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

71% of Consumers Believe Generative AI Can Revolutionize Healthcare

by Fred Pennic 11/21/2023 Leave a Comment

Consumers Believe Generative AI Can Revolutionize Healthcare

What You Should Know: A recent survey conducted by Deloitte's Center for Health Solutions (Center) revealed a growing acceptance and optimism among consumers regarding the potential of Generative AI  to revolutionize healthcare. Over half of the respondents (53%) believe that generative AI could improve access to healthcare, while 46% expressed confidence in its ability to make healthcare more affordable. Generative AI: A Reliable Source of Information The survey further
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TRANSFORM Trial Unveiled: AI-Powered Approach for Personalized Heart Disease Care

by Jasmine Pennic 11/21/2023 Leave a Comment

TRANSFORM Trial Unveiled: AI-Powered Approach for Personalized Heart Disease Care

Cleerly, a leading innovator in the field of cardiovascular disease diagnosis, today announced the launch of the TRANSFORM trial at the American Heart Association's (AHA) 2023 Scientific Sessions. This groundbreaking trial aims to revolutionize the way heart disease is prevented by evaluating a personalized care strategy based on Cleerly's AI-powered coronary artery disease (CAD) plaque staging system. About the TRANSFORM Trial The TRANSFORM trial is a randomized, controlled trial that
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Fortrea, Medidata Form AI Partnership to Increase Diversity in Clinical Trials

by Fred Pennic 11/20/2023 Leave a Comment

Fortrea, Medidata Form AI Partnership to Increase Diversity in Clinical Trials

What You Should Know: - Fortrea, a global contract research organization (CRO), and Medidata, a Dassault Systèmes company specializing in clinical trial solutions, announced an AI-powered partnership to increase diversity in clinical trials. - The collaboration aims to leverage Medidata's AI technology, specifically Medidata AI Intelligent Trials, to increase access to diverse patients in Fortrea-conducted clinical trials. Increase Diversity in Clinical Trails This partnership builds
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M&A: Aya Healthcare Acquires Winnow AI to Bolster Physician Recruitment

by Fred Pennic 11/20/2023 Leave a Comment

Aya Healthcare Acquires Winnow AI to Bolster Physician Recruitment

What You Should Know: - Aya Healthcare, a large healthcare talent software and staffing company, has acquired Winnow AI, a data science-driven solution that helps organizations recruit and retain physicians. - Winnow AI uses artificial intelligence and business intelligence to identify passive physicians who are likely to relocate to a particular region. This acquisition will allow Aya Healthcare to offer both active and passive job seeker recruitment platforms to its clients. Data
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M&A: HEALWELL AI Acquires Pentavere Research Group to Enhance AI Healthcare Solutions

by Health M&A Moves 11/17/2023 Leave a Comment

HEALWELL AI Acquires Pentavere Research Group to Enhance AI Healthcare Solutions

What You Should Know: - HEALWELL AI Inc. (TSX: AIDX), a data science and AI company focused on preventative care, has announced a significant step forward in its mission to revolutionize healthcare through the acquisition of a majority ownership position in Pentavere Research Group Inc. (Pentavere). - This acquisition will bolster HEALWELL's AI technology capabilities and expand its reach in the healthcare industry. Pentavere Background Pentavere, an innovative AI health-tech company
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Elsevier Health and OpenEvidence Partner to Unveil ClinicalKey AI

by AI Strategic Partnerships 11/17/2023 Leave a Comment

Elsevier Health and OpenEvidence Partner to Unveil ClinicalKey AI

What You Should Know: - Elsevier Health, a global leader in medical information and data analytics, has announced a strategic partnership with OpenEvidence, a company specializing in artificial intelligence for medicine, to develop ClinicalKey AI, a next-generation clinical decision support tool that combines the most recent and reputable evidence-based medical content with generative artificial intelligence (AI) to help physicians at the point of care. - The vast amount of complex data
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Healthcare Embraces Generative AI: 70% of Organizations Actively Explore its Revenue Cycle Potential

by Fred Pennic 11/17/2023 Leave a Comment

Healthcare Embraces Generative AI: 70% of Organizations Actively Explore its Revenue Cycle Potential

What You Should Know: - AKASA, a leading developer of AI-powered automation for the revenue cycle, released new survey results showing that more than 70 percent of healthcare organizations are actively considering the use of generative AI. - In the same survey of more than 250 CFOs and financial leaders at health systems and hospitals across the U.S., nearly 60% percent of respondents indicated they are actively considering these new technologies for their revenue cycle
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SciBase and Skin and Cancer Institute Collaborate to Advance AI-Driven Skin Cancer Detection in California

by AI Strategic Partnerships 11/16/2023 Leave a Comment

SciBase and Skin and Cancer Institute partner

What You Should Know: SciBase Holding AB, a developer of augmented intelligence-based solutions for skin disorders, has entered into a collaboration agreement with the Skin and Cancer Institute to pilot Nevisense in several of their California locations. - Melanoma is the deadliest form of skin cancer, but when detected early, treatment has a nearly 100% cure rate. The collaboration emphasizes the significance of early testing and treatment to improve survival rates. - The collaboration
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Pathway Raises $5M for AI-Powered Medical Knowledge Platform

by Fred Pennic 11/16/2023 Leave a Comment

Pathway Raises $5M for AI-Powered Medical Knowledge Platform

What You Should Know: - Pathway, an AI-powered medical knowledge platform, has secured $5 million in seed funding to expand its solutions and address information overload for healthcare professionals. The seed funding was led by Yamaha Motor Ventures, with participation from Verge HealthTech Fund, existing investors Amplify Capital, BoxOne Ventures, and Formentera Capital. Several physicians who have experienced Pathway's benefits also backed the funding round. - The funding will allow
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Forward Secures $100M to Expand AI-Powered Doctor’s Offices

by Fred Pennic 11/16/2023 Leave a Comment

Forward Secures $100M to Expand AI-Powered Doctor’s Offices

What You Should Know: - Forward, a leading AI-powered healthcare company, has announced $100M in growth capital to expand its network of Forward CarePods, self-service AI-powered doctor's offices. This investment will fuel Forward's mission to revolutionize healthcare by making it more accessible, affordable, and high-quality. - The funding round was led by Khosla Ventures, with participation from Founders Fund, Samsung Next, Abu Dhabi Investment Authority, and Softbank. In addition to
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