What You Should Know:
- Absci Corporation (Nasdaq: ABSI), a company utilizing generative AI for drug discovery, announced today an initial public offering (IPO) of $75 million in common stock.
- This IPO aims to support the advancement of Absci's internal drug development programs, further investment in their Integrated Drug Creation™ platform, and general corporate purposes.
Offering Details
Absci intends to offer $75M of common stock, with an option to sell an additional $11.25M
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
Belong.Life Launches Conversational AI Cancer Mentor
What You Should Know:
Belong.Life, a leading global provider of AI-powered patient education and support solutions, has unveiled the BelongAI Dave - Cancer Mentor app to bring the most advanced and comprehensive cancer support technology to patients and caregivers around the world.The new solution marks a significant step forward in personalized cancer support, by providing patients with a proactive and comprehensive conversational-AI solution for managing their journey
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Integrating AI Co-Pilots: A New Era of Intelligent Healthcare Management
The integration of AI into healthcare workflows presents a tremendous opportunity for transformation –– and for new levels of productivity in a time when administrative functions surrounding claims adjudication, provider reimbursement, and related functions are complicating operations and affecting efficiency. AI Co-Pilots offer an innovative approach to addressing these issues by driving efficiency, accuracy, and value in payment integrity.
The payment Integrity sector, crucial for ensuring
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DeepScribe and AWS Partner to Advance AI-Powered Medical Documentation
What You Should Know:
- DeepScribe, a pioneer in AI-powered medical documentation, today announced a collaboration with Amazon Web Services (AWS) aimed at accelerating the secure scaling of large language models (LLMs) within the healthcare sector.
- The strategic partnership will integrate AWS HealthScribe into DeepScribe's platform, fueling the development of even more advanced AI-assisted clinical documentation solutions.
Scale Generative AI in Healthcare
DeepScribe utilizes a
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Abridge Secures $150M to Expand GenAI, Partners with Yale New Haven Health System
What You Should Know:
- Abridge, the leading force in generative AI for clinical documentation, announced today a staggering $150 million Series C funding round led by Lightspeed Venture Partners. The funding also includes participation from new and existing investors like Redpoint Ventures, IVP, Spark Capital, Union Square Ventures, Bessemer Venture Partners, Wittington Ventures, Mass General Brigham Artificial Intelligence and Digital Innovation Fund (AIDIF), Kaiser Permanente Ventures, and
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Sentara Health Taps RhythmX AI to Deploy Generative AI-Driven Co-Pilot for Clinicians
What You Should Know:
RhythmX AI, a generative AI-native company driving revolutionary physician intelligence for whole-person care through cutting edge predictive and generative AI, announced a strategic partnership with Virginia-based Sentara Health, one of the top 20 largest not-for-profit integrated health care delivery systems in the country. Together, RhythmX AI and Sentara are building the next generation of hyper-personalized primary care for clinicians and
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93% of Physicians Feeling Burned Out, Overburdened, and Hopeful for AI Solutions
What You Should Know:
- 93% of physicians are experiencing regular burnout, spending an average of 15 extra hours per work outside normal hours, according to athenahealth’s latest Nationwide Physician Sentiment Survey.
- The athenahealth Physician Sentiment Survey provides valuable insights into the current state of American healthcare. Addressing the challenges highlighted in the survey is crucial to ensuring the well-being of both doctors and patients, while harnessing the potential of
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Fabric Raises $60M to Automate Healthcare with AI-powered Care Enablement System
What You Should Know:
- Fabric, a leading care enablement platform developer, announced today a $60 million Series A funding round led by General Catalyst, with continued participation from Thrive Capital, GV (Google Ventures), and other notable investors.
- The funding will be used to fuel Fabric's mission to humanize healthcare by automating administrative and clinical tasks, empowering both patients and clinicians.
Addressing Crisis-Level Clinician Burnout
With provider burnout at
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UnityAI Secures $4M for AI-Powered Patient Flow Optimization
What You Should Know:
- UnityAI, a healthcare technology startup, announced today the successful closure of its seed funding round, raising $4M led by Max Ventures, with participation from Whistler Capital Partners, Nashville Capital Network, Company Ventures, and individual healthcare angels.
- The funding fuels the company's mission to transform hospital operations through AI-powered patient flow optimization.
Founded by Healthcare Experts, Focused on Patient Care
UnityAI is
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Maverick AI and ImagineSoftware Partner to Automate Medical Coding with Gen AI
What You Should Know:
- Maverick Medical AI ("Maverick"), a provider of an autonomous AI-powered medical coding platform, today announced a strategic partnership with ImagineSoftware, a provider of revenue cycle management (RCM) technology in the United States.
- The strategic partnership aims to automate the coding process, maximize revenue recovery, and optimize workflows for healthcare providers nationwide.
The Challenge: Manual Coding in a Digital Age
The healthcare industry
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