What You Should Know:
- At HIMSS24, Google Cloud announced a suite of new generative AI solutions designed to address key challenges faced by healthcare and life sciences organizations.
- These solutions focus on improving interoperability, building a strong data foundation, and deploying generative AI (gen AI) tools to enhance patient outcomes.
Unlocking Gen AI to Improve Healthcare Efficiency
The healthcare industry is grappling with rising administrative costs, clinician burnout,
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HIMSS24: CodaMetrix Secures $40M for AI-Driven Medical Coding Solutions
What You Should Know:
- CodaMetrix, a provider of artificial intelligence (AI) solutions for healthcare revenue cycle management, has announced the successful closing of its $40 million Series B funding round led by Transformation Capital with participation from existing investors SignalFire, Series A lead, and Frist Cressey Ventures.
- The Series B funding round will fuel further development of CodaMetrix's AI-powered platform, designed to streamline medical coding, improve data quality,
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HIMSS24: GE HealthCare, Mass General Brigham Integrate AI Medical Imaging Foundation Models
What You Should Know:
- GE HealthCare and Mass General Brigham, longstanding partners in artificial intelligence (AI) research, have announced a new initiative focused on integrating medical imaging foundation models into their work. This collaboration prioritizes responsible AI practices while aiming to revolutionize healthcare through more efficient workflows and improved diagnoses.
- The new initiative builds upon a 10-year partnership established in 2017. Both organizations share a
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R1 RCM Forms Special Committee to Evaluate $5.8B PE Firm Buy-Out Offer
What You Should Know:
- R1 RCM Inc. (NASDAQ: RCM), a provider of healthcare revenue cycle management solutions, announced the formation of a special committee comprised solely of independent directors.
- The new committee will evaluate strategic options for the company in response to a recent $5.8B buy-out offer from private equity firm New Mountain Capital.
Responding to New Mountain Capital
On February 26, 2024, New Mountain Capital filed a Schedule 13D/A with the Securities and
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Piedmont Appoints Mary Kane as First Chief Nursing Informatics Officer
What You Should Know:
- Piedmont Healthcare, a leading health system announced the creation of a new executive position: Chief Nursing Informatics Officer (CNIO). Mary Kane, MS, RN, NI-BC, has been named the inaugural Chief Nursing Informatics Officer (CNIO).
- In her role as CNIO, Kane will be responsible for optimizing technology and its impact on nurses, clinicians, and ultimately, patient care. Kane started as CNIO at Piedmont in December.
Bio/Background
Ms. Kane brings over 20
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hellocare Brings Alexa to Hospitals: Voice-Controlled Care for a More Comfortable Recovery
What You Should Know:
- Virtual healthcare platform hellocare announced a groundbreaking integration with Alexa for Healthcare at the HIMSS 2024 conference.
- The integration partnership allows hospitals and clinics using hellocare's platform to offer patients voice-controlled access to a variety of features through Alexa-enabled Hello 2 devices.
Enhanced Patient Experience:
Patients can now leverage Alexa to:Place calls directly to doctors and nurses.Request healthcare services
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ECRI Unveils the Top 10 Patient Safety Concerns 2024
What You Should Know:
- The ECRI Institute, a leader in patient safety research, has released its annual report highlighting the top ten patient safety concerns for 2024.
- This year's Patient Safety Concerns report sheds light on a critical issue: the challenges faced by newly trained clinicians transitioning from academic settings to professional practice.
The COVID-19 Impact:
The COVID-19 pandemic significantly disrupted traditional clinical training, limiting opportunities for
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Linus Health Acquires Clinical-Grade Speech Platform Aural Analytics
What You Should Know:
- Linus Health, a leader in early detection of Alzheimer's and dementia, has acquired Aural Analytics, a company specializing in clinical-grade speech analysis technology. Aural Analytics’ speech analytics platform provides objective, repeatable metrics—unlocking a new paradigm of patient care.
- The strategic move strengthens Linus Health's position in the fight against cognitive decline by adding a powerful new tool to its assessment platform.
Enhanced Detection
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Israeli Hospital Develops Generative AI Platform to Improve Mental Healthcare Access
What You Should Know:
- Sheba Medical Center, a leading Israeli hospital, is collaborating with ARC Innovation Center and KPMG to develop a generative AI platform named "Liv" aimed at transforming mental healthcare accessibility.
Mental Health Crisis
The project is driven by the urgent need to address the global mental health crisis, significantly worsened by COVID-19 and other recent events. The lack of qualified mental health professionals creates a bottleneck in the system, leaving
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New Consortium Aims to Ensure Responsible Use of AI in Healthcare
What You Should Know:
- A new initiative, the Trustworthy & Responsible AI Network (TRAIN), was announced today at the HIMSS 2024 Global Health Conference.
- The TRAIN consortium brings together leading healthcare organizations and technology partners with the ambitious goal of ensuring responsible and trustworthy applications of Artificial Intelligence (AI) in healthcare.
TRAIN's Initiatives to Foster Trustworthy AI
Through collaboration, TRAIN members will help improve the
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