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

Komodo Health Secures $220M for Life Sciences Data Platform at $3.3B Valuation

by Fred Pennic 03/22/2021 Leave a Comment

Komodo Health Acquires Cloud-Based Life Sciences Platform Nevis

What You Should Know: - Komodo Health announces $220M Series E investment to advance its enterprise healthcare and life sciences platform. At a $3.3 billion valuation, the investment underscores the company's rapidly growing role as a foundational enterprise technology platform helping to drive digital transformation across the healthcare industry.  - Founded in 2014, Komodo Health’s Healthcare Map™ is the industry’s largest and most complete record of
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AI-Powered COVID-19 Solution Reduces Report Turnaround Times by 30%, Study Finds

by Jasmine Pennic 03/15/2021 Leave a Comment

AI-Powered COVID-19 Solution Reduces Report Turnaround Times by 30%, Study Finds

What You Should Know: - The Moscow Center for Diagnostics & Telemedicine found that the introduction of RADLogics’ AI-Powered solution into radiology workflow to analyze Chest-CT scans during the COVID-19 pandemic reduced report turnaround time by an average of 30 percent, which is equivalent to 7 minutes per case. - The study was conducted over two separate phases with the first taking place between April 30, 2020 to June 18, 2020 and the second taking place between June 18, 2020 to
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Yale New Haven Health Deploys Virtual Clinic for Pediatric Patients with Diabetes

by Fred Pennic 03/15/2021 Leave a Comment

Yale New Haven Health Deploys Virtual Clinic for Pediatric Patients with Diabetes

What You Should Know: - After taking part in proving the clinical benefit of using AI-based decision support tools, as was recently published in Nature Medicine, Yale New Haven Health System and DreaMed Diabetes announced a collaboration that will explore what it would take to adopt such a solution into a real-world health system. - As part of the collaboration, Yale New Haven will utilize DreaMed’s Advisor Pro platform to create a virtual clinic, this real-world evaluation will assess the
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Why A Smart Command Center Requires A Health Cloud Platform

by Dr. David Nace, Chief Medical Officer at Innovaccer 03/11/2021 Leave a Comment

Why A Smart Command Center Requires A Health Cloud Platform

Aviation, military, NASA, or even utilities like the New York Power Authority—almost all high-consequence, complex organizations have one thing in common: a command center. The concept of a command center or a ‘war room,’ or ‘air traffic control’ has been around for a while. Command centers help counter logistical challenges, enable cross-collaboration and guide decision-making with state-of-the-art technology and communications. With them it seems there is absolutely nothing that cannot be
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Moderna, IBM Partner on COVID-19 Vaccine Supply Chain & Distribution Data Sharing

by Fred Pennic 03/08/2021 Leave a Comment

20 COVID-19 Predictions and Trends for 2021 - Executive Roundup

What You Should Know: - Moderna and IBM announced their intentions to explore technologies, including artificial intelligence, blockchain and hybrid cloud, that could help support smarter COVID-19 vaccine management. Central to the effort will be a pilot of open, standardized, technology-enabled vaccine distribution approaches aimed to improve supply chain visibility and foster near real-time tracking of vaccine administration.   - The goal of the partnership is to identify ways
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How Artificial Intelligence Is Making Senior Care More Human

by Bent Philipson, Founder of Philosophy Care 03/08/2021 Leave a Comment

How Artificial Intelligence Is Making Senior Care More Human

When it comes to skilled nursing facilities (SNFs) in particular and long-term care in general, a human-centered and empathetic approach is not only necessary, it's obligatory. Putting the needs, constraints, and perspectives of patients first enhances the level of care we're able to provide.  Perhaps ironically, it is the integration and adaptation of artificial intelligence (AI) that has demonstrated the biggest potential in improving empathy and compassion in the industry. It may
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Exscientia Secures $100M To Expand AI Drug Discovery Platform

by Jasmine Pennic 03/04/2021 Leave a Comment

Exscientia Secures $100M To Expand AI Drug Discovery Platform

What You Should Know: - Exscientia, leading AI drug discovery company, today announced that it completed its $100 million Series C financing round, with a further $30 million investment from Blackrock. - This new capital, which will be used to support Exscientia's platform development and proprietary pipeline, follows Exscientia’s demonstrated high growth, having announced earlier this year that the first ever precision engineered drug designed using AI had entered Phase I human clinical
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Wellstar Invests $10M to Become First Sharecare-Enabled Health System

by Fred Pennic 03/03/2021 Leave a Comment

Wellstar Invests $10M to Become First Sharecare-Enabled Health System

Wellstar Health System, one of Georgia’s largest and most integrated healthcare systems, and Sharecare, the digital health company that helps people manage all their health in one place, announced a strategic partnership to collaborate on unique, market-leading innovations in personalized care delivery, population health, and consumer engagement. Through this partnership, Wellstar also will become the first “Sharecare-enabled” health system in the country, utilizing Sharecare’s solutions to
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Highmark Health Taps Verily to Build Digital Health Tools for Living Health Model

by Fred Pennic 03/02/2021 Leave a Comment

Highmark Health Taps Verily to Build Digital Health Tools for Living Health Model

What You Should Know: - Highmark Health has engaged Verily to build out digital health tools for patients and analytics solutions for Highmark’s clinicians as part of its Living Health model. This marks the first collaboration of its kind for Verily, Google Cloud and a partner.   - Highmark Health is a Blue Cross Blue Shield health plan based in Western PA with 4.5 million members and an integrated delivery system (Allegheny) with 9
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Data-Driven Future: Impact of Machine Learning on Diabetes Management

by Athar Siddiqui: Global Strategy Lead, Digital Connected Solutions - Ascensia Diabetes Care 03/02/2021 Leave a Comment

Impact of Machine Learning on Diabetes

“Information technology and business are becoming inextricably interwoven. I don't think anybody can talk meaningfully about one without the talking about the other” – Bill Gates wrote this in 1999 and, nowadays, the same can certainly be said about information technology and healthcare.  The ability to collect, analyze, and use data is becoming ubiquitous with many of healthcare’s most exciting advancements. Whether it’s Google’s DeepMind using artificial intelligence (AI) to help
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