What You Should Know:
- Ultrahuman, a pioneer in wearable health technology raises $35M in Series B funding led by prominent like Blume Ventures and Steadview Capital.
- Ultrahuman is set to achieve a significant milestone by the end of 2024 – surpassing $100M in annualized revenue run rate (ARR) while remaining profitable.
Building a Multi-Device Health Ecosystem
Ultrahuman: A Multi-Device Ecosystem for Holistic Health
Ultrahuman stands out as a leader in the health-tech
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Smartaly and Ambiq to Develop AI-Powered, Week-Long ECG Monitor
What You Should Know:
- Ambiq, a leader in low-power semiconductors, and Smartaly, an electronics design firm, have partnered to create an artificial intelligence (AI) powered handheld ECG monitor.
- The AI-powered ECG monitor device boasts not only exceptional battery life but also the power of AI for real-time health insights.
Week-long Monitoring on a Single Charge
Smartaly's ECG monitor leverages Ambiq's Apollo3 SoC, a third-generation system on a chip (SoC) specifically designed
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Hippocratic AI Secures $53M to Develop Safety-Focused GenAI for Healthcare
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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