What You Should Know
The Raise: Frist Cressey Ventures (FCV) has closed an oversubscribed $425M Fund IV, bringing its total assets under management to nearly $1 billion.The Strategy: The new fund will focus on early-stage healthcare companies transforming care delivery, with a specific emphasis on AI-native business models and tech-enabled services.The "Moat": FCV’s strategic Limited Partners (LPs)—including The Cigna Group, MedStar Health, and OhioHealth—provide healthcare to over 50% of the
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
Merck to Leverage Mayo Clinic Platform_Orchestrate for AI-Enabled Drug Discovery
What You Should Know
The Deal: Merck and Mayo Clinic have signed a strategic research agreement to apply AI and multimodal data to drug discovery. This is Mayo Clinic's first collaboration of this scale with a global biopharma company.The Data: Merck gains access to Mayo Clinic Platform_Orchestrate, a treasure trove of de-identified clinical data, genomic datasets, lab results, imaging, and clinical notes from the world's top-ranked hospital system.The Focus: The partnership will initially
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Houston Methodist Deploys Ambience Healthcare for System-Wide Clinical Documentation
What You Should Know
The Rollout: Houston Methodist, one of the nation's leading academic medical centers, is deploying Ambience Healthcare's AI platform enterprise-wide. This isn't just a pilot; it covers ambulatory, emergency, and inpatient settings.The Impact: The data from the initial deployment is staggering. Clinicians saw a 40% reduction in documentation time, a 33% drop in after-hours work ("pajama time"), and a 27% increase in face time with patients.The Scale: Unlike many ambient AI
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GE HealthCare Expands $35M BARDA Contract to Develop AI-Powered Trauma Ultrasound
What You Should Know
The Deal: GE HealthCare has secured a $35M expansion to its contract with BARDA (part of HHS). The funding is a cost-share arrangement to accelerate the development of AI-powered ultrasound technology.The Mission: The goal is to create "mass casualty" ready tools—ultrasound devices that can be used by non-experts in high-pressure environments like field hospitals and disaster zones.The Tech: The new AI tools will automate the detection of lung pathologies and
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McLaren Health Care Partners with Bunkerhill Health for AI-Powered Cardiovascular Screening
What You Should Know
The Launch: McLaren Health Care has launched a first-of-its-kind cardiovascular screening program in Michigan, partnering with Bunkerhill Health.The Tech: The program uses the Carebricks platform to analyze existing routine chest CT scans (originally taken for lung cancer or infection) to detect "incidental" signs of heart disease that human radiologists might not prioritize.The Innovation: McLaren is the first system in Michigan—and one of only five in the nation—to
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The “Pilot Purgatory”: Why 80% of Pharma AI Projects Fail (And How to Fix It)
Artificial intelligence is rapidly reshaping the life sciences industry, influencing everything from early-stage drug discovery to clinical operations, manufacturing, and patient engagement. While enthusiasm for AI remains strong, many organizations continue to struggle with moving from experimentation to scalable, enterprise-ready deployment. Recent industry data found that 80% of healthcare AI projects fail to scale beyond the pilot phase. In highly regulated environments like healthcare, AI
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Montreal AI Company Secai Raises $6.2M to Automate the Front Desk and the Exam Room
What You Should Know
The Raise: Montreal-based Secai has closed a $6.2M Series A financing round to expand its footprint across Canada and the United States.The Tech: The company offers a two-pronged solution: Voxira (autonomous voice reception) and NoteGen (clinical documentation). Together, they aim to automate both patient access and the medical encounter itself.The Credibility: Secai has become the first and only voice AI to receive TGV certification from the Quebec Ministry of Health
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Medicomp Launches AI Validation Tools to Stop Clinical Hallucinations
What You Should Know
The Launch: Medicomp Systems has unveiled a new suite of intelligence tools designed to "ground" AI in clinical reality. The announcement comes ahead of the ViVE 2026 and HIMSS26 conferences.The Problem: As healthcare rushes to adopt generative AI (like ambient scribes), there is a growing risk of "inaccurate, incomplete, or poorly structured data" entering the Electronic Health Record (EHR) without validation.The Tech: Medicomp is introducing a Model Context Protocol
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Anterior Secures $40M to Expand AI Deployments in Health Plans
What You Should Know
The Funding: Anterior, a clinician-led AI platform for health plans, has raised a $40M funding round, bringing its total capital to $64M. The round included participation from NEA, Sequoia Capital, FPV, and Kinnevik.The Model: Unlike point solutions that often stall at the pilot stage, Anterior uses a "Forward Deployed Clinician" model. This means they embed their own clinicians alongside health plan staff to optimize AI accuracy and drive adoption.The Results: This
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Ambience Healthcare Launches “Chart Awareness” to Automate Coding and Clinical Summaries
What You Should Know
The Leap: Ambience Healthcare has launched "Chart Awareness," a capability that allows its AI to interpret a patient’s full longitudinal record (labs, imaging, prior notes) rather than just transcribing the current conversation.The Features: The update includes Chart-Aware Patient Summaries, Diagnostics (auto-extracting lab trends), and Coding (substantiating complex codes like G2211 based on patient history).The Proof: In a head-to-head evaluation at MultiCare Health
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