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
FIGmd, an MRO Company, Provides APP Reporting with PerformancePathway™ for ACOs
FIGmd, an MRO company (@MROCorp), announces the latest release of PerformancePathway for ACOs, an end-to-end technology and service solution that successfully provides Electronic Clinical Quality Measures (eCQMs) and MIPS CQMs from a variety of EHRs for multiple ACOs.
Butterfly Network Distributes 500 Butterfly iQ+ Devices to Healthcare Workers in Kenya to Transform Maternal and Fetal Health
Butterfly Network, Inc. (@ButterflyNetInc), a digital health company transforming care through the power of handheld, whole-body ultrasound and connected medicine, announced the deployment of 500 Butterfly iQ+ devices to healthcare practitioners in Kenya, at a ceremony at Kenyatta University.
3M Health Information Systems division secures key federal government clearance for platform IT and security
The 3M Health Information Systems (@3M) division has achieved fully authorized Federal Risk and Authorization Management Program (FedRAMP) status for its 3M RevCycle health services platform (RHSP).
Gainwell’s Cutting-Edge Research Platform Enables Stanford’s Breakthrough Study on Opioid Addiction
Gainwell Technologies (@GainwellTech), an innovator in healthcare technology solutions, has partnered with top academic institutions to drive research addressing some of the nation’s biggest healthcare challenges.
NextGen Healthcare Announces New Foster Care Functionality in Behavioral Health Suite
NextGen Healthcare, Inc. (@nextgen), a provider of innovative, cloud-based healthcare technology solutions, announced the newest release of its NextGen® Behavioral Health Suite. Built upon the company’s award-winning NextGen® Enterprise electronic health record (EHR) and practice management (PM) system, the suite is the industry’s first platform to integrate comprehensive physical, dental, behavioral health and human services.
Siemens Healthineers Brings Millions of Rapid COVID-19 Tests to Market with RRD’s Supply Chain and Warehousing Solutions
R.R. Donnelley & Sons Company (@rrdonnelley), global provider of marketing, packaging, print, and supply chain solutions, supported Siemens Healthineers to accelerate the delivery of rapid COVID-19 antigen self-tests to the U.S. market during a time of dire need.
Philips announces new milestones in the development of the world’s first spectral detector angio CT solution
Royal Philips (@PhilipsHealth), a global health technology company, announced new milestones in the development of the world’s first spectral detector angio CT solution – Philips Spectral Angio CT suite* – bringing the company’s breakthrough spectral CT imaging technology into an integrated hybrid angio CT suite.
Carta Healthcare Releases Semaphore, an Integrated Development Environment for Healthcare Organizations to Develop Their Own Data Science and AI-Powered Solutions
Carta Healthcare® (@carta_ai), provider of solutions for common healthcare data challenges through a combination of people, processes, and technology, announced the release of Semaphore, an integrated development environment (IDE) built for healthcare organizations’ internal data science teams to design and deploy custom applications for analysis and visualization of their data.
Nextech Announces Preparation of 21st Century Cures Act Compliance and Education
Nextech (@NextechEMRPM), an electronic health record (EHR) and practice management (PM) software for ophthalmology, dermatology, plastic surgery, and other specialty practices company, is pleased to announce that the functionality required by the 21st Century Cures Act (Cures Act) and Merit-Based Incentive Payment System (MIPS) attestation compliance will be available for all Nextech clients in advance of the requirements defined by the Cures Act legislation.
Relatient Continues Mission to Simplify Patient Communication with Launch of Dash Chat™
Relatient (@Relatient), a SaaS-based patient scheduling and engagement platform, announced the launch of Dash Chat™, an interactive chat solution that enables simple two-way engagement between staff and patients directly from the provider group’s website.
Ordr Improves Visibility, Security and Management of Connected Devices From Ground To Cloud
Ordr (@ordrofthings), a company in connected device security, announced new capabilities and enhancements to its AI-powered platform to help organizations discover, gain essential context, and secure their connected devices everywhere.
Telehealth Product News
Summus Introduces Summus Oncology: A New Personalized Virtual Support Model for Cancer
Summus (@SummusGlobal), a virtual specialist platform, announced Summus Oncology, a new approach that provides personalized specialty virtual care support to help employees and their families across all stages of their cancer journey.
Announcing SOC 2 Type II Certification – VSee’s Commitment to Protecting Patient Privacy, Data and PHI
VSee (@VSee) has recently reinforced its commitment to security and data protection by becoming SOC 2 Type II certified. The company has always put a premium on data privacy and this independent 3rd party certification validates its high standards in this area as it continues to be the most trusted HIPAA-compliant telehealth platform.
AI Product News
Reveleer Launches Risk Adjustment 2.0: New AI-Driven Coding Capabilities For health Plans and Risk-Bearing Providers
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 Reveleer for Risk 2.0. (Risk 2.0), the revolutionary and only end-to-end cloud-based platform for clinical data acquisition and coding for health plans nationwide. Proprietary Artificial Intelligence-driven capabilities allow health plans to confidently plan and execute risk adjustment programs with critical support to automate the collection, analysis, review, and submission of risk adjustment data.
Changing Your Perspective – Mindray Redefines the Possibilities of Point of Care Ultrasound (POCUS)
Mindray North America (@Mindray_NA), a global company and developer of healthcare technologies and solutions for ultrasound, patient monitoring, and anesthesia, announced the launch of a new product that is changing the perspective in the Point of Care Ultrasound (POCUS) market: the TE X Ultrasound System. The technology-rich system gives clinicians access to the most robust suite of artificial intelligence (AI)-powered Smart Tools available today and is powered by Mindray’s proprietary software-based beamformer Zone Sonography Technology+ (ZST+). This new product has a leading industrial design with an unrivaled 23.8-inch rotatable, full touchscreen display that supports both landscape and portrait orientation for easy adaptability to any clinical environment, and an industry-first wireless transducer that connects to the TE X System or can be used independently with a mobile device.
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 August.