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

AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management

by Fred Pennic 11/11/2021 Leave a Comment

AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management

What You Should Know: - AppliedVR, a Los Angeles, CA-based company advancing the next generation of immersive therapeutics, today announced $36 million in series B funding, bringing its total funding to $71M. The round, which included investments from F-Prime Capital, JAZZ Venture Partners, Sway Ventures and SVB Ventures, set up AppliedVR for rapid growth as it prepares for its decision from the FDA on its first de novo submission. - Virtual reality provides an immersive experience that
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Rad AI Nabs $25M to Automate Radiology Impressions, Save Time, Reduce Burnout, Improve Patient Care

by Jasmine Pennic 11/11/2021 Leave a Comment

Rad AI Raises $4M to Automate Repetitive Tasks for Radiologists Through Machine Learning

What You Should Know: - Rad AI, a Berkely, CA-based radiologist-led AI company, today announced $25M in Series A funding led by ARTIS Ventures with participation by several existing investors, including OCV Partners, Kickstart Fund, and Gradient Ventures (Google's AI-focused fund). - Rad AI Omni automatically generates a customized impression from the findings and clinical indication dictated by the radiologist, using the most advanced neural networks. It learns each
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Notable Labs Launches by Acquiring Rights to Volasertib – Will Use Data, AI to Fast-Track Cancer Treatment

by Fred Pennic 11/11/2021 Leave a Comment

What You Should Know: - Coming out of stealth, Notable Labs, a pioneer and developer of predictive precision medicines, is acquiring worldwide development and commercial rights to volasertib, a PLK-1 inhibitor in acute myeloid leukemia (AML) from Oncoheroes. - Notable will leverage its high-fidelity Predictive Precision Medicines Platform to identify and select volasertib-responsive patients prior to their treatment and fast-track volasertib’s clinical development
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Reshaping Imaging: 4 Areas Enhancing Provider Workflows & Patient Care

by Paul Shumway, co-founder at Novarad 11/10/2021 Leave a Comment

Reshaping the Imaging Industry: Innovative Technologies and Looming Crossroads

Ever since Wilhelm Roentgen created the first X-ray image in 1895, few technologies have had more influence on medicine than those related to clinical imaging. It’s pretty remarkable if we compare the MRI, CT, and X-ray technologies of even just 20 years ago with those of today. Rapid innovation is making imaging better and easier. Still, we’re only starting to scratch the surface of some amazing advances that promise to entirely reshape how doctors diagnose and treat patients.  As with
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Sirona Medical Secures $40M for Cloud-Native Radiology Operating System

by Fred Pennic 11/09/2021 Leave a Comment

Sirona Medical Secures $40M for Cloud-Native Radiology Operating System

What You Should Know: - Sirona Medical, a San Francisco, CA-based cloud software company for radiologists taking on legacy technology, announced $40 Million in Series B funding led by GreatPoint Ventures and joined by Rose Park Advisors and Avidity Partners, with additional participation from previous investors including 8VC and Global Founders Capital. - Sirona Medical Inc. is addressing the needs of today’s radiology
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Caption Health, Ultromics Partner for AI-Powered Heart Disease Detection

by Fred Pennic 11/09/2021 Leave a Comment

Caption Health AI Awarded FDA Clearance for Point-of-Care Ejection Fraction Evaluation

What You Should Know: - Caption Health and Oxford University spin-out Ultromics have teamed up to empower a broader set of healthcare providers and put heart disease detection and management tools in more hands. This is a second strategic partnership that Caption Health secured in the last three months to enable earlier disease detection and management with AI-based guidance and diagnostics. - Together, the companies will offer the Caption AI™ software platform alongside Ultromics’ EchoGo®
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Mount Sinai Uses Machine Learning to Improve Postpartum Hemorrhage Risk Prediction

by Jasmine Pennic 11/04/2021 Leave a Comment

Mount Sinai Uses Machine Learning to Improve Postpartum Hemorrhage Risk Prediction

What You Should Know: - Sema4, an AI-driven genomic and clinical data intelligence platform company, recently published two studies demonstrating the utility of machine learning to predict clinical outcomes for postpartum hemorrhage (PPH). The studies, which will appear in a special “Informatics for Sex- and Gender-Related Health” print issue of the Journal of the American Medical Informatics Association (JAMIA), were conducted in collaboration with clinicians from
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Collective Medical, Nuance Launches PowerShare to Provide ED Physicians Real-Time Notifications

by Jasmine Pennic 11/04/2021 Leave a Comment

Collective Medical, Nuance Launches PowerShare to Provide ED Physicians Real-Time Notifications

What You Should Know: - Today, Collective Medical, a PointClickCare Company, was chosen for a collaboration with Nuance with the launch of Naunce PowerShare Image Aware.  - The collaboration will provide emergency department (ED) physicians with real-time notifications of a patient's prior radiology studies within existing clinical workflows. Point-of-care access to previous diagnostic images reduces unnecessary imaging, healthcare costs, and ED waiting times while
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Notable Secures $100M to Expand Intelligent Automation in Healthcare

by Fred Pennic 11/03/2021 Leave a Comment

Notable Secures $100M to Expand Intelligent Automation in Healthcare

What You Should Know: - Notable, a San Mateo, CA-based leader in healthcare intelligent automation, today announced it has raised $100M in Series B funding led by ICONIQ Growth, including participation by Greylock, F-Prime Capital, and Oak HC/FT to accelerate growth and innovation within the healthcare industry.  - The company plans to use the new round of funding to pioneer a novel intelligent automation approach for healthcare with the mission of reducing administrative burden
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U of Florida to Deploy DreaMed AI Solution for Type 2 Diabetes

by Jasmine Pennic 11/03/2021 Leave a Comment

U of Florida to Deploy DreaMed AI Solution for Type 2 Diabetes

What You Should Know: - DreaMed Diabetes AI, developer of the AI-powered Advisor Pro Clinical Decision Support System and expert-care platform for diabetes, announced today the expansion of its commercial relationship with the Pediatric Endocrinology Clinic at the University of Florida in Gainesville. - The clinic will begin using the Advisor Pro Decision-Support System for people with Type 2 and Type 1 diabetes, enhancing its offering to healthcare practitioners and patients. - Advisor
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