Children's Hospital Los Angeles received $2.8 million from the National Institutes of Health to use an artificial intelligence-based tool to help predict the optimal medication dosage that children in the ICU will need over time.
Innovation
From implementing robotics and artificial intelligence to digital apps and value-based care solutions, healthcare innovators had a busy 2022.
Hospitals and health systems have been busy joining innovation consortiums, opening research centers and investing in promising startups.
Arch Venture Partners specializes in backing early-stage medtech companies; while the firm has been active since 1986, recently, they have been making some major investments.
Tampa (Fla.) General Hospital has partnered with digital health connectivity company Stel Life to conduct a remote patient monitoring project focused on patients with primary chronic conditions.
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The University of Pittsburgh Medical Center partnered with Ibex Medical Analytics to deploy its artificial intelligence-based tool to support pathologists in diagnosing prostate cancer.
Staff shortages are a major issue. It is currently the number one concern1 for hospital CEOs and by 2030, there will be a shortage of 15 million healthcare workers2. To alleviate challenges created by staff shortages, health systems are increasingly…
Tampa, Fla.-based Moffitt Cancer Center plans to build a 775-acre global innovation center in the hopes of preventing and curing cancer worldwide. The initial clinical and research investment will be approximately $800 million.
Bezos Expeditions, the investment firm of Amazon founder Jeff Bezos, and Gates Frontier, Microsoft founder Bill Gates' investment fund, joined in a $75 million series C financing round for Synchron, a brain-computer interface company.
Portland-based MaineHealth is investing $500,000 in a program to launch health tech innovators in partnership with Brewer, Maine-based Northern Light Health and the Roux Institute at Northeastern University in Portland.