Business
Before deciding how and when to adopt AI, Nicolas Ostrowski of Future Processing advises businesses to have a technology roadmap, sound data practices and strong cybersecurity in place.
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Hospital pricing data can be difficult for consumers to understand. Cody Coonradt, Billy's CEO and founder, says the company's app puts this data into a user-friendly interface that patients can use to save money on care.
ReviR Therapeutics secures $30 million for its drug discovery platform. RetiSpec raises $10 million for its eye-diagnostics offering. SoundHealth scores $7 million for its acoustics medical device for nasal congestion.
The company will use the funds to accelerate its growth and build its product offerings.
Scopio Labs secured $42 million in Series D funding, and robotics company NAVIGANTIS closed a $12 million Series A round.
The company's first feature to emerge is its "smart notes." It generates clinical notes for providers based on conversations with Talkspace members.
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Mark Polyak, president of global data management at IPSOS, says LLMs can "talk" to patients about administrative tasks like scheduling, but bias and model compatibility must be addressed before clinical deployments.
Harvard research associate Brian Spisak discusses how a "leadership-first, tech-last" approach can prevent organisations from deploying ticking time bombs.
The funding comes less than a year after the virtual mental health company closed a $125 million Series C funding round.
The three companies will collaborate with Mayo Clinic nurses to create a genAI documentation workflow tool that will integrate into Epic nursing workflows.