What You Should Know:
Epic and Nuance (a Microsoft company) expand their long-term strategic collaboration by integrating Nuance’s new Dragon Ambient eXperience Express (DAX Express), the first fully AI-automated clinical documentation application in healthcare, into Epic workflows.As part of the integration, DAX Express for Epic will deliver everything clinicians need in one place to create a comprehensive note quickly, decreasing cognitive load, increasing provider satisfaction, and
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Augmedics Raises $82.5M for Augmented Reality Spine Surgery Platform
What You Should Know:
Augmedics, a Chicago-based provider of augmented reality (AR) surgical navigation raises $82.5M in Series D funding led by CPMG and adds Evidity Health Capital as a syndicate partner, with participation from current investors H.I.G. Capital, Revival Healthcare Capital, Almeda Ventures and others.The company’s revolutionary xvision Spine System® allows surgeons to see patients’ anatomy as if they have “x-ray vision” and accurately navigate instruments and
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Eko Health Launches AI-Enhanced Digital Stethoscope
What You Should Know:
Eko Health today announced the launch of its next-generation AI-enhanced digital stethoscope, CORE 500™. Engineered to enhance diagnostic accuracy and early disease detection, the CORE 500™ combines artificial intelligence (AI) software, high-fidelity audio experience, full-color display, and 3-lead electrocardiogram (ECG) to deliver an essential patient assessment tool for healthcare professionals (HCPs).
CORE 500 Features
The CORE
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U.S. Virgin Islands Launches Health Data Interoperability Pilot
What You Should Know:
U.S. Virgin Islands (USVI) Governor Albert Bryan Jr. signed a Letter of Intent with CRISP Shared Services to participate in a health data interoperability pilot program that will lay the foundation for OHIT’s Health Information Exchange in the Territory. The pilot establishes the initial phase of the Territory’s Health Information Exchange (HIE), which will enable the instant sharing of health information among doctors’ offices, hospitals, federally qualified health
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Oaktree Closes $2.3B Life Sciences Lending Fund
What You Should Know:
Oaktree Capital Management has closed its Life Sciences Lending Fund with a total capital commitment of $2.3B, representing the largest pool of capital ever raised dedicated to the space. Oaktree’s Life Sciences Lending Fund aims to generate attractive risk-adjusted returns by providing bespoke capital solutions to innovative companies across the life sciences sector globally, with a focus on high-growth subsectors, such as biopharma and medical
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Shoni Health Ventures Launches Health Tech VC Fund
What You Should Know:
Shoni Health Ventures, a new health tech VC fund announces it’s official launch affiliated with ARC Innovation at Sheba Medical Center. The affiliation with Sheba Medical Center gives portfolio companies access to global ecosystem partners, including leading health systems and medical personnel, and more than 25 years of medical data. The fund will invest in early-stage (pre-seed and seed stage) startups and will utilize its unique resources to support entrepreneurs
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AWS Launches $100M Generative AI Center to Accelerate Healthcare, Life Sciences
What You Should Know:
Amazon Web Services, Inc. (AWS) announced an investment of $100M to launch the AWS Generative AI Innovation Center, with healthcare and life sciences as a prioritized industry (alongside Financial Services, Energy & Utilities, Telco, and others). The AWS Generative AI Innovation Center will connect AWS AI and machine learning (ML) experts with customers around the globe to help them envision, design, and launch new generative AI products, services, and
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Smart Eye Will Monitor Driver’s Vital Signs to Enhance Road Safety
What You Should Know:
Smart Eye, a developer of Driver Monitoring System (DMS) technology for the automotive industry adds vital signs detection that analyzes multiple physiological signals to remotely monitor heart and respiration rates, enabling detection of sudden illness and prioritizing driver well-being.
By tracking the driver's physiological indicators, this new feature enables the early detection of sudden illnesses or unresponsive behavior while operating a vehicle. This
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Quest Diagnostics Completes Acquisition of Haystack Oncology
What You Should Know:
Quest Diagnostics announced that it has completed its $450M acquisition of Haystack Oncology.Haystack Oncology has developed a highly sensitive minimal-residual disease (MRD) testing technology, based on circulating tumor DNA (ctDNA), to aid in the early detection of residual or recurring cancer and better inform therapy decisions.Acquired back in April, the acquisition will leverage Quest’s expertise and scale in oncology, genomics and pathology. Quest
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DUOS Raises $10M to Empower Older Adults to Live Independently
What You Should Know:
DUOS, a digital health company focused on empowering older adults to live independently, announced today an additional $10M in funding led by Primetime Partners, SJF Ventures, and CEOC's Aging Innovation Fund managed by Castellan Group. Founded in 2020, DUOS focuses on older adults' aging needs and maximizes their well-being by connecting them with untapped health plan benefits and building high-trust relationships. The DUOS' System of Aging technology connects
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