Business
The acquisition combines IKS Health's tech-enabled ambulatory care offerings with AQuity's acute care solutions pertaining to clinical documentation.
The company also finalized its acquisition of fellow AI-powered radiology quality assurance company CoRead.
The company reported third-quarter revenue of $4.8 billion, comparable to its first and second-quarter revenue of $4.7 billion and $4.8 billion, respectively.
A GSR Ventures survey revealed 71% of investors believe the tech is changing their investment strategy "somewhat," and 17% say it changes their strategy "significantly."
California-based care coordination platform Pair Team scores $9 million, and healthcare job-marketplace and recruiting platform Prolucent garners $4 million.
The investment firm's portfolio includes tech-enabled drug-discovery startup Insilico and fertility-benefits manager Carrot Fertility.
Also, DeepTek has obtained another 510(k) from the US FDA for its AI solution.
AI-enabled pharma manufacturing-compliance platform Leucine secured $7 million, and virtual obesity-treatment company Ilant Health scored $3 million.
The company developed an AI-powered intravascular catheter-based ultrasound that allows providers to capture more precise images of the inside of one's blood vessels.
The partners were awarded a grant under the UK–Switzerland Bilateral: Collaborative R&D program to develop an AI-enabled stroke diagnosis and treatment platform.