Medimaps raises $20M for AI bone health software

The $20 million financing round was led by Swisscanto Invest by Zürcher Kantonalbank. Medimaps said in July that the U.S. Centers for Medicare and Medicaid Services (CMS) assigned a Current Procedural Terminology (CPT) code for its osteoporosis assessment with the company’s trabecular bone score (TBS) software, paving the way for reimbursement at the beginning of 2022.

The TBS software provides information about the quality of bone. This has the potential to improve upon traditional bone mineral density measurement, which assesses the quantity of bone, according to the company. A more…