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

New Mountain Capital Invests in SmarterDx to Fuel AI-Driven Revenue Integrity

by Syed Hamza Sohail 04/16/2025 Leave a Comment

: New Mountain Capital Invests in SmarterDx to Fuel AI-Driven Revenue Integrity

What You Should Know: -SmarterDx, Inc. (“SmarterDx” or “the Company”), a leader in clinical AI for revenue integrity and care quality, today announced a strategic investment from New Mountain Capital, LLC (“New Mountain Capital”), a leading growth-oriented investment firm with more than $55 billion in assets under management.  - This investment will support SmarterDx’s next phase of growth and product innovation, focused on creating value for health systems and enabling them to deliver the
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Eko Health Launches AI-Powered Stethoscope in the UK

by Syed Hamza Sohail 04/16/2025 Leave a Comment

Eko Health Launches AI-Powered Stethoscope in the UK

What You Should Know: - Eko Health, Eko Health, a global leader in AI-enabled cardiopulmonary care, today announced its launch in the United Kingdom—one of the world’s largest healthcare markets. UK clinicians can now purchase Eko’s CORE 500™ Digital Stethoscope, Eko+ Membership, and accessories through EkoHealth.com and Amazon UK, expanding access to AI-powered tools designed to support earlier detection of cardiovascular and respiratory disease. - This expansion builds on Eko’s
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Zoom Launches AI Workplace Platform for Frontline Workers

by Jasmine Pennic 04/16/2025 Leave a Comment

Zoom Launches AI Workplace Platform for Frontline Workers

What You Should Know:  - Zoom Communications has introduced Zoom Workplace for Frontline, a new mobile-first solution designed to enhance communication and workflow management for frontline workers.  - This purpose-built platform aims to equip employees in various sectors, including retail, manufacturing, healthcare, and first response, with tools to improve productivity, performance, and workplace relationships.   Key Features Zoom Workplace for Frontline offers
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RadNet to Acquire iCAD for $103M in All-Stock Transaction

by Fred Pennic 04/15/2025 Leave a Comment

iCAD, GE HealthCare Integrate to Advance Breast Cancer Detection with AI

What You Should Know:  - RadNet, Inc., a national leader in providing high-quality, cost-effective diagnostic imaging services and digital health solutions, and iCAD, Inc., a global leader in AI-powered breast health solutions, announced that they have entered into a definitive merger agreement.  - Under the agreement, RadNet will acquire iCAD for $103M in an all-stock transaction. Financial Details Based on RadNet’s closing price on Monday, April 14, 2025, the transaction
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World’s First AI Lung Sound Suite: TytoCare Gets FDA Clearance for Rhonchi

by Fred Pennic 04/15/2025 Leave a Comment

World's First AI Lung Sound Suite: TytoCare Gets FDA Clearance for Rhonchi

What You Should Know:  - TytoCare, a pioneering virtual care company dedicated to delivering accessible, high-quality primary care from the comfort of home announced the company has become the first in the world to receive FDA clearance for its AI-based detection of all three major abnormal lung sounds.  - The milestone was reached with the FDA clearance of Tyto Insights™ for Rhonchi Detection, completing TytoCare’s comprehensive AI-powered lung sound suite. With this latest
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The AI Hype Cycle in MedTech: Navigating the Trough of Disillusionment

by Adam Hesse, CEO at Full Spectrum 04/15/2025 Leave a Comment

The AI Hype Cycle in MedTech: Navigating the Trough of Disillusionment

The emerging technologies hype cycle had multiple AI applications at the peak of inflated expectations in 2023 and were just beginning the ride down to the Trough of Disillusionment in 20241 2. For years, it’s been said that “the use of data and algorithms is going to transform healthcare.” While true to a degree, we see that MedTech companies that invest in trends like artificial neural networks, analytics, big data analytics, and now AI, often struggle to yield a significant return on
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Sware & Salesforce Partner to Bring AI-Driven Technology to the Life Sciences Cloud

by Syed Hamza Sohail 04/15/2025 Leave a Comment

Sware & Salesforce Partner to Bring AI-Driven Technology to the Life Sciences Cloud

What You Should Know: -  Sware, the leading provider of comprehensive GxP validation solutions for innovative life sciences and technology companies, today announced that it will deliver GxP computer systems validation of Salesforce Life Sciences Cloud.  -   Life Sciences Cloud empowers pharmaceutical and medical technology organizations to accelerate drug and device development, recruit and retain patients across clinical trials, and leverage AI to deliver personalized customer
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PGxAI Launches Deneb: AI Model Revolutionizing Drug Development with Pharmacogenetics

by Fred Pennic 04/15/2025 Leave a Comment

What You Should Know:  - PGxAI, a pioneering leader in the field of AI-driven pharmacogenetics, today announced the launch of Deneb, its latest cutting-edge model poised to transform the landscape of drug development.  - Deneb is specifically designed to streamline this complex process by seamlessly integrating molecular structures, physicochemical properties, and comprehensive genetic profiles. Drug Development for Biopharma Tailored to meet the critical needs of
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Thoughtful.ai Secures Strategic Investment to Advance AI-Powered Revenue Cycle Automation

by Fred Pennic 04/11/2025 Leave a Comment

Thoughtful AI Secures $20M, Launches Human-Capable RCM AI Agents

What You Should Know:  - Thoughtful.ai, a company specializing in artificial intelligence (AI)-powered revenue cycle automation has received a strategic investment from New Mountain Capital, a growth-oriented investment firm with over $55B in assets under management.   The investment aims to support Thoughtful.ai’s continued growth and accelerate the adoption of automation and AI solutions to address the complex challenges faced by healthcare
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Healthcare IT Leaders Prioritize ROI and Workforce Support Amidst AI Growth, Stoltenberg Consulting Survey Finds

by Jasmine Pennic 04/11/2025 Leave a Comment

Healthcare IT Leaders Prioritize ROI and Workforce Support Amidst AI Growth, Stoltenberg Consulting Survey Finds

What You Should Know:  - Healthcare leaders are grappling with resource strain while focusing on maximizing returns on their IT investments, according to Stoltenberg Consulting’s 12 annual Health IT Industry Outlook Report.  - Stoltenberg Consulting's survey included healthcare CIOs, all members of the College of Healthcare Information Management Executives (CHIME), representing a diverse range of U.S. hospital facilities. These included multi-hospital health systems, community hospitals,
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