What You Should Know:
- Brellium, the AI-powered clinical and payor compliance platform helping healthcare organizations streamline chart audits and reduce clinical risk, has secured $16.7M in Series A funding led by First Round Capital, Left Lane Capital, and Menlo Ventures, with participation from Digital Health Venture Partners and Necessary Ventures.
- The funding will fuel team growth, product development, and broader adoption across healthcare segments like mental health,
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Digital Health | News, Analysis, Insights - HIT Consultant
RISA Labs Raises $3.5M for AI-Powered Oncology Prior Authorizations Platform
What You Should Know:
- Cancer patients don’t just fight the disease - they fight the system. Today, life-saving treatments are routinely delayed by days or even weeks due to manual, error-prone workflows
- To solve this, RISA Labs has raised a $3.5M funding round to help healthcare organizations eliminate one of the most persistent barriers to timely cancer care: prior authorization delays. RISA Labs has already proven that faster care is possible by dramatically reducing manual
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GeneDx Acquires Fabric Genomics for $33M, Expanding Access to AI-Powered Genomic Interpretation
What You Should Know:
- GeneDx, a company focused on improving health outcomes through genomic insights, has announced its plans to acquire Fabric Genomics, a pioneer in AI-powered genomic interpretation.
- The acquisition aims to position GeneDx at the forefront of the next phase of genomic medicine, characterized by decentralized testing with centralized intelligence. Following the closing of the acquisition, Fabric Genomics will initially operate independently while
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Assort Health Raises $26M for Specialty-Specific GenAI Platform for Managing Patient Phone Calls
What You Should Know:
- Assort Health, a company specializing in AI solutions for managing patient phone calls in healthcare, has announced a new round of institutional financing co-led by First Round Capital and Chemistry, with continued support from existing investor Quiet Capital, bringing the company's total funding to $26M.
- The funding will be used to accelerate Assort Health's mission of improving access to care by addressing the issues of long hold times and scheduling
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New Mountain Capital Invests in SmarterDx to Fuel AI-Driven Revenue Integrity
What You Should Know:
-SmarterDx, Inc. (“SmarterDx” or “the Company”), a leader in clinical AI for revenue integrity and care quality, today announced a strategic investment from New Mountain Capital, LLC (“New Mountain Capital”), a leading growth-oriented investment firm with more than $55 billion in assets under management.
- This investment will support SmarterDx’s next phase of growth and product innovation, focused on creating value for health systems and enabling them to deliver the
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Eko Health Launches AI-Powered Stethoscope in the UK
What You Should Know:
- Eko Health, Eko Health, a global leader in AI-enabled cardiopulmonary care, today announced its launch in the United Kingdom—one of the world’s largest healthcare markets. UK clinicians can now purchase Eko’s CORE 500™ Digital Stethoscope, Eko+ Membership, and accessories through EkoHealth.com and Amazon UK, expanding access to AI-powered tools designed to support earlier detection of cardiovascular and respiratory disease.
- This expansion builds on Eko’s
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Synapse Health Appoints Mandira Singh as President
What You Should Know:
- Synapse Health, a company focused on advancing the durable medical equipment (DME) industry toward value-based care, has announced the appointment of Mandira Singh as its new president.
- Singh initially joined Synapse Health in August as a senior advisor and is now becoming part of the company's expanding executive team. This team is focused on modernizing the DME ecosystem to better serve patients, prescribers, and DME provider
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RadNet to Acquire iCAD for $103M in All-Stock Transaction
What You Should Know:
- RadNet, Inc., a national leader in providing high-quality, cost-effective diagnostic imaging services and digital health solutions, and iCAD, Inc., a global leader in AI-powered breast health solutions, announced that they have entered into a definitive merger agreement.
- Under the agreement, RadNet will acquire iCAD for $103M in an all-stock transaction.
Financial Details
Based on RadNet’s closing price on Monday, April 14, 2025, the transaction
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World’s First AI Lung Sound Suite: TytoCare Gets FDA Clearance for Rhonchi
What You Should Know:
- TytoCare, a pioneering virtual care company dedicated to delivering accessible, high-quality primary care from the comfort of home announced the company has become the first in the world to receive FDA clearance for its AI-based detection of all three major abnormal lung sounds.
- The milestone was reached with the FDA clearance of Tyto Insights™ for Rhonchi Detection, completing TytoCare’s comprehensive AI-powered lung sound suite. With this latest
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The AI Hype Cycle in MedTech: Navigating the Trough of Disillusionment
The emerging technologies hype cycle had multiple AI applications at the peak of inflated expectations in 2023 and were just beginning the ride down to the Trough of Disillusionment in 20241 2. For years, it’s been said that “the use of data and algorithms is going to transform healthcare.” While true to a degree, we see that MedTech companies that invest in trends like artificial neural networks, analytics, big data analytics, and now AI, often struggle to yield a significant return on
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