Health and Wellness
Julia Strandberg, executive vice president and chief business leader of connected care at Royal Philips, told MobiHealthNews she anticipates continued mergers, partnerships and AI innovation in 2025.
The DTx solution screens a patient's medical records for potential clinical depression.
The company had struggled to keep the business profitable.
The QRNT ring wearable includes health-tracking features and an app with no subscription costs.
Some leaders say AI will improve a massively inefficient, overpriced and difficult-to-access healthcare system, while others anticipate AI’s potential for earlier, more accurate diagnosis.
AI will transform healthcare with advances in multimodal technology, diagnostic imaging and automation, but its success depends on trust and seamless integration into workflows.
A paper published in the Journal of Medical Extended Reality outlines how AI, generative virtual reality and multilingual voice cloning may help pain management.
The aim of the investment is to allow Royal Health to enhance its technology offerings and increase market expansion.
A study published in the Journal of Medical Artificial Intelligence found that large language models can offer helpful physical exam recommendations and instructions based on symptoms.
The company touts that it recently surpassed 2.5 million rings sold and has seen its member base and revenue more than double over the past year.