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

EchoNous Alliance with Samsung for AI-Guided Ultrasound

by Jasmine Pennic 08/19/2022 Leave a Comment

EchoNous Closes $60M for AI-Assisted Handheld Ultrasound Device

What You Should Know: - EchoNous, a company delivering AI-enabled handheld ultrasound capable of producing diagnostic-quality images, forms an alliance with Samsung that enables its Point-of-Care Ultrasound (POCUS) Kosmos platform run on Samsung’s Galaxy Tab Pro tablets (models 12.0 and higher). - Made possible through the EchoNous/Samsung alliance, this new compatibility will lower the overall price point of the Kosmos platform, which already costs tens of thousands of dollars less than
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Connected Devices Selection: Considerations for A Digital-First Approach to Data Collection

by Mark Mentzer, Senior Director, Business Development, Connected Devices and eCOA, IQVIA 08/15/2022 Leave a Comment

Connected Devices Selection: Considerations for A Digital-First Approach to Data Collection

In recent years, digital health technologies (DHTs) have significantly changed the way we collect data within clinical trials. This is partially due to the overarching industry shift toward patient-centricity, but in some cases, it is also due to the commercial availability of powerful technology solutions not previously feasible for use in medical devices. In the past, nearly all patient data have traditionally been acquired by purpose-built machines manufactured by relatively small-scale
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Avenda Health Receives FDA Exemption for AI-Enabled Prostate Cancer Therapy

by Jasmine Pennic 08/12/2022 Leave a Comment

Avenda Health Receives FDA Exemption for AI-Enabled Prostate Cancer Therapy

What You Should Know: - Avenda Health, an AI healthcare company creating the future of prostate cancer care, has received FDA Investigational Device Exemption (IDE) for its FocalPoint ablation system. The IDE will allow the technology, powered by iQuest, to be used in a randomized control trial to show superiority over the standard of care for the treatment of prostate cancer.  - FocalPoint is Avenda Health’s focal laser ablation system designed to treat localized prostate cancer
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Ellipsis Health & Ceras Health Integrate to Bring Human Voice as a Biomarker for Mental Health

by Syed Hamza Sohail 08/11/2022 Leave a Comment

Ellipsis Health Secures $26M to Power AI-Powered Voice Biomarker for Mental Health

What You Should Know: - Ellipsis Health and Ceras Health today announced a partnership that will integrate Ellipsis Health's breakthrough technology that uses the human voice as a biomarker for mental health and wellbeing into Ceras' clinical monitoring platform. - This integration will combine Ellipsis Health's AI and deep learning technology with Ceras Health's clinical monitoring and health data analytics platform, enabling real-time severity scores for anxiety and depression to improve
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FundamentalVR Raises $20M for VR Surgical Simulation Platform

by Syed Hamza Sohail 08/11/2022 Leave a Comment

FundamentalVR Raises $20M for VR Surgical Simulation Platform

What You Should Know: - FundamentalVR has raised an additional $20M to significantly accelerate medical skill-transfer and increase surgical proficiency through its world-leading medical simulation platform, Fundamental Surgery. - The funding was led by EQT Life Sciences investing from the LSP Health Economics Fund 2 and joined by prior investors Downing Ventures. The new investments follow a Series A round in October 2019 and bring the
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H1 Launches AI-Powered and Evidence-Based Interactions

by Syed Hamza Sohail 08/11/2022 Leave a Comment

H1 Launches AI-Powered and Evidence-Based Interactions

What You Should Know: - H1, launches an update to its flagship product, HCP Universe, the daily resource for global medical affairs and medical science liaison (MSL) teams. - New features include a mobile app, Next-gen Smart Search capabilities built on an expansive knowledge graph, out-of-the-box insights tailored to inform MSL and Headquarter decisioning, and AI-powered notifications to improve and accelerate quality HCP engagement.  Establishing AI-Driven Efficient Workflows H1 is
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Abridge Secures $12.5M to Power AI-Powered Medical Conversations

by Syed Hamza Sohail 08/11/2022 Leave a Comment

Abridge Secures $12.5M to Power AI-Powered Medical Conversations

What You Should Know: - Abridge, the leader in medical conversation artificial intelligence (AI), today announced an oversubscribed $12.5M Series A-1 led by Wittington Ventures. - The round also had participation from all existing investors including Union Square Ventures, Bessemer Venture Partners, Pillar Venture Capital, and UPMC Enterprises, and new investors including Turing Award winner Yoshua Bengio, and Whistler Capital. Automated Solutions to Combat Physician
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Evidence Partners Raises $20M for Automated, Evidence-Based Research

by Syed Hamza Sohail 08/09/2022 Leave a Comment

Evidence Partners Raises $20M for Automated, Evidence-Based Research

What You Should Know: - Evidence Partners has announced a growth financing round, their first ever, for $20M, led by Thomvest Ventures.  - With their new AI product DistillerSR, Evidence Partners are changing the way Literature Reviews are conducted, making them efficient, accurate, and less labour-intensive. AI-Driven Literature Review Software DistillerSR is a web-based platform that allows researchers to collaborate concurrently on the same projects from anywhere, without
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Digital Front Doors Create Personalized Patient Experience

by Aan Chauhan, Chief Technology Officer, Mindtree 08/09/2022 Leave a Comment

The Digital Front Door to Patient-Centric Healthcare

Heightened patient expectations are changing the way healthcare services are delivered, from the way patients receive care to the way they pay for services and manage their conditions. A need for greater patient-centricity is changing the way payers, providers, and healthcare services organizations do business. The digital front door is an ecosystem of technologies patients use to engage with healthcare, starting from when they detect symptoms, to when they pay or receive post-appointment care.
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What is the Potential for Digital Twins in Healthcare?

by David Talby, CTO at John Snow Labs 08/08/2022 Leave a Comment

NLP is Raising the Bar on Accurate Detection of Adverse Drug Events

Digital twins are virtual representations of an object or system that spans its lifecycle, is updated from real-time data, and use simulation, machine learning and reasoning to help decision-making (IBM). In most cases, this helps data scientists understand how products are operating in production environments and anticipate how they may behave overtime. But what happens when a digital twin is that of a human being?  By using digital twins to model a person, you can use technologies like
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