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

Duke Health, Microsoft Form 5-Year Generative AI Partnership, Creates AI Innovation Lab

by Fred Pennic 08/02/2023 Leave a Comment

Duke Health to Integrate Glytecc's Insulin Management with Epic EMR

What You Should Know: Duke Health forms a strategic five-year, innovative partnership with Microsoft aimed at responsibly and ethically harnessing the potential of generative artificial intelligence (AI) and cloud technology to transform the healthcare landscape. The strategic partnership will usher in a new era of innovation, including the creation of a Duke Health AI Innovation Lab and Center of Excellence.As part of the strategic partnership, Microsoft will equip Duke with state-of-the-art
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Augmedics Acquires Surgalign’s Digital Health Assets for $900k

by Fred Pennic 07/31/2023 Leave a Comment

Augmedics Acquires Surgalign's Digital Health Assets for $900k

What You Should Know:  - Augmedics, a provider of augmented reality (AR) surgical navigation, announced it has been named the successful bidder for the digital health assets of Surgalign and Holo Surgical following a competitive auction process.  - Augmedics’s bid for the digital health assets consists of a cash purchase price of $900,000 and the assumption of certain liabilities, as set forth in the asset purchase agreement. The sale will close pending approval by the Bankruptcy
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Why Digital Pathology’s Ecosystem Won’t Support AI Startups

by Imogen Fitt, Senior Market Analyst at Signify Research 07/31/2023 Leave a Comment

Why Digital Pathology’s Ecosystem Won’t Support AI Startups

Whilst growth in the overall digital pathology AI market is set to scale quickly, cannibalization and consolidation are expected to create headwinds for individual AI vendors. How do investors know where their money is safest? The recent abundance of digital pathology (DP) media coverage can make it hard to remember that not too long ago, this was a market perpetually ‘lagging’ versus other digital healthcare sectors. And whilst growth has now firmly shifted to its ‘log’ phase, there are
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FDA Grants Clearance for UltraSight’s AI Cardiac Ultrasound

by Fred Pennic 07/28/2023 Leave a Comment

FDA Grants Clearance for UltraSight's AI Cardiac Ultrasound

What You Should Know:  UltraSight, a digital health pioneer transforming cardiac imaging through the power of artificial intelligence, announced that it has been granted FDA clearance for its AI-powered ultrasound guidance technology. The UltraSight real-time AI guidance software can assist medical professionals without sonography experience in acquiring cardiac ultrasound images at the point of care in multiple settings, allowing for more widespread detection of heart disease and
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RapidAI Secures $75M for AI-Driven Stroke Care Solutions

by Jasmine Pennic 07/27/2023 Leave a Comment

RapidAI Secures $75M for AI-Driven Stroke Care Solutions

What You Should Know:  - RapidAI, a San Mateo, CA-based digital health company developing artificial intelligence (AI) and technology workflow solutions to combat life-threatening neurovascular, cardiac and vascular diseases, today announced $75 million in Series C funding led by Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic financing partner focused on the enterprise software, data and technology markets.  - The funding aims to drive platform
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AWS Launches Generative AI Solution That Auto Generates Clinical Notes

by Fred Pennic 07/26/2023 Leave a Comment

AWS Launches Generative AI Solution That Auto Generates Clinical Notes

What You Should Know:  Amazon Web Services, Inc. (AWS) launches AWS HealthScribe, a new HIPAA-eligible service that empowers healthcare software providers to build clinical applications that use speech recognition and generative AI to save clinicians time by generating clinical documentation. With AWS HealthScribe, healthcare software providers can use a single API to automatically create robust transcripts, extract key details (e.g., medical terms and medications), and create
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How Generative AI Can Transform Healthcare Contact Centers

by Patty Hayward, GM of Healthcare and Life Sciences at Talkdesk 07/26/2023 Leave a Comment

How Generative AI Can Transform Healthcare Contact Centers

Generative artificial intelligence (AI) arguably is the hottest topic today in the world of business and technology. With the ability to create content such as text, images, audio, and video, generative AI algorithms are being tested for use cases in marketing, finance, education, and healthcare. ChatGPT and other generative AI platforms have tremendous potential to transform healthcare and other industries. But the current inherent limitations of generative AI introduce compliance and
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Generative AI Can Transform Public Health, but Guardrails by Design Needed

by Jasmine Pennic 07/21/2023 Leave a Comment

Generative AI Can Transform Public Health, but Guardrails by Design Needed

What You Should Know:  - The next generation of ethical generative artificial intelligence (GenAI) provides new hope to transform public health; however, advances in technology must never come at the cost of patient rights, according to a recent webinar.  - The insights were the consensus amongst top African and American health AI experts who participated in a recent webinar about the impact of GenAI on healthcare hosted by Vantage Health Technology, a social enterprise focussed on
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Aevice Health Secures FDA Clearance for Smart Stethoscope Wearable for Respiratory Monitoring

by Fred Pennic 07/20/2023 Leave a Comment

What You Should Know: - Aevice Health, a Singapore-based provider of remote respiratory monitoring solutions today announced that its AI-powered, smart stethoscope wearable, the AeviceMD, has received clearance from the U.S. Food and Drug Administration (FDA) as a Class II medical device under the 510(k) route. - This clearance empowers the company to market and provide their novel remote monitoring platform to health systems across the country, expanding access to a hassle-free and convenient solution for assessing lung health in clinical and home settings. Remote Respitoring Monitoring Platform The AeviceMD is an integral part of the broader AeviceMD Monitoring System, a comprehensive patient management platform targeted towards chronic respiratory disease management. Leveraging cutting-edge proprietary algorithms, the AeviceMD Monitoring System continuously monitors biomarkers of interest acquired by its smart wearable stethoscope and detects early signs of respiratory exacerbation. The robust platform has completed trials in the emergency department for the analysis of abnormal lung sounds like wheezing against the current standard of care — the clinicians’ own stethoscope-based analysis. The results from these trials are currently being collated and will be disclosed in a separate and forthcoming announcement. How AeviceMD Works With the AeviceMD, the clinic can now be brought home. The AeviceMD elevates the ubiquitous stethoscope - an essential tool in every clinic - into a smart, digital, and easily accessible device. Caregivers and patients can simply conduct auscultations using the AeviceMD sensor and conveniently share them with their healthcare professional. Through analysis of these recordings, healthcare providers can accurately identify abnormalities and promptly advise patients, enabling proactive management of lung health.

What You Should Know:  - Aevice Health, a Singapore-based provider of remote respiratory monitoring solutions today announced that its AI-powered, smart stethoscope wearable, the AeviceMD, has received clearance from the U.S. Food and Drug Administration (FDA) as a Class II medical device under the 510(k) route.  - This clearance empowers the company to market and provide their novel remote monitoring platform to health systems across the country, expanding access to a
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Teladoc Health & Microsoft Expands Generative AI Integration

by Fred Pennic 07/18/2023 Leave a Comment

Teladoc Health Integrates Solo platform with Microsoft Teams for Health Systems

What You Should Know:  - Teladoc Health today announced an integration expansion with Microsoft, leveraging AI to help minimize administrative burden and identify potential hazards. - The integrated solutions will enhance the power of our Solo platform for hospitals and health systems to better support the clinical workforce. These innovations powered by Microsoft AI tools will minimize administrative burden by automating clinical documentation during virtual and in-patient care. -
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