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

First CPT Code for AI Prostate Cancer Imaging Issued for Avenda Health

by Fred Pennic 11/02/2023 Leave a Comment

First CPT Code for AI Prostate Cancer Imaging Issued for Avenda Health

What You Should Know:  - Avenda Health's AI mapping tool for prostate cancer, Unfold AI™, has received significant recognition by obtaining a new Category III CPT code in the 2024 Current Procedural Terminology (CPT) code set, signifying its status as a cutting-edge medical technology. - The new Category III CPT code, X237T, outlines the tool's capabilities, describing it as a non-invasive prostate cancer estimation map that is derived from an augmented analysis of image-guided fusion
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Amidst AI Promise, Health Information Workforce Shortages Persist: AHIMA Survey Revels

by Jasmine Pennic 11/02/2023 Leave a Comment

Amidst AI Promise, Health Information Workforce Shortages Persist: AHIMA Survey Revels

What You Should Know: - A new survey conducted by AHIMA reveals that 66% of health information (HI) professionals have experienced ongoing staffing shortages in their workplaces over the past two years. These shortages were notably prevalent in areas such as data quality, consumer health information, revenue cycle management, privacy, risk, and compliance, and data analytics. - The report, “Health Information Workforce: Survey Results on Workforce Challenges and the Role of Emerging
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Emory Health Taps DrFirst to Leverage Clinical-Grade AI for Medication Adherence & Affordability

by Jasmine Pennic 11/01/2023 Leave a Comment

Emory Health Taps DrFirst to Leverage Clinical-Grade AI for Medication Adherence & Affordability

What You Should Know:  - Emory Healthcare, a comprehensive academic health system in Georgia, is collaborating with healthcare technology pioneer DrFirst to help patients access and adhere to affordable, appropriate prescription medications for their health conditions and ailments.  - As part of the collaboration, Emory Healthcare will leverage three medication management services offered within Fuzion by DrFirst, a software platform that uses clinical-grade artificial
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AdaptX Secures $10M for AI-Powered, Self-Serve Clinical Management

by Syed Hamza Sohail 11/01/2023 Leave a Comment

AdaptX Secures $10M for AI-Powered, Self-Serve Clinical Management

What You Should Know: - AdaptX, a self-serve clinical management solution company raises $10M in funding led by Cercano Management and included participation from notable entities, such as Memorial Hermann Health System, Morningside Ventures, and returning investors Founders' Co-op, Fortson VC, Star Equity, and WRF Capital. The company's focus is on using AI-driven technology to enable clinical leaders to make data-informed decisions and optimize patient care processes with a positive
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Annalise.ai Launches AI-Powered Worklist Triage for Chest X-Ray & Head CTs

by Fred Pennic 11/01/2023 Leave a Comment

Annalise.ai Launches AI-Powered Worklist Triage for Chest X-Ray & Head CTs

What You Should Know:  - Annalise.ai, a global leader in the radiology imaging sector, announced the launch of Annalise Triage, an AI-powered worklist solution for chest X-rays and head CTs tailored specifically for the U.S. market.  - This innovative software will transform the radiology field by empowering radiologists to efficiently triage studies and prioritize those with suspected critical findings, ultimately streamlining their workflow, and supporting faster
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Olive Shutters Business After Sale to Waystar and Humata Health

by Fred Pennic 10/31/2023 Leave a Comment

Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution

What You Should Know:  - Healthcare automation company Olive today announced it will shut down its business after selling its Clearinghouse and Patient Access business units to Waystar and its Prior Authorization business unit to Humata Health. Olive sold off its utilization management solution and business unit to Availity and business intelligence solution to BurstIQ earlier this year. - Founded in 2012, Olive is a developer of an artificial intelligence workforce, automated
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Suki Expands Ambient AI at the Point of Care with 20+ New Practices

by Syed Hamza Sohail 10/31/2023 Leave a Comment

Suki Expands Ambient AI at the Point of Care with 20+ New Practices

What You Should Know: Suki, the leader in voice artificial intelligence (AI) technology for healthcare, today announces the expansion of its ambient clinical documentation solution to over 20 independent practices including Capital City Primary and Immediate Care, Silicon Valley Podiatry Group, Bay Area House Calls, Elite Foot and Ankle, Tinovus Health, and more.This news not only solidifies Suki as the leader in the space but showcases the growing demand for AI-powered tools that help
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Automation Fills Gaps Left by Revenue Cycle Talent Shortage

by Noel A. Felipe, CRCR, SVP & Revenue Cycle Practice Leader, Firstsource 10/31/2023 Leave a Comment

Automation Fills Gaps Left by Revenue Cycle Talent Shortage

Healthcare providers are feeling the industry’s talent shortage in their administrative functions as well as clinical areas. One case in point: revenue cycle management. In a recent study, 63% of healthcare providers reported an inability to fill key revenue management roles. Reduced revenues and cash reserves are almost inevitable when providers don’t have sufficient staff to follow up on claims, manage appeals and help patients understand their financial responsibilities and
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InfoBionic Partners with Mayo Clinic to Enhance AI Remote Patient Monitoring Platform

by Fred Pennic 10/30/2023 Leave a Comment

InfoBionic Partners with Mayo Clinic to Enhance AI Remote Patient Monitoring Platform

What You Should Know:  - InfoBionic, a digital health company providing AI-powered diagnostic remote patient monitoring solutions has entered into an agreement with Mayo Clinic to incorporate its extensive know-how in cardiac patient monitoring, AI-ECG, and virtual telemetry to optimize and build upon its existing monitoring platform. - The collaboration aims to enhance InfoBionic's current proprietary AI algorithms and analytics capabilities to provide more personalized and
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Weave Launches AI-Driven Voicemail Transcriptions for Healthcare Providers

by Syed Hamza Sohail 10/30/2023 Leave a Comment

Weave Launches AI-Driven Voicemail Transcriptions for Healthcare Providers

What You Should Know: Weave, a leading all-in-one experience platform for small and medium-sized healthcare practices, today announces the addition of AI-driven voicemail transcriptions to its Phones offering.Now available to Weave’s 27,000+ customers, Voicemail Transcription will enhance Weave Phones by automatically transcribing voicemails from patients, allowing for efficient, visible, and private reading experiences of voicemails. With this update, users will now see the voicemail
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