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

Medical AI: AccurKardia Secures $2.7M for Clinical Grade ECG Analytics

by Fred Pennic 06/22/2023 Leave a Comment

Medical AI: AccurKardia Secures $2.7M for Clinical Grade ECG Analytics

What You Should Know:  AccurKardia, Inc., a New York-based medical AI software company delivering clinical-grade ECG interpretation software to cardiac monitoring companies raises $2.7M in seed funding led by Popular Impact Fund alongside other private investors. AccurKardia combines proprietary AI and non-AI-based techniques to provide near-real-time ECG analytics in the cloud, on device and at the edge Clinical-grade, device-agnostic, API-accessible ECG analytics. AccurKardia
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Outbound AI Raises $16M for AI-Powered Virtual Agents

by Fred Pennic 06/21/2023 Leave a Comment

Outbound AI Raises $16M for AI-Powered Virtual Agents

What You Should Know:  Outbound AI, a Seattle-based conversational AI platform for healthcare announced it has raised $16M in seed funding co-led by Seattle-based Madrona Venture Group and SpringRock Ventures.Founded in 2021, Outbound AI is breaking new ground with cloud technologies that serve as workforce multipliers to drive productivity while improving the daily job experience for human talent. The company’s inaugural offering includes a portfolio of AI-powered virtual agents
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Revenue Cycle: 3 Reasons Why Waiting for AI Adoption is Costly

by Andrew Lockhart, CEO and Co-founder, Fathom 06/15/2023 Leave a Comment

Revenue Cycle: 3 Reasons Why Waiting for AI Adoption is Costly

Few can miss the increasing role of AI in healthcare. In revenue cycle management (RCM), the last few years have seen the emergence of new technologies for coding and billing. These tools take advantage of natural language processing, deep learning, and other advancements that enable results far superior to the rules-based robotic process automation of the prior generation. For example, take medical coding. Healthcare providers have historically relied on teams of medical coders – people
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AWS, Allen Institute to Map Whole Human Brain to Advance Treatment for Brain Disorders

by Fred Pennic 06/14/2023 Leave a Comment

AWS, Allen Institute to Map Whole Human Brain to Advance Treatment for Brain Disorders

What You Should Know:  AWS and Allen Institute for Brain Science are collaborating on a five-year project to create the largest open source database of brain cell data in the world named the Brain Knowledge Platform (BKP). The strategic global collaboration for the U.S. National Institutes of Health (NIH) BRAIN Initiative Cell Atlas Network (BICAN) with participation from 17 other institutions around the globe including MIT and Princeton will pinpoint precisely why diseases like
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Laudio Secures $13M for AI-Powered Healthcare Operations Platform

by Fred Pennic 06/09/2023 Leave a Comment

Laudio Secures $13M for AI-Driven Healthcare Operations Platform

What You Should Know:  Laudio, a Boston, MA-based AI-powered solution that’s solving for health systems CEOs top issues: labor productivity and burnout secures $13M in Series B funding led by Define Ventures. Laudio acts as a co-pilot to thousands of healthcare managers, amplifying their work and delivering measurable, large-scale improvements. The platform will streamline and standardize best practices for frontline leaders, making crucial data available in real-time and accessible
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Lessons From Oncology – How We Can Better Utilize AI for GI

by Shrujal Baxi, MD, MPH, Chief Medical Officer of Iterative Health 06/09/2023 Leave a Comment

Lessons From Oncology – How We Can Better Utilize AI for GI

Oncology is seen as an early adopter of machine learning in healthcare, and as a doctor who has been working in medical oncology for over a decade, I have seen firsthand how technology has advanced the field. Now, I work at a computer vision company that is using artificial intelligence (AI) in gastroenterology and although these areas of medicine differ, I am struck by the similarities in opportunities that technology has to help advance care and improve outcomes for patients afflicted by
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Carta Healthcare Raises $25M for AI-Powered Clinical Data Abstraction

by Syed Hamza Sohail 06/08/2023 Leave a Comment

Carta Healthcare Raises $25M for AI-Powered Clinical Data Abstraction

What You Should Know: What You Should Know: Carta Healthcare®, a company whose mission is to improve patient care by harnessing the value of clinical data, announced today the final closing of its $25 million series B financing, thanks to additional investments from leading health systems Memorial Hermann Health System and UnityPoint Health.These additional investments follow the initial $20 million series B financing announced in November 2022, which included investors such
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Wolters Kluwer Health Acquires AI Drug Diversion Detection Company Invistics

by Health M&A 06/07/2023 Leave a Comment

Wolters Kluwer Acquires AI Drug Diversion Detection Company Invistics

What You Should Know:  Wolters Kluwer Health today announced the acquisition of Invistics Corporation (Invistics), a U.S.-based provider of cloud-based, AI-enabled software for drug diversion detection and controlled substance compliance. Invistics will join the company’s Clinical Surveillance, Compliance & Data Solutions unit, part of Clinical Solutions. Financial details of the acquisition were not disclosed. Invistics’ solution, Flowlytics, uses predictive analytics to detect
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NYU, NVIDIA Collaborate on Large Language Model to Predict Patient Readmission

by Fred Pennic 06/07/2023 Leave a Comment

NYU, NVIDIA Collaborate on Large Language Model to Predict Patient Readmission

What You Should Know:  Researchers at NYU Langone Health, the academic medical center of New York University, have collaborated with NVIDIA experts to develop a large language model (LLM) that predicts a patient’s risk of 30-day readmission, as well as other clinical outcomes. The LLM was deployed in the healthcare system’s six inpatient facilities, the NYUTron model — featured today in the scientific journal Nature that will provide doctors with AI-driven insights that could help
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Too Many Chatbots? What Is The Right Mix of AI/Human Interactions?

by Simon Johns, Director of Medical Information and Marketed Product Safety at IQVIA 06/06/2023 Leave a Comment

Too Many Chatbots? What Is The Right Mix of AI/Human Interactions?

Pharmaceutical companies across the globe are currently investing in artificial intelligence (AI) to overcome challenges surrounding the support of inquiries from healthcare professionals (HCPs). In fact, according to an Informa study, 58% of life science experts believe that advanced AI agents have the potential to deliver HCP engagement experiences comparable to human experts. Blending humans and AI agents help to address rising expectations and demand for constant multichannel access to
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