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GE Healthcare in collaboration with Nex Cubed select six digital health start-ups for inaugural Edison Accelerator in Canada

Press releases may be edited for formatting or style | August 11, 2022 Artificial Intelligence Health IT
Toronto, Canada – August 9 – Six digital health start-ups from five countries have officially become the first cohort of the Edison Accelerator in Canada – a program designed by GE Healthcare and delivered in collaboration with Nex Cubed to accelerate, validate, and scale innovative solutions that address important challenges in the healthcare sector.

The companies all focus on applying Artificial Intelligence (AI) to augment medical imaging with the potential to transform how healthcare is delivered. AI is poised to increase productivity and the efficiency of care delivery and allow healthcare systems to provide better care to more people. AI can help improve the experience of healthcare practitioners, with the goal of enabling them to spend more time in direct patient care and reducing burnout.

The selected companies were chosen as they demonstrated innovative and scalable solutions to pressing problems in the healthcare sector. “GE’s Edison Digital Health Platform is designed with specific focus on hosting applications developed by innovative third parties. It comes with a rich set of development tools to build and integrate applications. We are starting to see the use of AI in clinical practice and our goal is to accelerate this by supporting the most promising innovators and playing an active role in the Canadian health tech ecosystem.” said Paritosh Dhawale, PhD, SVP and GM, Edison Digital Health Platform at GE Healthcare. The companies in the program are:
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16 Bit Inc : 16 Bit is a physician-founded startup that created a computer-aided detection and notification software that is intended to function as an opportunistic prescreening device for low bone mineral density using routinely acquired x-rays of the chest, spine, pelvis, knee or hand.
Bot Image : Bot Image is a medical device company that created a product for post-processing MRI that is using artificial intelligence (AI) to aid physicians in image interpretation by providing highly accurate prostate cancer diagnostics. The software is provided as a SaaS model or can be installed behind the client’s firewall.
CardioWise: CardioWise is an AI cardiac image analysis company that simplifies the diagnosis of heart disease enabling a quantitative diagnostic evaluation of the heart system using CT data. CardioWise analysis will provide caregivers with next generation algorithms and data to help physicians to make better more informed decisions about patient care.

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