Nym, an Israeli-based autonomous medical coding technology provider announced that it has secured a $6 million seed funding, led by Bessemer Venture Partners. Founded in 2018 by Amihai Neiderman and Adam Rimon, Nym’s automatic medical language understanding technology streamlines the hospital revenue cycle.Traditional Cumbersome Medical Coding ProcessThere are over 250,000 medical coders in the United States today manually reviewing patient charts and assigning the applicable medical codes
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AI in Healthcare| AI Impact for Researchers, Clinicians| Policy, News, Analysis, Insights - HIT Consultant
Women’s Health Network to Launch AI- Enabled Digital Voice Assistant for its 1500 Physicians
National women’s health network Unified Physician Management (Unified) announced that it is teaming up with Suki to offer an artificial intelligence-powered, voice-enabled digital assistant to its national network of women’s health care providers. Suki uses a combination of voice commands from physicians and the context in which they practice to create a clinically accurate note that is then sent to an electronic health record (EHR) system.Unified LocationsUnified has medical practice
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Mount Sinai Launches Center for Artificial Intelligence and Human Health
The Icahn School of Medicine at Mount Sinai today announced the launch of a new center dedicated to advancing the delivery of health care through research, development, and implementation of innovative artificial intelligence tools and technologies. The Hamilton and Amabel James Center for Artificial Intelligence and Human Health in Manhattan to combine artificial intelligence with data science and genomics in a standalone site. The building will enable researchers to enhance their
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PE Firm Exploring Sale of HealthChannels’ Portfolio of 4 RCM Companies
Vesey Street Capital Partners (VSP), a strategic private equity firm with substantial and differentiated Healthcare Services sector and sourcing expertise is exploring the sale of its portfolio company HealthChannels. With 13,000 employees across 50 states and three countries, HealthChannels is comprised of four highly specialized revenue cycle management companies:- ScribeAmerica, the nation’s most frequently used medical scribe company, with a reach of over 30 million patients through more
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Novant Health Launches Institute of Innovation & Artificial Intelligence
Novant Health has launched the Novant Heath Institute of Innovation & Artificial Intelligence (AI), which will use AI to enhance personalized patient care. The institute will focus on the advanced technologies required to provide highly personalized care and accelerated solutions with actionable data and insights for preventive prediction, diagnosis, and treatment to Novant Health’s patients.Novant Heath Institute of Innovation & AI OverviewThe institute will partner with technology
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3 Things Patients Want From Their Healthcare Financial Experience
In most healthcare organizations, basic automation is used to complete individual revenue cycle tasks. Seldom, however, is technology used to optimize entire revenue cycle management (RCM) processes and improve the patient financial experience.
The situation is dramatically different outside of healthcare in industries that have long competed for direct consumer dollars.
To book an airline flight, for example, consumers simply open up an app or a website. At their convenience — any time of day
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3 Factors Fueling Hospital Drug Diversion, The Silent Partner in the Opioid Epidemic
BD (Becton, Dickinson and Company), a global medical technology company, today released a first-of-its-kind report based on an independent national survey that examines drug diversion in U.S. hospitals, an underreported contributor to the opioid epidemic.Defining Hospital Drug DiversionHospital drug diversion, when a healthcare worker “diverts” opiates or other controlled substances away from patients for personal use or sale remains a significant challenge that is largely underdiscussed. Left
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Quest Diagnostics Confirms 12M Patients Information Exposed in Data Breach
Quest Diagnostics, one of largest providers of diagnostic testing in the US, today confirmed that nearly 12 million customers may have had information compromised due to a data breach. American Medical Collection Agency (AMCA), a billing collections service provider notified Quest Diagnostics that an unauthorized user had access to AMCA’s system containing personal information AMCA received from various entities, including from Quest. AMCA provides billing collections services to Optum360, a
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EarlySign Unveils Commercial Availability of AI Diabetes Risk Predictors Algorithm
Medial EarlySign – an Israeli health AI company
has just announced the commercial availability of its first suite of machine
learning-based predictive diabetes risk solutions. Expanding the company’s
portfolio of clinical risk predictors, these new diabetes-focused AlgoMarkers
are designed to help healthcare systems identify and engage patients at high
risk for diabetes and downstream
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Data-Driven Precision Medicine Startup Tempus Lands $200M to Expand Into New Therapeutic Areas
Tempus, a leading technology company advancing precision medicine through the collection and analysis of molecular and clinical data, announced today an additional $200M financing at a value of $3.1 billion dollars. The investors include Baillie Gifford, Franklin Templeton, NEA, Novo Holdings, Revolution Growth, and funds and accounts managed by T. Rowe Price. With this latest round, the company has raised $520 million since its founding in September 2015.Founded in 2015, Tempus has the largest
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