Intel Capital, the venture arm of software giant Intel, co-led a $23 million financing round for medtech and X-ray company Oxos Medical.

Rochester, Minn.-based Mayo Clinic is betting big on artificial intelligence and has made investments in various AI-based startups to improve areas of patient care such as heart failure and primary care, according to an April 5 report from CB Insights.  

Despite the hype around the technology, Marc Succi, MD, a physician at Boston-based Massachusetts General Hospital, is warning physicians not to use ChatGPT to practice medicine, NPR reported April 5.

A new study from the Baltimore-based University of Maryland School of Medicine found that ChatGPT provided correct information about breast cancer screening 88 percent of the time.

The Veterans Health Administration is partnering with medtech company Penumbra on a three-year collaboration that will explore virtual reality therapies. 

Renton, Wash.-based Providence is expanding its partnership with healthcare company Grail to give patients access to a blood test that can detect hard-to-diagnose cancers. 

Boston-based Mass General Brigham has a large venture capital arm, Mass General Brigham Ventures, and has made some notable investments in the life sciences, biotech, medtech and digital health spaces.

Winston-Salem, N.C.-based Atrium Health Wake Forest Baptist is using artificial intelligence and robotics to help clinicians predict and diagnose lung cancer.

Rochester, Minn.-based Mayo Clinic's research team is developing an artificial intelligence-based tool that can help pathologists detect problems in kidney transplants, Post Bulletin reported April 1.  

Software giant Salesforce has a notable venture arm, Salesforce Ventures, that has been active in the medtech investment space.

Wellth, a digital health platform that uses behavioral economics to help users reach their health goals, raised $20 million in series B financing.

Worcester, Mass.-based UMass Memorial Medical Center spent $2 million to build its own hospital-at-home program in six months, caring for nearly 750 patients in the first year-plus, Tradeoffs reported.

The U.S. healthcare system is ripe with opportunity to reimagine clinical and operational processes that more closely resemble remnants of the 1980s, not 2023. 

At this point, to keep up with technology evolution, we believe digital must be personal. And it’s frustrating when devices don’t seem to work for us. Moreso, when technology gets in our way—when it’s cumbersome—it adds a new level of dissatisfaction to the experience. Digital solutions need to be designed to help the people using them focus on what they need to accomplish.

Despite medtech investment falling by 30 percent in 2022, a March 27 report from consulting firm Deloitte found that investors remain confident in finding value in the medtech sector.

Prysm Capital, a growth equity fund founded in 2019 by three BlackRock alums, closed on its inaugural fund with $305 million raised and plans to invest in the healthcare and technology sectors.

Salesforce Ventures and GV — formerly Google Ventures — co-led a $20 million seed funding round for Florence, a healthcare enablement software company.

Minneapolis-based Allina Health has greatly expanded remote patient monitoring since launching hospital-at-home company Inbound Health in October.

Cedars-Sinai Health Ventures, the Los Angeles-based health system's venture capital arm, led a $6 million series A funding round for cardiac data company RhythmScience.

Precision medicine analytics company Decode Health is entering into a data-sharing partnership with data exchange platform Briya.