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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Mass General Brigham Researchers Develop AI Foundation Models to Advance Pathology
What You Should Know:
- Researchers at Mass General Brigham have developed two powerful AI models, UNI and CONCH, that represent a significant leap forward in computational pathology (CPath).
- Published today in Nature Medicine, the two new foundation models, trained on massive datasets, hold immense potential for improving diagnoses, predicting patient outcomes, and even identifying rare diseases.
What are Foundation Models?
Foundation models are advanced AI systems trained on vast
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Collette Health Appoints Christine Gall as Chief Nursing Officer
What You Should Know:
- Collette Health, a provider of virtual patient observation solutions appoints Christine Gall DrPH, MS, BSN, as Chief Nursing Officer.
- As the newly appointed Chief Nursing Officer at Collette Health, Christine Gall, DrPH, MS, BSN, will take charge of overseeing all clinical operations and spearheading innovation initiatives. In this pivotal role, Gall will be instrumental in furthering Collette Health's mission of integrating virtual patient safety solutions to
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Accolade Promotes Kelsi McDonald Harris to Chief People Officer
What You Should Know:
- Accolade, a healthcare company based in Seattle, has promoted Kelsi McDonald Harris as its new Chief People Officer and Senior Vice President.
- As Chief People Officer and SVP, McDonald Harris will oversee employee experience for Accolade’s 2,400+ employees and foster community, connection, and cultural alignment within the organization while also leading the company’s People & Culture business unit responsible for talent acquisition, diversity, equity
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The New Era of Virtual Care: Why Convenience Isn’t Enough Anymore
What You Should Know:
- The COVID-19 pandemic propelled virtual care from a niche service to a mainstream necessity. However, as we move into a new era, consumer preferences surrounding virtual care are evolving, according to data from Rock Health's 2023 Consumer Adoption of Digital Health Survey.
- The survey reveals that virtual care adoption has plateaued at a high level, with 76% of respondents having ever used it. However, a quarter of respondents still prefer in-person care, citing
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