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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Google Launches Health AI Developer Foundations (HAI-DEF) to Accelerate Healthcare AI Development
What You Should Know:
- Google has introduced Health AI Developer Foundations (HAI-DEF), a public resource designed to empower developers in building and implementing AI models for healthcare more efficiently.
- The initiative aims to democratize AI development in the healthcare sector, fostering innovation and improving patient care.
Addressing Challenges in Healthcare AI Development
Developing AI for healthcare presents unique challenges:
Data Requirements: Large,
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Teladoc Health Enhances Virtual Sitter Solution with AI to Improve Patient Safety and Efficiency
What You Should Know:
- Teladoc Health has announced the launch of new AI-powered capabilities for its Virtual Sitter solution.
- Virtual Sitter aims to enhance patient safety, address workforce challenges, and improve care delivery for hospitals and health systems.
Addressing the Challenge of Patient Falls with AI-Powered Fall Prevention
Patient falls are a significant concern in hospitals, leading to injuries, increased healthcare costs, and strain on resources. Teladoc
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Optimizing Clinical Trials with AI and Data-Driven Insights
While most technology- and innovation-oriented industries have followed the general principles of Moore’s Law, which holds that computing power would double yearly, while costs were cut in half, the life sciences industry appears to be spending more money developing fewer drugs.
According to the latest data, the cost to take a drug candidate from the discovery stage, all the way to market launch, hit $2.3 billion in 2022—a $298 million rise from 2021. Meanwhile, there were
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VA Award Medtronic Contract to Deploy AI-Powered Endoscopy Units Nationwide
What You Should Know:
- Medtronic today announced that the U.S. Department of Veterans Affairs (VA) has awarded a three-year contract for the deployment of nearly 100 additional GI Genius™ AI-powered endoscopy units across VA medical centers nationwide.
- The expansion aims to provide veterans with access to state-of-the-art colorectal cancer screening technology.
Improving Colorectal Cancer Screening for Veterans
Colorectal cancer is a significant health concern,
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Siemens Healthineers and Ohio State Wexner Medical Center Forge $105M Value Partnership
What You Should Know:
- Siemens Healthineers and The Ohio State Wexner Medical Center have expanded their long-standing collaboration to establish a 10-year, $105M Value Partnership.
- The strategic alliance aims to drive innovation in medical imaging, artificial intelligence (AI), and machine learning, ultimately transforming care delivery and improving patient outcomes.
Accelerating Innovation in Healthcare
The partnership will leverage Siemens Healthineers' expertise
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Millions of Americans Remain Uninsured or Underinsured Despite ACA Gains
What You Should Know:
- A new report from the Commonwealth Fund reveals that despite significant progress in expanding health insurance coverage under the Affordable Care Act (ACA), millions of Americans still lack adequate and affordable healthcare.
- The report highlights the prevalence of coverage gaps, high out-of-pocket costs, and the burden of medical debt, underscoring the need for further policy action to achieve truly universal coverage.
Uninsured and
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Smartphone AI Facial Scans May Help Detect Sleep Disorders, Stanford Study Finds
What You Should Know:
- Researchers at Stanford University, in collaboration with SoundHealth, have conducted a pioneering study exploring the use of smartphone facial scans and AI to analyze facial structures linked to sleep disorders.
- The approach offers the potential for earlier and more accessible screening of conditions like insomnia and obstructive sleep apnea (OSA).
Non-invasive Screening with Smartphones
Traditionally, identifying physical traits associated with
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