What You Should Know:
- Centivo, a healthcare company on a mission to make high-quality healthcare more affordable, today announced a successful $75M funding round, comprising both equity and debt financing.
- The investment included participation from new strategic investors Cone Health Ventures and MemorialCare Innovation Fund, alongside existing financial investors such as B Capital, Cox Enterprises, and others.
Addressing the Affordability Crisis
Healthcare costs in
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Digital Health | News, Analysis, Insights - HIT Consultant
AI Medical Scribe for Veterinarians Scribenote Secures $8.2M
What You Should Know:
- The veterinary profession is facing a crisis of burnout, with 86% of veterinarians reporting severe stress levels. One of the compounding issues includes a frequently overlooked culprit: spending hours writing medical records.
- Scribenote, an AI-powered medical scribe for veterinarians, has raised $8.2M in seed funding to tackle this problem head-on. The company's funding was led by Andreessen Horowitz (a16z), with additional participation from Inovia Capital, the
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Hippocratic AI Secures $17M to Advance Safety-Focused LLMs in Healthcare
What You Should Know:
- Hippocratic AI, a pioneer in developing safety-focused Large Language Models (LLMs) for healthcare, announced today that it has received a significant investment from NVentures, the venture capital arm of NVIDIA.
- The $17M investment, backed also by Greycroft and Leo Shapiro of 7Wire Ventures, adds to Hippocratic AI’s recent Series A round, bringing the total funds raised to an impressive $137M.
Collaboration with NVIDIA
Hippocratic AI's
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Mendel AI’s Hypercube Platform Now Available on Snowflake, Transforming Clinical Data Analysis
What You Should Know:
- Mendel AI, a leader in clinical AI, announced the general availability of its groundbreaking Hypercube Platform natively on the Snowflake AI Data Cloud.
- The integration offers healthcare organizations a powerful tool to transform fragmented data into actionable clinical insights, driving advancements in research, operations, and patient outcomes.
Hypercube Platform: Redefining Clinical Data Analysis
Mendel's Hypercube Platform combines advanced
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Philips and Jackson Health System’s Collaboration Reduces Carbon Emissions in Patient Monitoring
What You Should Know:
- Philips and Jackson Health System have released the findings of a collaborative Life Cycle Assessment (LCA) demonstrating the substantial sustainability benefits of transitioning to Philips' next-generation monitoring solutions.
- The study, conducted at Jackson Memorial Hospital, Jackson North Medical Center, and Jackson South Medical Center, revealed a significant reduction in carbon emissions and waste, showcasing the potential for patient monitoring
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Dexcom and Beyond Type 2 Launch National Glucose Awareness Week with Retta
What You Should Know:
- DexCom, Inc., the global leader in real-time continuous glucose monitoring, and Beyond Type 2, a non-profit organization, are joining forces with actress Retta to launch the first-ever National Glucose Awareness Week.
- Taking place from September 23-29, 2024, this initiative aims to bridge the knowledge gap surrounding glucose health and empower individuals to take control of their well-being.
Addressing the Glucose Knowledge Gap
While glucose
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Medical Experts Utilize NVIDIA-Powered Federated Learning to Advance AI in Tumor Segmentation
What You Should Know:
- A team of experts from leading U.S. medical centers and research institutions is utilizing NVIDIA-powered federated learning to investigate the impact of this technique and AI-assisted annotation in training AI models for tumor segmentation.
- NVIDIA-powered federated learning aims to overcome data-sharing challenges and accelerate the development of more accurate and generalizable AI models in medical imaging.
Federated Learning: Revolutionizing Data
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Harnessing AI to Navigate the Shifting Landscape of Member Engagement
The healthcare landscape continues to evolve rapidly, driven by advancements in technology and the ongoing shift towards alternative payment models. As payers navigate this increasingly complex environment, member engagement has emerged as a critical factor in ensuring the success of healthcare initiatives. Now, with the emergence of artificial intelligence (AI) in healthcare and value-based care, understanding and prioritizing member engagement has become more important than ever.
Patient
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Ferrum Health Secures $16M for Vendor-Neutral AI Platform
What You Should Know:
- Ferrum Health, a pioneering software provider enabling AI deployment in healthcare systems, raises $16M in Series A funding led by Foundry, with participation from Catalyst by Wellstar, Headwaters Ventures, UnitedHealthcare Accelerator, and existing investors including Blumberg Capital, Cercano, GSR, Urban Innovation Fund, and Singtel Innov8. This brings Ferrum Health's total funding to $31M.
- This Series A funding will fuel Ferrum Health's expansion and
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97% of Patients Are Confident AI Will Elevate Patient Care, Report Reveals
What You Should Know:
- A new study by Upvio, a leading digital care platform, titled "State of AI and Technology Adoption in Healthcare," provides critical insights into the transformative role of technology in the healthcare industry.
- The comprehensive report, based on a survey of over 1,400 patients and healthcare professionals, underscores the widespread adoption of telehealth and the growing acceptance of AI-powered tools.
Key Findings
Upvio's research is designed
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