What You Should Know:
- Digital diabetes management tools are failing to deliver meaningful health benefits to patients, according to a new evaluation by the Peterson Health Technology Institute (PHTI).
- The report casts doubt on the effectiveness of widely used digital diabetes management tools. Despite billions in investment, the study finds these tools offer minimal health benefits and actually increase healthcare spending.
Millions Rely on Tools, But Evidence Shows Little
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Chan Zuckerberg Initiative Forms AI Advisory Group & Residency Program to Develop Virtual Cell Models
What You Should Know:
- The Chan Zuckerberg Initiative (CZI) announced the formation of a powerful AI Advisory Group and an in-house AI residency program, both focused on building predictive models of healthy and diseased cells – a key step towards creating virtual cell models.
AI Advisory Group Background & Members
CZI's newly established AI Advisory Group will provide invaluable guidance and cross-disciplinary insights to CZI and the Chan Zuckerberg Biohub Network to push the
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Femtech: New Prenatal Genetic Test Predicts Baby’s Traits as Early as 10 Weeks
What You Should Know:
- BillionToOne (BTO), a company dedicated to accessible and accurate genetic testing, has launched BabyPeek, a first-of-its-kind prenatal test uses advanced technology to predict a baby's non-medical traits as early as 10 weeks.
- BabyPeek is designed to bring a touch of lighthearted joy to your pregnancy journey and complements the essential UNITY test, which screens for chromosomal abnormalities and recessive genetic conditions.
Peek at Your Baby's
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Nurse Shortage, Burnout Top Concerns for Healthcare Workers: AI Seen as Potential Solution
What You Should Know:
- A new survey by Carta Healthcare®, a company focused on harnessing the power of clinical data, sheds light on the pressing challenges faced by healthcare professionals in the United States.
- In honor of Certified Nurses Day, the survey conducted Propeller Insights in January/February 2024 among 500 healthcare workers, reveals that staff shortages and burnout are taking a significant toll on the industry.
Staffing Shortages: The Root Cause of Burnout
While
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Ultrahuman Scores $35M to Expand Smart Ring for AI-Powered Health Tracking
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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