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

ARC Innovation at Sheba Medical Center Joins TRAIN Responsible AI Network

by Fred Pennic 05/07/2024 Leave a Comment

ARC Innovation Launches ARC Accelerator w/ $10M Infusion from Ilex Medical

What You Should Know:  - ARC Innovation, the innovation arm of Sheba Medical Center, Israel's leading medical center and a six-time Newsweek World's Best Hospital awardee, today announced its participation in the Trustworthy & Responsible AI Network (TRAIN).  - The consortium brings together healthcare luminaries dedicated to integrating responsible AI practices effectively within the healthcare landscape. AI Transforming Healthcare Landscape AI is rapidly transforming
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How AI Is Bringing Patient Experience Back to the Forefront for the Medical Community

by Michael Zacharski, CEO of Brand Engagement Network (BEN) 05/07/2024 Leave a Comment

How AI Is Bringing Patient Experience Back to the Forefront for the Medical Community

When it comes to the patient experience, time isn’t on our side. U.S. adults spend the equivalent of an entire workday each month coordinating care for themselves and/or their family, according to a Harris poll. The same poll found that 56% of American adults wait more than a week for an appointment, while many others skip healthcare altogether, with 30% saying they don’t have the time and 25% saying it takes too long to get an appointment. Even when patients get an appointment, they wait again
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RapidAI Scores FDA Clearance, Bringing AI-Powered Stroke Assessment to the Interventional Suite

by Jasmine Pennic 05/06/2024 Leave a Comment

RapidAI Scores FDA Clearance, Bringing AI-Powered Stroke Assessment to the Interventional Suite

What You Should Know:  - RapidAI, a global leader in AI-powered solutions for combating life-threatening vascular diseases, announced today the FDA 510(k) clearance for its innovative AngioFlow™ by RapidAI solution.  - The technology empowers interventional care teams with real-time, AI-driven insights directly within the interventional suite, aiming to improve patient outcomes for stroke and other vascular emergencies. Faster, More Informed Decisions in Stroke Care Stroke
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Despite Current Concerns, AI in Healthcare Has A Long History

by Matt Hollingsworth, co-founder of Carta Healthcare & Andrew Shin, MD, Executive Medical Director, Innovations & Clinical Effectiveness for Stanford Children’s Health 05/06/2024 Leave a Comment

Despite Current Concerns, AI in Healthcare Has A Long History

Though AI has successfully been utilized in healthcare for decades, a Pew Research Center survey revealed that 60% are uncomfortable with their provider relying on AI for their own healthcare.  This dichotomy is therefore likely due in part to a lack of awareness and understanding around the technology. Before the public is forced to understand complex, revolutionary, future-state technological developments in healthcare, they must understand how the technology is safely used today. 
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Opmed.ai Secures $15M to Bring AI Optimization to Healthcare Operations

by Syed Hamza Sohail 05/06/2024 Leave a Comment

Opmed.ai Secures $15M to Bring AI Optimization to Healthcare Operations

What You Should Know: -              Opmed.ai, the AI optimization platform for healthcare, announced today the successful raise of $15M in series A funding. -              The round was co-led by NFX and Grove Ventures, with Secret Chord Ventures, the Impact investor Sir Ronald Cohen, and Unbox Ventures also
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Anatomy Automates Healthcare Finances with AI-Powered Lockbox Solution

by Jasmine Pennic 05/06/2024 Leave a Comment

Anatomy Automates Healthcare Finances with AI-Powered Lockbox Solution

What You Should Know:  - Anatomy, a leading platform for automating financial operations in healthcare, today announced the launch of its innovative AI-powered Healthcare Lockbox.  - This solution tackles a significant pain point for healthcare organizations by automating check digitization and converting Explanation of Benefits (EOBs) into standardized 835 electronic remittance advice documents. The Problem of Manual Payments in Healthcare Traditionally, processing
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Otsuka Precision Health Launches: Personalized Care Powered by AI and Digital Solutions

by Jasmine Pennic 05/06/2024 Leave a Comment

Otsuka Precision Health Launches: Personalized Care Powered by AI and Digital Solutions

What You Should Know:  - Otsuka America, Inc. (OAI) today announced the formation of Otsuka Precision Health (OPH), a new subsidiary dedicated to transforming patient care through innovative digital solutions and a data-driven approach. - OPH will leverage cutting-edge technology, including artificial intelligence (AI) and digital therapeutics, to personalize patient care journeys across various conditions, from mental health to nephrology. A Patient-Centric Approach Powered by
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NVIDIA Makes Drug Discovery, Medical Imaging, and Genomics Easier with Cloud-Based AI

by Fred Pennic 05/03/2024 Leave a Comment

NVIDIA Makes Drug Discovery, Medical Imaging, and Genomics Easier with Cloud-Based AI

What You Should Know: - Harnessing the power of AI for healthcare just got simpler. NVIDIA announced the integration of NVIDIA NIM, a collection of cloud-native AI microservices, with Amazon Web Services (AWS).  - The strategic collaboration empowers developers to leverage pre-trained AI models for drug discovery, medical imaging analysis, and genomics research – all accessible through user-friendly APIs. Streamlined Access to Powerful AI Tools NIM integrates seamlessly with
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Large Language Models Show Promise for Streamlining Physician Workflows, But Safety Concerns Remain

by Fred Pennic 05/03/2024 Leave a Comment

Large Language Models Show Promise for Streamlining Physician Workflows, But Safety Concerns Remain

What You Should Know: - A new study by researchers at Mass General Brigham suggests large language models (LLMs),  a type of artificial intelligence (AI), could be a helpful tool for doctors to streamline communication with patients. However, the study also highlights the importance of human oversight to ensure patient safety. -  The findings, published in The Lancet Digital Health, emphasize the need for a measured approach to LLM implementation. The Burden of Physician
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Every Cure and BioPhy Partner to Repurpose Existing Drugs Faster with AI

by Jasmine Pennic 05/03/2024 Leave a Comment

Every Cure and BioPhy Partner to Repurpose Existing Drugs Faster with AI

What You Should Know: - BioPhy, an AI drug development company, and Every Cure, a non-profit dedicated to unlocking the potential of existing drugs for new uses, today announced a strategic partnership to revolutionize drug repurposing through artificial intelligence (AI). - The partnership follows Every Cure's recent funding from the Advanced Research Projects Agency for Health (ARPA-H). A successful pilot using AI led to the identification of potential treatments for diseases like sickle
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