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

The Gains and Pains of Using AI in the Pharmaceutical Industry

by Michael Galarnyk, AI Evangelist at cnvrg.io 10/25/2022 Leave a Comment

The Gains and Pains of Using AI in the Pharmaceutical Industry

The costs for drug discovery and development are skyrocketing, but AI (artificial intelligence) is introducing new efficiencies to help find effective treatments faster. A study in 2020 concluded that the estimated median capitalized research and development cost per product was $985 million. Contributing factors to this included larger trial sizes, the need to assess health technology, the requirement to provide data on comparative drugs’ effectiveness, and most
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Clarius Marketplace Launches for AI Ultrasound Innovators

by Fred Pennic 10/25/2022 Leave a Comment

Clarius Marketplace Launches for AI Ultrasound Innovators

What You Should Know: - Clarius Mobile Health, a leading provider of high-definition wireless ultrasound systems, today announced Clarius Marketplace, a new platform that enables ultrasound innovators to bring their AI-powered software solutions to market faster by integrating with the Clarius ecosystem, which includes 10 wireless ultrasound scanners and advanced Software-as-a-Service. - Clarius members will gain access to solutions designed to streamline ultrasound training,
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Mayo Clinic Proceedings Launches Expansion Journal Focused on Digital Health

by Syed Hamza Sohail 10/19/2022 Leave a Comment

New Mayo Clinic Proceedings Launches Expansion Journal Focused on Digital Transformation

What You Should Know: - Mayo Clinic will launch a new Mayo Clinic Proceedings expansion journal on digital health, with the first issue to be published in early 2023. Articles will be published ahead of issue as they are accepted.   - The journal, Mayo Clinic Proceedings: Digital Health, will focus on the digital transformation that is reshaping healthcare. It will join Mayo Clinic Proceedings: Innovations, Quality & Outcomes, an open-access journal edited by Taimur
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Prenuvo Raises $70M for Whole Body MRI Scans

by Fred Pennic 10/18/2022 Leave a Comment

Prenuvo Raises $70M for Whole Body MRI Scans

What You Should Know: - Prenuvo, an Redwood City, CA-based advanced, radiation-free whole body imaging for early detection of cancer and other diseases raises $70M in Series A equity and debt funding led by Felicis, with participation from existing investors including Tony Fadell, NYT bestseller author and founder of Nest; Dr. Timothy A. Springer, Lasker award recipient; Anne Wojcicki, CEO of 23&Me; Steel Perlot, with Eric Schmidt as chairman; entrepreneur Rande Gerber; and wellness
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Deloitte Report: State of AI & Adoption in Healthcare

by Syed Hamza Sohail 10/18/2022 Leave a Comment

Deloitte State of AI and Adoption in Healthcare

What You Should Know: - To provide valuable industry insight, Deloitte has released its State of AI 5th edition research report, which surveys global business leaders and executives on how businesses and industries are deploying and scaling AI. - The report includes valuable insights into the healthcare sector’s current successes in deploying AI, including where companies are working to enhance processes around a patient’s journey.  Fuelling the AI Transformation: Four Key Actions
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Eyenuk Raises $26M for AI-Powered Eye Screening & Predictive Biomarkers

by Syed Hamza Sohail 10/17/2022 Leave a Comment

Eyenuk Raises $26M for AI-Powered Eye Screening & Predictive Biomarkers

What You Should Know: - Eyenuk, Inc., a global artificial intelligence (AI) digital health company and the leader in real-world applications for AI Eye Screening™ and AI Predictive Biomarkers™, today announced it has secured $26 million in a Series A financing round, bringing the Company’s total funding to over $43 million. - The capital raise was led by AXA IM Alts and was joined by new and existing investors including T&W Medical A/S, A&C Foelsgaard Alternativer ApS, Kendall
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Imprivata Expands Its Integrated Digital Identity Platform

by Jasmine Pennic 10/17/2022 Leave a Comment

The Imprivata Report on the Economic Impact of Inefficient Communications in Healthcare

What You Should Know: - Digital identity company, Imprivata, today announced the extension of its integrated digital identity platform, creating the only solution to accelerate identity intelligence through simplified visibility of user activity.   - Currently, an alarming 51% of organizations don’t monitor access to critical systems and data, making it extremely difficult to remain compliant with regulations while preventing data hacks and
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Philips Expands ClarifEye AR Surgical Navigation in Japan

by Syed Hamza Sohail 10/14/2022 Leave a Comment

Philips Expands ClarifEye AR Surgical Navigation in Japan

What You Should Know: - Royal Philips, a global leader in health technology, recently announced the expanded rollout of its augmented reality (AR) surgical navigation solution - ClarifEye - to Japan, highlighting positive results in the first patients treated by the International University of Health and Welfare, Mita Hospital using this innovative 3D AR solution. - Installed on a Philips interventional X-ray system in a hybrid operating room at Mita Hospital, ClarifEye helped the
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Gradient AI Acquires Healthcare Analytics Business Unit from Prognos Health 

by Fred Pennic 10/14/2022 Leave a Comment

Gradient AI Acquires Healthcare Analytics Business Unit from Prognos Health

What You Should Know: - Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, recently announced that it has acquired Prognos Health’s analytics business underwriting unit to leverage data from the company’s large collection of integrated medical records and lab data via its real-world data marketplace. - The acquisition will enable Gradient AI to expand its medical database capabilities by integrating Prognos Health’s data
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Growing Surgical Revenue, OR Automation Named Top Priority for Health Systems

by Syed Hamza Sohail 10/12/2022 Leave a Comment

Growing Surgical Revenue, OR Automation Named Top Priority for Health Systems q

What You Should Know: - Increasing surgical services revenue is a top priority for healthcare systems, with automation seen as a way to accomplish it, according to a new survey of healthcare executives conducted by The Health Management Academy. - Seventy-six percent of respondents named increasing surgical services revenue as a top priority, while half the health systems represented said they plan to increase investments across their surgical services in the next two
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