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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Mount Sinai Health System | Healthcare Delivery Services for Patients | News, Analysis - HIT Consultant
Roundtrip Nabs $5.1M to Expand Digital Transportation Marketplace for Providers & Patients
Roundtrip, a Philadelphia, PA-based digital transportation marketplace for better health outcomes announced it has raised $5.14M in Series A funding led by Motley Fool Ventures, with participation from a multi-billion dollar international healthcare software and medical device company, Ben Franklin Technology Partners of Southeastern Pennsylvania and Johns Hopkins University.Digital Transportation MarketplaceEvery day, 10,000 patients miss or delay care due to a transportation barrier. Learn
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March 2019 News, Merger & Acquisition, IPO, Public Company Performance Summary
A brief summary of noteworthy news, health IT M&A activity, IPOs, and public company performance during the month of March.
Noteworthy News
Amazon, JP Morgan, Berkshire Names New Joint Venture Haven
Amazon, J.P. Morgan, and Berkshire Hathaway name joint venture Haven. In January 2018, the three founding companies announced plans to create this independent organization, now called Haven, which is free from profit-making incentives and constraints. Haven’s focus is the 1.2 million
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Mount Sinai Launches Institute for Digital Health to Improve Health Outcomes
The Mount Sinai Health System (MSHS) and the Hasso Plattner Institute (HPI) are teaming up to launch the Hasso Plattner Institute for Digital Health at Mount Sinai with the goal to develop digital health products with real-time predictive and preventive capabilities that empower patients and health care providers and improve health and health outcomes. Together, the new institute brings together industry leaders with combined expertise in health care delivery, health sciences, biomedical and
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Study: Artificial Intelligence May Fall Short for Data Analysis Across Multiple Health Systems
A study reveals artificial intelligence must be carefully tested across multiple environments before being put into clinical practice.Artificial intelligence (AI) tools trained to detect pneumonia on chest X-rays suffered significant decreases in performance when tested on data from outside health systems, according to a new study conducted at the Icahn School of Medicine at Mount Sinai and published in a special issue of PLOS Medicine on machine learning and healthcare. These findings
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Mount Sinai Opens Center for Biomedical Blockchain Research to Develop Healthcare Blockchain Apps
First venture launched by an academic medical center to use blockchain technology to solve healthcare and medical science problems. The Icahn School of Medicine at Mount Sinai and the Institute for Next Generation Healthcare has announced the official opening of the Center for Biomedical Blockchain Research. The center is the first of its kind at any academic medical center to utilize blockchain technology, a distributed, decentralized secure database system originally developed for Bitcoin, to
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Mount Sinai Taps Joel Dudley, PhD to Create Precision Health Enterprise
Joel Dudley, PhD, an internationally recognized investigator in translational bioinformatics and precision medicine, has been named Executive Vice President for Precision Health for the Mount Sinai Health System. In this new role, he will create a Precision Health Enterprise by linking pioneering research conducted in the Icahn School of Medicine at Mount Sinai (ISMMS) with implementation strategies developed in collaboration with leadership and staff throughout the Health System.Precision
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Mount Sinai Researchers Use AI-Driven Algorithms to Help Doctors Diagnose Diseases
Researchers used machine learning techniques, including natural language processing algorithms, to identify clinical concepts in radiologist reports for CT scans, according to a study conducted at the Icahn School of Medicine at Mount Sinai and published today in the journal Radiology. The technology is an important first step in the development of artificial intelligence that could interpret scans and diagnose conditions.From an ATM reading handwriting on a check to Facebook suggesting a photo
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Mount Sinai Taps MuleSoft to Create API Economy to Share Patient Data
MuleSoft, an application network company, announced Mount Sinai, New York’s largest integrated health system is leveraging Anypoint Platform to broaden its ability to share data beyond the four walls of its hospitals. Historically, Mount Sinai struggled to share patient data across its massive health system which includes 7,100 primary and specialty care physicians, 12 joint-venture ambulatory surgery centers, more than 140 ambulatory practices and 31 affiliated community health centers.Mount
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Mount Sinai to Deploy Lumeris Value-Based Services to Optimize Population Health Outcomes
Mount Sinai Health System, New York City’s largest integrated delivery system has signed an agreement with Lumeris, a value-based care management service provider to optimize Mount Sinai's population health outcomes. Mount Sinai has already made great strides in covering populations at risk but under the guidance of Lumeris they plan to double the number of lives covered under value-based care arrangements.The multi-year collaboration focuses on better engaging physicians in the value-based care
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