Cofactor AI, a company that helps hospitals appeal claims denials, announced it raised $4 million in a seed funding round led by Drive Capital.
WHAT IT DOES
Cofactor AI’s platform, Cofactor Denial Suite, combines with EHR systems and clearinghouses and immediately locates the exact contextual information required to generate successful appeals.
Employing its proprietary medical-native foundation...
Practice Better, a practice management platform for health and wellness practitioners, announced it raised $13 million in growth capital funded by CIBC Innovation Banking.
The funding comes one year after Practice Better scored a $27 million growth investment led by Five Elms Capital.
WHAT IT DOES
Practice Better provides a suite of tools that integrate scheduling, telehealth, client engagement...
A consortium of research institutes in South Korea has been formed to promote the utilisation of AI and national supercomputers in discovering novel drugs for treating lung cancer.
According to a press statement, the following organisations will collaborate to develop and test AI for identifying novel drug candidates and predicting its efficacy:
DAAN Cancer Research Institute under Yonsei...
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...
South Korean medical AI company AITRICS has obtained clearance from the Ministry of Health, Vietnam for its AI software for predicting patient deterioration.
VitalCare utilises AI to analyse 19 types of EMR data of patients in general wards to predict possible death, ICU transfer, and cardiac arrest within six hours. It can also predict sepsis within four hours, cardiac arrest within 24 hours, as...
About a million possible cases of atrial fibrillation, a known risk for stroke, go undetected in Japan. A local startup is introducing an innovative AI targeting this growing danger.
Founded in 2019, Cardio Intelligence develops a range of AI-powered solutions for continuous heart monitoring called SmartRobin AI.
The SmartRobin AI series is based on "explainable AI," which processes a huge...
WELL Health, a digital health company that integrates and updates clinical and digital assets, announced the approval of a $44 million project, Health Compass II, funded by the Canadian government and designed to continue enhancing AI and interoperability in healthcare.
The initiative aims to streamline administrative tasks, enhance clinical decision-making and improve patient outcomes by...
The Royal Australian College of GPs, the peak body for general practices in Australia, has released guidance for practitioners looking to adopt AI scribes to support clinical documentation.
An AI scribe captures audio speech from a clinical encounter to convert it into text that becomes part of a patient's health record.
WHAT IT'S ABOUT
RACGP initially suggests developing a policy on...
Sydney Neuroimaging Analysis Centre, an integrated neuroimaging research and commercial medical image analysis facility within the University of Sydney’s Brain and Mind Centre, has secured government grant funding to market its AI-powered software for analysing and monitoring brain diseases.
It also announced on 5 July that it obtained the Therapeutic Goods Administration's clearance for its...
Australia invests $20M for new health AI projects
The Australian government has awarded 10 AI projects from major universities with nearly A$30 million ($20 million) in total grant funding to improve healthcare access.
These include research from the University of Queensland to trial AI, in tandem with 3D total skin imaging, for early melanoma detection. Another project from the University of...
