December 13-15, 2019

MedTech Impact 2019

Venetian/Palazzo Resort

Las Vegas, NV

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info@medtechimpact.com

Tag Archives: telemedicine

Medtech Insider: Cerner Partners with Amazon on New Cognitive Health Platform

Medtech Insider: Cerner Partners with Amazon on New Cognitive Health Platform

 

Cerner Partners with Amazon on New Cognitive Health Platform

Health software company, Cerner is partnering with Amazon Web Services to develop a new cloud-based health platform. The platform will utilize artificial intelligence to provide predictive insights for health care decision makers. According to a Cerner press release, the platform, named Project Apollo,will serve to bring a more cognitive approach to practicing medicine. During a company conference, the company’s Chairman and CEO Brent Shafer predicted that “Health care will change more in the next five years than it has in the past 30,” and further shared: “Cerner’s technology, and collaborative programs, along with the most respected providers, will lead a wave of disruptive innovation focused on making health care better.”

 

UnitedHealthcare Launches New On-Demand Telemedicine App

Major healthcare organization UnitedHealthcare has developed a new app that allows members to access virtual visits on-demand. The app will be available to over 27 million employer plan members 24/7 and will additionally allow users to track benefits and compare pricing. In a statement to Fierce Healthcare, Pat Keran–Vice President of Product Innovation for the company–shared the ultimate goal is to develop a “one-stop-shop” dashboard for patients that integrates wellness programs, claims data, and remote patient monitoring. “From a technical standpoint, we’re really modified and molded the back end to really help us modify and improve the application. […] We could really make this more of a comprehensive dashboard for members who want to engage with their healthcare all in one spot,” Keran shared.

 

Livongo Health Gains Federal Employee Contract

Livongo Health, a quickly growing digital health care company focused on diabetes care management, recently signed a contract to provide those covered by the Federal Employees Health Benefits Program with connected health services. The company will provide digital health services for Blue Cross Blue Shield-based members diagnosed with type 1 or type 2 diabetes. In a press release, Livongo CEO Zane Burke shared: “This is Livongo’s largest agreement to provide diabetes services in our history and is another great example of the market’s excitement about our Applied Health Signals platform .” The company is is expected to serve around 25,000 included members in 2020 and 45,000 in 2021.

 

Omada Health Adds to $73 Million Funding Round

Emerging health tech start up Omada Health has added on to a $73 million funding round with a new “strategic investment” from Intermountain Ventures for an undisclosed amount. The digital chronic disease management company has products which help manage hypertension, Type 2 diabetes, and mental health conditions, among other medical needs. In a statement to MobiHealthNews, CEO Sean Duffy shared: “We’ll leverage this investment to accelerate the expansion of the company’s integrated digital care program, as well as deepen our collaborations with Intermountain, aiming to bring patients the very best in digital care.” The additional funding round leaves Omada total funding for the year above $200 million.

 

 

 

MedTech Insider: Digital Health Market On Track for Its Best Year Ever

 

Digital Health Market On Track for Its Best Year Ever

A new funding report compiled by Mercom Capital Group has shown that the first half of 2019 has drawn in the largest funding numbers within digital health than any year prior, setting the market to reach unprecedented numbers come the year’s end. In line with previous reports completed by Rock Health and MobiHealthNews, the findings show a to-date funding of $5.1 billion raised by 318 deals (2018 drew $4.9 billion from 383 deals). The report further broke down the market funding through highlighting the highest funding market segments. Analytic startups currently lead the market with $1.1 billion, followed by telemedicine with $896 million and mobile health apps with $627 million. The findings have led many industry experts and stakeholders to express hesitant concern on a possible market bubble, such as Cercom Capital Group CEO, Raj Prabhu who shared: “We are in an ‘invest first and ask questions later’ environment where investors are more worried about missing out in this hot space. After a long hiatus, we are seeing several digital health companies entering the IPO market in the US. Successful IPOs could open the floodgates, whereas if IPOs fizzle out, it could shut the IPO exit path for many digital health companies.”

 

Mount Sinai Collaborates With LabCorp on AI Pathology Center

LabCorp and The Mount Sinai Health System have announced an additional aspect of their ongoing partnership: the two organizations will work together to develop the Mount Sinai Digital and Artificial Intelligence-Enabled Pathology Center of Excellence. LabCorp, which has previously implemented the Philips IntelliSite Pathology Solution into four of its laboratories will introduce the technology to all remaining location. In utilizing its expertise in digital pathology, LabCorp will help lead the integration into clinical practices throughout Mount Sinai’s hospitals. In a statement, Dr. Carlos Cordon-Cardo, chairman of the Department of Pathology, Molecular and Cell-Based Medicine at the Mount Sinai Health System shared: “Digital pathology gives us the unprecedented opportunity to expand our services to the community at large, and engage members of our department, considered key opinion leaders in their field, to provide expert diagnostic opinions in complex cases.” As one of the largest academic departments of its kind nationwide, the department processes over 80 million diagnostic tests each year.

 

First AI Pathology Tech With “Clinical Grade Accuracy”

Researchers associated with medical tech startup, Paige and Memorial Sloan Kettering Cancer Center have published a new article which details its artificial intelligence based detection system for identifying prostate cancer, skin cancer, and breast cancer. Published within the peer-reviewed medical journal, Nature Medicine, the company claims to have achieved “near-perfect accuracy.” In the article, the researchers describe the tech as having employed deep learning train on a data set of almost 45,000 slide images taken from more than 15,000 patients across 44 countries. In a statement, Co-Founder and Chief Scientific Officer of Paige, Dr. Thomas Fuchs shared: “After years of in-depth, comprehensive modeling, training, and testing, we are thrilled that Nature Medicine has published our paper, which demonstrates our ability to train accurate classification models at unprecedented scale, and validates our mission to create the world’s first clinical-grade, artificial intelligence in pathology.” The next step for the company is to begin the commercialization of the tech.

 

Physician Interest In Telemedicine Doubles

A new analysis completed by professional medical network, Doximity, has demonstrated a significant increase in physician interest in telemedicine. The analysis found that the number of physicians who self-reported telemedicine as a skill double between 2015 and 2018 and continues to trend upwards by 20%.  According to a recent JAMA study, the trend correlates with the growing number of telemedicine patient visits which has increased by 261% annually between 2015 and 2017. The Doximity report noted: “In 2018, the global telemedicine market was valued at over $38.3 billion. By 2025, it’s projected that this market will exceed $130.5 billion.”

 

 

MedTech Insider: Digital Health Market On Track for Its Best Year Ever
MedTech Insider: Convincing Boards To Make Cybersecurity A Priority

MedTech Insider: Convincing Boards To Make Cybersecurity A Priority

Convincing Boards To Make Cybersecurity A Priority

Due to sensitive and valuable data gathered by healthcare providers, medical organization are among the most likely and vulnerable targets for cybercrime. Read More

Physician Education Helps Telemedicine Realize Its Potential

Telemedicine is growing at a rapid pace. Consider these stats: almost 15 million Americans receive some kind of remote care every year. And an estimated $1 billion annually is being invested in “on-demand health services.” The question is: has our ability to generate technological innovation getting ahead of our capability of making the best use of these developments.

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Physician Education Helps Telemedicine Realize Its Potential

Not Science Fiction: HoloLens Telemedicine Comes to EMS

For the past three years, Exelus, a French MedTech company, has been developing Nomadeec, a HoloLens telemedicine app.  Nomadeec is a Hololens mixed-reality (MR) application that not only showcases the potentials of MR in medicine and healthcare, but also offers an initial demonstration showcasing that these AR (augmented reality) headset technologies can actually be used in promoting wellness and treatments in the field.

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Not Science Fiction:  HoloLens Telemedicine Comes to EMS