What You Should Know:
- Method AI, a medical technology company focused on improving oncology outcomes secures $20M in Series A funding led by a private family office, with participation from Cleveland Clinic and JobsOhio Growth Capital Fund.
- The funds will be used to support the continued development of the company’s novel surgical ultrasound platform.
Optimizing Surgical Visualization
Method AI was founded in 2021 as a spin-off from Cleveland Clinic to solve surgical
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
PathAI and Moffitt Cancer Center Partner to Deploy AI Digital Pathology Platform, AISight® Dx
What You Should Know:
- PathAI, a provider of AI and digital pathology solutions, and Moffitt Cancer Center, a top cancer hospital, have announced a multi-year strategic collaboration to deploy PathAI’s digital pathology platform, AISight® Dx, across Moffitt’s pathology programs. The partnership aims to transform cancer detection and research through the use of AI.
AISight® Dx: Cloud-Native Digital Pathology
AISight® Dx is a cloud-native digital pathology image management
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Abridge Outlines Approach to Eliminating AI Hallucinations in Clinical Notes
What You Should Know:
- Abridge, a clinical documentation platform, has released a new research paper titled "The Science of Confabulation Elimination".
- The white paper details the company's approach to classifying, detecting, and eliminating hallucinations—or unsupported claims—in AI-generated clinical notes before they are sent to clinicians for review. This initiative aims to set a new industry standard for transparency and trust in AI technology.
Critical Issue of AI
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Komodo Health Launches Healthcare-Native AI Engine, Marmot
What You Should Know:
- Komodo Health, the leader in AI-powered healthcare intelligence, today launched Marmot™, the first healthcare-native AI engine built to serve as the foundational intelligence layer for the discovery, development, and delivery of patient care.
- Marmot generates transparent, verifiable healthcare analytics in minutes, empowering Life Sciences and healthcare teams to innovate at the speed of thought and accelerate the delivery of life-saving
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EliseAI Raises $250M to Expand AI Automation in Healthcare
What You Should Know:
- EliseAI, an AI company focused on automating complex healthcare and housing systems secures $250M Series E funding round led by Andreessen Horowitz (a16z), with participation from new investor Bessemer Venture Partners and existing investors Sapphire Ventures and Navitas Capital.
- The new funding will enable EliseAI to rapidly expand its team to accelerate product innovation, improve patient experiences, streamline operations, and advance its AI-driven
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Cascala Health Secures $8.6M for AI-Enabled Clinical Intelligence Platform for Post-Acute Care
What You Should Know:
- Cascala Health, a healthcare technology company based in Boston secures $8.6M in seed financing co-led by Flare Capital Partners and Eniac Ventures, with additional backing from Omega Healthcare Investors, Ziegler Link-age Fund, Tau Ventures, and Digital Health Venture Partners. This brings the company's total funding to $11.23M since its launch in mid-2024.
- The new capital will be used to accelerate product development, expand the company’s clinical
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ARC and Revealense Collaborate on Joint Venture to Deliver At-Home AI-Based Neurological Diagnostics
What You Should Know:
- ARC, the innovation arm of the world-renowned Sheba Medical Center, and Revealense, a creator of a neurological-AI engine, have announced a joint venture.
- The collaboration will focus on delivering an advanced neurological diagnostic solution that uses a standard webcam to provide precise, clinically validated diagnoses for a wide range of neurological, cognitive, and developmental conditions in a patient's home.
Addressing a Major Clinical
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4 Steps to Safely Implement AI in Healthcare and Pharmacy Operations
Artificial intelligence (AI) is already transforming healthcare, including pharmacy operations, clinical workflows, and business processes. As adoption accelerates, it's essential to ensure that AI is implemented responsibly—especially given the sensitive nature of patient data and the complexities of care delivery. Success in this space requires a balance of high tech and high touch: robust human oversight and ethical governance. Here are four key steps to help healthcare and pharmacy
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Inovalon and AWS Partner to Enhance AI-Powered Solution for Medicare Advantage Audits
What You Should Know:
- Inovalon, a provider of data-driven healthcare solutions, has announced an expanded collaboration with Amazon Web Services (AWS) to enhance its Converged Record Review™ solution.
- The enhancement is in direct response to the new Centers for Medicare & Medicaid Services (CMS) requirement for annual Risk Adjustment Data Validation (RADV) audits for all Medicare Advantage (MA) contracts, beginning in 2026.
Increasing Scrutiny from Health
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M&A: CitiusTech Acquires Health Data Movers to Enhance Epic Systems and AI Integration
What You Should Know:
- CitiusTech, a provider of healthcare technology and solutions, has announced the acquisition of Health Data Movers, a healthcare technology services firm known for its expertise in platforms like Epic Systems, Workday, and ServiceNow. Financial terms of the acquisition were not disclosed.
- Founded in 2012, Health Data Movers is a U.S.-based firm with a mission to empower patients and providers by leveraging healthcare data and technology. The company brings
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