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
Clarius and Usono Announce an International Agreement to Bring Wireless and Wearable Ultrasound Imaging to Researchers
Clarius Mobile Health (@clariusmhealth), a provider of high-definition handheld ultrasound systems, and Usono, a developer of innovative ultrasound accessories, joined forces at the ECSS Paris 2023 congress to introduce a ground-breaking wireless and wearable ultrasound imaging solution for researchers studying the anatomy of people while they move.
Abbott Receives FDA Approval for World’s First Dual-Chamber Leadless Pacemaker
Abbott (@AbbottNews) announced that the U.S. Food and Drug Administration (FDA) has approved the AVEIR™ dual chamber (DR) leadless pacemaker system, the world’s first dual chamber leadless pacing system that treats people with abnormal or slow heart rhythms.
Cotiviti Introduces Prepay Claim Review Solution for Coordination of Benefits (COB) Validation
Cotiviti (@Cotiviti), a company in data-driven healthcare solutions, is expanding its end-to-end Coordination of Benefits (COB) Validation solution by adding prospective COB validation capabilities.
Dimagi Expands Global Public and Community Health Technology Across U.S.
Dimagi (@dimagi), a technology partner for public and community health, has announced an expansion of its globally-acclaimed products and services across the United States. Dimagi’s flagship product, CommCare, which has been developed and refined through 3,000+ successful global projects with international governments and NGOs, will now be widely available to support pressing and complex public and community health initiatives across the U.S.
Noyo Debuts Simpler, Faster Integration Experience for Benefits Software Platforms
Noyo (@NoyoHQ), a comapny in benefits data management, announced its new integration experience for benefits software platforms. This launch makes it easier than ever to scale real-time connectivity with insurance carriers through a single API connection.
PathogenDx’s New Rapid, Single Test Detects Salmonella and 13 Serotypes in Poultry as Foodborne Illness Remains a Significant Threat to Public Health in the US
At a time when foodborne illness remains a significant threat to public health in the US, PathogenDx (@PathogenDX), a next-generation microarray technology for better health and safety, announced the launch of SeroX, a new rapid, single test that detects Salmonella and 13 serotypes in a single shift to support the food industry’s poultry sector.
Virtual Healthcare Product News
CareView Communications Receives Ten New Patents Strengthening Virtual Care Solutions Portfolio
CareView Communications, Inc. (@CareViewSystem), a provider of integrated virtual care solutions for the healthcare industry, proudly announces the recent issuance of ten additional patents by the U.S. Patent and Trademark Office, further solidifying its commitment to innovation in patient safety and virtual care.
AI Product News
Healthcasts Introduces ConsensusAI, the First AI-Powered, Real-Time Patient Consultation Tool for Healthcare Professionals
HCTG (@HealthcastsMDIA), a healthcare communications-technology company, announced that it has launched ConsensusAI, which helps clinicians expedite medical delivery-of-care decisions when leveraging the Healthcasts platform. Powered by proprietary artificial intelligence (AI), generated by Healthcasts’ HCP-member network, ConsensusAI analyzes hundreds of thousands of clinical consultations in real time, providing immediate access to key insights that help support improved patient diagnoses and enhanced treatment selection.
BPGbio Announces Partnership with Grupo Terralpe to Offer Groundbreaking AI-Discovered Prostate Cancer Diagnostic Test in Mexico
BPGbio, Inc., an AI-powered biopharma that focuses on oncology, neurology and rare diseases, announced that it has signed a collaborative agreement with Grupo Terralpe, Inc., a renowned private investment group based in Mexico City and Boston, Mass. Together, the companies will commercialize the pstateDx™ test, BPGbio’s prostate cancer diagnostic test, in Mexico.
Galileo Launches the First-Ever Large Language Model (LLM) Diagnostics and Explainability Platform to Reduce Model Hallucinations
Galileo (@rungalileo), the first-ever machine-learning (ML) data intelligence company for LLMs and Computer Vision, announced a suite of new tools called Galileo LLM Studio — now available for waitlist signups here. As organizations of all sizes and across industries begin to consider the potential applications of generative AI, it is more important than ever for data science teams to have access to tools to quickly and easily evaluate the results of these Large Language Models (LLMs) and optimize their performance.
Together is the first app to use generative AI to make cumbersome healthcare tasks ‘magically easy’
Dr. Renee Dua and Nick Desai — who previously founded and built visionary doctor house call company Heal — introduced Together by Renee (@togetherbyrenee), the first app to use generative AI to complete and manage cumbersome healthcare tasks for aging adults, those with chronic diseases and their overwhelmed caregivers. Together requires no typing or data entry and uses just the smartphone camera and AI to “magically” remove the myriad obstacles — such as medication refills, scheduling appointments, complex forms, opaque insurance benefits and more — that stand between Americans over 50 and better health outcomes.
FDA Medical Devices
Approved in June 2023
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 for the month of June.