What You Should Know
Seattle-based RevealDx has secured a $3.4M strategic investment and a global distribution agreement with Melbourne-listed 4DMedical.The agreement appoints 4DMedical as the distributor for RevealDx's flagship software, RevealAI-Lung, across the United States, Europe, Australia, and New Zealand.RevealAI-Lung is an AI CADx software that generates a Malignancy Similarity Index (mSI™) to characterize incidental lung nodules, validated on over 1,500 patients.The tool has
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Digital Health | News, Analysis, Insights - HIT Consultant
Beyond Real-World Trial Iteration: QuantHealth Secures $45M for AI Clinical Simulation
What You Should Know
Tel Aviv-based AI clinical simulation platform QuantHealth closed a $45 million Series B financing round led by Qumra Capital.The round saw participation from major strategic and venture investors, including Sanofi Ventures, Pitango HealthTech, Bertelsmann Healthcare Investments (BHI), Artofin, GC Ventures, NewHealth, Shoni Top, and Esplanade Ventures.Proceeds will advance next-generation AI models, deepen scientific validation, expand therapeutic coverage beyond 40
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H1 and Novo Nordisk Partner to Advance AI-Driven Clinical Development
What You Should Know
Healthcare data and AI platform H1 announced a strategic partnership with global pharmaceutical leader Novo Nordisk to modernize clinical trial development.Under the agreement, H1 will acquire rights to further advance StudyHub, Novo Nordisk's proprietary digital and AI-enabled platform for clinical trial execution.The collaboration combines H1's global Doctor Graph and AI-ready datasets with Novo Nordisk’s clinical trial operations to optimize protocol design, site
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Epitel Closes $26M to Commercialize REMI Remote EEG Platform
What You Should Know
Salt Lake City-based digital health innovator Epitel, Inc. closed a $26M Series B funding round co-led by Catalyst Health Ventures and Genoa Ventures.The Series B financing supports the nationwide commercial footprint expansion of Epitel’s REMI® Remote EEG Monitoring System and REMI Vigilenz™ AI For Event Detection.Out of 9.2 million Americans experiencing seizures annually, 40% lack basic EEG access—largely because only 27% of U.S. hospitals possess native EEG diagnostic
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Inocras Closes $31M for Whole-Genome Bioinformatics Platform
What You Should Know
San Diego-based bioinformatics company Inocras Inc. closed an oversubscribed $31M Series B-3 financing round, bringing its total capital raised to approximately $100M.The funding round was supported by strategic investors NDS Corporation and Aimed Bio Inc., alongside new investors IMM Investment, Korea Investment & Securities, LoftyRock Investment, DT& Investment, Woori Investment & Securities, and Shinhan Securities.Proceeds will fund the U.S. expansion of
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DeepHealth Receives FDA 510(k) Clearance for AI-Driven Breast Ultrasound Automation
What You Should Know
DeepHealth, Inc. (a wholly owned subsidiary of RadNet, Inc.) received FDA 510(k) clearance for DeepHealth Breast Ultrasound, an AI platform automating lesion detection, ACR BI-RADS characterization, and reporting.The commercial software allows U.S. healthcare providers to pursue reimbursement under an existing Category III CPT code for quantitative ultrasound tissue characterization.RadNet plans to deploy the platform across its national outpatient network by the end of
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GE HealthCare Launches Invenia ABUS Prime for Dense Breast Screening
What You Should Know
GE HealthCare officially launched Invenia™ ABUS (Automated Breast Ultrasound) Prime and ABUS StreamVue™, extending its diagnostic ultrasound portfolio targeting dense breast tissue.ABUS StreamVue received U.S. FDA 510(k) clearance and CE Marking as a zero-footprint, browser-based reading platform developed in collaboration with Candelis, Inc. to enable remote multi-site exam review.Dense breasts affect approximately 40% of women across the U.S. and Europe, elevating
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Why AI Finally Changes the Math on Fraud, Waste, & Abuse in Healthcare
The U.S. health care system loses more than $100 billion a year to fraud, waste, and abuse, and by some estimates several times that. We have known this for decades. What is new is that the technology to catch it has finally caught up. The question is no longer whether the tools work; it is whether the institutions processing and paying the faulty claims will finally use them.
What the system is actually losing
Three different problems get lumped together, so it is worth
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Beyond Annual Physicals: Function Secures $450M Growth Financing from General Catalyst
What You Should Know
Consumer health platform Function Health secured $450M in non-dilutive growth financing from General Catalyst’s Customer Value Fund (CVF).The mega-round comes just eight months after Function’s $298M Series B, accelerating its goal of scaling direct-to-consumer lab testing, full-body imaging, and personalized AI analytics.The injection follows two major Q2 expansion acquisitions: Getlabs (a nationwide mobile blood draw network) and SuppCo (a dietary supplement tracking
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The Real Truth About Zero Data Retention: What AI Coding Tools Actually Promise in a HIPAA-Compliant World
A developer on your team is debugging a scheduling algorithm. They paste a function into an AI coding tool that references a patient's Medicaid eligibility window. Did that data just get retained? Logged? Used for training? For most engineering leaders, the honest answer is: they don't know.
That knowledge gap has a cost. IBM's Cost of a Data Breach Report found that 63% of organizations lack formal AI governance policies, and as AI tooling becomes embedded in everyday development
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