Digital health startup K Health, in collaboration with and with backing from Blackstone Growth and Anthem, is launching a new joint venture aimed at increasing access to healthcare while making it more affordable.
Called Hydrogen Health, the new company will use K Health’s artificial intelligence technology to create digital healthcare solutions to the employer and consumer markets. It hopes to...
Surgical robots developer EDDA Technology has closed a $150 million funding round; proceeds will enable it to capture untapped markets of intelligent surgical robots.
Masayoshi Son’s Softbank Vision Fund 2 led this round, along with global healthcare investment firm OrbiMed and Hong Kong-based 3W Fund. The company is also supported by Morningside Ventures, Matrix Partners China, SBCVC, BOCGI,...
South Korean medical AI company made its debut on KOSDAQ, a trading board of Korea Exchange, for an IPO of 37.8 billion won ($33.6 million) by issuing 1.8 million shares.
WHY IT MATTERS
The company had accumulated an operating deficit of 7 billion won ($6.2 million) by the third quarter of 2020, and the funds will be a much needed injection of cash. Vuno plans to invest in research and...
AI isn't ready for COVID-19 prime time. A systematic review of published this week in nature machine intelligence warns that new models using machine learning to review chest radiographs and chest computed tomographies for COVID-19 have major methodical deficiencies or underlying biases.
Among the 62 published or pre-print papers outlining these approaches, the authors wrote that not a single one...
The Dubai Health Authority (DHA) has revealed plans to “enhance” its use of smart health technology, exploring remote-patient monitoring in the first instance.
To coincide with the occasion of United Arab Emirates (UAE) Innovates 2021, the authority said that it is currently collaborating with Enpy, a Dubai-based startup that specialises in medical artificial Intelligence (AI), to consider the...
Thomson X (TX), a wholly-owned subsidiary of SGX Mainboard-listed Thomson Medical Group Limited, is a platform which aims to bolster the current healthcare landscape by connecting healthcare technological start-ups with their existing healthcare expertise and network. They have established a partnership with Plano, seeking to address the increasing myopia rate around the world through the use of...
Two UAE-based health companies have partnered with Canada’s Laipac Technology to launch the “world’s first” artificial intelligence (AI)-powered rapid COVID-19 antigen test.
YAS Pharmaceuticals and Pure Health will be working with the Ontario-based Internet of Medical Things (IoMT) specialist to provide an “intelligent and innovative way to deploy technologies to better protect the health of...
A new digital healthcare company called egnite launched Wednesday with the goal of leveraging advanced technologies and analytics to improve health outcomes for structural heart-disease patients.
Egnite originates from the CardioCare platform developed by Edwards Lifesciences, which is already deployed at over 50 hospitals and health systems across the country. The platform is designed to manage...
By this point in time, artificial intelligence and machine learning are deployed by healthcare organizations for almost every aspect of the care journey. From clinical decision-making support to automating the revenue cycle, AI has become an integral tool in healthcare.
A problem remains in how clinicians, staff and patients can trust something that they can’t see and oftentimes don’t understand...