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

M&A Analysis: 3 Benefits of Siemens Healthineers’ $16.4B Acquisition of Varian Medical

by Steve Holloway, Director at Signify Research 08/07/2020 Leave a Comment

M&A Analysis: 3 Benefits of Siemens Healthineers $16.4B Acquisition of Varian Medical

What You Should Know: - Siemens Healthineers and Varian Medical announce a $16.4B deal in an all-cash transaction on 2nd August 2020. - Deal expected to close in 1H 2021. - Varian Medical will maintain its brand name and operate “independently” - Siemens AG will drop holding in Siemens Healthineers from 85% to 72% as part of the transaction. News of the deal between Siemens Healthineers and Varian Medical will have caught many industry onlookers off guard on Sunday evening.
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Blue Shield of CA Taps Cricket Health to Offer AI-Driven, Personalized Kidney Care Plans for Members At No Cost

by Fred Pennic 08/06/2020 Leave a Comment

Blue Shield of CA Taps Cricket Health to Offer AI-Driven, Personalized Kidney Care Plans for Members At No Cost

What You Should Know: - Blue Shield of CA and kidney care provider Cricket Health announced a partnership to offer a personalized, virtual, multidisciplinary care available for members with kidney disease or kidney failure at no extra cost - By offering remote care, via phone or virtually online, Cricket Health’s approach to kidney care is designed to keep Blue Shield members living with kidney disease healthy at home, and out of clinics or hospitals whenever possible.  Health
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Ciox Health Acquires Biomedical NLP Company Medal

by Jasmine Pennic 07/28/2020 Leave a Comment

Ciox Health Acquires Biomedical NLP Company Medal

What You Should Know: - Ciox Health has acquired Medal, Inc., a biomedical Natural Language Processing (biomed-NLP) technology company. - The acquisition will lead Ciox to better and more quickly enable real-world data in support of research that advances patient care. Ciox Health, a leading health technology company, today announced its acquisition of San Francisco-based biomedical Natural Language Processing (biomed-NLP) technology company, Medal, Inc., a leader in
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Sharecare Acquires WhiteHatAI to Enhance Healthcare Payment Integrity

by Fred Pennic 07/27/2020 Leave a Comment

Sharecare Acquires AI Company WhiteHatAI to Enhance Healthcare Payment Integrity

What You Should Know: - Sharecare acquires WhiteHatAI to provide health plan and provider clients with additional capabilities to ensure healthcare payment integrity  - WhiteHatAI’s ability to detect erroneous claims before they are paid will help Sharecare’s health plan partners reduce costs associated with FWA. - Sharecare will integrate WhiteHatAI’s capabilities to foster deeper engagement by enabling patients to both verify recent medical procedures and report
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Israeli Hospital Launches Rapid COVID-19 Detection Tests Pilot Program

by Jasmine Pennic 07/23/2020 Leave a Comment

Israeli Hospital Launches Rapid COVID-19 Detection Tests Pilot Program

What You Should Know: - The Middle East’s largest hospital, Sheba Medical Center in Israel, just launched a breakthrough rapid COVID-19 detection test pilot program that enhances virus detection spectral technology and adapts it into rapid coronavirus testing. - The innovative process uses an artificial intelligence algorithm to separate the profile of a person infected with a specific virus, from someone else who has a different virus or that of another healthy person.  Israel’s
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Caption Health AI Awarded FDA Clearance for Point-of-Care Ejection Fraction Evaluation

by Jasmine Pennic 07/23/2020 Leave a Comment

FDA Expedites Clearance for AI Ultrasound Solution to Fight COVID-19

What You Should Know: - Caption Health AI is awarded FDA 510(k) clearance for its innovative point-of-care ejection fraction evaluation. - Latest AI ultrasound tool makes it even easier to automatically assess ejection fraction, a key indicator of cardiac function, at the bedside--including on the front lines of the COVID-19 pandemic. Caption Health, a Brisbane, CA-based leader in medical AI technology, today announced it has received FDA 510(k) clearance for an updated version of
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Virtually or In-Person, Automation Improves The Healthcare Experience

by Muthu Alagappan, MD, Medical Director at Notable Health 07/22/2020 Leave a Comment

Virtually or In-Person, Automation Improves The Healthcare Experience

The COVID-19 pandemic has caused an unprecedented shift in the way consumers view and access a variety of goods and services—and healthcare is no exception. Recent studies show that many patients, including vulnerable populations like those living with cancer, are delaying recommended care and procedures—and will continue to do so for at least several months amid fears over the safety of in-person visits. In response, reports of providers adapting to offer care virtually are all the more
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Activ Surgical Raises $15M Advance Autonomous and Collaborative Surgery

by Fred Pennic 07/16/2020 Leave a Comment

Activ Surgical Raises $15M Advance Autonomous and Collaborative Surgery

What You Should Know: - Digital surgery pioneer Activ Surgical raises $15M in funding led by ARTIS Ventures to accelerate U.S. commercialization and European expansion efforts for its ActiveEdge platform, which enables existing surgical systems, from scopes to robots, to visualize, characterize and track tissue, in real-time beyond today’s human capability.  - ActivSight, is an easy-to-adapt, connected imaging module that seamlessly attaches to today’s laparoscopic and arthroscopic
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Mayo Clinic Performs First Shoulder Arthroplasty Procedure Using Mixed Reality

by Jasmine Pennic 07/16/2020 Leave a Comment

Mayo Clinic Performs First Shoulder Arthroplasty Procedure Using Mixed Reality

What You Should Know: - Mayo Clinic in Rochester, MN performed the first-ever shoulder arthroplasty procedure using Wright Medical’s groundbreaking BLUPRINT Mixed Reality Technology, which provides surgeons a 3-D holographic view of the patient’s pre-operative plan. - The Mixed Reality Application is the latest addition to Wright’s BLUEPRINT ecosystem and enables a surgeon to maintain a direct view of the surgical site and simultaneously visualize and manipulate a
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4 Ways Healthcare Organizations Can Establish Partnerships to Drive Innovation

by Eric Nilsson, CTO, The SSI Group 07/14/2020 Leave a Comment

Nebraska Medicine’s experience points to four ways healthcare organizations can establish partnerships with vendors that drive innovation and performance excellence.

With public and private healthcare spending significantly outpacing that of other countries, U.S. hospitals face intense pressure to find new ways to capture greater value. More and more, organizations are finding that partnerships with existing vendors can help unlock next-level performance gains in a transformative environment. Take Nebraska Medicine, for example. In the early 2000s, the health system created multidisciplinary committees to boost revenue integrity and adopted new revenue
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