Author: yourhealthtech

Mayo Clinic, a world leader in healthcare known for its commitment to innovation, is among the first healthcare organizations to deploy Microsoft 365 Copilot. This new generative AI service combines the power of large language models (LLMs) with organizational data from Microsoft 365 to enable new levels of productivity in the enterprise. Mayo Clinic is testing the Microsoft 365 Copilot Early Access Program with hundreds of its clinical staff, doctors and healthcare workers. “Microsoft 365 Copilot has the ability to transform work across virtually every industry so people can focus on the most important work and help move their organizations…

Mylab Discovery Solutions has introduced patent-pending Point-of-Care Device named MyNeoShield for New-born Screening (NBS). The device supports all seven tests done for NBS globally. With Mylab’s device, results can be obtained within just 4 hours on the spot compared to traditional techniques that take up to 24 hours post sample receipt which may take additional 48-72 hours. This rapid turnaround time ensures that any potential health issues are identified and addressed promptly. Smaller healthcare facilities, including nursing homes and clinics, can now offer newborn screening without the need for expensive equipment or extensive resources. Hasmukh Rawal, Co-founder & Managing Director of…

Today, on September 25th, we observe World Pharmacists Day, a day dedicated to recognizing the crucial role pharmacists play in our healthcare system. Pharmacists are not just medicine dispensers; they are highly skilled professionals who offer a wide range of services.Firstly, they provide medication counselling. Pharmacists help patients understand their medicines, including how to take them correctly, possible side effects, and how they interact with other drugs.Secondly, pharmacists administer various immunizations, including flu shots, pneumonia shots, and shingles vaccines.They also conduct health screenings, such as checking blood pressure, cholesterol levels, and diabetes.Pharmacists assist in managing chronic diseases like diabetes, asthma, and high blood pressure.Furthermore, they educate the…

Fortis Healthcare operates a network of hospitals and diagnostic centers, offering a wide range of medical treatments and services   Fortis Healthcare shares rose in the morning trade on September 26 after the company’s board of directors approved the proposal to acquire Kolkata-based Artistery Properties at an enterprise value of Rs 32 crore. The acquisition will be done via a 99.9 percent stake-buy in the company through a share purchase agreement. At 9.35 am, Fortis Healthcare shares were trading at Rs 333 on NSE, up 0.4% from the previous close. Through this acquisition, the pharma-company is also set to gain ownership of…

Johnson & Johnson Vision announced the limited market release and first laser vision correction surgeries performed using the new Smooth Incision Lenticule Keratomileusis (SILK) procedure. According to a recent press statement, the new SILK procedure aims to correct the vision for patients with myopia, with or without astigmatism, using the next-generation laser vision correction solution from Johnson & Johnson Vision. “With the launch of the SILK procedure, our goal is to provide surgeons with advanced technologies and designs to deliver a high degree of confidence in correcting refractive errors as well as improvements in surgical experiences and patient outcomes,” said Burzin…

Philip Morris International is considering selling off a stake in its largest pharmaceuticals unit. The tobacco company, which makes Marlboro cigarettes, made inroads into the health care and wellness space in 2021 with the acquisition of Vectura, a U.K.-based pharmaceutical company that makes inhaled medicines and inhaler devices. But more recently, the division has struggled, and Philip Morris has had talks with Deutsche Bank on a range of options to try to grow its wellness and health-care division, The Wall Street Journal first reported. The company has been looking for a new partner to help boost Vectura, and it’s contemplating different options including…

Inbound Health, a value-based care enablement platform for health systems and plans to provide at-home acute and post-acute care, announced the close of a $30 million Series B funding round led by HealthQuest Capital. Existing investors McKesson Ventures and Flare Capital Partners participated in the round. The Minnesota-based company will use the funds to expand into new markets and further develop its offerings. “We are excited to embark on this next phase of growth with the strong backing of our investors, led by HealthQuest Capital,” Dave Kerwar, CEO of Inbound Health, said in a statement. “In partnership with leading health…

According to the UN refugee agency (UNCHR) and the World Health Organization (WHO), the children were refugees living in nine camps in Sudan’s White Nile state. UN refugee chief Filippo Grandi insisted that the world had “the means and the money” to prevent every one of those deaths. He called for an end to the fighting and for more financial support for the emergency response in the country. The UN’s 2023 Sudan Humanitarian Response Plan launched in May remains only 30 per cent funded. Disease outbreaks UNHCR said that over 3,100 suspected measles cases and more than 500 suspected cholera cases…

Oracle Health Conference — Oracle today announced new generative AI services for healthcare organizations. Integrated with Oracle’s electronic health record (EHR) solutions, the new Oracle Clinical Digital Assistant enables providers to leverage the power of generative AI together with voice commands to reduce manual work so they can focus more attention on patient care. It also makes it easy for patients to take self-service actions such as scheduling appointments or checking clinical information at their convenience using simple voice commands. Clinical digital assistant:While EHRs have helped reduce errors and enhance the continuum of care, patients are often left feeling disconnected,…

Healthcare products distributor Entero Healthcare Solutions, backed by OrbiMed,has filed draft red herring prospectus with the capital markets regulator SEBI on September 13. The initial public offering comprises a fresh issuance of shares worth Rs 1,000 crore by the company, and an offer-for-sale (OFS) of 85.57 lakh equity shares by 19 selling shareholders including promoters Prabhat Agrawal, OrbiMed Asia III Mauritius, and Prem Sethi. Corporate promoter OrbiMed Asia III Mauritius, owned by the US-based healthcare-focussed investment firm OrbiMed, has 58.70 percent shareholding in the company, while individual promoters Prabhat Agrawal and Prem Sethi hold 11.38 percent and 6.46 percent shares in the company.…