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

Element5 Secures $30M to Expand Automation for Post-Acute Care

by Fred Pennic 05/03/2022 Leave a Comment

Element5 Secures $30M to Expand Automation for Post-Acute Care

What You Should Know: - Element5, the world’s first Automation-as-a-Service solution purpose-built for post-acute care, today announced that it has raised $30 million in a Series B funding round led by Insight Partners.  With the closing of the Series B funding round, Element5 has raised $48.5M in total capital to date.  - This investment will strengthen Element5’s position and enable the company to continue the disruption of the health care industry’s $400B post-acute
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Hello Heart Raises $70M to Expand Heart Health Solutions

by Fred Pennic 05/02/2022 Leave a Comment

Hello Heart Raises $70M to Expand Heart Health Solutions

What You Should Know: - Hello Heart, the only digital therapeutics company focused exclusively on heart disease, announced a $70M Series D funding round led by Stripes to support its rapid growth in the employer market  - The funding round will specifically support the increase in employer market demand for Hello Heart’s technology as a focus on heart health sharpens. The company has experienced massive growth in the employer market, doubling the number of clients in the last three
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Imagene Raises $21.5M to Expand Image-Based Biomarker Detection for Precision Medicine

by Fred Pennic 05/02/2022 Leave a Comment

Imagene Raises $21.5M to Expand Image-Based Biomarker Detection for Precision Medicine

What You Should Know: - Imagene AI, an emerging leader in the field of AI-based precision medicine for cancer, today announced it raised $21.5 million, comprising $3M in seed funding led by Blumberg Capital and an $18.5M Series A round led by renowned technology-driven cancer medicine investors Larry Ellison, Dr. David Agus, and AI imaging space pioneer Eyal Gura. - The use of AI-based molecular testing in cancer diagnostics is revolutionizing patient care by offering a new level of
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Inspire Medical Systems Invests in AI Startup EnsoData

by Fred Pennic 04/29/2022 Leave a Comment

Inspire Medical Systems Invests in AI Startup EnsoData

What You Should Know: - Inspire Medical Systems has announced its investment in EnsoData, an artificial intelligence (AI) healthcare company helping clinicians uncover disease while patients sleep.  - EnsoData’s technology helps address some of the most intractable problems in healthcare: access and affordability for patients and clinician burnout. By letting doctors and other clinicians use powerful AI to automatically analyze and diagnose diseases while a patient sleeps, EnsoData
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3 Keys to Eliminating Data Breakdowns in Life Sciences

by Sudish Mogul, Chief Technology Officer of Healthcare Triangle. 04/28/2022 Leave a Comment

3-Keys-to-Eliminating-Data-Breakdowns-in-Life-Sciences

Across life sciences, experts boldly predict that data is the new currency—and that mobilizing data from clinical trials, wearable devices and even social media will ignite innovation in 2022. But leveraging data for innovation depends not just on data analytics, but also access to the right data and timely analysis.  As the amount of data that life sciences experts have at their fingertips explodes, with leaders tapping into real-world evidence from smartphone apps, wearable devices and
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Former OptumRx CEO Launches Waltz Health with $33M to Lower Drug Costs

by Digital Health Funding 04/26/2022 Leave a Comment

Former OptumRx CEO Launches with $33M to Low Drug Costs

What You Should Know: - Mark Thierer -- the former CEO of OptumRx who took that role after selling Catamaran to UnitedHealth Group for $13B, today announced the launch of Waltz Health with $35.4M led by GV (Google Ventures) including participation from Define Ventures, Echo Health Ventures, Blue Venture Fund, Byers Capital, and Twine Ventures. Other funding came from a prestigious list of seasoned healthcare executives. - Waltz Health plans to
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DiA Imaging Analysis Partners with Intel to Improve Ultrasound Analysis by 40%

by Fred Pennic 04/26/2022 Leave a Comment

DiA Imaging Analysis Partners with Intel to Improve Ultrasound Analysis by 40%

What You Should Know: - DiA Imaging Analysis Ltd, a global provider of AI-powered ultrasound analysis software, has teamed up with Intel to streamline artificial intelligence (AI) solutions used by echocardiography (Echo) labs. - DiA’s AI-based software, LVivo Seamless™, automatically analyzes cardiac ultrasound images using the Intel® Distribution of OpenVINO™ toolkit, to optimize processing time by over 40% percent while maintaining accuracy. Accelerating Processing Times for AI-Based
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3 Steps to Approach & Tackle Digital Transformation in Healthcare

by Michael Norring, President and CEO of GCSIT 04/26/2022 Leave a Comment

3 Steps to Approach & Tackle Digital Transformation in Healthcare

Artificial intelligence (AI) is predicted to save the US healthcare economy $150 billion by 2026. Replacing legacy systems and changing standard operating procedures, hospitals are moving to capitalize on technology and the ways it can change a historically hesitant to change sector. The big question is how fast teams are going to implement changes.  Healthcare leadership recently reported that their organizations are 60% through their digitalization journey. IT leaders must be leading
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How Automation Can Help with Healthcare’s “Messy” Data Problem

by Dr. Bob Lindner, Co-Founder & Chief Scientific Officer at Veda 04/25/2022 Leave a Comment

How Automation Can Help with Healthcare’s “Messy” Data Problem

Efficient data processing and data sharing are essential functions across healthcare—from patient care, clinical research, and health services planning to billing and government reporting for funding and research. But most of the data that the industry is processing is human-generated, meaning it’s messy and riddled with errors, and often manually inputted from Excel spreadsheets into various disparate platforms and technology systems. In some cases, our healthcare system is running on
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Mayo Clinic Partners with VUNO to Develop AI-Driven Precision Oncology Solutions

by Fred Pennic 04/22/2022 Leave a Comment

Mayo Clinic Partners with VUNO to Develop AI-Driven Precision Oncology Solutions

What You Should Know: - Mayo Clinic has signed a research agreement with VUNO, a global medical artificial intelligence (AI) company to develop advanced AI-driven precision oncology solutions to deliver precision oncology care. - Through this research agreement, VUNO will establish a collaboration with Mayo Clinic to develop innovative AI and machine learning solutions for more precise diagnosis, prognosis and treatment stratification in cancer. - This collaborative agreement combines
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