What You Should Know:
- Fogarty Innovation, a nonprofit educational incubator for medical technology companies, announced today that its graduate, Raydiant Oximetry, Inc., has raised an oversubscribed round of $5M Series A2 financing led by Avestria Ventures, which invests in early-stage women’s health companies, and syndicated by KOFA Healthcare, V-Capital, Band of Angels, FemHealth Ventures, RHIA Ventures, SteelSky Ventures and Tri-Valley Ventures.
- Raydiant Oximetry is a
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Digital Health | News, Analysis, Insights - HIT Consultant
Mount Sinai Uses Machine Learning to Improve Postpartum Hemorrhage Risk Prediction
What You Should Know:
- Sema4, an AI-driven genomic and clinical data intelligence platform company, recently published two studies demonstrating the utility of machine learning to predict clinical outcomes for postpartum hemorrhage (PPH). The studies, which will appear in a special “Informatics for Sex- and Gender-Related Health” print issue of the Journal of the American Medical Informatics Association (JAMIA), were conducted in collaboration with clinicians from
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Collective Medical, Nuance Launches PowerShare to Provide ED Physicians Real-Time Notifications
What You Should Know:
- Today, Collective Medical, a PointClickCare Company, was chosen for a collaboration with Nuance with the launch of Naunce PowerShare Image Aware.
- The collaboration will provide emergency department (ED) physicians with real-time notifications of a patient's prior radiology studies within existing clinical workflows. Point-of-care access to previous diagnostic images reduces unnecessary imaging, healthcare costs, and ED waiting times while
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Femtech Company illumigyn Raises $33M for Remote Gynecological Platform
What You Should Know:
- Femtech company illumigyn, the world’s first remote gynecological imaging platform, today announced that it has raised $33M from Yozma Group Korea and Ubicom Holdings Japan.
- . The first FDA-cleared remote gynecological platform, the Gynescope™, digitally documents the cervix, vagina, and external genitalia. High-quality resolution and superior magnification enhance details beyond the capabilities of traditional cervix exams, enabling more accurate pap
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Wellinks Secures $25M to Expand Virtual COPD Management Solution
What You Should Know:
Wellinks, a digital health company for virtual COPD, announced it has closed a $25M funding round, led by new investor Morningside Venture Investments and joined by returning investors HighCape Capital, Connecticut Innovations, Benslie Ltd., and Stonehenge Capital.
- COPD is the third leading cause of death by disease in the U.S. and the fifth most costly chronic condition, with an estimated $49.9 billion spent annually. Unfortunately, the current care system for COPD
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U of Florida to Deploy DreaMed AI Solution for Type 2 Diabetes
What You Should Know:
- DreaMed Diabetes AI, developer of the AI-powered Advisor Pro Clinical Decision Support System and expert-care platform for diabetes, announced today the expansion of its commercial relationship with the Pediatric Endocrinology Clinic at the University of Florida in Gainesville.
- The clinic will begin using the Advisor Pro Decision-Support System for people with Type 2 and Type 1 diabetes, enhancing its offering to healthcare practitioners and patients.
- Advisor
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Personalized Screening is Key to Breast Imaging AI Market Reaching $205M by 2025
As October draws to a close, so does Breast Cancer Awareness Month (BCAM), or National Breast Cancer Awareness Month (NBCAM) as it is known in the US. Breast imaging AI vendors are heavily promoting this initiative to raise awareness of the disease and highlight the importance of women attending breast cancer screening appointments. Breast cancer screening programs are an important public health intervention, and initiatives like the BCAM may prompt eligible women to attend their screening
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Blue Shield of CA Adds Headspace App to Wellvolution Program to Improve Mental Wellbeing
What You Should Know:
- Blue Shield of California announced that mindfulness and meditation app Headspace is now available to its members through the nonprofit health plan’s Wellvolution program.
- Headspace offers hundreds of tools and more than 1,000 exercises to reduce stress and improve one’s mental wellbeing. The app joins the extensive resources offered on Blue Shield’s Wellvolution, a digitally based lifestyle medicine and health platform provided in collaboration with Solera Health
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Livongo Exec Launches FemTec Health with $38M to Transform Healthcare Experience for Women
What You Should Know:
- Today, former Livongo executive Dr. Kimon Angelides announced the launch of FemTec Health, a women's health sciences and beauty company with $38M in funding focused on using technology and data to transform the total healthcare experience for women.
- Investors, capital and shareholders include Longmont Capital, Ithaca LifeSciences, Unilever Ventures, Estee Lauder, Shiseido, e.Ventures, Viking Global, and Trinity Capital with more than $38M raised to date.
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Hinge Health Reaches $6.2B Valuation with $600M for Digital Musculoskeletal Care Solution
What You Should Know:
- Hinge Health, a San Francisco, CA-based digital musculoskeletal (MSK) solution, today announced $400 million Series E financing led by Tiger Global and Coatue Management with Alkeon and Whale Rock acquiring ownership as part of a $200 million secondary investment. At a $6.2 billion-dollar valuation, Hinge Health is now one of the most valuable companies in digital health.
- Hinge Health reduces MSK pain, surgeries, and opioid use by pairing advanced wearable
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