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

March 2019 News, Merger & Acquisition, IPO, Public Company Performance Summary

by Fred Pennic 04/06/2019 Leave a Comment

A brief summary of noteworthy news, health IT M&A activity, IPOs, and public company performance during the month of March. Noteworthy News Amazon, JP Morgan, Berkshire Names New Joint Venture Haven Amazon, J.P. Morgan, and Berkshire Hathaway name joint venture Haven. In January 2018, the three founding companies announced plans to create this independent organization, now called Haven, which is free from profit-making incentives and constraints. Haven’s focus is the 1.2 million
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Innovaccer Launches AI-Assisted Solution to Address the Social Determinants of Health

by Fred Pennic 04/04/2019 Leave a Comment

Innovaccer Launches AI-Assisted Solution to Address the Social Determinants of Health

Innovaccer Inc., the leading San Francisco-based data activation company, announced today the launch of its SDOH Management solution tailored to capture SDOH data and leverage it to deliver enhanced care, powered by its Data Activation Platform. Created after months of extensive research & development (R&D), Innovaccer's goal of the solution is to empower physicians and care teams with visibility into the social needs of their patients, right in the moment of care. How Non-Clinical
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Healthgrades Launches AI-Powered CDP Platform to Improve Patient Experience

by Fred Pennic 04/04/2019 Leave a Comment

Healthgrades Launches AI-Powered CDP Platform to Improve Patient Experience

Today, Healthgrades announced the first Customer Data Platform (CDP) built for healthcare. Healthgrades CDP – powered by AI & Deep Learning tech - will allow health systems to bring together once disparate data into a single platform. It will provide health systems with a holistic view of patients, with the long term goal of transforming and personalizing the patient experience. Healthgrades Benefits Healthgrades CDP will also serve as the underlying data management solution for powering CRM
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Medical Informatics Corp. Raises $11.9M for FDA-Cleared Patient Monitoring and Predictive Analytics Platform

by Fred Pennic 04/03/2019 Leave a Comment

Medical Informatics Corp. Raises $11.9M for FDA-Cleared Patient Monitoring and Predictive Analytics Platform

Medical Informatics Corp. (MIC), a Houston, TX-based provider of an FDA-cleared patient monitoring and predictive analytics platform has raised $11.9M in Series A funding led by Data Collective Venture Capital (DCVC) with significant participation from Intel Capital and the Texas Medical Center (TMC) Venture Fund.The Inaccurate State of Today’s Predictive Analytics in Hospital SystemsHospital systems across the country are searching for ways to use machine learning and AI to get ahead of
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CMS Launches $1.65M Artificial Intelligence Health Outcomes Challenge

by Fred Pennic 03/29/2019 Leave a Comment

CMS Launches $1.65M Artificial Intelligence Health Outcomes Challenge

This week, the Centers for Medicare & Medicaid Services (CMS) announced the launch of their first-ever Artificial Intelligence Health Outcomes Challenge. The three-stage competition accelerates artificial intelligence (AI) solutions to better predict health outcomes such as unplanned hospital and skilled nursing facility admissions and adverse events for potential use by the Innovation Center in testing innovative payment and service delivery models under the authority of section 1115A of
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Sutter Health, Suki to Pilot AI-Powered, Digital Voice Assistant with Doctors in Northern California

by Fred Pennic 03/26/2019 Leave a Comment

Sutter Health, Suki to Pilot EHR Integrated, Voice-Enabled Digital Assistant with Doctors in Northern California

Not-for-profit Sutter Health network, today announced it is teaming up with Suki to pilot an artificial intelligence (AI)-powered voice-enabled digital assistant with doctors in Northern California. Using a combination of commands, the voice-enabled tool will help create a clinically accurate note that will integrate with Sutter’s Epic EHR system to maximize time with patients.Digital Voice Assistant Pilot Overview & BenefitsAs part of the collaboration, Sutter will initially introduce Suki
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Stanford Opens Institute for Human-Centered Artificial Intelligence

by Fred Pennic 03/19/2019 Leave a Comment

Stanford Opens Institute for Human-Centered Artificial Intelligence

  Stanford University announced it is opening the Stanford Institute for Human-Centered Artificial Intelligence (HAI) with the mission to advance artificial intelligence (AI) research, education, policy, and practice to improve the human condition. The institute will work closely with companies across sectors, including technology, financial services, health care, and manufacturing, to create a community of advocates and partners at the highest level.    Formally launched at a symposium
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Stanford Health Taps Lumeris to Optimize Medicare Advantage Plan

by Jasmine Pennic 03/19/2019 Leave a Comment

Lumeris, Stanford Health Partner to Optimize Medicare Advantage Plan

Stanford Medicare Advantage plan seeks sustainable value-based care growth and continued innovations to serve seniors in collaboration with Lumeris.Lumeris, a provider of value-based care, and Stanford Health Care are partnering on a long-term collaboration for the further development of Stanford Health Care Advantage, a Medicare Advantage (MA) plan in Northern California. Once finalized, Lumeris will help optimize and grow the MA plan throughout the region and support Stanford Health Care's
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4 Pillars of Value for AI in Medical Imaging

by Simon Harris and Dr. Sanjay Parekh, PhD at Signify Research 03/19/2019 Leave a Comment

4 Pillars of Value for AI in Medical Imaging

At ECR this year, there were over 25 independent software vendors (ISVs), many of them start-ups, showcasing artificial intelligence (AI) solutions for medical imaging within a dedicated space. Additionally, with established imaging vendors foraying into the AI space, what was once the hype is now in the early stages of market maturity, and, it appears, AI within medical imaging is here to stay. The question has now shifted to what clinical value AI solutions can provide, rather than if AI is
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CAQH Develops AI Solution to Improve Provider Directory Accuracy

by Fred Pennic 03/14/2019 Leave a Comment

CAQG Develops AI Solution to Improve Provider Directory Accuracy

CAQH's AI tech identifies incorrect provider data and improves the accuracy of directories without bothering the provider CAQH has developed patent-pending artificial intelligence (AI) technology to identify incorrect healthcare provider data and improve the accuracy of directories without contacting the provider. In fact, this AI tech has the potential to save health plans $91 million annually. Challenge of Maintaining Accurate Provider Directories Maintaining accurate provider directories
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