What You Should Know:
- RadNet, Inc., a national leader in providing high-quality, cost-effective diagnostic imaging services and digital health solutions, and iCAD, Inc., a global leader in AI-powered breast health solutions, announced that they have entered into a definitive merger agreement.
- Under the agreement, RadNet will acquire iCAD for $103M in an all-stock transaction.
Financial Details
Based on RadNet’s closing price on Monday, April 14, 2025, the transaction
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
World’s First AI Lung Sound Suite: TytoCare Gets FDA Clearance for Rhonchi
What You Should Know:
- TytoCare, a pioneering virtual care company dedicated to delivering accessible, high-quality primary care from the comfort of home announced the company has become the first in the world to receive FDA clearance for its AI-based detection of all three major abnormal lung sounds.
- The milestone was reached with the FDA clearance of Tyto Insights™ for Rhonchi Detection, completing TytoCare’s comprehensive AI-powered lung sound suite. With this latest
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The AI Hype Cycle in MedTech: Navigating the Trough of Disillusionment
The emerging technologies hype cycle had multiple AI applications at the peak of inflated expectations in 2023 and were just beginning the ride down to the Trough of Disillusionment in 20241 2. For years, it’s been said that “the use of data and algorithms is going to transform healthcare.” While true to a degree, we see that MedTech companies that invest in trends like artificial neural networks, analytics, big data analytics, and now AI, often struggle to yield a significant return on
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Sware & Salesforce Partner to Bring AI-Driven Technology to the Life Sciences Cloud
What You Should Know:
- Sware, the leading provider of comprehensive GxP validation solutions for innovative life sciences and technology companies, today announced that it will deliver GxP computer systems validation of Salesforce Life Sciences Cloud.
- Life Sciences Cloud empowers pharmaceutical and medical technology organizations to accelerate drug and device development, recruit and retain patients across clinical trials, and leverage AI to deliver personalized customer
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PGxAI Launches Deneb: AI Model Revolutionizing Drug Development with Pharmacogenetics
What You Should Know:
- PGxAI, a pioneering leader in the field of AI-driven pharmacogenetics, today announced the launch of Deneb, its latest cutting-edge model poised to transform the landscape of drug development.
- Deneb is specifically designed to streamline this complex process by seamlessly integrating molecular structures, physicochemical properties, and comprehensive genetic profiles.
Drug Development for Biopharma
Tailored to meet the critical needs of
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Thoughtful.ai Secures Strategic Investment to Advance AI-Powered Revenue Cycle Automation
What You Should Know:
- Thoughtful.ai, a company specializing in artificial intelligence (AI)-powered revenue cycle automation has received a strategic investment from New Mountain Capital, a growth-oriented investment firm with over $55B in assets under management.
The investment aims to support Thoughtful.ai’s continued growth and accelerate the adoption of automation and AI solutions to address the complex challenges faced by healthcare
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Healthcare IT Leaders Prioritize ROI and Workforce Support Amidst AI Growth, Stoltenberg Consulting Survey Finds
What You Should Know:
- Healthcare leaders are grappling with resource strain while focusing on maximizing returns on their IT investments, according to Stoltenberg Consulting’s 12 annual Health IT Industry Outlook Report.
- Stoltenberg Consulting's survey included healthcare CIOs, all members of the College of Healthcare Information Management Executives (CHIME), representing a diverse range of U.S. hospital facilities. These included multi-hospital health systems, community hospitals,
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Sharp HealthCare to Deploy Abridge GenAI Platform to Enhance Clinical Documentation
What You Should Know:
- Sharp HealthCare, the largest integrated health system in San Diego, is set to implement the Abridge generative AI platform across its enterprise.
- The implementation will streamline the creation of medical documentation, ensuring it is comprehensive, compliant, and billable, thereby enabling clinicians to dedicate their full attention to patient care. Abridge's technology will be deployed throughout Sharp HealthCare locations, which collectively serve over one
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Innovaccer Report: AI Trends in Healthcare in 2025 and Beyond
What You Should Know:
- Innovaccer Inc., a healthcare AI company, has released its latest research report, "AI Trends in Healthcare: 2025 and Beyond," which explores the growing role of AI in transforming the healthcare industry.
- The report is based on a survey of 105 professionals from 73 U.S. healthcare organizations and includes insights from industry leaders on how AI is impacting clinical workflows, patient care, and operational efficiency. The analysis offers a detailed
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illumicell AI Raises $2M to Transform Semen Diagnostics with Real-Time AI
What You Should Know:
- Techmed startup illumicell AI, founded by a team of Harvard-trained physician Michel Bielecki, former McKinsey consultant Jeyla Sadikova, and rocket engineer Loup Cordey, has secured $2M in pre-seed funding. The funding round was supported by a combination of healthcare operators, clinicians, and early-stage funds, including life science investors KOFA Healthcare, Harvard Phoenix Venture Fund, and MedTechSyndicates
- The company aims to transform fluid-based
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