What You Should Know:
- GeneDx, a company focused on improving health outcomes through genomic insights, has announced its plans to acquire Fabric Genomics, a pioneer in AI-powered genomic interpretation.
- The acquisition aims to position GeneDx at the forefront of the next phase of genomic medicine, characterized by decentralized testing with centralized intelligence. Following the closing of the acquisition, Fabric Genomics will initially operate independently while
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
Assort Health Raises $26M for Specialty-Specific GenAI Platform for Managing Patient Phone Calls
What You Should Know:
- Assort Health, a company specializing in AI solutions for managing patient phone calls in healthcare, has announced a new round of institutional financing co-led by First Round Capital and Chemistry, with continued support from existing investor Quiet Capital, bringing the company's total funding to $26M.
- The funding will be used to accelerate Assort Health's mission of improving access to care by addressing the issues of long hold times and scheduling
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RadNet to Acquire iCAD for $103M in All-Stock Transaction
What You Should Know:
- RadNet, Inc., a national leader in providing high-quality, cost-effective diagnostic imaging services and digital health solutions, and iCAD, Inc., a global leader in AI-powered breast health solutions, announced that they have entered into a definitive merger agreement.
- Under the agreement, RadNet will acquire iCAD for $103M in an all-stock transaction.
Financial Details
Based on RadNet’s closing price on Monday, April 14, 2025, the transaction
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World’s First AI Lung Sound Suite: TytoCare Gets FDA Clearance for Rhonchi
What You Should Know:
- TytoCare, a pioneering virtual care company dedicated to delivering accessible, high-quality primary care from the comfort of home announced the company has become the first in the world to receive FDA clearance for its AI-based detection of all three major abnormal lung sounds.
- The milestone was reached with the FDA clearance of Tyto Insights™ for Rhonchi Detection, completing TytoCare’s comprehensive AI-powered lung sound suite. With this latest
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The AI Hype Cycle in MedTech: Navigating the Trough of Disillusionment
The emerging technologies hype cycle had multiple AI applications at the peak of inflated expectations in 2023 and were just beginning the ride down to the Trough of Disillusionment in 20241 2. For years, it’s been said that “the use of data and algorithms is going to transform healthcare.” While true to a degree, we see that MedTech companies that invest in trends like artificial neural networks, analytics, big data analytics, and now AI, often struggle to yield a significant return on
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Sware & Salesforce Partner to Bring AI-Driven Technology to the Life Sciences Cloud
What You Should Know:
- Sware, the leading provider of comprehensive GxP validation solutions for innovative life sciences and technology companies, today announced that it will deliver GxP computer systems validation of Salesforce Life Sciences Cloud.
- Life Sciences Cloud empowers pharmaceutical and medical technology organizations to accelerate drug and device development, recruit and retain patients across clinical trials, and leverage AI to deliver personalized customer
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Thoughtful.ai Secures Strategic Investment to Advance AI-Powered Revenue Cycle Automation
What You Should Know:
- Thoughtful.ai, a company specializing in artificial intelligence (AI)-powered revenue cycle automation has received a strategic investment from New Mountain Capital, a growth-oriented investment firm with over $55B in assets under management.
The investment aims to support Thoughtful.ai’s continued growth and accelerate the adoption of automation and AI solutions to address the complex challenges faced by healthcare
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Healthcare IT Leaders Prioritize ROI and Workforce Support Amidst AI Growth, Stoltenberg Consulting Survey Finds
What You Should Know:
- Healthcare leaders are grappling with resource strain while focusing on maximizing returns on their IT investments, according to Stoltenberg Consulting’s 12 annual Health IT Industry Outlook Report.
- Stoltenberg Consulting's survey included healthcare CIOs, all members of the College of Healthcare Information Management Executives (CHIME), representing a diverse range of U.S. hospital facilities. These included multi-hospital health systems, community hospitals,
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Sharp HealthCare to Deploy Abridge GenAI Platform to Enhance Clinical Documentation
What You Should Know:
- Sharp HealthCare, the largest integrated health system in San Diego, is set to implement the Abridge generative AI platform across its enterprise.
- The implementation will streamline the creation of medical documentation, ensuring it is comprehensive, compliant, and billable, thereby enabling clinicians to dedicate their full attention to patient care. Abridge's technology will be deployed throughout Sharp HealthCare locations, which collectively serve over one
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Innovaccer Report: AI Trends in Healthcare in 2025 and Beyond
What You Should Know:
- Innovaccer Inc., a healthcare AI company, has released its latest research report, "AI Trends in Healthcare: 2025 and Beyond," which explores the growing role of AI in transforming the healthcare industry.
- The report is based on a survey of 105 professionals from 73 U.S. healthcare organizations and includes insights from industry leaders on how AI is impacting clinical workflows, patient care, and operational efficiency. The analysis offers a detailed
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