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

TeraRecon Acquired by SymphonyAI: What is the Impact for Medical Imaging Market?

by Simon Harris, Managing Director at Signify Research 03/09/2020 Leave a Comment

TeraRecon Acquired by SymphonyAI: What is the Impact for Medical Imaging Market?

On the 4th March 2020, TeraRecon announced it had signed an agreement to be acquired by the SymphonyAI Group. Here are the facts of the deal, followed by our take on the potential impact on the medical imaging market: - The terms of the deal were not disclosed and TeraRecon will continue to operate business as usual. However, it will benefit from greater financial backing and the synergistic technologies from other companies in the Group’s portfolio. - TeraRecon is an Advanced
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Texas Hospital Association to Bring AI-Powered Autonomous Monitoring Across Texas Hospitals

by Fred Pennic 03/06/2020 Leave a Comment

What You Need to Know: - Texas Hospital Association (THA) and care.ai are partnering to bring statewide adoption of AI-powered autonomous monitoring to hospital and health system members throughout Texas. - care.ai’s platform uses autonomous monitoring to turn a standard hospital room into a self-aware room that provides real-time information about the patient and caregivers. - It uses computer vision – not cameras – to detect and alert staff if an at-risk patient attempts to get out
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Suki Raises $20M to Expand AI-powered, Voice-Enabled Digital Assistant for Doctors

by Fred Pennic 03/04/2020 Leave a Comment

Suki Raies $20M to Expand AI-powered, Voice-Enabled Digital Assistant for Doctors

What You Need to Know: - Today, Suki announced a Series B funding round of $20 million, led by new investor Flare Capital Partners and including top investors like First Round and Venrock. - In just two years, Suki has established its product as a leading solution to address the urgent crisis of physician burnout and is already trusted by independent and group practices as well as leading systems like Sutter Health and Ascension. - Suki will use the funding to expand its user base
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Hong Kong’s Dept. of Health Taps Biofourmis’ Remote Monitoring Platform to Fight Coronavirus

by Fred Pennic 03/04/2020 Leave a Comment

Hong Kong’s Dept. of Health Taps Biofourmis’ Remote Monitoring Platform to Fight Coronavirus

What You Need to Know: - Boston-based Biofourmis’ AI-powered digital therapeutics technology has inked a deal with The University of Hong Kong and Hong Kong’s Department of Health to leverage its wearable, AI-powered remote monitoring platform to provide new insights to fight COVID-19 in a national disease monitoring program. - Biofourmis’ technology will remotely monitor coronavirus infected and suspected patients and apply personally predictive analytics to help patients and increase
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Innovaccer Launches Unified Patient Record to Deliver Complete View of the Patient

by Fred Pennic 02/27/2020 Leave a Comment

Innovaccer Unveils InData

- Innovaccer launches its “unified patient record” as its proprietary model to eliminate the challenge of seamless data access for healthcare organizations. - The unified patient record will serve as the backbone of Innovaccer’s Data Activation Platform that uses APIs and an analytical framework to manage complexity across all patient care settings. Innovaccer Inc., a Silicon Valley-based healthcare data platform company, today announced the launch of its “unified patient record” as its
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CTA Launches First-Ever ANSI-accredited Standard for AI in Healthcare

by Fred Pennic 02/25/2020 Leave a Comment

CTA Launches First-Ever ANSI-accredited Standard for AI in Healthcare

- The Consumer Technology Association (CTA) announces the first-ever ANSI-accredited standard for the use of artificial intelligence in healthcare, developed by more than 50 organizations from tech giants to healthcare leaders. - CTA convened 52 organizations – including IBM, Philips, BlackBerry, Doctor on Demand, Humetrix, American Medical Association, and AdvaMed – to develop this standard that provides a foundation to better
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GE Healthcare Unveils Medical Device Cybersecurity Offering for Hospitals

by Jasmine Pennic 02/25/2020 Leave a Comment

GE Healthcare Unveils Skeye

- GE Healthcare introduced a new medical device cybersecurity service to help hospital groups fight against cybersecurity risks. - The offering, entitled Skeye, blends industry expertise, AI and process management tools to augment hospitals’ existing resources and capabilities by providing proactive monitoring through a remote security operations center – helping them detect, analyze and respond to cybersecurity threats and events in real-time.  GE Healthcare has introduced a new
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Waystar Launches AI/RPA Platform to Automate Revenue Cycle Processes

by Jasmine Pennic 02/24/2020 Leave a Comment

Waystar Launches AI-Powered Platform to Automate Revenue Cycle Processes

- Waystar Launches Hubble, an artificial intelligence and automation platform, Hubble that automates revenue cycle processes to help providers collect payment faster and more effectively. - The platform uses AI to help providers fix outdated and inefficient billing processes -- helping hospitals that are struggling financially, as well as helping patients avoid issues like surprise medical bills, by improving accuracy and price transparency.  Waystar, a Chicago, IL-based provider of
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KLAS Healthcare BI & Analytics Report: Is Microsoft Gaining Momentum?

by Jasmine Pennic 02/21/2020 Leave a Comment

KLAS Healthcare BI & Analytics Report: Is Microsoft Gaining Momentum?

- New KLAS report finds Microsoft’s business intelligence (BI) solution has surged in the healthcare BI and analytics market, due largely to the option of packaging the solution with Azure, Microsoft’s cloud data storage solution. - KLAS report finds Microsoft is tied with Health Catalyst for the second most considerations in healthcare BI and wins nearly all deals in which they are considered. The healthcare business intelligence (BI) and analytics market has become crowded, with
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Patient Financial Engagement Startup MedPilot Raises $1.5M to Fuel Expansion

by Fred Pennic 02/20/2020 Leave a Comment

Patient Financial Engagement Startup MedPilot Raises $1.5M to Fuel Expansion

- Patient financial engagement startup MedPilot raises $1.5M in funding to fuel its next stage of growth, bringing its total to date to $3.6M. - MedPilot’s patient financial relationship platform transforms patient billing through customized outreach tailored to people's preferences. MedPilot, a Cleveland, OH-based patient financial engagement company announced it has raised $1.5M in funding led by JumpStart, TurnCap, Northcoast Fund, Wavemaker Three-Sixty Health, Valley Growth
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