Canada's federally funded Global Innovation Cluster for digital technologies, known as DIGITAL, has made a significant investment of $15.3 million in the Health Compass II project, aiming to propel the integration of artificial intelligence (AI) into the healthtech sector. This project, which
Samsung has made significant strides in expanding its wearable technology portfolio by unveiling the AI-powered Galaxy Ring at a product launch event in Paris on July 10, 2024. This new entry into the smart ring market marks Samsung's first foray into this category and underscores the
Carle Health, a reputable healthcare system based in Illinois, has recently embarked on a significant technological journey by partnering with Nabla, a leading company specializing in ambient AI scribe technology. This collaboration is set to foster a transformation within Carle Health's
In recent years, primary care has witnessed a transformative shift driven by advancements and initiatives in digital transformation and automation solutions. Healthtech-1, a prominent player in this field, has recently secured £2.7 million in seed funding to enhance their automation offerings aimed
The increasing frequency and intensity of cyberattacks targeting major US healthcare sector technology firms are raising significant concerns. Recently, HealthEquity, a well-known provider of health savings account services, experienced a serious breach that compromised its business partner's
The healthcare industry is at a critical juncture when it comes to cybersecurity. As it adopts advanced technologies, the need for robust cybersecurity measures becomes more pressing. Recent data indicates that healthcare organizations are particularly vulnerable to cyberattacks, with an overall B+
Rapid advancements in AI-enabled wearables are reshaping healthcare paradigms, while India's stock market showcases robust activity and positive trends. AI-enabled wearables, including devices like wristbands, patches, and smart clothing, are altering the landscape of healthcare with real-time
In a significant move to expand its telehealth capabilities, virtual care company eVisit has acquired tele-consult technology from UPMC. This acquisition aims to enhance eVisit’s ability to serve health systems across both ambulatory and inpatient care settings. Although financial details were not d
In the United States, healthcare is a fragmented sector with a pronounced disparity in data sharing between health plans and healthcare providers. This information asymmetry tilts the balance of power toward health plans, leaving providers in the dark about crucial financial data necessary for
In a landscape marked by surging expenditures and lingering financial impacts from recent years, the U.S. healthcare system faces the dual challenge of improving patient outcomes while maintaining financial stability. This urgency is underscored by the industry's monumental spending, which
