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

JP Morgan Healthcare 2024: 8 Hot Takes & Insights from Health Tech & Biotech CEOs

by JP Morgan 2024 Executive Hot Takes & Insights 01/19/2024 Leave a Comment

JPM 2024: 8 Hot Takes & Insights from Leading Health Tech & Biotech CEOs

8 digital health and life sciences executives share their hot takes and insights from the recent annual JPM Healthcare Conference 2024 Virgil Bretz, co-founder and CEO of MacroHealth “The annual JP Morgan Healthcare Conference is still one of the most efficient ways to meet with capital partners. Other conferences are increasingly attracting the investment community, such as HLTH, but none are as concentrated as JP Morgan. This conference is unusual in that meetings for small and middle
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Shifting the Paradigm: Data-Driven Product Development and the AI-Driven Standard of Care

by Tommy Carls, VP of Product Development & Marketing at Proprio 01/19/2024 Leave a Comment

Shifting the Paradigm: Data-Driven Product Development and the AI-Driven Standard of Care

Over the past decade, product development has undergone a transformative shift, driven by the integration of AI, machine learning, and data-driven approaches. Traditional methods that relied on user stories, prototype testing and customer research offered limited control over product development outcomes, often leaving success to multiple iterations of feasibility, testing and field assessment. However, with the advent of advanced technologies and data analysis, product development has become
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MEMIC Taps CLARA Analytics for AI-Powered Claims Management

by Fred Pennic 01/18/2024 Leave a Comment

MEMIC Taps CLARA Analytics for AI-Powered Claims Management

What You Should Know: - Maine Employers’ Mutual Insurance Company (MEMIC), a leader in workers’ compensation insurance, is harnessing the power of artificial intelligence (AI) to revolutionize claims management. - MEMIC announced its partnership with CLARA Analytics, a provider of AI solutions for the insurance industry, to implement CLARA Optics, a cutting-edge platform that promises to streamline workflows, improve medical outcomes, and empower adjusters and nurse case managers
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Fathom’s AI Coding Solution Lands on Google Cloud Marketplace, Supercharging Healthcare Revenue Cycle

by Jasmine Pennic 01/17/2024 Leave a Comment

Fathom's AI Coding Solution Lands on Google Cloud Marketplace, Supercharging Healthcare Revenue Cycle

What You Should Know: - Fathom, the leader in AI-powered medical coding automation, has announced its groundbreaking solution will be available on Google Cloud Marketplace starting in Q1 2024. - This strategic partnership brings together two industry giants, offering healthcare organizations a powerful one-stop shop for streamlining revenue cycle management and claiming the benefits of cutting-edge technology. Fathom: Automating the Revenue Cycle: The healthcare industry faces a
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AI in Healthcare: Top Use Cases and Key Implementation Strategies for 2024

by Heather Randall, Ph.D., Chief Compliance Officer, TrustCommerce, a Sphere Company 01/17/2024 Leave a Comment

AI in Healthcare: Top Use Cases and Key Implementation Strategies for 2024

Artificial intelligence (AI) is earning recognition for its potential benefits to the healthcare sector at large, from its ability to improve care and increase efficiency, to its ability to lower costs throughout the industry. For example, applications of AI include detecting distress in hospital workers' conversations, improving providers’ revenue cycle operations, transforming healthcare supply chains – and mitigating existing racial biases in medicine.  Much of the attention surrounding
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Rad AI and Google Join Forces to Revolutionize Radiology Reporting with AI

by Fred Pennic 01/16/2024 Leave a Comment

Rad AI and Google Join Forces to Revolutionize Radiology Reporting with AI

What You Should Know: - Rad AI, an AI startup revolutionizing radiology reporting is teaming up with Google to tackle radiologists' workload and elevate patient care. - The strategic alliance leverages Google Cloud's AI prowess and Rad AI's deep radiology expertise to streamline workflows, reduce burnout, and ultimately, improve patient outcomes. Imaging Overload, AI to the Rescue Medical imaging forms the backbone of diagnosis, with billions of exams conducted globally each year.
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Lunit and Samsung Integrate to Power AI-Powered Chest Screenings

by Fred Pennic 01/16/2024 Leave a Comment

Lunit and Samsung Integrate to Power AI-Powered Chest Screenings

What You Should Know: - Lunit, an innovator in AI-powered cancer diagnostics, and Samsung Electronics (Samsung Healthcare) have announced a groundbreaking three-year supply contract. - The strategic partnership integrates Lunit's cutting-edge AI technology into Samsung's premium X-ray devices, promising faster, more accurate diagnoses and ultimately, improved patient outcomes. Boosting Accuracy and Speed The agreement centers around two AI-powered chest screening solutions: Lunit
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Transforming Healthcare Through Ethical AI: Enhancing Trustworthiness, Privacy, and Compliance

by David Ting, founder/CTO at Tausight 01/16/2024 Leave a Comment

Transforming Healthcare Through Ethical AI: Enhancing Trustworthiness, Privacy, and Compliance

In November, President Biden signed a new Executive Order – titled “Safe, Secure, and Trustworthy Artificial Intelligence” – that promises to introduce new national AI regulations that focus on safety and responsibility in the use of this revolutionary new technology. Fast on the heels of this high-profile EO, the Biden Administration has already started the process of writing actual standards for the safe use of generative AI by announcing that the U.S. Department of Commerce. In late December,
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Improving Healthcare for Patients & Providers Through AI & Machine Learning

by Nick Magnuson, Head of AI at Qlik 01/12/2024 Leave a Comment

Improving Healthcare for Patients & Providers Through AI & Machine Learning

With many economic hurdles this year including rising costs and inflation, the healthcare industry has had a challenging backdrop in which to operate. In a sector dedicated to improving and saving lives, healthcare has so much to gain by adopting new AI and machine learning (ML) technologies. The World Economic Forum sums up the transformative potential of AI and ML in this setting: from propelling the development of drugs and vaccines to improving medical diagnosis and treatment, it can
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Artisight’s AI-Powered Smart Hospital Platform Soars with $42M

by Fred Pennic 01/11/2024 Leave a Comment

Artisight's AI-Powered Smart Hospital Platform Soars with $42M

What You Should Know: - Artisight, Inc., a pioneer in AI-Driven smart hospital technology, announced today that it has raised $42M in an oversubscribed Series B funding round. - The Series B funding will allow Artisight to double its headcount, fuel the development of new AI capabilities, and solidify its position as the leading smart hospital platform. Smart Hospital Platform: Revolutionizing Care Through AI and Collaboration Developed by clinicians for clinicians, Artisight's
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