There has been frequent reporting about the problem of provider workforce shortages within hospitals and health systems and the related burnout experienced when working in high-stress situations during the Covid-19 pandemic. There are pre-existing and contributing patient flow challenges that have been exacerbated by the pandemic, which can lead to burnout, and therefore are worth discussing. Exposing the Problem The extent of provider burnout over the course of the pandemic is well
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
The Academy and Nuance Partner to Launch The AI Collaborative
What You Should Know: - The Health Management Academy (The Academy) has partnered with Nuance, a Microsoft company, to launch The AI Collaborative, which brings together senior leaders from the nation’s Leading Health Systems (LHS) who are deploying these technologies in the clinical and operational settings, as well as planning for future use-cases. - The collaborative brings together physician executives from leading hospital systems and other key stakeholders across the healthcare
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Patient Engagement: 3 Lessons Learned from Consumer & Service Industries
If there’s been a constant in healthcare the past two years, it’s been in the rapidity of change, largely in response to the Covid-19 pandemic. Suddenly, healthcare needed to adopt new work models and technologies to provide proper patient care. No wonder healthcare ranked atop all other industries in “new ways of working and processes,” “new tech tools and infrastructure,” and “new staff wellbeing practices,” in a recent survey of 1,200 business leaders. Inevitably, healthcare organizations
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OncoHost Raises $35M for AI-Powered Precision Oncology Platform
What You Should Know: - OncoHost, an AI-powered precision oncology platform, today announced a $35M Series C funding round led by ALIVE Israel HealthTech VC, as well as other prominent investors. Additional investors included leading Israeli financial firm Leumi Partners, Israel’s largest pension fund Menora Mivtachim, OurCrowd and other existing investors. - The funding will go towards expanding OncoHost’s ongoing multicenter PROPHETIC trial as well as support its upcoming
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Cerner & AKASA Partner on AI-Powered Revenue Cycle Automation
What You Should Know: - Health IT leader Cerner and AI developer for healthcare operations AKASA announce a partnership to scale automation within the revenue cycle at hospitals and health systems using AI and machine learning. - The collaboration offers Cerner customers access to AKASA’s AI-based Unified Automation® platform which is purpose-built for healthcare. Growing Need for Revenue Cycle Automation Staff shortages are particularly concerning for healthcare revenue cycle
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Axuall’s CEO Talks Why Health Administrators Should Adopt Robotic Process Automation
Axuall’s CEO & Founder, Charlie Lougheed shares why health administration teams should embrace the power of robotic process automation (RPA). Built with leading healthcare systems, Axuall is a workforce intelligence company powered by a national real-time practitioner data network. The technology enables healthcare systems, staffing firms, telehealth, and health plans to dramatically reduce onboarding and enrollment time while also providing unique, powerful data insights for network
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Element5 Secures $30M to Expand Automation for Post-Acute Care
What You Should Know: - Element5, the world’s first Automation-as-a-Service solution purpose-built for post-acute care, today announced that it has raised $30 million in a Series B funding round led by Insight Partners. With the closing of the Series B funding round, Element5 has raised $48.5M in total capital to date. - This investment will strengthen Element5’s position and enable the company to continue the disruption of the health care industry’s $400B post-acute
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Hello Heart Raises $70M to Expand Heart Health Solutions
What You Should Know: - Hello Heart, the only digital therapeutics company focused exclusively on heart disease, announced a $70M Series D funding round led by Stripes to support its rapid growth in the employer market - The funding round will specifically support the increase in employer market demand for Hello Heart’s technology as a focus on heart health sharpens. The company has experienced massive growth in the employer market, doubling the number of clients in the last three
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Imagene Raises $21.5M to Expand Image-Based Biomarker Detection for Precision Medicine
What You Should Know: - Imagene AI, an emerging leader in the field of AI-based precision medicine for cancer, today announced it raised $21.5 million, comprising $3M in seed funding led by Blumberg Capital and an $18.5M Series A round led by renowned technology-driven cancer medicine investors Larry Ellison, Dr. David Agus, and AI imaging space pioneer Eyal Gura. - The use of AI-based molecular testing in cancer diagnostics is revolutionizing patient care by offering a new level of
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Inspire Medical Systems Invests in AI Startup EnsoData
What You Should Know: - Inspire Medical Systems has announced its investment in EnsoData, an artificial intelligence (AI) healthcare company helping clinicians uncover disease while patients sleep. - EnsoData’s technology helps address some of the most intractable problems in healthcare: access and affordability for patients and clinician burnout. By letting doctors and other clinicians use powerful AI to automatically analyze and diagnose diseases while a patient sleeps, EnsoData
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