GenAI radiology workflow company Rad AI announced it secured $50 million in Series B funding led by Khosla Ventures, bringing the company's total raise to more than $80 million.
WiL (World Innovation Lab) participated in the round, alongside existing investors OCV Partners, Gradient Ventures (Google's AI-focused fund), Kickstart Fund and ARTIS Ventures.
Rad AI offers radiologists generative AI...
A mobile application used to assess sports-related head and brain injuries is now being tested for detecting and monitoring neurological disorders.
BrainEye's mobile test is now being studied in clinical trials at The Alfred Hospital in Melbourne. It digitises the traditional eye movement test, which is done in 60 seconds through a mobile device, and then collects and measures over 20 ocular...
Syra Health, a healthcare technology company that provides tools to analyze population health, reported revenue of $1.7 million in the first quarter of 2024, compared to $1.2 million in the same period last year.
The company noted that its strong growth was due to its Population Health offering, which grew 212% year over year, and the growth of its Healthcare Workforce solutions, which grew 28%...
Telehealth and medical transportation company DocGo reported a data breach in an SEC filing on May 7. The company stated it identified a cybersecurity incident in which consumers' protected health information was accessed and acquired regarding the company's U.S. ambulance transportation business.
The company said it took steps to contain and respond to the incident, and no other business lines...
Teletherapy company Talkspace reported its first quarter financial results for the year, showing a 36% increase in revenue over the prior-year period, to $45.4 million, and a 30% increase in gross profit to $21.7 million.
Operating expenses were down 9% from the prior year to $23.4 million, while payor revenue increased 92% from the first quarter of 2023, and direct-to-enterprise revenue...
Infant monitoring specialist Owlet's Dream Sock has received CE Mark certification by the European Union, meeting its required safety and health requirements and paving the way for the device to be sold in Germany, France and the U.K. later this year.
The Dream Sock, which wraps around a baby's foot, is a nonprescription medical pulse oximetry solution for infants aged 1 to 18 months weighing 6...
Healthcare-focused cybersecurity company Blackwell Security has secured $13 million in a funding round led by General Catalyst and Rally Ventures.
The company, which is a co-creation from General Catalyst and Rally Ventures, also hired Geyer Jones as its first chief executive officer. Jones previously served as chief operating officer at healthcare IoT security company Cylera and chief strategy...
The FDA announced the Apple Watch atrial fibrillation (AFib) tool is qualified for use in clinical trials through its Medical Device Development Tools (MDDT) program, thus enabling researchers to use it to detect arrhythmias or abnormal heart beat.
Apple's tool is the first digital health tool to be qualified under the MDDT program, a voluntary program aimed at evaluating devices for use in...
Consultmed to replatform to InterSystems' IRIS for Health
Consultmed is moving its referral management software to InterSystems IRIS for Health data platform.
The move comes as the health IT provider looks to "do integrations at scale." Hosted on Microsoft Azure, Consultmed enables referral management, virtual triage, Advice & Guidance, secure messaging, digital patient forms, requests for...
AI-enabled protein design company Profluent has leveraged artificial intelligence to design an open-source gene editor called OpenCRISPR-1, demonstrating the technology can be used to create molecules with the power to edit human DNA.
Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) technology, developed more than a decade ago, allows scientists to modify DNA sequences within...