What You Should Know:
- CoachCare, a provider of remote patient monitoring (RPM) and virtual care management solutions raises $48M in strategic growth investment led by Integrity Growth Partners (IGP). The funding will fuel the company’s expansion and enhance its platform to meet the growing demand for remote care solutions.
Addressing the Rise of Chronic Disease
The increasing prevalence of chronic conditions such as obesity, hypertension, and diabetes has placed a significant
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UMPC, TGH Invests in Medicom’s Enterprise Imaging Interoperability Platform
What You Should Know:
- Medicom, a health tech company specializing in enterprise imaging interoperability, announced the successful completion of an oversubscribed strategic financing round. The funding round saw significant participation from healthcare industry leaders, including UPMC Enterprises and Tampa General Hospital Ventures along with expanded participation from existing investors Cone Health Ventures, Oval Park Capital and Grayhawk Capital, as well as local Triangle venture
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Humana to Leverage Google Cloud’s GenAI Capabilities to Improve Member Experiences
What You Should Know:
- Humana Inc. (NYSE: HUM) announced a strategic multi-year agreement with Google Cloud to accelerate healthcare innovation through advanced cloud infrastructure and AI capabilities. This expanded partnership builds upon an existing collaboration between Humana and Google Health, focused on population health and AI solutions.
- While the financial terms of the agreement were not disclosed, the partnership underscores both companies' commitment to transforming
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Oschner Ventures Launches $10M Ochsner Louisiana Innovation Fund
What You Should Know:
- Ochsner Ventures, the investment arm of Ochsner Health has announced the creation of the Ochsner Louisiana Innovation Fund.
- This $10M fund will invest in early-stage health and health-adjacent companies based in or with strong ties to Louisiana. The initiative is a collaborative effort between Ochsner Health and the Louisiana Economic Development (LED) agency, leveraging the State Small Business Credit Initiative (SSBCI).
Focus on Improving
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CMS Establishes National Payment for AI Prostate Cancer Mapping
What You Should Know:
- Avenda Health, a pioneer in AI-powered prostate cancer care, announced today that the Centers for Medicare & Medicaid Services (CMS) has assigned a national payment rate for its prostate cancer mapping technology, Unfold AI.
- This significant development, alongside the establishment of a new Category III code by the American Medical Association (AMA), paves the way for broader adoption of Unfold AI and improved prostate cancer diagnosis and
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HHS Launches Reorganization, Renames ONC, Stronger Focus on AI, Cybersecurity, Data
What You Should Know:
- The U.S. Department of Health and Human Services (HHS) announced a significant reorganization aimed at enhancing its capabilities in technology, cybersecurity, and artificial intelligence (AI).
- This strategic move is designed to address the growing complexities and opportunities within the healthcare and human services landscape.
Key Changes and New Roles
Historically, responsibilities for technology, data, and AI policy were dispersed across
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GE HealthCare & AWS to Develop Foundation Models & Generative AI Apps
What You Should Know:
GE HealthCare (Nasdaq: GEHC) and Amazon Web Services (AWS) (Nasdaq: AMZN) announced a collaboration today, focused on developing next-generation artificial intelligence (AI) tools to transform healthcare delivery. This strategic partnership will leverage the power of generative AI to improve diagnoses, streamline workflows, and ultimately, enhance patient care.
GE HealthCare Chooses AWS as Strategic Cloud Partner
GE HealthCare has selected AWS as its
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CenterWell Expands Senior Care Footprint with 23 Walmart Locations
What You Should Know:
- CenterWell, Humana’s health care services business, announced plans to open 23 senior-focused primary care centers in Walmart Supercenters across Florida, Georgia, Missouri, and Texas. This strategic move aims to enhance access to specialized care for seniors in these communities.
- CenterWell’s model emphasizes value-based care, focusing on patient outcomes rather than fee-for-service. The company accepts Medicare Advantage plans and Original Medicare,
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Dental AI Company Pearl Raises $58M to Expand FDA-Cleared Dental Solutions
What You Should Know:
- Pearl, the undisputed leader in dental artificial intelligence (AI) raises $58M in Series B funding led by Left Lane Capital with participation from key players like Craft Ventures and Neotribe Ventures.
- This funding marks the largest investment ever in dental AI. With this significant investment, Pearl is poised to empower dental professionals to continually elevate the standard of care.
Revolutionizing Diagnostics: AI Assists Dentists for Better
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Clarapath Secures $36M to Automate Pathology Labs with AI-Powered Robotics
What You Should Know:
- Clarapath, a leading medical robotics company raises $36M in its Series B-1 round led by Northwell Ventures with participation from strategic players like Mayo Clinic and Ochsner Ventures, bringing Clarapath's total funding to $75M.
- The company is on a mission to modernize and transform pathology labs through automation and robotics.
The Pathology Challenge: Backlog, Labor Shortages, and Manual Processes
Pathology, the microscopic examination of
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