Healthcare venture investment in 2020: Quantum computing gets a closer look

Healthcare IT News | January 23, 2020

Among the healthcare technologies venture firms be looking at most closely at in 2020, various artificial intelligence and machine learning applications are atop this list, of course. But so are more nuts-and-bolts tools like administrative process automation and patient engagement platforms, VCs say. Other, more leading-edge technologies – genomics-focused data and analytics, and even quantum computing – are among the areas attracting investor interest this year. We expect 2020 to mark the first year where health IT venture firms will start to look at quantum computing technology for upcoming solutions," Dr. Anis Uzzaman, CEO and general partner of Pegasus Tech Ventures, told Healthcare IT News. With the breakthrough supremacy announcement from Google validating the technology and the subsequent launch of the service Amazon Braket in 2019, there is sure to be a new wave of entrepreneurial activity starting in 2020." He said quantum computing technology holds a lot of promise for the healthcare industry with potential breakthroughs possible throughout the health IT stack from operations and administration to security.

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Watch to see how changes in technology are helping to prevent graft-versus-host disease in cancer patients who receive bone marrow or stem cell transplants.

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Watch to see how changes in technology are helping to prevent graft-versus-host disease in cancer patients who receive bone marrow or stem cell transplants.

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GE HealthCare Rolls Out Vscan Air SL Ultrasound Device

GE HealthCare | September 06, 2023

GE HealthCare's latest release is poised to empower healthcare professionals with advanced diagnostic capabilities. Vscan Air SL aims to aid physicians in expediting the identification and treatment of illnesses. This portable, wireless ultrasound imaging device will revolutionize cardiac assessments, seamlessly integrating with diverse ultrasound technologies to enhance GE HealthCare's medical equipment. GE HealthCare has introduced Vscan Air SL, a state-of-the-art medical instrument engineered to enhance the efficiency of healthcare practitioners in diagnosing and treating diverse medical conditions. Due to its portability and wireless functionality, this device excels at conducting cardiac and vascular assessments directly at the patient's bedside. It leverages single-crystal transducer technology, setting a new standard for ultrasound imaging precision. By integrating GE HealthCare's SignalMax and XDclear innovations, Vscan Air SL ensures unparalleled image quality and diagnostic accuracy. This instrument aims to provide remarkable penetration levels, image clarity, and sensitivity, delivering a diagnostic experience of the utmost reliability. Vscan Air SL facilitates the swift acquisition and real-time analysis of high-quality cardiac and vascular images, empowering clinicians with timely insights at the point of care. With its ability to provide immediate, high-quality imaging, Vscan Air SL assists physicians in making well-informed decisions promptly, thereby enhancing patient care. Its intuitive design streamlines healthcare workflows, enabling quicker and more efficient treatment planning for needy patients. Vscan Air SL alleviates the strain on conventional imaging resources by offering on-the-spot diagnostic capabilities, ensuring that medical professionals can deliver care with greater agility and effectiveness. "Having ever more powerful handheld ultrasound is a game changer for patient care," said Guy Lloyd, M.D., FRCP, Consultant Cardiologist at Barts Heart Center, University College London Hospitals and Clinical Director for Cardiovascular Diagnostics and Investigations. GE HealthCare is at the forefront of innovation, working to elevate healthcare delivery standards. The company's intelligent devices, supported by advanced data analytics and harnessing artificial intelligence, profoundly impact millions, facilitating quicker and more informed clinical decisions for healthcare practitioners. By pushing the boundaries of medical technology and knowledge, the company is leaving an indelible mark on the healthcare industry, propelling it towards a future characterized by heightened precision, advanced digitization, and improved well-being for patients worldwide. GE HealthCare is a leader in precision care that harmonizes innovation with patient-focused technologies to enhance healthcare. Its commitment is directed toward providing integrated solutions that optimize hospital efficiency, elevate clinician effectiveness, refine therapeutic precision, and improve patient well-being. It aspires to make contributions to the healthcare sphere that transcend traditional limitations.

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Digital Healthcare, Healthcare Analytics

MUSC Health Collaborates with Andor Health to Power Decentralized Care Delivery

prnewswire | August 08, 2023

Andor Health, the company that harnesses open AI and healthcare-trained ChatGPT models to orchestrate the way care teams collaborate, is working with the Medical University of South Carolina (MUSC Health) to leverage this technology in a decentralized care delivery model. MUSC Health, one of the country's leading telehealth centers, will leverage ThinkAndor® enterprise-wide to build a next-generation virtual care ecosystem. ThinkAndor® Virtual Command Center provides a strategic approach that unifies the five pillars of virtual health – Virtual Visits, Virtual Hospital, Virtual Patient Monitoring, Virtual Team Collaboration, & Virtual Community Collaboration. Innovative health systems like MUSC can leverage ThinkAndor® as a platform approach to virtual care to power a decentralized approach to care delivery. By leveraging ThinkAndor®, MUSC Health will continue its transition from a one-size-fits-most care delivery model to a decentralized approach to care delivery. By shifting toward decentralized care, MUSC will create a more accessible care model that increases access to care and expands care to schools across the state. "As the state's only comprehensive academic health system, MUSC Health's purpose is to preserve and optimize the health of all South Carolinians and we do that by thinking differently and creating new approaches to care delivery," explained Patrick Cawley, CEO of MUSC Health & Executive Vice President for Health Affairs, University. "By using telehealth wherever and whenever possible, MUSC Health can continue to expand care access in underserved areas of the state while increasing the physical presence of new specialties customized for communities' needs." "To effectively deliver care, health systems must pivot away from traditional care delivery and shift towards new models of care. By implementing ThinkAndor® Virtual Hospital, health systems can leverage AI to support next-generation care capabilities including virtual nursing, virtual sitting, & on-demand specialty consultations at scale," Raj Toleti, Chairman & CEO of Andor Health. About Andor Health At Andor Health, our mission is to change the way care teams connect and collaborate. By harnessing machine and human intelligence, our cloud-based platform unlocks data stored in electronic medical records to deliver real-time actionable intelligence to care teams – both inside and outside of their enterprise. By optimizing communication workflows, our solutions accelerate time to treatment, decrease clinician burnout, and drive better patient outcomes. About MUSC Founded in 1824 in Charleston, MUSC is the state's only comprehensive academic health system, with a unique mission to preserve and optimize human life in South Carolina through education, research and patient care. Each year, MUSC educates more than 3,200 students in six colleges – Dental Medicine, Graduate Studies, Health Professions, Medicine, Nursing and Pharmacy – and trains more than 900 residents and fellows in its health system. MUSC brought in more than $298 million in research funds in fiscal year 2022, leading the state overall in research funding.

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Healthcare Analytics

CareView Communications Executes Agreement with Baltimore VA Medical Center Under Agreement with Decisive Point Consulting Group, LLC

businesswire | August 31, 2023

CareView Communications, Inc., a leading provider of integrated virtual care solutions for the healthcare industry announced the signing of an agreement with Baltimore VA Medical Center under its partnership with Decisive Point Consulting Group to deploy its advanced predictive patient monitoring system. Decisive Point Consulting Group, LLC, a Small Business Administration Certified Service Disabled Veteran Owned Small Business (SDVOSB), contracts directly with VA hospitals to use a variety of CareView products to enhance the services being provided to veterans. CareView's predictive patient monitoring system leverages state-of-the-art technology, including AI and machine learning, to proactively predict inpatient falls and empower healthcare providers with real-time insights. By using intelligent predictive monitoring, medical staff can proactively address patients at risk, prevent potential accidents, and subsequently reduce costs associated with patient falls while elevating the standard of patient care. A distinctive feature of CareView's platform is creating a serene care environment ideal for VA hospitals by having no audible alarms within patient areas. Patient privacy remains paramount, further fortified by the platform's privacy option, which enhances security and offers peace of mind to patients and their families. "At CareView, we are dedicated to redefining patient care through innovation," stated Sandra McRee, Chief Operating Officer at CareView. "Our collaboration with the Baltimore VA Medical Center signifies a significant leap towards realizing this vision and ensuring the well-being of our nation's veterans." The Baltimore VA Medical Center has eagerly embraced this collaboration, showcasing their strong commitment to implementing innovative solutions that elevate patient safety and the quality of care. This partnership with CareView perfectly aligns with their mission and steadfast dedication to providing the highest standard of care for veterans. Furthermore, this partnership harmoniously aligns with CareView's steadfast commitment to advancing virtual care solutions. These solutions are designed to elevate patient outcomes, streamline clinical workflows, prioritize patient safety, and drive notable cost efficiencies. By thoughtfully integrating technology, CareView aims to significantly contribute to fostering a safer healthcare environment for both patients and healthcare providers. About CareView Communications, Inc. For over a decade, CareView has been dedicated to supporting hospital care teams with its innovative virtual care solutions. The Company has established successful partnerships with over 200 hospitals nationwide, implementing effective inpatient virtual care strategies that greatly enhance patient safety and overcome critical staffing challenges. The CareView platform, fueled by industry-leading predictive technology and supported by its purpose-built hardware, specifically addresses the unique requirements of virtual nursing and virtual sitting use cases. The CareView team works closely with their hospital partners to understand their evolving needs and deliver tailored virtual care strategies that align with their objectives. By providing healthcare professionals with the tools they need to deliver exceptional care, CareView contributes to improved patient outcomes and a more sustainable healthcare ecosystem.

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