What You Should Know: - Augmedics, a provider of augmented reality (AR) surgical navigation, announced it has been named the successful bidder for the digital health assets of Surgalign and Holo Surgical following a competitive auction process. - Augmedics’s bid for the digital health assets consists of a cash purchase price of $900,000 and the assumption of certain liabilities, as set forth in the asset purchase agreement. The sale will close pending approval by the Bankruptcy
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Augmented Reality
Augmedics Raises $82.5M for Augmented Reality Spine Surgery Platform
What You Should Know: Augmedics, a Chicago-based provider of augmented reality (AR) surgical navigation raises $82.5M in Series D funding led by CPMG and adds Evidity Health Capital as a syndicate partner, with participation from current investors H.I.G. Capital, Revival Healthcare Capital, Almeda Ventures and others.The company’s revolutionary xvision Spine System® allows surgeons to see patients’ anatomy as if they have “x-ray vision” and accurately navigate instruments and
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Ocutrx Acquires Spectrum AMT to Advance Capabilities for Medical Devices
What You Should Know: Ocutrx Technologies, a global technology company developing medical devices with augmented reality (AR), extended reality (XR) and artificial intelligence (AI), acquires Spectrum Advanced Manufacturing Technologies, Inc., a Colorado-based electronics manufacturing and assembly company.With this acquisition, the consolidated Oxutrx_Spectrum company now has seven (7) process lines, including ISO Optics Lab capabilities,
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From Physician to Innovator: Surfacing the Inventor In All Of Us
As a physician, we have the unique privilege of having complete strangers share the most personal aspects of their lives and trust us to make their lives better. While we find successful ways to help a majority of our patients, frustration begins to set in when we encounter a handful of patients we cannot assist. Sometimes, the root cause is something as simple as lack of timely communication, but often, it’s the technology, or the solution, that’s not available. When the
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Israeli AirForce Leverages AR/VR Therapy to Evaluate Pilots for Potential Neck Injuries
What You Should Know: - AirForce has selected XRHealth, the augmented reality/virtual reality gateway to the healthcare metaverse to evaluate pilots for potential neck injuries. - The Air Medical Unit, one of the highest authorities dealing with airborne conditions, screens pilots before they enter the AirForce and regularly during their service, and has recently started to use the XRHealth AR/VR therapy medical device as a solution to evaluate and monitor neck
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Philips Expands ClarifEye AR Surgical Navigation in Japan
What You Should Know: - Royal Philips, a global leader in health technology, recently announced the expanded rollout of its augmented reality (AR) surgical navigation solution - ClarifEye - to Japan, highlighting positive results in the first patients treated by the International University of Health and Welfare, Mita Hospital using this innovative 3D AR solution. - Installed on a Philips interventional X-ray system in a hybrid operating room at Mita Hospital, ClarifEye helped the
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New Meta Quest Pro Enables Scientists to Step Inside Molecules Using Nanome
What You Should Know: - Meta released details of its Quest Pro headset today. In a departure from gaming-only content, the new headset comes with Nanome, a virtual and augmented reality app that allows users to step inside and interact with molecules - helping scientists make “eureka” discoveries, and revolutionize the way students learn biology and chemistry. Nanome is available for free on the new Meta Quest Pro headset, releasing on October 25. - Nanome helps scientists discover
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Virtual Reality Therapy May Serve as Effective Adjunct To Anesthesia For Surgical Procedures
What You Should Know: - The results of a clinical trial using software from XRHealth, developer and operator of virtual treatment rooms in the metaverse, published in PLOS ONE demonstrated that virtual reality therapy may serve as an effective adjunct to anesthesia for surgical procedures. The trials were conducted with XRHealth’s immersive virtual reality software. - The results of the trial showed that the majority of patients (13/17) using the XRHealth VR technology did not need
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Reimagining The Operating Room of The Future with Robotics
Make way for the age of software-defined healthcare. Amid a growing shortage of doctors and nurses, hospitals around the world are increasingly turning to AI to improve the quality of care in the face of an aging population. One major undertaking across the healthcare industry is to deliver AI-driven solutions that can improve surgical care - a tall order. According to the Journal of the American College of Surgeons, in the US alone, individuals can expect to undergo, on average, seven
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