A record for the volume of investments in startups in the field of digital health: $31.6 billion in 90 days

The record for the volume of investments in startups in the field of digital health was broken. In the first quarter of this year, $ 31.6 billion was raised for startups in the industry in just 90 days.
 The peak was recorded in parallel with the gradual exit in the world from the corona plague and reflects the long-term effects of rising health awareness by investors and the general public. At the same time as many investments are coming in, health and insurance organizations are accelerating the rapid adoption of new technologies, most of which are based on artificial intelligence.
This is the beginning of a new era for digital health and the involvement of Israeli startups in the American health market has become more significant than ever.
An example of this can be seen in the integration of the artificial intelligence of the Israeli startup Aidoc in the American healthcare system. Last month, Eduk signed a partnership with Radiology Partners, the largest radiologists' association in the United States, which operates in one-tenth of all U.S. hospitals.
 Aydok has developed a system based on artificial intelligence for analyzing radiology images. The company's platform interfaces with the hospital's server and automatically checks patients' CT scans in real time. The system knows how to detect abnormal findings and alerts the radiologist about emergencies that require urgent treatment, so that valuable time is saved in waiting until human decryption, which may take several hours depending on the number of people waiting. The algorithms are based on in-depth learning and big-data analysis of millions of photographs and scans in order to extract patterns that characterize syndromes and medical conditions.
This improves the functioning of radiologists who are sometimes required to manually go through hundreds of reviews a day.
The company was founded by three Talpiot graduate partners, Elad Wallach, the company's CEO, Michael Berginski and Guy Reiner. The FDA-approved package of Idoc solutions and its integration into the healthcare system provides physicians with a safety net in case human work limitations lead to missing important or slow details.
According to Elad Wallach, CEO of Aidoc: “The increasing adoption of artificial intelligence technologies by the American healthcare system has immense value. We have reached an era where artificial intelligence tools serve as critical skill multipliers for physicians, enable improvement in patient care and reduce overall health costs. In the last four years we have developed the most comprehensive artificial intelligence platform on the market. The new partnership with Radiology Partners will accelerate the adoption of technology in the US market and set a new standard of treatment in the field of radiology. "

photo: Adi Lev