London, May 28, 2024 – Newton’s Tree, a pioneering enterprise-wide Medical AI management platform and Nvidia Inception Program member, and Symbe, a venture-backed, AI-powered business case platform, are pleased to announce a strategic integrated partnership aimed at supporting the Healthcare AI sector. This collaboration will integrate Symbe’s advanced Business Case creation tools into the Newton’s Tree platform, enhancing the ability of medical AI-application vendors to effectively quantify their health and business outcomes to healthcare providers.
Background and Scope of the Partnership
Newton’s Tree operates as a marketplace platform, enabling vendors to host and commercialise their medical AI applications directly to healthcare providers.
Details of the Collaboration
This partnership is aimed at empowering vendors on Newton’s Tree platform to access customised business case templates, such as those for chest X-ray AI and healthcare back-office AI solutions, and align with healthcare providers on the optimal health and business outcomes.
In addition to the platform-integration, Newton’s Tree and Symbe will create an exclusive set of medical AI-vendor business case templates, designed to include advanced supporting tools, such as ROI and IRR calculators for various medical AI applications, providing vendors and buyers with benchmarks on efficiency, error reduction, and patient outcomes.
Mutual Benefits and Future Prospects
This partnership uniquely aligns both parties by combining their technological strengths and market reach. For Newton’s Tree, the integration with Symbe’s platform will offer its marketplace vendors powerful tools to create more persuasive and data-driven business cases, ultimately facilitating more informed decision-making for healthcare providers. For Symbe, the collaboration with Newton’s Tree provides an opportunity to extend its platform’s capabilities to a broader audience in the healthcare sector, thereby enhancing its market presence and impact.
“The integration of Symbe into our platform marks a significant enhancement in the resources available to our marketplace vendors,” said Haris Shuaib, CEO and Founder of Newton’s Tree. “This partnership is a step forward in our mission to streamline and accelerate the large-scale adoption of medical AI technologies, ensuring that healthcare providers have access to effective and efficient AI-driven solutions.”
Martin Blinder, CEO and co-founder of Symbe, also commented on the collaboration, stating, “We are excited to partner with Newton’s Tree to bring our robust business case platform to the forefront of medical AI. By enabling vendors to demonstrate the true value of their applications through solid business cases, we anticipate that this partnership will drive greater innovation and adoption in the healthcare industry.”
About Newton’s Tree
Newton’s Tree enables healthcare providers to procure, integrate, and monitor third party AI products as part of routine care pathways through its enterprise AI platform. Newton’s Tree works with leading healthcare organisations that are bending the adoption curve for AI. The company partners with AI developers and innovators across the globe, throughout the product lifecycle, to enable the development and deployment of the very best technology.
About Symbe
Symbe is a leading provider of AI-powered platforms designed to automate and standardise the creation of compelling business cases. With a focus on enhancing efficiency and accuracy, Symbe supports organisations across various sectors in making data-driven decisions.
