In a nod to the potential of connected digital devices like data-collecting wearables to improve medical studies while protecting consumers, the U.S. Food and Drug Administration (FDA) issued new draft guidance for companies creating health monitoring hardware and software ahead of new rulemaking. The U.S....
With the pandemic ongoing, Goldman Sachs analysts are saying that the recovery in hospital procedure volumes and rebound in MedTech procedures could be delayed, a report says. There could be at least one more COVID-19 wave following Omicron, the analysis says. And despite the lack...
British nonprofit DeHealth is looking into making a “decentralized metaverse” to allow doctors and patients to interact in another “new world,” a Wednesday (Dec. 22) press release says. The release says doctors and patients will be able to work and earn virtual assets by selling...
U.S. Senators Dick Durbin (D-IL) and Tammy Duckworth (D-IL) announced Wednesday (Dec. 22) that $4.3 million in federal funding will go toward numerous Illinois healthcare providers as part of the COVID-19 Telehealth Program. The program builds on the 2020 CARES Act, and the funding was...
The concept of value-based care where data is dynamic, patients are encouraged to proactively manage chronic conditions, and physicians are reimbursed on outcomes rather than total tests and procedures performed is seeing renewed interest during COVID’s remaking of healthcare. New evidence of the trend was...
Edifecs, a health information tech solutions company, has bought risk adjustment solution provider Health Fidelity, a press release says. The company also recently bought Talix, a risk adjustment solution provider itself. Edifecs plans to implement Health Fidelity and Talix into its signature Encounter Management solution,...
With aging in place attracting more attention during the pandemic, maintaining human connections and supporting other social determinants of health is now moving to the fore in eldercare, with connected healthcare companies taking the lead on those efforts. A new example is managed healthcare firm...
German health technology startup Formel Skin has secured a 30 million euros ($33.8 million) in a Series A funding round for its dermatology platform, according to a Dec. 20 report by EU startups. Led by Paris-based VC firm Singular and German HealthTech investor Heal Capital,...
To get an idea about the growth prospects for connected healthcare, look at the deals happening in recent months. The latest evidence is Oracle’s interest in Cerner Corp., the electronic medical records and data analytics firm that’s been making headlines lately. News of talks between...
