Whilst growth in the overall digital pathology AI market is set to scale quickly, cannibalization and consolidation are expected to create headwinds for individual AI vendors. How do investors know where their money is safest?
The recent abundance of digital pathology (DP) media coverage can make it hard to remember that not too long ago, this was a market perpetually ‘lagging’ versus other digital healthcare sectors. And whilst growth has now firmly shifted to its ‘log’ phase, there are
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AWS Launches Generative AI Solution That Auto Generates Clinical Notes
What You Should Know:
Amazon Web Services, Inc. (AWS) launches AWS HealthScribe, a new HIPAA-eligible service that empowers healthcare software providers to build clinical applications that use speech recognition and generative AI to save clinicians time by generating clinical documentation. With AWS HealthScribe, healthcare software providers can use a single API to automatically create robust transcripts, extract key details (e.g., medical terms and medications), and create
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M&A: Practice Better Acquires Nutrition Planning Platform That Clean Life
What You Should Know:
Practice Better, a leading, all-in-one practice management software platform for health and wellness professionals, announced today that it has acquired That Clean Life, a Toronto-based nutrition planning software for health and wellness professionals.The acquisition will allow Practice Better customers to seamlessly integrate nutrition planning and healthy eating into the workflows of customers and care plans for clients. This move bolsters Practice Better’s practice
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How the VA Uses Synthetic Data to Predict Veterans’ Suicide Risk
Suicide is a major public health crisis in America, resulting in one death every 11 minutes, on average.
In 2020, suicide was among the top 9 leading causes of death for people between 10 and 64 years of age. Each year, suicide and nonfatal self-harm cost the nation nearly $490 billion in medical costs, work-loss costs, the value of statistical life, and quality-of-life costs, according to statistics cited by the U.S. Centers for Disease Control and Prevention.
For America’s
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M&A: Axxess Acquires Home Health EHR Complia Health
What You Should Know:
- Home healthcare technology provider Axxess announced it has acquired Complia Health, a provider of EMR solutions, technology and services for home care, home health and hospice agencies.
- The acquisition will help both organizations combine resources to help clients accelerate outcomes and provide world-class care team and consumer experiences.Financial details of the acquisition were not disclosed. In addition, the acquisition adds more clients,
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Aevice Health Secures FDA Clearance for Smart Stethoscope Wearable for Respiratory Monitoring
What You Should Know:
- Aevice Health, a Singapore-based provider of remote respiratory monitoring solutions today announced that its AI-powered, smart stethoscope wearable, the AeviceMD, has received clearance from the U.S. Food and Drug Administration (FDA) as a Class II medical device under the 510(k) route.
- This clearance empowers the company to market and provide their novel remote monitoring platform to health systems across the country, expanding access to a
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Lifebit Partners with Latin American Innovators to Assist Genomic Diversity
What You Should Know:
London-based precision medicine software provider Lifebit has agreed partnerships with two innovative population genomic initiatives in Mexico and Brazil to help diversify genomic research and reduce health inequality in Latin America.The use of Lifebit’s federated technology will allow researchers around the world to connect with and securely access the valuable and sensitive genomic data held by gen-t (headquartered in Sao Paolo) and Omica.bio (based in
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Ensuring Healthcare AI/ML Models Aren’t “Failed Science Fair Projects”
Artificial Intelligence has become a board-level priority, dominating healthcare technology conversations. However, despite widespread interest in the technology, the healthcare industry is still lagging when it comes to deploying and maintaining successful AI and machine learning (ML) models.
According to a survey by the Society of Actuaries, 93% of healthcare organizations (HCOs) believe leveraging predictive analytics is key to the future of their business, but a staggering
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FemTech: 5 Tips to Protect Reproductive Health Information
As we observe a year since the Dobbs decision, people seeking reproductive health care in the U.S. face new threats to their privacy and access to their personal health. One of the biggest concerns for reproductive health is data privacy: how data collected from patients could be used to penalize anyone considering or seeking an abortion, along with tracking health care providers who provide care.
With the widespread adoption of electronic health records (EHRs), a digital version of a
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Verily & L’Oreal Launches Diverse Skin and Hair Health Registry
What You Should Know:
Today, Verily and L’Oreal announced the launch of a multi-year study, My Skin & Hair Journey, to advance precision skin and hair health. This is part of the two companies' multi-year partnership and research collaboration. The My Skin & Hair Journey registry will enroll thousands of self-identifying U.S. women to develop an unprecedented body of knowledge about perceptions and experiences of skin and hair health, including the role of lifestyle,
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