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Innovation

Rochester, Minn.-based Mayo Clinic is using an artificial intelligence algorithm to identify a left ventricular cardiovascular disease that can go unnoticed until a serious cardiac event, the Post Bulletin reported Nov. 2.

Danville, Pa.-based Geisinger is using an artificial intelligence-powered workflow system to identify patients with lung abnormalities for further screening. 

Despite the $1 billion valuation, not all healthcare unicorns have been able to find long-term success. Becker's has reported on RCM, physician services and digital healthcare unicorns that have shut down or filed for bankruptcy.

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Life sciences and diagnostics company Danaher appointed Christopher Riley as executive vice president for biotechnology.

General Catalyst's recently launched Health Assurance Transformation Corp. plans to purchase a health system in the "$1 billion to $3 billion range" that will serve as a "blueprint" for healthcare transformation.

NYU Langone trustees Trudy Elbaum Gottesman and Robert Gottesman gave $9.8 million to the department of pediatrics at NYU Langone Health to help spur innovation in pediatric research. 

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