What You Should Know: - Aidoc, the leading provider of clinical AI solutions, announced a significant investment of $30M to create a groundbreaking comprehensive clinical AI foundation model. - This cutting-edge technology is poised to revolutionize the way medical imaging is used to diagnose and treat patients worldwide. Unleashing the Power of Clinical AI A recent study revealed that hospitals currently utilize only 3% of their available medical imaging data, leaving a wealth of
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RNSA23: GE Healthcare Awarded FDA Clearance for Pneumothorax Detection Algorithm
What You Should Know: - GE Healthcare (Nasdaq: GEHC) announced the US FDA 510K clearance of Critical Care Suite 2.1, featuring an innovative pneumothorax (PTX) detection algorithm that helps clinicians quickly and accurately identify and localize PTX, a potentially life-threatening condition. - This industry-first technology represents a significant advancement in X-ray imaging, providing clinicians with real-time insights to expedite patient care and improve outcomes. Early Detection
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PayGround Secures $19.7M to Expand Healthcare Fintech Payments Platform
What You Should Know: - PayGround, a Gilbert, AZ-based healthcare fintech payments platform, announced closing a $19.7M oversubscribed Series A financing led by SixThirty with participation from Rally Ventures, IA Capital Group, FCA Venture Partners and Plug and Play Ventures. - The funding will bolster the company’s rapid expansion into hospitals and health systems, building on its success in the ambulatory market, as well as grow its senior leadership
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Community Health Options Partners with Firefly Health to Offer Virtual Primary Care
What You Should Know: - Community Health Options (CHO) today announced a partnership with Firefly Health to expand its virtual health services and provide members with access to virtual primary care providers. - The new service will be available to members 18 and older starting in January 2024. Virtual Primary Care with Firefly Health Firefly Health's virtual primary care service provides members with a team of healthcare providers, including a primary care doctor, nurse
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AMA Issues 7 Principles for AI Development, Deployment, and Use
What You Should Know: - The American Medical Association (AMA) today released seven new principles for augmented intelligence (AI) development, deployment, and use, marking a critical step toward fostering a consistent governance structure for advancements in healthcare technology. - Building upon current policy on AI, the principles serve as the cornerstone for AMA advocacy on AI and underscore the organization's commitment to supporting the implementation of national governance policies
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IBM and Boehringer Ingelheim Partner on Generative AI for Transformative Antibody Therapeutics
What You Should Know: - Boehringer Ingelheim and IBM announced a collaboration to leverage IBM's foundation model technologies for the discovery of novel candidate antibodies in drug development. - The partnership will focus on utilizing IBM's pre-trained AI models to generate new human antibody sequences with desired properties, such as affinity, specificity, and developability. These models will be further fine-tuned on Boehringer Ingelheim's proprietary data to enhance their accuracy
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Blackford and Rhapsody Partner on AI-Driven Clinical Workflows
What You Should Know: - Blackford, a provider of AI solutions for healthcare, and Rhapsody, a global digital health enablement champion, have joined forces in a long-term partnership. - The strategic collaboration aims to revolutionize healthcare delivery by enhancing Blackford's AI platform with deeper clinical workflow integrations and simplifying data interoperability challenges. Empowering Healthcare with AI Blackford offers tailored AI solutions to healthcare providers, helping
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Phare Health Secures $3.1M for AI-Powered Hospital Financial Management
What You Should Know: - Phare Health, a London-based startup, has secured $3.1M million in seed funding led by General Catalyst to transform hospital financial management in the UK and Europe. - The company's AI-powered solution bridges the gap between clinicians' notes and hospital management, enabling better resource allocation and improved patient care. Harnessing AI for Healthcare Efficiency Phare Health's groundbreaking AI system extracts valuable insights from clinicians'
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RSNA23: Mass General Brigham and Annalise.ai Collaborate to Develop AI-Enabled Diagnostic Products
What You Should Know: - Mass General Brigham, a healthcare provider, and Annalise.ai, a global medical imaging AI company, today announced a strategic collaboration to develop and implement AI-enabled diagnostic products. - This strategic partnership aims to leverage the complementary expertise and capabilities of both organizations to bring innovative AI solutions to the healthcare industry.RSNA News from GE HealthCare Announces SIGNA Champion & presence at RSNA23. Core Pillars of
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HOPPR Launches Foundation AI Model for Medical Imaging
What You Should Know: - HOPPR, a company developing artificial intelligence (AI) solutions for medical imaging, has announced the launch of Grace, a multimodal foundation model that enables image-to-image and text-to-image learning across all medical imaging modalities. - Grace is available via private beta to developers, radiology PACS, and AI companies for fine-tuning and application development. Key Benefits of Grace - Unlocks diagnostic, clinical, and operational value from
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