What the five have in common are software products aimed at helping providers improve patient engagement by leveraging AI. The recognized companies also meet IDC’s criteria for having revenues below $100 million.

"This whole sub-branch of fMRI could go extinct if we can't address this critical limitation," said one expert who has dedicated much of his professional research to the field in question.

Vara recently announced the new capital contribution, with the venture investment arm of the Ontario Municipal Employees Retirement System pitching in the largest share.

Healthcare AI companies of all sizes need patient data to design their products and make their fortunes. Big healthcare providers have the data and need the tech partners to help advance modern medicine.

With such a model, clinicians can implement preemptive measures for higher risk patients, experts wrote in Academic Radiology.

Colorado State University and the University of Illinois at Urbana-Champaign teamed up to develop the harmonic optical tomography approach.

AI companies serving healthcare markets have been fast to tailor their work to the COVID-19 crisis. An opinion piece published by the World Economic Forum offers a sampling.

The Midwestern Catholic health system Hospital Sisters is working with an AI startup to block overutilization of surgical services.