Artificial intelligence is being used across the healthcare industry with the goal of delivering care more efficiently and improving outcomes for patients. But if health systems and vendors aren't careful, AI has the potential to support biased decision-making and make equities even worse.
"Algorithmic bias really is the application of an algorithm that compounds existing inequity," Sarah Awan,...
UK-based men’s health platform Numan has raised $20 million (£14.7M) in growth debt from Kreos Capital.
The financing completes a $60.1 million (£44.3M) Series B round, led by White Star Capital, with participation from Novator, VNV Global, and Anthemis Exponential.
WHAT IT DOES
Numan offers a digital subscription service for men’s health issues, including hair loss, gut and lung health, sexual...
The British medtech company Brainomix has announced that it has closed a series B funding round with a total investment of approximately £16 million.
The previous investors Parkwalk, Boehringer Ingelheim Venture Fund (BIVF) and Oxford University Innovation Fund (OUIF), who are participating again in this round, have been joined by Tencent Holdings.
WHY IT MATTERS
Brainomix recently took the ...
Berlin-based Lindera will use the €6 million funding to help secure international growth and expand its use of artificial intelligence in the healthcare sector.
WHY IT MATTERS
Studies show that the Lindera SturzApp sustainably reduces the risk of falls by up to 20% in older populations and creates time and resource for care-giving staff.
The app is currently in use in more than 350 care...
Israel-based Sheba Medical Centre and the Swedish Karolinska University Hospital will work together in digital health, with the aim of bridging the gap between healthcare, research and innovation.
WHY IT MATTERS
Developing strategic partnerships between international hospitals is seen as a key area in order to combine knowledge and skill in bringing new solutions in digital healthcare that will...
AI-enabled imaging company Aidoc is partnering with ScreenPoint Medical, the maker of an AI product for 2D and 3D mammography.
The collaboration will allow Aidoc to integrate ScreenPoint’s tech into its platform, which Aidoc positioned as the “natural next step” in providing a practice-wide radiology tool.
ScreenPoint’s algorithm assists radiologists in assessing 2D and 3D mammograms. This, the...
Device-maker SPR Therapeutics raised $37 million in a Series D funding round led by Revelation Partners with participation from River Cities Capital and Mutual Capital Partners.
SPR plans to use the cash to speed the commercial use of its pain-relief device, the SPRINT Peripheral Nerve Stimulation System, fund clinical studies and invest in new technology.
“This additional funding will allow us...
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