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AI / Imaging
1 | GE Healthcare's Deep Learning Software Gets FDA Nod for Enhanced Imaging
2 | FDA Greenlights Butterfly Network's AI Tool for Abnormal Lung Function Detection
3 | Care.ai's AI-Powered Platform to be Integrated into Samsung's Displays
4 | Microsoft and Canary Speech Collaborate to Enhance AI Speech Models for Healthcare
5 | Lunit's AI Solutions: Improving Cancer Detection in Sweden and Healthcare in Military
Disease Management / Digital Therapeutics
1 | Huma's FDA-Cleared Platform: Personalized Health Data Management Made Easy
2 | FDA Approves Casana's Heart Seat: Keeping Track of Your Health from Home
3 | Simple HealthKit's Diagnostic Tests Now at Walmart: Your Health Check, Simplified
Informatics / Healthcare IT Solutions
1 | eVisit Acquires Bluestream Health to Build Out Digital Tools
2 | Practice Better Scores $27M in Funding to Enhance Offerings and Develop Partnerships
3 | Billing Platform Inbox Health Raises $22.5M Series B to Support Rapidly Growing Platform
4 | Outbound AI Raises $16M to Accelerate Growth of AI Agents Performing Administrative Tasks
AI / Imaging
1 | GE Healthcare's Deep Learning Software Gets FDA Nod for Enhanced Imaging
GE Healthcare has received FDA 510(k) clearance for its Precision DL deep learning image processing software. The software uses deep learning to improve image quality on the company's PET/CT, Omni Legend, and allows for faster scanning time and improved small lesion detection. This is the latest addition to the company's Effortless Recon DL portfolio. The company aims to make state-of-the-art imaging accessible to more practices, across more care areas than ever before.
2 | FDA Greenlights Butterfly Network's AI Tool for Abnormal Lung Function Detection
Butterfly Network, a company that makes a handheld, smartphone-connected ultrasound system, has received FDA 510(k) clearance for its Auto B-line Counter. This tool uses AI to help providers determine if a patient has abnormal lung function by measuring B-lines. The company plans to launch the product early this summer. The tool is expected to make ultrasound easier to use and more accessible to clinicians across specialties.
3 | Care.ai's AI-Powered Platform to be Integrated into Samsung's Displays
Care.ai, an AI-powered care facility automation platform, is partnering with Samsung to integrate its Smart Care Facility Platform into Samsung's displays for use by health systems. The platform includes a network of sensors that monitor patients using AI, providing real-time behavior data for clinical and operational insights. The integration will allow for AI-powered patient monitoring and enable virtual visits over Care.ai devices paired with Samsung's displays.
4 | Microsoft and Canary Speech Collaborate to Enhance AI Speech Models for Healthcare
Canary Speech, a maker of speech analysis software, is partnering with Microsoft to apply the tech giant's AI technology to expand its machine learning speech models for healthcare. Canary's technology captures and analyzes data to determine whether irregularities exist within an individual's speech. Through the collaboration, Canary will be a Microsoft Cloud for Healthcare co-sell partner and will use Microsoft's AI to accelerate speech analysis technology to reduce healthcare costs, address mental health challenges, and scale remote patient monitoring solutions.
5 | Lunit's AI Solutions: Improving Cancer Detection in Sweden and Healthcare in Military Facilities
South Korean medical AI company Lunit is expanding its reach both domestically and internationally. In Sweden, Lunit has partnered with Capio S:t Göran Hospital to supply and license its AI-powered mammography analysis software, Lunit INSIGHT MMG, for three years. The software will be used to analyze breast images of approximately 78,000 patients each year, aiming to improve the accuracy of cancer detection and address the shortage of medical professionals in Sweden. On the other hand, Lunit is also expanding the deployment of its AI imaging solution, Lunit INSIGHT CXR, to South Korean military facilities and troops overseas. This move aims to improve access to diagnostic and treatment services in remote areas where military troops are stationed, with plans to develop a customized AI solution linked with portable x-ray imaging equipment.
Disease Management / Digital Therapeutics
1 | Huma's FDA-Cleared Platform: Personalized Health Data Management Made Easy
Huma, a UK-based digital health tech company, has received FDA 510(k) Class II clearance for its Software as a Medical Device (SaMD) platform. The platform, which includes a cardiovascular risk score algorithm, allows for patient data to be collected for self-management or accessed remotely by providers. The FDA clearance enables the platform to host AI algorithms for automated data analytics used in diagnosis, screening, clinical decision-making, dosing recommendations, and predictions. Huma's platform aims to enable partners to launch Class II regulated software for new diseases and use cases in a matter of weeks.
2 | FDA Approves Casana's Heart Seat: Keeping Track of Your Health from Home
Casana, a health tech startup, has received its first FDA 510(k) clearance for its health monitoring smart toilet seat, the Heart Seat. The device, which monitors heart rate and oxygen saturation in adults, can run for several years without recharging and sends health data to providers. Casana plans to file with the FDA for additional monitoring capabilities, including blood pressure tracking, and aims to launch the product by the end of the year.
3 | Simple HealthKit's Diagnostic Tests Now at Walmart: Your Health Check, Simplified
Simple HealthKit, a California-based diagnostics startup, is partnering with Walmart to offer its home diagnostic test kits for diabetes, sexual wellness, and respiratory health. Customers can order the tests through Walmart.com, perform the tests at home, and send the samples to a Simple HealthKit lab for results within 24 hours. Those with abnormal results will be connected to a care provider for free follow-up care. The partnership aims to make wellness products and services more accessible.
Samsung Electronics has received FDA clearance for its Health Monitor app's Irregular Heart Rhythm Notification (IHRN) feature on the Galaxy Watch. The feature, which monitors heart rhythms suggestive of atrial fibrillation, will be available on the recently announced One UI 5 Watch. In addition to the IHRN feature, the One UI 5 Watch also includes new sleep-related features. These include a Sleep Insights UI, a sleep coaching feature, and a switch to infrared sensors for less light distraction during sleep. The new features aim to provide users with a comprehensive health experience, from heart monitoring to sleep optimization.
Informatics / Healthcare IT Solutions
1 | eVisit Acquires Bluestream Health to Build Out Digital Tools
eVisit acquired Bluestream Health to add “digital front door” capabilities and other digital tools, making use of Bluestream Health’s integrated interpretation of 200 languages and American Sign Language. Bluestream Health also brings its “digital front door” capabilities that help transition brick-and-mortar workflows into virtual workflows that help triage and streamline. Prior to the acquisition, eVisit worked with 100 healthcare delivery organizations across 2,000 sites of care. After the acquisition, eVisit will gain Bluestream’s customer base as well, which includes 50,000+ providers and 500 health systems.
2 | Practice Better Scores $27M in Funding to Enhance Offerings and Develop Partnerships
Practice Better is an all-in-one practice management software platform for health and wellness professionals. They recently raised $27M in a round led by Five Elms Capital to support new integrations and strategic partnerships, and enhance current features to help clients scale their businesses. The funding will also be used to expand its go-to-market, customer-facing, and tech teams to support a growing customer base. Currently, the company serves 10,000+ customers in 70+ countries.
3 | Billing Platform Inbox Health Raises $22.5M Series B to Support Rapidly Growing Platform
Patient billing communications platform, Inbox Health, recently completed a $22.5 million Series B financing round, bringing their total capital to over $43 million. The funding was led by Ten Coves Capital with participation from existing investors. Following the award of a U.S. patent in April, this new influx of capital will help catalyze Inbox Health’s goals of modernizing the billing, payment and support experience for both patients and healthcare organizations.
4 | Outbound AI Raises $16M to Accelerate Growth of AI Agents Performing Administrative Tasks
Outbound AI, a conversational AI startup building out virtual agents and software consoles has completed a $16 million seed financing round. Outbound AI has gained notice by both healthcare providers and broader service organizations across the U.S. for their ability to maximize workplace performance and minimize the number of menial tasks the human workforce must complete. This financing round was co-led by Madrona Venture Group and SpringRock Ventures.
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