Global news

People reviewing financial data
By  Anthony Vecchione 11:33 am November 14, 2024
Bluespine, an AI-driven claims cost reduction platform for self-insured employers, announced it raised $7.2 million in seed funding. The round was led by Team8 with participation from strategic partners. WHAT IT DOES Bluespine is an AI-driven claims cost reduction platform that aims to help self-insured employers reduce annual healthcare spending while mitigating financial and legal risks around...
Person sitting at their computer drinking something out of a coffee cup
By  Jessica Hagen 04:51 pm November 13, 2024
Global healthcare AI company Ubie announced its AI-enabled symptom tracker will be integrated into PatientsLikeMe's patient engagement and health management platform to support patients from the first sign of symptoms through the treatment journey.    Ubie offers a free AI-powered symptom checker trained on clinical research papers. The platform is intended to accelerate disease detection and,...
Executives discussing business deal
By  Anthony Vecchione 01:38 pm November 13, 2024
Cardinal Health entered into a definitive agreement with GI Alliance (GIA) and Advanced Diabetes Supply Group (ADSG) with the aim of advancing its presence in the multispecialty GI and at-home diabetes spaces. The company will acquire a majority stake in GIA for $2.8 billion giving it 71% ownership. For its part, GIA will operate as a platform within Cardinal Health's pharmaceutical and specialty...
Healthcare provider and patient sitting next to each other while looking at a tablet
By  Jessica Hagen 10:58 am November 13, 2024
The Society of General Internal Medicine released a position statement on generative AI use in healthcare, highlighting the need for clinicians and technologists to partner to enhance genAI decision-making and for healthcare organizations to use the technology but, avoid "the urge to rapidly displace the human clinical workforce with generative AI." The Society says clinicians must remain...
Patient interacting via tablet
By  Anthony Vecchione 03:13 pm November 12, 2024
Editor's note: This article has been updated with a quote from Rula.  Rula announced that its network of more than 10,000 mental health providers will now be available to Amazon customers through Amazon's Health Conditions Programs. Rula connects patients with mental healthcare professionals and offers extensive support during multiple steps of a patient's mental health experience. The digital...
Person on a computer talking and wearing glasses
By  Anthony Vecchione 01:14 pm November 12, 2024
Digital biology company Optic is collaborating with early-stage oncology therapeutics venture, Vindur Tx, to use Optics proprietary generative AI platform to find novel highly selective kinase inhibitors and develop more effective cancer treatments.  Vindur Tx agreed to pay Optic as much as $17.5 million for its proprietary technology to search for new ways of addressing what the company called...
Healthcare provider standing beside a patient and their loved one
By  Jessica Hagen 12:25 pm November 12, 2024
Founder and former CEO of the London-based multinational digital health giant Babylon, Ali Parsa, announced the launch of his new company, Quadrivia AI, which will offer clinicians an AI assistant to help with administrative and clinical tasks.  Quadrivia's offering, Qu, is an AI-enabled personal clinical assistant available in multiple languages designed to support clinicians with various tasks...
AI representation of a brain implant
By  Jessica Hagen 05:50 pm November 11, 2024
Precision Neuroscience, a brain-computer interface company that connects AI with human intelligence, has scored $93 million in a planned $100 million funding round, with the deal valuing the startup at around $500 million, according to a Bloomberg report that attributes the information to "a person familiar with the situation." WHAT IT DOES Private company Precision Neuroscience offers a brain...
Healthcare professional reviewing imaging results
By  Anthony Vecchione 02:34 pm November 11, 2024
GE HealthCare and DeepHealth, a subsidiary of RadNet, announced they are collaborating on new AI imaging technology to further innovation, commercialization and adoption of AI in imaging. The companies will codevelop SmartTechnology, solutions that employ the power of AI to tackle key obstacles across the imaging value chain, such as helping increase the efficiency of imaging interpretation and...
Human cells connected with lines
By  Jessica Hagen 01:51 pm November 11, 2024
Life sciences-focused technology company MGI Tech announced a commercial partnership with Human Cell Atlas, a global consortium working to map every cell type in the human body, to advance worldwide human cell mapping. MGI Tech is a Chinese biotechnology company that offers a high-throughput genome-sequencing machine, genetic sequencers, and other tools and technologies that can be applied to...