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:
Cynerio Launches First IoT Device Security Solution for Small and Rural Hospitals
Cynerio (@cynerio), a provider of healthcare IoT cybersecurity, announced the launch of Cynerio Now!, the first healthcare industry specific solution to help small hospitals reduce risks to medical IoT devices.
Bamboo Health Achieves HITRUST CSF® Certification to Further Mitigate Risk in Third-Party Privacy, Security, and Compliance
Bamboo Health (@bamboohlth), a provider of cloud-based software and analytics solutions focused on whole person care coordination, announced that its Prescription Monitoring Program (PMP) platform and behavioral health capacity management and referral technology have earned Certified status for meeting requirements of the HITRUST CSF® Assurance Program.
Lightbeam Health’s Version 3.5 Care Management Module Alleviates Burden and Restores Patient-Centered Care
Lightbeam Health Solutions (@LightbeamHealth), a provider of end-to-end population health management solutions and services, recently announced Version 3.5 of the Lightbeam platform, including the enhanced version of its Care Management Module.
Updox Launches Online Payment Solution, Powered by PaySimple, to Help Practices Optimize Revenue and Improve Efficiency
Updox (@updox), an EverCommerce (Nasdaq: EVCM) solution and complete healthcare communication platform for in-person and virtual care, announced the release of Updox Payments, powered by PaySimple, EverCommerce’s payments management solution for service-based businesses. Updox Payments provides a simple, quick way to request and collect patient payments from any location or device.
Telemedicine Product News:
firefly health launches health plan for employers
Firefly Health (@carebyfirefly) – a virtual-first healthcare company with a mission of delivering half-priced healthcare that’s twice as good, clinically and emotionally – announced the launch of a novel health plan for employers utilizing their proven care delivery model.
AI Product News:
OneMedNet Partners with Arterys to Accelerate Access to World Class Clinical AI products and Solutions
OneMedNet Corporation (@OneMedNet), a curator of regulatory-grade imaging Real World Data (RWD), has partnered with Arterys (@ArterysInc) who offer a leading global imaging platform to deliver world class clinical AI products over the internet. OneMedNet is providing Arterys with precise RWD to aid in the development, validation, and regulatory approval of its solutions. The effective use of high-quality imaging RWD is a growing requirement for Life Science innovators to maximize safety and account for wide-ranging population diversity.
ePlus Launches Turn-Key Technology Bundle to Facilitate Adoption of Artificial Intelligence by Healthcare Organizations
ePlus inc. (@ePlus) announced that it has launched an artificial intelligence (AI) workflow technology bundle, combining hardware, software and AI implementation services, to help healthcare organizations accelerate clinical and operational AI projects from concept to production.
Aidoc and Subtle Medical Partner to Bring End-to-End AI Solutions to Medical Imaging
Aidoc (@aidocmed), a provider of AI for medical imaging, announced a partnership with Subtle Medical (@SubtleMedical), a developer of AI-based image enhancement bringing best-of-breed AI to both image acquisition and post-acquisition clinical workflows. Aidoc has developed the industry’s most robust AI platform, delivering a unified and seamless cross-specialty AI experience for physicians in over 500 medical centers, including the largest clinical deployment of AI in healthcare at Radiology Partners.
FDA Medical Devices approved in September, 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 the month of September.