Caption Health raises $53 million for AI-centric medical scanning of the heart

Author at TechGenyz Investing
Human Heart Scanning
Credit: @alexacea | Unsplash

Set in 2013, California based AI-centric healthcare providers, Caption Health has raised a fund of up to $53 million to modify equipment and quicken the medical scanning by their registered nurses without undergoing an elaborative training.

It was a revisionist approach by Caption Health CEO, Charles Cadieu to bring alteration in the field of medical science with the help of artificial intelligence.

Investors seized this opportunity with the pandemic’s onset to envision quick popularization of Caption Health and contributed to equipping better AI-powered Softwares for performing ultrasounds and scans.

After receiving the market authorization from the U.S. Food and Drug Administration for cardiac ultrasound software last year, it helped to engage even the non-specialist to conduct the ultrasound where the machine automated reading and interpretation of the search results.

It further helped to demonstrate the accuracy of machine learning technologies recently. Robert Ochs, deputy director of the FDA’s Office of In Vitro Diagnostics and Radiological Health, commented on it:

demonstrates the potential for artificial intelligence and machine learning technologies to increase access to safe and effective cardiac diagnostics that can be life-saving for patients to be. – Robert Ochs

Cardieu observed the significance of this software as it will be a boon to the COVID patients in this time of crisis by quickly detecting any change in the cardiovascular functions.

Moreover, its simple module and easy to learn technic have helped generate it by the hospital staff, even those without formal training on such complex modules. Additionally, its accuracy has lent it a name, marking a pioneering tool with the introduction of AI in medical sciences.

Upcoming installments of Caption Health look forward to monitoring heart patients and the beginning of medications. The software is to be further upgraded for scanning other organs such as the lungs, and abdomens. It also has a plan to circulate the software in retail clinics, used as a primary care solution.

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