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
Verana Health’s Qdata Geographic Atrophy Links EHR and Imaging Data to Provide a Holistic View of the Patient Journey
Verana Health (@veranahealth) —a digital health company elevating quality in real-world data (RWD)— will announce the development of Qdata® Geographic Atrophy at ARVO 2023, the annual conference of the Association for Research in Vision and Ophthalmology, which takes place in New Orleans between April 23 to 27. This new offering already provides a comprehensive clinical view of real-world data from almost 350,000 de-identified geographic atrophy (GA) patients, making Verana Health the leading company able to identify GA diagnosis from both electronic health records (EHR) and images for research. As Verana Health ingests even more ophthalmic images in 2023, this number will continue to grow.
Fortified Health Security Unveils Fortified Central Command
Fortified Health Security (@FortifiedHITSec), a Best in KLAS managed security services provider (MSSP) to the healthcare industry, announced the launch of Fortified Central Command, which simplifies the complexity of managing a healthcare organization’s cybersecurity program.
Tesis Biosciences Announces a Novel Pharmacogenomics Test Enabling Precise, Personalized Response to Wide Range of Pharmaceuticals
Tesis Biosciences (@TesisBioscience), a company in targeted genetic sequencing, has announced a new predictive genomic assay that will allow physicians to more accurately identify appropriate drug therapies and dosages for patients suffering from hundreds of diseases and conditions.
Verana Health Announces the Qdata Parkinson’s Disease Module at 2023 AAN Annual Meeting
Verana Health® announced it’s releasing in Q2 2023 a Qdata® module for Parkinson’s Disease (PD). The Qdata Parkinson’s Disease data module offers extensive disease activity details and insights based on real-world data from an initial 15,000 de-identified patients derived from electronic health records (EHRs).
athenahealth Unveils Patient Digital Engagement Index
athenahealth, Inc. (@athenahealth), a provider of network-enabled software and services for medical groups and health systems nationwide, announced the athenahealth Patient Digital Engagement Index, a first-of-its-kind measurement capability for medical practices to understand how their patients use digital tools when receiving care – and how to take their interaction to the next level.
Health Recovery Solutions Announces HRS Analytics at HIMSS23
Health Recovery Solutions (@healthrecovery1), the four-time KLAS award winner in remote patient monitoring (RPM), announced the launch of HRS Analytics at HIMSS Global Health Conference & Exhibition. The new analytics suite will help healthcare executives and clinicians drive further value from their remote monitoring and care management programs with insights regarding workforce deployment, operational efficiencies, cost savings, and revenue growth opportunities.
Credo Unveils PreDx – The First Pre-Encounter Patient Summary Solution Enabling Providers to Excel in Value-Based Care
Credo (@credo_health), an AI startup in healthcare technology, is delighted to announce the introduction of PreDx, a first of its kind pre-encounter medical record and diagnostic solution, meticulously crafted for value-based care providers in Medicare Advantage.
Roche introduces navify® Algorithm Suite, a digital library of medical algorithms that enhances clinical decision-making to optimise patient care
Roche (@roche) introduces its navify® Algorithm Suite, a single platform hosting a library of digital medical algorithms that generate patient-centric insights and can aid earlier diagnosis of cancer and other conditions per intended use, at the HIMSS Global Conference.
CentralReach Announces the Launch of CR Care Coordinator, Its Patented, Parent Training Software Product that Enables Therapy Providers to Deliver Parent Training at Scale
CentralReach (@centralreach), a provider of autism and IDD care software, announced the launch of CR Care Coordinator, a multi-media-based, self-paced parent training software designed to unlock the full potential of clinician-led, parent-reinforced care.
Raintree Introduces New Service to Simplify Billing and Payment Experience for Therapy & Rehab Practices
Raintree (@RaintreeSystems), a provider of electronic health records (EHR) including patient engagement, scheduling, billing, and practice management, in addition to revenue cycle management (RCM) software solutions for the therapy and rehab industry, announced that it has introduced Raintree Payments, a seamlessly integrated and streamlined merchant service designed specifically to help therapy and rehab practices simplify the billing and payment experience.
Iterative Health Announces Upcoming U.S. Availability of SKOUT®: Real-Time AI for Polyp Detection
Iterative Health (@Iterative_Hlth), a pioneer in precision-medicine technologies for gastroenterology, and Provation, a software and SaaS provider of clinical productivity and workflow automation solutions and a wholly-owned operating company of Fortive Corporation, announced the upcoming commercial availability of SKOUT, real-time artificial intelligence for polyp detection, in the second quarter of 2023.
Virtual Healthcare Product News
Eagle Telemedicine Expands Specialty Telemedicine Services with Pediatric TeleNeurology Program
Eagle Telemedicine (@EagleTelemed), a company in technology-enabled inpatient and outpatient care for sustainable healthcare resilience, announced that it has expanded its suite of telemedicine specialties to include Pediatric TeleNeurology.
AvaSure Launches Virtual Nursing Application and Care Model
AvaSure (@avasure), the inventor of the TeleSitter® solution and a company in acute virtual care and remote safety monitoring, announced that it has launched a Virtual Nursing application and Care Model to support six virtual nursing implementations with many more in early planning phases.
Teladoc Health Launches Provider-Based Care for Weight Management & Prediabetes Programs
Teladoc Health (@teladochealth), a company in whole-person virtual care, announced the expansion of Provider-Based Care for weight management and prediabetes programs.
Let’s Talk Interactive Debuts Medical-AI Virtual Care Solution at HIMSS23
Let’s Talk Interactive, Inc. (@LetsTalkInter), a company in customizable telehealth software and solutions, is proud to announce the integration of medical AI into its TrustVideo enterprise virtual care platform.
FemGevity Launches Groundbreaking Concierge Telemedicine Services for Modern Menopause Healthcare & Longevity Medicine for Women
FemGevity, a women-led telemedicine company that focuses on delivering personalized, affordable, and ongoing care to women dealing with menopause symptoms, has officially launched. This digital platform offers women a holistic and encompassing approach to menopause care, in contrast to the “one size fits all” mentality that has been the norm for too long.
AI Product News
Caregility Unveils Multiple AI-Enhanced Hybrid Care Solutions that Harness the Power of Caregility Cloud™ Telehealth Platform
Caregility (@caregility), an enterprise telehealth company dedicated to connecting care for patients and clinicians everywhere, announced a new portfolio of AI-enhanced hybrid care solutions built on Caregility Cloud™, its Best in KLAS virtual care platform (non-EMR). The enhancements reduce technology investment risks for hospitals and health systems by offering the flexibility to choose those health AI applications that are the best fit for their environment and needs without creating more IT silos that could hamper workflow and congest networks.
OM1 Unveils Patented, AI-powered Platform to Accelerate Personalized Medicine
OM1 (@Om1Inc), a real-world data, outcomes and technology company with a focus on chronic conditions, launched PhenOM™, its artificial intelligence-powered platform for personalized medicine. Calibrated using OM1’s longitudinal health history datasets, PhenOM uses AI to identify unique digital phenotypes associated with conditions and outcomes and compare patients’ records to them to highlight risks and opportunities. PhenOM powers personalized healthcare insights at scale across the entire healthcare ecosystem, from life science research to point-of-care clinical decision making.
Certis Oncology Solutions Launches Predictive Analytics Platform
Certis Oncology Solutions (@CertisOncology), a precision oncology and translational science company focused on combining functional assays and artificial intelligence to advance personalized medicine, announced the launch of CertisAI™, a new predictive medicine platform that utilizes big data, statistical algorithms, and machine learning to predict drug efficacy based on gene expression biomarkers. This pan-cancer solution can accelerate drug discovery and companion diagnostics development.
Suki Adds Ambient Documentation Capabilities to its EHR Integrated, AI Voice Assistant for Clinicians
Suki (@SukiHQ), a company in voice artificial intelligence (AI) technology for healthcare, announced Suki Assistant Gen 2, which adds the revolutionary capability to automatically generate notes from listening to a clinician-patient conversation. Called ambient note generation, this new feature will be added to the company’s flagship AI voice assistant. Suki Assistant Gen 2 is differentiated in the market by a comprehensive set of capabilities, including ambient note generation, dictation and command functionality, all within a single, affordable, scalable solution that fully integrates with commonly used EHR systems including Epic, Cerner, Athena, and Elation.
Ontrak Health Will Bring MyndYou’s AI-Powered, Active Listening Virtual Care Assistant to Its Behavioral Health Members
Ontrak, Inc. (@OntrakHealth), an AI-powered and telehealth-enabled health care company, and MyndYou, creators of an AI-powered Virtual Care Coordinator, jointly announced that Ontrak Health will use MyndYou’s MyEleanor, an AI-powered conversational platform, to engage with members, triage needs, and address issues pertaining to behavioral, medical, or social care needs.