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Impact of Precision Medicine| News, Policy, Analysis, Insights - HIT Consultant

COVID-19 Outbreak: The Opportunity & Importance of Health Informatics

by Healthcare Growth Partners (HGP) 04/21/2020 Leave a Comment

COVID-19 Outbreak: The Opportunity and Importance of Health Informatics

Never before has health informatics played a greater role in public health than during the COVID-19 pandemic.  While the Health IT industry is certainly challenged due to the overall disruption to the healthcare system, the pandemic undoubtedly underscores the opportunity and importance of health informatics, such as telehealth, remote patient monitoring, patient engagement, AI-based drug discovery, precision medicine, and clinical decision support, but nowhere more pressing than the fields of
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Using Health IT to Preserve Antibiotics and Fight Drug-Resistance

by Evan Jones, CEO of OpGen 03/10/2020 Leave a Comment

Using Technology to Preserve Antibiotics and Fight Drug-Resistance

In its latest report on antibiotic resistance, the CDC revealed that infection rates for many threat pathogens are stagnant or in a nominal decline. While this is promising news, there are still a startling 2.8 million cases of drug-resistant infections predicted this year, which will result in an estimated 35,000 deaths. What’s more, the speed at which some patients are developing resistance to last-resort antibiotics – those that are often reserved for special scenarios and designed
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Chilmark Research: The Promise of AI & ML in Healthcare Report

by Jasmine Pennic 03/09/2020 Leave a Comment

Report: The Promise of Artificial Intelligence & Machine Learning in Healthcare

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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TeraRecon Acquired by SymphonyAI: What is the Impact for Medical Imaging Market?

by Simon Harris, Managing Director at Signify Research 03/09/2020 Leave a Comment

TeraRecon Acquired by SymphonyAI: What is the Impact for Medical Imaging Market?

On the 4th March 2020, TeraRecon announced it had signed an agreement to be acquired by the SymphonyAI Group. Here are the facts of the deal, followed by our take on the potential impact on the medical imaging market: - The terms of the deal were not disclosed and TeraRecon will continue to operate business as usual. However, it will benefit from greater financial backing and the synergistic technologies from other companies in the Group’s portfolio. - TeraRecon is an Advanced
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UChicago Medicine Selects Life Image’s Breast Health Data Tool

by Jasmine Pennic 01/20/2020 Leave a Comment

UChicago Medicine Selects Life Image’s Breast Health Data Tool

- UChicago Medicine working with Mammosphere by Life Image to allow patients easy, secure access to their breast imaging and to support the WISDOM Study to establish screening guidelines. - Mammosphere was developed to support women throughout their entire breast health journey, including contributing to scientific research. By offering patients this digital tool, patients in the WISDOM Study will have additional tools to support their long-term commitment to the research.Life Image, the world’s
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Personal Genome Diagnostics, Mayo Clinic Partner to Enhance Patient Care in Oncology

by Fred Pennic 01/08/2020 Leave a Comment

Personal Genome Diagnostics, Mayo Clinic Partner to Enhance Patient Care in Oncology

- Together, PGDx and Mayo Clinic will focus on technology optimization and clinical utility studies for liquid biopsy and tissue-based genomic applications.- The shared vision and overall goal for PGDx and Mayo Clinic is to improve patient care by advancing the capabilities of oncology diagnostics testing. Personal Genome Diagnostics Inc. (PGDx), a leader in cancer genomics, today announced a strategic collaboration with Mayo Clinic to enhance the development of clinical diagnostic solutions for
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Health Data Privacy: Why Eroding Public Trust Harms Medical Research

by Scott Kahn, Ph.D, Chief Information Officer at LunaPBC 01/08/2020 Leave a Comment

Healthcare Data Privacy: Why Eroding Public Trust Harms Medical Research

Using Data Privacy to Empower Health Research The importance of data security and data privacy policies have recently come under scrutiny due to revelations around Google’s Project Nightingale. The initiative with Ascension, the nation’s largest nonprofit health system, granted Google access to medical records of more than 50 million individuals in 21 states and may hinder the trajectory of health discovery by eroding “consumer” trust.  While historically it might have been a safe harbor to
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7 Trends Impacting The Design of Healthcare Environments in 2020

by Jasmine Pennic 01/06/2020 Leave a Comment

7 Trends Impacting The Design of Healthcare Environments in 2020

 SmithGroup one of the nation’s leading integrated design firms has tapped its broad network of 1,300 interdisciplinary design professionals to offer its predictions for the trends and challenges that the design industry will face in the decade ahead. Here are seven trends that are likely to impact the design of health care environments in the 2020s. 1.  Adapting to the Climate Crisis“In the last couple of years, the impacts of climate change are increasingly viewed as a global crisis, and I
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HealthMyne Appoints Rose Higgins As New CEO

by Jasmine Pennic 01/06/2020 Leave a Comment

HealthMyne Appoints Rose Higgins As New CEO

- HealthMyne appoints Rose Higgins as the company’s new CEO, replacing Arvind Subramanian. HealthMyne, a provider of quantitative imaging decision support software solutions, announced the appointment of Ms. Rose Higgins as the company's new Chief Executive Officer (CEO). Prior to joining HealthMyne, Higgins served as President for SCIO Health Analytics, an EXL Services company. Higgins has also served in previous executive roles at McKesson and RelayHealth. “Rose was selected to be CEO
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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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