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The Vinehealth Cancer Platform receives medical device CE mark certification
London UK. 20th May 2021. Vinehealth, a UK digital health tech company has received a Class 1 Medical Device CE mark for its Vinehealth Cancer Companion mobile application for patients and VinehealthPRO web application for clinicians. Vinehealth conforms to the requirements of the Medical Devices Directive 93/42/EEC. The Directive outlines safety and performance requirements for medical devices in the UK & EU.
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Review from ChoiceTeleMed for European Health-Tech Innovation Week 2021 by GIANT Health
Giant Health Event 2021 Harriet Morphy-Morris, Marketing Choice Telemed Engaging, informative and a warm reminder of the networking value behind large scale exhibitions. The GIANT Health Event flew off to a great start, in celebration of European Health Tech week.…
Read more: Review from Choic...Telehealth Drones: Healthcare Coming Soon To A Screen Near You
Telehealth and virtual healthcare are among the latest trends in medicine. And rightly so—with new modes of communication, pandemic-driven restrictions and preferences for socially distant care, and a renewed emphasis on increasing healthcare equity, among other things, telehealth has seen tremendous growth recently. However, what most people traditionally think of as telehealth at its simplest level—where the patient logs on at home to connect with a physician virtually—may soon change. Researchers at the University of Cincinnati (UC) have innovated a way to integrate basic telehealth services into a drone, potentially expanding the bounds of what previous innovators ever envisioned with these two technologies individually. A press release by the University describes how “Inventors Victoria Wangia-Anderson, Manish Kumar, Seung-Yeon Lee and Debi Sampsel from three colleges at UC collaborated to develop a semi-autonomous prototype that can be dispatched right to people’s homes. The drones are big enough to carry medicine or medical supplies but small enough to maneuver the tight confines of a home using navigational algorithms developed by UC engineers.” A novel aspect is that the drone will also integrate “cameras and a display screen so patients can talk to health care professionals from the comfort of their home,” in addition to carrying “a waterproof box the size of a small first-aid kit to deliver medical supplies or collect self-administered lab tests.” UC’s press release also mentions how Manish Kumar (Professor of Mechanical Engineering at the University and one of the collaborators on the drone project) and his lab have “been working on autonomous systems that combine artificial intelligence with a suite of sensors that allow drones to navigate a cluttered and complex three-dimensional environment, like the entrance to a person’s home and living room.”
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Meet Invest Liverpool at GIANT2021 European Health Tech Innovation Week
Meet Invest Liverpool at GIANT2021 European Health Tech Innovation Week Discover how #Liverpool City Region’s advanced health & life sciences industry is forging bright new #DigitalHealth solutions to global health problems. Register here.
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Women Not Getting The Healthcare They Need During Covid-19, New Survey Shows
Just as women have borne the brunt of economic damage from the pandemic, a new report makes clear that Covid-19 has also disproportionately taken a toll on women’s health and access to care. According to a national survey, conducted late in 2020 by the Kaiser Family Foundation (KFF), more than one-third (38%) of women had skipped preventive services, such as checkups or routine tests, during the pandemic. Nearly one-quarter (23%) had forgone a recommended test or treatment. In comparison, only 26% and 15% of men had missed preventive or recommended care, respectively. “The fact that women are more likely than men to delay their healthcare services is not surprising, as women have been disproportionately burdened with child and household care, home schooling and, in many cases, an inability to maintain employment due to the many obligations placed upon them,” said Dr. Sonia S. Hassan, professor of obstetrics and gynecology and associate vice president in the Office of Women’s Health at Wayne State University.
Read more: Women Not Getting...Motesque's CEO Prof. Dr. Kai Oberländer and CSO Dietmar Hagen Horn will explain how Motesque uses motion data to analyze and predict motions at the GIANT
Motion data is an immensely valuable asset in the health tech sector. Motesque's CEO Prof. Dr. Kai Oberländer and CSO Dietmar Hagen Horn will explain how Motesque uses motion data to analyze and predict motions at the GIANT Health event…
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Growing HealthTec community - Focus on the HealthTec cluster (STFC)
Connecting a wide variety of stakeholders, the North West HealthTec Cluster is improving the understanding of the health and life science sector in the region and the unique capabilities across industry, academia, public sector and entrepreneurs. Through the creation…
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conversationHEALTH Announces Key Hires to Accelerate Global Growth and Expansion
April 23, 2021 (Toronto, ON) - conversationHEALTH, the conversational AI platform purpose-built for the Life Sciences industry has announced it is scaling growth across all divisions of the organization in North America, Europe, and Asia-Pacific. This includes the hiring of Chery Burt, VP, Strategy to lead thought leadership and go-to-market planning with customers and partners, and Kei Kubo, Managing Director of APAC, to lead business development and build strategic partnerships across the Asia-Pacific market.
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Have you seen 14 Episode | Season 3 of GIANT's Healthy Innovators Live TV Show on our Youtube channel?
Host: Barry Shrier, Founder and CEO, GIANT Health Events Guests: Jen Estherby, Healthcare Innovation Lead at Barclays Eagle Labs at Barclays Wealth & Investment Management Darren Crombie, Founder and CEO of Bridgit Care Fiona Willis, Founder and CEO of Link-ages Tech Ltd. Click here to…
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Guide to German Medtech Companies 2021 written by GIANT's media partner Biocom
Hello! Feel free to download a guide here https://medtech-zwo.de/fileadmin/medtech-zwo/PDF/Guide-to-German-Medtech-Companies_2021_web.pdf
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This Startup Raised $25 Million To Liberate Your Healthcare Data In The Cloud
Ricky Sahu is on a mission to free patients from the tyranny of paper medical records. More than a decade after the federal government pushed health systems to digitize records, some patient files are still shared by mail or even fax machines. Sahu’s startup, 1upHealth, aims to end these practices by building the infrastructure for healthcare data to flow in the cloud. With $25 million in Series B funding announced Wednesday, the Boston-based startup is expanding its foothold among insurance companies. This means it can provide more patients with a combination of both clinical data and insurance claims records, which is what’s needed to move the needle to improve care, says founder and CEO Sahu: “You can marry the two together and truly drive better quality and costs.” The benefit for health insurers, Sahu says, is this can better enable what’s called value-based care—arrangements where insurers pay for the outcomes of healthcare services, rather than paying for the individual services provided. As it currently stands, many of these contracts are a shot in the dark for healthcare providers, since doctors don’t really know how much they’re getting paid until the claims are processed months after the fact. That’s because the data is isolated across multiple, different systems. Federal rule changes going into effect this year require both health systems and insurers to make healthcare data available to patients electronically through standardized APIs, which will allow different software systems to communicate with each other and transfer packets of data. Here’s what that means in practice for patients. Each time a person changes jobs, it can often be a Sisyphean task to move to a new health insurance plan: filling out paper forms, regurgitating medical history, and re-establishing relationships with doctors—all because there is no data transfer between rival health insurers. With 1upHealth, a patient’s healthcare data “is liberated and you can go wherever your care journey needs you to go,” says Carl Byers, a partner at F-Prime, which led the Series B. Returning investors Jackson Square Ventures, Eniac Ventures, and Social Leverage also participated in the round. These investors are hoping that 1upHealth, which has raised $35.4 million to date, will disrupt the healthcare industry much like the data warehousing company Snowflake did. That company had software’s largest-ever IPO by raising $3.4 billion, and its current market cap is around $68 billion. The company’s name is a nod to the Nintendo video game Super Mario, where magic mushrooms give the player a new life, or 1UP. Getting to that disruption point, however, won’t be easy. Building out 1upHealth’s infrastructure can be likened to building out electrical service into a new neighborhood. First, the wires must be strung from house-to-house. These are connections between health systems, insurers and app developers. For the electrical current to flow in a neighborhood, there is a transformer from each house to the street. This is similar to the way 1upHealth goes inside each health system or insurer, takes huge troves of data sitting around in multiple forms, converts it all into a standard format known as FHIR (pronounced fire) and stores it in the cloud. 1upHealth’s software then allows other organizations to interact with the patient data in a secure way. “It's not that people will say, ‘I want to be able to download a file and have it on my laptop.’ That doesn't do anyone any good,” says Byers. “It's that people want the constellation of care providers who are keeping them healthy to know what's going on and to work together, so people can actually have a better life and live longer.” Sahu founded 1upHealth in 2017 with this vision of getting healthcare systems to talk to each other. The company’s name is a nod to the Nintendo video game Super Mario, where magic mushrooms give the player a new life, or 1UP. By giving patients access to their own aggregated data, they have more control and knowledge of their own body, which Sahu likens to controlling an avatar in a video game. “The best way to get there in the real world is to help customers and patients unlock and take control of their health data.” The company started out with connections to 12 health systems, which has since grown to thousands. It now has 35 enterprise contracts totaling more than 11 million patients. It gains revenue both by offering fixed-fee access to its platform, as well as collecting fractions of a cent each time an organization accesses its software. Those charges add up to around a couple dollars per patient per year. “We're not selling the data, but we are helping our customers operate on their own data,” says Sahu. With the latest funding round, 1upHealth will be able to expand its services to help customers handle new regulations around issues like price transparency and prior authorization. The company will also push out other features using machine learning and analytics. “If you look at the most valuable companies in the U.S.—Google has the most data about online web traffic. Facebook has the most data about social. Amazon has the most data about e-commerce,” says Sahu. “At this time next year, we will have the most data about healthcare.”
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Microsoft’s Acquisition Of Nuance Reaffirms Its Interest In Dominating The $11+ Trillion Healthcare Market
One of the largest global market sectors is healthcare, expected to be valued at more than $11 trillion by 2022. The growth in healthcare continues to be tremendous, especially as new innovation is increasingly being embraced by the field. Ranging from digital health, to artificial intelligence, data-driven care models, and novel ways to improve care access, healthcare innovation is transforming at a rapid pace. Microsoft continues to forge its path within healthcare, with a reaffirmed commitment to expanding its offerings of impactful and meaningful technology and services within the industry. The latest of these ventures by Microsoft was announced earlier this month when it confirmed that it will proceed with an acquisition of Nuance Communications, “a trusted cloud and AI software leader representing decades of accumulated healthcare and enterprise AI experience.” The purchase has been valued an astounding $19.7 billion dollars. Microsoft describes this venture as a part of its larger “Microsoft Cloud for Healthcare” infrastructure and strategy. Specifically, it describes Nuance as “a pioneer and a leading provider of conversational AI and cloud-based ambient clinical intelligence for healthcare providers. Nuance’s products include the Dragon Ambient eXperience, Dragon Medical One and PowerScribe One for radiology reporting, all leading clinical speech recognition SaaS offerings built on Microsoft Azure. Nuance’s solutions work seamlessly with core healthcare systems, including longstanding relationships with Electronic Health Records (EHRs), to alleviate the burden of clinical documentation and empower providers to deliver better patient experiences. Nuance solutions are currently used by more than 55% of physicians and 75% of radiologists in the U.S., and used in 77% of U.S. hospitals.”
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