Today, a tale of two markets are seen in healthcare mergers and acquisition: the present (as reflected in the data about declining dealmaking) and the future (reflected in the increasingly positive outlook by dealmakers).
While deal data can vary according to how it is defined and who is reporting, it has declined substantially across the board since the high-water mark in late 2021 and early...
Leaders in the digital health space relayed to MobiHealthNews what stood out to them in 2023 as the year draws to an end.
Many noted the meteoric rise of genAI in 2023 and expectations of growing adoption of the technology in 2024, emphasizing the importance of treading carefully as the tech is further implemented. Other stakeholders pinpointed bankruptcies and mergers and acquisitions as being...
Walgreens is collaborating with medication access and transparency technology company RxSense to launch a digital marketplace, Rx Savings Finder, where consumers can save money on medication by comparing prices on free third-party discount prescription cards.
RxSense's SaaS platform allows companies to create a pharmacy benefits platform. The company offers analytics, prescription savings program...
Monitoring athletic performance is certainly nothing new. Advanced technologies in wearable sensors to monitor and evaluate physiological biomarkers offer increased opportunities to collect and quantify data without direct proximity to the athlete.
To better optimize workouts and evaluate the full performance, it’s necessary to get detailed cardiovascular and biomechanical insight into how the...
RapidAI, a health tech company specializing in imaging analysis software, announced it received Class III Shonin clearance in Japan and launched a hybrid technology platform, Rapid Edge Cloud, and a non-contrast CT offering for stroke identification.
RapidAI offers numerous imaging solutions for stroke, aneurysm and pulmonary embolism. It also provides technology platforms to enable coordinated...
GE HealthCare is leveraging AI and data integration technologies to help tackle the rapidly increasing volume of patient data and working to optimize the application of these two tech tools in patient care in announcing 40 new innovations at RSNA23.
The company's central strategy is to integrate AI into its precision care framework, encompassing smart devices, targeted therapies, disease-...
AI-enabled imaging company Aidoc announced that it has secured $30 million in funding to develop a comprehensive AI imaging model and a new category of products based on that model.
WHAT IT DOES
Aidoc offers radiologists tools to find and triage injuries and health conditions based on imaging results. It also provides coordination software for stroke and cardiovascular care, alerting relevant...
OpenAI's GPT-4 correctly diagnosed 52.7% of complex challenge cases, compared to 36% of medical journal readers, and outperformed 99.98% of simulated human readers, according to a study published by the New England Journal of Medicine.
The evaluation, conducted by researchers in Denmark, utilized GPT-4 to find diagnoses pertaining to 38 complex clinical case challenges with text information...
Healthcare AI company Layer Health, spun out of MIT, announced its launch with $4 million in funding from GV (Google Ventures), General Catalyst and Inception Health.
WHAT THEY DO
Layer Health's AI platform, dubbed Distill, built on machine learning algorithms that leverage large language models, aims to streamline the chart review process from unstructured data.
The technology can be...
Pharmaceutical giant AstraZeneca announced the launch of Evinova, a health technology business focused on bringing digital health solutions already in use globally by the pharma company to clinical research organizations (CROs), trial sponsors and care teams, and patients.
The new company will use established digital technology solutions to streamline clinical trial design and delivery in order...
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