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

Cardinal Health Acquires Specialty Networks for $1.2B, Deepens Focus on Specialty Pharma

by Jasmine Pennic 02/02/2024 Leave a Comment

Cardinal Health Acquires Specialty Networks for $1.2B, Deepens Focus on Specialty Pharma

What You Should Know: - Cardinal Health (NYSE: CAH) announced a strategic move to bolster its Specialty business with the acquisition of Specialty Networks, a multi-specialty group purchasing and practice enhancement organization, for $1.2 billion in cash. - The acquisition signifies Cardinal Health's commitment to investing in key therapeutic areas and providing innovative solutions to independent specialty providers. Specialty Networks: A Powerhouse of Clinical and Economic
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Cohere Health Secures $50M for AI-Powered Prior Authorization Platform

by Fred Pennic 02/02/2024 Leave a Comment

Cohere Health Secures $50M for AI-Powered Prior Authorization Platform


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ArteraAI Raises $20M to Personalize Cancer Therapy With Multimodal AI

by Fred Pennic 02/01/2024 Leave a Comment

ArteraAI Raises $20M to Personalize Cancer Therapy With Multimodal AI

What You Should Know: - ArteraAI, a pioneer in multi-modal artificial intelligence (MMAI) for cancer treatment personalization, announced today an additional $20M in funding. - This latest round, backed by prominent investors like Prosperity7 Ventures, EDBI, and Wilson Sonsini Goodrich & Rosati, brings the company's total funding to $110M since its inception less than a year ago. Revolutionizing Patient Care with AI ArteraAI's MMAI platform analyzes digital pathology images and
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WellSky Taps Google Cloud to Build Gen AI Tools for Providers

by Fred Pennic 02/01/2024 Leave a Comment

WellSky Taps Google Cloud to Build Gen AI Tools for Providers

What You Should Know: - WellSky, a health and community care technology company, and Google Cloud have announced a strategic partnership to leverage cutting-edge cloud technologies and artificial intelligence (AI) to transform healthcare delivery across the continuum. - The strategic collaboration aims to provide care providers with smarter tools, automate repetitive tasks, and ultimately, improve patient outcomes. Google Cloud's governance and privacy policies empower clients to retain
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Radiology AI Marketplace CARPL Secures $6M to Bridge Radiologist Gap with Seamless Integration Tools

by Jasmine Pennic 02/01/2024 Leave a Comment

Radiology AI Marketplace CARPL Secures $6M to Bridge Radiologist Gap with Seamless Integration Tools

What You Should Know: - As healthcare demands rise with an aging population and growing emphasis on early disease detection, the burden on radiologists is reaching a critical point. To address this challenge, enterprise imaging AI marketplace platform CARPL has announced a $6M funding round, aiming to bridge the radiologist gap by streamlining access and integration of AI tools into clinical workflows. Navigating the Maze of AI Solutions With over 200 companies developing AI
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Peloton Equity Invests in OnPoint Healthcare to Combat Physician Burnout with AI

by Jasmine Pennic 02/01/2024 Leave a Comment

Peloton Equity Invests in OnPoint Healthcare to Combat Physician Burnout with AI

What You Should Know: - Peloton Equity, a private equity firm focused on healthcare growth companies, announced a significant investment in OnPoint Healthcare Partners, a leader in AI-powered solutions for reducing physician burnout and improving administrative efficiencies. - This partnership aims to empower OnPoint to accelerate its growth and impact on healthcare delivery. With the investment, Peloton representatives and Michael Clark, President of RAAPID.AI, will join OnPoint's board
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Community Health Systems Leverages Google Cloud’s Generative AI for Data Insights, Clinical Documentation

by Fred Pennic 01/31/2024 Leave a Comment

Community Health Systems Leverages Google Cloud's Generative AI for Data Insights, Clinical Documentation

What You Should Know: - Community Health Systems (CHS), a healthcare provider with 71 hospitals across 15 states announced the successful deployment of its clinical data to a secure, Fast Healthcare Interoperability Resources (FHIR)-based platform on Google Cloud. - The deployment, coupled with the planned implementation of generative AI (gen AI) technologies, marks a significant step towards streamlining operations, improving patient care, and empowering healthcare professionals. By
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Fabric Acquires Conversational AI Care Assistant GYANT

by Fred Pennic 01/31/2024 Leave a Comment

What You Should Know: - Fabric, a leader in healthcare experience optimization, has announced the strategic acquisition of GYANT, a company specializing in conversational AI care assistants and patient engagement suites. - The acquisition of GYANT positions Fabric as a leading force in the digital transformation of healthcare. Their comprehensive suite of solutions is already attracting progressive healthcare providers and innovators, like OSF Healthcare, who are looking to reimagine care
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Pediatrix Deploys AI-Powered Prenatal Care with Sonio, Streamlining Workflow and Enhancing Patient Experience

by Jasmine Pennic 01/31/2024 Leave a Comment

Pediatrix Deploys AI-Powered Prenatal Care with Sonio, Streamlining Workflow and Enhancing Patient Experience

What You Should Know: - Pediatrix Medical Group, a provider of specialized healthcare for women, children, and babies in the U.S., is making waves by deploying Sonio's AI-powered prenatal care solution. - The innovative technology promises to revolutionize ultrasound workflow, improve quality assurance, and ultimately, deliver a better experience for both patients and providers. Simplifying the Complexities of Prenatal Care Traditional prenatal care workflows often involve multiple
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Boston Children’s Hospital Deploys Automated AI Tool for Hip Diagnosis

by Syed Hamza Sohail 01/30/2024 Leave a Comment

Boston Children's Hospital Deploys Automated AI Tool for Hip Diagnosis

What You Should Know: Hip disorders, comprising some of the world’s most common joint diseases, are especially prevalent among adolescents and young adults, causing stiffness, pain or a limp. But they can be hard to diagnose using solely 2D medical imaging.Helping to treat these disorders, the Boston Children’s Hospital’s (BCH’s) Adolescent and Young Adult Hip Preservation Program is the U.S.’s first to deploy a fully automated AI tool across its clinic. Revolutionizing Hip
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