Bain-Capital-backed revenue cycle management company Waystar is acquiring Digitize.AI, an artificial intelligence firm, to enable faster and smarter prior authorizations in healthcare – one of the largest pain points for both providers and consumers.Financial Impact of Prior AuthorizationsPrior authorizations, the process by which insurance companies and payers determine if they will cover a prescribed procedure or medication, are meant to help patients avoid surprise bills and unexpected
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
Medsphere Integrates CloudMedx AI Engine With CareVue EHR Platform
Medsphere Systems Corporation, the leading provider of affordable and interoperable healthcare information technology (IT) solutions and services, announced the integration of Artificial Intelligence (AI) capabilities to the company’s comprehensive CareVue electronic health record (EHR) platform. CareVue’s complete clinical and financial suite of applications now include an AI engine developed by CloudMedx that gives clinicians and administrators the power to pull meaningful and actionable
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6 Considerations For Creating A Robust Healthcare Data Analytics Program
Healthcare organizations are increasingly turning to data analytics to solve their toughest business challenges. As information becomes less siloed, and technology systems do a better job of both generating and sharing data, organizations are seeing the need to more precisely identify patterns to predict patient needs, anticipate resources and improve processes. There is now as much emphasis on making the data work as there was on collecting data, so it can affect change.
Unfortunately,
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Cigna Leads $23M Series D in Specialized AI Company, GNS Healthcare
Today, Cigna Ventures (CV), the corporate venture fund of global health service company Cigna, announced that it’s leading a $23M Series D round of funding in GNS Healthcare (GNS), a highly specialized AI company that turns millions of data streams into personalized insights that precisely match the appropriate clinical care/treatment intervention to the right patient at the right time.Cigna joins other leading carriers and health plans and GNS investors, including Cambia Health Solutions, Echo
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Can AI Transform Patient Care from Reactive Craft to Strategic Art?
Personalized Analytics is becoming essential in healthcare, stemming from the movement from fee-for-service to a value-based market. The need to preempt and prevent disease on a more personal level, rather than merely reacting to symptoms, has created a significant opportunity for machine learning-based applications. This “analytics of one” approach (using advanced mathematical models and artificial intelligence techniques) is already impacting several key areas:
1. Medical imaging is utilizing
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AI in Healthcare: Enhancing Risk Models to Predict the Future Cost of Care
Traditionally, providers and health systems have relied on claims-based risk models, such as the CMS-HCC, ACG, and DxCG, which were built to forecast the risk of populations, but not at an individual level. While these models give a fairly good estimation of the risk of the population, they exhibit unsatisfactory estimation if used to predict the risk at an individual level.Innovaccer Inc., a healthcare data activation company, has taken a major step towards revolutionizing the way we identify
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Pilot Study: Lark Health’s AI-Driven Diabetes Management Program Decreased A1c by 1.1 Points
Lark Health, a chronic disease prevention and management platform has released initial results from a pilot study of its Diabetes Management Program (Lark DMP). After an average of four months, the Lark DMP users reported a significant reduction in A1c levels of 1.1 points, from 8.5 to 7.4 percent.Lark Diabetes Management Program OverviewThe Lark DMP, which uses conversational artificial intelligence (AI), rather than live telephonic nurses, was developed with the collaboration of industry and
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Belong.Life Raises $14M to Expand AI-Powered Social Network for Cancer Patients
Belong.Life, creators of the "Belong - Beating Cancer Together" mobile app, the world's largest social network and navigator app for cancer patients, caregivers and healthcare professionals announced it has raised $14M in Series B funding led by IQVI. The Series B round also included participation from The Group Ventures and other existing investors.Founded in 2015 by noted entrepreneurs Eliran Malki, Irad Deutsch and Ohad Rubin after each lost relatives to cancer, Belong - Beating Cancer
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Cedars-Sinai Accelerator Reveals 5th Class of 11 Digital Health Startups
Cedars-Sinai Accelerator, today announced 11 new digital health startups selected to participate in its fifth class from across the United States and Europe. From artificial intelligence to a smart brace for knee replacement patients, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program. Through their innovations, the companies seek to address some of healthcare’s most pressing challenges,
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Survey: Only 20% of Consumers Would Trust AI-Generated Advice for Healthcare
Artificial intelligence (AI) has no role in consumer healthcare, according to a recent survey commissioned by Invoca and conducted online by The Harris Poll among over 2,000 U.S. adults. The survey reveals only one in five (20%) would trust AI-generated advice for healthcare information.Consumers Prefer Humans Over AIPhone calls are the winning channel for healthcare when it comes to completing a transaction, with 32% of consumers preferring to do so over the phone compared to 30% in-person and
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