What You Should Know: - Spectrum Solutions, LLC announced the publishing of findings from their research collaboration with the University of California at Los Angeles (UCLA) and Dr. David Wong, UCLA School of Dentistry that successfully demonstrated a superior ability to detect circulating tumor DNA (ctDNA) from saliva. - Specifically, amplified EGFR mutations associated with non-small cell lung cancer (NSCLC) using Spectrum’s saliva collection and preservation system with the Electric
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Mayo Clinic, Mercy Sign 10-Year Collaboration to Transform Patient Care
What You Should Know: - Mayo Clinic and Mercy announced a 10-year collaboration agreement— a first-of-its-kind alliance between two large healthcare systems that will use the most current data science and years of deidentified patient outcomes to find diseases earlier and start patients on paths to better health more quickly. - With the combination of privacy-protected, cloud-based technology architecture, and the growth of artificial intelligence and machine learning, this aggregated
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Intel & Sheba Partner to Develop AI Solution to Improve Detection of Crohn’s Disease
What You Should Know: - Sheba Medical Centre, Israel’s largest medical center, today announced a collaboration with Intel Corporation to help doctors improve the diagnosis and treatment of people with Crohn's disease. - Sheba developed a new, first-of-its-kind application capable of quickly and accurately analyzing extensive video data of a patient’s digestive system, providing valuable insights to aid medical professionals. AI-driven Solutions to Diagnose Crohn’s Disease The
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Primary Care EHR Elation Health Raises $50M to Support Independent Primary Care Practices
What You Should Know: - Elation Health, the clinical-first technology company powering innovation in primary care, announced a Series D financing round of $50M. The Series D round was co-led by Generation Investment Management and Ascension Ventures with participation from Threshold Ventures, Ascend Partners, and individual investors including Fay Rotenberg and Jonathan Bush. This new round brings Elation Health to $108.5M in total venture funding to date. -
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Report: How Apple Is Advancing Digital Healthcare Transformation
What You Should Know: - Apple has shared a new report that offers a snapshot of the ways Apple products are empowering people to be at the centre of their health, and acting as an intelligent guardian for their health and safety. - The report covers Apple’s two-pronged approach to advance health: Apple’s focus on personal health and fitness features on Apple Watch and iPhone, and Apple’s work with the medical community to support research and care. Empowering Users on Their Personal
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Cleerly Raises $192M for AI-Driven Precision Heart Health Platform
What You Should Know: - Cleerly, the company creating a new standard of care for heart disease, announced that it has closed a Series C financing round of $192M - This new funding, led by led by funds and accounts advised by T. Rowe Price Associates, Inc. and T. Rowe Price Investment Management, Inc., and Fidelity Management and Research Company, brings the total raised by the fast-growing health care company to $248M, which includes its Series B round in 2021 AI-enabled Approach
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Theator Raises $39.5M for AI-Driven Surgical Intelligence Platform
What You Should Know: - Theator, the first-of-its-kind AI-driven Surgical Intelligence Platform, announced that it has extended its Series A funding round by $24M, bringing the round’s total to $39.5M - The extension was led by Insight Partners with support from existing investors including Blumberg Capital, Mayo Clinic, NFX, StageOne Ventures, iAngels, and former Netflix Chief Product Officer Neil Hunt. In addition, new growth investors including iCON and TripActions’ CEO and Co-founder
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Health Note Raises $17M for Pre-Clinical Intake Automation Platform
What You Should Know: - Health Note, the pre-clinical intake automation platform that uses digital patient intake to prepare clinical notes for providers ahead of patient visits, announced the close of a $17M Series A financing round led by SignalFire. SignalFire is joined by UnityPoint Health, Northwell Health Holdings, the for-profit arm of Northwell Health focused on investment in early stage/growth opportunities, strategic partnerships and the cultivation of internal innovations that
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Oncoustics Raises $5M for AI-Driven Point-of-Care Diagnostics
What You Should Know: - Oncoustics, San Francisco, CA-based ultrasound-based tissue characterization solutions announces the initial close of a $5 million+ seed round of funding to advance its SaMD (software as a medical device) technology for the low-cost assessment of structural diseases at the point of care. - Oncoustics’ first products will focus on liver disease, one of the fastest-growing causes of morbidity and mortality in the world. The round is co-led by Creative Ventures
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RapidAI Awarded FDA Clearance for AI-Powered CT Scans to Identify Intracerebral Hemorrhage
What You Should Know: - RapidAI, the global leader in neurovascular and vascular AI-enhanced clinical decision support and patient workflow, today announced it has received FDA clearance for Rapid Hyperdensity, the newest addition to the RapidAI platform. - The tool empowers physicians to quickly assess the severity of injury in patients with acute neuro conditions such as traumatic brain injury and brain hemorrhages – allowing for better and faster patient care decisions. AI Powered
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