Allied Market Research reports that the global healthcare information technology (IT) market size was valued at $250,577.15 million in 2020, and is projected to reach $880,688.75 million by 2030, registering a CAGR of 13.3% from 2021 to 2030.
Data Bridge Market Research reports the market drivers and growth can be attributed 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.
Health IT Product News
CCS Announces Company Expansion Focused on Accelerating Innovation in Home-Based Diabetes Care Management
CCS, which now includes CCS Medical and CCS Health, has announced an expansion of its business. The company, a provider of home-delivered medical supplies for those living with diabetes or other chronic conditions, will be expanding the education, monitoring, and coaching services it offers to create a more collaborative approach to care. This new model incorporates the delivery of products with access to accredited clinicians supported by proprietary data and technology to simplify the patient experience.
A New Entry for Your Back-to-School Checklist: the Huddle Health app
In the hectic days leading up to a new school year, the last thing parents and caregivers want to juggle is their children’s health and immunization records – documents many school districts require in August. That’s why health technology pioneer DrFirst developed the Huddle Health (@huddle_health) app – to give people better access to their medical records and the ability to share them, as needed, with family caregivers, clinicians, and children’s schools
Surescripts Transforms Patient Access to Specialty Drugs, Optimizing Adherence
Surescripts (@surescripts) has announced significant expansion in adoption and usage of its specialty medications solution suite, indicating that more prescribers and specialty pharmacists are moving away from manual prescription processes, saving time for prescribers and improving cost savings and safety for patients.
QGenda Announces Advanced Clinical Capacity Solution, QGenda Capacity
QGenda, a company in provider operations and healthcare workforce management, announced an enhanced solution for managing exam rooms and clinical capacity: QGenda Capacity. The new operational and analytics platform gives ambulatory organizations visibility into provider and room utilization, reusable space, and open time in advance.
Infermedica Launches New Modules, Bringing AI-Driven Medical Guidance Platform to Life
Infermedica (@infermedica) – a digital health company, specializing in AI-powered solutions for symptom analysis and patient triage – announces the launch of its Medical Guidance Platform, with new modules and features designed to support the entire patient-care journey.
Experity Launches New Business Intelligence Module to Empower Urgent Cares with Holistic Practice Data
Experity (@experityhealth), a national company in on-demand healthcare solutions, announced the launch of Experity Business Intelligence (BI), a new module within Experity’s electronic medical record and practice management solution (EMR/PM).
Introducing CenTrak Engage – Consulting and Training Services for Healthcare
CenTrak (@CenTrak) announced the launch of CenTrak EngageSM, new expert-led consulting and training services providing a tailored, multi-tiered assessment and transformation program to healthcare systems.
Clarify Health Launches Clarify Advance, a Micro-Targeted Provider Incentive Solution Proven to Drive Higher-Value Decisions and Lower Total Cost of Care
Clarify Health (@ClarifyHealth), a cloud analytics and value-based payments platform company, announced the launch of Clarify Advance, a new software solution rooted in behavioral science that can be used to positively influence decision-making at the point of care, provides timely and salient monetary incentives to clinicians for selecting higher-value sites of service and is proven to increase providers’ use of high-value options by 15%.
Telehealth Product News
Signant Launches Major Telemedicine Platform Innovations to Optimize Remote and Decentralized Clinical Trial Operations
Signant Health (@SignantHealth), a company in evidence generation for modern clinical trials, recently released significant updates to its telemedicine platform, Signant SmartSignals Telemedicine. Numerous functionality enhancements, as well as security- and compliance-focused innovations, ensure the platform meets evolving customer and industry needs while supporting ever-changing global regulatory requirements.
Orbit Launches National Platform for Physical Therapists to Deliver Virtual Care
Orbit Telehealth, a company in virtual MSK care, announced its launch of the first-ever platform to enable the over 300,000 brick-and-mortar Physical Therapy providers to offer hybrid virtual care.
Enghouse Vidyo Launches Next Generation Virtual Health Care Platform
Enghouse Vidyo (@vidyo), a division of Enghouse Interactive and a leader in embedded real-time video solutions, announced it is expanding VidyoHealth, its turnkey telehealth solution.
AI Product News
Vital Launches CareAdvisor, a Next Generation Inpatient Digital Health Solution Designed To Engage Patients and Provide Clinical Decision Support in Hospitals
Vital (@Vital_EHR), an AI-driven digital health company, announces the launch of its inpatient product CareAdvisor. Building upon successful partnerships with over 100 hospitals and 32 leading health systems who have implemented Vital’s flagship emergency department (ED) solution ERAdvisor, Vital’s technology now delivers an individualized care experience for hospitalized patients and their families, and powers clinical decision support for providers and hospital staff.
Caption Health Receives CE Mark for Caption AI™ technology platform
Caption Health (@CaptionHealth), a company using AI and services to improve heart ultrasound access, announced that it has received a CE Mark for its Caption AI™ technology platform. This certification represents the first step in making Caption Health’s industry-leading technology platform available outside the US, and highlights the company’s strong clinical and regulatory track record as it uses AI and ultrasound to deliver better cardiac care.
GYANT Launches Asynchronous Care Platform with Intermountain Healthcare to Handle Urgent Care Cases Virtually
GYANT (@GYANT_Health), the patient journey automation company, announced that its asynchronous e-Visit care platform, Async, has been launched with Intermountain Healthcare. The GYANT solution conducts an AI-powered clinical assessment within Intermountain’s My Health+ app and, when appropriate, routes patients to an asynchronous visit. After the success of the initial deployment, patients will be able to self-select for an asynchronous visit in quarter three of 2022.
FDA Medical Devices
Approved in July 2022
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 from July.