Health IT Product News Report October 2022

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

FinThrive Launches Intelligent Insurance Discovery Solution
FinThrive, Inc. (@Fin_Thrive), a healthcare revenue management software-as-a-service (SaaS) provider with the industry’s most comprehensive end-to-end platform, announced at the Becker’s Health IT, Digital Health and RCM Annual Meeting the introduction of new intelligent automation capabilities within its insurance discovery solution to alleviate critical staffing shortages for hospitals and health systems.

Title Sponsor Vālenz® Will Introduce Latest Solutions at 2022 SIIA National Conference & Expo
As Title Sponsor of the Self-Insurance Institute of America (SIIA) National Conference & Expo in October, Vālenz® will introduce several game-changing solutions that will favorably alter the trajectory of healthcare costs for self-insured employers.

New Cotiviti Solution Enables Health Plans to Predict and Improve Medicare Advantage Star Ratings
Cotiviti (@Cotiviti), a data-driven healthcare solutions company, has launched Star Intelligence for Medicare Advantage payers, marking the latest addition to its industry-leading Quality and Stars solution suite.

LexisNexis Risk Solutions Launches Real-World Data Network with New Clinical Partners and Precise Linking Technology
LexisNexis Risk Solutions (@LexisNexisRisk), a provider of healthcare data analytics and technology, announced the launch of the LexisNexis® Gravitas™ Network, a fully interoperable real-world data hub powered by precise data linking technology and high-quality, de-identified datasets from strategic data partners.

InsightRX Offers Precision Dosing Support for New Drug Categories
InsightRX (@InsightRX), a precision dosing intelligence company, announced its expansion into three new therapeutic categories with the release of point-of-care dosing guidance for antifungal drugs, solid organ transplant drugs, and inflammatory bowel disease biologics.

Panda Health Announces Launch of New Categories for Health at Home
Panda Health Inc., the digital health marketplace, has announced the launch of new categories designed to help hospitals and health systems better provide a full continuum of patient care through health at home initiatives. The Remote Patient Monitoring (RPM), Hospital at Home, and Telehealth solution categories available on Panda’s marketplace will scale from those supporting light-touch virtual visits to those enabling more in-depth acute care services within the home.

Reveleer Launches NLP First Pass for Quality to Streamline Hedis Submissions
Reveleer (@reveleer), a healthcare technology company using intelligent automation to empower data‑driven healthcare for payers in all lines of business, announced the launch of NLP First Pass for Quality, an Artificial Intelligence (AI)‑assisted abstraction solution for health plans and risk‑bearing providers nationwide.

Telehealth Product News

Penn State Health to Pioneer Next-Generation Virtual ICUs with CLEW Medical’s AI Powered Cloud-based Platform
Penn State Health announced that it has executed an agreement – and begun implementation – to offer virtual intensive care units – or vICU – utilizing CLEW Medical’s (@CLEWMedical) cloud-based tele-ICU platform.

Veta Health launches Video Capabilities with Twilio as Extension of its Virtual Care Offering
Veta Health (@veta_health), an emerging company in virtual care, announced the expansion of its clinical platform to enable video visits via its integration with Twilio. Twilio will provide Veta Health customers with secure video-communication capabilities embedded directly within the Veta Health platform, further enabling the treatment of patients at home.

Innovative Payment Solutions Announces Availability of MeMD Telemedicine Offering through its IPSIPay® App
Innovative Payment Solutions, Inc. (@IpsiPay), a fintech provider of digital payment and other solutions to both business owners and consumers, announces the availability of MeMD (@MeMDme), providing a comprehensive telemedicine offering via the Company’s IPSIPay® app.

Zócalo Health’s Culturally Competent Virtual Healthcare Services for Latino Communities Now Available
Zócalo Health (@zocalohealth), a Latino-founded healthcare service designed for Latino patients, announced the launch of its primary care memberships for residents across California and Texas. Members can access same day virtual care visits and care navigation services via Zócalo’s website, introducing the Latino community to an improved and long overdue healthcare experience built on trust, relationships, and culture.

PointClickCare Launches Integrated Virtual Health Solution for Long-Term and Post-Acute Care Providers
PointClickCare Technologies (@pointclickcare), a healthcare technology platform enabling meaningful collaboration and access to real‐time insights, announced the launch of its Virtual Health offering – an integrated telemedicine solution to the Skilled Nursing Facilities (SNF) market.

Samsung Partners With HealthTap to Develop New Virtual Primary Care Capabilities for Future Samsung Smart TVs
HealthTap (@HealthTap), a virtual primary care provider, announced a strategic partnership with Samsung to bring virtual healthcare directly to Samsung Smart TVs across the United States. This extension of its services being available to Samsung owners’ televisions highlights the significance and powerful effect of its platform.

Care access and convenience: featured in new Panda Health digital category expansion
As part of a new “Health at Home” initiative, digital health marketplace Panda Health and (@BrightMD_Health) have partnered to bring the power of asynchronous telehealth to more health systems across the U.S. Panda Health’s new category expansion—designed to help health systems provide a full continuum of care—focuses on enabling more in-depth acute care services within the home.

AI Product News

Personal Health Assistant, Renee, Launches to Make Healthcare as Easy and Supportive as a Devoted Loved One
Renee (@reneehealthapp), the first-ever healthcare assistant that combines human support with advanced AI to alleviate the burdens of healthcare, announced the nationwide rollout of its platform. Founded by Dr. Renee Dua and Nick Desai, the visionary founders of the leading doctor house call company, Heal, Renee unifies the healthcare experience in a long overdue effort to give Americans, especially the aging population, the help they desperately need. Upon the initial 1.0 launch, services Renee will provide include managing the scheduling of all of a patient’s doctor appointments, booking rides to and from the doctor’s office, providing reminders for appointments & routine prescriptions, and free delivery of most routine prescription medications right to the member’s door.

Perimeter Medical Imaging AI Announces Commercial Placement of Perimeter S-Series OCT within National Healthcare Provider System
Perimeter Medical Imaging AI, Inc. (@PerimeterMed) announced the commercial placement of its flagship Perimeter S-Series OCT system at a hospital that is part of a major national healthcare system and one of the largest healthcare networks in North Texas. Perimeter is a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address high unmet medical needs.

AGS Health Launches Artificial Intelligence Platform for End-to-End Revenue Cycle Management
AGS Health (@AGS_Health), a revenue cycle management (RCM) solutions provider and strategic growth partner to some of the largest healthcare systems in the U.S., announces the launch of the AGS AI Platform, a connected solution that blends artificial intelligence (AI) and automation with award-winning human-in-the-loop services and expert support to maximize revenue cycle performance.

Remote Patient Monitoring Product News

Vivalink Releases Biometrics Data Platform 2.0, Increasing Remote Patient Monitoring Patient Adherence
Vivalink (@Viva_Lnk), a provider of digital healthcare solutions, has released an updated version of its Biometrics Data Platform with new features aimed at increasing patient adherence in Remote Patient Monitoring (RPM).

RhythMedix® Expands Monitoring Capabilities of Its RhythmStar® System, the First Wearable Cardiac Monitor with Built-In Cellular Connectivity
RhythMedix (@rhythmedix), a company in remote cardiac monitoring and proprietary arrhythmia detection algorithms, announced expanded modalities for its RhythmStar® System (RhythmStar).

CareCloud Adds Remote Patient Monitoring to Its Suite of Digital Health Solutions
CareCloud, Inc. (@CareCloud), a company in healthcare technology solutions for medical practices and health systems nationwide, announced the launch of its Remote Patient Monitoring (RPM) solution.

OSF HealthCare Implements CareSignal’s Deviceless Remote Patient Monitoring
OSF HealthCare selected CareSignal, a Lightbeam company (@LightbeamHealth), to offer Deviceless Remote Patient Monitoring® (RPM) and help power its enterprise-wide digital health solution, OSF OnCall Connect.