What You Should Know: - Hippocratic AI, a company developing a safety-focused Large Language Model (LLM) for healthcare raises $53M in Series A funding, bringing their total funding to $120M. The round was co-led by Premji Invest and General Catalyst with participation from SV Angel and Memorial Hermann Health System as well as existing investors Andreessen Horowitz (a16z) Bio + Health, Cincinnati Children’s, WellSpan Health, and Universal Health Services (UHS). - The company also launched
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American Cancer Society, Color Health Expand Cancer Care Program for Employers and Unions
What You Should Know: - The American Cancer Society (ACS) and Color Health announced today a significant expansion of their existing program, creating a first-of-its-kind comprehensive cancer solution for employers and labor unions. This enhanced program goes beyond screening and prevention to support employees and members throughout all stages of the cancer journey. - The expanded program builds upon the existing collaboration between ACS and Color Health, which has already provided
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Rectangle Health Launches Technology Partnership Program
What You Should Know: - Rectangle Health, a leading healthcare technology company, today announced the launch of its Technology Partnership Program (TPP). This program aims to empower healthcare providers by fostering collaboration with best-in-class digital health companies. - By collaborating with leading healthcare technology firms through TPP, Rectangle Health aims to enhance the accessibility of valuable tools for providers and organizations, ultimately opening new avenues for growth
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Lunit Expands AI-powered Cancer Screening Solution to France and Portugal
What You Should Know: - Lunit (KRX:328130.KQ), a provider of AI-powered cancer diagnostics and therapeutics solutions, announced today two significant commercial agreements that mark its continued European expansion. - These strategic deals will bring Lunit's AI-powered cancer screening solution to healthcare providers in France and Portugal, aiding in the fight against cancer. TeleDiag and Lunit Partner to Improve Lung Cancer Detection in France Lunit has partnered with TeleDiag,
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Amazon, CVS, Google, Mayo Clinic, Stanford Others Join Coalition for Health AI (CHAI) as Founding Partners
What You Should Know: - The Coalition for Health AI (CHAI) announced today a significant milestone with the formation of its founding partner group. - The diverse group brings together leading non-profit research institutions, patient advocacy organizations, and healthcare providers alongside major technology companies. Shared Mission: Trustworthy AI for Better Healthcare CHAI's core mission is to establish itself as the go-to resource for responsible AI in healthcare. They aim
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Therabody Pours $10M into Scientific Research, Formalizes Advisory Board
What You Should Know: - Therabody, an innovator in wellness technology is pledging over $10M to fund scientific and clinical research studies across beauty, wellness, and athletic performance. - The investment reflects their commitment to scientific validation in a rapidly evolving healthcare landscape. Therabody will also launch its first grant program to support researchers globally who are merging wellness and technology in their work. Therabody & ACSM Partnership A key
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Tempus Donates Over 3,000 Cancer Patient Profiles to Fuel National Cancer Institute Research
What You Should Know: - Tempus, a leader in artificial intelligence and precision medicine, announced a groundbreaking data contribution to the National Cancer Institute (NCI) today. - The first-of-its-kind contribution will significantly enhance the NCI's planned Data Enclave, a secure repository designed to accelerate cancer research. Unlocking Insights from 3,000 Cancer Diagnoses Tempus is donating de-identified tumor profiles with limited associated clinical information from over
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Healthcare Hiring Crisis: AI and Automation Emerge as Lifelines in 2024
What You Should Know: - A new report by GoodTime sheds light on how the industry is leveraging technology to combat this critical challenge. The U.S. healthcare system faces a looming workforce shortage, with a projected deficit of nearly 200,000 nurses by 2031. - The 2024 GoodTime Hiring report offers a valuable glimpse into the current state of healthcare hiring. As the industry grapples with workforce shortages, AI and automation are emerging as lifelines, allowing healthcare
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Lilly Partners with Amazon Pharmacy to Deliver GLP-1 Medications Directly to Patients
What You Should Know: - Eli Lilly and Company (Lilly) and Amazon Pharmacy today announced a strategic collaboration to improve patient access to GLP-1 medications for diabetes, obesity, and migraines. - The partnership aims to improve access to these treatments and empower patients with the support they need to manage their chronic conditions. Addressing a Growing Need Millions of Americans struggle with diabetes, obesity, and related conditions. Nearly one in three adults
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Vivalink Unveils Biometrics Data Platform for Remote Hospital-at-Home Monitoring
What You Should Know: - Vivalink, a leader in digital healthcare solutions, is transforming patient care with its Biometrics Data Platform. - Vivalink's Biometrics Data Platform offers a comprehensive solution for remote chronic and acute patient monitoring, facilitating seamless hospital-at-home care. With over 300 healthcare and life sciences partners across 51 countries, Vivalink's Biometrics Data Platform is making a global impact. Benefits of Hospital-at-Home Care Studies
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