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

Waystar Launches AI/RPA Platform to Automate Revenue Cycle Processes

by Jasmine Pennic 02/24/2020 Leave a Comment

Waystar Launches AI-Powered Platform to Automate Revenue Cycle Processes

- Waystar Launches Hubble, an artificial intelligence and automation platform, Hubble that automates revenue cycle processes to help providers collect payment faster and more effectively. - The platform uses AI to help providers fix outdated and inefficient billing processes -- helping hospitals that are struggling financially, as well as helping patients avoid issues like surprise medical bills, by improving accuracy and price transparency.  Waystar, a Chicago, IL-based provider of
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KLAS Healthcare BI & Analytics Report: Is Microsoft Gaining Momentum?

by Jasmine Pennic 02/21/2020 Leave a Comment

KLAS Healthcare BI & Analytics Report: Is Microsoft Gaining Momentum?

- New KLAS report finds Microsoft’s business intelligence (BI) solution has surged in the healthcare BI and analytics market, due largely to the option of packaging the solution with Azure, Microsoft’s cloud data storage solution. - KLAS report finds Microsoft is tied with Health Catalyst for the second most considerations in healthcare BI and wins nearly all deals in which they are considered. The healthcare business intelligence (BI) and analytics market has become crowded, with
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Patient Financial Engagement Startup MedPilot Raises $1.5M to Fuel Expansion

by Fred Pennic 02/20/2020 Leave a Comment

Patient Financial Engagement Startup MedPilot Raises $1.5M to Fuel Expansion

- Patient financial engagement startup MedPilot raises $1.5M in funding to fuel its next stage of growth, bringing its total to date to $3.6M. - MedPilot’s patient financial relationship platform transforms patient billing through customized outreach tailored to people's preferences. MedPilot, a Cleveland, OH-based patient financial engagement company announced it has raised $1.5M in funding led by JumpStart, TurnCap, Northcoast Fund, Wavemaker Three-Sixty Health, Valley Growth
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Scientists Develop Machine Learning Algorithms Using EMR Data to Predict Dementia

by Jasmine Pennic 02/17/2020 Leave a Comment

EMR Mantras EHRs

- Researchers develop and tested machine learning algorithms using EMR data to identify patients who may be at risk for developing Alzheimer's disease and related dementias. - Researchers gathered data on patients from the Indiana Network for Patient Care using the information on prescriptions and diagnoses, which are structured fields, as well as medical notes, which are free text, to predict the onset of dementia. Information gathered from routine visits to the doctor is enough to
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Medtronic Acquires AI-Powered Surgical Simulation Platform Digital Surgery

by Fred Pennic 02/17/2020 Leave a Comment

Medtronic Acquires AI-Powered Surgical Simulation Platform Digital Surgery

- Medtronic acquires Digital Surgery, a London-based provider of artificial intelligence (AI) driven surgical data and analytics company Digital Surgery for an undisclosed sum. - The acquisition will accelerate Medtronic’s strategy to provide AI and data within laparoscopic and robotic-assisted surgery. Medtronic, a global provider of medical technology solutions and services, announced the acquisition of Digital Surgery, a London-based privately-held pioneer in surgical artificial
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PhysIQ Expands Patent Portfolio for Artificial Intelligence Analytics in Wearables

by Jasmine Pennic 02/13/2020 Leave a Comment

PhysIQ Expands Patent Portfolio for Artificial Intelligence Analytics in Wearables

- PhysIQ awarded patents for a game-changing deep net approach to estimating functional capacity daily from continuous wearable sensor data. - PhysIQ’s adds yet another patent to its extensive portfolio on personalized physiology analytics powered by the similarity-based modeling machine learning approach. PhysIQ continues to receive recognition for the novelty and value of its technology with the announcement of two new patent allowances by the US Patent & Trademark Office on
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Advanced Healthcare Supply Chains: Why It’s All in the Data

by Josh Skiba, Product and Portfolio Manager, GHX 02/10/2020 Leave a Comment

Supply chain data, along with cloud technology, artificial intelligence, and advanced analytics, will fuel the next wave of improvement in healthcare

During the past decade, the healthcare industry has undergone an unprecedented technological transformation. The industry, once defined by manual processes, has moved squarely into the digital age. As patients, we’ve all become accustomed to seeing physicians as well as clinical staff use laptops during office visits. And behind the scenes, hospitals and health networks have made substantial investments in financial and HR systems, among others.  One of the more significant digital
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CitiusTech Inks Partnership with Google Cloud to Accelerate Digital Transformation

by Fred Pennic 02/10/2020 Leave a Comment

CitiusTech Inks Partnership with Google Cloud to Accelerate Digital Transformation

- CitiusTech announces partnership with Google Cloud to accelerate digital transformation for healthcare organizations. - This partnership brings together Google Cloud’s technology and CitiusTech’s proven understanding of the complex healthcare environment. CitiusTech, a leading provider of healthcare technology services and solutions, today announced a partnership with Google Cloud to accelerate digital transformation and cloud adoption across healthcare organizations. As a Google
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XIFIN Introduces Transformative AI-Enabled Revenue Cycle Platform

by Jasmine Pennic 02/07/2020 Leave a Comment

XIFIN Introduces Transformative AI-Enabled Revenue Cycle Platform

- The latest version of XIFIN’s flagship RCM platform optimizes cash collections, enables real-time connectivity and error correction, and provides enhanced self-service for patients and physicians.- Unlike other RCM systems that require manual efforts once the claims are denied, XIFIN RPM 11 reduces costs and delivers denials and appeals process automation, including automatic generation of payor-specific appeal forms and appeal letters.Today’s diagnostic laboratory leaders face more challenges
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Hg Takes Majority Holding in Intelerad: 3 Major Implications to Know

by Steve Holloway, Director at Signify Research 02/06/2020 Leave a Comment

Hg Takes Majority Holding in Intelerad: 3 Major Implications to Know

- On 23rd Jan 2020, Hg Capital announced it had agreed to acquire a majority stake in imaging IT software vendor Intelerad Medical Systems from previous majority stake owners Novacap. - The founders, management and employee shareholders at Intelerad will be reinvested, with Novacap remaining as a minority shareholder. - The company has undergone significant growth in the last four years, announcing a USD75m R&D program in 2019 and acquiring imaging IT workflow specialist Clario Medical
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