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Medtronic| Medical Technology Services & Solutions | News, Analysis, Insights - HIT Consultant

HealthQuest Capital Closes $675M for Fund IV to Invest in Transformational Healthcare Companies

by Fred Pennic 05/18/2022 Leave a Comment

HealthQuest Capital Closes $675M for Fund IV to Invest in Transformational Healthcare Companies

What You Should Know: - HealthQuest Capital, a sector specialist capital firm focused on companies optimizing value in healthcare, today announced the close of HealthQuest Partners IV, L.P., at its hard cap of $675M . - The oversubscribed fund will enable HealthQuest to continue to invest in growth-stage companies that are revolutionizing the healthcare industry. Providing Growth Capital to Companies Transforming Healthcare Founded in 2013 by Garheng Kong, a physician, scientist, and
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Biofourmis Secures $300M to Expand Virtual Care Offerings

by Digital Health Funding 04/26/2022 Leave a Comment

Biofourmis Secures $300M to Expand Virtual Care Offerings

What You Should Know: - Biofourmis, a global leader in virtual care and digital medicine raises $300 million in Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, - Biofourmis also announced that former Medtronic CEO and Chairperson at Intel, Dr. Omar Ishrak, will join the company’s Board of Directors as Chairman. Transforming Patient Health Through Personalized, Predictive Care Founded in
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Medtronic Taps Vizient to Offer AI-Powered Surgical Video Management & Analytics Platform for OR

by Jasmine Pennic 03/09/2022 Leave a Comment

Medtronic Taps Vizient to Offer AI-Powered Surgical Video Management & Analytics Platform for OR

What You Should Know: - Medtronic announced a new contract with Vizient, a leading healthcare performance improvement company for more than half the nation’s healthcare providers, to offer Touch Surgery™️ Enterprise, the first AI-powered cloud-based video management and analytics platform for the OR. The latest offering from Medtronic’s Surgical Robotics portfolio, Touch Surgery™ Enterprise makes it easy to capture and analyze surgical video and ensures data privacy compliance with AI that
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Medtronic, AWS to Provide Underserved Communities with AI-Assisted Colon Cancer Screening

by Fred Pennic 02/22/2022 Leave a Comment

Medtronic, AWS to Provide Underserved Communities with AI-Assisted Colon Cancer Screening

What You Should Know: - Medtronic and AWS, today announced a partnership to provide underserved communities with artificial intelligence (AI)-assisted colonoscopy technology through AWS’s $40M Health Equity Assistance Program for colon cancer screening. - Amazon Web Services will support the effort to provide Medtronic GI Genius™ intelligent endoscopy modules to facilities that primarily serve communities with low screening rates or where access to this technology is not currently
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Medtronic Awarded FDA Clearance for 2 AI Algorithms for Cardiac Monitoring

by Fred Pennic 07/30/2021 Leave a Comment

medtronic

What You Should Know: - Medtronic announced U.S. Food and Drug Administration (FDA) clearance for two AccuRhythm™ AI algorithms for use with the LINQ II™ insertable cardiac monitor (ICM) – and the presentation of AccuRhythm AI validation data this week at Heart Rhythm 2021. - AccuRhythm AI applies artificial intelligence (AI) to heart rhythm event data collected by LINQ II, improving the accuracy of information physicians receive so they can better diagnose and treat abnormal heart
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Medtronic Secures 2 CE Mark Approvals for Guardian 4 Sensor & For InPen MDI Smart Insulin Pen

by Jasmine Pennic 05/26/2021 Leave a Comment

Medtronic Secures 2 CE Mark Approvals for Guardian 4 Sensor & For InPen MDI Smart Insulin Pen

What You Should Know: - Today Medtronic announced multiple CE Marks for a portfolio of diabetes products that will launch in Europe later this year. This includes InPen and Guardian 4 sensor which requires no fingersticks - . The new CE Marks also allow for this next generation sensor to be integrated with either MiniMed 780G or InPen or for stand-alone CGM use as well. InPen MDI Smart Insulin Pen The InPen is the first and only smart insulin pen approved in Europe that's
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Medtronic Launches World’s First 7-Day Wear Infusion Set to Reduce Burden for People with Diabetes

by Jasmine Pennic 04/14/2021 Leave a Comment

Medtronic Launches World’s First 7-Day Wear Infusion Set to Reduce Burden for People with Diabetes

What You Should Know: - Medtronic has announced the launch of the world’s first and only infusion set that can be worn for up to seven days (instead of the typical three) in select European countries. The infusion set is responsible for delivering insulin from the pump into the body. This new infusion set is compatible with all MiniMed™ 600 and 700 series insulin pumps. - It’s recommended that typical insulin infusion sets be changed every three days, whereas the glucose sensor (which is
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Medtronic Launches Initiatives to Address Health Equity for People of Color Living with Diabetes

by Jasmine Pennic 04/07/2021 Leave a Comment

diabetes management qualcomm medtronic diabetes

What You Should Know: - Medtronic announced its ongoing commitment to health equity for people of color living with diabetes. The company committed investments in partnerships with the American Diabetes Association® (ADA) and T1D Exchange, as well as additional research efforts, to better understand and address these disparities. New Partnerships and Research Efforts Prioritized Over the Next Three Years to Address Health Disparities Details of each partnership, as well as additional
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COVID Exposed The Dire Need for Real-Time Healthcare Data Sharing

by Birju Shah, Head of Product for Uber Health & Communities, and Nick Jordan, Founder and CEO, Narrative 03/31/2021 Leave a Comment

COVID Exposed The Dire Need for Real-Time Healthcare Data Sharing

In a world where technology and Big Data can provide us with instantaneous access to our banking transactions, and our financial information and credit reports can be retrieved with a few keystrokes when applying for a mortgage -- trying to get access to our own healthcare data is exasperating.  Beyond exasperating, is the frightening situation when the inability to access up-to-date and accurate information, can result in an aggravated medical condition or even death. Before the
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SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman

by Fred Pennic 02/05/2021 Leave a Comment

SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman

What You Should Know: - Compute Health Acquisition, a SPAC company targeting the intersection of computation and healthcare announced the pricing of its $750M initial public offering (IPO) by offering 75 million units at $10.  Compute Health Acquisition Corp. (the “Company”), a SPAC “blank check” company announced today that it priced its initial public offering of 75,000,000 units at $10.00 per unit. The units will be listed on The New York Stock Exchange (“NYSE”) and trade under the
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