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

Fathom Secures $46M for AI Medical Coding Automation Platform

by Fred Pennic 11/09/2022 Leave a Comment

Fathom Receives Strategic Investment for Medical Coding Automation Platform

What You Should Know: - Fathom, an AI-powered medical coding automation platform raises $46M in Series B funding co-led by Alkeon Capital and Lightspeed Venture Partners with participation from Vituity’s Inflect Health, Cedars-Sinai, ApolloMD, Jonathan Bush, and other healthcare executives. - The company plans to use the funding to advance the standard in automated medical coding in response to critical challenges facing providers. The Series B round brings Fathom’s total funding to
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3 Questions Healthcare IT Leaders Should Ask Before Implementing AI in Their Operations

by Varun Ganapathi, Ph.D., CTO and co-founder at AKASA 11/09/2022 Leave a Comment

3 Questions Healthcare IT Leaders Should Ask Before Implementing AI in Their Operations

Artificial intelligence (AI) and automation are no longer nice-to-have technologies for healthcare providers. They are mission-critical tools for addressing significant challenges many health systems and hospitals face today — from volatile patient volumes to ballooning labor costs and staffing shortages to low operating margins. Many of these challenges are macro-level economic trends that will continue to prevail for the foreseeable future.  According to research from Kaufman Hall,
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Overcoming the Healthcare Staffing Shortage Through Back-Office Automation

by Kimberly Hartsfield, EVP of Growth Enablement at VisiQuate 11/08/2022 Leave a Comment

Overcoming the Healthcare Staffing Shortage Through Back-Office Automation

Today’s healthcare staffing shortage, fueled by the COVID-19 pandemic but years in the making, has left many hospitals and health systems scrambling.  To date, the shortage of front-line healthcare workers has received most of the attention, and for good reason: By 2025, the U.S. is likely to face a shortage of 446,300 home health aides; 95,000 nursing assistants; and 29,400 nurse practitioners, according to a report from consulting firm Mercer.  However, what is less appreciated
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AI ‘s Role in Drug Discovery: Separating the Hype from the Hope

by Jonathan Montague, President & CEO at HotSpot Therapeutics 11/03/2022 Leave a Comment

Jonathan Montague, President & CEO at HotSpot Therapeutics

Forecasting the influence that artificial intelligence (AI)/machine learning technologies will have on the future of healthcare has created a cottage industry in the hype. From the overzealous aspirations of IBM’s Watson Health initiative to the inclusion of AI on Gartner’s 2021 Hype Cycle at the “Peak of Inflated Expectations,” so much noise has been made around AI/machine learning in healthcare that it can be difficult to appreciate the current impact of these technologies on drug discovery,
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Numares Health & Mayo Clinic Expands AI-Enabled Diagnostic Testing Collaboration

by Fred Pennic 11/03/2022 Leave a Comment

Numares Health & Mayo Clinic Expands AI-Enabled Diagnostic Testing Collaboration

What You Should Know: - Mayo Clinic and Numares Health have expanded their collaboration recently to develop AI-enabled diagnostic testing that is more accurate and reliable than current U.S. tests for patients with chronic diseases, including kidney, cardiovascular, liver and neurologic conditions. - The expanded collaboration builds on Mayo Clinic's clinical research support for Numares Health to include an innovative convertible equity investment. AI-Enabled
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Diagnosis: EHR Avoidance Syndrome

by David Lareau, CEO of Medicomp Systems 11/03/2022 Leave a Comment

Diagnosis: EHR Avoidance Syndrome

If you’ve read the healthcare IT trade press recently, you’ve no doubt seen stories about the clinical usability of EHRs and how it can be improved. When you look at the issue closely there are, ultimately, two approaches to “breaking the usability barrier” of these systems: 1. Provide EHR users with instant access to relevant clinical information for any condition a patient presents. This information should be connected to clinically responsive workflows that mirror the way physicians and
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Carta Healthcare Secures $20M for AI-Enabled Clinical Data Solutions

by Jasmine Pennic 11/02/2022 Leave a Comment

Carta Healthcare Secures $20M for AI-Enabled Clinical Data Solutions

What You Should Know: - Carta Healthcare, a pioneer in harnessing the power of clinical data, today announced it closed a $20 million series B round led by South Korean firm Paramark Ventures. Other contributors to the round include Memorial Care Innovation Fund (MCIF) and Frist Cressey Ventures, led by heart surgeon, incoming chair of The Nature Conservancy’s Board of Directors and former U.S. Senate Majority Leader Bill Frist.- Carta will use the
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Research: Proscia AI Predicts Diagnostic Agreement for Melanoma

by Syed Hamza Sohail 11/02/2022 Leave a Comment

JPC Taps Proscia to Modernize World's Largest Human Tissue Repository

What You Should Know: - Proscia® a provider of digital and computational pathology solutions, has released study results on new artificial intelligence (AI) that predicts diagnostic agreement for melanoma, the deadliest form of skin cancer. - The findings, which were presented at the European Conference on Computer Vision (ECCV) 2022, highlight the potential of the technology to improve diagnostic accuracy for melanoma and other diseases with low pathologist concordance. Findings
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Nuvance Health Launches Cognitive Care-At-Home Program

by Jasmine Pennic 10/31/2022 Leave a Comment

Nuvance Health Launches Cognitive Care-At-Home Program

What You Should Know: - Nuvance Health, a system of nonprofit hospitals and outpatient healthcare services throughout the Hudson Valley and western Connecticut launches a pilot that provides brain-stimulating activities such as gamification and a way to upload family photos and videos for “reminiscence” therapy. - The platform, Neuroglee Connect uses artificial intelligence to track which activities help each individual the most to target the most effective treatment possible.
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Sutter Health & Ada Integrate to Deliver AI Support for Mental Health

by Jasmine Pennic 10/27/2022 Leave a Comment

Sutter Health & Ada Integrate to Deliver AI Support for Mental Health

What You Should Know: - Sutter Health extends its partnership to global digital health company Ada - creators of the world’s most popular symptom assessment app to integrate digital triage into the mental health service, Scout by Sutter Health™ to help deliver AI-powered mental health support to young people. - As many as half of all mental disorders begin by age 14. However, mental health concerns in
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