Artificial Intelligence (AI) is continuing to gain traction in the realm of healthcare and medicine. According to a study by the American Medical Association, 41 percent of physicians said they are both equally excited, and concerned, about the potential uses of AI in healthcare.
As AI capabilities continue to grow, there are a variety of ways AI can be used in a practice. Let us outline several AI applications that have the potential to positively impact both patients and
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Digital Health | News, Analysis, Insights - HIT Consultant
Why Payers Must Be Innovation Champions to Increase Healthcare Affordability
The U.S. Healthcare economic system must change. For too long, it's been one long game of whack-a-mole trying to keep prices in check. That game can end if healthcare, particularly payers, look to mirror the success stories of other major industries.
In the late 20th century, when the fee-for-service version of healthcare grew in popularity, inpatient costs started increasing. To rectify this, the Centers for Medicare & Medicaid Services (CMS) introduced the Inpatient Prospective
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Innoventric Secures $28.5M to Expand Transcatheter Tricuspid Valve Treatment
What You Should Know:
- Innoventric, a leader in transcatheter tricuspid regurgitation (TR) treatment, today announced a $28.5 million Series B funding round to advance its revolutionary cross-caval technology, bringing the total funds raised since inception to $41 million.
- Innoventric has already successfully completed a first-in-human clinical trial in Europe, and performed many additional implantations -- treating over 40 participants so far. Recently, the company received FDA
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Enhancing CNS Clinical Trials: Medidata and Cogstate’s Collaborative Solution
What You Should Know:
- Medidata, a Dassault Systèmes brand and the leading provider of clinical trial solutions to the life sciences industry, today announced a partnership with neuroscience solutions leader Cogstate to reshape clinical trials and outcomes measurement for central nervous system (CNS) diseases across neurodegenerative, psychiatric, motor, and rare neurodevelopmental disorders, among others.
- Together, the companies will deliver an improved experience, supported
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Ascend Learning Appoints Dr. Lissy Hu as CEO
What You Should Know:
- Ascend Learning, a provider of learning technology solutions for the healthcare industry, has announced the appointment of Dr. Lissy Hu as its new Chief Executive Officer.
- Dr. Hu, a seasoned healthcare technology leader and entrepreneur, will succeed Greg Sebasky, who is retiring after 10 years as CEO and will transition to Chairman of the Ascend Board of Managers in January 2025.
Dr. Hu Bio/Background
Dr. Hu brings a wealth of experience in
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Philips Secures $25M DoD Contract to Advance AI Predictive Health Monitoring
What You Should Know:
- Philips, a global leader in health technology, has announced a $25M investment from the U.S. Department of Defense (DoD) to accelerate the development and deployment of its Rapid Analysis of Threat Exposure (RATE) algorithm.
- The four-year project aims to enhance the predictive health monitoring of military personnel, ensuring their well-being and readiness in the face of potential health threats.
RATE: An Early Warning System for Infection
RATE
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Vara Raises $8.9M to Expand AI-Powered Breast Cancer Screening Globally
What You Should Know:
- Vara, a Berlin, Germany-based provider of AI-enabled breast cancer detection, has announced the successful closure of a $8.9M (€8M EUR) Series B funding round.
- This investment, co-led by Smart Family Office, FJH, and IBB Ventures, will fuel Vara's continued expansion and its mission to revolutionize breast cancer screening through artificial intelligence.
Transforming Breast Cancer Screening with AI
Vara's AI-powered software has been shown to
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Navigating The Mental Health Challenges of an Aging Population
As the baby boomer generation ages, the “silver tsunami” is contributing to a significant demographic shift. According to the U.S. Census Bureau, the population of Americans over age 65 increased by 13 million between 2010 and 2020, marking the fastest growth rate since the late 19th century. This trend is expected to accelerate, bringing with it various public health challenges, including a rising prevalence of late-life depression. The numerous factors contributing to late-life depression
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CareYaya Unveils AI-Powered Smart Glasses to Assist Dementia Patients
What You Should Know:
- CareYaya Health Technologies, a leading innovator in AI-powered solutions for the aging population, has launched MedaCareLLM, a new AI platform designed to assist individuals with dementia and Alzheimer's disease.
- Integrated into smart glasses, MedaCareLLM offers real-time support and enhances the quality of life for those navigating the challenges of cognitive decline.
MedaCareLLM: The AI That Prompts You
Developed as part of the OpenMind
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Quris-AI Acquires Nortis to Enhance Bio-AI Platform and Advance Drug Safety Prediction
What You Should Know:
- Quris-AI, a leading Bio-AI company revolutionizing drug development, has acquired Nortis, a pioneer in microphysiology systems (MPS) technology, formerly known as Numa Biosciences.
- The strategic acquisition will integrate Nortis's advanced Kidney-on-Chip technology into Quris-AI's Bio-AI platform, enhancing its ability to predict drug safety and efficacy in humans.
Combining Cutting-Edge Technologies
Nortis's Kidney-on-Chip models have been
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