What You Should Know:
- HOPPR, a company developing artificial intelligence (AI) solutions for medical imaging, has announced the launch of Grace, a multimodal foundation model that enables image-to-image and text-to-image learning across all medical imaging modalities.
- Grace is available via private beta to developers, radiology PACS, and AI companies for fine-tuning and application development.
Key Benefits of Grace
- Unlocks diagnostic, clinical, and operational value from
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Flywheel’s AI Platform Takes Flight with Microsoft Azure and NVIDIA
What You Should Know:
Flywheel, a medical imaging artificial intelligence (AI) development platform, today announced the launch of its software-as-a-service (SaaS) data management solution on Microsoft Azure. This new SaaS offering will provide healthcare organizations with a secure, scalable, and user-friendly platform to manage, curate, and analyze their medical imaging data.
Flywheel's SaaS solution is integrated with NVIDIA MONAI, part of the NVIDIA AI Enterprise software platform,
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Tata Consultancy Services Faces $125M Loss in Epic Systems Legal Battle
What You Should Know:
- Tata Consultancy Services (TCS), India's largest information technology services company, has been ordered to pay $140M in punitive damages to Epic Systems Corporation in a long-running legal dispute over intellectual property, Business Standard reports.
- The decision by the Supreme Court of the United States upholds a lower court's ruling and will have a significant impact on TCS's financial results for the third quarter of 2023.
Epic Systems Corporation vs.
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Genentech, NVIDIA Partner to Revolutionize Drug Discovery with AI
What You Should Know:
- Genentech and NVIDIA today announced a multi-year strategic research collaboration that couples Genentech’s artificial intelligence (AI) capabilities, extensive biological and molecular datasets, and research expertise with NVIDIA’s world-leading accelerated computing capabilities and AI to speed up drug discovery and development.
- The collaboration is designed to significantly enhance Genentech’s advanced AI research programs by transforming its generative AI
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GE and CodaMetrix Partner to Bolster AI-Powered Automated Coding for Providers
What You Should Know:
- CodaMetrix has partnered with GE HealthCare to bring its AI-powered automated coding solution, CMX Automate, to GE HealthCare customers.
- This will enable GE HealthCare customers to benefit from CMX Automate's ability to improve coding accuracy, efficiency, and revenue cycle management. CMX Automate is a cloud-based solution that uses machine learning, deep learning, and natural language processing to translate clinical notes into billing and diagnostic codes.
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71% of Consumers Believe Generative AI Can Revolutionize Healthcare
What You Should Know:
A recent survey conducted by Deloitte's Center for Health Solutions (Center) revealed a growing acceptance and optimism among consumers regarding the potential of Generative AI to revolutionize healthcare. Over half of the respondents (53%) believe that generative AI could improve access to healthcare, while 46% expressed confidence in its ability to make healthcare more affordable.
Generative AI: A Reliable Source of Information
The survey further
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Fortrea, Medidata Form AI Partnership to Increase Diversity in Clinical Trials
What You Should Know:
- Fortrea, a global contract research organization (CRO), and Medidata, a Dassault Systèmes company specializing in clinical trial solutions, announced an AI-powered partnership to increase diversity in clinical trials.
- The collaboration aims to leverage Medidata's AI technology, specifically Medidata AI Intelligent Trials, to increase access to diverse patients in Fortrea-conducted clinical trials.
Increase Diversity in Clinical Trails
This partnership builds
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M&A: Novant Health Acquires 3 Tenet Hospitals in South Carolina for $2.4B
What You Should Know:
- In a significant move to expand its presence in South Carolina, Novant Health has announced the acquisition of three Tenet Healthcare hospitals and affiliated operations for approximately $2.4B. The deal, which is expected to close early next year, will bring Hilton Head Hospital, Coastal Carolina Hospital, and East Cooper Medical Center under the Novant Health umbrella.
-This strategic acquisition aligns with Novant Health's long-term vision to enhance healthcare
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M&A: Aya Healthcare Acquires Winnow AI to Bolster Physician Recruitment
What You Should Know:
- Aya Healthcare, a large healthcare talent software and staffing company, has acquired Winnow AI, a data science-driven solution that helps organizations recruit and retain physicians.
- Winnow AI uses artificial intelligence and business intelligence to identify passive physicians who are likely to relocate to a particular region. This acquisition will allow Aya Healthcare to offer both active and passive job seeker recruitment platforms to its clients.
Data
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Inovalon Launches Converged Analytics Benchmarking for Health Plans
Inovalon, a provider of cloud-based software solutions for healthcare launches Converged Analytics Benchmarking, a revolutionary solution that empowers health plans to make data-driven decisions and improve their quality outcomes in real-time. This first-of-its-kind benchmarking solution provides health plans with current monthly insight into their relevant national and state quality measure performance while still within the respective measurement period.
Real-Time Insights for Data-Driven
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