The costs for drug discovery and development are skyrocketing, but AI (artificial intelligence) is introducing new efficiencies to help find effective treatments faster.
A study in 2020 concluded that the estimated median capitalized research and development cost per product was $985 million. Contributing factors to this included larger trial sizes, the need to assess health technology, the requirement to provide data on comparative drugs’ effectiveness, and most
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Healthcare Algorithms | News, Analysis, Insights - HIT Consultant
TytoCare Launches Donation Initiative for Global Communities in Need
What You Should Know:
- TytoCare, the global healthcare industry’s first all-in-one modular device and examination solution for AI-powered, on-demand, remote physical exams, is announcing today the launch of its new giveback initiative, TytoCareS.
- The program will facilitate and supplement device donations from TytoCare and its partners, including health systems and insurers, to provide increased access to clinic-quality care to communities in need.
Enabling Donations of Devices
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Google Cloud Launches AI-Powered Medical Imaging Suite
What You Should Know:
- Google Cloud launches Medical Imaging Suite that addresses common pain points organizations face in developing artificial intelligence (AI) and machine learning models.
- Google Cloud enables the development of AI for imaging to support faster, more accurate diagnosis of images, increased productivity for healthcare workers, and improved care access and outcomes for patients.
Google Cloud's Medical Imaging Suite Key Features
Key features of the Medical
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Surge Raises $2.6M for Blood Test to Predict Post-Surgery Complications
What You Should Know:
- Biotech and medical AI innovator Surge announced a $2.6M round co-led by HCVC, a global early-stage fund dedicated to high-potential technology startups, and Boutique Venture Partners, a leading fund based in the Silicon Valley . Veteran angel investors, including Nicolas Godin, the COO/CFO of Cardiologs, also participated in the round.
- Based on an exclusive license to Stanford's patented postoperative complication prediction technology, Surge's flagship product
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Eko Lands $2.7M NIH Grant to Train Pulmonary Hypertension AI
What You Should Know:
- Eko, a digital health company applying machine learning in the fight against heart and lung disease, today announced that it was awarded a $2.7M Small Business Innovation Research (SBIR) Direct Phase II grant by the National Institutes of Health’s (NIH) Department of Health and Human Services (HHS).
- The grant will fund the development of a machine learning algorithm that detects and stratifies pulmonary hypertension (PH) using phonocardiogram (PCG) and
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Physicians and Technology: A Blessing or a Curse?
Burnout is a growing situation that has been slowly undermining the productivity of physicians and their staff. And in recent years, it’s gotten worse as demands from patients, documentation, and regulatory requirements increase.
Adding to the situation are challenges related to added technology, the need to be virtual and to meet patients where they are, and the need to keep up with constantly changing information and landscape in terms of what our patients need from us.
Kirk Davis,
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Biometrics as the Next Frontier of Authentication in Healthcare
As a result of the COVID-19 pandemic, more healthcare consumers than ever before have begun to engage digitally with their healthcare providers rather than seek in-person treatment and care options. A survey recently released by software company Redpoint Global found that 65 percent of consumers reported using telehealth during the pandemic, with 34 percent of those respondents indicating they will continue to do so as the pandemic winds down.
In this context, it’s no surprise that
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AI-Powered Pop Health and SDOH – The Good, The Bad and The Best Practices
Artificial intelligence (AI) has emerged as a powerful tool for making population health analytics more accurate and interventions more effective. Not all AI-powered pop health tools are created equal, and while many still exhibit different types of bias that limit their ability to accurately identify issues affecting certain populations, we have learned a lot about the sources of bias in AI and how to eliminate them. AI shortcomings aside, pop health analytics have advanced to the point that we
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Withings Unveils New Body Comp Smart Scale & Health+ Service
What You Should Know:
- Withings is reimagining the use of smart scales and home health optimization with the introduction of Body Comp, a complete body assessment scale measuring multiple biomarkers typically only assessed in a professional clinical setting, and Health+ an enhanced service providing detailed health analysis and tools to help people improve their health by building a health routine.
- Bundled together, Body Comp and 12-month access to Health+ will be available from October
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KLAS: 7 Key Healthcare Trends in Microsoft Cloud Technologies in 2022
What You Should Know:
- A new report from KLAS focuses on healthcare-specific deployments of Microsoft Cloud Technologies, especially Microsoft Azure, which is receiving strong market interest.
- This study is meant to help organizations considering Microsoft Cloud technologies understand their current use, the overall customer experience, and the impact of the solutions.
Key Healthcare Trends in Microsoft Cloud Technologies in 2022
While still early, healthcare is gaining momentum
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