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March of Dimes' Innovation Fund makes first investment in virtual OB-GYN assistant
The innovation arm of March of Dimes, the nonprofit aiming to improve maternal and child health, made its first investment into Iron Health, a company that develops virtual tech assisting OB-GYNs, as part of the company's $4.5 million seed funding round. -
Toby Cosgrove joins $60M healthcare innovation venture fund
Nirvana Healthcare Ventures, a venture capital fund with $60 million in its fund to invest in healthcare innovation across the Midwest, has named former Cleveland Clinic CEO Toby Cosgrove, MD, as an advisor. -
Hospital ghosts? Report says Microsoft's BioGPT riddled with inaccuracies
Microsoft's BioGPT medical generative artificial intelligence tool is riddled with inaccuracies and misinformation that could be dangerous to patients, Futurism reported. -
1st all-electric life sciences development in California secures $310M
Avia Labs has secured a $310 million loan for the construction of the first all-electric life sciences development in California, connectcre.com reported March 7. -
NTx names former Dell and IBM leader CEO
Life sciences company NTx has named Jamie Coffin, PhD, a former leader at Dell and IBM, its new CEO. -
Looking Ahead: Trends in AI for Radiology
The past decade of increasing interest and progress in Artificial Intelligence (AI) based solutions for medical imaging has set the stage for a number of trends that are likely to appear or intensify in the near future. -
Mental health platform founded by Stanford professor launches with $6M
Wave Life, a digital mental health platform aimed at supporting Generation Z, raised $6 million in seed funding. -
51 health companies make Forbes list of best startup employers
Forbes compiled a list of the best startup employers based on employer reputation, employee satisfaction and growth, and 51 health companies made the list. -
Less documentation burden, more time with patients: Lessons learned in AI from Central Virginia Family Physicians Medical Group
For physicians, administrative overload is all too common and its effects are insidious. EHR systems, optimized for billing rather than documenting information quickly and effectively at the point of care, aren't supportive in capturing clinical notes. As a result, the burden of fragmented documentation has grown, leading to exhausted physicians — a problem that healthcare leaders can't afford to ignore. -
AI will drive personalized healthcare, but ChatGPT not there yet, Johns Hopkins expert says
There may soon come a day when artificial intelligence scans your EHR to give your physician a unique medical picture of you so he or she can forecast where your health is going next, says Rama Chellappa, PhD, an engineer at Baltimore-based Johns Hopkins University. -
Mass General to explore VR therapeutics
Boston-based Massachusetts General Hospital is partnering with virtual reality therapeutics company Rocket VR Health on an 80-patient trial that will study the effect VR has on the quality of life for blood cancer patients. -
Atrium, Best Buy partner on home-based care
Best Buy entered into a partnership with Charlotte, N.C.-based Atrium Health, a part of Advocate Health, to enhance its hospital-at-home program. -
Mayo, Atrium + more building new innovation hubs
Here are three new healthcare innovation hubs being built: -
Weill Cornell launches AI-powered provider matching
New York City-based Weill Cornell Medicine is partnering with healthcare artificial intelligence company Hatchleaf to use machine learning and AI to match patients with providers. -
Cleveland Clinic, Ascension, Kaiser among 42 health systems chosen for $50M innovation project
Forty-two hospitals and health systems have signed on to a new $50 million innovation initiative from the Patient-Centered Outcomes Research Institute, which was created by the ACA in 2010. -
North Shore Health to use simulation training tech for clinical practice
The North Shore Health Care Foundation is dedicating $57,000 to purchase simulation training technology for Grand Marais, Minn.-based North Shore Health. -
Mayo Clinic set to build 120-acre innovation hub in Arizona
Rochester, Minn.-based Mayo Clinic plans to start building a 120-acre innovation hub soon at its Arizona campus, the Phoenix Business Journal reported. -
Investment firm raises $500M to target healthcare innovation
Investment firm B Capital closed its inaugural $500 million B Capital Healthcare Fund I; the fund will target all sectors of healthcare, from biotech to digital health. -
The 10 medical specialties with the highest share of remote patient monitoring claims
As remote patient monitoring among the top 10 CPT codes grew thirteenfold from 2019 to 2022, these medical specialties had the highest share of claims, according to a March 1 report from data company Definitive Healthcare. -
U of Kansas Health System rolls out AI to save time spent on documentation
The University of Kansas Health System is partnering with AI-powered medical documentation company Abridge to roll out generative AI technology to more than 140 locations.
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