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

3 Factors Fueling Hospital Drug Diversion, The Silent Partner in the Opioid Epidemic

by Jasmine Pennic 06/04/2019 Leave a Comment

3 Factors Fueling Hospital Drug Diversion, The Silent Partner in the Opioid Epidemic

 BD (Becton, Dickinson and Company), a global medical technology company, today released a first-of-its-kind report based on an independent national survey that examines drug diversion in U.S. hospitals, an underreported contributor to the opioid epidemic.Defining Hospital Drug DiversionHospital drug diversion, when a healthcare worker “diverts” opiates or other controlled substances away from patients for personal use or sale remains a significant challenge that is largely underdiscussed. Left
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Medivis Granted FDA 510(k) Clearance for Surgical Augmented Reality Platform

by Fred Pennic 06/04/2019 Leave a Comment

Medivis Granted FDA 510(k) Clearance for Surgical Augmented Reality Platform

Medivis, a New York City-based medical technology company harnessing augmented reality and artificial intelligence to advance surgical visualization has received 510(k) clearance for clinical use in the operating room by the U.S. Food and Drug Administration (FDA).Most medical procedures are performed relatively blindly, with surgeons having to reconstruct slices of 2D imaging data in the “mind’s eye” to make it actionable. Founded by neurosurgeon Osamah Choudhry, MD and radiologist Christopher
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RSIP Vision Launches AI-Driven Solution for Knee Replacement Patients

by Fred Pennic 05/29/2019 Leave a Comment

RSIP Vision, a provider artificial intelligence (AI), computer vision, and image processing technology, has announced the release of a new AI module that promises a life-changing impact on the millions of patients who undergo knee surgery every year. For most, knee replacement surgery is a difficult option, with a painful recovery and a long, rigorous rehabilitation period. Now the superior accuracy and precision of the RSIP Vision AI solution, unmatched in the market today, revolutionizes knee
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4 Areas in Consumer-Driven Healthcare Ripe for Innovation

by Steven Auerbach, CEO of Alegeus 05/28/2019 Leave a Comment

4 Areas in Consumer-Driven Healthcare Ripe for Innovation

Consumer-driven healthcare (CDH) has become pervasive over the last decade as a powerful tool to help address the cost crisis in the American healthcare system. The success of CDH in reversing the cost trend – together with the recent rise in health savings account (HSA) adoption – confirms that CDH will continue to thrive into the future. Despite its success, CDH, as we know it today, is far from perfect. Employers struggle to effectively design a CDH program (the combination of the health plan
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Canadian Government Awards $49M Grant to Establish Canada-wide AI Health Data Platform

by Jasmine Pennic 05/28/2019 Leave a Comment

Canadian Government Awards $49M Grant to Establish Canada-wide AI Health Data Platform

The government of Canada has announced an investment grant of up to $49 million in the Digital Health and Discovery Platform (DHDP), a network of partners that seeks to establish a cutting-edge Canada-wide health data platform. Through this new platform, researchers and doctors will work to accelerate the development of new and personalized treatments to help to find cures for diseases that affect Canadians. While the platform will initially focus on cancer, the plan is to expand to other areas
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Healthcare M&A: Agfa to Consider Selling Health IT & Integrated Care Business

by Alex Green, Director at Signify Research 05/24/2019 Leave a Comment

Healthcare M&A: Agfa to Consider Selling Health IT & Integrated Care Business

 Last week Agfa announced its Board of Directors would investigate the sale of part of Agfa HealthCare, specifically, the business tied to its EMR and integrated care offerings. The facts are:·   In March 2019, Agfa initially stated that it would further extend the independence of Agfa HealthCare.·   It has now expanded on what this could potentially look like, stating it will explore selling is Hospital IT and Integrated Care solutions.·   In terms of its reportable business this is largely the
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Stanford Spinout Cardinal Analytx Lands $22M for AI-Enabled Health Insights

by Jasmine Pennic 05/24/2019 Leave a Comment

Cardinal Analytx Lands $22M for AI-Enabled Health Insights

Cardinal Analytx Solutions, an artificial intelligence (AI)-enabled health insights company has raised $22 million in Series B funding round led by John Doerr including participation from GuideWell Mutual Holding Corporation, Blue Shield California and Premera Blue Cross.Getting Ahead of High Cost EventsHealth insurers, accountable healthcare providers and other health industry stakeholders recognize that U.S. health care spending growth and shortfalls in treatment outcomes are not sustainable.
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Alegeus Unveils Smart HSA Solution to Bolster Healthcare Spending and Saving Decisions

by Jasmine Pennic 05/21/2019 Leave a Comment

Alegeus Unveils Smart HSA Solution to Bolster Healthcare Spending and Saving Decisions

Alegeus, the market leader in consumer-directed healthcare (CDH) solutions, today announced that the industry’s first Smart HSA that features machine learning and artificial intelligence (AI) was presented for the first time during the 2019 Alegeus Client Conference. Smart HSA: A New Approach to CDH Account SolutionsThis next generation of the existing Alegeus solution provides broader support for the benefits lifecycle and greater influence across the full spectrum of healthcare benefits. It
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Zebra Medical Vision Granted FDA 510k Clearance for AI Chest X-Ray Triage

by Fred Pennic 05/13/2019 Leave a Comment

Zebra Medical Vision Granted FDA 510k Clearance for AI Chest X-Ray Triage

Zebra Medical Vision, an Israli-based deep learning imaging analytics company, today announces that it has received FDA 510(k) clearance for HealthPNX – an AI-powered alert for pneumothorax (PNX), based on chest X-rays.FDA 510(k) Clearance DetailsReceived in May 2019, the FDA 510(k) clearance focuses on an AI alert for “stat” (urgent) findings of pneumothorax and demonstrates a promising potential to substantially reduce turnaround time and increase the radiologist’s confidence in making this
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Clinical Operations Makes Highest Use of Artificial Intelligence, Tufts Study Finds

by Fred Pennic 05/07/2019 Leave a Comment

Clinical Operations Makes Highest Use of Artificial Intelligence, Tufts Study Finds

Clinical operations function makes the highest use of artificial intelligence (AI) (61%), followed by pharmacovigilance/safety/risk management (57%), and information technology (IT) (55%), according to an analysis recently completed by the Tufts Center for the Study of Drug Development. The analysis, summarized in the May/June Tufts CSDD Impact Report, reveals the pharmaceutical industry is adopting artificial intelligence (AI) on numerous fronts, from discovery and clinical development to risk
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