The artificial intelligence (AI) healthcare market is expected reach $6.6 billion by 2021, representing a compound annual growth rate (CAGR) of 40 percent over the next five years, according to a report from Accenture. AI in health represents a collection of multiple technologies enabling machines to sense, comprehend, act and learn so they can perform administrative and clinical healthcare functions. Unlike legacy technologies that are only algorithms/ tools that complement a human, health AI
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Sonora Quest Labs Taps BaseHealth to Leverage Lab Data to Reveal Patient Health Risks
In its first deployment of the new platform, BaseHealth is partnering with Sonora Quest Laboratories, Arizona’s leading provider of diagnostic testing and information services. BaseHealth’s platform combines laboratory data with insurance claims data, published clinical research, and other data sources then apply machine learning to prospectively identify patient health risks and suggest appropriate clinical interventions to address those risks. The process can especially benefit MA plans, which
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Solera Health Appoints Ian Gordon as New President & Chief Operating Officer
Solera Health, announced this week that Ian Gordon has joined the company’s executive team as President and Chief Operating Officer. In his role, Gordon will oversee the continued development of Solera’s technology platform and drive operational excellence as Solera expands its healthcare marketplace model. Ian Gordan Background/ExperienceGordon brings extensive experience in operations leadership having served as a senior vice president of health insurance operations at Regence Blue Cross Blue
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Why Virtual Care is Vital to Evolving Senior Care in 2019 & Beyond
Virtual care and connected care are vital to evolving senior care. According to the U.S. Census Bureau, the year 2030 is an important demographic turning point as all baby boomers will be older than age 65. This will expand the size of the older population so that one in every five residents will be retirement age and aging baby boomers will outnumber children for the first time in U.S. history. Jonathan Vespa, a demographer with the U.S. Census Bureau, commented that “by 2035, there will be 78
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How Artificial Intelligence Will Help Transform Personal Health in 2019
Artificial intelligence technology has made great strides in the last decade, with AI models outperforming humans in various tasks, from image recognition to election forecasting to reading comprehension. In the coming years, the range of domains in which AI excels will only expand.One field for which AI promises major disruption in healthcare. This is largely due to three major factors: The incredibly complex nature of the human body and the healthcare system that treats it, and the explosion
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Alegeus Launches AI-driven HSA Plans to Deliver A Smarter Healthcare Funding Experience
Alegeus, a market leader in consumer-driven health plans announced this week their new Smart HSA platform that can help plan participants identify potential cost savings and untapped plan benefits based on past usage. The platform features machine learning and artificial intelligence to transform the healthcare funding market in ways that have never been seen before that deliver a simpler, smarter healthcare funding experience and better results. Intuitive, Personalized, Self-guided HSA
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M&A Analysis: 10 Reasons Why ResMed Acquired Propeller Health for $225M
On December 3rd, ResMed announced the acquisition of digital therapeutics maker Propeller Health for $225 million to help establish itself as a leader in COPD management across all stages of the disease. Digital medicines can help to personalize treatments, monitor patients in real-time, detect day-to-day changes in disease condition and increase patient adherence. Founded in 2010, Propeller helps people and their doctors better manage their COPD and asthma. Propeller’s digital medicine platform
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Veterans Affairs Taps T-Mobile to Expand Veterans’ Access to Telehealth Services
T-Mobile is providing 70,000 lines of wireless service to the U.S. Department of Veterans Affairs (VA) to help make telehealth services more accessible to veterans.The U.S. Department of Veterans Affairs has tapped T-Mobile to provide 70,000 lines of wireless service to the health care providers and support staff across all VA hospitals, clinics and outpatient facilities around the nation, making T-Mobile the primary wireless provider for the agency. T-Mobile’s agreement with VA is part of the
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Hill-Rom and EarlySense Launch Smart Hospital Bed w/ Integrated Monitoring Technology
Hill-Rom, a global provider of medical technologies and the world’s leading hospital bed manufacturer, today announced that EarlySense, the market leader in contact-free continuous monitoring solutions across the care continuum, has integrated its continuous contact-free heart rate and respiratory rate sensing and analytics technology into Hill-Rom’s Centrella® Smart+ bed platform.The Rise of the Smart Hospital BedThe hospital bed -a consistent fixture in every hospital room- now takes on an
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MaxQ AI Partners with EnvoyAI to Distribute Accipio Artificial Intelligence Solutions to Acute Care Market
MaxQ AI, a clinical diagnostics intelligence platform announced that it has completed a distribution agreement with EnvoyAI, a subsidiary of TeraRecon. This partnership will give physicians access to its full Accipio intracranial hemorrhage (ICH) detection platform.Coming out of this year’s RSNA annual meeting in Chicago, MaxQ continues to build momentum and strategic partnerships that will rapidly bring the company’s AI solutions to the acute care market. Leading up to and during RSNA, MaxQ
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