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.
Certifications & Accreditation
Orion Health’s Communicate Achieves DirectTrust Privacy & Security (DT P&S) Accreditation
Orion Health (@OrionHealth), a global provider of health information technology, announced it has achieved full accreditation with the DirectTrust Privacy & Security (DT P&S) for the HIE program from DirectTrust and the Electronic Healthcare Network Accreditation Commission (EHNAC).
Cotiviti Achieves Qualified Entity Certification Status, Granting Access to Most Comprehensive Medicare Data Sets for Improving Healthcare Cost and Quality
Cotiviti (@Cotiviti), a provider of data-driven healthcare solutions, has achieved national Qualified Entity (QE) status through the Centers for Medicare & Medicaid Services (CMS) Qualified Entity Certification Program (QECP). As a certified QECP member, Cotiviti has been granted access to the most comprehensive and up-to-date normalized Medicare population dataset to study provider performance as well as patient risk. The addition of the QE data to Cotiviti’s Network Intelligence and DxCG Intelligence solutions, as well as its Caspian Clarity dataset representing approximately 40 percent of all covered Americans, increases the volume of Medicare data to which Cotiviti has access by 38 million lives.
Health IT Product News:
MedAssist’s Digital Patient Engagement Platform MGagementSM Now Available on Epic’s App Orchard
Building on its ‘Digital First, Digital Now’ strategy, MedAssist (@MedAssistSol), a Firstsource Company and a provider of digitally-enabled Healthcare Revenue Cycle Management solutions, listed its proprietary solution MGagement℠ on App Orchard.
Innovative New Wellness Technology, Heuro Health, Launches
Heuro, LLC (@Heuro_Health) announces the launch of Heuro Health, a progressive new app for iOS and Android mobile devices that bridges the gap between patient and provider—motivating its members to centralize their own health, medical and lifestyle information in one secure and user-friendly place. Debuting in collaboration with one of the largest health plans in the nation, Heuro combines telehealth services, proprietary analytics and an innovative UI/UX design to help lower healthcare costs by encouraging wellness-focused behaviors. With intuitive in-app access to live health coaches, doctors, wellness classes and comprehensive, actionable data, the rapidly growing platform plans to announce its strategic healthcare industry partnerships in the coming months.
Nuxeo Achieves HITRUST CSF® Certification to Further Mitigate Risk in Third-Party Privacy, Security, and Compliance
Nuxeo (@nuxeo), developer of a cloud-native Content Services Platform, announced that the Nuxeo Cloud Platform and the implementation of supporting AWS systems and AWS infrastructure has earned Certified status for information security by HITRUST.
Qure4u Introduces the Digital Health Key™
Qure4u Inc. (@Qure4u), a company offering a complete virtual care and patient engagement platform, launched its innovative Digital Health Key™, providing convenient access to care at patients’ fingertips.
Palo Alto Networks Expands IoT Security to Healthcare — Dramatically Simplifying the Challenges of Securing Medical Devices
Palo Alto Networks (@PaloAltoNtwks) announced the most comprehensive Internet of Things (IoT) security solution for healthcare. Palo Alto Networks IoT Security simplifies the challenge of securing the Internet of Medical Things (IoMT) through ML-powered visibility, prevention and enforcement, while offering deep insights on healthcare-specific devices and vulnerabilities. This helps improve data security and patient safety while meeting the needs of both IT and clinical engineering teams.
Telemedicine Product News:
SOC Telemed Launches New telePulmonology Service Line
SOC Telemed, Inc. (@SOCTelemed), a provider of acute care telemedicine, announced the addition of its newest service line, telePulmonology. SOC Telemed’s telePulmonology consultation services provide U.S. hospitals access to board-certified intensivists with pulmonary expertise through its on-demand telemedicine platform, Telemed IQ.
Reliq Health Technologies, Inc. Announces Launch of Multilingual Interactive Voice Recognition and New Contract in Maryland
Reliq Health Technologies Inc. (@ReliqHealth) a growing global telemedicine company that develops innovative Virtual Care solutions, announced the launch of its new multilingual Interactive Voice Recognition product, iUGO Care IVR, and a new contract with a physician practice in Maryland to use iUGO Care IVR with both their English- and Russian-speaking patients.
AI Product News:
RSIP Vision Announces New Cardiac Diagnostic Tool for Point-of-Care Ultrasound Screening
RSIP Vision (@RSIPvision), an experienced leader in driving innovation for medical imaging through advanced AI and computer vision solutions, announces a new medical ultrasound module. This new software module enables medical teams at various point-of-care settings to perform a heart evaluation quickly with high accuracy and receive an immediate, onsite diagnostic from the Parasternal Long Axis (PLAX) view. This new vendor-neutral technology will be available to third-party ultrasound manufacturers and medical devices vendors, allowing them an improved way to save lives and improve day-to day-clinical care.
Biocogniv & Research Partners Detail First Artificial Intelligence Tool to Help Laboratories Rule-Out COVID-19
Hospital-based laboratories and doctors at the front line of the COVID-19 pandemic might soon add artificial intelligence to their testing toolkit. A recent study conducted with collaborators from the University of Vermont and Cedars-Sinai describes the performance of Biocogniv’s (@biocogniv) new AI-COVID™ software. The team found high accuracy in predicting the probability of COVID-19 infection using routine blood tests, which can help hospitals reduce the number of patients referred for scarce PCR testing. Their study in the Journal of Medical Internet Research is available online.
Bayer and Tempus Initiate Collaboration to Advance Patient Access to Genomic Testing and Precision Medicine
Bayer (@Bayer) and Tempus (@TempusLabs), leaders in precision medicine and artificial intelligence (AI), announced a new collaboration designed to provide broader access to genomic testing and tailored treatment approaches for the oncology community. The collaboration will include an initiative to help facilitate patient identification for precision oncology by providing testing, via the Tempus xT broad-panel genomic sequencing assay, for a subset of patients with metastatic colorectal cancer (mCRC), as well as those with radioactive iodine refractory differentiated metastatic thyroid carcinoma (RAIR thyroid cancers). Looking ahead, Bayer and Tempus will continue to implement data-enriched initiatives dedicated to supporting patients.
COVID-19 Product News:
Arcadia Prepares Healthcare Organizations For COVID-19 Vaccination Outreach: ‘The Single Greatest Patient Engagement Challenge Of Our Lives’
Arcadia (@ArcadiaHealthIT), a population health management and healthcare intelligence platform company, announced the launch of tools to support COVID-19 vaccination efforts across its national customer base.
Intrepid Protect, American PPE Manufacturer, Launches American-Made Mask Subscription Service to Help Local Businesses Meet “100 Day Mask Mandate”
Intrepid Protect® (@IntrepidProPPE), an American manufacturing facility for healthcare equipment, launched a line of single-use face masks manufactured exclusively in America to help slow the spread of Covid-19 while bolstering the U.S. economy. Created locally for local businesses and families, the personal protective equipment (PPE) helps Americans commit to 100 days of wearing masks in part of Biden’s 100 Day Mask Mandate with an easy and convenient subscription service.
Technology Transforms Maternity Campus into North Carolina’s First COVID-19 Only Hospital
Within 28 days, Cone Health (@conehealth) transformed its former women’s health campus into a designated COVID-19 hospital. Using teamwork and technology, the Cone Health Green Valley campus in Greensboro, North Carolina became the area’s first specialized COVID-19 hospital, boasting the latest development in coronavirus care, negative pressure ventilation, and hands-free communication throughout the facility.
Tamarin Creates First Platform to Connect with COVID Service Providers
Tamarin (@tamarinhealth) announces the launch of the only highly-curated network of providers trained in COVID protocols. The Gather Safely™ COVID Service Network (“Network”) makes it easy to connect with clinicians, compliance officers, and public health professionals who provide COVID safety, testing, and protocol services.
eTrueNorth Leverages Its Technology Platform to Enable COVID-19 Vaccines at Retail Pharmacies
eTrueNorth is now empowering retail pharmacies to offer COVID-19 vaccines increasing access for all Americans. The company is utilizing its proven technology platform that has successfully enabled COVID-19 testing at more than 1,450 sites across the country.
Kyruus Enables Online Scheduling for COVID-19 Vaccine Visits and Facilitates More Than 100,000 Appointments in the First Month
Kyruus (@kyruus), a company offering provider search and scheduling solutions for health systems, announced that it has expanded its patient access platform to enable customers to offer online consumer scheduling for COVID-19 vaccine visits. The vaccine scheduling capabilities are available within the company’s award-winning online scheduling solution. Almost 10 health systems have already activated vaccine scheduling with Kyruus, cumulatively booking more than 100,000 appointments in the first month alone.