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

Research: October Health IT M&A Activity, Public Company Performance

by Healthcare Growth Partners (HGP) 11/08/2019 Leave a Comment

Research: October Health IT M&A Activity, Public Company Performance

- Healthcare Growth Partners (HGP) summary of Health IT/digital health merger & acquisition (M&A) activity, and public company performance during the month of October 2019 During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma. The
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GE Healthcare Launches Enterprise Central Data Warehouse for Clinicians

by Jasmine Pennic 11/07/2019 Leave a Comment

5 Reasons End-to-End Network Solutions are Vital to the Healthcare Data Revolution

Key highlights- GE Healthcare is introducing Edison Datalogue, a new enterprise data management solution designed to connect disparate data sources and types into a single, secure and scalable data pool for clinicians to collect, share and store patient data across the care delivery network. - Edison Datalogue is being deployed by hospital systems including the National Consortium of Intelligent Medical Imaging (NCIMI) and it is the only tool that combines a neutral archive (VNA), analytics and
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Payment Integrity: Is AI The Real Answer to Reducing Overutilization?

by Doug Williams, Chief Operating Officer at HMS 11/06/2019 Leave a Comment

How AI is making unnecessary testing a thing of the past

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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Primary Care Doctors Use Autonomous AI to Instantly Detect Eye Disease

by Fred Pennic 11/06/2019 Leave a Comment

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?

by Erica Garvin 11/05/2019 Leave a Comment

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

by Fred Pennic 10/30/2019 Leave a Comment

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

by Joe Polaris, Senior VP of Product and Technology at R1 RCM 10/30/2019 Leave a Comment

3 Things Patients Want From Their Healthcare Financial Experience

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

by Jasmine Pennic 10/29/2019 Leave a Comment

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

by Fred Pennic 10/28/2019 Leave a Comment

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

by Jasmine Pennic 10/28/2019 Leave a Comment

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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