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Rocket Doctor Announces First in Canada Strategic Partnership with Toronto Metropolitan University to Support Clinical Education of Medical Learners on a Digital Health Platform
Globenewswire· 2025-12-04 13:00
Core Insights - Rocket Doctor AI Inc. has announced a partnership with Toronto Metropolitan University (TMU) to enhance physician recruitment and clinical education opportunities across Canada [1][5] - The collaboration aims to strengthen TMU's clinical teaching ecosystem by making participation more accessible for practicing physicians, thereby creating a wider pool of educators [2][4] - The partnership emphasizes community-driven medical education that is adaptable to modern healthcare needs, focusing on mentorship and diverse clinical environments [3][4] Group 1: Partnership Objectives - The partnership is designed to accelerate physician recruitment and promote clinical faculty opportunities, enhancing learner placements with independent physicians [1][2] - TMU will work directly with participating physicians to ensure they have the necessary academic guidance and resources for effective educational experiences [3][5] - The collaboration aims to connect academic programs with clinicians, thereby enhancing Ontario's clinical education landscape and expanding access to care, especially in rural areas [4][5] Group 2: Technological Integration - Rocket Doctor AI provides AI-powered solutions that facilitate high-quality healthcare and improve efficiency for physicians [7][8] - The platform has empowered over 300 MDs to manage their practices, resulting in over 700,000 patient visits, thereby expanding patient access to care [7][8] - The technology aims to reduce administrative burdens, allowing for more meaningful physician-patient interactions and supporting underserved communities [8]
Mobile-Health Network Solutions Aims to Raise $300 Million for Digital Health Platform
PYMNTS.com· 2025-07-17 14:31
Core Insights - Mobile-health Network Solutions (MNDR) launched an at-the-market (ATM) equity offering to raise up to $300 million to accelerate the growth of its AI-powered digital health platform [1][3] - The company aims to use the proceeds to develop large language models for diagnostics, expand AI-driven teleconsultation services in Asia, and build a pharmacy delivery infrastructure [3][4] Financial Performance - MNDR reported revenue of $4.3 million for the six-month period ended December 31, 2024, down from $6.6 million in the same period a year earlier [4][5] - The decline in revenue was attributed to the closure of a clinic in Singapore, which reduced telemedicine service usage, although sales of medicine and medical devices increased [5] Strategic Initiatives - In the first half of 2025, MNDR secured $10 million in funding for its AI Agent, launched AI Notes for transcribing doctor-patient conversations, acquired Indonesian pharmacy and telehealth platform Lifepack, and announced plans for a tele-dentistry service [6] - The company is optimistic about recovering and surpassing previous revenue levels, aiming for breakeven by the second half of FY2025 and profitability before the first half of FY2027 [7] Market Trends - Telehealth has become a standard delivery channel in the U.S., particularly among younger generations, with nearly 30% of Generation Z and millennials using telehealth for their most recent healthcare encounter [8]