What You Need to Know: - Oxford VR launches social engagement - a first-in-class digital therapeutic using virtual reality technology to tackle anxious social avoidance. - Anxious social avoidance is one of the most debilitating aspects of multiple mental conditions. Social engagement enables individuals to overcome trigger situations to feel safer, more confident and more in control. Oxford VR (OVR),
a global pioneer developing automated VR therapy announces the launch of
Read More
UK-Based Startup Oxford VR Nabs $12.5M to Expand Automated VR Therapy Platform
- Automated virtual reality therapy Oxford VR secures a record $12.5M investment to advance its real-world impact in behavioral health, and accelerate clinical leadership in the U.S. - The investment will enable the next-level growth of pioneering immersive therapy for depression, anxiety, and other behavioral health conditions. VR therapy pioneer Oxford VR announced today a landmark $12.5 million Series A funding round led by Optum Ventures and supported by Luminous Ventures. The round
Read More
Hg Takes Majority Holding in Intelerad: 3 Major Implications to Know
- On 23rd Jan 2020, Hg Capital announced it had agreed to acquire a majority stake in imaging IT software vendor Intelerad Medical Systems from previous majority stake owners Novacap. - The founders, management and employee shareholders at Intelerad will be reinvested, with Novacap remaining as a minority shareholder. - The company has undergone significant growth in the last four years, announcing a USD75m R&D program in 2019 and acquiring imaging IT workflow specialist Clario Medical
Read More
FDA Clears AI-Powered EchoGo Core for Early Detection of Cardiovascular Disease
- Ultromics has just become one of the first companies to have 510(k) FDA clearance for an AI medical device. - EchoGo will now be available for clinicians in the UK and US to use to help them identify cardiovascular disease earlier. - EchoGo automates cardiac measurements and is the first AI application to measure cardiac strain, improving patient care and outcomes.Ultromics, the UK-based health technology firm at the forefront of applying artificial intelligence to echocardiography has
Read More
Artificial Intelligence’s Need for Health Data – Finding An Ethical Balance
With doctors’ time in short supply, one area in which AI-driven tools could help transform healthcare is by increasing diagnostic accuracy. AI-driven diagnostic tools, especially in areas like cardiology, have the potential to save the healthcare system money and most importantly save lives. They are developed using incomprehensibly large datasets and can, therefore, discover patterns that are invisible to the human eye. For example, echo-based tools combined with deep clinical insight,
Read More
GE Healthcare Launches Enterprise Central Data Warehouse for Clinicians
Key highlights- GE Healthcare is introducing Edison Datalogue, a new enterprise data management solution designed to connect disparate data sources and types into a single, secure and scalable data pool for clinicians to collect, share and store patient data across the care delivery network. - Edison Datalogue is being deployed by hospital systems including the National Consortium of Intelligent Medical Imaging (NCIMI) and it is the only tool that combines a neutral archive (VNA), analytics and
Read More
UK Children’s Hospital Becomes MEDITECH’s First NHS Customer
- Alder Hey Children’s Hospital signs with MEDITECH to harness next-generation Expanse electronic patient record (EPR) platform to advance its Digital Future Strategy. - Alder Hey is the first MEDITECH NHS customer in the UK to leverage the web-based Expanse technology for enhanced patient care and productivity.Alder Hey Children’s Hospital in Europe has signed an agreement with MEDITECH to implement their web-based MEDITECH Expanse electronic patient record (EPR) for enhanced patient care and
Read More
Research: Microneedle Biosensors Accurately Detect Patient’s Antibiotic Levels in Real-Time
- Researchers find microneedle biosensors can be used to monitor the changing concentration of antibiotics in a patient’s system. - Findings published in The Lancet Digital Health, show the sensors enable real-time monitoring of changes in antibiotic concentration in the body, with similar results to those obtained from blood tests. Small, non-invasive patches worn on the skin can accurately detect the levels of medication in a patient's system, matching the accuracy of current
Read More
UK Startup Flow Launches Chatbot Therapist to Combat Depression
- UK startup launches Flow, a chatbot therapist engages users with daily chat conversations and offers self-help techniques, mood tracking, curated videos, meditation, and mental exercises. - Available to download free on iOS, the chatbot therapist is based on the latest psychology and neuroscience research and was developed by clinical psychologists and machine learning experts. - To maximize the chance of recovery, Flow can be used in conjunction with the Flow brain stimulation
Read More
Global Chatbots in Healthcare Market to Reach $498M by 2029
- Global chatbots in healthcare market to reach $498M at a compound annual growth rate (CAGR) of 26.29% between 2019 and 2029. - Factors driving the growth of the chatbots in healthcare market is the rising market penetration of smart devices and improved internet connectivity, need for cost optimization and customer experience enhancement.- These AI-enabled tools can significantly help healthcare providers prevent losses from missed appointments, thereby saving $200 per missed
Read More
