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

SHUH, Syapse to Build South Korea’s First Real-World Data Sharing Network for Precision Oncology Hospitals

by Jasmine Pennic 08/06/2019 Leave a Comment

SNUH and Syapse will collaboratively work towards building South Korea’s first real-world data-sharing network for leading precision oncology hospitals in the region. Syapse, a company accelerating precision medicine through insights derived from its global health system network, and Seoul National University Hospital (SNUH), a South Korea-based hospital, today announced that they have extended their partnership with a new multi-year agreement. As part of their partnership, SNUH and Syapse will
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OSF Ventures Closes $75M Sophomore Venture Fund to Focus on Emerging Technologies

by Fred Pennic 08/02/2019 Leave a Comment

OSF Ventures Closes $75M Sophomore Venture Fund to Focus on Emerging Technologies

 OSF Ventures, the corporate venture capital arm of Peoria, Ill.-based OSF HealthCare, has announced the closing of its sophomore venture capital fund of $75M. The sophomore fund will focus on investing in new technology, devices, and services that offer improved and more cost-efficient healthcare.Investment PhilosophyOSF focuses on investing in companies seeking funding at all post-seed stages and has invested primarily in Series A and B rounds. In addition, OSF Ventures is open to
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Reducing Preventable Medication Errors and Adverse Drug Events

by Dr. Chris Hobson, MD MBA, Chief Medical Officer at Orion Health 07/25/2019 Leave a Comment

Top 5 Roadblocks to Population Health Management for Providers

Using a Health Information Exchange (HIE), clinicians across multidisciplinary care teams can access a patient’s medications, reconcile the list and monitor their progress, thereby reducing medication errors and future costs from preventable hospital admissions. Multiple factors combine to make the prescribing, supplying and taking of medications a perilous and costly issue for patients and the healthcare sector. Prescription medication use is by far the most common health intervention.
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Pfizer, Syapse Partner on Oncology Precision Medicine Using Real-World Evidence (RWE)

by Jasmine Pennic 07/23/2019 Leave a Comment

Pfizer, Syapse Partner on Oncology Precision Medicine Using Real-World Evidence (RWE)

Syapse, a San Francisco, CA-based precision medicine company, today announced that it has entered into a strategic collaboration with Pfizer to advance cancer outcomes research using real-world evidence (RWE) toward the ultimate goal of improving patient health. This collaboration will initially focus on the molecular testing and therapy choices on precision oncology journeys in the healthcare system setting.Syapse NetworkThe Syapse Network enables health systems and their providers to learn
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Siemens Healthineers, UM System, MU Health Care Forms $133M Alliance for Precision Health

by Fred Pennic 07/12/2019 Leave a Comment

University Hospital with the Staff for Life Helicopter at dusk.[/caption]Siemens Healthineers and the University of Missouri System (UM System), including all four universities, and University of Missouri Health Care (MU Health Care), has established the Alliance for Precision Health that will leverage their joint expertise to transform healthcare delivery, promote education in the fields of technology and engineering, and develop groundbreaking research initiatives.As part of the alliance,
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Cigna Leads $23M Series D in Specialized AI Company, GNS Healthcare

by Fred Pennic 07/09/2019 Leave a Comment

Cigna Leads $23M Series D in Specialized AI company, GNS Healthcare

Today, Cigna Ventures (CV), the corporate venture fund of global health service company Cigna, announced that it’s leading a $23M Series D round of funding in GNS Healthcare (GNS), a highly specialized AI company that turns millions of data streams into personalized insights that precisely match the appropriate clinical care/treatment intervention to the right patient at the right time.Cigna joins other leading carriers and health plans and GNS investors, including Cambia Health Solutions, Echo
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Can AI Transform Patient Care from Reactive Craft to Strategic Art?

by Ori Geva, Co-founder and CEO, Medial EarlySign 07/09/2019 Leave a Comment

Can AI Transform Patient Care from Reactive Craft to Strategic Art?

Personalized Analytics is becoming essential in healthcare, stemming from the movement from fee-for-service to a value-based market. The need to preempt and prevent disease on a more personal level, rather than merely reacting to symptoms, has created a significant opportunity for machine learning-based applications. This “analytics of one” approach (using advanced mathematical models and artificial intelligence techniques) is already impacting several key areas: 1. Medical imaging is utilizing
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Konica Minolta, Novo Nordisk, Philips, Stryker Join Emory Healthcare Innovation Hub

by Jasmine Pennic 06/20/2019 Leave a Comment

Emory Healthcare Innovation Hub

The Emory Healthcare Innovation Hub today announced Konica Minolta Healthcare, Novo Nordisk, Philips, and Stryker as its newest strategic partners committed to improving patient care and provider experience by using health IT to solve the most pressing problems facing healthcare.Demand-Driven InnovationFounded in 2018, the Emory Healthcare Innovation Hub is a healthcare innovation and commercialization program bringing together all the pieces of the healthcare innovation continuum to validate
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Is Artificial Intelligence The Answer To A Plethora of Healthcare Problems?

by Abhinav Shashank, CEO at Innovaccer Inc. 06/19/2019 Leave a Comment

Beyond Interoperability: Data Activation and Artificial Intelligence for Healthcare

The world of healthcare is changing, and with it, our approach to understanding the concept of patients and doctors, ways of delivering care, and building a better relationship between every member associated with it is also changing. Like other industries, healthcare is also going through a major revolution, and Artificial Intelligence (AI) stands at the core of it. Biological sciences and medical research are rapidly changing fields. Each day, we witness advances in genomics, imaging, and
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Mount Sinai Launches Center for Artificial Intelligence and Human Health

by Jasmine Pennic 06/11/2019 Leave a Comment

Mount Sinai Health System Launches Telehealth Initiatives_Mount Sinai Launches EHR-Integrated Imaging Research Warehouse

The Icahn School of Medicine at Mount Sinai today announced the launch of a new center dedicated to advancing the delivery of health care through research, development, and implementation of innovative artificial intelligence tools and technologies. The Hamilton and Amabel James Center for Artificial Intelligence and Human Health in Manhattan to combine artificial intelligence with data science and genomics in a standalone site. The building will enable researchers to enhance their
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