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

Phare Health Secures $3.1M for AI-Powered Hospital Financial Management

by Fred Pennic 11/28/2023 Leave a Comment

Phare Health

What You Should Know: - Phare Health, a London-based startup, has secured $3.1M million in seed funding led by General Catalyst to transform hospital financial management in the UK and Europe. - The company's AI-powered solution bridges the gap between clinicians' notes and hospital management, enabling better resource allocation and improved patient care. Harnessing AI for Healthcare Efficiency Phare Health's groundbreaking AI system extracts valuable insights from clinicians'
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RSNA23: Mass General Brigham and Annalise.ai Collaborate to Develop AI-Enabled Diagnostic Products

by Fred Pennic 11/27/2023 Leave a Comment

Mass General Brigham and Annalise.ai Collaborate to Develop AI-Enabled Diagnostic Products

What You Should Know: - Mass General Brigham, a healthcare provider, and Annalise.ai, a global medical imaging AI company, today announced a strategic collaboration to develop and implement AI-enabled diagnostic products. - This strategic partnership aims to leverage the complementary expertise and capabilities of both organizations to bring innovative AI solutions to the healthcare industry.RSNA News from GE HealthCare Announces SIGNA Champion & presence at RSNA23. Core Pillars of
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RSNA23: Philips Expands Enterprise Imaging Portfolio with AI-Powered Solutions

by Jasmine Pennic 11/27/2023 Leave a Comment

RSNA23: Philips Expands Enterprise Imaging Portfolio with AI-Powered Solutions

What You Should Know: - Philips, a global provider of health technology, announced the expansion of its enterprise imaging portfolio and AI-enabled solutions at the annual meeting of the Radiological Society of North America (RSNA). - Philips HealthSuite Imaging is a next-generation cloud-based PACS designed to help radiologists and clinicians adopt new capabilities faster, improve operational efficiency, and enhance patient care. Key Highlights of Philips HealthSuite
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Guarding Patient Privacy in the Age of AI Healthcare

by Kevin Kirkwood, Deputy CISO, LogRhythm 11/27/2023 Leave a Comment

Guarding Patient Privacy in the Age of AI Healthcare

2022 research from Morning Consult reveals that the healthcare field in particular has witnessed substantial enhancements in medical diagnoses, mental health evaluations, and the expeditious discovery of treatment options following the implementation of artificial intelligence (AI). In fact, 59% of U.S. healthcare executives believe that AI is effective at improving clinical outcomes.    While AI has proven valuable in the industry, its application in healthcare carries
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RadNet Embraces AI-Powered Medical Coding with Maverick Medical AI Partnership

by Jasmine Pennic 11/27/2023 Leave a Comment

RadNet Embraces AI-Powered Medical Coding with Maverick Medical AI Partnership

What You Should Know: - Maverick Medical AI, a provider of an innovative and autonomous AI-powered medical coding platform forms a strategic partnership with RadNet, Inc., a national provider of free-standing, fixed-site radiology diagnostic imaging services in the United States. - This groundbreaking partnership will integrate Maverick's Autonomous Medical Coding platform into RadNet's extensive network of imaging centers, paving the way for significant advancements in revenue cycle
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HOPPR Launches Foundation AI Model for Medical Imaging

by Fred Pennic 11/27/2023 Leave a Comment

HOPPR Launches Foundation AI Model for Medical Imaging

What You Should Know: - HOPPR, a company developing artificial intelligence (AI) solutions for medical imaging, has announced the launch of Grace, a multimodal foundation model that enables image-to-image and text-to-image learning across all medical imaging modalities. - Grace is available via private beta to developers, radiology PACS, and AI companies for fine-tuning and application development. Key Benefits of Grace - Unlocks diagnostic, clinical, and operational value from
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Flywheel’s AI Platform Takes Flight with Microsoft Azure and NVIDIA

by Fred Pennic 11/27/2023 Leave a Comment

Flywheel's AI Platform Takes Flight with Microsoft Azure and NVIDIA

What You Should Know: Flywheel, a medical imaging artificial intelligence (AI) development platform, today announced the launch of its software-as-a-service (SaaS) data management solution on Microsoft Azure. This new SaaS offering will provide healthcare organizations with a secure, scalable, and user-friendly platform to manage, curate, and analyze their medical imaging data. Flywheel's SaaS solution is integrated with NVIDIA MONAI, part of the NVIDIA AI Enterprise software platform,
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Genentech, NVIDIA Partner to Revolutionize Drug Discovery with AI

by Fred Pennic 11/21/2023 Leave a Comment

Genentech, NVIDIA Partner to Revolutionize Drug Discovery with AI

What You Should Know: - Genentech and NVIDIA today announced a multi-year strategic research collaboration that couples Genentech’s artificial intelligence (AI) capabilities, extensive biological and molecular datasets, and research expertise with NVIDIA’s world-leading accelerated computing capabilities and AI to speed up drug discovery and development. - The collaboration is designed to significantly enhance Genentech’s advanced AI research programs by transforming its generative AI
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GE and CodaMetrix Partner to Bolster AI-Powered Automated Coding for Providers

by Fred Pennic 11/21/2023 Leave a Comment

GE and CodaMetrix Partner to Streamline Medical Coding with AI-Powered Automation

What You Should Know: - CodaMetrix has partnered with GE HealthCare to bring its AI-powered automated coding solution, CMX Automate, to GE HealthCare customers. - This will enable GE HealthCare customers to benefit from CMX Automate's ability to improve coding accuracy, efficiency, and revenue cycle management. CMX Automate is a cloud-based solution that uses machine learning, deep learning, and natural language processing to translate clinical notes into billing and diagnostic codes.
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5 Egregious Virtual Assistant Fails and How to Overcome Them

by Patty Riskind, CEO of Orbita 11/21/2023 Leave a Comment

Today’s Digital Virtual Assistants Overcome “Bad ‘Bot” Perceptions

Three phenomena conspire to drive healthcare organizations towards digitization: 1) patient demand for the same online experience as other consumer sites (e.g., Amazon, Open Table); 2) manual processes contributing to overextended staff made worse by labor shortfalls; and 3) unrelenting need to control costs, optimize revenue and streamline workflows. But one primary barrier stands in the way: the historically poor performance of chatbots. Let’s face it. Every single one of us has found
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