What You Should Know:
- John Snow Labs, the AI for healthcare company announced its acquisition of WiseCube, a pioneer in biomedical knowledge graphs and AI-powered literature analysis. Financial details of the acquisition were not disclosed.
- The strategic move is set to significantly enhance John Snow Labs' mission to deliver responsible, accurate, and explainable healthcare AI solutions by integrating WiseCube’s billion-scale knowledge platform.
Enhancing AI Capabilities in
Read More
Smith+Nephew Awarded $75M DoD Contract to Supply Advanced Wound Therapy Systems
What You Should Know:
- Global medical technology company Smith+Nephew has been selected to provide its RENASYS◊ TOUCH Negative Pressure Wound Therapy (NPWT) Systems to the U.S. Department of Defense (DoD).
- The single-award contract, facilitated through the Defense Logistics Agency (DLA), spans 10 years and is valued at up to $75M.
- The agreement will equip military medical providers with an advanced solution for managing complex wounds across various stages of care, from
Read More
Fuze Health Launches, Uniting Truepill, LetsGetChecked, and Alto to Transform At-Home Personalized Care
What You Should Know:
- Fuze Health, a new technology-powered healthcare solutions company, launches with a commitment to transforming patient experiences and advancing personalized care.
- The company aims to enable healthcare partners—including care providers, employers, health plans, and life sciences companies—to excel in an outcomes-focused system, while empowering patients to more comprehensively manage their health at home.
Comprehensive At-Home Care: From Testing to
Read More
WellTheory Secures $5M to Launch AI Tools to Transform Autoimmune Care
What You Should Know:
- WellTheory, a whole-person care platform for autoimmune disease secures $5M in new funding and the successful rollout of its proprietary AI tools, Care Hub and Care Scribe, across its care operations.
- New investors Samsung Next, Opal Ventures, and Up2 Fund joined the round, with continued support from existing investors Accel, OVO Fund, and BoxGroup.
- The new capital will fuel the company’s expansion into the employer and health plan markets and
Read More
Experity Launches AI-Powered Partner Ecosystem to Modernize Urgent Care Tech Infrastructure
What You Should Know:
- Experity, an on-demand healthcare solution provider serving 22 of the 25 largest enterprise urgent care organizations in the U.S. launches its innovative Partner Ecosystem.
- The initial rollout of AI-driven capabilities and resources within Experity’s software platform signifies a strategic investment aimed at evolving the landscape of urgent care by enhancing efficiency, creating new profit opportunities for clinics, and expanding the human impact of
Read More
Axle Health Secures $10M to Transform Home Healthcare Operations with AI-Powered Logistics
What You Should Know:
- Axle Health, a pioneering technology company focused on transforming home healthcare operations secures $10M in Series A financing round led by F-Prime, with participation from Y Combinator, Pear VC, and Lightbank.
- The new capital infusion will fuel Axle Health's aggressive expansion plans. The company intends to scale its proprietary healthcare logistics platform, enhance its AI-powered scheduling and routing algorithms, accelerate the development of its
Read More
Innovaccer Launches “Gravity™” Healthcare Intelligence Platform to Accelerate AI-Driven Transformation
What You Should Know:
- Innovaccer Inc., an healthcare AI company launches Innovaccer Gravity™, its comprehensive Healthcare Intelligence Platform.
- The platform is engineered to help healthcare organizations unlock the full potential of their data, enabling them to accelerate AI-driven transformation, achieve faster return on investment (ROI), and reduce total cost of ownership (TCO).
- Innovaccer Gravity aims to unify disparate data from electronic health records (EHRs),
Read More
Equum Medical Acquires VeeOne Health’s Clinical Services
What You Should Know:
- Equum Medical, a leading national provider of acute telehealth-enabled clinical workforce solutions, today announced it has acquired the clinical health services of VeeOne Health. This strategic acquisition includes VeeOne Health's Tele-Psychiatry, Tele-Neurology, Tele-Infectious Disease (Tele-ID), Tele-Pulmonary, and Tele-ICU service lines.
- The move significantly expands Equum Medical's comprehensive telehealth offerings across the care continuum and
Read More
Why Digital Asset Management Is Crucial for Healthcare
Digital asset management (DAM) is a significant part of the technology package in the healthcare industry. As the amount of data keeps increasing, the need for efficient organization and easy access also becomes paramount. Understanding the reasons why DAM is necessary in the healthcare field can help manage the workload, improve patient care, lower expenses, and ensure data security.
The implementation of healthcare asset management software enables organizations to streamline their
Read More
Whistleblowers Accuse UnitedHealthcare/Optum of Medicare Fraud, Denying Critical Care to Nursing Home Patients
What You Should Know:
- Less than a week after the resignation of UnitedHealth Group (UHG) CEO Andrew Witty, two whistleblowers have come forward with significant evidence alleging that Optum, a subsidiary of UnitedHealthcare (UHC), is engaged in dangerous and deceptive practices amounting to defrauding Medicare.
- The accusations detail a purported "playbook" employed by UHC that systematically delays or outright denies critical care to vulnerable nursing home patients to
Read More
