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

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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Patients Prefer AI Over Doctors — Is The Future of Healthcare Here?

by Max Votek, co-founder of Customertimes 12/18/2024 Leave a Comment

Patients Prefer AI Over Doctors — Is The Future of Healthcare Here?

AI has left a mark on every industry and the healthcare industry is no exception. Over the years, AI has been integrated into important parts of the healthcare system, such as diagnosis, treatment, patient care, and daily administrative processes. But we’re left to wonder if the large-scale integration of AI could mean that patients are starting to rely on AI instead of choosing one-on-one interaction with medical professionals. Understanding the Shift in Patient Preferences Over 83
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Dexcom Introduces Generative AI Platform for Glucose Biosensing

by Jasmine Pennic 12/17/2024 Leave a Comment

Dexcom Introduces Generative AI Platform for Glucose Biosensing

What You Should Know:  - Dexcom, the global leader in continuous glucose monitoring (CGM), has achieved another groundbreaking milestone by launching the first generative AI (GenAI) platform in glucose biosensing technology, Stelo.  - The Stelo platform analyzes individual health data patterns to provide personalized insights and recommendations for improving metabolic health. AI-Powered Personalized Guidance The Dexcom GenAI platform leverages Google Cloud's Vertex AI and
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Anatomy Financial Secures $19M to Expand AI-Powered Lockbox for Healthcare Providers

by Syed Hamza Sohail 12/17/2024 Leave a Comment

Anatomy Financial Secures $19M to Expand AI-Powered Lockbox for Healthcare Providers

What You Should Know: - Anatomy Financial, the developer of the AI-powered lockbox to convert paper mail from healthcare practices of all sizes to an email-like experience for simplified billing workflows, today announces $19M in Series A funding led by Canapi Ventures. -Neil Underwood from Canapi and Nicole Quinn from Lightspeed Venture Partners will be joining the Anatomy board, supporting Anatomy’s efforts to bring a digital back office and AI-powered financial operations to healthcare
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The Role of AI in Streamlining Cannabis Dosage Recommendations

by Fred Pennic 12/17/2024 Leave a Comment

The Role of AI in Streamlining Cannabis Dosage Recommendations

The use of medical cannabis is gaining traction for managing a wide range of conditions, from pain to stress. However, determining the right dosage remains a significant challenge.  Factors such as individual metabolism, tolerance levels, and body composition can influence how product potency affects individuals. While you can use these factors to make an educated guess on dosage, pinpointing the ideal potency level often takes experimentation.  However, artificial intelligence
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Digital Health at a Crossroads: Navigating Challenges and Opportunities in 2025

by Fred Pennic 12/16/2024 Leave a Comment

Digital Health at a Crossroads: Navigating Challenges and Opportunities in 2025

What You Should Know:  - The digital health industry is at a critical juncture, facing both challenges and opportunities as it navigates a shifting financial landscape and prepares for growth in 2025.  - A new report, “Digital Health Go-to-Market Report” from Summit Health Advisors, based on a survey of 103 senior leaders in the digital health sector, provides valuable insights into the current state and future outlook of the industry. Digital Health Investment Landscape The
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SpinSci Secures $53M for AI-Enhanced Patient Engagement

by Fred Pennic 12/13/2024 Leave a Comment

SpinSci Secures $53M for AI-Enhanced Patient Engagement

What You Should Know:  - SpinSci, a healthcare technology company specializing in AI-powered patient engagement solutions secures $53M majority investment from Aldrich Capital Partners.  - The company plans to use the funding to accelerate SpinSci's growth and innovation in delivering seamless digital experiences for healthcare providers and patients. Comprehensive Patient Journey Support SpinSci has disrupted the healthcare industry by delivering AI-driven solutions that
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Neuro-Symbolic AI in Healthcare: Unlocking Precision Medicine

by Karim Galil, Co-Founder and Chief Executive Officer of Mendel AI 12/12/2024 Leave a Comment

Neuro-Symbolic AI in Healthcare: Unlocking Precision Medicine

Until recently, the term “symbolic” bore negative connotations in AI because it harkened back to the failures to achieve symbolic thinking during the so-called “AI winter” of the 1980s. Since then, generative AI has demonstrated the masterly capacities of neural networks at scale. Generative AI has relieved doctors of their administrative and cognitive burdens, for example, by handling administration and paperwork, including clinical summaries. More than 70 percent of healthcare organizations
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UChicago Medicine Expands Abridge GenAI Program to 800+ Clinicians

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

UChicago Medicine Expands Abridge GenAI Program to 800+ Clinicians

What You Should Know: - Promising results from a pilot program using a generative AI platform to help with clinical documentation show improvements in both patient and clinician experiences at the University of Chicago Medicine, according to survey data of patients at the academic health system. - UChicago Medicine will expand the program to more than 800 clinicians across its health system.  Abridge: Revolutionizing Clinical Documentation Through AI-Powered Medical
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