TikTok's Parent Company Acquires Luxury Private Hospital Chain For $1.5B – The Medical Futurist Newsletter

Powerful entry from the world's largest unicorn The most surprising development of last week was undoubtedly ByteDance, TikTok's parent company [acquiring one of China's largest private hospital chains]( Amcare Healthcare for $1.5B. ByteDance is the world's largest unicorn, arriving in healthcare relatively late, accelerating its efforts only in 2021. This announcement is by far the most significant step of this journey. I hope you will find the newsletter useful! Best regards, Berci Bertalan Meskó, MD The Medical Futurist [TIKTOK’S PARENT COMPANY BOUGHT A BUNCH OF HOSPITALS FOR $1.5B]( --------------------------------------------------------------- Everyone wants a piece of the healthcare pie. And as healthcare becomes more expensive, and at the same time, more technology-dependent, don't get surprised if you have to go to a hospital that is owned by a tech company. "With the acquisition of Amcare, it seems that ByteDance is trying to disrupt the traditional healthcare industry in order to compete with other large tech giants." [READ MORE]( WHY DO I THINK IT'S IMPORTANT? Arriving quite late to the party, ByteDance seems to be planning to catch up with taking huge strides instead of baby steps. [WEARABLE ULTRASOUND STICKERS FOR 48 HOURS OF IMAGING]( Engineers at MIT have created an ultrasound patch that can provide long-term ultrasound imaging of internal organs and structures. This is how they see the future of ultrasound imaging: “We envision a few patches adhered to different locations on the body, and the patches would communicate with your cellphone, where AI algorithms would analyze the images on demand,” [READ MORE]( WHY DO I THINK IT'S IMPORTANT? A.I.-guided portable ultrasounds already showed amazing potential, and now MIT have raised the stakes with these stamp-sized wearables. [TECH GIANTS IN HEALTHCARE: 2022 EDITION]( --------------------------------------------------------------- The ByteDance acquisition highlights how rapidly the healthcare landscape is changing with ever more tech companies entering. Exactly the reason why we regularly cover all these ventures and help you analyse their significance. This ebook by The Medical Futurist couldn't be more timely. [GET IT HERE]( [MEET THE 7 STARTUPS MAYO CLINIC WELCOMED TO ITS A.I. ACCELERATOR]( --------------------------------------------------------------- The Mayo Clinic selected 7 A.I. startups for its accelerator program. Mayo having a great reputation, it makes sense to keep an eye on what kinds of startups they accepted. The field these companies cover is broad, and we are excited to monitor the new arrivals to the Mayo acceleration program. [READ MORE]( WHY IT'S IMPORTANT? The focused 20-weeks mentoring program and the significant benefit package can kickstart early-stage health tech AI startups get market-ready. [THE FUTURE OF 3D PRINTING DRUGS IN PHARMACIES IS CLOSER THAN YOU THINK]( --------------------------------------------------------------- The UK biotech company, FabRx believes it could even appear as a regular technique in hospitals and pharmacies for creating personalised drugs in specific doses within 5-10 years. In February 2022 the company announced they developed a technology allowing them to 3D print tablets in 7-17 seconds, a huge improvement from earlier. Read our newest article on the topic to find out more. [READ MORE]( WHY DO I THINK IT'S IMPORTANT? 3D printing drugs is not a fantasy anymore. Any kind of drug can be fabricated with this technology. [BLOOM DIAGNOSTICS LAUNCHES NEW KIDNEY TEST]( --------------------------------------------------------------- The Swiss medtech company Bloom Diagnostics has introduced a kidney test, "designed for the quantitative measurement of cystatin C in whole blood". It is intended to be used by medical professionals, such as doctors and pharmacists, to rapidly measure and quantify kidney function in adult users. [READ MORE]( WHY DO I THINK IT'S IMPORTANT? Accurate results in minutes for a condition that affects 850 million people worldwide. [WHAT IS LONGTERMISM AND WHY DOES IT MATTER?]( --------------------------------------------------------------- This concept can help you in business, on the job, and in your personal life to gain a better understanding of yourself. "Longtermism is the view that positively influencing the long-term future is a key moral priority of our time. It's about taking seriously the sheer scale of the future, and how high the stakes might be in shaping it." [READ MORE]( WHY DO I THINK IT'S IMPORTANT? The notion that future generations matter. It is a requirement of my job that I consider how people might live a century from now. MORE NEWS ABOUT THE FUTURE OF MEDICINE --------------------------------------------------------------- AHA SAYS – [Four ways to improve digital health equity]( PREDICTING STRUCTURES – [Artificial intelligence tools predict DNA's regulatory role and 3D structure]( MAKES SENSE – [Researchers find way to shrink a VR headset down to normal glasses size]( IN MICE – [World's first 'synthetic embryo': why this research is more important than you think]( [color-forwardtofriend-48.png](mailto:berci@medicalfuturist.com) [color-facebook-48.png]( [color-youtube-48.png]( [color-linkedin-48.png]( [color-twitter-48.png]( [color-instagram-48.png]( © The Medical Futurist 2022 This email was sent to {EMAIL} [why did I get this?]( [unsubscribe from this list]( [update subscription preferences]( Medical Futurist · Budapest · Budapest, Pest 1118 · Hungary