What You Should Know:
- Method AI, a medical technology company focused on improving oncology outcomes secures $20M in Series A funding led by a private family office, with participation from Cleveland Clinic and JobsOhio Growth Capital Fund.
- The funds will be used to support the continued development of the company’s novel surgical ultrasound platform.
Optimizing Surgical Visualization
Method AI was founded in 2021 as a spin-off from Cleveland Clinic to solve surgical
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Abridge Outlines Approach to Eliminating AI Hallucinations in Clinical Notes
What You Should Know:
- Abridge, a clinical documentation platform, has released a new research paper titled "The Science of Confabulation Elimination".
- The white paper details the company's approach to classifying, detecting, and eliminating hallucinations—or unsupported claims—in AI-generated clinical notes before they are sent to clinicians for review. This initiative aims to set a new industry standard for transparency and trust in AI technology.
Critical Issue of AI
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Ginkgo, Tangible & Inductive Bio Launch AI-Powered Lab-in-the-Loop Drug Discovery
What You Should Know:
- Ginkgo Bioworks has announced a new strategic partnership with Inductive Bio and Tangible Scientific to make AI-driven "lab-in-the-loop" drug discovery more accessible to the industry.
- The collaboration combines high-throughput experimental workflows, streamlined compound management, and predictive chemistry AI models into one seamless, integrated service. This is designed to help scientists discover better drugs with fewer resources by delivering
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Reveleer Report Reveals Technology Gaps Hindering Value-Based Care Transformation
What You Should Know:
- Reveleer, in partnership with Mathematica and The Harris Poll, has released the 2025 State of Technology in Value-Based Care (VBC) Report. The report's findings come at a pivotal time, highlighting that while payer and provider alignment on VBC goals is stronger than ever, persistent gaps in technology and execution are stalling progress.
- The report is based on a national survey of 203 payer and provider decision-makers conducted from May 27 to June 10,
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EliseAI Raises $250M to Expand AI Automation in Healthcare
What You Should Know:
- EliseAI, an AI company focused on automating complex healthcare and housing systems secures $250M Series E funding round led by Andreessen Horowitz (a16z), with participation from new investor Bessemer Venture Partners and existing investors Sapphire Ventures and Navitas Capital.
- The new funding will enable EliseAI to rapidly expand its team to accelerate product innovation, improve patient experiences, streamline operations, and advance its AI-driven
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Cascala Health Secures $8.6M for AI-Enabled Clinical Intelligence Platform for Post-Acute Care
What You Should Know:
- Cascala Health, a healthcare technology company based in Boston secures $8.6M in seed financing co-led by Flare Capital Partners and Eniac Ventures, with additional backing from Omega Healthcare Investors, Ziegler Link-age Fund, Tau Ventures, and Digital Health Venture Partners. This brings the company's total funding to $11.23M since its launch in mid-2024.
- The new capital will be used to accelerate product development, expand the company’s clinical
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Non-Invasive URIS® Device from Stimvia Delivers Promising Results for Parkinson’s Symptoms
What You Should Know:
- Stimvia, a Czech medtech company, has successfully completed a clinical study on its URIS® device for the treatment of Parkinson’s disease symptoms.
- The study, which was published in the medical journal Clinical Parkinsonism & Related Disorders, confirms the safety of the non-invasive treatment and indicates a positive impact on both symptom relief and patients’ quality of life.
Impact of Parkinson's Disease
Parkinson's disease, the second
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ARC and Revealense Collaborate on Joint Venture to Deliver At-Home AI-Based Neurological Diagnostics
What You Should Know:
- ARC, the innovation arm of the world-renowned Sheba Medical Center, and Revealense, a creator of a neurological-AI engine, have announced a joint venture.
- The collaboration will focus on delivering an advanced neurological diagnostic solution that uses a standard webcam to provide precise, clinically validated diagnoses for a wide range of neurological, cognitive, and developmental conditions in a patient's home.
Addressing a Major Clinical
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M&A: CitiusTech Acquires Health Data Movers to Enhance Epic Systems and AI Integration
What You Should Know:
- CitiusTech, a provider of healthcare technology and solutions, has announced the acquisition of Health Data Movers, a healthcare technology services firm known for its expertise in platforms like Epic Systems, Workday, and ServiceNow. Financial terms of the acquisition were not disclosed.
- Founded in 2012, Health Data Movers is a U.S.-based firm with a mission to empower patients and providers by leveraging healthcare data and technology. The company brings
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M&A: TigerConnect Acquires eVideon to Unify Hospital Communications
What You Should Know:
- TigerConnect, a leading clinical collaboration platform, has announced its acquisition of eVideon, a leader in hospital smart room technology and digital patient engagement.
- The strategic acquisition marks a significant step in TigerConnect's mission to unify healthcare communications across the care continuum. By combining TigerConnect’s clinical communication tools with eVideon’s smart room solutions, the companies aim to create a seamless and
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