We may earn commissions if you use the recommended services on this site.  

Philips' AI-Powered Ultrasound Program for Maternal Health Receives Significant Funding Boost

Latest Business News

Philips Receives Major Funding Boost for AI-Powered Ultrasound Program in Maternal Health

Philips, a global leader in health technology, has secured a second round of funding from the Bill & Melinda Gates Foundation to accelerate the adoption of AI algorithms on Philips Lumify Handheld Ultrasound. This innovative program aims to simplify key measurements and enable non-expert users, such as midwives, to identify abnormalities during pregnancy. By reducing training time and putting diagnostic tools in the hands of frontline health workers, this program addresses the worldwide shortage of healthcare workers and expands access to quality prenatal care.

Positive Impact and Global Deployment

Results from the first phase of funding have shown positive impact in Kenya, where the technology has improved decision-making in triaging pregnant women in underserved communities. The new funding will support the deployment of this AI-assisted tool to underserved communities worldwide, helping to address the high rates of maternal mortality in low- and lower-middle-income countries.

Improving Maternal Health with AI-Guided Algorithms

The World Health Organization recommends ultrasound scans for pregnant women to evaluate gestational age and detect fetal abnormalities. With the development of AI-guided algorithms, Philips Lumify Handheld Ultrasound becomes the first point-of-care ultrasound device to assist non-expert users by automating image acquisition and interpretation. This increases access to early fetal ultrasound scans and improves the quality of care for expectant mothers.

Philips' Commitment to Innovation

As a leader in ultrasound technology, Philips continues to deliver industry-first innovations. With this AI-enabled prototype, Philips aims to revolutionize ultrasound scanning, guiding midwives and non-expert users to provide critical information during triage. By identifying high-risk assessments and abnormalities earlier, this technology increases confidence and comfort for mothers in making informed decisions regarding their care. In conclusion, Philips' AI-powered ultrasound program for maternal health, supported by the Bill & Melinda Gates Foundation, has the potential to transform prenatal care by expanding access to diagnostic tools and empowering frontline health workers. This innovative solution has the power to save lives and improve maternal health outcomes globally.

Implications of Philips' AI-Powered Ultrasound Program on New Businesses

Philips' recent major funding boost from the Bill & Melinda Gates Foundation for their AI-powered ultrasound program in maternal health is a game-changer, not only for the healthcare industry, but also for new businesses in the health tech sector. This innovative program, which simplifies key measurements and enables non-expert users to identify pregnancy abnormalities, is set to revolutionize prenatal care.

Shaping the Future of Healthcare

The program's potential to address the global shortage of healthcare workers by democratizing access to quality prenatal care could significantly impact new businesses. It presents a model for how to leverage AI to make complex healthcare technologies more accessible and user-friendly.

Setting a New Standard in Maternal Health

The program's success in Kenya, where it improved decision-making in triaging pregnant women, sets a new standard for maternal health. New businesses must now consider how they can use AI to make a similar impact in their respective sectors.

Driving Innovation in Ultrasound Technology

Philips' commitment to innovation, demonstrated by their industry-first AI-enabled ultrasound prototype, sets a high bar for new businesses. It shows the potential of AI to revolutionize established technologies and processes, providing valuable lessons for new businesses in the health tech sector. In conclusion, Philips' AI-powered ultrasound program has the potential to significantly shape the trajectory of new businesses in the health tech industry. By demonstrating the transformative power of AI in healthcare, it provides a roadmap for how new businesses can leverage AI to make a meaningful impact.
Story First Published at: https://financialpost.com/globe-newswire/philips-program-developing-ai-powered-ultrasound-to-expand-access-to-maternal-health-receives-major-funding-boost
Brought to you by BusinessFormation.io
Know Your State's Registered Agent Requirements: What is a Registered Agent
Learn How To Create An LLC: What Is An LLC and How To Start an LLC Online
Business Formation Services: View Top 3 Online LLC Filing Companies

LLC Filing & Registered Agent Services

Compare Online LLC Filing Services Today

We work with the market leaders in business formation and registered agent services.

Getting started is simple and inexpensive. Form your business today & secure your brand name before someone beats you to it! Click below to view the Top 3 Best LLC and registered agent service providers.
View Top 3 Providers Now
x

Filing An LLC Can Be Complicated

Streamline Your LLC Filing Online for $39

Northwest Registered Agent is the best-rated service for first time filers.

Get professional LLC formation & registered agent services for only $39 + state filing fee. This offers includes your full LLC setup, plus a private business address, lifetime support, and more.

Trusted by Millions. Save 82% Today.