know: - J.P. Morgan Asset Management announced the establishment of a new life sciences private equity team, Life Sciences Private Capital. - The new team will focus on investing in both early and growth-stage healthcare companies across multiple strategies aligned to specific market opportunities, with a focus on novel therapeutics and technologies in several target areas including Genetic Medicine, Oncology, Neurodegenerative Disease, Rare Diseases, Autoimmunity,
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MedCrypt Raises $25M for Medical Device Cybersecurity Platform

by Fred Pennic 11/01/2022 Leave a Comment

MedCrypt Raises $25M for Medical Device Cybersecurity Platform

What You Should Know: - Today, MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers raises $25M in Series B funding led by Intuitive Ventures and Johnson & Johnson Innovation.  - The round included participation from institutional investors Section 32, Eniac Ventures, Anzu Partners, and Dolby Family Ventures. This round of funding brings the company's total to date to $34.4M. Rising Need for Medical Device Cybersecurity This round stems
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The Desire for Cost Savings Driving Key Trends in Healthcare Market

by John Calcagnini, Managing Director of Healthcare & Life Sciences at Stout 10/28/2022 Leave a Comment

The Desire for Cost Savings Driving Key Trends in Healthcare Market

The healthcare market underwent significant changes during the pandemic as patients rethought how they received care, including opting for more telehealth and deferred elective procedures, but patient care is now normalizing as patients return to the office. However, payers are working to reduce the cost of care to reel in healthcare costs and keep premiums lower to remain competitive, driving key changes. Ambulatory Surgery and Home Care Surgeries are increasingly moving away from
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