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

Glass Half-Full: How Practically Applied Generative AI Will Enhance Healthcare Operations

by Heather Bassett, M.D., Chief Medical Officer with Xsolis 06/25/2024 Leave a Comment

Glass Half-Full: How Practically Applied Generative AI Will Enhance Healthcare Operations

The year 2023 marked a milestone for generative AI, bringing unprecedented attention to the immense potential of AI technologies across industries. As a physician who also leads a team of data scientists, I'm thrilled to see this broader market awareness – but it’s important to recognize that AI has been quietly advancing healthcare for decades. In fact, AI was first applied in the field of biomedical research as early as the 1970s. Over the following decades, as manual data modeling
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Adonis Raises $31M to Expand AI-Powered Revenue Cycle Automation

by Fred Pennic 06/25/2024 Leave a Comment

Adonis Raises $31M to Expand AI-Powered Revenue Cycle Automation

What You Should Know:  - Adonis, a healthcare revenue intelligence and automation company raises $31M in Series B funding led by Point72 Private Investments, bringing Adonis’ total funding to $54M.  - With this new funding, Adonis plans to accelerate product innovation, expand its reach within health systems, and grow its team based in New York City.  This latest investment round follows a successful Series A round of $17.3M led by General Catalyst just twelve months ago.
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Merck Global Health Innovation Fund Invests in Qure.ai to Expand Lung Cancer Detection

by Fred Pennic 06/25/2024 Leave a Comment

Merck Global Health Innovation Fund Invests in Qure.ai to Expand Lung Cancer Detection

What You Should Know:  - Merck Global Health Innovation Fund (MGHIF), a leader in healthcare impact investing, announced a strategic investment in Qure.ai, a prominent developer of artificial intelligence (AI) solutions for medical imaging.  - The strategic investment fuels Qure.ai's Series D funding round and propels their mission of expanding access to AI-powered imaging technology globally. Expanding Reach and Capabilities The funding will be directed towards two key
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Proscia and Nucleai Partner to Integrate Predictive Biomarker Solutions

by Fred Pennic 06/25/2024 Leave a Comment

Proscia and Nucleai Partner to Integrate Predictive Biomarker Solutions

What You Should Know:  - Proscia, a leader in artificial intelligence (AI)-powered pathology solutions, and Nucleai, a leading spatial AI biomarker company, announced a strategic partnership today. This collaboration aims to revolutionize precision medicine by integrating Nucleai's advanced biomarker technology with Proscia's Concentriq® software platform. - By harnessing the power of AI and digital pathology, this partnership offers the potential to fundamentally improve the
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Teladoc Health’s AI Scores Big in Diabetes Management: Personalized Nudges and Coaching Boost Patient Engagement and Outcomes

by Jasmine Pennic 06/24/2024 Leave a Comment

Teladoc Health's AI Scores Big in Diabetes Management: Personalized Nudges and Coaching Boost Patient Engagement and Outcomes

What You Should Know:  - Teladoc Health (NYSE:TDOC), a leader in virtual healthcare, presented compelling new data at the American Diabetes Association's 84th Scientific Sessions. The findings showcase the effectiveness of Teladoc Health's AI-powered approach to managing type 2 diabetes. - The study focused on the impact of personalized health nudges on patients identified as at-risk for uncontrolled diabetes through mobile devices AI-Driven Nudges Lead to Improved Blood Sugar
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Is the Business of Healthcare Out of Control? Optimize Time and Reduce Administrative Burden with AI

by Amy Brown, founder and CEO of Authenticx 06/24/2024 Leave a Comment

Is the Business of Healthcare Out of Control? Optimize Time and Reduce Administrative Burden with AI

Juggling the administrative business of a complex healthcare system with administering patient care is an undeniable challenge. Healthcare professionals, such as nurses, feel that daily in their roles. The juggling act is increasingly driving reports of burnout and opening discussions around how administrative tasks and expectations have changed within our healthcare system.     Coming out of the 2020 pandemic, there were high levels of reported burnout across healthcare
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6 Ways AI is Reshaping Healthcare Diagnostics & Treatment

by Raman Parthasarathy, Business Unit Head, Fusemachines 06/21/2024 Leave a Comment

Of the many industries witnessing AI-led transformation, healthcare happens to be one. Today, AI’s promise in healthcare extends beyond automation-led operational and administrative efficiencies. It’s beginning to show a measurable impact directly on patient care and diagnosis. The AI in healthcare industry is predicted to reach $187.95 billion by 2030. Today, technology companies of all sizes are conducting AI-related research and development in healthcare. From IBM Watson’s diabetes and
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Zing Coach Raises $10M to Expand AI-Powered Fitness Coach

by Fred Pennic 06/21/2024 Leave a Comment

Zing Coach Raises $10M to Expand AI-Powered Fitness Coach

What You Should Know:  -  Zing Coach, a health-tech leader backed by Palta, has secured $10M in Series A funding led by Zubr Capital and Triple Point Capital.  - The secured funding will empower Zing Coach to expand its development team and bolster marketing efforts to reach new international markets. Additionally, the company will further refine its AI Coach technology.  - Currently, in beta testing, the AI Coach will be available to all Zing Coach users this fall.
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BSIM Healthcare Services to Deploy Innovaccer’s AI Platform to Empower Value-Based Care for Underserved Communities

by Jasmine Pennic 06/21/2024 Leave a Comment

BSIM Healthcare Services to Deploy Innovaccer’s AI Platform to Empower Value-Based Care for Underserved Communities

What You Should Know:  - Innovaccer Inc., a healthcare artificial intelligence (AI) company, today announced a significant partnership with BSIM Healthcare Services.  - BSIM, dedicated to delivering high-quality care to underserved communities, will leverage Innovaccer's AI-powered platform to optimize its value-based care model and improve health outcomes for the populations it serves. BSIM Embraces Value-Based Care This collaboration marks a major step forward for BSIM as
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Humata Health Secures $25M for AI-Powered Prior Authorization

by Fred Pennic 06/20/2024 Leave a Comment

Humata Secures $25M for AI-Powered Prior Authorization

What You Should Know:  - Humata Health, a company revolutionizing prior authorizations in healthcare with AI and automation raises $25M co-led by Blue Venture Fund and LRVHealth with participation from Optum Ventures, .406 Ventures, Highmark Ventures, and VentureforGood further demonstrates the widespread support for Humata's innovative approach.  - With this significant investment, Humata Health will expand its AI capabilities, broaden its provider base, and partner with payers to
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KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

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Epic Unveils MyChart Central and New APIs to Advance Interoperability at Open@Epic

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Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

RevSpring to Acquire Kyruus Health, Creating a Unified Patient Experience

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