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

How Artificial Intelligence is Combatting Physician Burnout, Keeping Communities Healthy

by David Sides, CEO at NextGen Healthcare 01/23/2024 Leave a Comment

How Artificial Intelligence is Combatting Physician Burnout, Keeping Communities Healthy

Doctors do so much to keep our communities thriving. Unfortunately, according to the American Medical Association, about 63 percent of physicians report experiencing emotional exhaustion at least once weekly. Exacerbated by the volume of clinical notes required at the end of the day, physician burnout can adversely affect patient care, leading to errors and reduced care quality. This is especially alarming in the context of the physician shortage because it heightens the strain on an
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AI Breakthrough for Lung Disease: Thirona’s LungQ Receives FDA Clearance

by Jasmine Pennic 01/23/2024 Leave a Comment

AI Breakthrough for Lung Disease: Thirona's LungQ Receives FDA Clearance

What You Should Know: - Thirona, a pioneer in AI-powered lung analysis, received a major boost for its cutting-edge technology LungQ™ with the U.S. Food and Drug Administration (FDA) 510(k) clearance for its latest update, v3.0.0. - This FDA clearance paves the way for American hospitals to now harness the software's advanced capabilities, marking a significant step forward in lung disease diagnosis and treatment. LungQ 3.0.0: Precision Navigation for Lung Interventions This latest
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JP Morgan Healthcare 2024: 8 Hot Takes & Insights from Health Tech & Biotech CEOs

by JP Morgan 2024 Executive Hot Takes & Insights 01/19/2024 Leave a Comment

JPM 2024: 8 Hot Takes & Insights from Leading Health Tech & Biotech CEOs

8 digital health and life sciences executives share their hot takes and insights from the recent annual JPM Healthcare Conference 2024 Virgil Bretz, co-founder and CEO of MacroHealth “The annual JP Morgan Healthcare Conference is still one of the most efficient ways to meet with capital partners. Other conferences are increasingly attracting the investment community, such as HLTH, but none are as concentrated as JP Morgan. This conference is unusual in that meetings for small and middle
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Shifting the Paradigm: Data-Driven Product Development and the AI-Driven Standard of Care

by Tommy Carls, VP of Product Development & Marketing at Proprio 01/19/2024 Leave a Comment

Shifting the Paradigm: Data-Driven Product Development and the AI-Driven Standard of Care

Over the past decade, product development has undergone a transformative shift, driven by the integration of AI, machine learning, and data-driven approaches. Traditional methods that relied on user stories, prototype testing and customer research offered limited control over product development outcomes, often leaving success to multiple iterations of feasibility, testing and field assessment. However, with the advent of advanced technologies and data analysis, product development has become
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MEMIC Taps CLARA Analytics for AI-Powered Claims Management

by Fred Pennic 01/18/2024 Leave a Comment

MEMIC Taps CLARA Analytics for AI-Powered Claims Management

What You Should Know: - Maine Employers’ Mutual Insurance Company (MEMIC), a leader in workers’ compensation insurance, is harnessing the power of artificial intelligence (AI) to revolutionize claims management. - MEMIC announced its partnership with CLARA Analytics, a provider of AI solutions for the insurance industry, to implement CLARA Optics, a cutting-edge platform that promises to streamline workflows, improve medical outcomes, and empower adjusters and nurse case managers
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Fathom’s AI Coding Solution Lands on Google Cloud Marketplace, Supercharging Healthcare Revenue Cycle

by Jasmine Pennic 01/17/2024 Leave a Comment

Fathom's AI Coding Solution Lands on Google Cloud Marketplace, Supercharging Healthcare Revenue Cycle

What You Should Know: - Fathom, the leader in AI-powered medical coding automation, has announced its groundbreaking solution will be available on Google Cloud Marketplace starting in Q1 2024. - This strategic partnership brings together two industry giants, offering healthcare organizations a powerful one-stop shop for streamlining revenue cycle management and claiming the benefits of cutting-edge technology. Fathom: Automating the Revenue Cycle: The healthcare industry faces a
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AI in Healthcare: Top Use Cases and Key Implementation Strategies for 2024

by Heather Randall, Ph.D., Chief Compliance Officer, TrustCommerce, a Sphere Company 01/17/2024 Leave a Comment

AI in Healthcare: Top Use Cases and Key Implementation Strategies for 2024

Artificial intelligence (AI) is earning recognition for its potential benefits to the healthcare sector at large, from its ability to improve care and increase efficiency, to its ability to lower costs throughout the industry. For example, applications of AI include detecting distress in hospital workers' conversations, improving providers’ revenue cycle operations, transforming healthcare supply chains – and mitigating existing racial biases in medicine.  Much of the attention surrounding
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Rad AI and Google Join Forces to Revolutionize Radiology Reporting with AI

by Fred Pennic 01/16/2024 Leave a Comment

Rad AI and Google Join Forces to Revolutionize Radiology Reporting with AI

What You Should Know: - Rad AI, an AI startup revolutionizing radiology reporting is teaming up with Google to tackle radiologists' workload and elevate patient care. - The strategic alliance leverages Google Cloud's AI prowess and Rad AI's deep radiology expertise to streamline workflows, reduce burnout, and ultimately, improve patient outcomes. Imaging Overload, AI to the Rescue Medical imaging forms the backbone of diagnosis, with billions of exams conducted globally each year.
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Lunit and Samsung Integrate to Power AI-Powered Chest Screenings

by Fred Pennic 01/16/2024 Leave a Comment

Lunit and Samsung Integrate to Power AI-Powered Chest Screenings

What You Should Know: - Lunit, an innovator in AI-powered cancer diagnostics, and Samsung Electronics (Samsung Healthcare) have announced a groundbreaking three-year supply contract. - The strategic partnership integrates Lunit's cutting-edge AI technology into Samsung's premium X-ray devices, promising faster, more accurate diagnoses and ultimately, improved patient outcomes. Boosting Accuracy and Speed The agreement centers around two AI-powered chest screening solutions: Lunit
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Transforming Healthcare Through Ethical AI: Enhancing Trustworthiness, Privacy, and Compliance

by David Ting, founder/CTO at Tausight 01/16/2024 Leave a Comment

Transforming Healthcare Through Ethical AI: Enhancing Trustworthiness, Privacy, and Compliance

In November, President Biden signed a new Executive Order – titled “Safe, Secure, and Trustworthy Artificial Intelligence” – that promises to introduce new national AI regulations that focus on safety and responsibility in the use of this revolutionary new technology. Fast on the heels of this high-profile EO, the Biden Administration has already started the process of writing actual standards for the safe use of generative AI by announcing that the U.S. Department of Commerce. In late December,
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