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

Omniscient Secures Series C Funding to Expand AI-Powered Brain Mapping

by Fred Pennic 06/11/2024 Leave a Comment

Omniscient Closes Series C Funding to Expand AI-Powered Brain Mapping

What You Should Know:  - Omniscient (o8t®), a Sydney, Australia-based global leader in applying AI to unlock the secrets of the human brain, announced today the successful conclusion of its Series C funding round. This round brings the company's total capital raised to US$60M , marking a significant milestone in its growth trajectory. - The funding round highlights the confidence of prominent Australian investors, including Will Vicars and Gina Rinehart, in Omniscient's vision and
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Verily Launches AI-Powered Chronic Care Solution, Lightpath

by Fred Pennic 06/11/2024 Leave a Comment

Verily Launches AI-Powered Chronic Care Solution, Lightpath

What You Should Know:  - Verily, Alphabet's precision health subsidiary, today announced Lightpath, a next-generation chronic care solution designed to address the evolving needs of health plans and their members.  - The initial offering, Lightpath Metabolic, focuses on empowering individuals with cardiometabolic conditions to achieve and maintain their health goals. Open enrollment is targeted for early 2026. Building on Success with Onduo Lightpath Metabolic leverages the
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DeepScribe AI Cuts Clinician Documentation Time at Texas Oncology

by Syed Hamza Sohail 06/11/2024 Leave a Comment

DeepScribe AI Cuts Clinician Documentation Time at Texas Oncology

What You Should Know: -              DeepScribe, a leader in ambient AI clinical documentation technology, is proud to announce its collaboration with Texas Oncology, a community-based oncology practice that covers most of Texas. -              Nearly 1,000 clinicians at more than 280 Texas Oncology locations will have the opportunity to use DeepScribe’s
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Tampa General Hospital Deploys AI Tools to Reduce Burnout, Bost Patient Experience

by Fred Pennic 06/11/2024 Leave a Comment

Tampa General Hospital Deploys AI Tools to Reduce Burnout, Bost Patient Experience

What You Should Know:  - Tampa General Hospital (TGH) is embracing artificial intelligence (AI) to streamline documentation workflows and empower physicians to focus on what matters most – their patients. - While thorough documentation is crucial for high-quality care, the process can be time-consuming and detract from valuable patient interactions. To address this challenge, TGH has partnered with Nuance to implement DAX Copilot, an innovative AI-powered solution. DAX Copilot:
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CCS Unveils AI Predictive Model to Predict & Improves CGM Adherence in Diabetes Management

by Syed Hamza Sohail 06/11/2024 Leave a Comment

CCS Unveils PropheSee: AI Predictive Model Predicts and Improves CGM Adherence in Diabetes Management

What You Should Know: -              CCS — leading provider of clinical solutions and home-delivered medical supplies for those living with chronic conditions — today announced PropheSee™ a new, AI-powered predictive model for healthcare organizations focused on improving adherence in the population of people that have been prescribed a continuous glucose monitoring (CGM) device to help manage their
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Anterior Secures $20M to Streamline Healthcare Administration with GenAI

by Fred Pennic 06/10/2024 Leave a Comment

Anterior Secures $20M to Streamline Healthcare Administration with GenAI

What You Should Know:  - Anterior, a healthcare administration platform built by clinicians raises $20M in Series A funding round.  - Led by New Enterprise Associates (NEA), the round included participation from Sequoia Capital, Blue Lion Global, and Neo. Formerly known as Co:Helm, Anterior recently rebranded to reflect its focus on moving healthcare administration forward. Unburdening Clinicians with AI Anterior's mission is to free doctors and nurses from the
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Pediatric Associates Selects Innovaccer’s AI Platform to Enhance Quality of Care for 1.5 Million Patients

by Fred Pennic 06/07/2024 Leave a Comment

Kaiser Permanente to Deploy Innovaccer’s Healthcare AI Platform

What You Should Know:  - Pediatrics Associates, the leading private pediatric primary care group in the US, has partnered with Innovaccer Inc., a leader in healthcare artificial intelligence (AI).  - The collaboration aims to leverage AI and data analytics to improve the quality of care for Pediatrics Associates' over 1.5 million patients across 7 states. Focus on Value-Based Care and Population Health Pediatrics Associates prioritizes delivering comprehensive medical care
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Mediktor Acquires Conversational AI Platform Sensely To Enhance Global Footprint

by Fred Pennic 06/05/2024 Leave a Comment

Mediktor Acquires Conversational AI Platform Sensely To Enhance Global Footprint

What You Should Know:  - Mediktor, a provider of AI-powered healthcare solutions, announced today the acquisition of Sensely, a San Francisco-based innovator in conversational AI for patient engagement.  - The strategic acquisition strengthens Mediktor's global footprint, broadens its technology portfolio, and positions the combined entity as a major player in the AI-driven healthcare market. Combining Expertise for Enhanced Patient Engagement Mediktor's established AI
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How AI Can Increase the Success of Clinical Denials Appeals

by Steve Albert, EVP and Chief Product Officer, R1 06/05/2024 Leave a Comment

How AI Can Increase the Success of Clinical Denials Appeals

It’s a perfect storm of financial pressures facing healthcare provider organizations – from rising costs to labor shortages to constrained capacity – that stymies revenue growth. Growing challenges with payer payments only exacerbate these issues. According to a Kaufman Hall report, 73% of leaders surveyed said claims denials, which was the top revenue cycle issue in 2022, had increased in 2023. The cost of denials is staggering. A recent data analysis revealed that providers spent nearly $20
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Sword Health Secures $130M, Unveils AI Care Specialist “Phoenix”

by Fred Pennic 06/04/2024 Leave a Comment

Sword Health Secures $130M, Unveils AI Care Specialist "Phoenix"

What You Should Know:  - Sword Health, a pioneer in AI-powered healthcare delivery, announced a $130M financing round today bringing Sword's total funding to $340M and propelling the company's valuation to a staggering $3B– a 50% increase since its Series D round. - This funding round, coupled with Sword's near-tripled revenue growth in the past year, unlocks exciting possibilities for the future. The company plans to leverage these resources to revolutionize healthcare delivery and
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