In December 2016, many were suggesting that wearables were dead. Fitbit’s stock price was rapidly dropping. Apple Watch sales had declined for two consecutive quarters and Pebble had just been acquired in a fire sale.What a difference a year makes. Today, Apple Watch is poised to become the world’s best selling wearable. And, the market is quickly diversifying as hearables (once again led by Apple) and clinical wearables gain importance.The lesson is clear. As we look toward 2018, it’s more
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
MDLIVE Unveils AI-Powered Chatbot to Improve Registration Process in Virtual Care Platform
MDLIVE, a virtual medical and behavioral healthcare provider has announced the launch of Sophie, an artificial intelligence (AI) powered chatbot. The artificial intelligence-powered personal health assistant, Sophie is designed to mitigate the inconvenience, difficulties associated with registration process in virtual care platforms. Sophie’s name is rooted in Greek ideology and symbolizes “wisdom.Conversation is initiated with a user based on demographics and information entered throughout the
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Prognos Raises $20.5M For AI-Powered Disease Prediction Platform for Payers, Providers
Prognos, a New York City-based healthcare Artificial Intelligence (AI) startup that has been steadfastly building its AI capabilities with the goal of predicting disease has raised $20.5 million in Series C funding. Particpatnts in the round include Cigna, GIS Strategic Ventures (the venture capital arm of the Guardian Life Insurance Company), Hermed, Hikma Ventures, Maywic, Merck Global Health Innovation Fund (GHI), and Safeguard Scientifics.Prognos plans to use the funding to expand Prognos’
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MedTech Startup Launches AI Platform to Help Radiologists Diagnose Stroke Faster Using CT Brain Scans
Infervision, the medtech company which uses Artificial Intelligence and Deep Learning to improve medical image analysis and significantly speed radiologists' reading of scans and X-rays, today is launching a artificial intelligence (AI) platform to help radiologists diagnose strokes quickly using CT brain scans. This will help patients get faster treatment, possibly saving lives and reducing the impact of the stroke. The new AI-CT Stroke Screening System is the first of the Infervision AI-CT
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Don’t Let The Hype Fool You—AI in Healthcare Is Far From Perfect
Medicomp Systems’ Dr. Jay Anders explains what needs to change for machine learning to make a profound impact for providers and patients.Ever since IBM Watson wowed audiences with its superior knowledge on Jeopardy, the buzz around the potential and power of machine learning and artificial intelligence (AI) has grown across industries worldwide. However, Medicomp Systems’ Dr. Jay Anders says don’t let the hype fool you—AI in healthcare is far from perfect.“The sad truth is that there is a long,
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Twine Health Lands $1.5M to Expand AI-Powered Health Coaching Platform
Today, Twine Health, a four-year-old spinoff of the MIT Media Lab has raised $1.5 million in Series A1 funding led by Qiming Venture Partners USA. The company plans to used the latest round of funding to accelerate the development of its AI-powered health coaching platform, continued market expansion in the US, and early international sales, including in China. Twine has received a total of $8.3 million in venture funding to date including investment fromKhosla Ventures, Provenance Venture
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Analytics 4 Life Lands $25M to Advance AI-Driven Cardiac Imaging Apps
Analytics 4 Life, a digital health startup using artificial intelligence to develop medical imaging solutions has raised $25 million in Series B funding supported by an international syndicate of accredited investors, including physicians, healthcare professionals, and medical device experts. The company will use the latest round of funding to advance its proprietary imaging technology designed to assess coronary artery disease in a revolutionary way. The Series B round brings the Analytics 4
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Nuance Unveils AI-Powered Virtual Assistant to Improve the Patient/Physician Experience
Nuance Healthcare unveiled a new AI-powered virtual assistant solution aimed at optimizing the experience healthcare providers have with their EHRs and allowing physicians to spend more time focusing on the patient. This latest offering from Nuance builds upon their award winning platform – which 500,000 clinicians use to communicate more than 300 million patient stories a year – delivering a seamless transition of conversational dialogues to actionable information for doctors. Additionally,
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Backed by Premera Blue Cross, Cardinal Analytx Raises $6.1M for Predictive Analytics Platform
Cardinal Analytx, a Palo Alto, CA-based digital health startup using machine learning and artificial intelligence to improve care and reduce healthcare costs for patients has raised $6.1 million in Series A funding. Spun out of Stanford University, Cardinal Analtyx Solutions was founded by Stanford professors Drs. Arnie Milstein and Nigam Shah, who created the company with lead investor Cardinal Partners. Other investors include the Stanford-StartX Fund and Premera Blue Cross, which also
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Innovaccer Launches Care Intelligence System to Empower Care Teams for Value-based Care
Innovaccer Inc., a Silicon Valley-based healthcare platform company, today announced the launch of Care Intelligence System to become the bedrock of value-based care. The new platform is designed for care teams to streamline their workflows, reduce IT dependency and yet reach more of their at-risk patients.Innovaccer realized the need for a new value-based care platform while working with multi-hospital systems like Mercy ACO, Osler, Compass, CHI, and Catalyst. CMS has introduced many payments
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