What You Should Know:
- Proscia secures $23M in Series B
funding led by Scale Venture Partners for its AI-enabled digital pathology
solutions.
- Proscia will use the funding to expand its AI application portfolio, boost commercial expansion, and advance its regulatory strategy to secure FDA approval.
Proscia, a Philadelphia-based provider of digital and
computational pathology solutions, today announced it has secured $23M in
Series B funding led by Scale
Venture
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
Zebra Medical Vision to Co-Develop AI-Based Models for Osteoporosis Early Detection & Prevention
What You Should Know:
- Zebra Medical Vision, the deep-learning medical imaging analytics company, and Scottish digital transformation consultancy Storm ID were chosen to co-develop new AI-based osteoporosis prevention solutions under EUREKA intergovernmental network.
- The UK-Israel research and development grant will be
co-developed with clinical teams from NHS Greater Glasgow and Clyde and Assuta
Medical Centers in Israel.
Scottish digital transformation
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GE Healthcare Unveils First X-Ray AI Algorithm to Assess ETT Placement for COVID-19 Patients
What You Should Know:
- GE Healthcare announced a new artificial intelligence
(AI) algorithm to help clinicians assess Endotracheal Tube (ETT) placements, a
necessary and important step when ventilating critically ill COVID-19 patients.
- The AI solution is one of five included in GE Healthcare’s Critical Care Suite 2.0, an industry-first collection of AI algorithms embedded on a mobile x-ray device for automated measurements, case prioritization, and quality control.
GE Healthcare
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SPAC Merges with 2 Telehealth Companies to Form Public Digital Health Company in $1.35B Deal
What You Should Know:
- GigCapital2 Inc has agreed to merge with UpHealth Holdings Inc and Cloudbreak Health LLC to create a public digital healthcare company valued at $1.35 billion, including debt, the blankcheck acquisition company said on Monday.
- The combined company will be named UpHealth, Inc. and
will continue to be listed on the NYSE under the new ticker symbol “UPH”.
Blank check acquisition
company GigCapital2 agreed to merge
with Cloudbreak Health, LLC, a unified
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AliveCor Receives FDA Clearance of Next-Gen EKG Algorithms
What You Should Know:
- AliveCor announced they received FDA clearance of new
algorithms for use with their personal EKG devices, KardiaMobile and
KardiaMobile 6L. These additional determinations will be available via a
software upgrade for the Kardia devices in 2021.
- The additional FDA-cleared algorithms double the number
of heart rhythm disturbances that AliveCor’s Kardia devices can detect,
broadening the number of patients who are able to use their remote
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Hospital Sustainability Demands that Revenue Integrity Move Front and Center
Razor-thin operational margins coupled with substantial and ongoing losses related to COVID-19 are culminating in a perfect storm of bottom-line issues for U.S. hospitals and health systems. A study commissioned by the American Hospital Association (AHA) found that the median hospital margin overall was just 3.5% pre-pandemic, and projected margins will stay in the red for at least half of the nation’s hospitals for the remainder of 2020.
The reality is that an increase in
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Gates Foundation Awards Caption Health $4.95M Grant to Develop AI-Guided Lung Ultrasound System
What You Should Know:
- Bill & Melinda Gates Foundation awards Caption
Health a $4.5M grant to support the development of an AI-guided lung ultrasound
system.
- The grant from the Bill & Melinda Gates Foundation
will be leveraged to create new AI technology that allows medical professionals
without prior ultrasound experience to perform lung ultrasounds, expanding
access to quality medical care.
Caption Health, a leading medical
artificial intelligence (AI) company, today
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Providence Taps Nuance to Develop AI-Powered Integrated Clinical Intelligence
What You Should Know:
- Nuance Communications, Inc. and one of the country’s
largest health systems, Providence, announced a strategic collaboration,
supported by Microsoft, dedicated to creating better patient experiences and ease
clinician burden.
- The collaboration centers around Providence harnessing
Nuance’s AI-powered solutions to securely and automatically capture
patient-clinician conversations.
- As part of the expanded partnership, Nuance and
Providence will jointly
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Buoy Health Raises $37.5M to Expand AI-Powered Healthcare Navigation Platform
What You Should Know:
- Buoy Health raises $37.5 million in Series C funding to
expand it’s AI-powered healthcare navigation platform, bringing its total raised
to date at $66.5M.
- Buoy will use the proceeds to further build out its IP with respect to artificial intelligence and other technologies, as well as grow the Buoy team.
Buoy Health, a
Boston, MA-based AI-powered
healthcare navigation platform, today announced the completion of a $37.5
million Series C funding round. Cigna
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M&A: Centene to Acquire AI Healthcare Analytics Platform Apixio
What You Should Know:
- Centene Corporation acquires AI healthcare analytics platform
Apixio to additional data and AI capability to technology portfolio.
- Apixio will remain an operationally independent entity
as part of Centene's Health Care Enterprises group to continue bringing value
to its clients and the industry.
Centene Corporation, today announced it has signed a definitive agreement to acquire Apixio Inc., an AI healthcare analytics company offering Artificial
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