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AI in Healthcare| AI Impact for Researchers, Clinicians| Policy, News, Analysis, Insights - HIT Consultant

Invoca Raises $83M to Optimize Contact Center Experience

by Fred Pennic 06/14/2022 Leave a Comment

Invoca Raises $83M to Optimize Contact Center Experience

What You Should Know: - Invoca, the cloud leader in AI-powered conversation intelligence for revenue teams" has raised $83M in its Series F at a $1.1B valuation led by - With 6 of the top 10 U.S. health systems, 3 of the top 8 U.S. physical therapy clinics, and 4 of the top 6 U.S. dental service organizations already using Invoca, this recent round of funding will help improve the contact center experience for healthcare organizations.  Addressing Healthcare Staffing
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AI for Behavioral Health Gets Boost With Ontrak-Eleos Partnership

by Strategic Partnerships 06/08/2022 Leave a Comment

AI for Behavioral Health Gets Boost With Ontrak-Eleos Partnership

What You Should Know: - Eleos Health, a behavioral health tech company and Ontrak Health (NASDAQ: OTRK), a healthcare company are teaming up to integrate their respective  AI platforms to support behavioral health care for Ontrak’s members.- Ontrak specializes in serving the most vulnerable members of the behavioral health population who would otherwise fall through the cracks of the healthcare system. Eleos integration equips Ontrak’s behavioral health providers with greater insights into
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L7 Informatics Raises $38M to Digitalize Precision Healthcare

by Jasmine Pennic 06/07/2022 Leave a Comment

L7 Informatics Raises $38M to Digitalize Precision Healthcare

What You Should Know: - L7 Informatics, a leader in software for life sciences that delivers a flexible end-to-end platform for precision healthcare, today announced a $38M investment led by Banneker Partners with participation from its pre-existing investors. - The company will use the new funding to accelerate product development, expand L7|ESP's global reach, and build on L7's outstanding customer support. Precision healthcare offers significant improvements in
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M&A: Bain Capital Acquires Majority Stake in LeanTaaS

by Fred Pennic 06/06/2022 Leave a Comment

LeenTaaS Secures $130M for ML Platform to Help Hospitals Achieve Operational Excellence

What You Should Know: - Private equity firm Bain Capital has acquired a majority stake in the company in LeanTaaS, a leading provider of cloud software solutions for optimizing hospital operations and capacity management that will enable LeanTaaS to accelerate its rapid growth trajectory. - LeanTaaS’ cloud-based iQueue solutions help hospitals transform their approach to care delivery and improve capital and scarce resource decision-making by optimizing the utilization of
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Insilico Medicine Raises $60M, Launches AI-powered Drug Discovery Robotics Laboratory

by Fred Pennic 06/06/2022 Leave a Comment

Insilico Medicine Raises $60M, Launches AI-powered Drug Discovery Robotics Laboratory

What You Should Know: - Insilico Medicine, an NYC-based clinical-stage end-to-end artificial intelligence (AI)-driven drug discovery company raises $60 million in Series D financing from a syndicate of global investors with expertise in investing in the biopharmaceutical and life sciences sectors. - Insilico is also launching a new state-of-the-art robotics lab and fully robotic biological data factory. They have seen a string of successes thus far in 2022, including the
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PwC Report: 5 Key Actions for Pharma Companies to Drive Value Growth

by Jasmine Pennic 06/03/2022 Leave a Comment

PwC Report: 5 Key Actions for Pharma Companies to Drive Value Growth

What You Should Know: - A new PwC report offers insights into how pharma companies can translate game-changing science into greater returns. - Despite many major therapeutic advancements within the last decade, returns from pharma companies lagged the S&P 500 by about one-third and biotech underperformed by 60 percent. The stock performance divide between the front and back of the pack has been widening. PwC’s analysis showed that in 2021, the five-year
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C2i Genomics, Karkinos Healthcare Partner to Bring AI-Powered Cancer R&D to India

by Strategic Partnerships 06/02/2022 Leave a Comment

C2i Genomics, Karkinos Healthcare Partner to Bring AI-Powered Cancer R&D to India

What You Should Know: - C2i Genomics, a cancer intelligence company, announced a strategic partnership with Karkinos Healthcare to develop the first whole-genome sequencing (WGS) MRD test that will further R&D efforts in India. - This partnership will improve diagnostic labs in India by providing them with the ability to validate and monitor the quality of whole-genome cancer screening and minimal residual disease (MRD) products faster. AI-Powered Cancer Detection and Monitoring
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Lightbeam Health Acquires Jvion AI and SDOH Solutions – M&A

by Fred Pennic 05/31/2022 Leave a Comment

Jvion Brings AI-Powered Clinical Insights to NTT DATA's Nucleus for Healthcare Platform

What You Should Know: – Lightbeam Health Solutions, Inc., a provider of population health management solutions and services has entered into an asset purchase agreement to acquire the operating assets related to Jvion, Inc., including Jvion’s market-leading AI-enabled prescriptive analytics and social determinants of health (SDoH) solutions.  -The strategic partnership combines Lightbeam’s health analytics and outcomes for payers and providers with the Jvion’s predictive technology.
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St. Peter’s Health to Deploy Innovaccer Health Cloud for Optimized Care Management

by Fred Pennic 05/31/2022 Leave a Comment

St. Peter’s Health to Deploy Innovaccer Health Cloud for Optimized Care Management

What You Should Know:   St. Peter’s Health, a regional nonprofit healthcare system in Helena, Montana, is moving to the InnovaccerⓇ Health Cloud's Data Activation Platform to support its mission of providing exceptional and compassionate care that treats the whole person and improves the health, wellness, and quality of life for the communities it serves. The health system, an integrated network with more than 100 providers, a 99-bed acute care hospital, physician and urgent care
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Survey: Patient Trust Not a Barrier to AI Medical Imaging Adoption

by Jasmine Pennic 05/31/2022 Leave a Comment

Survey: Patient Trust Not a Barrier to AI Medical Imaging Adoption

What You Should Know: According to data from Intelerad, patient trust is not a barrier to AI adoption by medical imaging professionals in the U.S. 64% of respondents either trust or are neutral about a diagnosis solely from AI. The Intelerad study of over 1,000 healthcare consumers across the U.S. uncovers the impact of healthcare’s digital transformation on the healthcare consumer in a post-pandemic world. The results unveil new insights into patient attitudes toward AI. Patient
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