What You Should Know: Strategies employed by payers, provider-sponsored health plans, and provider organizations are starting to become more proactive, and the need for solutions with prospective, predictive capabilities is rising. Additionally, amid rising healthcare costs and economic uncertainty, organizations are looking for solutions that deliver more for less.A new KLAS report examines risk adjustment vendors’ abilities to drive outcomes and value, their prospective capabilities,
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mobile health
LifeOmic Launches Patient Engagement App to Automate Patient Pathways
What You Should Know: LifeOmic, a healthcare technology company powering precision health with its end-to-end software solution, the LifeOmic Platform, today announced the launch of its Patient Mobile App. LifeOmic’s Patient Mobile App enables the two-way connection between the healthcare team and patient. With the LifeOmic Patient Mobile App, healthcare providers have access to a highly configurable solution that integrates directly into their existingworkflows to meet
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Medical Coding Market to Reach $15.3B by 2033, Report Finds
What You Should Know: - The medical coding market is estimated to secure a valuation of $ 6.7B in 2023 and is estimated to rise to $15.3B by 2033 at a CAGR of 8.6% during the 2023 to 2033 forecast period, according to a new Future Market Insights report. - The increasing availability of a large number of medical coding service providers and the rising adoption rate of advanced healthcare solutions like electronic health records (EHRs), revenue cycle management (RCM) software, and mobile
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5 Key Trends in Women’s Health Technology for 2023 to Watch
Women's healthcare faces an uphill battle after centuries of being ignored. Yet, ironically enough, women currently share half of the consumerism market, hold power over 80% of household financial decisions, and make 70% of healthcare-related choices in their families. Despite this, their access to proper healthcare often comes up short. But with the market for women's healthcare predicted to be worth over $47 billion, changes are starting to occur. And with the recent attacks and laws on
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Clarius Awarded FDA Clearance for AI Ultrasound Musculoskeletal Imaging App
What You Should Know: - Clarius Mobile Health, a leading provider of high-definition handheld ultrasound systems, receives 510(k) clearance for its new MSK AI model, which automatically identifies and measures tendons in the foot, ankle, and knee using artificial intelligence (AI). - The new MSK AI model will be available soon with the Clarius L7 HD3 and Clarius L15 HD3 high-frequency, wireless handheld ultrasound scanners. AI Driven Imaging To Improve
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When Innovation Isn’t Enough: Pharma’s Next Frontier
I met Mark Cuban once. Our conversation didn’t last very long. It was at a medical conference a few years ago. Cuban felt like a great guy to approach with an idea for a healthcare startup. We were both investors in an automation software startup called Zoba, and I of course knew him from his role on the popular entrepreneurial reality TV series Shark Tank. A few seconds into our conversation, Cuban paused. “Healthcare is hard,” he sighed. That was his way of politely telling me: for that
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Sprinter Health Partners with Firefly Health to Close Care Gap
What You Should Know: - Sprinter Health, an on-demand mobile health and diagnostics company bringing personalized and affordable healthcare services to the home, today announced a partnership with Firefly Health, a health plan and virtual-first care innovator with a mission of delivering half-priced health care that’s twice as good, clinically and emotionally. - The partnership aims to improve access to care while saving downstream costs by integrating Sprinter Health’s in-home clinical
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Clarius Marketplace Launches for AI Ultrasound Innovators
What You Should Know: - Clarius Mobile Health, a leading provider of high-definition wireless ultrasound systems, today announced Clarius Marketplace, a new platform that enables ultrasound innovators to bring their AI-powered software solutions to market faster by integrating with the Clarius ecosystem, which includes 10 wireless ultrasound scanners and advanced Software-as-a-Service. - Clarius members will gain access to solutions designed to streamline ultrasound training,
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Rockley Photonics Develops Smaller, Powerful Chip for Health Wearables
What You Should Know: - Rockley Photonics Holdings Limited, a global leader in photonics-based health monitoring and communications solutions, recently announced that it has developed what it believes to be the world’s first micro-transfer-printed (mTP) silicon-photonics-based laser for commercial applications. - This groundbreaking achievement is expected to allow Rockley to further increase the density and reduce the size of its high-density spectrophotometer chips — which are already
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RWJUH Opens Center for Innovation for Medical Research
What You Should Know: - Robert Wood Johnson University Hospital (RWJUH), an RWJBarnabas Health facility, and Rutgers Robert Wood Johnson Medical School (RWJMS) launched a new model for medical research and innovation today at the grand opening of its Center for Innovation, located on the main campus of the hospital. - The Center for Innovation is a partnership between RWJUH and Rutgers RWJMS to bring together clinicians, researchers and private industry to invent and develop new
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