What You Should Know:
- A new study by Arcadia, a healthcare data platform, reveals a paradox within the industry: while 80% of healthcare leaders believe most of their data is accurate, a staggering 47% remains underutilized for critical clinical and business decisions.
- The report findings uncover a significant challenge – the immense potential of healthcare data remains largely untapped despite the rise of artificial intelligence (AI).
Healthcare Data: A Treasure Trove
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ARC Innovation at Sheba Medical Center Joins TRAIN Responsible AI Network
What You Should Know:
- ARC Innovation, the innovation arm of Sheba Medical Center, Israel's leading medical center and a six-time Newsweek World's Best Hospital awardee, today announced its participation in the Trustworthy & Responsible AI Network (TRAIN).
- The consortium brings together healthcare luminaries dedicated to integrating responsible AI practices effectively within the healthcare landscape.
AI Transforming Healthcare Landscape
AI is rapidly transforming
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Steward Health Care Files for Chapter 11 Bankruptcy, Cites Financial Pressures
What You Should Know:
- Steward Health Care, the nation's largest physician-led hospital operator, announced today that it has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas.
- Steward assures patients and the broader community that day-to-day operations will continue uninterrupted throughout the Chapter 11 process. Hospitals, medical centers, and physician offices will remain open and fully functional. The company's
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DeepScribe Appoints Dr. Dean Dalili as Chief Medical Officer
What You Should Know:
- DeepScribe, an innovator in ambient AI documentation for healthcare, announced the appointment of Dr. Dean Dalili, MD, MHCM, as its new Chief Medical Officer (CMO).
- Dr. Dalili brings a wealth of experience to DeepScribe, poised to play a pivotal role in shaping the company's clinical strategy and advancing its mission to revolutionize healthcare documentation.
Guiding DeepScribe's Clinical Leadership
As CMO, Dr. Dalili will spearhead DeepScribe's
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GE HealthCare Unveils Head-Only MRI Scanner for Advanced Neuroscience Research
What You Should Know:
- GE HealthCare announced the unveiling of SIGNA MAGNUS, a revolutionary head-only magnetic resonance imaging (MRI) scanner.
- This FDA 510(k) pending technology holds immense promise for unlocking new frontiers in neuroscience research, a field previously limited by the capabilities of conventional whole-body MRI systems.
New Hope for Neurological Disorders
Neurological disorders, including Alzheimer's disease, affect a staggering 43% of the global
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OverT Bio Secures $16M to Optimize Cell Therapy for Solid Tumors
What You Should Know:
- OverT Bio, a data-driven biotech company focused on unlocking the curative potential of cell therapies for solid tumors raises $16M in seed funding round. Co-led by ARTIS Ventures and Wing VC, the round saw participation from a distinguished group of investors including Fusion Fund, OMX Ventures, Alexandria Venture Investments, Gaingels, Civilization Ventures, Hawktail, and the Cancer Research Institute.
- The investment will fuel the company's mission to
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Exploring The Impact of AR in Surgical Training and Simulation
Human surgery training has used the classical approach of dissections of bodies and presence in live surgery for a long time. These means offer truly priceless opportunities to learn but multiple problems lie in accessibility, interactivity, and safety. AR has started a new era in surgical training through its affordability, interactivity, and safety. However, there still exists a need for proof regarding its effectiveness and the possibility of any negative effects. In this article, we
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NVIDIA Makes Drug Discovery, Medical Imaging, and Genomics Easier with Cloud-Based AI
What You Should Know:
- Harnessing the power of AI for healthcare just got simpler. NVIDIA announced the integration of NVIDIA NIM, a collection of cloud-native AI microservices, with Amazon Web Services (AWS).
- The strategic collaboration empowers developers to leverage pre-trained AI models for drug discovery, medical imaging analysis, and genomics research – all accessible through user-friendly APIs.
Streamlined Access to Powerful AI Tools
NIM integrates seamlessly with
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Large Language Models Show Promise for Streamlining Physician Workflows, But Safety Concerns Remain
What You Should Know:
- A new study by researchers at Mass General Brigham suggests large language models (LLMs), a type of artificial intelligence (AI), could be a helpful tool for doctors to streamline communication with patients. However, the study also highlights the importance of human oversight to ensure patient safety.
- The findings, published in The Lancet Digital Health, emphasize the need for a measured approach to LLM implementation.
The Burden of Physician
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Firstsource Acquires Quintessence to Bolster AI-Powered Revenue Cycle Management Solutions
What You Should Know:
- Firstsource Solutions Limited (FSL), a leading global provider of Business Process Management (BPM) services, announced the acquisition of Quintessence Business Solutions & Services Private Limited (QBSS).
- The strategic acquisition strengthens Firstsource's position in the healthcare revenue cycle management (RCM) market, particularly in the United States. Financial details of the acquisition were not disclosed.
Enhanced RCM
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