Health Tech Coverage - MedCity News (2024)

Hospitals,Health Tech,Artificial Intelligence,Providers

Which Clinical Documentation AI Tools Are Health Systems Using?

Health systems across the country are launching enterprise-wide deployments of AI-powered clinical documentation tools. Hospital leaders agree that this technology reduces physician burnout, as well as allows physicians to have more meaningful and productive interactions with patients.

Consumer / Employer,Health Tech

Who is Winning the Retail Pharmacy Consumer Battle?

CVS Health overtook Walgreens as the most popular drugstore retailer, a new report found. However, there is no saying for sure if CVS will keep this lead.

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Integrated Enrollment Platforms and Consumer Assistance Centers: The Strongest Advantage for State-Based Exchanges

In the ever-evolving landscape of state-based health insurance exchanges, the convergence of technology and customer service is reshaping how these exchanges operate. The increasing advent of automation and artificial intelligence (AI) is rapidly dismantling the traditional business model that relies on the siloing of technology and customer service centers.

Pharma,Health TechArtificial Intelligence,

Paige Launches AI Tool that Screens 505 Genes for Improved Cancer Diagnosis

AI startup Paige launched an AI-powered biomarker module that the company says can evaluate more than 505 genes and identify 1,228 molecular biomarkers from standard pathology slides.

Health Tech,Consumer / Employer

How One Company Is Easing Employers’ Administrative Headaches

Celeste Health Solutions launched on Wednesday. The company works with employers and offers a range of point solutions and provides administrative support.

Hospitals,

Why Hospital EDs Are Adopting Cytovale’s Sepsis Test

A third health system has started using Cytovale’s early sepsis detection test. Froedtert & the Medical College of Wisconsin Health Network announced its plans to deploy the diagnostic test this week.

Health Tech

Mindset Care Snags $13M to Simplify Disability Benefit Applications for Those with Serious Mental Illness

Mindset Care’s $13 million raise was led by Science Inc. and included participation from Wellington Management, Tubbs Ventures, Enable Ventures, XYZ and LivEdge Capital.

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5 Health Reasons to Ditch Concrete Jungles for Countryside

In an increasingly urbanized world, the allure of countryside living is growing stronger, especially when it comes to health and well-being.

eBook

In the Fight for Women’s Health Equity, Entrepreneurs Are Crucial

The eBook Femtech Revolution: How Entrepreneurs Are Championing Women’s Health Equity highlights femtech to help track menstruation, how femtech can support access to care, data privacy concerns, and more.

MedCity Influencers

How Health Systems Can Prepare for the Winter Surge with Virtual Care

For health systems that are already struggling with capacity and access issues, now is the time to consider specific actions to prepare for this season’s coming surge.

HospitalsStartups,

3 Health Systems Invest In Supply Chain Startup

Clarium, a startup on a mission to transform hospital supply chain operations, closed a $10.5 million financing round this week. The round was led by General Catalyst and included three health system venture capital arms — those of Kaiser Permanente, Yale New Haven Health and Texas Medical Center.

Events

Who Will Compete in the INVEST Digital Health Pitch Perfect Contest?

The theme of the Pitch Perfect contest at INVEST Digital Health in Dallas is pediatric mental health. Six companies will compete in the event at Pegasus Park on September 18. Register today!

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What Healthcare Can Learn from Costco

The path forward is clear: employers must evaluate their health plan the same way they do their Saturday shopping excursion.

StartupsHealth Tech,

Public Exits Are Getting More Feasible In The Medtech Space

After several quarters with little to no exit activity in the medtech space, several startups made exits in the second quarter of 2024, according to a new report.

MedCity Influencers

Proposed Medicare Codes a Game-Changer for Digital Health

If enacted, the codes will represent the first major step toward broad-based reimbursem*nt for digital therapeutics, and acknowledgement that CMS recognizes the substantial role new digital solutions can provide.

BioPharma,Health Tech,Payers

Digital Therapeutics Sector Sees Billing Codes as Key to Breaking Free of Reimbursem*nt Rut

Medicare’s physician fee schedule includes billing codes for digital therapeutics for the first time. Stakeholders say these codes could help turn around reimbursem*nt challenges weighing on the entire digital medicines sector.

Startups

FDA Clears Gel That Can Stop Bleeding In Seconds

Cresilon snagged its second FDA clearance for human use. The FDA granted 510(k) clearance to Traumagel, the startup’s gel that can stop bleeding in just seconds, for temporary external use to control moderate to severe bleeding.

Hospitals,Startups,Health TechArtificial Intelligence,

Caresyntax Rakes In $180M To Make Hospital ORs More Efficient

Caresyntax closed a $180 million Series C extension round, bringing its Series C fundraising total to $310 million. The company sells AI-based precision surgery technology that unifies operating room data on a single platform.