What You Should Know: - Caption Health AI is awarded FDA 510(k) clearance for its innovative point-of-care ejection fraction evaluation. - Latest AI ultrasound tool makes it even easier to automatically assess ejection fraction, a key indicator of cardiac function, at the bedside--including on the front lines of the COVID-19 pandemic. Caption Health, a Brisbane, CA-based leader in medical AI technology, today announced it has received FDA 510(k) clearance for an updated version of
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FDA| Healthcare FDA Regulation | Policy, News, Analysis, Insights - HIT Consultant
Call to Action: Restrictions Around Virtual Health Can’t Go Back to “Normal”
As a result of the COVID-19 pandemic, the federal government has passed several stimulus packages with the goal of helping employers keep their business in operation while office volume is down and, in some cases, practices are physically closed. The CARES Act, which included the Paycheck Protection Program (PPP) and Provider Relief Fund, for example, has provided some relief to eligible healthcare providers, including low-interest rate loans to help providers pay staff salaries, rent, and other
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Eko Awarded $2.7M NIH Grant for Heart Murmur & Valvular Heart Disease Detection Algorithms
What You Should Know: - The National Institutes of Health (NIH) has granted next-generation cardiac AI company Eko an award totaling $2.7 million to support continued collaborative work with Northwestern Medicine Bluhm Cardiovascular Institute - The grant will focus on validating algorithms and help more accurately screen for heart murmurs and valvular heart disease during routine office visits with Northwestern Medicine. - By incorporating data from tens of thousands of
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Activ Surgical Raises $15M Advance Autonomous and Collaborative Surgery
What You Should Know: - Digital surgery pioneer Activ Surgical raises $15M in funding led by ARTIS Ventures to accelerate U.S. commercialization and European expansion efforts for its ActiveEdge platform, which enables existing surgical systems, from scopes to robots, to visualize, characterize and track tissue, in real-time beyond today’s human capability. - ActivSight, is an easy-to-adapt, connected imaging module that seamlessly attaches to today’s laparoscopic and arthroscopic
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Caption Health Nabs $53M to Commercialize FDA-Cleared AI-Guided Ultrasound Technology
What You Should Know: - Caption Health raises $53 million series B round to fuel commercialization and expansion of its FDA-approved AI ultrasound technology. This is on the heels of its receiving FDA clearance, designated as a breakthrough technology to fight against COVID-19. - As ultrasounds, especially cardiac ultrasounds, have become increasingly important during a time of COVID when resources are stretched, using AI to help more healthcare professionals take high-quality images is
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Scripps Research, Repurpose.AI Partner to Develop COVID-19 Therapeutics
What You Should Know: - Repurpose.AI, has partnered with Scripps Research to discover drug candidates that may be repurposed to treat COVID-19. - The partnership will leverage Repurpose.AI's ActivPred AI Drug Discovery Platform, an unbiased drug, target, and disease agnostic digital chemistry engine, to discover drug candidates to treat COVID-19. Scripps Research is teaming up with Repurpose.AI, an AI drug discovery company to develop COVID-19 therapeutics. The
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Philips and BioIntelliSense Integrate to Enhance Remote Patient Monitoring
What You Should Know: - Philips integrates the BioIntelliSense FDA-cleared BioSticker™ sensor as part of its remote patient monitoring solutions for patients outside the hospital. - Multi-parameter sensors aid monitoring across multiple chronic conditions with medical-grade vital signs for physicians to remotely track core symptoms, including COVID-19. - Healthcare Highways is the first to leverage the BioSticker sensor as a part of Philips’ RPM program in the U.S. Philips,
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18 Healthcare Augmented Reality and Virtual Reality Companies to Watch
Augmented reality (AR) and virtual reality (VR) are redefining what's possible in healthcare, as well as other sectors. The 18 companies listed below are some of the top virtual and augmented reality companies in the medical industry. Defining Augmented Reality Augmented reality is a technology that blends real-world elements with virtual ones. For example, a person might visit a trade show and aim their smartphone at a display to activate an AR experience that allows them to see
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Social Distancing for Medical Devices: 5 Steps to Clinical Network Segmentation to Thwart Cyber-Attacks
Since the beginning of 2020, cyber-attacks have spiked by 300%. As members of the world's most targeted industry, healthcare organizations like hospitals, clinics, pharmacies, and distributors of medical equipment are more at risk now than ever. Even if an attack isn't directly targeted at connected medical (or, Internet of Medical Things: IoMT) devices, it can spread through a hospital’s internal network and infect equipment used to diagnose and treat patients such as IV pumps, patient
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FDA Clears ICU Device That Predicts Respiratory Failure to Support COVID-19
What You Should Know: - CLEW is awarded FDA Emergency Use Authorization (EUA) for its predictive analytics platform in support of COVID-19 patients. - CLEW is the only device authorized by the FDA to provide early identification of patients who are likely to experience respiratory failure of hemodynamic instability—both significant complications associated with COVID-19. - CLEW is already implemented in coronavirus units in two Israeli hospitals, and being tested by several US
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