What You Should Know:
- Bicycle Health, the nation's largest provider of virtual opioid use disorder (OUD) treatment, today announced a $16.5 million funding round led by Questa Capital, with participation from all existing and new investor JSL Health.
- The investment comes on the heels of Bicycle Health achieving operating profitability in 2024, demonstrating the company's commitment to sustainable growth while addressing the ongoing opioid epidemic.
Addressing a Critical
Read More
Mercy to Deploy Aidoc’s AI-Powered Imaging Platform Across Enterprise
What You Should Know:
- Mercy Health System, a healthcare provider, is transforming its imaging services with the help of Aidoc's aiOS™ platform.
- The AI-powered solution provides an additional layer of review for diagnostic imaging, helping to identify a wide range of potential health issues and incidental findings.
Addressing the Radiologist Shortage
The healthcare industry is facing a growing shortage of radiologists, with increasing demand and complex imaging studies
Read More
Abridge Launches Epic Integrated AI Solution for Emergency Medicine
What You Should Know:
- Abridge, a provider of generative AI solutions for healthcare launches Abridge Inside for Emergency Medicine, a new suite of enhancements designed specifically for the fast-paced and demanding environment of emergency care.
- The solution integrates seamlessly with Epic's ASAP module in Haiku and Hyperspace, transforming high-pressure clinical conversations into structured notes and reducing administrative burden on emergency medicine
Read More
Cedars-Sinai and OSE Co-Invest $2M in Neurology Care Startup Neu Health
What You Should Know:
- Cedars-Sinai Intellectual Property Company and Oxford Science Enterprises (OSE) have announced a strategic partnership to co-invest in and support the development of digital health startups.
- To kick off the partnership, Cedars-Sinai and OSE have co-invested $2 million in Neu Health, a University of Oxford spin-out company that has developed a digital neurology care platform. Neu Health's platform uses a smartphone app and AI to track and analyze
Read More
SafelyYou Secures $43M for AI-Powered Solutions for Senior Living Communities
What You Should Know:
- SafelyYou, a provider of AI-powered solutions for senior living communities, today announced a $43M Series C funding round led by Touring Capital.
- This latest investment brings SafelyYou's total funding to over $100M and will support the company's mission to empower safer, more person-centered care for seniors.
Addressing the Growing Needs of Senior Living
The senior living industry faces numerous challenges, including:
High fall rates: Falls
Read More
Beacon Health to Deploy Xsolis’ GenAI Solution to Streamline Medical Necessity Reviews
What You Should Know:
- Beacon Health System is expanding its partnership with Xsolis, a provider of AI-driven solutions for healthcare to deploy its generative AI technology for streamlining medical necessity reviews.
- The expanded partnership builds on the successful implementation of Xsolis' AI platform at Beacon Health System in 2019, which has already generated over $95M in savings.
Reduce Administrative Burden and Improve Efficiency in Healthcare
The healthcare
Read More
Telemedicine Clinic Hone Health Raises $33M, Acquires ivee
What You Should Know:
- Hone Health, a telehealth clinic specializing in personalized hormone optimization and longevity care secures $33M in Series A funding round led by Tribe Capital with participation from prominent investors like PIF, Republic Capital, and Vibe VC, brings Hone Health's total funding to $39M.
- The funding will fuel Hone Health's expansion into proactive and preventative longevity care for men and women, while also supporting its commitment to regulatory
Read More
Lantheus to Acquire Evergreen Theragnostics to Expand Radiopharmaceutical Capabilities
What You Should Know:
- Lantheus Holdings, Inc., a radiopharmaceutical company, announced today a definitive agreement to acquire Evergreen Theragnostics, Inc., a clinical-stage radiopharmaceutical company.
- The all-cash transaction consists of an upfront payment of $250M and up to an additional $752.5M in potential milestone payments.
- The acquisition marks Lantheus' fifth deal since January 2024 and solidifies its position as a fully integrated
Read More
Global AI Medical Imaging Market to Reach $4.5B by 2029
What You Should Know:
- The global AI medical imaging market is experiencing a period of rapid expansion, fueled by technological advancements, increasing government initiatives, and a growing demand for more efficient and accurate diagnostic solutions, according to a new report by MarketsandMarkets.
- Valued at US$1.29B in 2023, the market is projected to reach an impressive US$4.54B by 2029, growing at a robust compound annual growth rate (CAGR) of 22.4%.
Driving Forces Behind AI
Read More
Aligned Marketplace Secures $3M for Advanced Primary Care
What You Should Know:
- Aligned Marketplace, a leading platform connecting self-insured employers with advanced primary care (APC) providers secures $3M in seed funding led by existing investors A* and Maverick Ventures.
- The funding will fuel the company's continued growth and expansion as it addresses the rising demand for affordable, high-quality primary care solutions.
- This announcement follows a successful year for Aligned Marketplace, which included an initial $8M
Read More
