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

Emory Healthcare to Pilot AI-Powered Virtual Inpatient Monitoring

by Fred Pennic 11/07/2023 Leave a Comment

Emory Health to Pilot AI-Powered Virtual Inpatient Monitoring

What You Should Know: - Emory Healthcare partners with Andor Health to implement virtual patient observer technology to enhance safety interventions and reduce fall risks in hospitalized patients. - Emory Healthcare plans to pilot the virtual sitter technology at two of its hospitals, allowing for remote monitoring of at-risk patients in medical and surgical floors as well as the emergency department. AI-Powered Virtual Inpatient Monitoring Andor Health's ThinkAndor® leverages
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Accenture, Salesforce Partner on Generative AI for Life Sciences Companies

by Jasmine Pennic 11/06/2023 Leave a Comment

Accenture, Salesforce Partner on Generative AI for Life Sciences Companies

What You Should Know:  - Accenture and Salesforce are investing in the development of Salesforce Life Sciences Cloud, focusing on innovation, assets, and accelerators powered by data and artificial intelligence (AI) to help life sciences companies create sustainable value and drive growth. - Building on their generative AI collaboration, Accenture and Salesforce will leverage their joint generative AI acceleration hub to develop new solutions and use cases for Salesforce Life Sciences
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Hims & Hers Launches AI Service to Help Providers Personalize Treatments

by Jasmine Pennic 11/06/2023 Leave a Comment

Hims & Hers Launches AI Service to Help Providers Personalize Treatments

What You Should Know:  - Hims & Hers Health, the leading health and wellness platform, has unveiled MedMatch, an AI-powered solution designed to revolutionize healthcare by providing providers with a more intelligent and informed way to deliver personalized care to patients, offering more effective and precise treatments and medications. - The goal of MedMatch is to recommend clinical decisions and treatments informed by the collective knowledge of thousands of providers and
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M&A: Surescripts Acquires Clinical Intelligence Company ActiveRADAR

by Fred Pennic 11/06/2023 Leave a Comment

M&A: Surescripts Acquires Clinical Intelligence Company ActiveRADAR

What You Should Know:  - Surescripts, the leading health information network in the United States, has acquired ActiveRADAR, a clinical intelligence company focused on identifying therapeutic alternatives for prescriptions. Financial details of the acquisition were not disclosed.  - The acquisition is expected to have a positive impact on medication adherence, patient-provider engagement, and the overall patient experience by providing better alternatives and reducing waste and
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How AI Can Reinvent Nurse Staffing

by Danielle Bowie, Chief Nursing Officer, Trusted Health 11/06/2023 Leave a Comment

How AI Can Reinvent Nurse Staffing

Artificial intelligence is transforming the way the healthcare industry operates, from clinical decision-making to front-office tasks to financial workflows. Perhaps one of the areas where AI has the most potential is nurse staffing, an issue that has reached crisis proportions as a result of COVID-19.  The pandemic exacerbated existing issues such as short staffing and created new ones like skyrocketing contingent labor costs. Today, nurse turnover rates remain far higher than
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Videra Health Launches AI Digital Health Companion

by Fred Pennic 11/03/2023 Leave a Comment

Videra Health Launches AI Digital Health Companion

What You Should Know: - Videra Health has introduced Ava, an AI-powered digital health companion designed to improve patient engagement and care delivery for healthcare providers and payers. - Videra Health's AI digital health companion aims to enhance patient compliance, awareness, and involvement in their own care, ultimately improving patient outcomes. Ava: AI-Powered Digital Health Companion The digital health companion utilizes large language models and machine learning
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The Realistic Future of ChatGPT/AI in Healthcare

by Matt Cohen, Director of AI, Loyal 11/03/2023 Leave a Comment

The Realistic Future of ChatGPT/AI in Healthcare

As the buzz around ChatGPT and generative-AI continues, it’s important for health leaders to look past their excitement around these new tools and remain committed to ensuring patient trust is a top priority. Consider that six out of every ten patients are reportedly uncomfortable with providers relying solely on AI for specific healthcare needs, and while ChatGPT may appear to provide impressive responses, there’s still room for error and data misinformation, which can result in patient
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Generative AI Revolutionizing Digital Health Investment Strategies

by Fred Pennic 11/03/2023 Leave a Comment

Generative AI Revolutionizing Digital Health Investment Strategies

What You Should Know:  - A significant 87% of digital health investors stated that generative AI solutions have influenced their investment strategies, with nearly 1 out of 5 respondents indicating that it is significantly affecting their strategy,  according to the results of an online survey from GSR Ventures.  - GSR Ventures, an early-stage digital health investment firm with over $3.5B in assets under management, conducted an online poll in September 2023 with over 40
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Understaffed RCM Payment Teams Need a New Way Forward

by Shantanu Gangal, CEO, Prodigal 11/02/2023 Leave a Comment

Understaffed RCM Payment Teams Need a New Way Forward

Last year, only 8% of healthcare executives said their RCM or billing departments were adequately staffed, and a stunning 48% said the employee shortage was “severe,” according to a survey cited in MedCityNews. RCM teams are the engine that allows the machinery of healthcare organizations to run. Without effective billing and payment processes that deliver positive patient financial experiences, everything grinds to a halt. These staffing woes can’t continue. The cascade of problems that
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Covera Health Secures Up to $50M to Revolutionize Radiology Nationwide

by Jasmine Pennic 11/02/2023 Leave a Comment

Covera Health Secures Up to $50M to Revolutionize Radiology Nationwide

What You Should Know:  - Covera Health, an AI-enabled diagnostic technology company, has announced securing up to $50M in additional Series C funding. This substantial funding aims to support their mission of reshaping the role of radiology on a national scale. - The company's platform employs advanced data analytics and AI to enhance the quality and efficiency of radiology services. Their innovative approach focuses on improving radiology outcomes while reducing costs and unnecessary
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