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

Transforming Healthcare Through Ethical AI: Enhancing Trustworthiness, Privacy, and Compliance

by David Ting, founder/CTO at Tausight 01/16/2024 Leave a Comment

Transforming Healthcare Through Ethical AI: Enhancing Trustworthiness, Privacy, and Compliance

In November, President Biden signed a new Executive Order – titled “Safe, Secure, and Trustworthy Artificial Intelligence” – that promises to introduce new national AI regulations that focus on safety and responsibility in the use of this revolutionary new technology. Fast on the heels of this high-profile EO, the Biden Administration has already started the process of writing actual standards for the safe use of generative AI by announcing that the U.S. Department of Commerce. In late December,
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Improving Healthcare for Patients & Providers Through AI & Machine Learning

by Nick Magnuson, Head of AI at Qlik 01/12/2024 Leave a Comment

Improving Healthcare for Patients & Providers Through AI & Machine Learning

With many economic hurdles this year including rising costs and inflation, the healthcare industry has had a challenging backdrop in which to operate. In a sector dedicated to improving and saving lives, healthcare has so much to gain by adopting new AI and machine learning (ML) technologies. The World Economic Forum sums up the transformative potential of AI and ML in this setting: from propelling the development of drugs and vaccines to improving medical diagnosis and treatment, it can
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Artisight’s AI-Powered Smart Hospital Platform Soars with $42M

by Fred Pennic 01/11/2024 Leave a Comment

Artisight's AI-Powered Smart Hospital Platform Soars with $42M

What You Should Know: - Artisight, Inc., a pioneer in AI-Driven smart hospital technology, announced today that it has raised $42M in an oversubscribed Series B funding round. - The Series B funding will allow Artisight to double its headcount, fuel the development of new AI capabilities, and solidify its position as the leading smart hospital platform. Smart Hospital Platform: Revolutionizing Care Through AI and Collaboration Developed by clinicians for clinicians, Artisight's
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TruLite Health, Mayo Clinic Partner to Tackle Health Equity with AI-Powered Solution

by Jasmine Pennic 01/11/2024 Leave a Comment

TruLite Health, Mayo Clinic Partner to Tackle Health Equity with AI-Powered Solution

What You Should Know: - TruLite Health, a pioneer in health equity solutions, and Mayo Clinic, a global leader in medical care, today announced a groundbreaking collaboration to address disparities in medical outcomes and costs for diverse patient populations. - This partnership marks a significant step forward in the fight against clinical bias, a pervasive issue that disproportionately impacts the health of Black, Latinx, and other minority communities. Quantifying the Impact of
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Debiopharm and ThinkingNodeLife.ai Partner on AI-Driven Cancer Drug Development

by Jasmine Pennic 01/10/2024 Leave a Comment

Debiopharm and ThinkingNodeLife.ai Partner on AI-Driven Cancer Drug Development

What You Should Know: - Debiopharm, a leading independent biopharmaceutical company, and ThinkingNodeLife.ai (TNL), a pioneer in AI-powered drug discovery, today announced a groundbreaking partnership to propel the development of a cutting-edge cancer drug. - This strategic partnership combines Debiopharm's deep pharmaceutical expertise with TNL's revolutionary AI Digital Cells Lab platform, unlocking new frontiers in cancer treatment innovation. Unlocking the Hidden Potential of a
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Innovaccer Launches AI Assistant to Reduce Clinical Burden

by Jasmine Pennic 01/10/2024 Leave a Comment

Innovaccer Launches AI Assistant to Alleveviate Clinical Burden

What You Should Know: - Innovaccer, a healthcare data platform, unveils Sara Scribe, an AI assistant poised to revolutionize healthcare documentation. - Sara Scribe, also known as InScribe, transcends the limitations of standard dictation software. This innovative tool uses advanced AI to not only transcribe doctor-patient conversations in real-time but also analyze them and deliver actionable insights, streamlining workflows and freeing up valuable clinician time. Beyond Transcription:
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Mayo Clinic, Techcyte Partner to Create AI-Powered Pathology Platform

by Fred Pennic 01/10/2024 Leave a Comment

Mayo Clinic, Techcyte Partner to Create AI-Powered Pathology Platform

What You Should Know: - Mayo Clinic Platformv and Techcyte have joined forces to revolutionize the field of pathology by creating a digital pathology platform. This platform aims to pioneer the next generation of pathology services through an open, AI-driven solution, enhancing treatment, efficiency, and accuracy globally. - By enabling healthcare organizations to economically digitize their pathology practices, the platform integrates innovative technical and AI workflow
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Care Continuity Secures $10M to Turbocharge Patient Navigation

by Jasmine Pennic 01/09/2024 Leave a Comment

Care Continuity Secures $10M to Turbocharge Patient Navigation

What You Should Know: - Care Continuity, a leading provider of data-driven patient navigation solutions, has secured $10M in Series A-3 funding, fueling its mission to streamline healthcare journeys and optimize network utilization. The investment, co-led by Empactful Capital & Viewside Capital Partners with participation from Flat Creek Capital and Loop 289 Limited Partners, empowers Care Continuity to further enhance its platform and reach, impacting both providers and patients across
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Amgen Builds Generative AI Models for Human Data Analysis and Drug Discovery

by Fred Pennic 01/08/2024 Leave a Comment

Amgen Builds Generative AI Models for Human Data Analysis and Drug Discovery

What You Should Know: - Amgen, a global leader in biotechnology, is embarking on a groundbreaking venture: Project Freyja. - The new initiative will harness the power of an NVIDIA DGX SuperPOD, christened after the Norse goddess of prediction, to accelerate drug discovery and development through AI-powered insights from one of the world's largest human datasets. Advance Drug Discovery Using NVIDIA DGX SuperPOD-Powered Insight Human Diversity Atlas: Freyja will map the landscape
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QuantHealth Scores $17M to Supercharge AI-Driven Clinical Trials

by Fred Pennic 01/08/2024 Leave a Comment

QuantHealth

What You Should Know: - In a decisive move towards faster and more efficient drug development, QuantHealth, a leading AI-powered clinical trial design company, has secured a strategic investment of $17M. - The new capital, fueled by Accenture Ventures alongside a prominent CRO and additional investors, bolsters QuantHealth's total Series A funding and propels its mission to revolutionize clinical trials through AI simulations. Saving Millions with 86% Predictive
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