What You Should Know:
- Harnessing the power of AI for healthcare just got simpler. NVIDIA announced the integration of NVIDIA NIM, a collection of cloud-native AI microservices, with Amazon Web Services (AWS).
- The strategic collaboration empowers developers to leverage pre-trained AI models for drug discovery, medical imaging analysis, and genomics research – all accessible through user-friendly APIs.
Streamlined Access to Powerful AI Tools
NIM integrates seamlessly with
Read More
Large Language Models Show Promise for Streamlining Physician Workflows, But Safety Concerns Remain
What You Should Know:
- A new study by researchers at Mass General Brigham suggests large language models (LLMs), a type of artificial intelligence (AI), could be a helpful tool for doctors to streamline communication with patients. However, the study also highlights the importance of human oversight to ensure patient safety.
- The findings, published in The Lancet Digital Health, emphasize the need for a measured approach to LLM implementation.
The Burden of Physician
Read More
Firstsource Acquires Quintessence to Bolster AI-Powered Revenue Cycle Management Solutions
What You Should Know:
- Firstsource Solutions Limited (FSL), a leading global provider of Business Process Management (BPM) services, announced the acquisition of Quintessence Business Solutions & Services Private Limited (QBSS).
- The strategic acquisition strengthens Firstsource's position in the healthcare revenue cycle management (RCM) market, particularly in the United States. Financial details of the acquisition were not disclosed.
Enhanced RCM
Read More
Transcarent Secures $126M to Expand Employer-Sponsored Healthcare
What You Should Know:
- Transcarent, a platform simplifying health and care for employers and individuals, secures $126 million in a Series D funding round led by General Catalyst and 7wireVentures.
- The latest funding brings Transcarent's total funding to approximately $450M at a valuation of $2.2B.
A One-Stop Solution for Employer-Sponsored Healthcare
Transcarent's industry-leading platform streamlines healthcare access for both employers and employees. It is the only
Read More
Karius Secures $100M to Expand Non-Invasive Pathogen Blood Test
What You Should Know:
- Karius®, a leader in genomic diagnostics for infectious disease, announced today the closing of a $100 million Series C funding round.
- Co-led by Khosla Ventures and newcomers 5AM Ventures and Gilde Healthcare, the funding round also saw participation from existing investors like Softbank Vision Fund 2 and General Catalyst.
- This significant investment fuels Karius' mission to revolutionize infectious disease diagnosis by expanding
Read More
Livara Health Secures $15M to Expand Value-Based Musculoskeletal Care Solutions
What You Should Know:
- Livara Health, a leading provider of value-based musculoskeletal (MSK) management solutions, raises $15M in Series B funding led by A1 Health Ventures.
- Existing investors Polaris Partners, Providence Ventures, Martin Ventures, and a new strategic investor also participated in the round.
Livara Health: A Leader in Value-Based MSK Care
Livara Health (formerly SpineZone) offers a comprehensive value-based MSK management solution. Through a
Read More
How Digital Health and Cryptocurrency are Transforming Modern Therapies
The collaboration between digital health and online gaming is unexpectedly proving to be impactful. Digital health platforms, enhancing accessibility and customization of healthcare treatments, are at the forefront of this change. Meanwhile, gaming platforms that support bitcoin esports betting offer users the chance to engage in casino-style games and earn cryptocurrency, reshaping our perception of gaming's role in health and well-being.
Therapeutic Value of Game-Based
Read More
3 Critical Vulnerabilities Found in Merge DICOM Toolkit
What You Should Know:
- Security researchers at Nozomi Networks Labs identified three vulnerabilities in the Merge DICOM Toolkit C/C++ SDK (versions prior to v5.18).
- These vulnerabilities could be exploited by attackers to crash medical imaging systems through seemingly harmless actions like opening a DICOM file or processing network data.
The Importance of the Merge DICOM Toolkit
In the world of medical imaging, the Merge DICOM Toolkit plays a vital role. This software library
Read More
NCPA Renews Recommendation of Prescryptive AI Pricing: Empowering Pharmacies with AI-Driven Cash Pricing
What You Should Know:
- Prescryptive Health, a leading healthcare technology company, today announced the National Community Pharmacists Association's (NCPA) renewed endorsement of Prescryptive AI Pricing.
- Prescryptive AI Pricing creates a dynamic and competitive cash pricing system, enabling independent pharmacies to thrive in the ever-evolving healthcare landscape. This AI-powered solution empowers independent pharmacies to optimize cash pricing and enhance their competitive
Read More
Quest Diagnostics to Acquire PathAI Diagnostics to Accelerate AI and Digital Pathology Adoption in Cancer Diagnosis
What You Should Know:
- Quest Diagnostics today announced it will acquire key assets of PathAI Diagnostics, including its state-of-the-art digital pathology laboratory in Memphis, Tennessee.
- As part of the acquisition, this facility will become Quest's AI and digital R&D center, supporting its pathology businesses, AmeriPath, and Dermpath Diagnostics.
Digital Pathology and AI Integration
Quest will license PathAI's AISight™ digital pathology system and AI
Read More
