The healthcare industry is no stranger to workforce shortages, and the pharmaceutical industry may be next to experience disruptions brought on by labor challenges. According to the U.S. Bureau of Labor Statistics, it is estimated that occupations across life, physical and social sciences are expected to grow 7% by 2028. However, statistics also indicate that about 136,800 openings in these fields will remain unfilled annually through 2032, as employment growth and worker resignations are
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PocketHealth Secures $33M to Expand Medical Image Exchange Platform
What You Should Know:
- PocketHealth, a Toronto, CA-based patient-centric platform for medical image exchange raises $33M USD ($45 million CAD) in Series B funding led by Round13 Capital with participation from Deloitte Ventures, Samsung Next.
- PocketHealth plans to use the latest round of funding to develop its secure platform, streamlining image exchange between patients, providers, and any healthcare facility. In addition, PocketHealth plans to double its workforce and significantly
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Conduce Health Secures $3M for Multi-Specialty Value-Based Care Marketplace
What You Should Know:
- Conduce Health, a healthcare technology company focused on value-based care raises $3M in seed funding led by Connecticut Innovations with participation from AlleyCorp and CityLight.
- With a network of over 150 specialists, Conduce provides a centralized platform for managing specialty care risk, optimizing contracting, and utilizing data science to deliver the right care at the right time.
The Problem: Disconnected Care for Complex Conditions
Value-based
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Phreesia Appoints Jack Callahan as Chief Technology Officer
What You Should Know:
- Phreesia, a provider of patient intake, outreach and activation appoints Jack Callahan as the company’s new Chief Technology Officer.
- As Chief Technology Officer, Callahan will oversee Phreesia’s core and integration platforms and is responsible for the company’s Patient Intake, Data Center Operations, Site Reliability Engineering and Analytics teams.
Callahan Bio/Background
Callahan previously served as Phreesia’s Vice President of Engineering and has been
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Cybin Raises $150M to Advance Psychedelic Therapy for Depression
What You Should Know:
- Cybin Inc. (NYSE American: CYBN), a company developing next-generation psychedelic therapies for mental health, has secured $150M in a private placement of common shares led by Deep Track Capital and included participation from other institutional investors. The price per share was set at $0.43, representing a 17% premium over the 10-day volume-weighted average trading price.
- The funding will fuel the development of CYB003, a potential first-in-class psychedelic
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Google & Apollo Fight TB, Lung & Breast Cancer in India with 3 Million Free AI Screenings
What You Should Know:
- Google Health and Apollo Radiology International are joining forces to tackle some of the country's biggest health challenges – tuberculosis (TB), lung cancer, and breast cancer – using AI-powered screening technology.
- Over the next decade, Apollo will leverage AI models to provide 3 million free screenings for TB, lung cancer, and breast cancer. The initiative has the potential to save countless lives and improve healthcare outcomes for millions of Indians.
AI
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Abridge & NVIDIA Partner to Supercharge AI-powered Clinical Documentation
What You Should Know:
- Abridge, a leader in generative AI for healthcare documentation forms a strategic collaboration with NVIDIA to leverage NVIDIA's cutting-edge technology and expertise to significantly improve clinician workflows and patient care through AI-powered solutions.
- Abridge also secured an investment from NVentures, NVIDIA's venture capital arm, further solidifying their commitment to revolutionizing healthcare documentation
Unearthing a Sea of Lost
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Google Health Unveils Generative AI Progress at Check Up 2024
What You Should Know:
- Google Health recently hosted its annual event, The Check Up, showcasing significant progress in applying generative AI to revolutionize healthcare.
- These advancements aim to improve personalized care, radiology workflows, information accessibility, and ultimately, empower individuals to take charge of their health.
Advancements in Generative AI for Personalized Care, Radiology, and Information Access
Here's a breakdown of six key takeaways from Google
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GE HealthCare Integrates with NVIDIA-Powered AI Foundation Models to Advance Ultrasound Diagnostics
What You Should Know:
- GE HealthCare, in collaboration with NVIDIA, has taken a significant leap forward in the field of medical imaging with the development of SonoSAMTrack. This innovative research model leverages the power of artificial intelligence (AI) to streamline and enhance ultrasound diagnostics.
- The collaboration between GE HealthCare and NVIDIA paves the way for a future of faster, more accurate ultrasound diagnostics.
Transforming Traditional Methods: Foundation AI for
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UnitedHealth Pours Over $2B to Affected Providers for Change Healthcare Cyberattack
What You Should Know:
- UnitedHealth Group (UNH) announced continued progress in restoring services disrupted by a recent cyberattack on Change Healthcare, a subsidiary that processes a significant portion of healthcare transactions in the United States.
- On March 15, the company restored Change Healthcare’s electronic payments platform and is proceeding with payer implementations. On March 7, the company restored 99% of Change Healthcare pharmacy network services, and continues to work
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