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

OncoHost Raises $35M for AI-Powered Precision Oncology Platform

by Fred Pennic 05/10/2022 Leave a Comment

OncoHost Raises $35M for AI-Powered Precision Oncology Platform

What You Should Know: - OncoHost, an AI-powered precision oncology platform, today announced a $35M Series C funding round led by ALIVE Israel HealthTech VC, as well as other prominent investors. Additional investors included leading Israeli financial firm Leumi Partners, Israel’s largest pension fund Menora Mivtachim, OurCrowd and other existing investors. - The funding will go towards expanding OncoHost’s ongoing multicenter PROPHETIC trial as well as support its upcoming
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Cerner & AKASA Partner on AI-Powered Revenue Cycle Automation

by Fred Pennic 05/05/2022 Leave a Comment

AKASA Raises $60M to Automate Revenue Cycle Operations for Health Systems

What You Should Know: - Health IT leader Cerner and AI developer for healthcare operations AKASA announce a partnership to scale automation within the revenue cycle at hospitals and health systems using AI and machine learning. - The collaboration offers Cerner customers access to AKASA’s AI-based Unified Automation® platform which is purpose-built for healthcare. Growing Need for Revenue Cycle Automation Staff shortages are particularly concerning for healthcare revenue cycle
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Axuall’s CEO Talks Why Health Administrators Should Adopt Robotic Process Automation

by Fred Pennic 05/04/2022 Leave a Comment

Axuall’s CEO Talks Why Health Administrators Should Adopt Robotic Process Automation

Axuall’s CEO & Founder, Charlie Lougheed shares why health administration teams should embrace the power of robotic process automation (RPA). Built with leading healthcare systems, Axuall is a workforce intelligence company powered by a national real-time practitioner data network. The technology enables healthcare systems, staffing firms, telehealth, and health plans to dramatically reduce onboarding and enrollment time while also providing unique, powerful data insights for network
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Element5 Secures $30M to Expand Automation for Post-Acute Care

by Fred Pennic 05/03/2022 Leave a Comment

Element5 Secures $30M to Expand Automation for Post-Acute Care

What You Should Know: - Element5, the world’s first Automation-as-a-Service solution purpose-built for post-acute care, today announced that it has raised $30 million in a Series B funding round led by Insight Partners.  With the closing of the Series B funding round, Element5 has raised $48.5M in total capital to date.  - This investment will strengthen Element5’s position and enable the company to continue the disruption of the health care industry’s $400B post-acute
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Hello Heart Raises $70M to Expand Heart Health Solutions

by Fred Pennic 05/02/2022 Leave a Comment

Hello Heart Raises $70M to Expand Heart Health Solutions

What You Should Know: - Hello Heart, the only digital therapeutics company focused exclusively on heart disease, announced a $70M Series D funding round led by Stripes to support its rapid growth in the employer market  - The funding round will specifically support the increase in employer market demand for Hello Heart’s technology as a focus on heart health sharpens. The company has experienced massive growth in the employer market, doubling the number of clients in the last three
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Imagene Raises $21.5M to Expand Image-Based Biomarker Detection for Precision Medicine

by Fred Pennic 05/02/2022 Leave a Comment

Imagene Raises $21.5M to Expand Image-Based Biomarker Detection for Precision Medicine

What You Should Know: - Imagene AI, an emerging leader in the field of AI-based precision medicine for cancer, today announced it raised $21.5 million, comprising $3M in seed funding led by Blumberg Capital and an $18.5M Series A round led by renowned technology-driven cancer medicine investors Larry Ellison, Dr. David Agus, and AI imaging space pioneer Eyal Gura. - The use of AI-based molecular testing in cancer diagnostics is revolutionizing patient care by offering a new level of
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Inspire Medical Systems Invests in AI Startup EnsoData

by Fred Pennic 04/29/2022 Leave a Comment

Inspire Medical Systems Invests in AI Startup EnsoData

What You Should Know: - Inspire Medical Systems has announced its investment in EnsoData, an artificial intelligence (AI) healthcare company helping clinicians uncover disease while patients sleep.  - EnsoData’s technology helps address some of the most intractable problems in healthcare: access and affordability for patients and clinician burnout. By letting doctors and other clinicians use powerful AI to automatically analyze and diagnose diseases while a patient sleeps, EnsoData
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3 Keys to Eliminating Data Breakdowns in Life Sciences

by Sudish Mogul, Chief Technology Officer of Healthcare Triangle. 04/28/2022 Leave a Comment

3-Keys-to-Eliminating-Data-Breakdowns-in-Life-Sciences

Across life sciences, experts boldly predict that data is the new currency—and that mobilizing data from clinical trials, wearable devices and even social media will ignite innovation in 2022. But leveraging data for innovation depends not just on data analytics, but also access to the right data and timely analysis.  As the amount of data that life sciences experts have at their fingertips explodes, with leaders tapping into real-world evidence from smartphone apps, wearable devices and
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Former OptumRx CEO Launches Waltz Health with $33M to Lower Drug Costs

by Digital Health Funding 04/26/2022 Leave a Comment

Former OptumRx CEO Launches with $33M to Low Drug Costs

What You Should Know: - Mark Thierer -- the former CEO of OptumRx who took that role after selling Catamaran to UnitedHealth Group for $13B, today announced the launch of Waltz Health with $35.4M led by GV (Google Ventures) including participation from Define Ventures, Echo Health Ventures, Blue Venture Fund, Byers Capital, and Twine Ventures. Other funding came from a prestigious list of seasoned healthcare executives. - Waltz Health plans to
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DiA Imaging Analysis Partners with Intel to Improve Ultrasound Analysis by 40%

by Fred Pennic 04/26/2022 Leave a Comment

DiA Imaging Analysis Partners with Intel to Improve Ultrasound Analysis by 40%

What You Should Know: - DiA Imaging Analysis Ltd, a global provider of AI-powered ultrasound analysis software, has teamed up with Intel to streamline artificial intelligence (AI) solutions used by echocardiography (Echo) labs. - DiA’s AI-based software, LVivo Seamless™, automatically analyzes cardiac ultrasound images using the Intel® Distribution of OpenVINO™ toolkit, to optimize processing time by over 40% percent while maintaining accuracy. Accelerating Processing Times for AI-Based
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