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

Abridge Secures $150M to Expand GenAI, Partners with Yale New Haven Health System

by Fred Pennic 02/23/2024 Leave a Comment

Abridge Secures $150M to Expand GenAI, Partners with Yale New Haven Health System

What You Should Know: - Abridge, the leading force in generative AI for clinical documentation, announced today a staggering $150 million Series C funding round led by Lightspeed Venture Partners. The funding also includes participation from new and existing investors like Redpoint Ventures, IVP, Spark Capital, Union Square Ventures, Bessemer Venture Partners, Wittington Ventures, Mass General Brigham Artificial Intelligence and Digital Innovation Fund (AIDIF), Kaiser Permanente Ventures, and
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Sentara Health Taps RhythmX AI to Deploy Generative AI-Driven Co-Pilot for Clinicians

by Syed Hamza Sohail 02/22/2024 Leave a Comment

Sentara Health Taps RhythmX AI to Deploy Generative AI-Driven Co-Pilot for Clinicians

What You Should Know: RhythmX AI, a generative AI-native company driving revolutionary physician intelligence for whole-person care through cutting edge predictive and generative AI, announced a strategic partnership with Virginia-based Sentara Health, one of the top 20 largest not-for-profit integrated health care delivery systems in the country. Together, RhythmX AI and Sentara are building the next generation of hyper-personalized primary care for clinicians and
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93% of Physicians Feeling Burned Out, Overburdened, and Hopeful for AI Solutions

by Jasmine Pennic 02/22/2024 Leave a Comment

athenahealth Physician Burnout

What You Should Know: - 93% of physicians are experiencing regular burnout, spending an average of 15 extra hours per work outside normal hours, according to athenahealth’s latest Nationwide Physician Sentiment Survey. - The athenahealth Physician Sentiment Survey provides valuable insights into the current state of American healthcare. Addressing the challenges highlighted in the survey is crucial to ensuring the well-being of both doctors and patients, while harnessing the potential of
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Fabric Raises $60M to Automate Healthcare with AI-powered Care Enablement System

by Fred Pennic 02/21/2024 Leave a Comment

Fabric Raises $60M to Automate Healthcare with AI-powered Care Enablement System

What You Should Know: - Fabric, a leading care enablement platform developer, announced today a $60 million Series A funding round led by General Catalyst, with continued participation from Thrive Capital, GV (Google Ventures), and other notable investors. - The funding will be used to fuel Fabric's mission to humanize healthcare by automating administrative and clinical tasks, empowering both patients and clinicians. Addressing Crisis-Level Clinician Burnout With provider burnout at
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UnityAI Secures $4M for AI-Powered Patient Flow Optimization

by Fred Pennic 02/21/2024 Leave a Comment

UnityAI Secures $4M for AI-Powered Patient Flow Optimization

What You Should Know: - UnityAI, a healthcare technology startup, announced today the successful closure of its seed funding round, raising $4M led by Max Ventures, with participation from Whistler Capital Partners, Nashville Capital Network, Company Ventures, and individual healthcare angels.  - The funding fuels the company's mission to transform hospital operations through AI-powered patient flow optimization. Founded by Healthcare Experts, Focused on Patient Care UnityAI is
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Maverick AI and ImagineSoftware Partner to Automate Medical Coding with Gen AI

by Jasmine Pennic 02/20/2024 Leave a Comment

Maverick AI and ImagineSoftware Partner to Automate Medical Coding with Gen AI

What You Should Know: - Maverick Medical AI ("Maverick"), a provider of an autonomous AI-powered medical coding platform, today announced a strategic partnership with ImagineSoftware, a provider of revenue cycle management (RCM) technology in the United States. - The strategic partnership aims to automate the coding process, maximize revenue recovery, and optimize workflows for healthcare providers nationwide. The Challenge: Manual Coding in a Digital Age The healthcare industry
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Authenticx Unveils Generative AI Solution for Customer Insights

by Jasmine Pennic 02/20/2024 Leave a Comment

Authenticx Unveils Generative AI Solution for Customer Insights

What You Should Know: - Authenticx, the leading platform for analyzing healthcare customer conversations, has unveiled a groundbreaking generative AI (GenAI) solution. - By leveraging Authenticx’s GenAI solution, healthcare organizations can gain a deeper understanding of their patients' needs, improve communication, and ultimately deliver a more positive and effective experience. Harnessing the Power of Customer Conversations Authenticx's AI platform already excels at structuring,
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Siftwell Analytics Secures $5.8M for AI-Powered Community Health Plan Analytics

by Fred Pennic 02/20/2024 Leave a Comment

Siftwell Analytics Secures $5.8M for AI-Powered Community Health Plan Analytics

What You Should Know: - Siftwell Analytics, a healthcare technology company founded by industry veterans, announced today the successful closing of its seed funding round totaling $5.8M. - This significant investment, led by AlleyCorp, Arkin Digital Health, Tau Ventures, and The Charlotte Fund, underscores the growing demand for Siftwell's innovative approach to population health management. Empowering Community-Oriented Organizations with Explainable AI Co-founded in 2022 by Trey
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Anatomy Launches AI-Powered Financial Automation for Healthcare Orgs

by Syed Hamza Sohail 02/16/2024 Leave a Comment

Anatomy Launches AI-Powered Financial Automation for Healthcare Orgs

What You Should Know: Anatomy Financial announces the launch of their AI-powered financial automation solutions for medical, dental, digital health, and healthcare billing companies.Anatomy has raised $7.6M in funding to build a financial operating system for healthcare from Lightspeed, Meridian Street Capital, Live Oak Ventures, Cambrian Ventures, Peterson Ventures, and angel investors with expertise across healthcare and fintech. Streamlining Healthcare Finance: Anatomy's Automated
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CitiusTech Launches Generative AI Quality & Trust Solution

by Jasmine Pennic 02/16/2024 Leave a Comment

Bain Capital PE Makes Strategic Investment in CitiusTech

What You Should Know: - CitiusTech, a healthcare technology provider, has unveiled a groundbreaking solution to address the reliability, quality, and trust concerns surrounding Generative AI (Gen AI) in healthcare. - This industry-first offering aims to empower healthcare organizations to confidently adopt and scale Gen AI applications, unlocking their transformative potential. Gen AI Quality & Trust Solution Over 80% of Gen AI projects face delays due to lack of trust in their
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