Better Therapeutics (Nasdaq:BTTX) announced today that it is terminating its employees and will explore strategic alternatives. Among those alternatives, the company could consider assignment for the benefit of creditors and/or a wind-down of the company. The San Francisco-based digital therapeutics maker came to the decision at a special meeting of its board on March 13. […]
Digital Health
GE HealthCare, Mass General bring AI to imaging
GE HealthCare announced today that it plans to expand its AI partnership with Mass General Brigham. The two began work on AI solutions after announcing a 10-year commitment in 2017. They set out to explore AI across a broad range of diagnostic and treatment paradigms through sustainable AI development. In September, they announced an effort […]
Philips, AWS expand partnership on digital pathology in the cloud
Philips today announced an expanded partnership with Amazon Web Services (AWS) based around digital pathology in the cloud. The two initially linked up about a year ago, inking a deal to develop generative AI applications. This partnership centered around Philips’ imaging archiving and communications system. It wasn’t the first time a medtech giant linked up […]
Innovation Zed, Enhance-D collab on insulin dosing management
Innovation Zed announced this week that it entered into a strategic partnership with Enhance-D to optimize diabetes therapy. Switzerland-based Enhance-D develops a digital health platform for enhancing diabetes and exercise management. It designed its platform to empower people with diabetes through cutting-edge technologies and personalized solutions. Ireland-based Innovation Zed develops insulin dosing technology, including the […]
Karl Storz launches surgical education tech for Apple Vision Pro
Karl Storz announced that it released the CollaboratOR 3D app for Apple Vision Pro to provide immersive surgical education. This marks yet another medtech application on Apple’s VR headset, with Siemens Healthineers and Stryker recently unveiling similar offerings. Karl Storz designed its application in tandem with software developer T1V to complement the functionality of OR1, […]
Medtronic launches intelligent data collection tech for spine surgery
Medtronic announced that it launched its UNiD ePRO service in the U.S. to provide electronic patient-reported outcomes (PROs) to spine surgeons. The medtech giant believes its service, created through a partnership with OBERD, could change patient outcome collection. With OBERD, a practice intelligence data collection company, Medtronic hopes to reduce the burden on clinical staff […]
Siemens Healthineers launches surgical planning app on Apple Vision Pro
Siemens Healthineers announced that it launched an app for surgical planning and medical education on the Apple Vision Pro. The Cinematic Reality app enables users to view immersive, interactive holograms of the human body captured through real-world medical scans. Surgeons, medical students or patients could use this technology. Visualizing through the app could assist in […]
iRhythm proposes $450M offering
iRhythm announced today that it intends to offer $450 million in convertible senior notes. San Francisco–based iRhythm plans to offer the notes — due 2029 — to qualified institutional buyers. It intends to grant initial purchasers a 13-day option to buy up to an additional $67.5 million in notes. The notes will be senior, unsecured […]
iRhythm teams up with Epic to streamline Zio access
iRhythm announced that it plans to use Epic’s Aura platform to streamline access to its Zio long-term monitoring and telemetry services. With this collaboration, iRhythm can make Zio more readily available to healthcare providers using Epic. That also applies to the more than 250 million patients in the U.S. who have a health record in […]
Masimo stock dips despite Street-beating Q4
Masimo shares fell slightly despite fourth-quarter results that came in ahead of the consensus forecast. Shares of MASI dipped 2.6% at $126.76 apiece in midday trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — fell 0.3%. The Irvine, California–based patient monitoring technology developer posted profits of […]
GE HealthCare, Biofourmis collab on at-home patient monitoring
GE HealthCare announced today that it entered into a collaboration with Biofourmis to enable safe, effective, accessible care in the home. The two companies paired up to support the patient journey beyond the hospital setting. Their collaboration leverages combined expertise in innovative care-at-home solutions. They say hospital systems face increased costs of care due to […]