Mendaera, a robotics company, announced it has been granted FDA 510(k) clearance for Focalist, a handheld robotic system, which aims to combine handheld robotics with real-time imaging to enable clinicians to place needles with precision.  Mendaera said the system integrates robotics, ultrasound imaging and advanced software to make medical procedures more accessible.  Among Focalist’s features […]

Tax, audit and advisory firm KPMG announced a collaboration with generative AI company        Hippocratic AI to use its agents to address global workforce shortages. Hippocratic AI’s Polaris Constellation architecture includes generative AI healthcare agents aimed at helping with a range of healthcare workflows from patient intake to care management follow-up calls. In a statement, KPMG

WakeMed Health & Hospitals, a health system based in Raleigh, North Carolina, faced a significant challenge regarding its electronic health record. Dollars and quality points matter deeply to health systems, and the EHR is central to generating both revenue and quality scores. THE CHALLENGE However, improving the accuracy of documentation required asking physicians to spend

Argon AI has announced it secured $5.5 million in seed funding.  Crosslink Capital and Wireframe Ventures co-led the round, with participation from Y Combinator, Pioneer Fund and other investors. WHAT IT DOES Argon AI offers a platform aimed at helping life sciences companies automate data-intensive workflows. Its AI assistants help with repetitive, manual and rote

Microsoft has developed an AI-enabled diagnostic system, the Microsoft AI Diagnostic Orchestrator (MAI-DxO), which can accurately diagnose complex medical cases at a rate more than four times higher than human doctors, according to a recent experiment. “When paired with OpenAI’s o3 model, MAI-DxO achieves 80% diagnostic accuracy–four times higher than the 20% average of generalist

Apollo Hospitals is looking to spin off its digital health and pharmaceutical business as part of a strategic reorganisation. WHAT IT’S ABOUT On 30 June, the company’s board proposed to demerge the digital health and omnichannel pharmaceutical business into a separate entity. This unnamed entity will be made up of Apollo’s existing telehealth services, digital

Teleflex, a medical technology company, announced that it has finalized its acquisition of the vascular intervention business of Biotronik. In February, Teleflex entered into a definitive agreement with Biotronik to acquire its vascular intervention business for $895 million (€760 million).  Teleflex’s offerings include vascular and interventional access, surgical, anesthesia, cardiac care, urology, emergency medicine and

European private equity firm Nordic Capital has acquired a majority stake in data analytics company Arcadia through a newly announced strategic partnership. Boston-based Arcadia is a healthcare data platform that supplies providers with tools for network administration, managing payments, improving processes regarding visit access and referrals, and overseeing preauthorization.  Nordic Capital, headquartered in Stockholm, says

A bankruptcy judge has approved the sale of 23andMe to the nonprofit TTAM Research Institute, owned by cofounder and former CEO of 23andMe Anne Wojcicki, thereby ensuring that the DNA of the company’s customers will not be transferred to a third party.  Publicly traded 23andMe collects saliva-based DNA from customers via its testing kits to provide

Suki, an AI-backed voice tool for healthcare, announced its expanded integration with MEDITECH, an EHR company, enabling Suki to generate and forward clinically-generated notes directly into MEDITECH’s Expanse EHR offering.  The company’s Suki Assistant is an AI-enabled voice tool that generates notes, does dictation, recommends codes and answers clinicians’ questions. The offering can be used