What You Should Know:
Half of the healthcare administrative staff report seeing an increase in the amount of manual data entry in the past 12 months — and 92% of clinicians agree that too much time spent on administrative tasks is a major contributor to healthcare worker burnout. This and other findings are revealed in the new Internet of Healthcare Report, produced by independent research firm Wakefield Research on behalf of Olive. The report uncovers how 1,700 patients, healthcare
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
Leveraging Technology to Optimize Staffing Shortages Post-Pandemic
Chronic understaffing and nurse burnout are two of the greatest and long-standing challenges within the healthcare industry. As a result of the pandemic, these challenges were acknowledged more than ever before. Pre-pandemic research highlighted the fact that the nurse vacancy rate in the United States was 9% at the start of 2020, while the average turnover of bedside nurses was 17%. These trends have only accelerated during COVID-19 and during this period of transitioning into a new normal.
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Sorcero Raises $10M for AI-Powered Medical Language Intelligence Platform
What You Should Know:
- Sorcero, a provider of medical and technical Language Intelligence (LI), today announced the close of a $10M Series A financing round led by CityRock Venture Partners and Harmonix Fund. The round also included participation from Rackhouse, Mighty Capital, and Leawood VC, and joining previous investors, Castor Ventures and Worldquant Ventures, to support the increasing demand from new and existing customers.
- Sorcero’s Language Intelligence platform combines the
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Caresyntax Raises Additional $30M for Digital Surgery Platform
- Caresyntax, a digital surgery platform, today announced a $30M extension to its Series C funding round included participation from BlackRock, ProAssurance, and Harmonix. In addition to existing investors such as the Relyens Group and IPF Partners. This extension brings the total Series C funding to $130M.
- Caresyntax’s digital surgery platform uses proprietary software and artificial intelligence to analyze large volumes of real-world data in and around the operating room to deliver
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Swift Medical Launches AI Digital Wound App to Support Clinical Trials
What You Should Know:
Global digital wound care provider Swift Medical, today announced the launch of a new application specifically designed to help pharma and med device researchers conduct decentralized clinical trials. Since patients are now doing more trials at home, study coordinators have had trouble tracking skin side effects remotely -- or trusting patients to conduct adequate analysis and recording on themselves.
- Swift Medical’s first product, Swift Skin and Wound, provides an
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Edifecs Acquires Talix to Expand Risk Adjustment Solution
What You Should Know:
- Edifecs, a global health IT provider announced it is acquiring Talix, a SaaS IT company, to expand Edifecs’ reach in the encounter management and risk adjustment space. Financial details of the acquisition were not disclosed.
- The integration of Edifecs’ and Talix’s technologies will create an expanded risk adjustment solution with critical workflows and insights that improve efficiencies and directly support payer and provider collaboration.
Talix
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Eleos Health Raises $6M to Expand VoiceAI-Powered Behavioral Health
What You Should Know:
- Eleos Health, a digital health startup transforming behavioral healthcare with voice-based AI insights, today announced the close of $6M in seed funding to develop and launch their new category of automated health tech solutions that accelerate clinicians’ decision making led by aMoon Fund with participation from lool ventures, who led the company’s pre-seed round, and Gandyr Group, alongside Arkin Holdings, Geingels and former c-suite and executives from Google, MIT
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Chatbots in Healthcare: A More Humanized, Patient-Oriented Approach
The adoption of chatbots and virtual assistants, coupled with the integration of artificial intelligence and machine learning technology, has revolutionized the healthcare industry. In many ways, chatbots have become ubiquitous, providing a more optimized user experience through digital means.
The healthcare industry has already benefited immensely from this technology, namely through greater access to valuable services and information, more accuracy in determining what care patients require,
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Corti Receives $27M to Expand AI-Powered Patient Consultations Platform
What You Should Know:
- Corti.ai, a Copenhagen, Denmark-based AI-powered patient consultations platform today announced it has raised $27M in Series A funding led by Vaekstfonden, the Danish Growth Fund and Chr. Augustinus Fabrik, who joins existing investors Hearcore, Id Invest, and byFounders.
- Founded by Lars Maaløe and Andreas Cleve in 2016, Corti provides an augmentative AI platform that uses speech recognition technology to analyze patient consultations in real time and then
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Cedars-Sinai Cancer Launches ‘Molecular Twin’ Initiative for Precision Cancer Treatment
What You Should Know:
- Cedars-Sinai Cancer and Tempus, a provider of artificial intelligence and precision medicine, are harnessing the power of big data and AI to design personalized cancer treatment options by creating virtual replicas of patients' DNA, RNA, protein and other information to help identify the most effective approach to each individual's disease.
- By creating these "molecular twins," scientists can genetically classify cancer genes and proteins of particular tumors
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