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

Vital Secures $24.7M for AI-Driven Solutions for Hospitals, Health Systems

by Fred Pennic 03/23/2023 Leave a Comment

Vital Secures $24.7M for AI-Driven Solutions for Hospitals, Health Systems

What You Should Know: - Vital, an artificial intelligence (AI)-driven digital health company improving the patient experience, today announced that it has raised $24.7M in Series B funding to fuel expansion and support the rapid growth of its modern software. The investment round led by Transformation Capital, with support from Threshold Ventures, strategic health system investors and Vital CEO / Mint.com creator Aaron Patzer, brings Vital’s total funding to over
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Ribbon Health Enables Access to Provider Appointment Booking, Eliminating Barriers to Care

by Jasmine Pennic 03/23/2023 Leave a Comment

Ribbon Health Enables Access to Provider Appointment Booking, Eliminating Barriers to Care

What You Should Know: - Ribbon Health (Ribbon), a leader in healthcare provider data technology and management launches new platform features that will increase access to care through provider scheduling. - Enabled by partnerships with leading booking marketplaces, these new platform capabilities empower patients to easily search for providers that both fit their needs and are accepting new patients, and book appointments with those providers for high-quality care across primary,
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Artera Launches with $90M for Multimodal AI, Predictive Cancer Tests

by Syed Hamza Sohail 03/21/2023 Leave a Comment

Artera Launches with $90M for Multimodal AI, Predictive Cancer Tests

What You Should Know: - Artera, the developer of multimodal artificial intelligence-based predictive and prognostic cancer tests, launches publicly today with $90M in funding. - The investment comes from a syndicate of prominent tech and healthcare investors, comprised of seven institutions (Coatue, Johnson & Johnson, Koch Disruptive Technologies, Walden Catalyst Ventures, TIME Ventures, Breyer Capital, The Factory) and 11 angel investors (Marc Benioff, Jim Breyer, Lip-Bu Tan, Chris
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Healthcare in Denial: The State of Claims in 2023

by Clarissa Riggins, Chief Product Officer, Experian Health 03/21/2023 Leave a Comment

Healthcare in Denial: The State of Claims in 2023

How do you solve a persistent and growing problem like claims denials? It’s been a hot topic for revenue cycle management professionals for years that’s only getting hotter with the increasing pressures of staffing shortages, challenges with staff turnover and training and ever-changing policies and protocols at the government and payer levels.  On the macro-economic level, denials contribute mightily to the growing problem of uncompensated care in America, currently estimated at $43
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NVIDIA Unveils Generative AI Service to Advance Life Sciences R&D

by Fred Pennic 03/21/2023 Leave a Comment

NVIDIA Unveils Generative AI Service to Advance Life Sciences R&D

What You Should Know: - NVIDIA today announced an expanded set of generative AI cloud services for customizing AI foundation models to accelerate the creation of new proteins and therapeutics, as well as research in the fields of genomics, chemistry, biology and molecular dynamics. - Part of NVIDIA AI Foundations, the new BioNeMo™ Cloud service offering — for both AI model training and inference — accelerates the most time-consuming and costly stages of drug discovery. It
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Nuance and Microsoft Launches AI-Automated Clinical Documentation App

by Fred Pennic 03/20/2023 Leave a Comment

Nuance and Microsoft Launches AI-Automated Clinical Documentation App

What You Should Know: - Nuance Communications and Microsoft launches DAX Express, a workflow-integrated, fully automated clinical documentation application and the first to combine proven conversational and ambient AI with the newest and most capable generative AI technology, GPT4. - DAX Express creates draft clinical notes automatically and securely in seconds from exam room or telehealth patient conversations for immediate clinical review after each
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Accelerating Clinical Trials Through AI-Enabled Precision Oncology

by Marie E. Lamont, Global RWE Data Strategy, Access & Enablement at IQVIA and General Manager 03/17/2023 Leave a Comment

Accelerating Clinical Trials Through AI-Enabled Precision Oncology

The American Cancer Society’s Cancer Statistics 2023 report highlighted a few major accomplishments within oncology, such as decreased cancer mortality rates and increased trial diversity. However, there is still much work to be done. Especially with the multiple types of new and ongoing challenges clinicians and staff members are facing - such as high turnover rates, decreased budgets and increased feelings of burnout - taking the necessary steps to enhance clinical trial procedures is crucial
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New Medical Billing Codes You Should Know About

by Jim Collins, President of Medcare MSO 03/16/2023 Leave a Comment

Physicians need to keep their billing and coding right to ensure seamless reimbursements from payers. Similarly, they should stay updated with the latest coding changes to keep their revenue cycle intact. In addition, running a successful medical practice is a daunting task as the providers need to stay updated with the industry guidelines. The year 2023 is bringing changes in medical codes to help providers reduce their burden and streamline patient care. So, providers need to stay focused on
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TytoCare Receives FDA Clearance for AI-Powered Tyto Insights for Wheeze Detection

by Syed Hamza Sohail 03/15/2023 Leave a Comment

TytoCare and Overlake Partner to Expand Virtual Care Offerings

- TytoCare, a virtual care company enabling accessible, high-quality primary care from home, today announced that it received FDA clearance for its Tyto Insights for Wheeze Detection, paving the way for its rollout in the US. - The wheeze detection algorithm expands the company’s existing AI-powered Tyto Insights™ smart diagnostic capabilities, filling the quality gaps currently experienced with traditional telehealth and alleviating challenges imposed by the ongoing shortage of healthcare
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Opioid Settlements are Making Headlines; Is Now The Time to Soften Guidelines?

by Jeremy Bloom, CEO, NorthSight Recovery 03/15/2023 Leave a Comment

Opioid Settlements are Making Headlines; Is Now The Time to Soften Guidelines?

The United States only represents five percent of the world’s population; however, Americans consume 80 percent of the world’s opioids.1 The U.S. is the world’s leader in the use of opioid medications to cope with physical and emotional difficulties. And the recent Walgreens and Wal-Mart multi-state opioid settlement agreement disclosures have only hammered home the point. America continues to have an opioid addiction problem.  In light of all these circumstances, the recent CDC
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