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ColdVentures Unveils FDA-Approved ColdVest to Prevent Heat-Related Deaths
– ColdVentures, a medical device innovator, has unveiled the ColdVest – a groundbreaking wearable technology designed to prevent heat stroke fatalities. – The ColdVest is the first-of-its-kind, Class 1 FDA-approved portable emergency cooling device. It is designed to bridge the critical gap between heat stroke onset and emergency medical intervention, potentially saving lives.
PwC: Pharma & Biotech Dealmaking Heats Up Despite Uncertainties
– The pharmaceutical and life sciences (PLS) sector is experiencing a resurgence in dealmaking activity, with a 20% increase in deal volume over the past year reported, according to PwC’s latest US Midyear Deals 2024 Outlook for Pharmaceutical and Life Sciences. – M&A activity in the PLS sector is...
Sanofi and Biovac Join Forces to Manufacture Polio Vaccines in Africa
– Sanofi, a global healthcare leader, and Biovac, a prominent South African biopharmaceutical company, announced a landmark partnership. This collaboration aims to establish local manufacturing of inactivated polio vaccines (IPV) in Africa, serving the needs of over 40 African countries. – Under this new partnership, Sanofi will continue producing the...
BSIM Healthcare Services to Deploy Innovaccer’s AI Platform to Empower Value-Based Care for Underserved Communities
– Innovaccer Inc., a healthcare artificial intelligence (AI) company, today announced a significant partnership with BSIM Healthcare Services. – BSIM, dedicated to delivering high-quality care to underserved communities, will leverage Innovaccer’s AI-powered platform to optimize its value-based care model and improve health outcomes for the populations it serves. BSIM...
Johnson & Johnson MedTech Launches Digital Ecosystem for Surgery
– Johnson & Johnson MedTech introduces Polyphonic™, a groundbreaking digital ecosystem designed to revolutionize surgical collaboration and workflow. – The open and secure platform offers a suite of software applications focused on delivering valuable insights exactly when and where surgeons need them. Unlocking the Power of Surgical Video Data.
Emergency Services to Deploy Augmedix Generative AI Solution to Relieve Clinician Burnout in ED
– Emergency room physicians in central Ohio are getting a helping hand from artificial intelligence (AI). Emergency Services Inc. (ESI), a physician-owned group serving the second-largest healthcare system in the region, has announced the deployment of Augmedix Go ED, an AI-powered medical documentation solution. – Developed by Augmedix (Nasdaq: AUGX),...
knownwell Acquires AI-Powered Weight Loss Platform Alfie Health
– knownwell, a weight-inclusive primary care and metabolic health company, has acquired Alfie Health, an AI-driven obesity management clinic. – This acquisition follows knownwell’s $20 million Series A funding led by Andreesen Horowitz and includes the addition of key C-suite executives to support its expansion. Expanding Access to Tailored,...
AKASA Unveils Generative AI Coding Solution
– AKASA, the preeminent provider of end-to-end generative AI (GenAI) solutions for the revenue cycle, announced the release of AKASA Medical CodingTM, a first-of-its-kind GenAI assistant to transform the $23B medical coding field. – AKASA Medical Coding puts the power of GenAI at medical coders’ fingertips, enabling them to work...
Evidation Launches MigraineSmart App to Empower Migraine Sufferers with Self-Management Tools & Research Opportunities
– Evidation, a company dedicated to improving health measurement in daily life, today announced the launch of MigraineSmart – a program on their app designed to empower migraine sufferers with self-tracking tools and research opportunities. – Migraine is a chronic and debilitating condition impacting over 40 million Americans, with...
Using Network Data to Improve the Performance & Security of Clinical Apps
From diagnosis to prescription, each facet of healthcare delivery hinges on the reliability of digital infrastructure in assuring the patient-care experience. Technical issues can impact diagnostic tests, disrupt scheduling, impair the delivery of prescription services, damage campus-wide communications, and ultimately, harm the patient-care experience. To prevent this type of risk,...
Boston Scientific Acquires Silk Road Medical for $1.16B, Bolstering Stroke Prevention
– Boston Scientific Corporation (NYSE: BSX) announced a definitive agreement to acquire Silk Road Medical, Inc. (Nasdaq: SILK) for approximately $1.16 billion ($27.50 per share). Silk Road Medical is a leading innovator in minimally invasive stroke prevention technologies for patients with carotid artery disease. – The acquisition strengthens Boston Scientific’s...
Upswing Health & Hinge Health Partner for Virtual Orthopedics
– Upswing Health, the surgeon-founded virtual orthopedic care company, today announced a partnership with Hinge Health, a company dedicated to transforming the way that musculoskeletal (MSK) conditions are prevented and treated, while lowering costs and improving outcomes. – This collaboration aims to provide an integrated care experience for clients utilizing...
WakeMed Deploys Real-Time Care Intelligence to Enhance Care Coordination
– Bamboo Health, the leader in Real-Time Care Intelligence™, has teamed up with WakeMed, a nationally recognized 970-bed not-for-profit health care system founded and based in Raleigh, N.C., to enhance care collaboration and further improve patient care outcomes. – By integrating a suite of cohesive Bamboo Health solutions across...
Athos Therapeutics Taps Vultr Cloud GPU to Power AI Drug Discovery Engine
– Vultr, the world’s largest, privately-held cloud computing platform, today announced that Athos Therapeutics, Inc. (“Athos”), a clinical-stage biotechnology company, has chosen Vultr Cloud GPU to run its AI model training, tuning, and inference. – Powered by NVIDIA HGX H100 systems and running on Dell Technologies’ PowerEdge...
Alarming Nurse Shortage Threatens Healthcare System, But Solutions Emerge
– A new report by Incredible Health, the leading platform for connecting nurses with healthcare employers, paints a concerning picture of the American healthcare system. The report, titled “2024 Healthcare Executive Report,” reveals a crisis brewing – a deepening shortage of nurses that threatens patient care. –...
Hospital Leaders Grapple with Workforce Shortages, Tech Risks, and Financial Pressures: FTI Consulting Survey
– FTI Consulting’s inaugural Hospital Operations Outlook Survey paints a picture of a healthcare industry navigating a complex post-pandemic environment. While hospitals strive to meet the evolving needs of patients and communities, they grapple with significant challenges, including workforce shortages, financial pressures, and the ever-present threat of cyberattacks. –...
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