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Fundraising rounds for health startups are taking longer to close and investors are doing more due diligence, said Ulili Onovakpuri, managing partner of Kapor Capital, during a Monday panel at the MedCity INVEST conference in Chicago.
Presented by the Consulate General of Canada, the Canadian healthcare startup showcase included five companies. Technologies included a patient transfer solution, care coordination, women's health, exercise tracking and remote monitoring for dysphagia, and mental health support.
There are too many flaws in AI for it to replace physicians, execs said during a Monday panel at the MedCity INVEST conference in Chicago. Instead, it should be used to make physicians' work easier.