Some experts estimate that $200 billion is wasted each year on unnecessary or excessive medical testing and treatment. This could be up to 40% of the unnecessary spending in the system today.
Despite the extreme focus to reduce the total amount spent on healthcare, why does extensive spending on unnecessary or excessive tests or procedures continue? The easy answer is because it is often difficult to spot what is unnecessary or excessive.
There are certainly moments when overutilization of
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
Primary Care Doctors Use Autonomous AI to Instantly Detect Eye Disease
- A Georgia Primary Care Clinic is now using an autonomous AI system called IDx-DR to test patients for diabetic retinopathy, a leading cause of blindness.
- IDx-DR is cleared by the FDA to make an assessment without the need for a clinician to also interpret the image or results, making it usable by healthcare providers who may not normally be involved in eye care.
- The exam typically takes 5-10 minutes. Nurses use an automated fundus camera to take pictures of the patient’s retinas –
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Is The Handheld Ultrasound The Fitbit of Clinical Care?
- GE Healthcare’s James Hurley explains how innovations like the handheld ultrasound are inspiring the next digital breed of smarter, smaller, and seamless clinical care tools.
Wearables—once innovations that only lived in inspired minds and science fiction novels are now nearly ubiquitous. You can’t shake a stick, or a hand for that matter, without an adorning Fitbit or Apple Watch attached to it. Yet, what started as a consumer fad is now evolving well beyond it and out disrupt U.S.
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Google Adds Suki As One of Their First Clinical Digital Voice Assistant Partners
- Google has just added Suki—an AI-powered, voice-enabled digital assistant that lifts the administrative burden from doctors—as one of Google Cloud Global Healthcare Solutions’ first clinical digital voice assistant partners. - As one of Google Cloud’s first partners offering a digital clinical assistant, Suki will also use its voice technology to develop and improve language models for physician-focused applications.Today, Suki, an AI-powered, voice-enabled digital assistant that lifts the
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How Intelligent Automation Can Address 3 Revenue Cycle Challenges
Artificial intelligence (AI) has received a lot of buzz and been positioned as the central healthcare technology needed to solve many financial challenges and digitally transform internal operations. However, if you’re looking for practical solutions that can address variable activities and complete work with a high level of quality, today, healthcare organizations should look to intelligent automation.
Here’s why: True AI attempts to mimic human cognition. As such, AI remains
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BioSymetrics Launches New AI Capability to Improve Patient Outcomes
- First biomedical machine learning framework BioSymetrics introduces a new component that enables users to reduce bias, increase speed to market and improve patient outcomes.
- Augusta Architect enables data scientists in hospitals, healthcare systems, and pharmaceutical companies to perform fast, effective data pre-processing and ML.
- New component has a simple syntax that allows users to quickly process and integrate multiple, diverse datatypes and run or compare multiple ML
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InsureTech Chatbot Platform Sensely Raises $15M to Modernize Member Experience
- Digital health and InsureTech chatbot platform Sensely announced it has raised $15M in funding led by Aflac Corporate Ventures, the venture arm of Aflac Inc. - The funding brings expanded commercial pathways to Sensely, with markets serving over 60 million members and representing over $200MM in annual recurring revenue opportunities. Today, at HLTH 2019, Sensely, a San Francisco, CA-based digital health and InsureTech platform that modernizes member experience while lowering costs,
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Validic Adds High-Frequency Data Support, Delivering Minute-to-Minute Readings From Wearables, Home Health Devices
- Validic has added support for high-frequency data, enabling organizations to receive standardized activity, heart rate, and blood glucose data at a rate up to one reading per minute.- The availability of these data for use in healthcare and wellness programs indicate an important shift toward more real-time, individualized interventions and coaching services.Validic, a Durham, NC-based provider of solutions for personal health data, today at HLTH 2019 announced the support of high-frequency
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care.ai, NVIDIA Partner for AI-Enabled Autonomous Patient Monitoring
- care.ai and NVIDIA announced a collaboration to provide an artificial intelligence-powered autonomous patient monitoring in healthcare leveraging NVIDIA’S platform. - The collaboration brings together care.ai’s autonomous monitoring solution and NVIDIA’s Jetson platform to help healthcare systems improve patient safety and staff efficacy.care.ai, a healthcare AI innovator, announces today its collaboration with NVIDIA to transform how healthcare is delivered. care.ai’s cutting edge end-to-end
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Mastercard Unveils Suite of Healthcare Solutions to Detect Fraud & Protect Health Data
- Mastercard unveils new suite of healthcare solutions to move beyond cards and reimagining how its technology and capabilities can benefit the healthcare ecosystem. - Mastercard Healthcare Solutions will develop and provide the tools needed to protect detect fraud, waste, and abuse, capture more revenue, and protect patient health data.Mastercard today unveiled Mastercard Healthcare Solutions, a new suite of products dedicated to helping healthcare partners detect fraud, waste, and abuse,
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