What You Should Know:
- Soda Health, a health tech company transforming the way healthcare benefits are utilized, has announced a $50 million Series B funding round led by General Catalyst, with participation from former Humana CEO Bruce Broussard and from existing investors Lightspeed Venture Partners, Define Ventures, Qiming Venture Partners USA, and SVB Capital.
- The Series B round of funding will fuel Soda Health's mission to improve health outcomes and reduce inequities
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Philips, Mayo Clinic Partner to Advance AI in Cardiac MRI
What You Should Know:
- Philips and Mayo Clinic have announced a research collaboration to advance magnetic resonance imaging (MRI) for cardiac applications with artificial intelligence (AI).
- The strategic partnership will leverage the power of AI and clinical expertise to improve operational efficiency, shorten exam times, and expand access to cardiac MRI for more patients.
AI-Driven Efficiency in Cardiac MRI
The collaboration will combine Mayo Clinic's proprietary AI
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Xsolis Launches Generative AI Solution to Streamline Healthcare Appeals
What You Should Know:
- Xsolis, a provider of AI-driven solutions for healthcare administration, has announced the launch of a new generative AI platform designed to streamline the appeals process for healthcare providers.
- MultiCare Health System in Washington State will be the first to pilot this innovative solution, which aims to reduce administrative burden and improve revenue cycle efficiency.
Addressing Administrative Waste in Healthcare
Healthcare providers face
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Know Rare Launches HealthStoryAI App for People Living with Rare Disease
What You Should Know:
- Know Rare, a global support platform for individuals impacted by rare diseases and rare cancers, has launched HealthStoryAI, a new health journaling app designed to empower patients and caregivers.
- The new app offers a personalized and secure platform for documenting the unique experiences and challenges of living with rare conditions.
Addressing the Needs of the Rare Disease Community
Millions of people worldwide live with rare diseases, often
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RSNA: Nonin Medical Launches First FDA-Cleared OTC Fingertip Pulse Oximeter for Accurate Readings Across Skin Tones
What You Should Know:
- Nonin Medical, a global leader in noninvasive medical monitoring lauches TruO2 OTC, the first over-the-counter (OTC) fingertip pulse oximeter to receive FDA clearance. This innovative device is designed to provide accurate blood oxygen saturation readings for adults across all skin tones, empowering individuals to make informed healthcare decisions.
- Nonin Medical's founder, Phil Isaacson, was the original inventor of the fingertip pulse oximeter. The
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RSNA: Siemens Healthineers Adopts NVIDIA’s MONAI Deploy for Faster AI Deployment
What You Should Know:
- Siemens Healthineers, a global leader in medical technology, has adopted NVIDIA MONAI Deploy to accelerate integrating AI workflows into its Syngo Carbon and syngo.via enterprise imaging platforms.
- NVIDIA's MONAI platform is revolutionizing the field of medical imaging by accelerating the development and deployment of AI applications. This open-source framework is empowering healthcare professionals and researchers to harness the power of AI to improve
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WellRX Acquires Bioreach Lab to Enhance Preventative Healthcare Offerings
What You Should Know:
- WellRX, the parent company of preventative healthcare brands ReviveRX and Ways2Well, has acquired Bioreach, a cutting-edge bloodwork and genetics laboratory.
- The strategic acquisition brings advanced diagnostic capabilities in-house, allowing WellRX to streamline its preventative healthcare offerings and enhance patient care.
Expanding Access to Advanced Diagnostics
By integrating Bioreach's laboratory services, WellRX can now offer a
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Kyan Health Raises $16.7M to Transform Workplace Mental Health with AI
What You Should Know:
- Kyan Health, a digital health company transforming workplace mental wellbeing, has secured $16.7 million in funding to expand its AI-powered platform globally.
- The investment, comprising a seed round led by Amplo VC and a Series A round led by Swisscom Ventures, will fuel Kyan's mission to transform how companies approach employee mental health.
Addressing the Mental Health Crisis in the Workplace
Despite billions spent on workplace wellness programs, many
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Neoplas Med Secures $18M Investment to Advance Cold Plasma Wound Care Tech
What You Should Know:
- Neoplas Med GmbH, a Greifswald-based medical technology company, has secured an $18M investment from Niterra Ventures Company to further develop and expand its innovative cold plasma wound care technology.
- The latest investment brings Niterra's total investment in Neoplas Med to $25M, following previous funding rounds in 2022 and 2023.
Transforming Wound Care with Cold Plasma
Neoplas Med is a pioneer in the field of cold plasma technology for
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Philips, AWS Expand Partnership to Bring Integrated Diagnostics to the Cloud
- Philips announced it is expanding its strategic collaboration with Amazon Web Services (AWS) to offer its integrated diagnostics portfolio in the cloud.
- The strategic partnership aims to unify diagnostic workflows, improve access to critical insights, and drive better outcomes across clinical specialties.
Cloud-Powered Diagnostic Solutions
Philips is leveraging AWS's cloud infrastructure to deliver scalable and reliable healthcare informatics solutions. By migrating
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