What You Should Know:
- Rad AI, one of the fastest-growing healthcare AI companies and the first to develop a large language model in healthcare, today announced a $60M Series C. The oversubscribed round was led by Transformation Capital, with participation from existing Khosla Ventures, World Innovation Lab, UP2398, Kickstart Fund, OCV Partners, Cone Health and others.
- This raise comes seven months after their $50M Series B.
Rad AI: Advancing Radiology with Generative AI
Rad AI
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Radiology | Medical Imaging | News, Insights, Analysis - HIT Consultant
SimonMed Imaging Launches AI-Powered Personalized Breast Cancer Detection Program
What You Should Know:
- SimonMed Imaging, a provider of outpatient medical imaging services in the United States, today announced the nationwide launch of its AI-enabled Personalized Breast Cancer Detection (PBCD) program.
- The program offers women a more comprehensive and personalized approach to breast cancer screening, empowering them to make informed decisions about their health.
PBCD Program Costs
For a cost of $40, patients can add the PBCD program to their
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Core Sound Imaging Secures $80M for Medical Imaging Platform
What You Should Know:
- Core Sound Imaging, the company behind the innovative medical imaging platform Studycast, today announced a $80M growth investment from PSG, a growth equity firm.
- The funding will accelerate Studycast's mission to modernize medical imaging and improve patient care by expanding its reach within core specialties, entering new clinical areas, and enhancing AI capabilities.
Importance of Medical Imaging
Medical imaging plays a vital role in
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AI-Powered Imaging: Sutter Health and GE HealthCare Form Care Alliance
What You Should Know:
- Sutter Health and GE HealthCare announced a seven-year strategic partnership, called a Care Alliance, to enhance access to innovative imaging services and create a more seamless and coordinated experience for clinicians and patients across the Sutter Health system.
- The collaboration, one of GE HealthCare's largest enterprise strategic partnerships, will bring advanced imaging technology and digital solutions to communities throughout
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WindRose Invests in CIVIE, an AI-Powered Radiology Solutions Provider
What You Should Know:
- WindRose Health Investors, a New York-based healthcare private equity firm, announced a strategic investment in CIVIE, an AI-powered ecosystem of radiology solutions.
- The investment will fuel CIVIE's growth and development of its innovative technology platform, designed to optimize revenue, enhance productivity, and improve patient outcomes for radiology practices and hospital systems.
A Collaborative Partnership
WindRose partnered with the
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ONRAD Acquires Direct Radiology from Philips, Creating Largest Independent Teleradiology Provider in the US
What You Should Know:
- ONRAD Inc., a provider of teleradiology and comprehensive radiology solutions, announced the acquisition of Direct Radiology from Royal Philips. Financial terms of the acquisition were not disclosed.
- Direct Radiology, founded in 2012, is a Joint Commission-accredited practice with a network of approximately 80 radiologists serving over 430 healthcare facilities across the US. By integrating Direct Radiology's extensive network and expertise, ONRAD
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Royal Health Secures Significant Investment from HealthQuest Capital
What You Should Know:
- Royal Health Inc., a provider of advanced radiology software and workflow solutions, announced today the closing of a minority investment led by HealthQuest Capital, a growth capital firm focused on transformative healthcare companies.
- The recapitalization represents a significant milestone for Royal Health, resulting in a near eightfold increase in enterprise valuation since its previous investment round in 2019.
While the specific funding amount
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GE HealthCare Receives FDA Clearance for SIGNA™ MAGNUS Head-Only MRI Scanner
What You Should Know:
- GE HealthCare (Nasdaq: GEHC) has received FDA 510(k) clearance for its innovative SIGNA™ MAGNUS, a 3.0T high-performance, head-only magnetic resonance imaging (MRI) scanner.
- This system offers new capabilities for both clinical imaging and neuroscience with the potential to aid in the detection of neurological, oncological, and psychiatric conditions.
SIGNA MAGNUS: Advancing Neuroimaging with Cutting-Edge MRI Technology
The FDA clearance of the SIGNA MAGNUS
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GE HealthCare, DeepHealth Collaborate to Advance AI in Imaging
What You Should Know:
- GE HealthCare and DeepHealth, a RadNet company, have announced a strategic collaboration to drive innovation and adoption of artificial intelligence (AI) in medical imaging.
- The partnership aims to develop SmartTechnology™ solutions that address challenges across the imaging value chain, ultimately improving patient care.
Enhancing the Imaging Value Chain with AI
The collaboration will leverage GE HealthCare's imaging expertise and scale,
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UMPC, TGH Invests in Medicom’s Enterprise Imaging Interoperability Platform
What You Should Know:
- Medicom, a health tech company specializing in enterprise imaging interoperability, announced the successful completion of an oversubscribed strategic financing round. The funding round saw significant participation from healthcare industry leaders, including UPMC Enterprises and Tampa General Hospital Ventures along with expanded participation from existing investors Cone Health Ventures, Oval Park Capital and Grayhawk Capital, as well as local Triangle venture
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