What You Should Know:
- Abridge, a provider of generative AI for healthcare, has partnered with Cambridge Health Alliance (CHA) to improve clinical documentation and enhance communication with diverse patient populations.
- The collaboration will empower CHA's clinicians with Abridge's AI-powered platform, which offers industry-leading multilingual capabilities.
Addressing Language Barriers in Healthcare
Language barriers can significantly impact patient care, leading to
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Digital Health | News, Analysis, Insights - HIT Consultant
GE HealthCare Unveils Mammography System to Improve Patient-Centered Breast Care
What You Should Know:
- GE HealthCare has announced the launch of its new Pristina Via™ mammography system, designed to improve the screening experience for both technologists and patients. This innovative system, debuting at the Radiological Society of North America's 2024 Annual Meeting, addresses the growing need for efficient workflows and personalized care in breast imaging.
- GE HealthCare developed Pristina Via™ based on extensive feedback from mammography technologists. The company
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TailorMed Secures $40M to Improve Medication Access and Affordability
What You Should Know:
-TailorMed, a leading innovator in healthcare technology, announced a $40 million financing round combining equity and debt. This investment positions the company to advance its bold vision of transforming medication access, adherence, and affordability across the United States.
- Windham Capital Partners led the round, alongside Citi Impact Fund, Samsung Next, and BrightEdge, and the investment arms of some of the nation’s top health systems: Providence Ventures, OSF
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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
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
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
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
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
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
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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