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

Tempus AI Files for IPO, Eyes Over $600M in Funding for AI-Powered Precision Medicine

by Fred Pennic 05/23/2024 Leave a Comment

Tempus AI Files for IPO, Eyes Over $600M in Funding for AI-Powered Precision Medicine

What You Should Know:  - Tempus AI, a leader in artificial intelligence (AI)-powered precision medicine, filed with the Securities and Exchange Commission (SEC) on Monday to raise up to $100M in an initial public offering (IPO). Industry analysts, however, believe this figure might be a placeholder, with the actual target amount closer to $600M. - Founded in 2015 and headquartered in Chicago, Illinois, Tempus AI reported $562M in revenue for the fiscal year ending March 31,
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Twin Health Unveils Digital Twin AI for Weight Loss with GLP-1 Elimination

by Syed Hamza Sohail 05/22/2024 Leave a Comment

Twin Health Unveils Digital Twin AI for Weight Loss with GLP-1 Elimination

What You Should Know: -       Today, Twin Health announced it is extending its whole body digital twin AI platform, proven to help members achieve remission of type 2 diabetes and eliminate medications, to address the challenge of obesity and weight loss. -       Twin’s Healthy Weight solution combines digital twin AI and compassionate clinical care to help members achieve a healthy weight that they can sustain
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SPRY Launches AI-Integrated EMR for Rehab Therapy

by Syed Hamza Sohail 05/22/2024 Leave a Comment

SPRY Launches AI-Integrated EMR for Rehab Therapy

What You Should Know: -              SPRY Therapeutics (“SPRY”), creator of rehab therapy’s first fully integrated, AI-powered EMR, today announced the introduction of SPRY Ally, a suite of AI-powered tools for rehab therapy. -              The tools leverage AI’s ability to continually learn as it dramatically improves the efficiency and accuracy of clinical
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Sanofi, Formation Bio, OpenAI Partner on AI-Powered Drug Discovery

by Fred Pennic 05/21/2024 Leave a Comment

Sanofi, Formation Bio, OpenAI Partner on AI-Powered Drug Discovery

What You Should Know:  - Sanofi, a global pharmaceutical leader, Formation Bio, an AI-powered drug developer, and OpenAI, a leading research and development company in artificial intelligence, have announced a groundbreaking collaboration.  The first-of-its-kind partnership in the pharma and life sciences industries aims to leverage AI to accelerate drug development and bring new medicines to patients faster. - Sanofi, Formation Bio, and OpenAI believe this collaboration will be
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Revolutionizing Medical AI: John Snow Labs’ LLMs Outperforms GPT-4, Med-PaLM2

by Jasmine Pennic 05/21/2024 Leave a Comment

Revolutionizing Medical AI: John Snow Labs' LLMs Outperforms GPT-4, Med-PaLM2

What You Should Know:  - John Snow Labs, a leader in AI for healthcare, has announced a significant breakthrough in medical Large Language Model (LLM) accuracy. Their models have achieved state-of-the-art (SOTA) performance on industry benchmarks, surpassing hundreds of competing models. - John Snow Labs' Healthcare NLP & LLM subscription provides access to their state-of-the-art models, along with ongoing updates and new releases. This ensures customers stay ahead of the
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Beacon Health System to Deploy Notable’s AI Platform to Streamline Scheduling and Improve Patient Experience

by Jasmine Pennic 05/21/2024 Leave a Comment

Beacon Health System to Deploy Notable’s AI Platform to Streamline Scheduling and Improve Patient Experience

What You Should Know:  - Beacon Health System, a healthcare provider in northwest Indiana and southern Michigan, has announced a new partnership with Notable, an AI platform focused on streamlining healthcare operations.  - The deployment of Notable’s AI platform aims to improve patient experience and access to care by automating the scheduling process for diagnostic procedures and tests. The Challenge: Scheduling Delays and Frustration Currently, when a healthcare provider
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AI-Powered Dentistry: Modernizing Dental Practices for Better Care and Efficiency

by Dr. Cindy Roark, SVP and Chief Clinical Officer at Sage Dental 05/21/2024 Leave a Comment

AI-Powered Dentistry: Modernizing Dental Practices for Better Care and Efficiency

In modern dentistry, the introduction of artificial intelligence (AI) has created a profound shift, promising to revolutionize dental practices. From diagnostics to personalized treatment planning and patient care, AI technologies are spearheading an unprecedented era of precision and efficiency. By harnessing the power of AI-driven technology, dental professionals can unlock new frontiers in diagnostics, leveraging sophisticated image analysis and data-driven insights to deliver accurate and
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Videra Health Secures 5.6M for AI-Powered Mental Health Screening & Monitoring

by Fred Pennic 05/21/2024 Leave a Comment

Videra Health Secures 5.6M for AI-Powered Mental Health Screening & Monitoring

What You Should Know:  - Videra Health, a frontrunner in AI-powered mental health assessments raises $5.6M in Seed II funding led by Peterson Ventures, with participation from Mercato Partners, Epic Ventures, and Philo Ventures. - Videra Health aims to tackle these challenges by offering widespread, streamlined mental health screening and monitoring powered by AI technology.  Transforming Mental Health Screening with Video Technology Videra Health leverages cutting-edge
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Why an Enterprise Master Person Index is Foundational for Health Tech Innovation

by Jitin Asnaani, Chief Product Officer, Rhapsody 05/17/2024 Leave a Comment

Why an Enterprise Master Person Index is Foundational for Health Tech Innovation

Healthcare is poised to become the world's fastest-growing source of data in the next year (RBC Capital Markets), accumulating from sources that are as varied as they are numerous, including hospitals, doctors’ offices, retail clinics, and wearable devices. While this wealth of information holds immense potential to revolutionize healthcare, accurately managing it is cumbersome and leveraging it effectively is challenging.  A substantial driver of this challenge is that correctly
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Implicity Launches FDA-approved Heart Failure Prediction Algorithm, SignalHF

by Fred Pennic 05/17/2024 Leave a Comment

Implicity Launches FDA-approved Heart Failure Prediction Algorithm, SignalHF

What You Should Know:  - Implicity, a leader in remote patient monitoring and cardiac data management, has received FDA 510(k) clearance for SignalHF1, a groundbreaking new algorithm within their remote monitoring solution.  - SignalHF1 algorithm empowers early detection and intervention, paving the way for improved patient outcomes and a brighter future for cardiac care. Leveraging Big Data for Better Heart Care Implicity holds a unique distinction as the first private
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