GE Healthcare (NYSE:GE) announced today that it launched the Edison HealthLink computing technology for healthcare providers. Edison HealthLink is designed specifically to allow clinicians to collect, analyze and act upon critical data closer to its source, offering 10 applications, such as TrueFidelity image reconstruction, Mural virtual care and CT smart subscription, and giving providers another entry […]
Health Technology
Medtronic CEO Geoff Martha: ‘Time to be bold and add grit’
Medtronic (NYSE:MDT) CEO Geoff Martha has no intention of slowing the medtech giant down amid the COVID-19 pandemic. Speaking during the Fridley, Minn.-based company’s “Investor Day” virtual presentation, Martha made one thing clear: “We are going on the offensive,” Martha said at the start and echoed throughout the program. About six months into his tenure as […]
AI could boost Edwards’ critical care business
Critical care comprises nearly 20% of Edwards’ revenue. Its continued growth is connected to the prominence of the company’s heart valve business. Katie Szyman spent 23 years at Medtronic, a giant in the Medtech industry, but a patient-focused outlook became a driving force behind a change for her. Wanting to work for a California-based company […]
Lumenix acquires AI monitoring system from Boston Children’s Hospital
Lumenix announced that it acquired the SIMPeds artificially intelligent monitoring system (AIMS) prototype from Boston Children’s Hospital. Boston Children’s Hospital’s SIMPeds system is designed to apply AI and computer vision to ensure adherence to hand hygiene protocols to prevent the spread of hospital-acquired infections, according to a news release. By using advanced sensor technology and […]
Imbio, Genentech partner on AI for lung imaging
Imaging AI company Imbio has partnered with the Roche Group’s Genentech business to develop quantitative imaging diagnostics for lung diseases. The multi-year agreement, announced yesterday, leverages Minneapolis-based Imbio’s expertise to build and deploy medical imaging AI technology for use in research, clinical trials and clinical practice. “We are excited to partner with Genentech and we […]
Avail grabs $100M to build OR telemed network
Avail Medsystems closed on $100 million for a Series B round to fund the company’s plan to provide free telemedicine equipment that can connect surgeons, interventional specialists and medical device sales reps. In an announcement issued this morning, Avail said the round was led by D1 Capital Partners, with participation from 8VC and existing investors. […]
DTW Podcast: New tools helping medtechs overcome COVID19 challenges
In this week’s DeviceTalks Weekly Podcast, senior executives from Avail Medsystems and AliveCor detail how their tools are helping medtechs remain in contact with both physicians and patients. In the keynote interview with Daniel Hawkins, CEO of Avail Medsystems, says the company’s Procedural Telemedicine system will allow medical device sales representatives to observe more procedures […]
GE Healthcare kicks off AI in imaging project in France
GE Healthcare (NYSE:GE) announced that it launched its AI DReAM project for facilitating artificial intelligence use in medical imaging. The consortium is slated to gather French companies, research labs and clinical centers to aid in the development of AI in the imaging space. With €13 million in funding from the “Investments for the Future” program led […]
FDA allows at-home capsule endoscopy administration
CapsoVision announced that it received FDA enforcement discretion to allow at-home administration of its CapsoCam Plus. Saratoga, Calif.-based CapsoVision’s CapsoCam Plus is a small bowel capsule endoscope intended for the visualization of the small bowel mucosa in adults. It does not require external equipment to be worn by the patient and it can be returned […]
NeuroMetrix launches Quell app for Apple Watch
NeuroMetrix (NSDQ:NURO) announced that it launched the Quell Watch App for transcutaneous electrical nerve stimulation (TENS). Woburn, Mass.-based NeuroMetrix’s Quell app, which is now available for download from the Apple App Store, allows users of the Quell system to personalize and manage their therapy discreetly on iPhone and Android smartphones, according to a news release. Quell […]
Medasense raises $18M Series C
Pain-response monitoring technology developer Medasense Biometrics announced today that it raised $18 million in a Series C funding round. Ramat Gan, Israel-based Medasense collected the $18 million Series C round from Sabadell Asabys venture capital firm (Asabys Partners of Spain), Israeli family offices and returning investors Baxter Ventures, Olive Tree Ventures and LGL Capital, according […]