Qventus, a hospital operations management solution for health systems that leverages artificial intelligence (AI), announced that it has secured $30M in Series B funding led by Bessemer Venture Partners, with participation from NewYork-Presbyterian Hospital as well as existing investors Mayfield Fund and Norwest Venture Partners. The funding comes at a time when health systems are struggling to provide services to their communities at sustainable margins. The company, which has now raised over
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
Notable Launches EHR-Integrated Voice-Powered Apple Watch App for Physicians
Notable, an emerging digital health startup in voice-powered healthcare has launched the first wearable voice-powered smart assistant for physicians that will transform the healthcare experience. Available as a white labeled solution for wearables, the platform leverages artificial intelligence and voice recognition technology to automate and structure every physician-patient interaction as well as eliminate the vast majority of clinical administrative work. The Notable team consists of
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Suki Lands $20M to Create AI-Driven Alexa for Doctors Platform
Suki, an n AI-powered, voice-enabled digital assistant for doctors that lifts the burden of documentation has raised $20 million that comes from a Series A round led by Venrock with participation from First Round and Social Capital, as well as individual Googlers and angels, Nat Turner of Flatiron Health, and Marc Benioff. Venrock also led the seed round.Founder by former Google and Salesforce executives Punit Soni and Karthik Rajan, Suki's AI-driven voice-enabled digital assistant for doctors
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5 Tips for Protecting Your IoT-enabled Medical Devices
Research shows us that security breaches can greatly impact a healthcare organization’s reputation. Unfortunately, healthcare leaders are stuck in the cross hairs of consumers and hackers. While consumers want transparency, access to information and assurance their personal information will remain safe, hackers are busy compromising patient information at a faster speed than ever before.As healthcare IT organizations strive to become more accessible and “open” to support patient engagement
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Aspire, LG Health Launches $300M Precision Medicine Fund for Personalized Devices
Aspire Universal, a private equity firm and venture company today announced the establishment of the $300M Aspire Ventures Precision Medicine Fund (AVP) to accelerate innovation for personalized devices and medical practices. Precision medicine is one of the most important transformations ever to come to medicine, and by shifting away from one-size-fits-all solutions, precision medicine offers personalized solutions that deliver better experiences and better outcomes at a lower cost. The AVP
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PeerWell Launches Augmented Reality Trip and Fall Hazard Detector for Smartphones
Digital health company PeerWell just announced the launch of Trip and Fall Hazard Detector, an augmented reality (AR) extension providing real-time analysis from video stream from a smartphone’s camera that identifies and helps correct trip and fall hazards at home, one of the major setbacks for postoperative recovery, especially for those undergoing joint replacement and spine surgery.This AI-powered app extension allows patients and caregivers to scan their home using smartphone cameras,
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Artificial Intelligence in Healthcare – Do the Benefits Outweigh the Challenges?
As healthcare professionals, it seems we can't escape the buzz and hype of artificial intelligence (AI) today. However, unlike other industries, healthcare’s adoption of AI is still in its infancy, in part, due to many providers still updating their tools and processes for the digital age. According to an Accenture analysis, growth in the AI health market is expected to reach $6.6 billion by 2021 and key clinical health AI applications can potentially create $150 billion in annual savings for
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AI Nutrition Data Startup Nutrino Lands $10M to Build Largest Food Database
Nutrino, an Israeli-based digital health provider of nutrition-related data services and analytics technology, announced today the completion of its Series A round of $8 million, bringing the total raised to $10 million. The round included participation from Pereg Ventures, Nielsen Ventures and Gandyr Group joined existing investors - including the New York Angels group. The latest round of funding will be used to further develop Nutrino’s database, which collates data from millions of food
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NTT DATA Partners with DataFirst to Expand Clinical AI Capabilities
NTT DATA Services has announced its partnership with DataFirst, Inc. to allow for seamless patient data sharing between platforms, which will expand its Imaging Insights service and clinical artificial intelligence (AI) capabilities. This partnership creates valuable opportunities during and following data migration in live care situations to better use clinical imaging data for quality of diagnoses and insights on patient health. DataFirst’s suite of interoperability solutions allows patient
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AI-Driven Drug Discovery Startup twoXAR Lands $10M for Computational Platform
twoXAR, Inc., an artificial intelligence (AI)-driven biopharmaceutical company, announced today that it has raised $10 million in Series A financing led by SoftBank Ventures including follow-on participation from seed investor Andreessen Horowitz. The biotech startup plans to use the funding to build the company’s drug pipeline through partnerships and accelerate preclinical development of existing candidates. Traditional drug discovery and development is estimated to take 10-15 years and
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