Business
The funds will be used to speed up global adoption of AI algorithms on Philips Lumify Handheld Ultrasound to help rural providers identify abnormalities during pregnancy.
Butterfly Network reports decreased total revenue in the third quarter, and teletherapy company Talkspace shows a 32% increase in revenue over the prior-year period.
Also, new AI-powered mobile apps in Hong Kong support at-home stroke rehabilitation and the mental health of parents of children with special education needs.
The Washington-based company will combine Naring Health, DiscernDx and Foodome's resources with its own offerings to develop personalized nutrition options.
The acquisition combines IKS Health's tech-enabled ambulatory care offerings with AQuity's acute care solutions pertaining to clinical documentation.
The company also finalized its acquisition of fellow AI-powered radiology quality assurance company CoRead.
The company reported third-quarter revenue of $4.8 billion, comparable to its first and second-quarter revenue of $4.7 billion and $4.8 billion, respectively.
A GSR Ventures survey revealed 71% of investors believe the tech is changing their investment strategy "somewhat," and 17% say it changes their strategy "significantly."
California-based care coordination platform Pair Team scores $9 million, and healthcare job-marketplace and recruiting platform Prolucent garners $4 million.
The investment firm's portfolio includes tech-enabled drug-discovery startup Insilico and fertility-benefits manager Carrot Fertility.