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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant

Qure.ai Raises $65M to Expand Healthcare AI Solutions Globally

by Fred Pennic 09/25/2024 Leave a Comment

Qure.ai Raises $65M to Expand Healthcare AI Solutions Globally

What You Should Know:  - Qure.ai, a prominent global innovator in healthcare AI, has successfully closed a $65M in Series D funding round led by Lightspeed and 360 ONE Asset, with contributions from Merck Global Health Innovation Fund and Kae Capital. The round also included participation from existing investors, including Novo Holdings, HealthQuad, and TeamFund.  - This substantial investment will accelerate the company's expansion into the US market and other regions, boost
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The Good, the Bad, the Ugly When Leveraging AI in Healthcare

by MJ Stojak, Managing Director of the Data, Analytics and AI Practice for Pivot Point Consulting 09/25/2024 Leave a Comment

The Good, the Bad, the Ugly When Leveraging AI in Healthcare

Much has been discussed about artificial intelligence (AI) and the impressive proliferation of Generative AI (GenAI) over the last several months. It is staggering. As I think about the potential changes and impacts of leveraging AI and GenAI within a healthcare organization, I can’t help but think about the good, the bad, and the ugly.  Good: Ambient AI There are many positive examples so far, where AI can improve healthcare, but one stands out for me: ambient AI technology. It’s a
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Beyond FHIR: AI’s Potential to Revolutionize Healthcare Data Insights

by Chief Clinical Innovation Officer, Access TeleCare 09/25/2024 Leave a Comment

Beyond FHIR: AI's Potential to Revolutionize Healthcare Data Insights

For decades, one of the most daunting tasks in healthcare has been managing and making sense of the vast amounts of data generated annually. From patient and outcomes data to billing and scheduling data, the list goes on and on. The predominant challenge lies not just in quantity but like this data: much if not most of it is unstructured, i.e., data that isn’t predefined and searchable on a table, such as text messages, images, videos, audio files, and emails. Historically, healthcare
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Wellsheet, Wolters Kluwer Integrates AI-Powered Clinical Workflows with UpToDate

by Jasmine Pennic 09/24/2024 Leave a Comment

Wellsheet, an innovative provider of AI-powered clinical workflows, announced a collaboration with Wolters Kluwer Health to integrate evidence-based content from UpToDate, their leading clinical decision support solution (CDS), into Wellsheet’s Smart EHR UI application.

What You Should Know:  - Wellsheet, an innovative provider of AI-powered clinical workflows, announced a collaboration with Wolters Kluwer Health to integrate evidence-based content from UpToDate, their leading clinical decision support solution (CDS), into Wellsheet’s Smart EHR UI application.  - The integration aims to revolutionize the clinician experience by providing immediate access to crucial clinical information and tools, reducing cognitive overload, and ultimately
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AI Medical Scribe for Veterinarians Scribenote Secures $8.2M

by Syed Hamza Sohail 09/24/2024 Leave a Comment

AI Medical Scribe for Veterinarians Scribenote Secures $8.2M

What You Should Know: - The veterinary profession is facing a crisis of burnout, with 86% of veterinarians reporting severe stress levels. One of the compounding issues includes a frequently overlooked culprit: spending hours writing medical records. - Scribenote, an AI-powered medical scribe for veterinarians, has raised $8.2M in seed funding to tackle this problem head-on. The company's funding was led by Andreessen Horowitz (a16z), with additional participation from Inovia Capital, the
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Mendel AI’s Hypercube Platform Now Available on Snowflake, Transforming Clinical Data Analysis

by Fred Pennic 09/23/2024 Leave a Comment

Mendel AI's Hypercube Platform Now Available on Snowflake, Transforming Clinical Data Analysis

What You Should Know:  - Mendel AI, a leader in clinical AI, announced the general availability of its groundbreaking Hypercube Platform natively on the Snowflake AI Data Cloud.  - The integration offers healthcare organizations a powerful tool to transform fragmented data into actionable clinical insights, driving advancements in research, operations, and patient outcomes. Hypercube Platform: Redefining Clinical Data Analysis Mendel's Hypercube Platform combines advanced
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Komodo Health Integrates Cornerstone AI to Boost Healthcare Data Accuracy and Insights

by Syed Hamza Sohail 09/23/2024 Leave a Comment

Komodo Health Integrates Cornerstone AI to Boost Healthcare Data Accuracy and Insights

What You Should Know: -  Cornerstone AI, creators of a powerful AI software solution that cleans real world healthcare data significantly faster and more accurately than existing solutions, today announced that healthcare technology company Komodo Health will integrate its software into components of its MapEnhance offering. -   The move comes upon the completion of a successful pilot program in which Cornerstone’s proprietary algorithms strengthened the fidelity of Komodo’s Lab Results, a
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Medical Experts Utilize NVIDIA-Powered Federated Learning to Advance AI in Tumor Segmentation

by Fred Pennic 09/23/2024 Leave a Comment

Medical Experts Utilize NVIDIA-Powered Federated Learning to Advance AI in Tumor Segmentation

What You Should Know:  - A team of experts from leading U.S. medical centers and research institutions is utilizing NVIDIA-powered federated learning to investigate the impact of this technique and AI-assisted annotation in training AI models for tumor segmentation.  - NVIDIA-powered federated learning aims to overcome data-sharing challenges and accelerate the development of more accurate and generalizable AI models in medical imaging. Federated Learning: Revolutionizing Data
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Harnessing AI to Navigate the Shifting Landscape of Member Engagement

by Amanda Bury, Chief Commercial Officer at Infermedica 09/20/2024 Leave a Comment

Harnessing AI to Navigate the Shifting Landscape of Member Engagement

The healthcare landscape continues to evolve rapidly, driven by advancements in technology and the ongoing shift towards alternative payment models. As payers navigate this increasingly complex environment, member engagement has emerged as a critical factor in ensuring the success of healthcare initiatives. Now, with the emergence of artificial intelligence (AI) in healthcare and value-based care, understanding and prioritizing member engagement has become more important than ever. Patient
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Ferrum Health Secures $16M for Vendor-Neutral AI Platform

by Fred Pennic 09/20/2024 Leave a Comment

Ferrum Health Secures $16M for Vendor-Neutral AI Platform

What You Should Know:  - Ferrum Health, a pioneering software provider enabling AI deployment in healthcare systems, raises $16M in Series A funding led by Foundry, with participation from Catalyst by Wellstar, Headwaters Ventures, UnitedHealthcare Accelerator, and existing investors including Blumberg Capital, Cercano, GSR, Urban Innovation Fund, and Singtel Innov8. This brings Ferrum Health's total funding to $31M. - This Series A funding will fuel Ferrum Health's expansion and
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