What You Should Know:
- ChristianaCare recently announced it has spun out its first commercial biotechnology private startup company, named CorriXR Therapeutics. The company will use CRISPR gene editing technology to develop new, clinically relevant oncologic therapeutics in areas of unmet medical need, starting with squamous cell carcinoma of the lung. Its close relationship with ChristianaCare and the ChristianaCare Gene Editing Institute uniquely positions it to research and develop
Read More
TytoCare Launches Donation Initiative for Global Communities in Need
What You Should Know:
- TytoCare, the global healthcare industry’s first all-in-one modular device and examination solution for AI-powered, on-demand, remote physical exams, is announcing today the launch of its new giveback initiative, TytoCareS.
- The program will facilitate and supplement device donations from TytoCare and its partners, including health systems and insurers, to provide increased access to clinic-quality care to communities in need.
Enabling Donations of Devices
Read More
NeuroFlow Secures $25M for Behavioral Health Integration Platform
What You Should Know:
- NeuroFlow, the market leader in behavioral health integration technology, has secured $25 million in growth capital, led by SEMCAP Health.
- With SEMCAP Health as a new strategic partner and investor, the company will continue to expand its groundbreaking referral network and deepen its relationships with payors and providers, determined to identify and triage individuals with behavioral health needs across the spectrum of care
Accelerating
Read More
Redesign Health Lays Off 20% of Staff in Restructuring Move
What You Should Know:
- Redesign Health, a company that builds other healthcare startups, laid off 67 employees, or about 20% of its workforce, Fast Company reports. The cuts come roughly a month after Redesign raised $65 million in Series C funding.
- A spokesperson for Redesign confirmed the layoffs, calling the cuts a “restructuring move.” “This move by Redesign was not financially driven—or was something that was related, connected to, or a requirement of the recent round
Read More
Growing Surgical Revenue, OR Automation Named Top Priority for Health Systems
What You Should Know:
- Increasing surgical services revenue is a top priority for healthcare systems, with automation seen as a way to accomplish it, according to a new survey of healthcare executives conducted by The Health Management Academy.
- Seventy-six percent of respondents named increasing surgical services revenue as a top priority, while half the health systems represented said they plan to increase investments across their surgical services in the next two
Read More
FOLX Health Raises $30M, Launches Expert-Led Support Groups for LGBTQIA+ Community
What You Should Know:
- FOLX Health, the first digital healthcare service provider designed by and for the medical needs of the LGBTQIA+ community, today announced $30M in new financing led by 7wireVentures, with participation from new investor Foresite Capital and existing investors, including Bessemer Venture Partners, Define Ventures, and Polaris Partners.
- Lee Shapiro, Managing Partner of 7wireVentures and former Chief Financial Officer of Livongo Health, will join FOLX Health’s Board
Read More
Proscia Unveils New Enhancements to its Digital Pathology Platform
What You Should Know:
- Proscia®, a leading provider of digital and computational pathology solutions, has introduced the next version of its Concentriq® Dx platform for primary diagnostic workflows, which is CE-marked under IVDR.
- The release brings together new features and a compelling user experience to help even the largest laboratory networks transition to 100% digital diagnosis. In doing so, they can realize the full promise of the shift away from microscope-based
Read More
Research: AI Outperforms Ophthalmologists at Detecting Eye Disease
What You Should Know:
- A new study published in Ophthalmology Science, a peer-reviewed journal of the American Academy of Ophthalmology, found that Artificial Intelligence is significantly better at detecting diabetic retinopathy (DR) than eye specialists. DR is the leading cause of blindness among working-age adults yet is easily treatable with early detection.
- The multi-center study evaluated the FDA-cleared EyeArt AI system against dilated eye exams
Read More
KLAS: State of Digital Pathology Among Early Adopters in 2022
What You Should Know:
- In anticipation, many technology vendors are vying for a foothold in the US, leading to a highly varied landscape. In partnership with the Digital Pathology Association (DPA), KLAS surveyed 55 provider organizations (including hospitals, health systems, academic health centers, and reference labs) to assess the state of digital pathology among pioneers in the US and determine which vendors are gaining traction.
- 33 of the interviewed organizations are live with
Read More
MIT System “Sees” The Inner Structure of Body During Physical Rehab
What You Should Know:
- Researchers from MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) and Massachusetts General Hospital have created an unsupervised physical rehabilitation system called MuscleRehab.
- Motion tracking captures motion activity, while Electrical Impedance Tomography measures “what the muscles are up to”, whereas a virtual reality headset and tracking suit lets one watch themselves perform alongside a physical therapist.
Virtual Reality Driven
Read More
