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

Theator Nabs $15.5M to Scale AI-Driven Surgical Intelligence Platform

by Fred Pennic 02/09/2021 Leave a Comment

Theator Nabs $15.5M to Scale AI-Driven Surgical Intelligence Platform

What You Should Know: - Theator raises $15.5M in Series A funding to support the company’s mission of using AI and computer vision to eradicate disparity and variability in surgical care. - The startup plans to use this round to scale its commercial operations and partnerships with U.S. providers, grow its R&D team and cement its status as a world-leading provider of AI-powered Surgical Intelligence solutions. Theator, a Palto Alto,
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Nuance Acquires Ambient AI Assistant for Physicians Platform Saykara

by Jasmine Pennic 02/08/2021 Leave a Comment

Nuance Acquires Ambient AI Assistant for Physicians Platform Saykara

What You Should Know: - Nuance acquires ambient AI healthcare voice assistant Saykara, Inc. to bring complementary AI technology and engineering talent to conversational AI and ambient clinical intelligence market leader. - Kara’s AI-powered healthcare voice assistant can be used during a physician-patient encounter without any voice commands, promising to eliminate up to 100% of after-hours charting and records entry Nuance Communications, Inc. today announced the acquisition of
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Executive Hires: Walgreens Appoints New CEO, Cityblock Health, Innovaccer, Others

by Jasmine Pennic 02/05/2021 Leave a Comment

Walgreens CEO Rosalind Brewer Steps Down, Interim CEO Appointed

Walgreens appoints Rosalind (Roz) Brewer as the company’s Chief Executive Officer, effective on March 15, 2021. Brewer will also join the WBA Board of Directors upon assuming the role. She succeeds Stefano Pessina who, as previously announced, will transition to the role of Executive Chairman of the Board of WBA. Brewer, 58, will become the first Black woman to lead a Fortune 500 company. Former Livongo President, Jennifer Schneider, has joined Cityblock Health’s Board of
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SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman

by Fred Pennic 02/05/2021 Leave a Comment

SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman

What You Should Know: - Compute Health Acquisition, a SPAC company targeting the intersection of computation and healthcare announced the pricing of its $750M initial public offering (IPO) by offering 75 million units at $10.  Compute Health Acquisition Corp. (the “Company”), a SPAC “blank check” company announced today that it priced its initial public offering of 75,000,000 units at $10.00 per unit. The units will be listed on The New York Stock Exchange (“NYSE”) and trade under the
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Epic, Galen Healthcare, Chartis Group Named 2020 Overall Best in KLAS Awards

by Fred Pennic 02/02/2021 Leave a Comment

Epic, Galen Healthcare, Chartis Group Named 2020 Overall Best in KLAS Awards

What You Should Know: - Epic was named the top Overall Software Suite for the eleventh consecutive year in the Best in KLAS 2021 Software & Services report, released today, which reports on the top vendors for 2020. Epic was also named the top Overall Physician Practice Vendor. Galen Healthcare Solutions was named the top Overall IT Services Firm. The Chartis Group earned the award of top Overall Healthcare Management Consulting Firm, edging out last year’s winner,
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HealthTensor Secures $5M to Scale AI-Powered Medical Diagnosis Platform

by Fred Pennic 02/02/2021 Leave a Comment

HealthTensor Secures $5M to Scale AI-Powered Medical Diagnosis Platform

What You Should Know: - HealthTensor, an LA-based startup that uses AI to ensure no medical diagnoses are overlooked, has raised $5 million to scale operations. - To date, HealthTensor has helped physicians write more than 2,000 notes and has identified overlooked medical conditions in 95% of cases. HealthTensor, an LA-based artificial intelligence digital health startup that is creating software to help augment medical decision making, announced today that it has raised a $5 million
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EarlySense Sells Contact-Free Monitoring IP to Hilrom for $30M

by Fred Pennic 02/01/2021 Leave a Comment

EarlySense Sells Contact-Free Monitoring IP to Hilron for $30M

What You Should Know: - Today, health AI/predictive analytics company EarlySense announced that it has sold its proprietary contact-free continuous monitoring technology intellectual property (IP) to Hillrom for a cash consideration of $30 million, potential payments based on the achievement of certain commercial milestones, and a portion of Hillrom’s equity investment in EarlySense. - As part of the agreement, EarlySense will receive licensing for
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Cellino Closes $16M Seed Financing led by The Engine and Khosla Ventures to Automate and Scale Stem Cell Manufacture

by Jasmine Pennic 02/01/2021 Leave a Comment

Cellino Closes $16M Seed Financing led by The Engine and Khosla Ventures to Automate and Scale Stem Cell Manufacture

What You Should Know: - Cellino, a Cambridge, MA-based personalized regenerative medicine company developing an AI-guided laser editing platform for autologous cell-based therapies, today announced the closing of a $16M Seed financing round. The round was co-led by The Engine and Khosla Ventures, with participation from Humboldt Fund and 8VC. - The company’s platform solves a time-consuming, major bottleneck of developing drugs that rely on cell therapy, having to
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The Combination of 5G and AI Will Transform Healthcare in 2021

by Bryan Lubel, Executive Vice President, Connected Health of KORE 01/29/2021 Leave a Comment

5G and AI Will Change Healthcare in 2021

Not many will disagree that the global pandemic has accelerated the use of technology in healthcare. With a healthcare system stressed to a breaking point, medical professionals have had to prioritize critical cases and increasingly turn to technology tools such as telemedicine and remote patient monitoring to manage the needs of their non-COVID patients.  As we begin to look beyond the pandemic, we will not only have the lessons of this time but improved tools to support the delivery of
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Sharecare Acquires AI-Enabled Digital Transformation Platform doc.ai

by Fred Pennic 01/28/2021 Leave a Comment

Sharecare Acquires AI-Enabled Digital Transformation Platform doc.ai

What You Should Know: - Sharecare acquires doc.ai to expand its engineering expertise, accelerate digital transformation of healthcare through innovative AI platform for an undisclosed sum. - Founded in 2016, the company licenses AI modules and creates products for a portfolio of clients, including payers, pharma and providers. - As part of the acquisition, Anthem will now become a strategic partner with Sharecare. Sharecare, the digital health company that helps people manage all
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