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

AI in Healthcare Is Exciting, However, It Is No Reason to Overpay For It

by Irv Lichtenwald , CEO of Medsphere Systems Corporation 09/20/2019 Leave a Comment

Medsphere CEO Talks Affordable Healthcare IT and Future of EHRs

Eventually, many conversations about artificial intelligence (AI) include HAL. An acronym for Heuristically programmed ALgorithmic computer, HAL played a prominent and disconcerting role in Stanley Kubrick’s mind-bending 1968 film 2001: A Space Odyssey. In the film, sentient computer HAL learns that the humans suspect it of being in error and will disconnect it should that error be confirmed. Of course, HAL is having none of that, and terror ensues. So influential was
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InsightRX Lands $10M for Precision Medicine Dosing at the Point of Care Platform

by Fred Pennic 09/19/2019 Leave a Comment

InsightRX Raises $10 Million to Enable Precision Dosing at Point of Care

- InsightRX raises $10M led by HealthX Ventures to accelerate the adoption of its precision dosing at the point of care platform. - The platform leverages patient-specific data, pharmacology models, and machine learning to understand each patient’s unique pharmacological profile to guide treatment decisions. - InsightRX plans to use the new funding to deepen its integration capabilities, broaden development across additional therapeutic areas, and continue its expansion into health
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Novant Health Taps Jvion As Inaugural Partner for its Institute of Innovation & Artificial Intelligence

by Jasmine Pennic 09/18/2019 Leave a Comment

Novant Health Launches Institute of Innovation & Artificial Intelligence for Patients Novant Health Forms Digital Health and Engagement Business Division

- Novant Health names Jvion as the inaugural partner for their Institute of Innovation and Artificial Intelligence. - Together, Jvion will identify Novant patients with a preventable risk of CHF readmission and recommend patient-specific interventions to prevent readmission.Today, Novant announced the inaugural partner for their Institute of Innovation and Artificial Intelligence would be Jvion, a leader in prescriptive analytics for preventable harm. Together, they aim to use Jvion's AI-enabled
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3 Ways AI and Machine Learning Are Reshaping Medical Records

by David Dyke, VP, Product Management, Provider & Life Sciences for Ciox Health 09/18/2019 Leave a Comment

3 Ways AI and Machine Learning Are Reshaping Medical Records

Since at least 2012, the world of medical records in both the public and private sectors remains dominated by a push toward interoperable data, and more broadly useful health data. Like everything else in American healthcare, the effort has been only moderately successful despite a price tag in the billions. In a modern digital world, where technologies in so many industries are bringing better insights and next generation efficiency – driven by cloud computing, big data, AI and machine learning
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HMS Acquires Population Health Analytics Company VitreosHealth for $36M in Cash

by Fred Pennic 09/17/2019 Leave a Comment

HMS Acquires Population Health Analytics Company VitreosHealth for $36M in Cash

 - HMS Holdings Corp acquires VitreosHealth, the first Insights-as-a-Service delivery model for advanced population health analytics for $36M in cash. - HMS is currently using VitreosHealth’s technology as the predictive analytics engine for HMS’ Elli, a risk intelligence solution that is part of the company’s integrated Population Health Management (PHM) portfolio.HMS believes the integration of VitreosHealth will enhance our predictive modeling and analytics capabilities within its PHM
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Navigating Cancer Lands $26M to Expand Oncology Patient Relationship Management Platform

by Fred Pennic 09/17/2019 Leave a Comment

Navigating Cancer Lands $26M to Expand Oncology Patient Relationship Management Platform

- Navigating Cancer raises $26M in Series D funding in an over-subscribed round (TTCP) for its comprehensive oncology patient relationship management solution. - Navigating Cancer’s PRM platform helps providers manage patient interactions, improve the patient experience, and deliver value-based care more effectively – increasing the flow of communications between in-office visits, which, in turn, boosts patient engagement in their own care. - Funding will enable NC to accelerate innovation of
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Drugmaker Bayer to License One Drop’s Digital Diabetes Management Platform, Leads $40M Series B Funding

by Fred Pennic 09/17/2019 Leave a Comment

Apple to Sell One Drop’s Blood Glucose Monitors in Select Retail Stores

- Drugmaker Bayer leads One Drop’s $40M Series B funding round and enters commercial agreement to license One Drop's digital diabetes management platform in its global bio-digital efforts in therapeutic areas. - Bayer will leverage One Drop's data science and predictive capabilities, and harness its mobile platform to deliver innovative bio-digital solutions across a broad array of therapeutic areas.- One Drop provides personalized health programs to drive sustainable behavior change as part of
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Backed by Optum Ventures, Kaia Health Raises $8M for AI-Driven Digital Therapeutics for Back Pain & COPD

by Fred Pennic 09/17/2019 Leave a Comment

Backed by Optum Ventures, Kaia Health Raises $8M for AI-Driven Digital Therapeutics for Back Pain & COPD

- Digital therapeutics startup Kaia Health raises $8M in funding led by Optum Ventures to support the accelerated execution of clinical trials required to demonstrate efficacy to the FDA.- Kaia Health utilizes multimodal therapy, which combines physical, psychological and educational elements to relieve back pain at home, without medication.- Optum’s investment in Kaia Health will consider use of Kaia Health’s digital therapeutic offerings for back pain and COPD with Optum and UnitedHealth
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Change Healthcare Unveils AI-Infused Charge Capture for Providers

by Jasmine Pennic 09/16/2019 Leave a Comment

Change Healthcare Unveils AI-Infused Charge Capture for Providers

- Change Healthcare unveils a new AI solution, Charge Capture Advisor that will help providers capture more revenue—automatically. - Charge Capture Advisor identifies potentially missing charges for services that providers performed before claims are submitted. - Change Healthcare’s AI for charge capture is trained on more than 500 million service lines and 180 million unique, de-identified claims that touch $245 billion in charges. Change Healthcare today introduced Charge
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4 Steps Healthcare Organizations Need to Take to Automate Their Data

by Alex Gorelik, CTO and Founder of Waterline Data 09/16/2019 Leave a Comment

4 Steps Healthcare Organizations Need to Take to Automate Their Data

According to IDC, all the data that’s being created and captured in healthcare is projected to grow by 36 percent (CAGR)—more than any other industry. While managing growing volumes of data is a common challenge for many organizations across all sectors, healthcare is uniquely set apart by the sheer number of new data sources that’s being made available—with new sources being added all the time. This is driven in large part by advancements in telemedicine, personalized or precision medicine, as
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