What You Should Know:
- Genentech and NVIDIA today announced a multi-year strategic research collaboration that couples Genentech’s artificial intelligence (AI) capabilities, extensive biological and molecular datasets, and research expertise with NVIDIA’s world-leading accelerated computing capabilities and AI to speed up drug discovery and development.
- The collaboration is designed to significantly enhance Genentech’s advanced AI research programs by transforming its generative AI
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
GE and CodaMetrix Partner to Bolster AI-Powered Automated Coding for Providers
What You Should Know:
- CodaMetrix has partnered with GE HealthCare to bring its AI-powered automated coding solution, CMX Automate, to GE HealthCare customers.
- This will enable GE HealthCare customers to benefit from CMX Automate's ability to improve coding accuracy, efficiency, and revenue cycle management. CMX Automate is a cloud-based solution that uses machine learning, deep learning, and natural language processing to translate clinical notes into billing and diagnostic codes.
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5 Egregious Virtual Assistant Fails and How to Overcome Them
Three phenomena conspire to drive healthcare organizations towards digitization: 1) patient demand for the same online experience as other consumer sites (e.g., Amazon, Open Table); 2) manual processes contributing to overextended staff made worse by labor shortfalls; and 3) unrelenting need to control costs, optimize revenue and streamline workflows.
But one primary barrier stands in the way: the historically poor performance of chatbots.
Let’s face it. Every single one of us has found
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71% of Consumers Believe Generative AI Can Revolutionize Healthcare
What You Should Know:
A recent survey conducted by Deloitte's Center for Health Solutions (Center) revealed a growing acceptance and optimism among consumers regarding the potential of Generative AI to revolutionize healthcare. Over half of the respondents (53%) believe that generative AI could improve access to healthcare, while 46% expressed confidence in its ability to make healthcare more affordable.
Generative AI: A Reliable Source of Information
The survey further
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TRANSFORM Trial Unveiled: AI-Powered Approach for Personalized Heart Disease Care
Cleerly, a leading innovator in the field of cardiovascular disease diagnosis, today announced the launch of the TRANSFORM trial at the American Heart Association's (AHA) 2023 Scientific Sessions. This groundbreaking trial aims to revolutionize the way heart disease is prevented by evaluating a personalized care strategy based on Cleerly's AI-powered coronary artery disease (CAD) plaque staging system.
About the TRANSFORM Trial
The TRANSFORM trial is a randomized, controlled trial that
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Fortrea, Medidata Form AI Partnership to Increase Diversity in Clinical Trials
What You Should Know:
- Fortrea, a global contract research organization (CRO), and Medidata, a Dassault Systèmes company specializing in clinical trial solutions, announced an AI-powered partnership to increase diversity in clinical trials.
- The collaboration aims to leverage Medidata's AI technology, specifically Medidata AI Intelligent Trials, to increase access to diverse patients in Fortrea-conducted clinical trials.
Increase Diversity in Clinical Trails
This partnership builds
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M&A: Aya Healthcare Acquires Winnow AI to Bolster Physician Recruitment
What You Should Know:
- Aya Healthcare, a large healthcare talent software and staffing company, has acquired Winnow AI, a data science-driven solution that helps organizations recruit and retain physicians.
- Winnow AI uses artificial intelligence and business intelligence to identify passive physicians who are likely to relocate to a particular region. This acquisition will allow Aya Healthcare to offer both active and passive job seeker recruitment platforms to its clients.
Data
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M&A: HEALWELL AI Acquires Pentavere Research Group to Enhance AI Healthcare Solutions
What You Should Know:
- HEALWELL AI Inc. (TSX: AIDX), a data science and AI company focused on preventative care, has announced a significant step forward in its mission to revolutionize healthcare through the acquisition of a majority ownership position in Pentavere Research Group Inc. (Pentavere).
- This acquisition will bolster HEALWELL's AI technology capabilities and expand its reach in the healthcare industry.
Pentavere Background
Pentavere, an innovative AI health-tech company
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Elsevier Health and OpenEvidence Partner to Unveil ClinicalKey AI
What You Should Know:
- Elsevier Health, a global leader in medical information and data analytics, has announced a strategic partnership with OpenEvidence, a company specializing in artificial intelligence for medicine, to develop ClinicalKey AI, a next-generation clinical decision support tool that combines the most recent and reputable evidence-based medical content with generative artificial intelligence (AI) to help physicians at the point of care.
- The vast amount of complex data
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Healthcare Embraces Generative AI: 70% of Organizations Actively Explore its Revenue Cycle Potential
What You Should Know:
- AKASA, a leading developer of AI-powered automation for the revenue cycle, released new survey results showing that more than 70 percent of healthcare organizations are actively considering the use of generative AI.
- In the same survey of more than 250 CFOs and financial leaders at health systems and hospitals across the U.S., nearly 60% percent of respondents indicated they are actively considering these new technologies for their revenue cycle
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