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Function Health Secures $450 Million in Funding to Expand Laboratory Testing and Medical Imaging Platform

U.S. health technology company Function Health recently secured $450 million in growth funding from General Catalyst's Customer Value Fund. The company stated that the funds will be used to expand user coverage of its testing and medical imaging platform. Function Health launched as a beta version in 2023, with a platform integrating laboratory testing, medical imaging, and health data analytics services. Its membership includes over 160 laboratory tests, with testing scheduled twice a year, and annual plans starting at $365. Testing coverage encompasses cardiovascular health, hormones, thyroid and kidney function, inflammation, nutritional levels, and certain cancers...

2026-08-16

Society of Interventional Radiology Launches Framework to Quantify the Value of Interventional Radiology

The Society of Interventional Radiology (SIR) is developing a framework to measure the clinical and economic value of interventional radiology, aiming to expand the specialty's role in health system planning, payment reimbursement, and patient management. According to reports, SIR has partnered with triLumen Health Partners to develop a strategic roadmap focused on identifying and quantifying the contributions of interventional radiology in academic medical centers, community hospitals, and outpatient settings. The project is expected to inform SIR's strategic planning extending through 2029 and beyond. Dr. Saher S. Sabri, SIR President, stated that interventional radiology is currently often evaluated using metrics such as procedure volume and relative value units, but these metrics may not fully reflect its role in long-term clinical care, perioperative management, and overall health system cost control...

2026-08-16

OXOS Medical and Others Deploy Portable X-Ray Systems to Disaster Zones in Venezuela

On August 12, U.S.-based OXOS Medical announced that it will partner with the non-profit organization Love & Life Foundation and the rapid response and disaster intervention team MEDIC Corps to deploy the MC2 portable X-ray system to Venezuela to support post-disaster humanitarian medical relief efforts. According to reports, the strong earthquake that struck Venezuela on June 24 has caused more than 16,000 injuries. For medical teams treating patients on the front lines in rubble and disaster zones, timely assessment of injuries such as fractures and chest or abdominal trauma is critical, but in areas with damaged infrastructure and limited resources, routine medical imaging examinations are often difficult to obtain in a timely manner. The materials also cite World Health Organization data stating...

2026-08-13

LG Electronics Launches FDA-Approved 40-Inch Diagnostic Monitor for B2B Medical Imaging Market

LG Electronics announced on August 12 that it has launched a new 40-inch diagnostic monitor, the 40HT513D, targeting the business-to-business (B2B) medical display market. The product has received approval from the U.S. Food and Drug Administration (FDA) and is primarily intended for medical image interpretation. According to the company, the 40HT513D features a curved IPS black panel with a 21:9 aspect ratio and a resolution of 5120×2160, delivering approximately 11 million pixels. LG Electronics stated that this design consolidates image reading tasks that previously required three 3-megapixel monitors into a single screen. Physicians can simultaneously view and compare current and historical images from X-ray, CT scans, and MRI scans on the same display...

2026-08-12

South Korea to Launch Real-Time Query System for CT and MRI Records in December to Reduce Duplicate Tests for Patients Transferring Hospitals

The Health Insurance Review and Assessment Service (HIRA) of South Korea announced on August 10 that it has established the "Appropriate Medical Utilization Review Committee" and, at its first meeting, included computed tomography (CT) and magnetic resonance imaging (MRI) examinations in the review scope of the real-time medical utilization management program. According to the plan, the program will be managed through the "Medical Care Benefit Details Confirmation System" following approval by the Minister of Health and Welfare. The system, built pursuant to Article 41-6 of the revised National Health Insurance Act, is expected to officially operate starting December 24. Once the system is in place, medical personnel will be able to query in real time the timing and relevant records of patients' CT and MRI examinations at other medical institutions before the patients undergo examinations, thereby reducing...

2026-08-11

DXA Screening Among U.S. Medicare Population Declines 35% Over Nearly Two Decades

A new study shows that between 2005 and 2023, the rate of dual-energy X-ray absorptiometry (DXA) examinations among U.S. Medicare beneficiaries declined significantly, by 35%. DXA is commonly used for bone density testing and osteoporosis-related screening, and the findings suggest that disparities in screening access across different populations are widening. Researchers analyzed claims data from more than 5 million Medicare beneficiaries. The results showed that DXA utilization fell from 7,255 exams per 100,000 beneficiaries in 2005 to 4,690 per 100,000 beneficiaries in 2023. The study was published in Osteoporosis International. The decline was not uniform across populations...

2026-08-08

Siemens Healthineers and Cleveland Clinic Launch 10-Year Strategic Alliance to Advance Innovation in Advanced Imaging and Radiation Oncology

On July 30, Siemens Healthineers and Cleveland Clinic announced the launch of a 10-year strategic alliance, building on their 35-year partnership to further drive clinical and workflow innovation, enhance patient care quality, and improve healthcare operational efficiency. Under the collaboration arrangement, Siemens Healthineers will provide Cleveland Clinic with a range of diagnostic imaging and treatment-related technologies, covering magnetic resonance imaging, computed tomography, radiation oncology, interventional radiology, and X-ray. Both parties stated that the alliance will focus on areas such as diagnostic imaging, cardiology, and radiation oncology, providing clinical teams with new tools and training support, and offering patients more...

2026-07-31

South Korean Study Confirms Low-Dose CT Arthrography Reduces Radiation Exposure in Shoulder Examinations

A research team led by Professor Choi Jeong-ah from the Department of Radiology at Hallym University Dongtan Sacred Heart Hospital in South Korea has recently confirmed that low-dose CT arthrography can reduce patient radiation exposure by approximately 31% while maintaining high diagnostic accuracy, with diagnostic performance comparable to 3T magnetic resonance imaging (3T MRI). The findings have been published in the international musculoskeletal imaging journal *Skeletal Radiology*. Rotator cuff tears and superior labral anterior-posterior (SLAP) lesions are significant causes of shoulder pain; if not diagnosed and treated in a timely manner, they may lead to arthritis or decreased shoulder joint function. Currently, 3T MRI is commonly used for precise examinations, but it has drawbacks such as high cost, long examination times, and the potential for claustrophobia in some patients;...

2026-07-30

Beijing Key Laboratory Unveiled: Focusing on Domestic Production of Liquid-Helium-Free Superconducting MRI and X-ray CT Equipment

Recently, the "Beijing Key Laboratory for Innovation and Translation of Advanced Superconducting MRI and CT Medical Equipment," spearheaded by Wandong Medical, was officially inaugurated. Previously approved by the Beijing Municipal Science &

2026-07-27