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By Jonah Comstock April 19, 2019
For the over-65 population, falling can be a serious health risk. Three million older people each year are treated in emergency rooms for fall-related injuries, according to the CDC, and one in four older adults falls each year. But the options for guarding against falls are limited. For a long time, the standard of care has been a “personal emergency response system” or PERS device — a pendant...
By Dave Muoio April 18, 2019
Door closes on drug discovery. IBM is tapering off sales of its Watson for Drug Discovery product in favor of other healthcare offerings using the AI technology, STAT reported this morning. The decision was made in response to weak demand and purchases from customers. "We are focusing our resources within Watson Health to double down on the adjacent field of clinical development where we see an...
By Laura Lovett April 18, 2019
While smartphones are yet to replace the eyes as the window into the soul, there is a budding conversation around the technology serving as window into an individual’s wellbeing. Biomarkers from smartphones, such as GPS, usage and physical activity, are now being used by providers and employers as an indicator of mental health. Patients' willingness to share passive smartphone data varies...
By Dave Muoio April 18, 2019
Editor's note: This story has been updated to specify that the telehealth app downloads ranked in the report do not necessarily reflect the entirety of those companies' businesses. Consumers worldwide are downloading and spending money in medical apps more than ever, suggests a market behavior analysis released this week by mobile data and analytics company App Annie. Global downloads of these...

Photo illustration by Jonah Comstock

By Jonah Comstock April 18, 2019
Israel and Finland — two countries that have notably made digital health a focus of their economies — announced this week that they will work together to advance the field, starting with a Call for Proposals for joint projects between Finnish and Israeli companies. The pilot project is being led by Helsinki Business Hub and the Israeli Innovation Authority, which will offer funding and services...
By Laura Lovett April 18, 2019
This week Swedish startup NuvoAir, best known for making respiratory monitors, scored $3 million in new funding. The latest round was led by Inustrifonden, with participation from Investment AB Spiltan.  WHAT THEY DO The company made a name for itself with a smartphone spirometer able to conduct lung function assessments in a home environment.  Last year the company launched the Air Next system,...
By Dave Muoio April 18, 2019
Yesterday PathAI, a Boston-based maker of artificial intelligence tools for pathology, closed a $60 million Series B funding round led by General Atlantic. Other existing investors, most notably General Catalyst, also participated in the round. To monitor its investment, General Atlantic Managing Director Dr. Michelle Dipp will also be joining the AI company’s board of directors. WHAT THEY DO...

Credit: Aidoc

By Dean Koh April 18, 2019
Aidoc, an Israel-based provider of AI solutions for radiologists, announced that it has raised $27M, bringing its total funding to $40M. The Series B round, led by Square Peg Capital, will be used to grow Aidoc's technology and go-to-market team to support the high market demand for its products. The funding comes as Aidoc announced that it has analysed its millionth patients CT scan in real-time...

Helsinki, Finland; Getty Images

By John Otrompke April 18, 2019
The University of Helsinki in Finland recently announced the creation of a new research centre dubbed iCAN – the Digital Precision Cancer Medicine Platform – that aims to use an existing data lake and other faculties to build a precision cancer medicine toolbox. According to Miikka Korja, associate professor of neurosurgery at Helsinki University Hospital and chief information officer at Flagship...
By Dave Muoio April 17, 2019
Adoption and interest in telehealth technology for patient consultations has increased substantially over the past few years, according to a new physician survey released by telehealth provider American Well. The survey, which was conducted by M3 Global Research, polled 800 US physicians in late 2018. Of these, 62.5 percent were primary care physicians and the remainder were specialists....

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