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

Kareo Acquires RPA-Powered Medical Billing Provider PatientlySpeaking

by Fred Pennic 08/12/2021 Leave a Comment

Kareo Sells Managed Billing Services Business to Health Prime International

What You Should Know: - Kareo, a provider of cloud-based clinical and business management software solutions for independent healthcare practices and billing companies, today announced the acquisition of PatientlySpeaking, a process automation technology company for billing companies and medical practices. - Together with Kareo’s intuitive billing platform, PatientlySpeaking provides an integrated data connection for billing companies and medical practices to automate redundant daily tasks
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Nanox Acquires Medical Imaging Platform Zebra Medical Vision for $200M

by Jasmine Pennic 08/10/2021 Leave a Comment

Nanox Acquires Medical Imaging Platform Zebra Medical Vision for $200M

What You Should Know: -   Nanox, the innovative medical imaging company, today announced the acquisition of Zebra Medical Vision, the deep-learning medical imaging analytics company. - In a deal valued at up to $200M, the medical imaging pioneers will leverage Zebra-Med’s industry-leading team, cutting-edge AI technology, and cloud capabilities, and unprecedented regulatory framework to form the next-generation Medtech juggernaut. - Nanox also announced today that it has
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GE Healthcare Unveils AI-Enabled, Cloud Imaging Solution

by Jasmine Pennic 08/09/2021 Leave a Comment

GE Healthcare Unveils AI-Enabled, Cloud Imaging Solution

What You Should Know: - GE Healthcare unveils its next-generation, cloud-based Picture Archive and Communication System (PACS) designed to address the acute shortage of radiologists and growing demand for imaging scans has put radiology departments under increased strain. Edison True PACS is a transformative system, offering AI-enabled decision support to help radiologists adapt to higher workloads and increased exam complexity, and improve diagnostic accuracy. - Through a web-based
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Rad AI Startup Sirona Medical Emerges from Stealth with $22.5M, Partnerships

by Jasmine Pennic 08/05/2021 Leave a Comment

Rad AI Startup Sirona Medical Emerges from Stealth with $22.5M, Partnerships

What You Should Know: - Sirona Medical, a San Francisco, CA-based company founded on a deep understanding of both the practice and business of radiology, today announced partnerships with radiology practices across the country to develop and bring to market its novel radiology operating system (RadOS). - Sirona's collaboration with five leading national practices including California Advanced Imaging Medical Associates (CAIMA), Hackensack Radiology Group, Triad Radiology Group, among
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Risk Mitigation: Strengthening Trust in AI for Healthcare

by Joachim Roski, Principal at Booz Allen Hamilton and Kathleen Featheringham, Principal at Booz Allen Hamilton 08/03/2021 Leave a Comment

AI in healthcare risk

Better clinical decision support, population health interventions, patient self-care, and research - these are just a few of the promising use cases of artificial intelligence (AI). In addition to its benefits, AI can introduce risks that could potentially undermine trust in AI solutions and need to be addressed. These risks include, among others, promulgating bias inherent in source data; a lack of minimal transparency in computation algorithms; AI performance in a “lab setting” not
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Medtronic Awarded FDA Clearance for 2 AI Algorithms for Cardiac Monitoring

by Fred Pennic 07/30/2021 Leave a Comment

medtronic

What You Should Know: - Medtronic announced U.S. Food and Drug Administration (FDA) clearance for two AccuRhythm™ AI algorithms for use with the LINQ II™ insertable cardiac monitor (ICM) – and the presentation of AccuRhythm AI validation data this week at Heart Rhythm 2021. - AccuRhythm AI applies artificial intelligence (AI) to heart rhythm event data collected by LINQ II, improving the accuracy of information physicians receive so they can better diagnose and treat abnormal heart
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Israeli Startup Aidoc Raises $65M for AI-Powered Medical Imaging Platform

by Jasmine Pennic 07/13/2021 Leave a Comment

Israeli Startup Aidoc Raises $65M for AI-Powered Medical Imaging Platform

What You Should Know: -  Aidoc, a Tel Aviv-based provider of artificial intelligence (AI) solutions for medical imaging, announced it has raised $65M in Series C funding led by General Catalyst, bringing its total funding to $140M. - This Series C round comes on the heels of a surge in demand for Aidoc’s AI-driven solutions, including the largest clinical deployment of AI in healthcare through its partnership with Radiology Partners. - Founded in 2016, Aidoc’s solutions aid
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Banjo Health Lands $5M for AI-Driven Prior Authorization Platform

by Jasmine Pennic 07/13/2021 Leave a Comment

Banjo Health Lands $5M for AI-Driven Prior Authorization Platform

What You Should Know: - Banjo Health, a Washington-based provider of AI-driven prior authorization ("PA") solutions, announced today it has raised in excess of $5 million in Series A financing led by Epsilon Health Investors, with participation from Spark Growth Ventures and Tau Ventures. Epsilon Health Investors Co-Founder and General Partner, Gregory Epstein, will be joining Banjo Health's Board of Directors. - Banjo Health is focused on bringing transparency and automation to PA through
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Zebra-Med Becomes First Company to Receive AI CPT Code for Radiology

by Fred Pennic 07/07/2021 Leave a Comment

Zebra-Med Becomes First Company to Receive AI CPT Code for Radiology

What You Should Know: - Zebra Medical Vision announces it has received the first-ever AI CPT code for radiology, for its VCF detection from CT scans for Population Health, setting a new standard for CPT codes in imaging AI, as the company has successfully done with FDA clearances for its algorithms.  - The new CPT III code was submitted to the AMA’s CPT Editorial Panel, by the American College of Radiology, Radiological Society of North America, American Roentgen Ray Society, and the
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NVIDIA Launches UK’s Fastest AI Supercomputer for Healthcare Research

by Fred Pennic 07/07/2021 Leave a Comment

NVIDIA Launches UK’s Fastest AI Supercomputer to Advance Healthcare Research

What You Should Know: - NVIDIA launched the UK’s fastest supercomputer -- Cambridge-1, the world’s first collaborative, industry-wide system dedicated to accelerating healthcare and digital biology research using powerful combination of AI and simulation. - At the virtual inauguration, NVIDIA CEO and founder Jensen Huang discussed what NVIDIA’s $100 million investment will mean for the UK. He said the system will enable research breakthroughs at a scale and speed previously impossible with
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