What You Should Know:
- Heart failure is a critical health issue affecting millions of Americans, and despite decades of research, effective treatment options remain limited. Traditional drug development is a slow, costly, and high-risk process.
- Researchers at Mayo Clinic are pioneering a new approach using artificial intelligence (AI) and "virtual clinical trials" to accelerate the discovery of new therapies, particularly by repurposing existing drugs.
An Urgent Need for
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71% of Hospitals Now Use Predictive AI, But a Digital Divide Remains
What You Should Know:
- A recent data brief from the American Hospital Association (AHA) and the ASTP/ONC examines the trends in predictive AI adoption, evaluation, and governance using data from 2023 and 2024. The findings highlight both the widespread adoption of this technology and the persistent challenges in its equitable implementation.
- The use of artificial intelligence (AI) in healthcare has seen significant growth over the past decade, with predictive AI becoming a key
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PwC Report: The $1 Trillion Opportunity to Reinvent Healthcare
What You Should Know:
- The U.S. healthcare system is on the verge of a fundamental transformation. A new report from PwC,"From breaking point to breakthrough: the $1 trillion opportunity to reinvent healthcare," predicts a massive shift in how care is delivered, funded, and experienced.
- Over the next decade, PwC expects $1 trillion of annual healthcare spending to move away from fragmented, infrastructure-heavy models and toward a digital-first, proactive, and personalized
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Innovaccer Acquires Story Health to Pioneer AI-Powered Specialty Care
What You Should Know:
- Innovaccer Inc., a healthcare AI company, has announced the acquisition of Story Health, a pioneering AI-powered, tech-enabled platform focused on transforming specialty care from episodic to continuous, digital models.
- This marks Innovaccer's fourth acquisition in the past two years and expands its Healthcare Intelligence Cloud into agentic care augmentation.
Acquisition Impact
Story Health was founded in 2020 by Google veterans Tom Stanis, Nikhil
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Alita Launches AI Agent to Automate Post-Acute Care Workflows
What You Should Know:
- Alita, a new AI agent purpose-built for post-acute care, has officially launched to help providers turn more conversations into care outcomes automatically, 24/7.
- The AI-powered agent brings empathetic automation to intake, hiring, and admissions workflows. It is designed to handle 90% of the busy work in client and resident intake and caregiver candidate screening, freeing up staff to focus on people, not paperwork.
A Broken System and the Cost
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Commure to Embed Ambient AI into MEDITECH Expanse Now Mobile EHR
What You Should Know:
- Commure, a healthcare technology company, has announced the direct embedding of its Ambient technology within MEDITECH Expanse Now, the physician's mobile application in the MEDITECH Expanse EHR platform.
- The collaboration empowers healthcare organizations using Expanse Now to streamline clinical documentation and reduce administrative burdens, which allows clinicians to focus more fully on patient care within their familiar mobile workflows. This
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Proscia Integrates with AWS HealthImaging to Scale Digital Pathology and AI
What You Should Know:
- Proscia, a pathology AI company, has announced the next step in its collaboration with Amazon Web Services (AWS) to address two of digital pathology’s most pressing challenges: managing surging data volumes and standardizing siloed data.
- The company has integrated its Concentriq® platform with AWS HealthImaging, providing laboratories and life sciences organizations with a cloud-native foundation to accelerate workflows and fuel AI-driven precision
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Report: Proactive Care Could Save Medicare $500B and the U.S. $2.2T Annually
What You Should Know:
A new Deloitte report, "Safeguarding Medicare's future: Proactive care could unlock more than $500B in annual savings," finds that strategic investments in disease prevention, early detection, and other proactive measures could save the U.S. healthcare system up to $2.2 trillion annually by 2040. These investments could also help save Medicare more than $500 billion a year on medical and prescription drug claims and strengthen the program's long-term financial
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MedSetGo Raises $2.4M to Modernize Patient Care Transitions with AI
What You Should Know:
- MedSetGo, an AI-driven healthcare company secures $2.4M in seed funding led by TurboStart with participation from Gold House Ventures and several high-profile angel investors.
- The new funding will accelerate product development and hiring, with a focus on expanding the company's engineering, data science, and commercialization teams.
Redesigning Patient Care Journeys with AI
MedSetGo aims to use AI to redesign how patients move across the healthcare
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Inbox Health Secures $20M to Modernize Patient Billing with AI
What You Should Know:
- Inbox Health, a leader in patient billing and support technology, has announced that it has secured $20 million in growth equity funding and debt led by Ten Coves Capital with participation from existing investors.
- The latest round brings Inbox Health’s total funding to $55M capital. The funding will be used to accelerate the company's mission to modernize patient billing through intelligent automation.
AI-Powered Patient Billing
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