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

Causaly Secures $60M to Accelerate AI-Powered Biomedical Research

by Fred Pennic 07/13/2023 Leave a Comment

Causaly Secures $60M to Accelerate AI-Powered Biomedical Research

What You Should Know:  Causaly, the leading AI platform for biomedical research raises $60M in Series B funding led by ICONIQ Growth, with participation from Index Ventures, Marathon Venture Capital, EBRD, Pentech Ventures and Visionaries Club. Strategic individuals also participated in the round, including Alex Gorsky (former Chairman and CEO of Johnson & Johnson) and Olivier Pomel (CEO and Co-Founder of Datadog). The investment brings the total funding raised to $93 million,
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Alfie Health Raises $2.1M for AI-Powered, Virtual Obesity Clinic

by Syed Hamza Sohail 06/29/2023 Leave a Comment

Alfie Health Raises $2.1M for AI-Powered, Virtual Obesity Clinic

What You Should Know: With 42 percent of Americans now struggling with obesity, doctors and their patients are looking for a sustainable approach to weight loss. Currently, prescription medications known as the GLP-1 class of anti-obesity medications (such as Ozempic, Wegovy, Mounjaro, etc.) are becoming extremely popular as a way to lose 10-15 percent of body weight on average. However, these drugs can come with significant issues and downsides.Now a new virtual clinic for patients with
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Iodine Software, OpenAI Partner to Resolve Revenue Leakage

by Syed Hamza Sohail 06/29/2023 Leave a Comment

Iodine Software, OpenAI Partner to Resolve Revenue Leakage

What You Should Know: Iodine Software, a pioneer in healthcare AI technology, today announced an expanded relationship withOpenAI, an AI research and development company.As part of this collaboration, Iodine will gain access to OpenAI’s cutting edge artificial intelligence technologies, including its powerful language model GPT-4. AI-Driven Clinical Automation Tools Iodine Software has a deep-rooted history in AI technology, having developed sophisticated, industry leading
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French Startup Gleamer Raises $29.4M for AI-Powered Medical Imaging

by Fred Pennic 06/28/2023 Leave a Comment

French Startup Gleamer Raises $29.4M for AI-Powered Medical Imaging

What You Should Know:  Gleamer, a Paris, France-based European manufacturer in AI-powered solutions for medical imaging raises €27M ($29.4M USD) in Series B funding led by Supernova Invest, co-led by Heal Capital and backed by Gleamer’s long-term partners XAnge, Elaia, Bpifrance via the funds Digital Venture and F3A from France 2030, MACSF, Crista Galli Ventures, and UI Investissement, as well as several European radiologists. Founded in 2017, Gleamer’s suite of AI-powered solutions
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Eko Health Launches AI-Enhanced Digital Stethoscope

by Fred Pennic 06/27/2023 Leave a Comment

Eko Health Launches AI-Enhanced Digital Stethoscope

What You Should Know:  Eko Health today announced the launch of its next-generation AI-enhanced digital stethoscope, CORE 500™.  Engineered to enhance diagnostic accuracy and early disease detection, the CORE 500™ combines artificial intelligence (AI) software, high-fidelity audio experience, full-color display, and 3-lead electrocardiogram (ECG) to deliver an essential patient assessment tool for healthcare professionals (HCPs).   CORE 500 Features The CORE
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AWS Launches $100M Generative AI Center to Accelerate Healthcare, Life Sciences

by Fred Pennic 06/23/2023 Leave a Comment

AWS Launches $100M Generative AI Center to Accelerate Healthcare, Life Sciences

What You Should Know:  Amazon Web Services, Inc. (AWS) announced an investment of $100M to launch the AWS Generative AI Innovation Center, with healthcare and life sciences as a prioritized industry (alongside Financial Services, Energy & Utilities, Telco, and others). The AWS Generative AI Innovation Center will connect AWS AI and machine learning (ML) experts with customers around the globe to help them envision, design, and launch new generative AI products, services, and
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RCM: Why Generative AI is Needed for Prior Authorization Reform

by Michael Rivers, MD, Sr. Medical Director of Ophthalmology, ModMed 06/23/2023 Leave a Comment

RCM: Why Generative AI is Needed for Prior Authorization Reform

The headline-grabbing emergence of generative AI platforms, such as ChatGPT, BARD and BingGPT, has forced leaders across all verticals to ask, “What can we optimize with AI?” The AI chatbots remain in early stages of their development, but they have shown enough promise to suggest their full arrival is imminent. Every industry is currently weighing the best way to deploy AI, and that includes healthcare, where efficiency and improved workflows can make a tangible impact on the care that patients
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Smart Eye Will Monitor Driver’s Vital Signs to Enhance Road Safety

by Fred Pennic 06/23/2023 Leave a Comment

Smart Eye Will Monitor Driver’s Vital Signs to Enhance Road Safety

What You Should Know:  Smart Eye, a developer of Driver Monitoring System (DMS) technology for the automotive industry adds vital signs detection that analyzes multiple physiological signals to remotely monitor heart and respiration rates, enabling detection of sudden illness and prioritizing driver well-being. By tracking the driver's physiological indicators, this new feature enables the early detection of sudden illnesses or unresponsive behavior while operating a vehicle. This
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Medtronic, Allurion Launches AI-Powered Weight Loss Pilot

by Jasmine Pennic 06/22/2023 Leave a Comment

Medtronic, Allurion Launches AI-Powered Weight Loss Pilot

What You Should Know:  Allurion, a company dedicated to ending obesity launches a pilot collaboration agreement with Medtronic to expand access to Allurion’s AI-powered weight loss program through a sales agency agreement in the Central and Eastern Europe, Middle East, and Africa (CEMA) region.The partnership enables Allurion to offer the Allurion Balloon and accelerate utilization of the Allurion Iris Artificial Intelligence (AI) Platform in the management of bariatric surgery patients
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DUOS Raises $10M to Empower Older Adults to Live Independently

by Fred Pennic 06/22/2023 Leave a Comment

DUOS Secures $15M for Senior Assistance Platform for Older Adults

What You Should Know:  DUOS, a digital health company focused on empowering older adults to live independently, announced today an additional $10M in funding led by Primetime Partners, SJF Ventures, and CEOC's Aging Innovation Fund managed by Castellan Group.  Founded in 2020, DUOS focuses on older adults' aging needs and maximizes their well-being by connecting them with untapped health plan benefits and building high-trust relationships. The DUOS' System of Aging technology connects
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