Medical Coding Market to Reach $15.3B by 2033, Report Finds
What You Should Know:– The medical coding market is estimated to secure a valuation of $ 6.7B in 2023 and is estimated to rise to $15.3B by 2033 at a CAGR of 8.6% during…
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Category: Frequent Updates
Masimo receives FDA De Novo clearance for opioid overdose alert system
Medtech company Masimo announced it had received FDA De Novo clearance for Opioid Halo, the company’s opioid overdose alert system.The monitoring system aims to prevent overdose by alerting family members or caregivers when a…
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Q&A: AppliedVR on building reimbursement for virtual reality therapeutics
California-based virtual reality therapeutic company AppliedVR received a unique Healthcare Common Procedure Coding System (HCPSC) Level II code from the Centers for Medicare and Medicaid Services for its RelieVRx system (formerly EaseVRx) to treat…
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The Crucial Role of SDOH in Value-Based Care
Rahul Sharma, CEO of HSBloxRoughly $4 trillion is spent on healthcare annually in the U.S. Despite this massive expenditure, roughly 80% of health outcomes are attributed to social, behavioral and environmental factors, known as…
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Value-Based Administration Enables All VBC Network Stakeholders to Benefit
Rahul Sharma, CEO at HSBloxLynn Carroll, COO at HSBloxDespite holding the promise of delivering superior patient outcomes while lowering healthcare costs, many providers remain reluctant to embrace value-based care (VBC) reimbursement models. Progress toward…
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Wellth raises $20M for health app with financial rewards
Wellth, a digital health startup that offers small financial rewards for completing health-related tasks, scooped up $20 million in Series B funding.The round was led by SignalFire with participation from former Evolent Health CEO…
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How RFID and Mobile Tech Transform Point of Care
Healthcare providers are grappling with significant workforce and labor challenges while simultaneously facing changing point-of-care needs, as patients increasingly expect treatment to be delivered quickly and efficiently. The ability to exchange data in a…
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Baptist Health is making virtual nursing work, and gaining big ROI
Nurses have been in high demand for years, and especially since the pandemic. As baby boomers continue to age, the demand for bedside nursing continues to increase. In fact, 50% of the current RN…
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FDA drafts AI-enabled medical device lifecycle plan guidance
The Food and Drug Administration announced the availability of draft guidance that provides recommendations on lifecycle controls in submissions to market machine learning-enabled device software functions.WHY IT MATTERS
In the “Marketing Submission Recommendations for a Predetermined…
VA launches immersive training pilot to improve veterans’ care experiences
The Veterans Administration Office of Healthcare Innovation and Learning and Veterans Experience Office launched a virtual reality pilot training program that is immersing staff in a computer-generated VA facility.WHY IT MATTERS
The agency’s frontline team…