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

GE Healthcare Unveils First X-Ray AI Algorithm to Assess ETT Placement for COVID-19 Patients

by Fred Pennic 11/24/2020 Leave a Comment

Why GE Healthcare Won’t Sell its Health IT Business

What You Should Know: - GE Healthcare announced a new artificial intelligence (AI) algorithm to help clinicians assess Endotracheal Tube (ETT) placements, a necessary and important step when ventilating critically ill COVID-19 patients. - The AI solution is one of five included in GE Healthcare’s Critical Care Suite 2.0, an industry-first collection of AI algorithms embedded on a mobile x-ray device for automated measurements, case prioritization, and quality control. GE Healthcare
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SPAC Merges with 2 Telehealth Companies to Form Public Digital Health Company in $1.35B Deal

by Fred Pennic 11/23/2020 Leave a Comment

SPAC Mergers with 2 Telehealth Companies to Form Public Digital Health Company in $1.35B Deal

What You Should Know: - GigCapital2 Inc has agreed to merge with UpHealth Holdings Inc and Cloudbreak Health LLC to create a public digital healthcare company valued at $1.35 billion, including debt, the blankcheck acquisition company said on Monday. - The combined company will be named UpHealth, Inc. and will continue to be listed on the NYSE under the new ticker symbol “UPH”. Blank check acquisition company GigCapital2 agreed to merge with Cloudbreak Health, LLC, a unified
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AliveCor Receives FDA Clearance of Next-Gen EKG Algorithms

by Jasmine Pennic 11/23/2020 Leave a Comment

AliveCor Receives FDA Clearance of Next-Gen EKG Algorithms

What You Should Know: - AliveCor announced they received FDA clearance of new algorithms for use with their personal EKG devices, KardiaMobile and KardiaMobile 6L. These additional determinations will be available via a software upgrade for the Kardia devices in 2021. - The additional FDA-cleared algorithms double the number of heart rhythm disturbances that AliveCor’s Kardia devices can detect, broadening the number of patients who are able to use their remote
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Hospital Sustainability Demands that Revenue Integrity Move Front and Center

by Vasilios Nassiopoulos, VP of Platform Strategy and Innovation, Hayes 11/23/2020 Leave a Comment

Hospital Sustainability Demands that Revenue Integrity Move Front and Center

Razor-thin operational margins coupled with substantial and ongoing losses related to COVID-19 are culminating in a perfect storm of bottom-line issues for U.S. hospitals and health systems. A study commissioned by the American Hospital Association (AHA) found that the median hospital margin overall was just 3.5% pre-pandemic, and projected margins will stay in the red for at least half of the nation’s hospitals for the remainder of 2020.  The reality is that an increase in
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Gates Foundation Awards Caption Health $4.95M Grant to Develop AI-Guided Lung Ultrasound System

by Fred Pennic 11/12/2020 Leave a Comment

Caption Health AI Awarded FDA Clearance for Point-of-Care Ejection Fraction Evaluation

What You Should Know: - Bill & Melinda Gates Foundation awards Caption Health a $4.5M grant to support the development of an AI-guided lung ultrasound system. - The grant from the Bill & Melinda Gates Foundation will be leveraged to create new AI technology that allows medical professionals without prior ultrasound experience to perform lung ultrasounds, expanding access to quality medical care. Caption Health, a leading medical artificial intelligence (AI) company, today
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Providence Taps Nuance to Develop AI-Powered Integrated Clinical Intelligence

by Jasmine Pennic 11/12/2020 Leave a Comment

Nuance Integrates with Microsoft Teams for Virtual Telehealth Consults

What You Should Know: - Nuance Communications, Inc. and one of the country’s largest health systems, Providence, announced a strategic collaboration, supported by Microsoft, dedicated to creating better patient experiences and ease clinician burden. - The collaboration centers around Providence harnessing Nuance’s AI-powered solutions to securely and automatically capture patient-clinician conversations. - As part of the expanded partnership, Nuance and Providence will jointly
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Buoy Health Raises $37.5M to Expand AI-Powered Healthcare Navigation Platform

by Fred Pennic 11/10/2020 Leave a Comment

Buoy Health Raises $37.5M to Expand AI-Powered Healthcare Navigation Platform

What You Should Know: - Buoy Health raises $37.5 million in Series C funding to expand it’s AI-powered healthcare navigation platform, bringing its total raised to date at $66.5M. - Buoy will use the proceeds to further build out its IP with respect to artificial intelligence and other technologies, as well as grow the Buoy team. Buoy Health, a Boston, MA-based AI-powered healthcare navigation platform, today announced the completion of a $37.5 million Series C funding round. Cigna
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M&A: Centene to Acquire AI Healthcare Analytics Platform Apixio

by Fred Pennic 11/09/2020 Leave a Comment

M&A: Centene to Acquire AI Healthcare Analytics Platform Apixio

What You Should Know: - Centene Corporation acquires AI healthcare analytics platform Apixio to additional data and AI capability to technology portfolio. - Apixio will remain an operationally independent entity as part of Centene's Health Care Enterprises group to continue bringing value to its clients and the industry. Centene Corporation, today announced it has signed a definitive agreement to acquire Apixio Inc., an AI healthcare analytics company offering Artificial
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Eko Lands $65M to Expand AI-Powered Telehealth Platform for Virtual Pulmonary and Cardiac Exam

by Fred Pennic 11/09/2020 Leave a Comment

Eko Lands $65M to Expand AI-Powered Telehealth Platform for Virtual Pulmonary and Cardiac Exam

What You Should Know: - Cardiopulmonary digital health company Eko raises $65M in Series C funding to close the gap between virtual and in-person heart and lung care. - The latest round of funding will enable Eko to expand in-clinic use of its platform of telehealth and AI algorithms for disease screening and to launch a monitoring program for cardiopulmonary patients at home. Eko, a cardiopulmonary digital health company, today announced $65 million in Series C funding led by
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Johnson & Johnson Innovation Launches 3 Collaborations to Advance Healthcare in China

by Fred Pennic 11/06/2020 Leave a Comment

What You Should Know: - Johnson & Johnson Innovation announces three strategic collaborations with a focus on advancing healthcare solutions in China. - The three strategic collaborations are focused on leveraging advances in science and technology to address areas of high unmet medical need across several areas, including discovery science, lung cancer, and medical devices Johnson & Johnson Innovation, a division of Johnson & Johnson (China) Investment Limited, today
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