Health IT Product News Report
Allied Market Reseach reports that the US Health Care Information Technology market was evaluated at $61,018 million in 2017, and is estimated to reach $149,178 million by 2025, at a CAGR of 11.7% during the forecast period. The industry is driven by growing demand for improved patient safety and patient care as well as increase in government initiatives to promote and adopt health IT.
Data Bridge Market Research reports the market drivers and growth can be attriuted to the increase in technological know-how, growing volume of patient data, and demand for quick and efficient healthcare processes and systems will help in driving the growth of the healthcare IT market. Increasing digitization in the healthcare industry and demand for value based care and rising cost of provision of healthcare services coupled with the increasing number of healthcare facilities will likely accelerate the growth of the healthcare IT market in the forecast period of 2020-2027.
And finally over 120 companies are found on the newest Inc. 5000 2020 list of fastest growing private companies. Several of those in the top 200. The list is ranked according to percentage revenue growth when comparing 2016 and 2019.
Read all our product news reports. Here is a snapshot of health IT product news being announced.
Health IT Product News:
FDB Launches Clinical Decision Support Analytics Solution
FDB (@FDB_US), a provider of drug and medical device knowledge that helps healthcare professionals make precise decisions, announced the launch of FDB CDS Analytics™ during the 2021 HIMSS Global Conference & Exhibition in Las Vegas. The solution enables healthcare provider organizations to easily identify, monitor and customize clinical decision support (CDS) in their electronic health record (EHR), which ultimately helps enhance clinician user experiences and advances CDS impact across all care areas to improve patient outcomes.
1upHealth Announces Free Baseline Testing for Health Plans to Determine if their Patient Access FHIR® API is Successfully Connecting as Required by CMS
1upHealth (@1up_health), a trusted FHIR® platform for health data interoperability, announced that it is offering health plans freebaseline testing to determine if their Patient Access application programming interface (API) is connecting to third-party developers as required by the Centers for Medicare and Medicaid Services(CMS) Rule.
Medicomp Systems Officially Launches Quippe Nursing in the U.S. at 2021 ANIA Annual Conference
Medicomp Systems (@MedicompSys), which makes medical data relevant, usable and actionable, officially launched Quippe Nursing at the 2021 ANIA Annual Conference. Quippe Nursing is an industry-first solution that enables nurses to spend more time caring for patients and less time managing administrative clinical tasks.
Mount Nittany Health Selects Health Catalyst to Drive Population Health Improvements
To support its mission of strengthening the health of the people and the communities it serves, Pennsylvania-based Mount Nittany Health has selected Health Catalyst, Inc.’s (@HealthCatalyst) data and analytics technology and services. The health system will leverage key elements of Health Catalyst’s Population Health technology stack to uncover new performance insights and drive population health improvements.
Telemedicine Product News:
Vivify Health Announces Product Enhancements at HIMSS21
Vivify Health (@VivifyHealth), the developer of a national care platform for remote patient care, is excited to announce two new enhancements to its Remote Care Platform premiering at this year’s HIMSS Global Health Conference & Exhibition running from Aug. 9-13 in Las Vegas.
eVisit to Showcase Virtual Care Solutions for Large-Scale Hospitals and Health Systems at HIMSS21
For its inaugural showing at this year’s HIMSS Conference, eVisit (@evisit) will showcase its industry-leading eVisit Enterprise Virtual Care platform specifically designed for large-scale hospitals and health systems, and the firm’s Virtual Care Maturity Model™, a unique operational excellence and benchmarking program.
AI Product News:
Digital Health Start-Up CareHive Unveils Transformative Platform to Curb Healthcare Costs
Digital health start-up CareHive (@CarehiveHealth) is using its artificial intelligence-powered, digital health platform and clinic navigation team to partner with healthcare providers, health plans, and employers to achieve better patient outcomes and cost containment. It does so by integrating its sophisticated virtual care technology and clinical navigation with patients’ existing medical providers.
Intel, ConsenSys Health Advance Pandemic Research
Healthcare software solutions provider ConsenSys Health (@ConsenSysHealth) is using blockchain-based data security fueled by Intel (@intel) technology to conduct research into making clinical trial recruitment more efficient and equitable. On the heels of the World Health Organization’s (WHO) first global report on the use of artificial intelligence (AI) for healthcare and medicine, ConsenSys Health is seizing opportunities to apply innovative technology that helps protect patient privacy while increasing efficiency with the goal of combating the coronavirus.
Premier Inc. Brands Technology and Services Platform “PINC AI™”
Premier Inc. (@PremierHA), a healthcare improvement company, announced that it is branding its comprehensive technology and services platform “PINC AI,” effective immediately. The name PINC AI was selected to honor the brand’s roots within Premier, while also highlighting the company’s planned development and expansion of AI and other cutting-edge technologies across the platform.
Prevencio Announces U.S. Patent Issuance for Novel, Artificial Intelligence-driven Blood Test for Cardiac Risk
Prevencio, Inc. announces the United States Patent Office’s issuance of a patent for its highly accurate blood test, HART CVE, for a patient’s one-year risk of heart attack, stroke, or cardiovascular death. The company leveraged its’ Artificial Intelligence (AI)-driven HART platform and expertise in cardiac blood tests to develop HART CVE.
FDA Medical Devices approved in July 2021
The FDA regulates medical devices sold in the United States to assure their safety and effectiveness. Medical devices range from simple tongue depressors and hospital gowns to complex programmable pacemakers and robotic surgical systems. Their Medical Device Product Classification database lists over 6,000 types of medical devices regulated by FDA’s Center for Medical Devices and Radiological Health (CDRH) and the classification assigned to each type. Depending on the device classification, along with other factors, federal regulations (such as the Code of Federal Regulations, Title 21) define requirements that must be fulfilled for CDRH to approve or clear devices sold in the United States.
Here are the recently approved devices for July.