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Fred Pennic, Editor-in Chief | HIT Consultant

Fred Pennic is the Founder and Editor-in-Chief of HIT Consultant.

AMA Issues 7 Principles for AI Development, Deployment, and Use

by Fred Pennic 11/28/2023 Leave a Comment

AMA Issues 7 New Principles for AI Development, Deployment, and Use

What You Should Know: - The American Medical Association (AMA) today released seven new principles for augmented intelligence (AI) development, deployment, and use, marking a critical step toward fostering a consistent governance structure for advancements in healthcare technology. - Building upon current policy on AI, the principles serve as the cornerstone for AMA advocacy on AI and underscore the organization's commitment to supporting the implementation of national governance policies
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IBM and Boehringer Ingelheim Partner on Generative AI for Transformative Antibody Therapeutics

by Fred Pennic 11/28/2023 Leave a Comment

IBM and Boehringer Ingelheim Partner on Generative AI for Transformative Antibody Therapeutics

What You Should Know: - Boehringer Ingelheim and IBM announced a collaboration to leverage IBM's foundation model technologies for the discovery of novel candidate antibodies in drug development. - The partnership will focus on utilizing IBM's pre-trained AI models to generate new human antibody sequences with desired properties, such as affinity, specificity, and developability. These models will be further fine-tuned on Boehringer Ingelheim's proprietary data to enhance their accuracy
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Blackford and Rhapsody Partner on AI-Driven Clinical Workflows

by Fred Pennic 11/28/2023 Leave a Comment

Blackford and Rhapsody

What You Should Know: - Blackford, a provider of AI solutions for healthcare, and Rhapsody, a global digital health enablement champion, have joined forces in a long-term partnership. - The strategic collaboration aims to revolutionize healthcare delivery by enhancing Blackford's AI platform with deeper clinical workflow integrations and simplifying data interoperability challenges. Empowering Healthcare with AI Blackford offers tailored AI solutions to healthcare providers, helping
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Phare Health Secures $3.1M for AI-Powered Hospital Financial Management

by Fred Pennic 11/28/2023 Leave a Comment

Phare Health

What You Should Know: - Phare Health, a London-based startup, has secured $3.1M million in seed funding led by General Catalyst to transform hospital financial management in the UK and Europe. - The company's AI-powered solution bridges the gap between clinicians' notes and hospital management, enabling better resource allocation and improved patient care. Harnessing AI for Healthcare Efficiency Phare Health's groundbreaking AI system extracts valuable insights from clinicians'
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RSNA23: Mass General Brigham and Annalise.ai Collaborate to Develop AI-Enabled Diagnostic Products

by Fred Pennic 11/27/2023 Leave a Comment

Mass General Brigham and Annalise.ai Collaborate to Develop AI-Enabled Diagnostic Products

What You Should Know: - Mass General Brigham, a healthcare provider, and Annalise.ai, a global medical imaging AI company, today announced a strategic collaboration to develop and implement AI-enabled diagnostic products. - This strategic partnership aims to leverage the complementary expertise and capabilities of both organizations to bring innovative AI solutions to the healthcare industry.RSNA News from GE HealthCare Announces SIGNA Champion & presence at RSNA23. Core Pillars of
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HOPPR Launches Foundation AI Model for Medical Imaging

by Fred Pennic 11/27/2023 Leave a Comment

HOPPR Launches Foundation AI Model for Medical Imaging

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

by Fred Pennic 11/27/2023 Leave a Comment

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

by Fred Pennic 11/22/2023 Leave a Comment

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

by Fred Pennic 11/21/2023 Leave a Comment

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

by Fred Pennic 11/21/2023 Leave a Comment

GE and CodaMetrix Partner to Streamline Medical Coding with AI-Powered Automation

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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