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

XSOLIS Raises $75M for AI-Driven Precision Utilization Management Platform

by Fred Pennic 06/28/2021 Leave a Comment

XSOLIS Raises $75M for AI-Driven Precision Utilization Management Platform

What You Should Know: - XSOLIS, a healthcare technology firm focused on improving healthcare operations announced it has raised $75M in minority growth investment from Brighton Park Capital ("Brighton Park"), a research-driven investment firm. - XSOLIS is an artificial intelligence-based software platform that helps national health systems and payers streamline the utilization management process. - XSOLIS' suite of data-driven solutions leverages insights from proprietary machine
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Hospitals Can Teach Life Science Companies a Thing or Two About Patient Engagement

by Greg Kefer, Chief Marketing Officer at Lifelink Systems 06/28/2021 Leave a Comment

Hospitals Can Teach Life Science Companies a Thing or Two About Patient Engagement

The efforts to develop a COVID-19 vaccine focused the world’s attention on the pharmaceutical industry. Before the pandemic hit, very few people outside of the healthcare industry understood what it takes to develop a new drug. Nor did they consider the complexities of administering the various medications that require a regimen that goes beyond “take one pill each morning.” The biopharmaceutical industry is massive, accounting for more than $1.3 trillion in economic output, representing four
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Providence-backed Tegria Acquires Digital Health AI Platform KenSci

by Fred Pennic 06/24/2021 Leave a Comment

Providence-backed Tegria Acquires Digital Health AI Platform KenSci

What You Should Know: -  Providence-backed Tegria today announced the acquisition of KenSci, a leader in artificial intelligence platforms and apps for healthcare, with roots in Microsoft's Azure4Research program and the University of Washington. Financial details of the acquisition were not disclosed. - Founded in 2015, KenSci's digital health AI platform helps organizations bring the power their data and improve health outcomes with advanced analytics. KenSci's customers,
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AI + Human Intelligence — A More Effective Solution for the Healthcare Payment Lifecycle

by Navaneeth Nair, Chief Product Officer at Infinx Healthcare 06/22/2021 Leave a Comment

AI + Human Intelligence — A More Effective Solution for the Healthcare Payment Lifecycle

Much has been written about the advent of Artificial Intelligence (AI) in the healthcare payment lifecycle, but has it been oversimplified? The straightforward answer is yes. Many articles have characterized AI as the end-means antidote that will solve all revenue cycle management (RCM) issues and easily streamline the reimbursement process from beginning to end. In fact, many of the products in today’s marketplace promise a complete solution based almost entirely on AI. But, looking at this
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Cognoa Awarded FDA Authorization For AI-Based Autism Diagnosis Aid

by Jasmine Pennic 06/03/2021 Leave a Comment

Cognoa Awarded FDA Authorization For AI-Based Autism Diagnosis Aid

What You Should Know: - Cognoa, a pediatric behavioral health company developing diagnostic and therapeutic solutions for children living with behavioral health conditions, has been granted FDA authorization to market the company’s first-of-its-kind, AI-based autism diagnosis aid – Canvas Dx. - Canvas Dx is the first diagnosis aid designed to help physicians to diagnose autism spectrum disorder (ASD) in
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UPMC Spins Out Realyze Intelligence for AI-Based Clinical Intelligence Platform

by Fred Pennic 06/03/2021 Leave a Comment

UPMC Spins Out Realyze Intelligence for AI-Based Clinical Intelligence Platform

What You Should Know: -  UPMC has launched Realyze Intelligence, a company that uses artificial intelligence and natural language processing to identify precise patient populations with chronic diseases and cancer to ensure they receive the most beneficial treatments. - Founded by Gilan El Saadawi, M.D., Ph.D and Aaron Brauser founded in conjunction with UPMC Enterprises, the innovation and commercialization arm of UPMC.  - The U.S. healthcare industry spends
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Olive, ASUS Partner to Bring AI-Assisted Medical Coding to 775+ Hospitals

by Jasmine Pennic 05/27/2021 Leave a Comment

Olive, ASUS Partner to Bring AI-Assisted Medical Coding to 775+ Hospitals

What You Should Know: - Olive and ASUS announced their partnership to bring AI-assisted medical coding to over 775 U.S. hospitals. Olive will bring ASUS Miraico, the AI medical coding assistant, to healthcare providers via the Olive Helps platform. - The addition of Miraico to the Olive Helps system will allow the AI to analyze clinical terms in medical records
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Amalgam Rx Acquires Geetha’s Conversational AI Assets to Drive AI-Based Behavioral and Clinical Interventions

by Fred Pennic 05/21/2021 Leave a Comment

Amalgam Rx Acquires Geetha’s Conversational AI Assets to Drive AI-Based Behavioral and Clinical Interventions

What You Should Know: - Amalgam Rx, Inc., the leader in connecting healthcare providers and life sciences companies through a SaaS-enabled digital marketplace and product platform has acquired the assets of Geetha, LLC, an adaptive, conversational AI company. Financial details of the acquisition were not disclosed. - The acquisition bolsters Amalgam’s data science assets, which already include more than 6 billion longitudinal data points on millions of patients cared for across Amalgam’s
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Axtria Secures $150M for AI-Enabled Platform for Life Sciences

by Fred Pennic 05/13/2021 Leave a Comment

Axtria Secures $150M for AI-Enabled Platform for Life Sciences

What You Should Know: -  Bain Capital Tech Opportunities has announced a $150 million growth investment in Axtria, a global cloud software and data analytics provider that helps life sciences businesses bring therapeutics to market faster – which will help Axtria to consolidate its strong position in cloud software and artificial intelligence by rapidly expanding its suite of life sciences-focused SaaS platforms. - With the life sciences and healthcare
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Redesign Health Spinout Jasper Health Launches AI-Driven Cancer Care Platform

by Fred Pennic 05/12/2021 Leave a Comment

Redesign Health Spinout Jasper Health Launches AI-Driven Cancer Care Platform

What You Should Know: - Jasper Health launched today as the first end-to-end care experience that navigates, connects, and provides actionable insights throughout the cancer journey for individuals with cancer, their caregivers, and providers. - Jasper combines an easy-to-navigate user interface with leading oncology support to help guide Jasper Members and caregivers through the myriad of challenges that arise post-diagnosis. United by a team of digital health experts, specialized
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