What You Should Know:
AWS and Allen Institute for Brain Science are collaborating on a five-year project to create the largest open source database of brain cell data in the world named the Brain Knowledge Platform (BKP). The strategic global collaboration for the U.S. National Institutes of Health (NIH) BRAIN Initiative Cell Atlas Network (BICAN) with participation from 17 other institutions around the globe including MIT and Princeton will pinpoint precisely why diseases like
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
Laudio Secures $13M for AI-Powered Healthcare Operations Platform
What You Should Know:
Laudio, a Boston, MA-based AI-powered solution that’s solving for health systems CEOs top issues: labor productivity and burnout secures $13M in Series B funding led by Define Ventures. Laudio acts as a co-pilot to thousands of healthcare managers, amplifying their work and delivering measurable, large-scale improvements. The platform will streamline and standardize best practices for frontline leaders, making crucial data available in real-time and accessible
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Lessons From Oncology – How We Can Better Utilize AI for GI
Oncology is seen as an early adopter of machine learning in healthcare, and as a doctor who has been working in medical oncology for over a decade, I have seen firsthand how technology has advanced the field. Now, I work at a computer vision company that is using artificial intelligence (AI) in gastroenterology and although these areas of medicine differ, I am struck by the similarities in opportunities that technology has to help advance care and improve outcomes for patients afflicted by
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Carta Healthcare Raises $25M for AI-Powered Clinical Data Abstraction
What You Should Know:
What You Should Know:
Carta Healthcare®, a company whose mission is to improve patient care by harnessing the value of clinical data, announced today the final closing of its $25 million series B financing, thanks to additional investments from leading health systems Memorial Hermann Health System and UnityPoint Health.These additional investments follow the initial $20 million series B financing announced in November 2022, which included investors such
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Wolters Kluwer Health Acquires AI Drug Diversion Detection Company Invistics
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Wolters Kluwer Health today announced the acquisition of Invistics Corporation (Invistics), a U.S.-based provider of cloud-based, AI-enabled software for drug diversion detection and controlled substance compliance. Invistics will join the company’s Clinical Surveillance, Compliance & Data Solutions unit, part of Clinical Solutions. Financial details of the acquisition were not disclosed. Invistics’ solution, Flowlytics, uses predictive analytics to detect
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NYU, NVIDIA Collaborate on Large Language Model to Predict Patient Readmission
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Researchers at NYU Langone Health, the academic medical center of New York University, have collaborated with NVIDIA experts to develop a large language model (LLM) that predicts a patient’s risk of 30-day readmission, as well as other clinical outcomes.
The LLM was deployed in the healthcare system’s six inpatient facilities, the NYUTron model — featured today in the scientific journal Nature that will provide doctors with AI-driven insights that could help
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Too Many Chatbots? What Is The Right Mix of AI/Human Interactions?
Pharmaceutical companies across the globe are currently investing in artificial intelligence (AI) to overcome challenges surrounding the support of inquiries from healthcare professionals (HCPs). In fact, according to an Informa study, 58% of life science experts believe that advanced AI agents have the potential to deliver HCP engagement experiences comparable to human experts. Blending humans and AI agents help to address rising expectations and demand for constant multichannel access to
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LeanTaaS Launches Generative AI Hospital Operations Solution
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LeanTaaS, Inc., the market leader in providing AI-powered and SaaS-based capacity management, staffing, and patient flow software for health systems, today announced the launch of iQueue Autopilot, a first-of-its-kind generative AI solution that will provide hospital leaders with human-like conversations and actionable insights to support decision-making on staffing, scheduling, workflow, and utilization operations.Generative AI is projected to grow faster in
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Hyro Secures $20M to Expand Generative/Conversational AI Platform
What You Should Know:
Hyro, the leader in plug-and-play conversational artificial intelligence (AI), today announced that it has finalized a $20 million Series B funding round led by Macquarie Capital, with participation from Liberty Mutual Strategic Ventures, Black Opal Ventures, and existing and new investors, bringing the company’s total funding to $35 million.With this capital raise, Hyro will continue to meet the healthcare sector’s critical demand for conversational AI and automation,
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AI in Drug Discovery Market to Reach $4B by 2027
What You Should Know:
The AI in Drug Discovery market in terms of revenue was estimated to be worth $600M in 2022 and is poised to reach $4B by 2027, growing at a CAGR of 45.7% from 2022 to 2027 according to a new report published by MarketsandMarkets™. The report cites the growing need to curb the drug discovery cost & reduce the overall time taken in this process, the rising adoption of cloud-based applications and services, and the impending patent expiry of blockbuster
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