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Digital and AI

 

Period tracking app Flo reaches unicorn status

London-based Flo Health, a menstrual cycle and ovulation tracking app, has raised over $200 million in a Series C round led by General Atlantic, a New-York based private equity firm. The funding values Flo at over $1 billion, making it the “first purely digital consumer women’s health app to achieve unicorn status”, as well as the first European femtech company to.

Learna’s new postgraduate course on AI for healthcare workers

Online medical education platform Learna has put together a postgraduate programme on AI use in medicine, aimed at healthcare professionals who want to brush up their understanding and skills in how AI works and how they can make use of it. Dr Anish Kotecha, Learna’s Head of Medical Education, spoke to us about the motivation for creating the course and what it covers.

EU Artificial Intelligence Act comes into law

The European Union's Artificial Intelligence Act (EU AI Act), was published last Friday in the Official Journal of the European Union, the final step in bringing the Act into law.

What innovations are health tech investors most excited about in 2024?

Healthcare is a sector in which it can be hard to innovate. Regulations are tight and risk aversion is rife. This is understandable — justifiable, even — given lives are at stake. But it means the sector doesn’t see much creative destruction in the models it uses for delivering care. 

How AI is improving diagnostic imaging

Diagnostic imaging faces similar capacity and workforce issues as other areas of healthcare. But hundreds of start-ups are developing AI tools to ameliorate the situation. According to Antoine Jomier, CEO & Co Founder of Incepto Medica, a platform for imaging AI applications, there is at least a 30-40% time-saving for radiologists and as much as a seven percentage point EBITDA margin increase for providers at stake. Patients, payors and health systems at large also stand to benefit.

PMI’s changing business model

Access to primary care is now the number one reason people in the UK want private medical insurance (PMI), according to data collected by UK health insurer Vitality. Other NHS countries have been seeing similar trends since Covid. Katie Tryon, Vitality’s Director of Health Strategy, spoke about how this has completely changed the PMI business model — for the better — at HBI’s conference last month.

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