Bipartisan Senators introduced the Health Tech Investment Act (S. 1399), which would establish a Medicare reimbursement pathway for FDA-cleared medical devices that utilize artificial intelligence and machine learning.  The bill, introduced by Senators Mike Rounds (R-S.D.) and Martin Heinrich (D-N.M.), seeks to amend title XVIII of the Social Security Act to “ensure appropriate payment of […]

Building a sauna in your backyard sounds like a dream, doesn’t it? A perfect, cozy escape from the hustle and bustle of daily life. Somewhere you can unwind, relax, and enjoy the healing benefits of heat therapy. At least, that’s what I thought when I decided to take on the project of building my own

Neuranics, a Scottish deep-tech semiconductor company, has secured $8 million in seed funding for its magnetic sensing technology. Blackfinch Ventures led the round, with participation from Archangels, Old College Capital, the University of Glasgow, Par Equity and the University of Edinburgh’s venture investment fund.  WHAT IT DOES Neuranics offers ultra-sensitive, low-power magnetic sensing technology that

Bliss Aesthetics, a company that connects patients to plastic surgeons, announced it secured $17.5 million in seed funding. Shine Capital led the round with participation from Synchrony Ventures, Sheva Ventures, Point72 Ventures and Cerca Partners. WHAT IT DOES Bliss Aesthetics matches patients to board-certified plastic surgeons. Its genAI platform gives patients the ability to visually

Texas-based healthcare data analytics company MedeAnalytics announced it is collaborating with fellow healthcare data analytics firms Socially Determined and Mathematica. The companies launched “Social Risk Insights, Measures and Outcomes,” a program built on the MedeAnalytics Heath Fabric platform launched earlier this month.  Health Fabric, which is on the Snowflake AI Data Cloud, allows “organizations to

Transcarent, a digital platform focused on the self-insured employer market, announced it finalized its merger with Accolade, a virtual healthcare and benefits navigation company, in a deal worth $621 million. Transcarent announced that it was acquiring Accolade and taking it private in January. Accolade is now an indirect wholly owned subsidiary of Transcarent. In a

Seoul National University Hospital has developed what could be the first medical large language model in South Korea. The project to develop the medical LLM began last year in March. The SNUH research team started by collecting 38 million clinical texts, including hospital admissions, outpatients, surgical, prescription, and nursing records, and de-identified and anonymised them

Samsung announced a joint research initiative with Stanford Medicine to enhance the Galaxy Watch’s sleep apnea detection feature and create new AI-enabled innovations for proactive care. The sleep apnea detection feature, which received FDA De Novo authorization last year, uses Samsung’s Health Monitor app to detect signs of moderate to severe obstructive sleep apnea in

Oncology-focused digital health company Flatiron Health announced it entered into a strategic partnership with Massive Bio, a company that helps cancer patients find and enroll in clinical trials. Flatiron Health is an oncology-focused health technology company that offers a platform aimed at optimizing the clinical trial process, including selecting trial sites and identifying patients who

Mass layoffs at the U.S. Department of Health and Human Services (HHS), including the Food and Drug Administration (FDA), will impact the medical device regulatory process, says Ben Wolf, partner in Alston & Bird’s Health Care Group.  Wolf, an FDA attorney, sat down with MobiHealthNews to discuss how staffing cuts at the Agency could lead