What You Should Know:
- Augmedix (AUGX), a leader in AI-powered medical documentation and data solutions, is being acquired by healthcare technology provider Commure in an all-cash deal valued at approximately $139M. News of the acquisition brought Augmedix up by 150% at $2.27 at 10 am ET after closing at $0.92 on Thursday.
- Augmedix leverages AI technology to streamline medical documentation and data management for healthcare providers. Their platform uses ambient AI to
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Digital Health | News, Analysis, Insights - HIT Consultant
PCR is the Gold Standard of Testing. How Can It Be Improved?
Most of us have been tested for COVID-19 over the past few years. If that’s true of you, you know the routine: you go to a testing site, give your sample, a medical professional sends it to a laboratory, and you receive your results in a day or two. If this sounds familiar, you’ve benefited from PCR (Polymerase Chain Reaction) testing.
PCR is well known for its accuracy. It has limitations, however: it’s costly, time-consuming, and requires samples to be sent to central laboratories.
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GE HealthCare Acquires Intelligent Ultrasound for $51M
What You Should Know:
GE HealthCare (Nasdaq: GEHC) announced an agreement to acquire the clinical artificial intelligence (AI) software business of Intelligent Ultrasound Group PLC (Intelligent Ultrasound) for approximately $51M.
- The acquisition is expected to close in the fourth quarter of 2024, subject to customary closing conditions. GE HealthCare will finance the deal with existing cash reserves. The strategic acquisition signifies GE HealthCare's dedication to advancing
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AI-Powered Deepfakes Fuel Surge in Social Media Supplement Scams
What You Should Know:
- Social media has become a breeding ground for deceptive health supplement ads, with AI-powered deepfakes taking these scams to a whole new level of danger. A recent study by Bitdefender Labs reveals a dramatic increase in phony social media ads promoting fictitious supplements and treatments.
-Researchers at Bitdefender Labs analyzed health-related scams on social media platforms like Facebook, Messenger, and Instagram over a three-month period,
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Q Bio Secures $27M to Expand Full-Body MRI with Mark I Scanner
What You Should Know:
- Q Bio Inc., a pioneer in medical imaging technology secures $27M in strategic funding to propel its innovative Mark I full-body scanner towards market launch. This investment round welcomes new investor TELUS Global Ventures alongside existing backers like Khosla Ventures, Andreessen Horowitz, Founders Fund, and Kaiser Foundation Hospitals.
- Founded in 2015 by Jeff Kaditz, Dr. Michael Snyder, and Dr. Garry Choy, Q Bio is dedicated to revolutionizing medical
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Thoughtful AI Secures $20M, Launches Human-Capable RCM AI Agents
What You Should Know:
- Thoughtful AI, a provider of AI-powered revenue cycle automation (RCM), has announced a series of exciting developments, including the launch of the world's first fully human-capable AI Agents for healthcare RCM, exceptional growth metrics, and $20 million in Series A funding.
- Thoughtful AI's groundbreaking AI Agents, CAM, EVA, and PHIL, are tackling the burden of repetitive RCM tasks like claims processing, patient eligibility verification, and payment
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Inaccurate Provider Directories: A Major Headache for Patients and Policymakers, HiLabs’ AI Study Reveals
What You Should Know:
- Incorrect data in health plan physician directories is a pervasive problem, according to new research conducted by researchers at University of Colorado and HiLabs.
- The study, published in BMC Health Services Research, leverages HiLabs AI algorithms to compare data for >40% of US physicians across five large health plan directories.
Key Findings:
Limited variation in data quality between insurers suggests the issue goes beyond individual
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Thyme Care Secures $95M to Expand Value-Based Cancer Care Platform
What You Should Know:
- Thyme Care, a leading value-based cancer care enabler raises $95M in funding capital led by Concord Health Partners, with participation from existing investors including CVS Health® Ventures, Town Hall Ventures, a16z Bio + Health, AlleyCorp, Echo Health Ventures, Foresite Capital, and new investor SignalFire. The funding brings Thyme Care's total funding to $178M.
- Thyme Care is a value-based cancer care enabler focused on improving patient outcomes and
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Freshpaint Raises $30.7M to Expand Healthcare Privacy Platform
What You Should Know:
- Freshpaint, a San Francisco-based Healthcare Privacy Platform raises $30.7M in Series B funding led by Threshold, with participation from SignalFire, Intel Capital, Y Combinator, Zero Prime, and additional investors. This brings Freshpaint’s total funding to $41.8M.
- Freshpaint is transforming how healthcare organizations approach marketing by enabling them to leverage the full potential of digital advertising tools while strictly adhering to privacy
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Olympics 2024 Anti-Doping: Why Innovation in Testing Is Key
As we approach the 2024 Summer Olympics, ensuring a clean game is a major priority for the International Olympic Committee. More than 1,000 people will be involved in various anti-doping testing stages, including chaperones, sample collection personnel, and dedicated anti-doping control spaces at each competition venue. The goal is to maintain fair competition so we can all trust that those Olympians who earn their podium moment did so without any artificial enhancement. Unfortunately, the
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