The health technology segment in India, which comprises about 10,000 startups, is projected to triple in value by 2028 as investors shift their focus towards businesses that can withstand economic disruptions.
A new report by global management consultant Bain & Company, in collaboration with Indian healthcare-focused venture fund HealthQuad, delved into the local healthcare innovation market...
Magentus taps Google Cloud for genAI
Magentus has engaged Google Cloud to help it build a "centralised and secure" foundation for customer data in the cloud, leveraging generative AI solutions and large language models.
The health IT provider intends to assist clinicians in easily accessing information and simplifying the way they extract insights from complex, unstructured medical data, which...
Assisted reproductive service provider Virtus Health is taking its customer relations management to the cloud, enhanced by AI.
It has chosen American company RingCentral to deliver an integrated communications and contact centre solution across its 62 fertility clinics, day hospitals, and diagnostics centres worldwide, mostly in Australia. Featuring RingCentral MVP and Contact Centre, the...
Publicly listed Daewoong Pharmaceutical has recently unveiled its AI-driven drug development system, powered by a database of hundreds of millions of pre-processed compounds.
WHAT IT'S ABOUT
Over the past two years, researchers of the Seoul-based pharma giant have sought to solve perennial issues in the development of novel drugs, particularly high cost and low efficiency.
Serving as the...
Waltz Health, a digital search engine for prescription pricing and reimbursement, announced its move into the Medicare market.
The Chicago-based company will provide health plans supporting Medicare beneficiaries in accessing lower prescription drug prices via its Marketplace Search technology, an AI-enabled search engine that health organizations can give their consumers that utilizes data from...
Best Practice integrates genAI
Practice management system brand Best Practice Software is set to introduce a new transcription tool run by generative AI.
The company recently partnered with Lyrebird Health to integrate the Lyrebird Scribe into its software offering. The tool automatically generates medical documentation such as patient notes during the consultation process, filters out...
Indian medical imaging AI company InMed AI has released a new AI-powered tool for screening traumatic brain injuries (TBI).
The Neuroshield CT TBI is a decision support tool for detecting and quantifying intracranial haemorrhage, fracture, and midline shift. Utilising AI, it automatically processes brain CT images and alerts clinicians of critical findings.
Commenting on the technology, Dr...
India-based healthcare and life sciences technology provider and consultant CitiusTech has claimed to come up with what could be the industry's first generative AI quality and trust solution.
Based on a press statement, the CitiusTech Gen AI Quality & Trust solution aims to help with the design, development, integration, monitoring of, and facilitating quality and trust in genAI applications...
Despite the growing demand for virtual healthcare solutions, patients still harbor apprehensions over the use of AI in medical diagnosis, according to a survey from The Clinic by Cleveland Clinic, a joint venture between Cleveland Clinic and telehealth giant Amwell.
The survey found the availability of virtual second opinion (VSO) services made it far more likely for respondents to follow...
Detect-Ion, a startup focused on the detection and identification of chemical, biological, radiological, nuclear and explosive substances, announced it had secured a research contract with the Intelligence Advanced Research Projects Activity (IARPA), a government agency within the Office of the Director of National Intelligence, to develop a sensor to identify aerosol-based chemical threats.
The...
