What You Should Know:
- Phare Health, a London-based startup, has secured $3.1M million in seed funding led by General Catalyst to transform hospital financial management in the UK and Europe.
- The company's AI-powered solution bridges the gap between clinicians' notes and hospital management, enabling better resource allocation and improved patient care.
Harnessing AI for Healthcare Efficiency
Phare Health's groundbreaking AI system extracts valuable insights from clinicians'
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Health IT | News, Analysis, Insights - HIT Consultant
RSNA23: Cleveland Clinic and Canon to Establish Comprehensive Imaging Research Center
What You Should Know:
- Cleveland Clinic and Canon Inc. have announced a strategic research partnership to develop innovative imaging and healthcare IT technologies aimed at improving diagnosis, care, and outcomes for patients.
- The two organizations expect to establish a comprehensive imaging research center, potentially including shared workspace in an existing building in Cleveland's Fairfax neighborhood, adjacent to Cleveland Clinic's main campus.
Establishment of a Comprehensive
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RSNA23: Philips Expands Enterprise Imaging Portfolio with AI-Powered Solutions
What You Should Know:
- Philips, a global provider of health technology, announced the expansion of its enterprise imaging portfolio and AI-enabled solutions at the annual meeting of the Radiological Society of North America (RSNA).
- Philips HealthSuite Imaging is a next-generation cloud-based PACS designed to help radiologists and clinicians adopt new capabilities faster, improve operational efficiency, and enhance patient care.
Key Highlights of Philips HealthSuite
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Guarding Patient Privacy in the Age of AI Healthcare
2022 research from Morning Consult reveals that the healthcare field in particular has witnessed substantial enhancements in medical diagnoses, mental health evaluations, and the expeditious discovery of treatment options following the implementation of artificial intelligence (AI). In fact, 59% of U.S. healthcare executives believe that AI is effective at improving clinical outcomes.
While AI has proven valuable in the industry, its application in healthcare carries
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RadNet Embraces AI-Powered Medical Coding with Maverick Medical AI Partnership
What You Should Know:
- Maverick Medical AI, a provider of an innovative and autonomous AI-powered medical coding platform forms a strategic partnership with RadNet, Inc., a national provider of free-standing, fixed-site radiology diagnostic imaging services in the United States.
- This groundbreaking partnership will integrate Maverick's Autonomous Medical Coding platform into RadNet's extensive network of imaging centers, paving the way for significant advancements in revenue cycle
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HOPPR Launches Foundation AI Model for Medical Imaging
What You Should Know:
- HOPPR, a company developing artificial intelligence (AI) solutions for medical imaging, has announced the launch of Grace, a multimodal foundation model that enables image-to-image and text-to-image learning across all medical imaging modalities.
- Grace is available via private beta to developers, radiology PACS, and AI companies for fine-tuning and application development.
Key Benefits of Grace
- Unlocks diagnostic, clinical, and operational value from
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Automating Implant Orders: A Turning Point in Healthcare’s Digital Transformation
Advancements in medical technology have increased the demand for surgical implants. These implants, such as artificial joints and heart valves, pacemakers, ventricular shunts and cochlear implants, have revolutionized how doctors treat patients, helping them live better, more fulfilling lives.
The implantable device market is projected to reach $166.3 billion by 2032. Although this growth is exciting, it also highlights the need for healthcare to transform
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Summer Health Expands to Primary Care for Parents
What You Should Know:
Summer Health, a text-based service for parents to get answers to urgent needs from pediatricians, is expanding into primary care.
Improving Access to Medical Professionals
Summer Health's care teams are expanding their services to benefit thousands of parents across the nation in the following ways:
1. Families will now have unlimited access to dedicated medical practitioners assigned to their accounts, similar to a primary pediatric practice. Each
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Tata Consultancy Services Faces $125M Loss in Epic Systems Legal Battle
What You Should Know:
- Tata Consultancy Services (TCS), India's largest information technology services company, has been ordered to pay $140M in punitive damages to Epic Systems Corporation in a long-running legal dispute over intellectual property, Business Standard reports.
- The decision by the Supreme Court of the United States upholds a lower court's ruling and will have a significant impact on TCS's financial results for the third quarter of 2023.
Epic Systems Corporation vs.
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Cleveland Eliminates $33M in Medical Debt for 16,000 Residents
What You Should Know:
- In a significant step towards alleviating the financial burden of medical debt on its residents, Cleveland has partnered with RIP Medical Debt, a national non-profit organization, to eliminate $33M in medical debt owed by nearly 16,000 Clevelanders.
- This initiative, funded by $1.9M from the American Rescue Plan Act (ARPA), demonstrates the city's commitment to addressing the critical issue of medical debt and improving the lives of its residents.
The
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