Digital Transformation

This evolution of healthcare involves using technology to improve diagnosis, treatments, monitor patients, enhance hospital operations and culture, and bolster consumer-focused care. This includes virtual reality tools, wearable devices, workflow software, health apps and other digital health tools.

3D scanner could make hearing aids more comfortable, effective

A new digital scanning technique, developed at the Massachusetts Institute of Technology (MIT), could offer a much better fit for future hearing aids, according to an article in the MIT Technology Review.

HHS disseminates $6B for children's insurance

Health & Human Services Secretary (HHS) Kathleen Sebelius has reported that $6 billion in new federal funds will be made available to states and U.S. territories for fiscal year 2009 to provide healthcare to millions of children across the United States through their Children's Health Insurance Programs (CHIP).

Irish stent startup nets $17M in financing round

Cappella has completed a $17.3 million series C investment, led by new investors, Fountain Healthcare Partners and Mitsui Venture Partners. Enterprise Ireland also participated in the round alongside Cappella's existing investors, Polytechnos Partners and ACT Venture Capital.

Senate begins healthcare reform roll out

The Senate Committee on Health, Education, Labor and Pensions, led by Chairman Edward M. Kennedy, D-Mass., introduced legislation this week advocating for more government involvement in healthcare coverage. The bill is certain to launch a drawn-out debate over the current delivery direction of healthcare in the United States when it is introduced on the Senate floor in July.

Circulation: DES are safe, effective for elderly CAD patients

Stents coated with paclitaxel (Taxus from Boston Scientific) may be a safe, effective treatment option for coronary artery disease (CAD) patients age 70 and older, and should not be withheld due to advanced patient age, according to a study reported in the June 2 issue of Circulation: Cardiovascular Interventions.

Around the web

One product is being pulled from the market, and the other is receiving updated instructions for use.

If the Trump administration continues taking a laissez-faire stance toward AI—including AI used in healthcare—why not let the states go it alone on regulating the technology? 

Boston Scientific has announced another significant M&A deal, scooping up an Israeli medtech company focused on RDN technology.