Google Cloud has unveiled a new software program that uses artificial intelligence for medical imaging diagnostics and has already begun collaborating with Edison, N.J.-based Hackensack Meridian Health to improve cancer detection.
Innovation
DuBois, Pa.-based Penn Highlands Healthcare is expanding its collaboration with software company Regard on a tool that uses artificial intelligence to boost diagnostics and billing.
San Diego-based Rady Children's Institute for Genomic Medicine has partnered with healthcare data company PlumeCare RWE to create a pilot program that will screen newborns for 400 genetic diseases.
Biotechnology company Alloy Therapeutics has raised $42 million, with return investor Thiel Capital participating in the series D fundraising round.
Technology investment firm Francisco Partners has agreed to acquire benefits technology company Bswift from CVS Health for an undisclosed amount.
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Rochester, Minn.-based Mayo Clinic is the first place in North America to install an ultrafast PET/CT scanner the health system says will greatly boost its imaging quality, particularly for cancer diagnosis and treatment.
Healthcare innovation venture fund Wavemaker Three-Sixty Health is opening a new location in the San Francisco area.
Hospital and health system venture capital arms help provide financial investment and resources to startups. These companies may generate additional revenue for the health system if they are successful.
Genetic sequencing company Illumina has unveiled a new machine it says can sequence the human genome for just $200, Wired reported Sept. 29.
New Hyde Park, N.Y.-based Northwell Health has a venture capital arm that invests in innovative early-stage companies, develops and commercializes internal innovations, and brings new products and medical devices to market.