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

Artera Launches with $90M for Multimodal AI, Predictive Cancer Tests

by Syed Hamza Sohail 03/21/2023 Leave a Comment

Artera Launches with $90M for Multimodal AI, Predictive Cancer Tests

What You Should Know: - Artera, the developer of multimodal artificial intelligence-based predictive and prognostic cancer tests, launches publicly today with $90M in funding. - The investment comes from a syndicate of prominent tech and healthcare investors, comprised of seven institutions (Coatue, Johnson & Johnson, Koch Disruptive Technologies, Walden Catalyst Ventures, TIME Ventures, Breyer Capital, The Factory) and 11 angel investors (Marc Benioff, Jim Breyer, Lip-Bu Tan, Chris
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NVIDIA Unveils Generative AI Service to Advance Life Sciences R&D

by Fred Pennic 03/21/2023 Leave a Comment

NVIDIA Unveils Generative AI Service to Advance Life Sciences R&D

What You Should Know: - NVIDIA today announced an expanded set of generative AI cloud services for customizing AI foundation models to accelerate the creation of new proteins and therapeutics, as well as research in the fields of genomics, chemistry, biology and molecular dynamics. - Part of NVIDIA AI Foundations, the new BioNeMo™ Cloud service offering — for both AI model training and inference — accelerates the most time-consuming and costly stages of drug discovery. It
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Nuance and Microsoft Launches AI-Automated Clinical Documentation App

by Fred Pennic 03/20/2023 Leave a Comment

Nuance and Microsoft Launches AI-Automated Clinical Documentation App

What You Should Know: - Nuance Communications and Microsoft launches DAX Express, a workflow-integrated, fully automated clinical documentation application and the first to combine proven conversational and ambient AI with the newest and most capable generative AI technology, GPT4. - DAX Express creates draft clinical notes automatically and securely in seconds from exam room or telehealth patient conversations for immediate clinical review after each
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 Are Hospitals Ready for Alzheimer’s Treatment Approval?

by John Showalter, MD, Chief Product Officer at Linus Health 03/20/2023 Leave a Comment

 Are Hospitals Ready for Alzheimer's Treatment Approval?

The FDA’s recent accelerated approval of Leqembi was welcome news across the Alzheimer’s community. However, few health systems, medical practices, or providers are prepared for the extraordinary public interest in a treatment for Alzheimer’s disease – especially not one targeting mild cognitive impairment (MCI) and early dementia due to Alzheimer’s disease – that is likely headed their way soon. The unprecedented scale of the public health and marketing campaigns, the high prevalence of MCI in
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Digital Health Exec Hires: Transcarent Appoints CMO, Carium, Tegria, Swift Medical, GoCheckKids, Others

by Fred Pennic 03/17/2023 Leave a Comment

Transcarent appoints Dr. Randy Hawkins as Chief Medical Officer (CMO) and will report to Transcarent Chief Executive Officer, Glen Tullman. As CMO, Dr. Hawkins will oversee the organization’s clinical quality initiatives and support the organization’s health analytics strategy. Swift Medical has appointed Brian Litten as its new Chief Executive Officer effective immediately. Litten brings decades of healthcare leadership experience across health plans, provider organizations, regulatory
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Accelerating Clinical Trials Through AI-Enabled Precision Oncology

by Marie E. Lamont, Global RWE Data Strategy, Access & Enablement at IQVIA and General Manager 03/17/2023 Leave a Comment

Accelerating Clinical Trials Through AI-Enabled Precision Oncology

The American Cancer Society’s Cancer Statistics 2023 report highlighted a few major accomplishments within oncology, such as decreased cancer mortality rates and increased trial diversity. However, there is still much work to be done. Especially with the multiple types of new and ongoing challenges clinicians and staff members are facing - such as high turnover rates, decreased budgets and increased feelings of burnout - taking the necessary steps to enhance clinical trial procedures is crucial
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New Medical Billing Codes You Should Know About

by Jim Collins, President of Medcare MSO 03/16/2023 Leave a Comment

Physicians need to keep their billing and coding right to ensure seamless reimbursements from payers. Similarly, they should stay updated with the latest coding changes to keep their revenue cycle intact. In addition, running a successful medical practice is a daunting task as the providers need to stay updated with the industry guidelines. The year 2023 is bringing changes in medical codes to help providers reduce their burden and streamline patient care. So, providers need to stay focused on
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Protai Raises $20M to Build an Oncology Drug Discovery Pipeline

by Syed Hamza Sohail 03/15/2023 Leave a Comment

Protai Raises $20M to Build an Oncology Drug Discovery Pipeline

What You Should Know: - Protai, a proteomics and AI-powered drug discovery startup revolutionizing the way new drugs are discovered, today announced a $12 million extension of its seed round, bringing the total amount to $20M. - The round includes existing investors Grove Ventures and Pitango Healthcare and was joined by Copenhagen-based Maj Invest Equity Fund. The additional funding will be used to build Protai’s oncology drug discovery pipeline, expand data
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TytoCare Receives FDA Clearance for AI-Powered Tyto Insights for Wheeze Detection

by Syed Hamza Sohail 03/15/2023 Leave a Comment

TytoCare and Overlake Partner to Expand Virtual Care Offerings

- TytoCare, a virtual care company enabling accessible, high-quality primary care from home, today announced that it received FDA clearance for its Tyto Insights for Wheeze Detection, paving the way for its rollout in the US. - The wheeze detection algorithm expands the company’s existing AI-powered Tyto Insights™ smart diagnostic capabilities, filling the quality gaps currently experienced with traditional telehealth and alleviating challenges imposed by the ongoing shortage of healthcare
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5 Key Trends Driving Purchasing Decisions in Healthcare IT

by Rohinee Lal, Principal Analyst at Signify Research 03/14/2023 Leave a Comment

5 Key Trends Driving Purchasing Decisions in Healthcare IT

As the healthcare industry continues to evolve and transform with providers facing increasing financial burdens and dynamic patient expectations, Signify Research has had the opportunity to speak to 100s of C-suite health IT executives and departmental decision-makers.  Our conversations with these healthcare leaders have provided greater insight into their organizations’ technology and business strategies.  It has also illuminated their views on the industry’s most pressing issues.  Here are
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