GE HealthCare Technologies Inc has been awarded a grant of over $44 million from the Bill & Melinda Gates Foundation to advance the development of AI-assisted ultrasound technology.
The focus of the grant is to develop AI-powered ultrasound imaging auto-assessment applications and tools that can contribute to improved maternal and fetal health, as well as respiratory disease detection.
This funding will allow GE HealthCare to expand access to high-quality healthcare globally, with a particular emphasis on low- and middle-income countries.
The technology will be designed to run across a range of ultrasound devices and probes, including lower-cost handheld devices, making it more accessible in various healthcare settings.
This grant comes after GE HealthCare acquired Caption Health earlier this year, a company specializing in AI designed to enhance healthcare outcomes.
With the aid of AI-assisted ultrasound technology, medical professionals will be able to enhance their diagnostic capabilities, resulting in quicker and more accurate assessments.
The integration of AI into ultrasound imaging has the potential to revolutionize healthcare delivery by improving efficiency, accuracy, and access to care.
The partnership between GE HealthCare and the Bill & Melinda Gates Foundation highlights a commitment to leveraging innovative technologies to address global healthcare challenges, particularly in underserved communities.
AI-assisted ultrasound technology holds promise in transforming healthcare delivery and improving patient outcomes worldwide. This grant will play a crucial role in advancing its development and accessibility, ultimately contributing to better maternal and fetal health as well as the early detection of respiratory diseases.
Sources:
– Fox Business: https://www.foxbusiness.com/technology/ge-receives-44-million-grant-to-develop-ai-assisted-ultrasound-technology
