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

Hackensack Invests in Home Care Robot, Pillo Through $25M Innovation Fund

by Fred Pennic 06/14/2018 Leave a Comment

Hackensack Invests in Home Care Robot Pillo Through $25M Innovation Fund

Hackensack Meridian Health, today announced it has invested in Pillo, an AI-powered home care robot companion that empowers patients to better manage their health at home, connecting them to caregivers and family members. The investment marks the first product funded through Hackensack Meridian Health’s $25 million innovation program to support the improvement of health care delivery. The health network’s novel incubator has vetted many products and strategies to streamline care delivery, reduce
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nference Raises $11M to Synthesize the World’s Biomedical Knowledge

by Fred Pennic 06/07/2018 Leave a Comment

nference Raises $11M to Synthesize the World’s Biomedical Knowledge

nference, a Cambridge, MA-based company on a mission to synthesize the exponentially growing biomedical knowledge has raised $11 million in Series A funding led by  Matrix Partners. The round also included participation from existing investor Matrix Capital Management. The company plans to utilize the funding to develop the company’s AI and R&D platforms, expand scientific operations in Cambridge MA and establish nference Labs in Bangalore, India.Founded by Murali Aravamudan and Venky
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5 Key Components of A Results-Driven AI Platform for Hospitals and Health Systems in the Era of Value-based Care

by Gurjeet Singh, Co-Founder at Ayasdi 06/04/2018 Leave a Comment

5 Key Components of A Results-Driven AI Platform for Hospitals and Health Systems in the Era of Value-based Care_Why Healthcare Analytics Don’t Have the Answers

Value-based reimbursement is forcing hospitals and health systems to reduce costs and to improve outcomes. Whether they are trying to manage population health or to improve clinical pathways in hospitals, healthcare organizations need a way to understand and harness the huge amounts of data that could potentially be applied to achieving these goals. Artificial intelligence (AI) systems offer an approach that can derive actionable insights from large, complex datasets at the scale required by
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M*Modal Unveils Enhancements to I-Powered Clinical Documentation Integrity (CDI) Solutions

by Jasmine Pennic 05/23/2018 Leave a Comment

M*Modal Unveils Enhancements to I-Powered Clinical Documentation Integrity (CDI) Solutions

M*Modal, a provider of clinical documentation and Speech Understanding solutions, today announced further enhancements to its artificial intelligence (AI) powered and outcomes-driven CDI solutions. Integrated with over 150 EHRs, M*Modal CDI solutions provide physicians and clinical documentation improvement specialists (CDIS) with a unified and more efficient workflow that closes the loop between physician and CDIS documentation processes. Going beyond traditional inpatient CDI, M*Modal supports
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Qventus Lands $30M to Expand AI Platform for Hospital Operations

by Fred Pennic 05/14/2018 Leave a Comment

Qventus

Qventus, a hospital operations management solution for health systems that leverages artificial intelligence (AI), announced that it has secured $30M in Series B funding led by Bessemer Venture Partners, with participation from NewYork-Presbyterian Hospital as well as existing investors Mayfield Fund and Norwest Venture Partners. The funding comes at a time when health systems are struggling to provide services to their communities at sustainable margins. The company, which has now raised over
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Notable Launches EHR-Integrated Voice-Powered Apple Watch App for Physicians

by Jasmine Pennic 05/08/2018 Leave a Comment

Notable Health Launches Voice-Powered Assistant for Physicians on Apple Watch

Notable, an emerging digital health  startup in voice-powered healthcare has launched the first wearable voice-powered smart assistant for physicians that will transform the healthcare experience. Available as a white labeled solution for wearables, the platform leverages artificial intelligence and voice recognition technology to automate and structure every physician-patient interaction as well as eliminate the vast majority of clinical administrative work. The Notable team consists of
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Suki Lands $20M to Create AI-Driven Alexa for Doctors Platform

by Jasmine Pennic 05/01/2018 Leave a Comment

Suki Lands $20M to Create AI-Driven Alexa for Doctors

Suki, an n AI-powered, voice-enabled digital assistant for doctors that lifts the burden of documentation has raised $20 million that comes from a Series A round led by Venrock with participation from First Round and Social Capital, as well as individual Googlers and angels, Nat Turner of Flatiron Health, and Marc Benioff. Venrock also led the seed round.Founder by former Google and Salesforce executives Punit Soni and Karthik Rajan, Suki's AI-driven voice-enabled digital assistant for doctors
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5 Tips for Protecting Your IoT-enabled Medical Devices

by Dan L. Dodson, President at Fortified Health Security 04/26/2018 Leave a Comment

5 Tips for Protecting Your IoT-enabled Medical Devices

Research shows us that security breaches can greatly impact a healthcare organization’s reputation. Unfortunately, healthcare leaders are stuck in the cross hairs of consumers and hackers. While consumers want transparency, access to information and assurance their personal information will remain safe, hackers are busy compromising patient information at a faster speed than ever before.As healthcare IT organizations strive to become more accessible and “open” to support patient engagement
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Aspire, LG Health Launches $300M Precision Medicine Fund for Personalized Devices

by Fred Pennic 04/24/2018 Leave a Comment

Aspire Universal Launches $300M Precision Medicine Fund

Aspire Universal, a private equity firm and venture company today announced the establishment of the $300M Aspire Ventures Precision Medicine Fund (AVP) to accelerate innovation for personalized devices and medical practices.  Precision medicine is one of the most important transformations ever to come to medicine, and by shifting away from one-size-fits-all solutions, precision medicine offers personalized solutions that deliver better experiences and better outcomes at a lower cost. The AVP
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PeerWell Launches Augmented Reality Trip and Fall Hazard Detector for Smartphones

by Jasmine Pennic 04/18/2018 Leave a Comment

PeerWell Launches Augmented Reality Trip and Fall Hazard Detector for Smartphones

Digital health company PeerWell just announced the launch of Trip and Fall Hazard Detector, an augmented reality (AR) extension providing real-time analysis from video stream from a smartphone’s camera that identifies and helps correct trip and fall hazards at home, one of the major setbacks for postoperative recovery, especially for those undergoing joint replacement and spine surgery.This AI-powered app extension allows patients and caregivers to scan their home using smartphone cameras,
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