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

Syllable Acquires Healthcare CRM Intelligence Platform Actium Health

by Syed Hamza Sohail 03/22/2024 Leave a Comment

What You Should Know: Syllable, a leader in healthcare artificial intelligence and process automation, today announced its purchase of Actium Health. Financial details were not disclosed.As the industry evolves, health systems are faced with multiple challenges: Revenue growth with limited capacity, managing and retaining a highly-skilled, but burnt-out workforce, increasing operational costs, and making the most of their care delivery capacity to ensure patient access to high-quality
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Pharmacovigilance in Crisis: Automation as the Answer to Workforce Shortages

by Axel Hagel, Practice Leader, PV & RM services, IQVIA 03/22/2024 Leave a Comment

Pharmacovigilance in Crisis: Automation as the Answer to Workforce Shortages

The healthcare industry is no stranger to workforce shortages, and the pharmaceutical industry may be next to experience disruptions brought on by labor challenges. According to the U.S. Bureau of Labor Statistics, it is estimated that occupations across life, physical and social sciences are expected to grow 7% by 2028. However, statistics also indicate that about 136,800 openings in these fields will remain unfilled annually through 2032, as employment growth and worker resignations are
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Chan Zuckerberg Initiative Forms AI Advisory Group & Residency Program to Develop Virtual Cell Models

by Jasmine Pennic 03/21/2024 Leave a Comment

Chan Zuckerberg Initiative Forms AI Advisory Group & Residency Program to Develop Virtual Cell Models

What You Should Know: - The Chan Zuckerberg Initiative (CZI) announced the formation of a powerful AI Advisory Group and an in-house AI residency program, both focused on building predictive models of healthy and diseased cells – a key step towards creating virtual cell models. AI Advisory Group Background & Members CZI's newly established AI Advisory Group will provide invaluable guidance and cross-disciplinary insights to CZI and the Chan Zuckerberg Biohub Network to push the
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PocketHealth Secures $33M to Expand Medical Image Exchange Platform

by Fred Pennic 03/21/2024 Leave a Comment

PocketHealth Secures $33M to Expand Medical Image Exchange Platform

What You Should Know: - PocketHealth, a Toronto, CA-based patient-centric platform for medical image exchange raises $33M USD ($45 million CAD) in Series B funding led by Round13 Capital with participation from Deloitte Ventures, Samsung Next. - PocketHealth plans to use the latest round of funding to develop its secure platform, streamlining image exchange between patients, providers, and any healthcare facility. In addition, PocketHealth plans to double its workforce and significantly
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Google & Apollo Fight TB, Lung & Breast Cancer in India with 3 Million Free AI Screenings

by Fred Pennic 03/21/2024 Leave a Comment

Free AI Cancer & TB Screenings for India: Google & Apollo's Initiative

What You Should Know: - Google Health and Apollo Radiology International are joining forces to tackle some of the country's biggest health challenges – tuberculosis (TB), lung cancer, and breast cancer – using AI-powered screening technology. - Over the next decade, Apollo will leverage AI models to provide 3 million free screenings for TB, lung cancer, and breast cancer. The initiative has the potential to save countless lives and improve healthcare outcomes for millions of Indians. AI
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HiMS Unveils AI-powered EHR That Saves Clinicians 2 Hours Daily

by Syed Hamza Sohail 03/21/2024 Leave a Comment

What You Should Know: Health Information Management Systems (HiMS) unveiled AxiomEHR, an all-new, AI-powered electronic health record (EHR) solution with a unique architecture that supports data-based decision-making, flexible care coordination, and overall resilience to drive quality-based care.Tailored specifically for behavioral and integrated health care providers, AxiomEHR features AI-driven automation, which streamlines inefficient workflows and drastically reduces the screen
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Abridge & NVIDIA Partner to Supercharge AI-powered Clinical Documentation

by Fred Pennic 03/20/2024 Leave a Comment

Abridge & NVIDIA Partner to Supercharge AI-powered Clinical Documentation

What You Should Know: - Abridge, a leader in generative AI for healthcare documentation forms a strategic collaboration with NVIDIA to leverage NVIDIA's cutting-edge technology and expertise to significantly improve clinician workflows and patient care through AI-powered solutions. - Abridge also secured an investment from NVentures, NVIDIA's venture capital arm, further solidifying their commitment to revolutionizing healthcare documentation Unearthing a Sea of Lost
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Nurse Shortage, Burnout Top Concerns for Healthcare Workers: AI Seen as Potential Solution

by Jasmine Pennic 03/20/2024 Leave a Comment

What You Should Know: - A new survey by Carta Healthcare®, a company focused on harnessing the power of clinical data, sheds light on the pressing challenges faced by healthcare professionals in the United States. - In honor of Certified Nurses Day, the survey conducted Propeller Insights in January/February 2024 among 500 healthcare workers, reveals that staff shortages and burnout are taking a significant toll on the industry. Staffing Shortages: The Root Cause of Burnout While
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Leveraging the AI Opportunity for Healthcare Unstructured Data

by Krishna Subramanian, Co-Founder at Komprise 03/20/2024 Leave a Comment

Leveraging the AI Opportunity for Healthcare Unstructured Data

Unstructured data – such as medical images, scans and lab reports – opens the door to a wide range of exciting new possibilities in the world of healthcare. By deriving insights from unstructured data, healthcare organizations can deliver better patient care, as well as unlock powerful capabilities – like using AI models to streamline medical note-taking, reshape hospital billing and improve medical coding.  To do these things, however, you need to be able to track and access all your
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Ultrahuman Scores $35M to Expand Smart Ring for AI-Powered Health Tracking

by Jasmine Pennic 03/20/2024 Leave a Comment

Ultrahuman Scores $35M to Expand Smart Ring for AI-Powered Health Tracking

What You Should Know: - Ultrahuman, a pioneer in wearable health technology raises $35M in Series B funding led by prominent like Blume Ventures and Steadview Capital. - Ultrahuman is set to achieve a significant milestone by the end of 2024 – surpassing $100M in annualized revenue run rate (ARR) while remaining profitable. Building a Multi-Device Health Ecosystem Ultrahuman: A Multi-Device Ecosystem for Holistic Health Ultrahuman stands out as a leader in the health-tech
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From Overwhelmed to Optimized: How AI Agents Address Staffing Challenges and Burnout in Healthcare

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