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Healthcare Sensors | Digital Health | News, Analysis, Insights - HIT Consultant

How Artificial Intelligence Is Making Senior Care More Human

by Bent Philipson, Founder of Philosophy Care 03/08/2021 Leave a Comment

How Artificial Intelligence Is Making Senior Care More Human

When it comes to skilled nursing facilities (SNFs) in particular and long-term care in general, a human-centered and empathetic approach is not only necessary, it's obligatory. Putting the needs, constraints, and perspectives of patients first enhances the level of care we're able to provide.  Perhaps ironically, it is the integration and adaptation of artificial intelligence (AI) that has demonstrated the biggest potential in improving empathy and compassion in the industry. It may
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Reperio Health Raises $6M to Expand At-Home Wellness Kits to Employer Market

by Fred Pennic 03/05/2021 Leave a Comment

Reperio Health Raises $6M Expand At-Home Wellness Kits to Employer Market

What You Should Know: - Portland, Oregon-based Reperio Health announced it has raised $6M in seed funding co-led by Caduceus Capital Partners in Nashville, Tenn., and Rogue Venture Partnersin Portland, Ore., with additional investment from Liquid 2 Ventures and G Ventures, both out of the San Francisco Bay Area. - Reperio’s patent-pending at-home health assessment brings a broad range of screenings right to peoples’ doors.
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Cipher Skin Lands $5M for Mesh Network of Sensors to Capture Movement

by Jasmine Pennic 03/02/2021 Leave a Comment

Cipher Skin Lands $5M for Mesh Network of Sensors to Capture Movement

What You Should Know: - Denver-based data startup, Cipher Skin, today announced its $5 million Series A, led by the Boyett Group with participation from Draper Capital, Tribe Capital and TKC Capital to grow its product line and expand into new markets. - Founded in 2017, Cipher Skin’s first-of-its-kind, patented, sensor technology, Cipher Mesh, wraps around patients’ body parts—allowing doctors, PTs, and human performance professionals to collect detailed data of the body in motion
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The Combination of 5G and AI Will Transform Healthcare in 2021

by Bryan Lubel, Executive Vice President, Connected Health of KORE 01/29/2021 Leave a Comment

5G and AI Will Change Healthcare in 2021

Not many will disagree that the global pandemic has accelerated the use of technology in healthcare. With a healthcare system stressed to a breaking point, medical professionals have had to prioritize critical cases and increasingly turn to technology tools such as telemedicine and remote patient monitoring to manage the needs of their non-COVID patients.  As we begin to look beyond the pandemic, we will not only have the lessons of this time but improved tools to support the delivery of
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DarioHealth Acquires Musculoskeletal Solution Upright for $31M

by Fred Pennic 01/27/2021 Leave a Comment

DarioHealth Acquires Musculoskeletal Solution Upright for $31M

What You Should Know: - DarioHealth, a Livongo competitor acquires musculoskeletal startup Upright for $31 million to expand their chronic condition management capabilities focused on driving behavior change rather than treating the acute problem. This move will more than double revenue and create one of the largest integrated digital health companies in the space. In addition, DarioHealth rasiess $70 million through a private placement of its common stock priced at the market pursuant to
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Top 5 Business Opportunities for Digital Health Companies in 2021. Where Is The Money?

by Ralf-Gordon Jahns, Managing Director of R2G 01/25/2021 Leave a Comment

op 5 business opportunities for digital health companies in 2021. Where is the money?

For many companies, 2020 has been a devastating year due to the consequences of the COVID-19 pandemic. While the same can be said for the digital health sector, the pandemic has also paved a way for unexpected and extraordinary business opportunities in 2021. Good ideas with a business loan from online lenders such as Biz2Credit are the ingredients for a successful business venture in this pandemic. In 2020, Digital health start-ups and more established companies have suffered, as have other
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Philips Acquires Medical Device Integration Platform Capsule for $635M

by Fred Pennic 01/19/2021 Leave a Comment

Philips Acquires Medical Device Integration Platform Capsule for $635M

What You Should Know: - Philips announces the acquisition of Capsule, a leading vendor-neutral Medical Device Integration Platform with a software-as-a-service business model - The Capsule acquisition is a strong fit with Philips’ strategy to transform the delivery of healthcare along the health continuum with integrated solutions. Philips, today announced that it has signed an agreement to acquire Capsule Technologies, Inc., an Andover, MA-based provider of medical device
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CVS Health Launches Senior Medical Alert System, Symphony

by Jasmine Pennic 01/14/2021 Leave a Comment

CVS Health Launches Senior Medical Alert System, Symphony

What You Should Know: - Today, CVS Health announced Symphony, a medical alert system designed to keep seniors safe and connected at home. - Symphony consists of a collection of in-home and wearable devices that offer a new at-home experience by connecting a suite of sensors that can monitor for falls, motion, and room temperature while also providing a 24/7 personal emergency response platform for use when needed. CVS Health, today announced the release of Symphony medical alert
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30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021

by Fred Pennic 12/30/2020 Leave a Comment

30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021

As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021. Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various institutions, geographies, patient demographics, and medical scanners. The sensitivity and selectivity of these models are outperforming AI models
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Patient-First Model: High Tech Meets High Touch for Individuals with Rare Disorders

by Donovan Quill, President and CEO, Optime Care 12/30/2020 Leave a Comment

Patient-First Model: High Tech Meets High Touch to Optimize Data, Inform Health Care Decisions, Enhance Population Health Management for Individuals with Rare Disorders

Industry experts state that orphan drugs will be a major trend to watch in the years ahead, accounting for almost 40% of the Food and Drug Administration approvals this year. This market has become more competitive in the past few years, increasing the potential for reduced costs and broader patient accessibility. Currently, these products are often expensive because they target specific conditions and cost on average $147,000 or more per year, making commercialization
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