The sector that is perhaps the most critical candidate for digital transformation is the healthcare sector - the US healthcare system wastes approximately $1 trillion a year and most of it is due to administrative complexity leading to a wastage in medical supplies and equipment. The sector is slowly jumping on the bandwagon of digital transformation in an attempt to improve healthcare provision and increase the efficacy of processes.
In the midst of the ongoing digital transformation
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Health IT | News, Analysis, Insights - HIT Consultant
American College of Radiology Launches Medical Practice AI Quality Assurance Program
What You Should Know:
- The American College of Radiology (ACR) has taken a groundbreaking step towards ensuring the safe and effective use of artificial intelligence (AI) in radiology practices. They've launched the ACR Recognized Center for Healthcare-AI (ARCH-AI), the first national quality assurance program of its kind.
- The program is built on best practices established by experts in the field. It outlines a clear framework for implementing AI in real-world radiology settings,
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PicnicHealth Unveils Universal Patient Record with GenAI
What You Should Know:
- PicnicHealth, a company focused on empowering health and research through patient data, announced PicnicAI, a technology platform unlocking the long-awaited Universal Patient Record.
- The innovative platform leverages the power of artificial intelligence (AI) to collect and interpret medical records from across the United States, transforming them into valuable insights for both patients and researchers.
PicnicAI: Powering Personalized Care and
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CipherHealth Secures Investment from Atalaya Capital Management
What You Should Know:
- CipherHealth, Inc., a leading innovator in patient-centered communication solutions, today announced a strategic investment from Atalaya Capital Management. This capital infusion will fuel CipherHealth's ongoing growth and expansion efforts.
- CipherHealth's solutions are designed to deliver personalized, relevant, and actionable communication to patients. This ensures that patients receive the information they need, when they need it, ultimately leading to
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IncludeHealth OrthoForum Value Network Partner to Optimize Musculoskeletal Care
What You Should Know:
- IncludeHealth, a leading provider of virtual physical therapy and patient data collection, has partnered with OrthoForum Value Network (OVN) to advance value-based musculoskeletal care. This partnership designates IncludeHealth as OVN's preferred partner for digital technology and virtual physical therapy.
- OrthoForum Value Network, which encompasses 150 orthopedic groups and 5,000 physicians across 45 states, connects employers and patients with experienced
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CHAI Releases Draft Responsible Health AI Framework
What You Should Know:
- Today the Coalition for Health AI (CHAI) released a draft framework for responsible health AI with an invitation for public review and comment.
- The framework, consisting of an Assurance Standards Guide, provides considerations to ensure standards are met in the deployment of AI in healthcare. This draft
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eVisit Acquires UPMC’s Inpatient Teleconsult Technology
What You Should Know:
- eVisit, a provider of virtual care solutions for health systems, announced a significant expansion today through a three-pronged approach: acquisition of UPMC's inpatient teleconsult technology, strategic investments from UPMC Enterprises and MedStar Health, and the addition of key figures to its Clinical Advisory Board.
- The strategic expansion solidifies eVisit's leadership in the telehealth landscape, empowering healthcare systems to deliver exceptional
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FDA Clears AliveCor’s Heart Attack-Detecting AI Kardia 12L ECG System
What You Should Know:
- AliveCor, a leader in AI-powered cardiology, has received FDA clearance and launched a groundbreaking innovation – the Kardia™ 12L ECG System with KAI™ 12L AI technology.
- AliveCor's Kardia 12L ECG System signifies a major advancement in cardiac diagnostics. By combining cutting-edge AI technology with a portable and user-friendly design, the system empowers healthcare professionals to deliver faster, more accurate, and more accessible cardiac
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Glass Half-Full: How Practically Applied Generative AI Will Enhance Healthcare Operations
The year 2023 marked a milestone for generative AI, bringing unprecedented attention to the immense potential of AI technologies across industries. As a physician who also leads a team of data scientists, I'm thrilled to see this broader market awareness – but it’s important to recognize that AI has been quietly advancing healthcare for decades.
In fact, AI was first applied in the field of biomedical research as early as the 1970s. Over the following decades, as manual data modeling
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Adonis Raises $31M to Expand AI-Powered Revenue Cycle Automation
What You Should Know:
- Adonis, a healthcare revenue intelligence and automation company raises $31M in Series B funding led by Point72 Private Investments, bringing Adonis’ total funding to $54M.
- With this new funding, Adonis plans to accelerate product innovation, expand its reach within health systems, and grow its team based in New York City. This latest investment round follows a successful Series A round of $17.3M led by General Catalyst just twelve months ago.
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