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

Learning from Financial Fraud Detection to Tackle Opioid Abuse Amid COVID-19

by Dr. Gidi Stein, MD, Ph.D., Co-Founder and CEO of MedAware 09/30/2021 Leave a Comment

Learning from Financial Fraud Detection to Tackle Opioid Abuse Amid COVID-19

Despite falling from its prominent place in the headlines, America’s opioid crisis is still raging. Anxiety, stress, depression, and isolation caused by the pandemic have contributed to substance use disorders. At the same time, the Drug Enforcement Administration has loosened prescribing restrictions, including waiving the requirement for in-person visits and allowing clinicians to prescribe controlled substances via telemedicine alone. Given these conditions, it is not surprising that over
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Vital Raises $15M to Expand AI-Powered Emergency Department Platform

by Fred Pennic 09/29/2021 Leave a Comment

Vital Raises $15M to Expand AI-Powered Emergency Department Platform

What You Should Know: - Vital, an Atlanta-based artificial intelligence (AI)-powered solution improving patient experience and follow-up visit loyalty in hospital emergency departments (ED) and into inpatient stays, has secured $15M in Series A funding led by Transformation Capital, with a strategic health system joining the round alongside existing investors First Round Capital and Threshold Ventures. Vital’s new ERAdvisor application gives patients and their caregivers in the ED real-time,
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How Machine Learning Is Helping Consumers Take Action on Their Health

by Craig Wigginton, Chief Technology Officer at Icario 09/27/2021 Leave a Comment

The Future is Now: How Machine Learning Is Helping Consumers Take Action on Their Health

For years machine learning (ML) has been touted as a way for health plans to leverage the mounds of data they collect on their members, but practical use cases remain relatively uncommon. For some, the perception may be that ML is a futuristic and somewhat impersonal way to operate, but the exact opposite is true — ML is already being used and is here to stay, and when deployed correctly it actually creates a more personalized experience for members. The first thought might be that ML and
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Clinicians Believe Telehealth Will Make Up Majority of Future Patient Care, Report Finds

by Jasmine Pennic 09/17/2021 Leave a Comment

Clinicians Believe Telehealth Will Make Up Majority of Future Patient Care

What You Should Know: - 76% of patient-facing clinicians believe telehealth will make up a majority of patient care in the near future, according to key findings from Hewlett Packard Enterprise's (HPE) first-ever multi-country Future of Healthcare” Survey.  The new report not only found healthcare clinicians and IT Decision Makers (ITDMs) optimistic about the future of telehealth but 85% of ITDMs noted that IT modernization is now one of the driving forces behind infrastructure investment in
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Healthcare Automation Most Urgent Need to Improve Patient Care, Report Finds

by Fred Pennic 09/17/2021 Leave a Comment

5 Opportunities to Increase Electronic Exchange of Medical Documentation

What You Should Know: Half of the healthcare administrative staff report seeing an increase in the amount of manual data entry in the past 12 months — and 92% of clinicians agree that too much time spent on administrative tasks is a major contributor to healthcare worker burnout. This and other findings are revealed in the new Internet of Healthcare Report, produced by independent research firm Wakefield Research on behalf of Olive. The report uncovers how 1,700 patients, healthcare
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Leveraging Technology to Optimize Staffing Shortages Post-Pandemic

by Bryan Dickerson, Sr. Director, Workforce for Hospital IQ, 09/17/2021 Leave a Comment

Bryan Dickerson, Sr. Director, Workforce for Hospital IQ,

Chronic understaffing and nurse burnout are two of the greatest and long-standing challenges within the healthcare industry. As a result of the pandemic, these challenges were acknowledged more than ever before. Pre-pandemic research highlighted the fact that the nurse vacancy rate in the United States was 9% at the start of 2020, while the average turnover of bedside nurses was 17%. These trends have only accelerated during COVID-19 and during this period of transitioning into a new normal.
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Sorcero Raises $10M for AI-Powered Medical Language Intelligence Platform

by Jasmine Pennic 09/16/2021 Leave a Comment

Sorcero Raises $10M for Medical/Technical Language Intelligence Platform

What You Should Know: - Sorcero, a provider of medical and technical Language Intelligence (LI), today announced the close of a $10M Series A financing round led by CityRock Venture Partners and Harmonix Fund. The round also included participation from Rackhouse, Mighty Capital, and Leawood VC, and joining previous investors, Castor Ventures and Worldquant Ventures, to support the increasing demand from new and existing customers. - Sorcero’s Language Intelligence platform combines the
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Caresyntax Raises Additional $30M for Digital Surgery Platform

by Fred Pennic 09/16/2021 Leave a Comment

Caresyntax Raises Additional $30M for Digital Surgery Platform

- Caresyntax, a digital surgery platform, today announced a $30M extension to its Series C funding round included participation from BlackRock, ProAssurance, and Harmonix. In addition to existing investors such as the Relyens Group and IPF Partners. This extension brings the total Series C funding to $130M. - Caresyntax’s digital surgery platform uses proprietary software and artificial intelligence to analyze large volumes of real-world data in and around the operating room to deliver
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Swift Medical Launches AI Digital Wound App to Support Clinical Trials

by Jasmine Pennic 09/15/2021 Leave a Comment

Swift Medical Launches AI Digital Wound App to Support Clinical Trials

What You Should Know: Global digital wound care provider Swift Medical, today announced the launch of a new application specifically designed to help pharma and med device researchers conduct decentralized clinical trials. Since patients are now doing more trials at home, study coordinators have had trouble tracking skin side effects remotely -- or trusting patients to conduct adequate analysis and recording on themselves. - Swift Medical’s first product, Swift Skin and Wound, provides an
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Edifecs Acquires Talix to Expand Risk Adjustment Solution

by Fred Pennic 09/15/2021 Leave a Comment

Edifecs Acquires Talix to Expand Risk Adjustment Solution

What You Should Know: - Edifecs, a global health IT provider announced it is acquiring Talix, a SaaS IT company, to expand Edifecs’ reach in the encounter management and risk adjustment space. Financial details of the acquisition were not disclosed. - The integration of Edifecs’ and Talix’s technologies will create an expanded risk adjustment solution with critical workflows and insights that improve efficiencies and directly support payer and provider collaboration. Talix
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