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:
Navigate by Bright.md modernizes digital healthcare experience to direct patients to the right venue of care, the first time
Bright.md (@BrightMD_Health), a telehealth solution transforming the patient-provider experience, announced its newest digital product for health systems to guide patients to the optimal care option to meet their needs: Navigate by Bright.md. Navigate helps leading health systems attract patients, achieve positive outcomes, and save costs by guiding consumers to the right venue of care within their system, directly from their website or patient portal.
ZeOmega Now Certified by All Three Leading Testing Groups, First in U.S. to Achieve “Security & Interoperability Trifecta”
ZeOmega (@zeomega) is the first and only population health management (PHM) organization to have successfully passed all three comprehensive data security and interoperability testing programs, known as the “Security and Interoperability Trifecta.” By passing all three testing programs, ZeOmega and its interoperability platform, HealthUnity®, are certified as meeting and exceeding the highest industry-defined requirements for data exchange and information security.
Groups Recover Together Launches a Proprietary Digital Platform Designed to Support Members Struggling With Opioid Addiction
At HLTH, Colleen Nicewicz, CEO of Groups Recover Together (Groups), the national company in value-based care for opioid addiction treatment, announced the launch of a proprietary digital platform for their members. The platform, an app-centric experience that offers the full-suite of Groups’ services and is designed to simplify the member experience, boasts features around self-scheduling, outreach, contextualized content, treatment planning, group therapy, payment, forms and more.
Cynerio Launches IoT Attack Detection and Response Module for Healthcare IoT Devices
Cynerio (@cynerio), a provider of healthcare IoT cybersecurity, announced the release of healthcare cybersecurity’s first IoT Attack Detection and Response module specific to medical, IoT and OT devices found within hospital environments. Cynerio’s new IoT Attack Detection and Response module empowers hospitals, for the first time, to identify, contain and mitigate threats on devices exhibiting malicious or suspicious behavior so that patient health and service provision won’t be impacted. Contract News
Integra Community Care Network Partners with Biofourmis to Deliver Personalized Care at Home
Biofourmis (@biofourmis), a Boston-based global leader in digital therapeutics and virtual care that powers personalized predictive care, announced a partnership with Integra Community Care Network, Care New England’s accountable care organization (ACO). Integra, one of the largest ACOs in New England, will deliver hospital at home care and remote patient monitoring through Biofourmis’ end-to-end solution.
Cohere Health Announces National Expansion of Humana Partnership to Transform Prior Authorization Process
Cohere Health (@CohereHealth), a digital health company, announced that Humana Inc. is embarking on a nationwide expansion of Cohere’s digital authorization platform for musculoskeletal (MSK) services, based on the success of its initial implementation.
ER Patients, Families Benefit from New ER App
Lehigh Valley Health Network (LVHN) is the first health system in the U.S. to deploy the new Vocera (@voceracomm) EASE ER app that allows families to follow a loved one’s emergency room progress right on their phone from anywhere.
SkyPoint Cloud announces launch of SkyPoint Predict – predictive customer data insights product
SkyPoint Cloud (@skypointcloud), the privacy-first customer data platform that enables consumer and healthcare brands to build deeper relationships with their customers, announced the launch of SkyPoint Predict, predictive customer insights powered by artificial intelligence (AI).
Philips Capsule Medical Device Information Platform reaches device integration milestone
Royal Philips (@PhilipsHealth), a health technology company, announced that, with the release of new device drivers that enable integration and interoperability, Philips Capsule Medical Device Information Platform (MDIP) has exceeded the milestone of integrating with more than 1,000 unique medical device models.
Telemedicine Product News:
SNC Telehealth Solutions Launched
Zane Networks, LLC (@zanenetworks), a healthcare transformation services and solutions company, and Safety Net Connect, Inc (SNC), a provider of innovative healthcare technology solutions, announced the collaborative launch of SNC Telehealth Solutions, an initiative aiming to transform the delivery of virtual care through expanding the reach of a clinician and patient’s care team.
Amwell’s Converge Virtual Care Platform Wins Industry Awards
Amwell® (@amwell), a national telehealth company, announced the general availability of Converge™ for EHRs, adding built in EHR integration capabilities to the Converge platform, alongside the standalone Amwell Now on Converge, which has been deployed in over 40 health systems. Converge is designed to offer a scalable, simple and unified digital care delivery experience across the care continuum. The announcement comes as Amwell wins a UCSF Health Award for Best New Application in Telehealth, a Tech Top 50 by the Massachusetts Technology Leadership Council (MassTLC), and as Converge is called out as a driver behind Amwell being named Chilmark Research’s Flagship Vendor in Omnichannel Functionality.
Teladoc Health Reimagines Primary Care with Primary360
Teladoc Health (@teladochealth), a global company in whole-person virtual care, announced that its primary care service,
Primary360, is now available to commercial health plans, employers and other organizations that sponsor health care for individuals and families in the United States. Primary360 solves persistent challenges in access to high quality health care for millions of individuals, especially those who do not have an ongoing relationship with a primary care provider.
MobileSmith Health Enhances PeriOp Surgical Patient Management Solution for ASCs to Meet Nation’s Rising Demand for Outpatient Surgeries
MobileSmith Health (@TheMobileSmith), a company in the digital health and mobile development sector who is changing traditional healthcare patient engagement and adherence management, announced plans to enhance its PeriOp Surgical Patient Management Solution, designed to help Ambulatory Surgical Centers (ASC) meet the growing demand for outpatient surgeries across the nation.
GlobalMed’s Transportable Exam Backpack Expands Imaging Option for Advanced Virtual Care Delivery
The Transportable Exam Backpack is a lightweight, mobile telehealth station offered by GlobalMed, an international provider of virtual health solutions. To provide expanded capabilities to their customers, GlobalMed (@globalmed_usa) announced the offering of a new configuration for the backpack which includes their best-in-class medical imager, the TotalExam® 3.2 camera. With the introduction of the new configuration, clinicians and medical professionals can choose either the TotalExam® Lite Camera and Otoscope or the newly offered TotalExam 3.2 Camera with an otoscope attachment.
Let’s Talk Interactive Rolls Out New Initiatives for Clergy in Support of Pastor Appreciation Month
Let’s Talk Interactive (@LetsTalkInter), a company in customizable telehealth solutions and provider of HIPAA-compliant telehealth software and hardware solutions, is supporting Pastor Appreciation Month with continued initiatives to assist clergy at this challenging time.
AI Product News:
One Drop Delivers Novel AI-Powered Solution For Cardiovascular Disease Prevention
One Drop (@onedroptoday), a precision health solutions company for people living with chronic conditions worldwide, announced the release of a digital, AI-enabled cardiovascular disease (CVD) prevention module. The new CVD prevention module is the first co-developed digital product to emerge from the collaboration between One Drop and Bayer in support of One Drop’s expansion into a wide range of therapeutic areas.
RSIP Vision Introduces Bladder Panorama Generator and Sparse Reconstruction Tool
RSIP Vision (@RSIPvision), a company that is driving innovation for medical imaging through advanced AI and computer vision solutions, announced a new panoramic image generator and 3D sparse reconstruction tool for bladder imagery. The tool automatically performs accurate stitching of cystoscopy images of the bladder to create a large panoramic image. The sparse reconstruction verifies that no areas of the bladder go unscreened and suspicious areas can be revisited.
Quris Closes Critical Drug Development Gaps With New Clinical Prediction AI Platform
Quris, an artificial intelligence (AI) innovator disrupting the pharmaceutical arena, launched the first clinical prediction AI platform to predict which drug candidates will safely work in humans – dramatically improving efficacy and cutting drug development costs. Quris uses AI-powered miniaturized “patients-on-a-chip” toavoid the tremendous risks and costs of failed clinical trials and eliminate the reliance on ineffective animal testing under the scientific leadership of industry visionaries, including Nobel Laureate Aaron Ciechanover and Dr. Robert S. Langer, co-founder of Moderna.
Pharma Product News:
FDA Approves Cyltezo, the First Interchangeable Biosimilar to Humira
FDA approved the first interchangeable biosimilar product to treat certain inflammatory diseases. Cyltezo (adalimumab-adbm), originally approved in August 2017, is both biosimilar to, and interchangeable with (may be substituted for), its reference product Humira (adalimumab) for Cyltezo’s approved uses. Cyltezo is the second interchangeable biosimilar product approved by the agency and the first interchangeable monoclonal antibody. Once on the market, approved biosimilar and interchangeable biosimilar products can play a role in facilitating access to treatments for many serious health conditions.