– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of July 2020.
While a pandemic ravages the country, technology valuations are soaring. The Nasdaq hit an all-time high during the month of July, sailing through the 10,000 mark to post YTD gains of nearly 20%, representing a 56% increase off the low water mark on March 23. More notably, the Nasdaq has outperformed
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NLP
Ciox Health Acquires Biomedical NLP Company Medal
What You Should Know:
- Ciox Health has acquired Medal, Inc., a biomedical
Natural Language Processing (biomed-NLP) technology company.
- The acquisition will lead Ciox to better and more
quickly enable real-world data in support of research that advances patient
care.
Ciox
Health, a leading health technology company, today announced its acquisition
of San Francisco-based biomedical Natural Language Processing (biomed-NLP)
technology company, Medal, Inc., a leader
in
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Leveraging Big Data for Real World Clinical Analytics
Recently, as the world has watched the coronavirus crisis unfold, the power of big data to track, illustrate, and inform has taken center stage. A compelling example is the near real-time map created by Johns Hopkins Center for Systems Science and Engineering (CSSE) that shows all the cases as the disease spreads across the globe.
With far-reaching implications for healthcare, big data enables deep analysis of data from a myriad of sources – electronic medical records (EMRs), claims,
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SyTrue Offers Free AI-based Solutions to Fight the COVID-19 Pandemic
What You Should Know:
- SyTrue offers its free AI-based solutions free of charge to qualified global public health organizations to help researchers and governments battling the COVID-19 pandemic
- SyTrue has developed solutions that enable identification of disease trends, early detection, and interventions, safety-monitoring of medicinal therapies, COVID-19 knowledge extraction, and accelerated identification of patient cohorts.
The solution will support efforts to identify
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COVID-19 Pandemic: Prevent the Oncoming Medical Information Crisis
“You only know who is naked when the tide goes out,” Warren Buffett famously said of the nation’s businesses when markets tank. For the nation’s information systems, the opposite is true. You see their weaknesses when they are inundated by a tidal wave of data.
A case in point is the information infrastructure of the American healthcare system, which will play a critical role in understanding and battling the COVID-19 pandemic. Just as the capacity of some national health systems have been
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What Health IT Thought Leaders Say HIMSS20 Would Have Focused On—If It Had Happened
What You Need to Know:
Health IT thought leaders share what HIMSS20 would have focused On—if It had happened.
- Hot topics include health IT to address COVID-19; artificial intelligence; EHR interoperability and usability; and more.
–Kuldeep Singh Rajput, CEO of Biofourmis, Boston, Mass., which provides digital therapeutics that power personalized predictive care
“Remote monitoring platforms and clinical-grade wearables combined with artificial intelligence [AI]-based
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Chilmark Research: The Promise of AI & ML in Healthcare Report
What You Need to Know:
- New Chilmark Research report reveals artificial intelligence and machine learning (AI/ML) technologies are capturing the imagination of investors and healthcare organizations—and are poised to expand healthcare frontiers.
- The latest report evaluates over 120 commercial AI/ML solutions in healthcare, explores future opportunities, and assesses obstacles to adoption at scale.
Interest and investment in healthcare AI/ML tools
is booming with approximately
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Due to Coronavirus Outbreak, Medicomp Systems Pulls Out of HIMSS20
What You
Need to Know:
Medicomp Systems cancels its participation in the HIMSS 2020 conference due to the coronavirus (COVID-19) outbreak posing an unacceptable health risk for its staff.
Medicomp Systems, a Washington, D.C.-based provider
of clinician-driven, point-of-care solutions that fix EHRs, announced today that the company is
canceling its participation in the 2020 HIMSS Global Health Conference &
Exhibition, March 9–13, 2020 in Orlando to protect the health and safety of
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The Many Faces of AI in Clinical Trials
AI is being applied in several aspects for the clinical trial process today. From analyzing real-world data and scientific information to providing improved patient stratification and predictive outcomes, and assisting with different aspects of clinical trial operations. Here are some of the technologies using AI and machine learning in the clinical trial space today, outlining how they fit within the clinical trial ecosystem and discuss the impact on future clinical trial designs.
The
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5 Ways Artificial Intelligence Is Transforming Digital Pathology
- As the digital pathology market grows, facilities that rely on digital pathology will start using artificial intelligence (AI) to assist. AI could help health professionals cope with the gigantic quantities of data - Discover why healthcare facilities increasingly realize that AI could help achieve significant impacts with digital pathology.Thanks to approvals from the Food and Drug Administration (FDA) for applications such as primary disease diagnosis, digital pathology is rapidly becoming
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