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

Nabla’s AI Assistant Gets $24M Boost to Combat Clinician Burnout and Streamline Care

by Fred Pennic 01/05/2024 Leave a Comment

Nabla's AI Assistant Gets $24M Boost to Combat Clinician Burnout and Streamline Care

What You Should Know: - Nabla, a Boston, MA-based ambient AI assistant for healthcare professionals, announced today the initial close of a $24M Series B funding round led by Cathay Innovation, with participation from ZEBOX Ventures. - The latest round of funding brings Nabla's total funding to over $43M and fuels its mission to revolutionize healthcare delivery by empowering clinicians and improving patient care. Easing the Burden of EHRs: Clinicians often cite managing the
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Dental AI Revolutionizes Oral Health: VideaHealth Receives Landmark FDA Clearance

by Jasmine Pennic 01/05/2024 Leave a Comment

Dental AI Revolutionizes Oral Health: VideaHealth Receives Landmark FDA Clearance

What You Should Know: - In a landmark moment for dentistry, VideaHealth, the leading dental AI platform, has secured FDA 510(k) clearance for Videa Dental Assist, a groundbreaking tool equipped with over 30 AI algorithms. - This clearance marks a watershed moment, granting VideaHealth the distinction of being the first dental AI company to offer insights for virtually every major dental disease, including pediatric conditions. Transforming Dental Care Videa Dental Assist's
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6 Ways AI is Impacting Cancer Diagnosis, Treatment and Patient Outcomes in 2024

by Chaim Linhart, Chaim, Co-founder and CTO at Ibex Medical Analytics 01/05/2024 Leave a Comment

6 Ways AI is Impacting Cancer Diagnosis, Treatment and Patient Outcomes in 2024

Artificial intelligence (AI) technology is set to transform the field of diagnostics, similar to how X-rays and genetic tests revolutionized healthcare in the past. Reshaping routine diagnostic procedures and treatment decisions and propelling pharmaceutical and research domains into new realms, AI offers significant benefits to clinicians, healthcare systems, researchers, and, most importantly, patients. This is particularly evident in cancer diagnosis and treatment across six key areas: 1.
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Advanced Analytics Can Change the Game for Consumer Healthcare Services

by Sean Crandell. SVP of Healthcare Economics at MultiPlan 01/05/2024 Leave a Comment

Advanced Analytics Can Change the Game for Consumer Healthcare Services

Data has become the lifeblood of healthcare, making it possible to gain granular insights that enable more effective and precise patient-centric care. Yet, we have just scratched the surface of data analytics’ potential impact on optimizing segments of healthcare that need it most, such as the surging arena of consumer health.  Of the four key types of data analytics – descriptive, diagnostic, predictive, and prescriptive – only the first two are effectively used in managing healthcare
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Credo Health Secures $5.25M to Revolutionize Value-Based Care with AI-Powered Platform

by Fred Pennic 01/04/2024 Leave a Comment

Credo Health Secures $5.25M to Revolutionize Value-Based Care with AI-Powered Platform

What You Should Know: - Credo Health, a game-changer in value-based care technology, has secured $5.25M in Series Seed funding, led by FCA Venture Partners with strong participation from existing investors Hannah Grey VC, FirstMile Ventures, and SpringTime Ventures. This significant investment fuels Credo's mission to become the definitive platform for value-based care providers, empowering them to thrive in the evolving healthcare landscape. Bridging the Data Gap Credo Health's core
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MedBright AI Appoints Trevor Vieweg as CEO

by Digtial Helath Executive Hires 01/04/2024 Leave a Comment

MedBright AI Appoints Trevor Vieweg as CEO

- MedBright AI Investments Inc. (CSE: MBAI, OTCQB: MBAIF, FSE: 1V7), a leading investor in healthcare technology companies, today announced the appointment of Trevor Vieweg as its new Chief Executive Officer, effective immediately. - This strategic move signals MedBright AI's commitment to scaling its investments in disruptive healthcare AI technologies and driving further market leadership. A Seasoned Leader in AI Commercialization: Vieweg brings a wealth of experience in bringing AI
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Racing to the Zero Milestone: Accelerating Progress in Cardiac Care with AI-Enabled Analysis

by Stuart Long, CEO, InfoBionic 01/03/2024 Leave a Comment

Racing to the Zero Milestone: Accelerating Progress in Cardiac Care with AI-Enabled Analysis

Cardiac Health is Top of Mind. The Quest to ‘Zero’ Avoidable Cardiac-Related Deaths Continues.  Cardiac disease is one of the top health concerns in the United States. According to the Centers for Disease Control and Prevention (CDC), heart disease remains the leading cause of death for both men and women. As this major public health issue affects a large portion of the population, it has led to a significant focus on heart health in the public and private sectors.  Given its
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WellSpan Hospitals Embrace AI to Bolster Patient Safety and Ease Nurse Burnout

by Jasmine Pennic 01/02/2024 Leave a Comment

WellSpan Hospitals Embrace AI to Bolster Patient Safety and Ease Nurse Burnout

What You Should Know: - WellSpan Health, a leading healthcare system in Pennsylvania, is harnessing artificial intelligence (AI) to deliver innovative care solutions that tackle two critical challenges: patient safety and nurse burnout. - The strategic initiative, powered by the Artisight platform, promises a future of optimized care and improved well-being for both patients and healthcare professionals. Two-Pronged Approach Artisight empowers WellSpan nurses through two key
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Healthcare AI Boom: Avoiding the 3 Big Pitfalls for Success in 2024

by Maxime Vermeir, Sr. Director of AI Strategy at ABBYY 01/02/2024 Leave a Comment

Healthcare AI Boom: Avoiding the 3 Big Pitfalls for Success in 2024

There is no doubt that the AI race is officially on in healthcare. The sector has long had a reputation for lagging behind other industries when it comes to embracing digital transformation. However, 2024 is set to be a major turning point, with many healthcare companies committing to increasing their budget on AI.  A recent survey among providers confirmed that AI spending is up by as much as 80%, with almost half (43%) of respondents investing more than $300,000 in the last 12 months
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AI Cybersecurity in Healthcare: Key Risks and Security Measures

by Britton Burton Sr. Director of TPRM Strategy & Morgan Hague, Manager of IT Risk Management at Meditology Services 12/29/2023 Leave a Comment

AI Cybersecurity in Healthcare: Key Risks and Security Measures

Leaps in healthcare technology continue to benefit humankind: from the advent of the X-ray in the 19th century to dialysis, CT, MRI, and other machines in the 20th century, to a new breadth of digital tools in this era. Perhaps the most auspicious of these is artificial intelligence (AI), with its wide-ranging applications for predictive analytics, drug development, personalized medicine, and robot-assisted surgery. While the integration of AI into healthcare diagnosis and treatment holds
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