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

M&A: Predictive Oncology to be Acquired by Renovaro

by Fred Pennic 01/06/2025 Leave a Comment

Predictive Oncology to be Acquired by Renovaro

What You Should Know:  - Predictive Oncology Inc. (NASDAQ: POAI), a leader in AI-driven drug discovery, announced its upcoming acquisition by Renovaro, Inc. (NASDAQ: RENB) in a strategic move aimed at accelerating innovation and improving cancer treatment outcomes.  - The merger brings together two companies with a shared commitment to leveraging artificial intelligence and machine learning to transform cancer care. Synergistic Strengths and Shared Vision Both Predictive
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AI Can Make Plastic Surgery Practices More Human

by Michael A. Brickman, MD, Medical Director of Plastic Surgery at ModMed 12/30/2024 Leave a Comment

AI Can Make Plastic Surgery Practices More Human

Eye contact and good desk-side manner have always been incredibly important in the plastic surgery specialty, where patients’ decisions can be heavy with emotion around the perception of their image. Even what some see as a “small touchup” like dermal fillers are huge decisions for others because it is a change in how they present themselves physically and then carry themselves emotionally.  The practice of plastic surgery is inherently human, in the most sentimental sense. But, as we
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Why Healthcare Execs are Hesitant to Embrace Long-Term AI Contracts

by Andy Sajous, Field CTO, AHEAD 12/23/2024 Leave a Comment

The Balancing Act of AI in Healthcare: Why Short-term Commitments Are the New Norm

AI promises significant advances in patient care and healthcare operations, from improved diagnostics and personalized treatments plans to streamlining administrative tasks. Yet, a clear pattern has emerged in the decisions healthcare technology leaders are making around AI adoption within their organizations. Leaders are grappling with how to balance cutting-edge innovation with the risks and complexities of adopting an AI solution. Despite the enormous potential of AI, healthcare executives
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Transforming The Contact Center Into A Value-Based Care Engine

by Patty Hayward, General Manager of Healthcare and Life Sciences at Talkdesk 12/20/2024 Leave a Comment

Transforming the Contact Center into a Value-Based Care Engine

The most effective way to reduce the amount of money our country spends annually on healthcare – which now exceeds $4.1 trillion – is to help people avoid becoming sick in the first place. That’s the fundamental premise of value-based care (VBC), which focuses on improving patient outcomes and quality of care while driving down costs. VBC is great in intent and theory, but many provider organizations today are struggling to meet the quality and financial metrics stipulated under these
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DUOS Expands Platform with AI-Driven Assistance for Government Program

by Syed Hamza Sohail 12/20/2024 Leave a Comment

DUOS Expands Platform with AI-Driven Assistance for Government Programs

What You Should Know: - DUOS, the digital health innovator empowering older adults to live independently, is proud to announce the addition of new features in its continued effort to holistically change the way the industry approaches healthcare. -With this latest innovation,  DUOS members will now have the ability to seamlessly tap into end-to-end applications for  federal and state assistance programs across all 50+ states including Supplemental Nutrition  Assistance Program (SNAP),
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Could AI Revolutionize the Physical Exam? New Study Explores LLMs as Physician Aids

by Fred Pennic 12/20/2024 Leave a Comment

Could AI Revolutionize the Physical Exam? New Study Explores LLMs as Physician Aids

What You Should Know:  - A new study published in the Journal of Medical Artificial Intelligence explores the potential of large language models (LLMs), like GPT-4, to act as valuable tools for clinicians. - Study author Marc D. Succi, MD, strategic innovation leader at Mass General Brigham Innovation, and his team investigated the use of GPT-4 in recommending physical exam instructions based on patient symptoms. For example, if a patient presented with a painful hip, GPT-4 would
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CentralReach Launches 2 AI Solutions to Maximize Clean Claims

by Jasmine Pennic 12/20/2024 Leave a Comment

CentralReach Launches 2 AI Solutions to Maximize Clean Claims

What You Should Know:  - CentralReach, a provider of Autism and IDD care software, is transforming revenue cycle management (RCM) with the launch of two innovative AI-powered solutions: CR ClaimCheckAI™ and the upcoming CR ClaimAgentAI™.  - The AI tools address critical challenges faced by ABA and multidisciplinary organizations, such as increasing profitability and optimizing cash flow, despite staffing shortages and financial constraints. CR ClaimCheckAI: Intelligent Claims
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How Reasoning-Based AI Improves Care Transitions

by Matt A. Murphy, CEO and Co-Founder of Cascala Health & Joe Jasser, MD, MBA, Board Member for Cascala Health 12/19/2024 Leave a Comment

How Reasoning-Based AI Improves Care Transitions

It’s human nature that when we are told to do something, we want to know the reason why. That’s especially true when the direction comes from a machine, and it concerns something as important as healthcare. However, some artificial intelligence (AI) systems being used in healthcare do not offer that option; instead, they issue generic prompts with limited transparency into the reasoning behind it. In contrast to these large language-based models of AI, other systems emphasize
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Confido Health Raises $3M to Automate Healthcare Ops with AI Digital Workers

by Jasmine Pennic 12/19/2024 Leave a Comment

Confido Health Raises $3M to Automate Healthcare Ops with AI Digital Workers

What You Should Know:  - Confido Health, a healthcare technology company developing AI-powered digital workers for specialty practices, has secured $3M in seed funding led by Together Fund. - Confido Health was founded by serial entrepreneurs with expertise in AI-driven automation. The investment will fuel the company's mission to transform healthcare operations by automating administrative tasks and improving efficiency.  Addressing the Burden of Manual
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Scripta Insights Raises $17M for AI-Powered Pharmacy Navigation

by Fred Pennic 12/18/2024 Leave a Comment

Scripta Insights Raises $17M for AI-Powered Pharmacy Navigation Platform

What You Should Know:  - Scripta Insights, an AI-powered pharmacy navigation platform, has secured $17M in Series B funding led by Aquiline, a private investment firm specializing in financial services and technology.  - The latest investment brings Scripta's total funding to $42M and supports its mission to address the rising cost of prescription drugs in the United States. Addressing the Prescription Drug Affordability Crisis The cost of prescription drugs is a significant
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