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
Read More
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
Read More
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
Read More
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
Read More
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,
Read More
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
Read More
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
Read More
Linus Health Acquires Together Senior Health, Bolstering Early Detection and Care for Cognitive Decline
What You Should Know:
- Linus Health, a leader in early detection of cognitive decline and dementia, announced today the acquisition of Together Senior Health. This strategic move strengthens Linus Health's position in the brain health space by combining its expertise in early detection with Together's evidence-based solutions for managing cognitive decline.
- The post-acquisition integration process will prioritize a smooth transition for clients of both companies. Clients can
Read More
SoundHealth Launches FDA-Cleared AI Wearable for Treating Nasal Congestion
What You Should Know:
- SoundHealth, a medical technology company focused on harnessing AI for better health outcomes, has launched SONU, the world's first FDA-cleared AI-powered wearable for treating moderate to severe nasal congestion.
- The FDA De Novo classification paves the way for SONU's safe and effective use. SoundHealth also secured $7M in seed funding to support marketing and regulatory approval for treating pediatric congestion and insomnia.
A New Option for Patients
Read More
Healthcare Organizations at Risk of Data Breach Due to Insecure File Sharing Practices
What You Should Know:
- A new report by Metomic, a data security company, reveals concerning vulnerabilities in how healthcare organizations handle sensitive data.
- The report, titled "Healthcare Data Crisis - Uncovering the Alarming Gaps in Data Security and Compliance," highlights the prevalence of insecure file-sharing practices that put patient information at risk.
Key Findings:
Exposed PII: A staggering 25% of publicly shared files contain Personally Identifiable
Read More
