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medical technology

18 Healthcare Augmented Reality and Virtual Reality Companies to Watch

by HITC Staff 06/29/2020 Leave a Comment

Fundamental Surgery Becomes First VR Surgical Training Simulation to Gain CPD Accreditation

Augmented reality (AR) and virtual reality (VR) are redefining what's possible in healthcare, as well as other sectors. The 18 companies listed below are some of the top virtual and augmented reality companies in the medical industry.  Defining Augmented Reality Augmented reality is a technology that blends real-world elements with virtual ones. For example, a person might visit a trade show and aim their smartphone at a display to activate an AR experience that allows them to see
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2020 MedTech Breakthrough Award Winners Announced

by Fred Pennic 05/21/2020 Leave a Comment

2020 MedTech Breakthrough Award Winners Announced

What You Should Know: - MedTech Breakthrough announces 2020 MedTech Breakthrough Award Winners that recognizes the top companies, people, platforms, and products in the health, fitness, and medical technology industries today. - The 2020 MedTech Breakthrough Awards program is open to all individuals, companies, and organizations involved in producing digital health and medical technology products and services.  MedTech Breakthrough, a market intelligence organization that recognizes
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SV Health Investors Forms $90M Medtech Convergence Fund

by Jasmine Pennic 04/06/2020 Leave a Comment

SV Health Investors Forms $90M Medtech Convergence Fund

What You Should Know: - SV Health Investors forms $90M  Medtech Convergence Fund (MCF) focused on the increasing convergence of medical technology with software, telecommunications, and new service models to create solutions to some of the most significant health challenges. - MCF will focus on early-stage, novel device and technology solutions that are differentiated in usability and outcomes with meaningful barriers to entry through IP, design, and clinical data.  SV Health
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Providence Uses Remote Patient Monitoring For 700+ COVID-19 Patients

by Fred Pennic 03/30/2020 Leave a Comment

Providence is Monitoring Patients Suffering from COVID-19 Symptoms

What You Should Know: - Providence is monitoring patients suffering from COVID-19 symptoms using Xealth’s digital health platform to deliver Twistle’s care automation and remote patient monitoring platform. - So far, more than 700 positive or presumptive positive COVID-19 patients are already being helped with this solution at home, keeping patients safe while reducing additional stress on hospitals, emergency rooms, and front-line health care teams. - Patients who are exhibiting
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4 Hospitals Leveraging Social Media to Improve Patient Engagement

by HITC Staff 02/27/2020 Leave a Comment

Can Healthcare Social Media Prevent Chronic Disease

Social media is an essential online marketing and outreach tool for any organization that wants to connect to the largest audience possible. However, health organizations — like hospitals — can face unique challenges in managing social media, which can make effectively leveraging these tools less straightforward. Many large hospitals have been successful in making social media work for them. As a result, they've provided a template that other healthcare
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Medtronic Acquires AI-Powered Surgical Simulation Platform Digital Surgery

by Fred Pennic 02/17/2020 Leave a Comment

Medtronic Acquires AI-Powered Surgical Simulation Platform Digital Surgery

- Medtronic acquires Digital Surgery, a London-based provider of artificial intelligence (AI) driven surgical data and analytics company Digital Surgery for an undisclosed sum. - The acquisition will accelerate Medtronic’s strategy to provide AI and data within laparoscopic and robotic-assisted surgery. Medtronic, a global provider of medical technology solutions and services, announced the acquisition of Digital Surgery, a London-based privately-held pioneer in surgical artificial
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CitiusTech Inks Partnership with Google Cloud to Accelerate Digital Transformation

by Fred Pennic 02/10/2020 Leave a Comment

CitiusTech Inks Partnership with Google Cloud to Accelerate Digital Transformation

- CitiusTech announces partnership with Google Cloud to accelerate digital transformation for healthcare organizations. - This partnership brings together Google Cloud’s technology and CitiusTech’s proven understanding of the complex healthcare environment. CitiusTech, a leading provider of healthcare technology services and solutions, today announced a partnership with Google Cloud to accelerate digital transformation and cloud adoption across healthcare organizations. As a Google
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Brainlab Acquires Patient-Centered Outcomes Platform VisionTree

by Fred Pennic 01/23/2020 Leave a Comment

Brainlab Acquires Patient-Centered Outcomes Platform VisionTree

- Brainlab acquires VisionTree Software Inc., a San Diego, CA-based provider of modular, cloud-based, patient-centered outcomes platform for specialty patient care, engagement and research. - The established ePRO solution will complement the Brainlab cloud-based infrastructure and registry solution aiming to deliver patient engagement and even more comprehensive quality reporting.- Brainlab will continue to invest in the VTOC platform aiming to facilitate data collection across all available
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How Machine Learning Can Support Early Intervention for High-Risk Patients

by Mark Scott, Chief Marketing Officer at Apixio 01/07/2020 Leave a Comment

How Machine Learning Can Support Early Intervention for High-Risk Patient

U.S. healthcare costs have skyrocketed over the last decade and show no sign of slowing down. We currently spend $3.5 trillion a year on healthcare—about $11,000 per person, more than twice the average per-person spending in other developed countries. And healthcare costs are expected to nearly double to $6 trillion by 2027, further adding to the financial burden on patients, plans, and providers. Healthcare organizations are exploring a wide range of options to help contain costs while ensuring
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019

by Fred Pennic 12/27/2019 Leave a Comment

Kareo Sells Managed Billing Services Business to Health Prime International

- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter. Q1 M&A Activity Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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