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
Organic Payment Gateways Launches New WordPress Payment Processing Solution for Telemedicine and MMJ Card Consultation Practices
Organic Payment Gateways, a provider of affordable payment gateway integrations to regulated industries, is pleased to announce its new program designed to alleviate the stress of payment processing for telemedicine practices and licensed medical marijuana (MMJ) card issuers.
Seniorly’s Innovative Pricing Estimator and Data Hub Revolutionize the Search for Senior Living
Seniorly (@Seniorly), a senior housing marketplace and technology company, unveiled the launch of its new estimated pricing model, a revolutionary advancement in the senior care industry. This pioneering algorithm is designed to transform the way families approach their search for the perfect community by empowering older adults and their families in the search for senior living.
Trilliant Health Adds National Demand Forecast to its Open-Access API Offerings
Trilliant Health (@TrilliantHealth), the healthcare industry predictive analytics and market research firm, announced the addition of its national demand forecast to its publicly available application programming interface (API) offerings.
Guardian Medical Introduces Minimal Footprint Packaging
In today’s market environment, OEMs are confronted with escalating operating costs and limited options for passing on these increases. Guardian Medical (@GuardianMedUSA) recognizes this challenge and possesses a distinct capability to address these cost pressures while ensuring exceptional outcomes in sterile packaging.
ModMed Introduces Maternal Fetal Medicine Addition to its OBGYN EHR Solution
Medical practice leader, ModMed (@modmed), announced the addition of maternal fetal medicine (MFM) capabilities into its electronic health record (EHR) suite for OBGYNs.
Relias Launches Largest Set of Multi-Language, Online Home-Based Care Education Courses
Relias (@relias), the trusted workforce enablement partner to more than 11,000 healthcare and human service organizations worldwide, announced its new foundational aide-level courses for home health and home care agencies, available in six languages.
Biofourmis Accelerates and Simplifies Drug Development with Expanded Digital Clinical Trials Solution
Biofourmis (@biofourmis), a global technology-enabled care delivery company, announced the release of its expanded Digital Clinical Trials solution within the Biofourmis platform for biopharma and other life sciences companies.
Ochsner Health to integrate generative AI into patient messaging
Ochsner Health is launching a pilot program that uses AI to draft simple messages to patients in the MyOchsner app portal. A small group of Ochsner clinicians will participate in testing a new Epic feature that drafts responses to routine patient requests, which will then be reviewed and edited by the clinicians. The feature is meant to speed up app response time to patients and allows doctors to spend more time with patients.
EchoNous Releases First-Ever Fully Featured Handheld Ultrasound with AI on Apple iOS
EchoNous (@kosmos_echonous), a company in transformative handheld point-of-care ultrasound solutions, is excited to announce a new advancement in its medical imaging technology.
AVIA Launches Innovative AI Labs, AI Co-pilot for Digital Health Transformation
AVIA (@HealthAVIA), a national market intelligence and advisory services firm advancing digital transformation in healthcare, announced the launch of AVIA AI Labs, an initiative aimed at harnessing the power of artificial intelligence (AI) to provide practical examples of its transformative capabilities to the broader healthcare industry.
Kalderos Adds Powerful Features to Commercial Drug Discount Monitoring Solution
Data infrastructure and analytics company Kalderos (@KalderosInc), creator of the world’s first Drug Discount Management platform, unveiled a transformative refresh to its Commercial Discount Monitoring solution that helps drug manufacturers better use data to inform their commercial contract strategies with pharmacy benefit managers (PBMs).
symplr Launches symplr Survey Management, the Newest Innovation to its Compliance Software Portfolio
symplr (@symplr), an enterprise healthcare operations software provider, announced launch of symplr Survey Management software, an important element of any health system’s risk assessment program, driving and quantifying a culture of compliance through specialized tools and a secure environment.
Reveleer Extends AI-Powered Insights to the Point of Care for Risk-Bearing Providers
Reveleer (@reveleer), a healthcare technology workflow and analytics company committed to advancing value-based care, announced the extension of its Prospective Risk Adjustment and Quality Improvement solution suites to risk-bearing providers.
Telehealth Product News
Palatin Announces Direct-to-Consumer Telehealth Partnership with UpScriptHealth for Vyleesi®
Palatin Technologies, Inc., a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system, announced that it has entered a strategic partnership with UpScriptHealth (@UpScriptHealth), a direct-to-consumer telemedicine company providing telemedicine services to pharmaceutical and medical technology companies.
AI Product News
AvaSure and Ouva Partner to Integrate AI-powered Virtual Sitting Solution
AvaSure (@AvaSure), a company in acute virtual sitting and virtual nursing solutions and Ouva (@ouvaco), a technology company in AI-powered patient observation, have announced the integration of Ouva’s comprehensive AI capabilities with the AvaSure TeleSitter® solution, delivering unparalleled patient monitoring and care optimization. The partnership represents another example of how AvaSure, the most widely deployed virtual care system, continues to bring innovative solutions to customers.
AArete Launches AAchieve.ESG to Help Businesses Reduce Their Environmental Impact
AArete (@AArete), a global management and technology consulting firm, officially launched its groundbreaking new sustainability software, AAchieve.ESG. Designed with cutting-edge AI technology, this innovative solution provides clients across all industries with swift visibility into Scopes 1, 2, and 3 emissions, streamlining sustainability impact reporting.
Together, the all-in-one AI health assistant, improves care for aging Americans with voice-based mental health detection feature
Together (@togetherbyrenee), an AI-based health assistant, unveiled its latest groundbreaking feature: Mental Vitals, an innovative mental health detection tool designed to screen for symptoms of depression and anxiety through voice analysis. Launched just six weeks ago, Together has already garnered more than 11,000 active users — 64% of whom are over the age of 55 — and is transforming the way aging Americans and caregivers manage and monitor their health.
HTD Health Launches new Artificial Intelligence Practice To Meet Growing Need In Healthcare Sector
HTD Health (@healthtechdev), a boutique consultancy focused on virtual care delivery, healthcare technology infrastructure, and advanced data engineering, has launched a new Artificial Intelligence Practice to meet the growing need for AI engineering rooted in deep healthcare domain knowledge. The firm works with healthcare organizations across the sector to plan, design, and build software systems to improve patient engagement, clinical efficiency, care quality, and interoperability.
FDA Medical Devices
Approved in August 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 in August.
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