What You Should Know:
- Daffodil Health, a healthcare technology company, has secured $4.6M in seed funding to tackle the multi-billion dollar problem of wasted healthcare administrative costs led by Maverick Ventures with participation from Epic Ventures.
- Daffodil Health is the brainchild of a team with over 100 years of combined experience in healthcare and technology, from companies like MultiPlan, Google, and McKinsey. They recognize the urgent need to overhaul the current
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
Accenture Backs Turbine’s AI-Powered Platform to Accelerate Drug Discovery
What You Should Know:
- Accenture Ventures, the venture capital arm of Accenture, has announced a strategic investment in Turbine, a company pioneering the use of predictive cell simulations for drug development.
- The investment aims to empower Turbine in extending its innovative technology to global biopharmaceutical companies seeking to unlock hidden biological insights and accelerate crucial drug development processes.
Optimizing Drug Discovery with Simulated
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The Benefits of AI-Powered Healthcare Data Management
As we step into the promising terrain of 2024 and beyond, the healthcare industry stands at the cusp of a transformative era, propelled by advanced technology solutions. For healthcare IT professionals, there will be many challenges and opportunities – especially as there is more patient data than ever before.
However, there are new solutions that leverage artificial intelligence (AI) to help address the trove of patient data that is being created. Let’s look at how it can help address
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ECP Unveils AI-Powered Tools to Improve Medication Safety in Over 7500 Senior Living Communities
What You Should Know:
1. ECP, a leading software provider for senior living and long-term care communities, launched AI tools to enhance medication safety and clinical outcomes.
2. ECP links 7,500+ communities to 500+ pharmacies, facilitating real-time medication data exchange through electronic records (eMAR).
3. New AI features include:
- Preventing duplicate medications in real-time.
- Alerting staff to early PRN medication
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WakeMed to Deploy Regard’s AI Clinical Automation Platform Across Enterprise
What You Should Know:
- WakeMed Health & Hospitals and Regard today announced a 3-year enterprise agreement to deploy Regard’s AI clinical automation tool to the system’s 3 acute care hospitals by the end of 2024. Regard will allow for improved documentation quality, and in turn, decrease physician burnout and improve patient care.
- The deployment of Regard’s AI-powered clinical automation platform aims to enhance documentation quality, reduce physician burden, and
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Transcarent Launches AI-Powered WayFinding for Personalized Healthcare Navigation
What You Should Know:
- Transcarent, a company dedicated to simplifying healthcare navigation, has launched WayFinding, a platform seamlessly combining AI and human support to guide users through their health journeys.
- WayFinding integrates benefits navigation, clinical guidance, and care delivery into a single, user-friendly platform.
Addressing the Confusion Gap
WayFinding tackles the major challenge of navigating the complexities of healthcare. With over 50% of
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The Era of AI – A Renaissance or Revolution for Healthcare?
The advent of Artificial Intelligence (AI) portends a potentially monumental shift in the history of human civilization, an inflection point that urges us to pose a profound question.
Are we in the midst of a renaissance of human creativity, rich in artistic and intellectual flourishing, or will AI’s rapid advancement lead to a revolution that fundamentally reshapes industry sectors, government institutions and the structural dynamics of human society?
A renaissance, derived from the
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SmarterDx Nabs $50M for AI-Powered Revenue Integrity for Hospitals
What You Should Know:
- SmarterDx, the leader in clinical AI for revenue integrity and care quality, today announced it has secured $50 million in Series B funding led by Transformation Capital.
- The round also includes continued investments from Bessemer Venture Partners, Flare Capital Partners and Floodgate Fund, bringing total funding to $71 million to date. The investment will drive product
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PathAI Unveils AI Foundation Model Built for Disease Detection
What You Should Know:
- PathAI, a leader in the field of AI-powered pathology, has announced the launch of Pathology Universal Transformer (PLUTO), a foundation model specifically designed for the intricacies of pathology, promising to transform the development of AI tools for biopharmaceutical companies and pathology labs.
- In the realm of machine learning, foundation models (FMs) play a crucial role. These models are trained on vast amounts of unlabeled data using a technique
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Dandelion Health Launches First Multimodal GLP-1 Data Library for Precision Medicine
What You Should Know:
- Dandelion Health, a leader in real-world data (RWD) and clinical AI, has unveiled the industry's first-ever multimodal GLP-1 data library.
- The multimodal GLP-1 data library empowers researchers and life sciences companies to unlock deeper insights into the use of glucagon-like peptide-1 (GLP-1) receptor agonist drugs for precision medicine.
Unprecedented Depth of Real-World Data
Gathered from Dandelion's network of collaborating medical centers,
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