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

Oracle-Backed Cancer Startup Project Ronin Shutters

by Fred Pennic 03/04/2024 Leave a Comment

Oracle-Backed Cancer Startup Project Ronin Shutters

What You Should Know: - Project Ronin, a software startup focused on applying AI to improve cancer care, announced its closure, Bloomberg first reports. - The company, co-founded by Oracle co-founder and chairman Larry Ellison, cited financial difficulties as the primary reason for the shutdown. Project Ronin Background Founded in 2018, Ronin aimed to develop solutions that could rapidly analyze and interpret data within electronic health records systems used by hospitals. 
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ArteraAI’s Prostate Test Earns Recognition in NCCN Guidelines for Prostate Cancer

by Fred Pennic 03/04/2024 Leave a Comment

ArteraAI's Prostate Test Earns Recognition in NCCN Guidelines for Prostate Cancer

What You Should Know: - ArteraAI, a leader in artificial intelligence (AI)-powered cancer tests, today announced a significant achievement – the inclusion of their ArteraAI Prostate Test in the NCCN Clinical Practice Guidelines in Oncology (NCCN Guidelines®) for Prostate Cancer. - This marks a major milestone for ArteraAI, solidifying its position at the forefront of AI-driven oncology and personalized patient care.   A First for AI-powered Testing The ArteraAI Prostate Test is the
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Spectral AI Appoints Peter M. Carlson as CEO

by Executive Digital Health Appointments 03/01/2024 Leave a Comment

Spectral AI Appoints Peter M. Carlson as CEO

What You Should Know: - Spectral AI, Inc. (Nasdaq: MDAI), a leader in AI-powered wound care diagnostics, announced key leadership changes and positive financial outlooks today. - Peter M. Carlson assumes the role of Chief Executive Officer (CEO) and joins the Board of Directors. Mr. Carlson boasts a proven track record of driving growth and financial success for multiple public companies, including experience in the wound care industry. - Wensheng Fan, after nearly four years as CEO,
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Elsevier Health Launches Generative AI Clinical Decision Support Tool

by Jasmine Pennic 03/01/2024 Leave a Comment

Elsevier Health Launches AI-Powered Clinical Decision Support Tool

What You Should Know: - Elsevier Health, a global leader in medical information and data analytics,  announced the  launch of ClinicalKey AI, the first and most advanced clinical decision support tool in the US to leverage generative artificial intelligence (AI). - Elsevier Health partnered with OpenEvidence, a leader in AI for medicine,  on developing ClinicalKey AI. Additionally, Cone Health and the University of New Mexico provided valuable insights during the development
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Hippocratic AI Launches Beta Testing of First Generative AI for Healthcare

by Fred Pennic 02/29/2024 Leave a Comment

Hippocratic AI Launches Early Access Partnership Program with Providers to Shape the Future of AI-Powered Patient Care


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Azalea Health Unveils AI Strategy to Transform Healthcare Workflows

by Jasmine Pennic 02/29/2024 Leave a Comment

Azalea Health Acquires EHR/PM Provider LeonardoMD to Expand Footprint

What You Should Know: - Azalea Health, a provider of cloud-based healthcare IT solutions and services, today announced its innovative approach to leveraging artificial intelligence (AI) to revolutionize healthcare workflows. - The AI strategy focuses on enhancing efficiency, accuracy, and personalization while prioritizing patient privacy and data security. Azalea's AI Strategy Azalea's AI strategy is designed to address specific pain points and improve workflows for healthcare
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Absci Announces $75M Public Offering to Fuel AI Drug Creation

by Fred Pennic 02/28/2024 Leave a Comment

Absci Announces $75M Public Offering to Fuel AI Drug Creation

What You Should Know: - Absci Corporation (Nasdaq: ABSI), a company utilizing generative AI for drug discovery, announced today an initial public offering (IPO) of $75 million in common stock. - This IPO aims to support the advancement of Absci's internal drug development programs, further investment in their Integrated Drug Creation™ platform, and general corporate purposes. Offering Details Absci intends to offer $75M of common stock, with an option to sell an additional $11.25M
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Belong.Life Launches Conversational AI Cancer Mentor

by Syed Hamza Sohail 02/28/2024 Leave a Comment

Belong.Life Launches Conversational AI Cancer Mentor

What You Should Know: Belong.Life, a leading global provider of AI-powered patient education and support solutions, has unveiled the BelongAI Dave - Cancer Mentor app to bring the most advanced and comprehensive cancer support technology to patients and caregivers around the world.The new solution marks a significant step forward in personalized cancer support, by providing patients with a proactive and comprehensive conversational-AI solution for managing their journey
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Integrating AI Co-Pilots: A New Era of Intelligent Healthcare Management

by Akshay Sharma, Chief AI Officer, Lyric 02/28/2024 Leave a Comment

Integrating AI Co-Pilots: A New Era of Intelligent Healthcare Management

The integration of AI into healthcare workflows presents a tremendous opportunity for transformation –– and for new levels of productivity in a time when administrative functions surrounding claims adjudication, provider reimbursement, and related functions are complicating operations and affecting efficiency. AI Co-Pilots offer an innovative approach to addressing these issues by driving efficiency, accuracy, and value in payment integrity. The payment Integrity sector, crucial for ensuring
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DeepScribe and AWS Partner to Advance AI-Powered Medical Documentation

by Jasmine Pennic 02/26/2024 Leave a Comment

DeepScribe and AWS Partner to Advance AI-Powered Medical Documentation

What You Should Know: - DeepScribe, a pioneer in AI-powered medical documentation, today announced a collaboration with Amazon Web Services (AWS) aimed at accelerating the secure scaling of large language models (LLMs) within the healthcare sector. - The strategic partnership will integrate AWS HealthScribe into DeepScribe's platform, fueling the development of even more advanced AI-assisted clinical documentation solutions. Scale Generative AI in Healthcare DeepScribe utilizes a
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