What You Should Know:
- PhotoPharmics, a leader in specialized light therapy for neurodegenerative diseases, today announced the close of its oversubscribed $6 million Series B extension.
- The round was led by Kickstart Fund with participation from current and new investors, reflecting strong confidence in the company’s clinical promise and the commercial potential of its Parkinson’s therapy.
PhotoPharmics Advances Light-Based Therapy for Parkinson’s with Phase 3 Trial and New
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Digital Health | News, Analysis, Insights - HIT Consultant
IBX Medicare Advantage Members Gain Access to Virtual Brain Health and Dementia Support
What You Should Know:
- Independence Blue Cross (IBX) knows that the brain is at the center of everything a person does, and that keeping it healthy is essential to their well-being. Keeping this and the cognitive well-being of its members at the forefront, IBX has teamed up with Isaac Health, a virtual-first clinic that provides brain health and dementia care.
- Through this new relationship, a subset of IBX Medicare Advantage members who have a diagnosis of dementia or who are at risk
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Leidos to Invest $10M in University of Pittsburgh for AI Disease Detection
What You Should Know:
- Leidos is committing $10M to a five-year collaboration with the University of Pittsburgh's Computational Pathology and AI Center of Excellence (CPACE) to accelerate the development and use of artificial intelligence (AI) in detecting and managing diseases.
- The partnership aims to create AI-powered tools for quicker disease detection, including heart disease and cancer, reduce diagnostic turnaround times, and enable earlier, more effective care
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hellocare.ai Raises $47M for AI-Assisted Virtual Care Delivery
What You Should Know:
- hellocare.ai, the leading AI-assisted virtual care delivery platform transforming hospital care models and operations, today announced it has raised $47 million in an oversubscribed funding growth round.
- The round was led by HealthQuest Capital, with participation from a strategic coalition of forward-thinking health systems and digital health investors, including Bon Secours Mercy
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Wasteful Spending on Remote Monitoring? New Report Urges Policy Overhaul
What You Should Know:
- A newly released report from the Peterson Center on Healthcare offers critical guidance for policymakers navigating the rapidly expanding landscape of remote monitoring technologies.
- Synthesizing findings from three in-depth evaluations of digital health tools by the Peterson Health Technology Institute (PHTI) and analyzing trends in Medicare and Medicaid billing, the report sounds a timely alarm. It underscores the urgent need for a policy
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Youlify Raises $4.3M to Optimize Medical Billing with Generative AI
What You Should Know:
- Youlify, a physician-founded AI company rebuilding the financial backbone of healthcare, today announced $4.3 million in seed funding to help hospitals and doctors get paid faster and more accurately.
- The platform replaces traditional billers with AI and provides an end-to-end revenue cycle management platform that completely automates coding, claims, and denial recovery. The round was led by Brett Queener at Bonfire Ventures, with participation from Top Harvest
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Trellis Health Launches with $1.8M for Personalized Women’s Health
What You Should Know:
- Trellis Health, a digital health platform designed to empower women with personalized, proactive care, today emerged from stealth.
- The company is launching with $1.8M in pre-seed funding from Palette Ventures, Swizzle Ventures, NEXTBLUE, Suncoast Ventures, and Sundial Foundation, along with high-profile healthcare individuals, including Care.com founder Sheila Marcelo, the co-founders of Flo Health, Yuri Gurski and Andrei Kouzel, Mike
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McKesson Launches Precision Care Companion for Biomarker-Driven Cancer Care
What You Should Know:
- McKesson has unveiled the Precision Care Companion (PCC), a transformative initiative designed to tackle the multifaceted challenges that healthcare practices face in the rapidly evolving landscape of genomic testing and targeted therapies.
- The Precision Care Companion is structured as a consortium of leading industry experts, spearheaded by McKesson. This collaborative model is intentionally designed to foster a dynamic environment that unites a diverse
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Caregentic Appoints Russ Johannesson as CEO to Lead Expansion
What You Should Know:
- Caregentic, an AI-native patient automation platform focused on streamlining clinician workflows, has announced the appointment of Russ Johannesson as its new Chief Executive Officer (CEO).
- Johannesson is a seasoned healthcare executive with over three decades of experience in scaling high-growth health tech companies. His expertise spans AI, digital health, and commercial operations, making him well-suited to lead Caregentic's national and international
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Researchers Develop AI Model to Detect Malaria Using NVIDIA
What You Should Know:
- A team of researchers at the intersection of medicine and technology has harnessed the power of artificial intelligence (AI) and NVIDIA GPUs to develop a new AI solution.
- Their recent publication in the prestigious journal Nature details the creation of a sophisticated convolutional neural network (CNN) specifically designed for the automated detection of malaria parasites in blood samples.
Venezuela's Malaria Resurgence
While the glint of gold has
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