Butterfly Community, maker of a handheld, smartphone-connected ultrasound system, is rolling out a brand new ultrasound platform that may combine right into a well being system’s scientific workflow.
Dubbed Butterfly Blueprint, the system is ready to combine knowledge from Butterfly’s handheld ultrasound probe. The system makes use of Compass software program to add ultrasound scans and data to a supplier’s EHR system.
The platform can maintain observe of details about high quality assurance, credentialing, documentation and billing. It additionally supplies instructional assets to suppliers. The know-how is device-agnostic and is ready to combine non-Butterfly gadgets and scientific data.
The know-how additionally consists of elective software program, together with Caption Well being’s synthetic intelligence-backed device that helps clinicians detect illnesses.
This new announcement coincides with the discharge of Butterfly Community’s This fall earnings name. The general public firm introduced a 35.3% improve in income in 2021 over 2020. This fall’s income elevated by 21.3% year-over-year.
WHY IT MATTERS
Butterfly pitches the brand new platform as a means for cross-discipline care groups to have higher entry to ultrasound knowledge and data.
“Ultrasound supplies invaluable data. The flexibility to allow the sensible software of ultrasound into the scientific workflow to tell scientific choice making is highly effective,” Dr. Todd Fruchterman, Butterfly Community president and CEO, mentioned in a press release.
“Butterfly Blueprint empowers an developed point-of-care toolkit for hospitals and well being techniques – one which transcends past contact, listening, and floor visuals, and past habit-based imaging and lab orders. With Butterfly, clinicians throughout all disciplines now have a strategic device that we consider permits them to see and know sooner, serving to them drive higher care selections, effectivity, and outcomes.”
THE LARGER TREND
Butterfly Community went public in 2020 by way of a SPAC merger with Longview Acquisition. Previous to hitting the public market, the corporate had raised greater than $350 million in capital. The corporate landed an FDA clearance in 2017 for its ultrasound scanner that makes use of easy-to-manufacture semiconductor chips. In 2019, the corporate introduced its Butterfly Enterprise platform, which connects with third-party ultrasound gadgets, and with Butterfly’s handheld system.
In 2020, the corporate disabled two software program options for its ultrasound gadgets that have been applied with out a 510(k) clearance.
Butterfly Community is not the one firm utilizing digital ultrasound know-how. Philips launched a smartphone-connected ultrasound system known as Lumify in 2015. Moreover, AI-backed handheld ultrasound Exo scored a whopping $220 million in Series C funding in 2021.