AI

By Dave Muoio 03:01 pm March 31, 2020
Olive, an artificial intelligence company tackling healthcare administration tasks, has closed $51 million in a funding round led by General Catalyst. Also participating in the raise were the company's existing backers Drive Capital, Oak HC/FT, Ascension Ventures and other unnamed investors. WHAT THEY DO Olive's "AI Workforce" is designed to automate a selection of tedious, high-volume...
By Dave Muoio 03:56 pm March 25, 2020
Butterfly Network, maker of a handheld, smartphone-connected ultrasound system, has disabled two software features that were implemented on its devices without first securing 510(k) clearance, according to notices recently published by the FDA. The Auto Ejection Fraction Tool and the Auto Bladder Volume Tool were introduced in the Butterfly IQ Ultrasound System's 1.10.0 and 1.13.0 software...
By Dave Muoio 01:37 pm March 25, 2020
tDiligent Robotics, the maker of an autonomous robot helper for use in the hospital, has brought in a $10 million Series A round. DNX Ventures headlined the raise, and will see Q. Motiwala, a partner, joining the Diligent Robotics board. True Ventures, Ubiquity Ventures, Next Coast Ventures, E14 Fund, Promus Ventures and Grit Ventures also participated in the fundraise. WHAT THEY DO While...
By Dave Muoio 03:40 pm March 18, 2020
A collaboration between government organizations, research institutions and major tech companies has put out the call for artificial intelligence experts interested in generating new insights about coronavirus. As of Monday, a collection of machine-readable literature on the coronavirus group of viruses is now freely available for review on the Allen Institute for AI's SemanticScholar.org website...
By Tammy Lovell 04:41 am March 12, 2020
A report from EIT Health and McKinsey & Company has called for a generation of data literate healthcare professionals to be educated and trained in order to realise the transformative potential of artificial intelligence (AI) in Europe. Researchers carried out 62 interviews with public and private sector decision-makers and thought leaders across Europe, North America and Asia between...
By Dave Muoio 03:26 pm March 5, 2020
SymphonyAI Group, a collection of private B2B artificial intelligence companies spanning multiple sectors, announced yesterday that it has acquired TeraRecon, the maker of products for medical-image post-processing and other related products. As the group’s seventh portfolio company, TeraRecon will continue building out its radiology, cardiology and vascular-surgery AI-imaging support. However,...
By Tammy Lovell 04:32 am March 2, 2020
Update: The HIMSS & Health 2.0 European Conference has been postponed. Read more here. When Corporation Pop managing director Dom Raban’s 13-year-old daughter was diagnosed with Ewing’s sarcoma, he was shocked by the lack of information for children about the condition. “The hospital care she got was really good, but she had virtually no information about the people she would meet, the...
By Dave Muoio 03:45 pm February 13, 2020
Intuition Robotics, an artificial intelligence company that has built an in-home companion robot, has raised $36 million in Series B funding. The raise was headed by SPARX Group and OurCrowd, with additional participation from Toyota AI Ventures, Sompo Holdings, iRobot, Union Tech Ventures, Happiness Capital, Samsung Next, Capital Point and Bloomberg Beta. It brings the AI company’s total...
By Dave Muoio 04:38 pm February 7, 2020
The first artificial intelligence-enabled cardiac ultrasound software has received De Novo marketing authorization, the FDA announced today. Developed by Caption Health, the Caption Guidance tool guides medical professionals through a heart disease diagnostic test that normally requires an ultrasound expert. “Echocardiograms are one of the most widely-used diagnostic tools in the diagnosis and...
By Laura Lovett 04:47 pm January 24, 2020
Update: HIMSS20 has been canceled due to the coronavirus. Read more here. It’s no secret that artificial intelligence and virtual technologies are quickly changing the patient experience. Today, provider organizations are grappling with questions about the best ways to integrate these tools into the practice. “Historically, we focused on human innovations in healthcare to really drive patient...