Galen Robotics, a company based on technology commercialized from Baltimore-based Johns Hopkins University, has raised $15 million in an oversubscribed series A funding round.
Innovation
Hospitals are using artificial intelligence to improve health outcomes, produce predictive clinical insights and improve patient care. Here are five artificial intelligence projects health systems have recently created and deployed as reported by Becker's Hospital Review since Oct. 19:
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.
Rochester, Minn.-based Mayo Clinic is partnering with medical diagnostics company Numares to develop reliable artificial intelligence-powered testing for patients with chronic diseases.
Intus Care, a predictive analytics platform for geriatric patients, has raised $14 million in series A financing.
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Johnson & Johnson Innovation, the venture arm of Johnson & Johnson, participated in the $25 million series B financing round for medical device cybersecurity company MedCrypt.
Biotechnology company Eagle Genomics has raised $20 million in its scale-up funding round.
Boston-based Mass General Brigham and Aurora, Colo.-based UCHealth have joined a $20 million funding round for clinical data company Carta Healthcare.
Boomerang Medical, a bioelectronic medicine company, has raised $15 million in series A financing.
Danbury, Conn.-based Nuvance Health has started a remote patient monitoring program for patients with mild cognitive impairment that aims to improve their condition at home.