virtual reality
AppliedVR makes a dent in payment

(Courtesy AppliedVR)
Virtual reality startup AppliedVR, which targets chronic pain, has secured a Medicare payment code to get covered as durable medical equipment — a significant step for an emerging technology that has struggled to make headway in traditional medicine, Lizzy writes.
AppliedVR scored FDA authorization to use the technology to treat back pain treatment in 2021. But the absence of established payment models for virtual reality has made adoption difficult.
That could start to change now that the Centers for Medicare and Medicaid Services has granted AppliedVR a unique payment code for its flagship product RelieVRx, which consists both of a headset and software guiding patients through pain management exercises. The decision will take effect in April.
Momentum may be building in Congress and at CMS for alternative pain treatments to opioids, Miranda Franco, a senior policy advisor at Holland & Knight, told Lizzy. "I think there is a desire to move this along, as long as it's proven to be safe and effective," Franco said.
Read more — including perspectives from VR experts Brennan Spiegel and Susan Persky — in Lizzy's story.
Artificial intelligence
GPT-4 bleeds into medical scribe software
Microsoft's Nuance Communications is integrating GPT-4 into its popular AI-driven medical scribe service that is widely used by hospitals, Brittany and Casey write. Dragon Ambient Intelligence is designed to ease clinicians' documentation workload by listening to provider-patient conversations and turning it into medical notes. This summer, providers using DAX or Dragon Medical One — services provided by Nuance — will be able to apply for an early adopter version of DAX Express, which will incorporate the large language model.
But DAX Express bypasses the human reviewer that the current product relies on for quality control, Brittany and Casey write — a step toward offloading transcription entirely to AI. "We're getting much more aggressive," Peter Durlach, Nuance's chief strategy officer, told STAT. Less than 100 doctors are pilot testing DAX Express right now; the company plans to move into beta phase by the summer and enroll about 400. Read more about the questions DAX Express's accelerated release poses here.
startups
The latest on women's health and tech
Virtual women's and family health clinic Maven is acquiring London-based Naytal, which paves the startup's path into the United Kingdom and Europe. Maven is backed by General Catalyst, CVS Health Ventures, Lux Capital and other heavyweight health care investors, having raised its latest $90 million round in November.
Naytal's founder and CEO Laila Thabet will become Maven's regional vice president for global growth and partnerships, and some of the company's U.K.-based providers will join Maven's network.
The news coincides with the release of troubling maternal health data earlier this month indicating that mortality spiked in 2021 — up about 40% from the previous year — and hit Black mothers especially hard.
In a piece in Health Affairs, Maven consultant Alex Peahl and chief medical officer Neel Shah argue that digital care could allay some of the nation's preventable deaths, but also point to a familiar challenge: lack of clear payment models for digitally-enabled health care.
No comments