Throughout history, new and emerging technologies have helped revolutionize and advance the field of medicine, allowing medical professionals to develop groundbreaking new procedures, work towards cures to previously incurable diseases, and much more. Healthcare practitioners are always looking for ways to use emerging technologies to transform their work, and today one of the top technologies available to revolutionize the healthcare space is Augmented Reality (AR) and Virtual Reality
Read More
Digital Health | News, Analysis, Insights - HIT Consultant
Walmart Shutters All 51 Health Centers, Telehealth Offering Citing “Escalating Operating Costs”
What You Should Know: - Walmart announced today the difficult decision to close all 51 Walmart Health centers and discontinue its virtual care offering. This comes after five years of operation for the health centers. - The company cited a "challenging reimbursement environment and escalating operating costs" as reasons for the closure. This highlights the difficulty of establishing a profitable healthcare business model, especially in the current environment. Priority Shift on
Read More
Nicklaus Children’s Health System and Philips Ink 10-Year Partnership
What You Should Know: - Philips and Nicklaus Children's Health System, a leader in pediatric care, announced a groundbreaking 10-year collaboration focused on enhancing patient and staff experiences, improving outcomes, and driving innovation in pediatric care. - As part of the partnership, Nicklaus Children's will be the first to adopt the virtually helium-free Philips Ambition X MR scanner. This innovative technology eliminates the need for ongoing helium refills, a significant
Read More
Vitestro Secures $22M for Autonomous Blood Draw Device
What You Should Know: - Vitestro, the pioneering autonomous blood drawing company, today announced that it has raised $22 million (€20 million) funding to accelerate commercialization of its innovative robotic blood drawing device. - This brings its total funding raised to $50 million (€46 million) from both equity investments and grant funding. Vitestro Secures Oversubscribed Funding Round to Drive European
Read More
Caris and COTA Partner to Expand Cancer Care with AI-Powered RWD Platform
What You Should Know: - Caris Life Sciences (Caris), a leader in AI-powered precision medicine, and COTA, Inc., a real-world data (RWD) and analytics expert, announced a strategic collaboration today. - The strategic partnership aims to revolutionize cancer treatment development and patient care by leveraging a powerful combination of data: Caris' extensive molecular data and COTA's real-world patient information. Real-World Data Fusion for Precision Medicine This collaboration
Read More
Genomics plc & GSK Partner to Optimize Clinical Trials with Genetic Risk Testing
What You Should Know: - Genomics plc, a leader in polygenic risk score (PRS) technology, and pharmaceutical giant GSK inks a new collaboration to explore the potential of PRS for optimizing clinical trial design. - The innovative approach could revolutionize the way researchers select patients and ultimately lead to faster development of new treatments. Unlocking the Power of Genetics for Clinical Trials Genomics plc brings its expertise in PRS technology to the table.
Read More
GE HealthCare’s Portrait VSM Vital Signs Monitor Receives FDA Clearance
What You Should Know: - GE HealthCare has received FDA 510(k) clearance for its innovative Portrait VSM vital signs monitor. This portable device promises to revolutionize patient care by offering clinicians a more efficient and accurate way to track patients' health. - The Portrait VSM builds upon GE HealthCare's trusted DINAMAP legacy, utilizing the proven SuperSTAT non-invasive blood pressure algorithm for precise and reliable readings. This next-generation monitor goes beyond
Read More
AI Predicts Patient Decline 8 Hours Early: CLEW’s Platform Now Available
What You Should Know: - CLEW, a provider of clinical intelligence and predictive surveillance, has announced the general availability of its FDA-cleared AI platform. - The FDA-cleared AI platform empowers healthcare providers with the ability to identify patients at risk of deterioration up to eight hours earlier than traditional methods. Early Warning System for Better Patient Care CLEW's platform leverages machine learning-derived prediction models to analyze patient
Read More
The Digital Advantage: Augmenting the Healthcare Customer Experience
When interacting with industries such as retail, hospitality, and finance, we’ve all become accustomed to quick, effective, and personalized customer service. It’s no surprise that when it comes to healthcare, consumers are now seeking a better customer experience on par with the quality of the clinical care they have come to expect. Today’s members and patients are looking for their health plans and providers to accommodate their technology preferences and provide convenient, empathetic, and
Read More
Deloitte Acquires Gryphon Scientific to Enhance Public Health Capabilities
What You Should Know: - Deloitte announced today the acquisition of substantially all assets belonging to Gryphon Scientific, LLC (Gryphon). Gryphon is a leader in biosafety, biosecurity, and all-hazards preparedness and response. - The combined expertise of Gryphon and Deloitte will fuel the development of practical AI applications in healthcare. Together, they will champion multi-sector collaboration and risk management strategies to create trustworthy AI solutions through
Read More
