GE secures $44 million Bill & Melinda Gates Foundation grant

GE HealthCare has secured a $44 million grant from the Bill & Melinda Gates Foundation to create AI-assisted ultrasound imaging autoassessment tools. 

The new tools will offer healthcare professionals clinical decision support for more effective obstetric and lung screening ultrasound scans across maternal and fetal care as well as pediatric lung health, the company said. One of the firm's goals for the funding will be to expand ultrasound access in low- and middle-income countries. 

Caption Health, a medical AI company GE HealthCare acquired in February, will design the technology. Caption Health currently offers Cardiac Guidance software, which has been cleared by the U.S. Food and Drug Administration. With the grant funding, the company will develop new lung ultrasound and obstetric algorithms, GE HealthCare said. 

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