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Digital Health | News, Analysis, Insights - HIT Consultant

Google Launches Health AI Developer Foundations (HAI-DEF) to Accelerate Healthcare AI Development

by Fred Pennic 11/25/2024 Leave a Comment

Google Launches Health AI Developer Foundations (HAI-DEF) to Accelerate Healthcare AI Development

What You Should Know:  - Google has introduced Health AI Developer Foundations (HAI-DEF), a public resource designed to empower developers in building and implementing AI models for healthcare more efficiently.  - The initiative aims to democratize AI development in the healthcare sector, fostering innovation and improving patient care. Addressing Challenges in Healthcare AI Development Developing AI for healthcare presents unique challenges: Data Requirements: Large,
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Teladoc Health Enhances Virtual Sitter Solution with AI to Improve Patient Safety and Efficiency

by Fred Pennic 11/25/2024 Leave a Comment

Teladoc Health Enhances Virtual Sitter Solution with AI to Improve Patient Safety and Efficiency

What You Should Know:  - Teladoc Health has announced the launch of new AI-powered capabilities for its Virtual Sitter solution.  - Virtual Sitter aims to enhance patient safety, address workforce challenges, and improve care delivery for hospitals and health systems. Addressing the Challenge of Patient Falls with AI-Powered Fall Prevention Patient falls are a significant concern in hospitals, leading to injuries, increased healthcare costs, and strain on resources. Teladoc
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Healthcare as a Right: How AI is Shaping Global Access

by Andreas Cleve, CEO at Corti 11/25/2024 Leave a Comment

Healthcare as a Right: How Artificial Intelligence is Shaping Global Access

The World Health Organization estimates that by 2030, the world will face a shortage of approximately 10 million healthcare workers globally if health systems do not make significant changes. This looming crisis threatens to leave millions without accessible, quality care, potentially leading to devastating consequences for individuals and communities worldwide. Luckily, AI tools are providing innovative solutions to this issue in a variety of ways that can alleviate the administrative burden on
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Optimizing Clinical Trials with AI and Data-Driven Insights

by Sujay Jadhav, CEO of Verana Health 11/25/2024 Leave a Comment

Optimizing Clinical Trials with AI and Data-Driven Insights

While most technology- and innovation-oriented industries have followed the general principles of Moore’s Law, which holds that computing power would double yearly, while costs were cut in half, the life sciences industry appears to be spending more money developing fewer drugs.  According to the latest data, the cost to take a drug candidate from the discovery stage, all the way to market launch, hit $2.3 billion in 2022—a $298 million rise from 2021. Meanwhile, there were
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VA Award Medtronic Contract to Deploy AI-Powered Endoscopy Units Nationwide

by Fred Pennic 11/25/2024 Leave a Comment

VA Award Medtronic Contract to Deploy AI-Powered Endoscopy Units Nationwide

What You Should Know:  - Medtronic today  announced that the U.S. Department of Veterans Affairs (VA) has awarded a three-year contract for the deployment of nearly 100 additional GI Genius™ AI-powered endoscopy units across VA medical centers nationwide.  - The  expansion aims to provide veterans with access to state-of-the-art colorectal cancer screening technology. Improving Colorectal Cancer Screening for Veterans Colorectal cancer is a significant health concern,
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Siemens Healthineers and Ohio State Wexner Medical Center Forge $105M Value Partnership

by Fred Pennic 11/25/2024 Leave a Comment

Northwell Health, Siemens Healthineers Partner on Population Health Research Project

What You Should Know:  - Siemens Healthineers and The Ohio State Wexner Medical Center have expanded their long-standing collaboration to establish a 10-year, $105M Value Partnership.  - The strategic alliance aims to drive innovation in medical imaging, artificial intelligence (AI), and machine learning, ultimately transforming care delivery and improving patient outcomes. Accelerating Innovation in Healthcare The partnership will leverage Siemens Healthineers' expertise
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Cofactor AI Nabs $4M to Combat Hospital Claim Denials with AI

by Syed Hamza Sohail 11/25/2024 Leave a Comment

Cofactor AI Launches Platform to Help Hospitals Fight Tidal Wave of Claims Denials and Announces $4 Million Seed Round

 What You Should Know: - Hospitals across the country are facing an ever-increasing onslaught of claims denials from insurance companies, with denials up 20.2% in 2023, according to the American Hospital Association. These denials – triggered by AI and often error-prone – cost hospitals $20 billion a year in administrative bloat and reduce patients’ access to quality care. - To help hospitals fight back, Cofactor AI today introduced a new first-of-its-kind AI-powered
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Arrowhead EMS Association Awarded $5M Grant to Deploy EMS Telemedicine Services

by Jasmine Pennic 11/25/2024 Leave a Comment

Arrowhead EMS Association Awarded $5M Grant to Deploy EMS Telemedicine Services

What You Should Know:  - The Arrowhead EMS Association has been awarded a $5 million grant from the U.S. Department of Transportation's Safe Streets and Roads for All (SS4A) Program.  - The  funding will support the NorthEast Advancement of Rural and Remote Emergency Medical Services (NEARR-EMS) program, an initiative to improve and expedite post-crash care in rural communities and tribal areas of Northeast Minnesota. Telemedicine to Enhance Rural EMS The NEARR-EMS
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Smartphone AI Facial Scans May Help Detect Sleep Disorders, Stanford Study Finds

by Fred Pennic 11/22/2024 Leave a Comment

What You Should Know:  - Researchers at Stanford University, in collaboration with SoundHealth, have conducted a pioneering study exploring the use of smartphone facial scans and AI to analyze facial structures linked to sleep disorders.  - The approach offers the potential for earlier and more accessible screening of conditions like insomnia and obstructive sleep apnea (OSA). Non-invasive Screening with Smartphones Traditionally, identifying physical traits associated with
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MCG Secures $5.7M NIH Grants to Study Cardiovascular Complications of HIV

by Syed Hamza Sohail 11/22/2024 Leave a Comment

MCG Secures $5.7M NIH Grants to Study Cardiovascular Complications of HIV

What You Should Know: - Two new National Institutes of Health grants, totaling $5.7 million, are aimed at helping scientists at the Medical College of Georgia at Augusta University better understand the mechanisms of two cardiovascular complications associated with HIV.  - Thanks to the advent of combination antiretroviral therapy (cART), which uses a combination of three or more drugs to stop the virus from replicating in the body, life expectancy of people living with HIV has
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