What You Should Know: - Samsung Medison and Intel are collaborating on NerveTrack™, a real-time nerve tracking ultrasound feature that helps anesthesiologists identify nerves in a patient’s arm to help administer anesthesia quickly and accurately. Leveraging the Intel Distribution of OpenVINO toolkit for computer vision and annotation, Samsung Medison’s NerveTrack™ can reduce scanning time by up to 30 percent in an extremely
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SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman
What You Should Know: - Compute Health Acquisition, a SPAC company targeting the intersection of computation and healthcare announced the pricing of its $750M initial public offering (IPO) by offering 75 million units at $10. Compute Health Acquisition Corp. (the “Company”), a SPAC “blank check” company announced today that it priced its initial public offering of 75,000,000 units at $10.00 per unit. The units will be listed on The New York Stock Exchange (“NYSE”) and trade under the
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Death by Ransomware: Poor Healthcare Cybersecurity
If hackers attack your organization and you’re in an industry such as financial services, engineering, or manufacturing your risks are mostly monetary. But when it comes to healthcare cybersecurity, not only is there significant financial jeopardy, people’s health and wellbeing are also at risk so the stakes are much, much higher. According to the Department of Health and Human Services, there has been an almost 50 percent increase in healthcare cybersecurity data breaches between February
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UCSF, Fortanix, Intel, Microsoft Team Up to Accelerate Development of Clinical AI Algorithms by 1000X
What You Should Know: - UCSF, in partnership with Fortanix, Intel, and Microsoft, will announce BeeKeeperAI, a Privacy-Preserving Analytics Platform that will accelerate the development of clinical AI algorithms by 1000X (from 30 months to 1 day). - This will help get life-saving clinical applications to
all patients faster, such as predicting the need for blood transfusions or
detecting tumors on X-rays, while maintaining patient privacy using
Confidential Computing technology. UC
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Intel, Samsung Collaborate on AI-Powered Fetal Ultrasound Smart Workflow
What You Should Know: - Samsung Medison and Intel collaborate on AI-powered new
smart workflow solutions to improve obstetric measurements that contribute to
maternal and fetal safety. - BiometryAssist automates and standardizes fetal
measurements in approximately 85 milliseconds with a single click, providing
over 97% accuracy. - BiometryAssist and LaborAssist are already in use in 80
countries, including the United States, Korea, Italy, France, Brazil and
Russia. The solutions
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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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Intel, UPenn Form AI Initiative to Identify Brain Tumors via Secure Data
What You Should Know: - To coincide with brain tumor awareness month in May, today Intel and the Perelman School of Medicine at the University of Pennsylvania (UPenn) announced an NIH-funded program that uses AI to identify brain tumors while protecting patient data. - Funded by the National Institutes of Health, UPenn and these health care institutions will use Intel’s federated learning technology to produce a new AI model that is trained on the largest brain tumor dataset to
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Intel Launches $50M Pandemic Response Technology Initiative to Combat Coronavirus
What You Should Know: - Intel pledges an additional $50 million in a pandemic response technology initiative to combat the coronavirus through accelerating access to technology at the point of patient care. - Intel is committed to accelerating access to technology that can combat the current COVID-19 pandemic and enable new technology and the scientific discovery that better prepares society for future crises. Intel is pledging an additional $50 million in a pandemic response
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CTA Launches First-Ever ANSI-accredited Standard for AI in Healthcare
- The Consumer Technology Association (CTA) announces the first-ever ANSI-accredited standard for the use of artificial intelligence in healthcare, developed by more than 50 organizations from tech giants to healthcare leaders. - CTA convened 52 organizations – including IBM, Philips, BlackBerry, Doctor on Demand, Humetrix, American Medical Association, and AdvaMed – to develop this standard that provides a foundation to better
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OSF Ventures Joins $35M Funding Round for Handheld, Exo Ultrasound Device
OSF Ventures, the investment arm of OSF HealthCare has joined a $35M Series B funding round to support medical device startup Exo Imaging that’s developing a breakthrough handheld, AI ultrasound device that will allow healthcare providers to make critical, real-time diagnostic decisions.Performance Ultrasound PlatformFounded in 2015, Exo (pronounced “Echo”) is bringing diagnostic-grade medical imaging to the pocket of every caregiver and clinician worldwide. The company is developing an
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