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

Story Health Secures $22.6M for AI-Driven Virtual Specialty Care Platform Across Cardiology

by Fred Pennic 02/24/2022 Leave a Comment

Story Health Secures $22.6M for AI-Driven Virtual Specialty Care Platform Across Cardiology

What You Should Know: - Story Health, a health technology and services company that extends specialty care into patient’s homes raises $22.6M in Series A funding co-led by Northpond Ventures and B Capital Group. The round also included participation from new investor LRVHealth and existing investors Define Ventures and General Catalyst, bringing the company’s total funding to approximately $27M. - The Story Health platform empowers specialists through intelligent embedded clinical software
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Healthcare Is A Cyber Criminal’s Dream, But It Doesn’t Have To Be This Way

by Vidya Murthy, Chief Operating Officer at MedCrypt 02/24/2022 Leave a Comment

Healthcare Cyber Events are Common, But It Doesn’t Have To Be This Way

Healthcare is a cyber criminal’s dream. It presents the intersection of a data treasure trove, weak security posture, limited resources, complicated supply chain, and patient care delivery. When faced with having to pick a priority to optimize for, healthcare will, of course, always pick delivering healthcare. This means that when tradeoffs must be made and resources are limited immediate patient care is prioritized over anything else.  A great example of this is looking at how
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Medtronic, AWS to Provide Underserved Communities with AI-Assisted Colon Cancer Screening

by Fred Pennic 02/22/2022 Leave a Comment

Medtronic, AWS to Provide Underserved Communities with AI-Assisted Colon Cancer Screening

What You Should Know: - Medtronic and AWS, today announced a partnership to provide underserved communities with artificial intelligence (AI)-assisted colonoscopy technology through AWS’s $40M Health Equity Assistance Program for colon cancer screening. - Amazon Web Services will support the effort to provide Medtronic GI Genius™ intelligent endoscopy modules to facilities that primarily serve communities with low screening rates or where access to this technology is not currently
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Unlock Healthcare Data to Improve Patient Care and Operational Efficiency

by Our Thought Leaders 02/19/2022 Leave a Comment

How Fax Protects Patient Health Information

The ease in which protected health information (PHI) is shared, accessed, and analyzed has a direct impact on clinical productivity, patient care coordination, and health outcomes. Today, clinicians still spend a considerable amount of time typing in, clicking through, and editing electronic health records (EHR). Manually keying-in patient data into fields is not only time-consuming and inefficient, but it can also lead to medical errors if any of the information is typed incorrectly.  This
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Sirona Medical Acquires Nines Radiology AI Division

by Fred Pennic 02/18/2022 Leave a Comment

Sirona Medical Secures $40M for Cloud-Native Radiology Operating System

What You Should Know: - Sirona Medical, a software company with a cloud-native solution for radiologists, has announced its acquisition of Nines Radiology’s AI division. Sirona Medical did not acquire Nines' teleradiology business, Nines Radiology. The terms of the deal were not disclosed. - This is Sirona’s first acquisition just months after its exit from stealth in Aug. 2021 with a total of $62.5M in Series A & B financing rounds.  Why It Matters The FDA-cleared medical
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Equip Raises $58M for Virtual, Evidence-Based Eating Disorder Treatment

by Fred Pennic 02/16/2022 Leave a Comment

Equip Raises $58M for Virtual, Evidence-Based Eating Disorder Treatment

What You Should Know: Equip, a provider of virtual, evidence-based eating disorder treatment in the U.S., today announced a $58M Series B funding round, bringing the company’s total funding to $75M. The Series B round was led by The Chernin Group (TCG), an early investor in Headspace and was joined by Tiger Global and General Catalyst, as well as existing investors F-Prime Capital, Optum Ventures, and .406 Ventures. Katie Couric Media invested alongside American soccer champion Alex Morgan
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Leveraging A More Impactful Analytics Strategy to Improve Your Health Plan Member CX

by Suzanne Cogan, General Manager, SPH Analytics, a Press Ganey Solution 02/16/2022 Leave a Comment

Suzanne Cogan, General Manager, SPH Analytics, a Press Ganey Solution

Healthcare organizations are increasingly eager to leverage analytics technologies, including machine learning and artificial intelligence (AI), in new ways. One telling sign of this is that the global predictive analytics healthcare market, which was valued at $1.8 billion in 2017, is projected to reach more than $8.5 billion by 2025.  But as technology evolves, it’s clear that the types and use of analytics platforms that can drive change among health plans — as well as the breadth of
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Memora Health Nabs $40M to Scale Virtual Care Delivery Platform

by Fred Pennic 02/15/2022 Leave a Comment

Memora Health Nabs $40M to Scale Virtual Care Delivery Platform

What You Should Know: - Memora Health, a San Francisco, CA-based technology platform for virtual care delivery and complex care management, today announced the completion of a $40 million financing led by Transformation Capital with participation from Andreessen Horowitz, Frist Cressey Ventures, Edward Elmhurst Health, AlleyCorp, and others. As part of the financing, Todd Cozzens, Managing Partner at Transformation Capital, will join Memora's board. - Memora continues to rapidly grow with
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TytoCare Receives CE Mark Approval for its Lung Sounds Analyzer

by Fred Pennic 02/15/2022 Leave a Comment

COVID-19 Spikes Deaconess Health Adoption of Remote Medical Exams

What You Should Know: - TytoCare has received CE Mark approval for its AI-backed Tyto Lung Sounds Analyzer, a web-based software system designed to aid in the clinical assessment of lung auscultation sound data by analyzing recorded lung sounds to determine whether wheezing is detected within the recording. - The Lung Sounds Analyzer will further enable physicians to better diagnose respiratory conditions remotely. The CE Mark paves the way for the immediate European
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4 Areas Where Technology Can Help Healthcare Workforce Enhancement

by Anthony Comfort, SVP of Product Management at VisiQuate 02/14/2022 Leave a Comment

4 Areas Where Technology Can Help Healthcare Workforce Enhancement

Staffing and workforce management have long been one of the most difficult responsibilities borne by healthcare executives, specifically those with responsibility for revenue cycle operations. When the COVID-19 pandemic began, workers in administrative roles (the entire revenue cycle teams) were sent home.  We didn’t know that almost two years later many would still be working remotely and that it might be that way from now on. A recent survey commissioned by AKASA and conducted by
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