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

Cofactor AI Nabs $4M to Combat Hospital Claim Denials with AI

by Syed Hamza Sohail 11/25/2024 Leave a Comment

Cofactor AI Launches Platform to Help Hospitals Fight Tidal Wave of Claims Denials and Announces $4 Million Seed Round

 What You Should Know: - Hospitals across the country are facing an ever-increasing onslaught of claims denials from insurance companies, with denials up 20.2% in 2023, according to the American Hospital Association. These denials – triggered by AI and often error-prone – cost hospitals $20 billion a year in administrative bloat and reduce patients’ access to quality care. - To help hospitals fight back, Cofactor AI today introduced a new first-of-its-kind AI-powered
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Smartphone AI Facial Scans May Help Detect Sleep Disorders, Stanford Study Finds

by Fred Pennic 11/22/2024 Leave a Comment

What You Should Know:  - Researchers at Stanford University, in collaboration with SoundHealth, have conducted a pioneering study exploring the use of smartphone facial scans and AI to analyze facial structures linked to sleep disorders.  - The approach offers the potential for earlier and more accessible screening of conditions like insomnia and obstructive sleep apnea (OSA). Non-invasive Screening with Smartphones Traditionally, identifying physical traits associated with
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Bed Shortages: How AI Can Help Reduce Length of Stay in Hospitals

by Michelle Wyatt, Senior Director of Utilization Review Services, Xsolis 11/22/2024 Leave a Comment

Bed Shortages: How AI Can Help Reduce Length of Stay in Hospitals

Length of stay management in acute care facilities represents a critical frontier for providers and payers to improve their own bottom lines, and also improve patients’ experience with the healthcare system.  Let’s take a closer look at how today’s systemic inefficiencies arose, and how collaboration within provider networks, and between payers and providers, might improve length-of-stay procedures and inefficiencies in the future. Acute care facility bed shortages, and how they
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AI in Healthcare: Balancing Automation with Human Expertise

by Kabir Gulati, VP of Data Applications at Proprio 11/22/2024 Leave a Comment

AI in Healthcare: Balancing Automation with Human Expertise

AI holds immense promise in healthcare, from improving patient care and operational efficiency to early disease detection and personalized treatment plans. AI's potential in a patient-centered environment hinges on understanding its capabilities, limitations, and the critical role of human oversight. While AI can greatly enhance human abilities, it is not infallible and cannot replace human expertise. Recognizing and preparing for AI's predictable (and unpredictable) outputs, ensuring
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Veradigm Launches AI-Powered Ambient Scribe to Ease Documentation Burden for Healthcare Providers

by Fred Pennic 11/21/2024 Leave a Comment

What You Should Know:  - Veradigm, a provider of healthcare data and technology solutions, has announced the launch of Veradigm Ambient Scribe, an AI-powered platform designed to reduce the administrative burden on healthcare providers.  - Powered by AvodahMed, the innovative solution uses ambient listening technology to automatically capture and transcribe patient-provider interactions, freeing up clinicians to focus more on patient care. Reducing Administrative Burden with
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AMV Launches Move PT: An AI-Powered Platform to Revolutionize Rehabilitation Care

by Fred Pennic 11/21/2024 Leave a Comment

AMV Launches Move PT: An AI-Powered Platform to Revolutionize Rehabilitation Care

What You Should Know:  - Academy Medtech Ventures (AMV) has announced the launch of Move PT, a cutting-edge digital health platform designed to transform rehabilitation care through the power of artificial intelligence (AI), computer vision (CV), and remote therapeutic monitoring (RTM).  - The solution empowers physical therapists, orthopedic surgeons, and other healthcare providers with the data-driven insights they need to deliver more precise and personalized patient
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Leveraging AI to Reach Occupancy Goals in Senior Living Communities: What You Should Know

by Ryan Malone, Global CEO, SmartBug Media 11/20/2024 Leave a Comment

Leveraging AI to Reach Occupancy Goals in Senior Living Communities: What You Should Know

Artificial intelligence (AI) is seemingly proliferating everywhere, and so are discussions about its advantages and pitfalls. The senior living industry finds itself at this technology crossroads as it tries to figure out if—and how—to incorporate AI into its operations. Occupancy goals are one area that holds great potential for AI to give senior living communities a nice boost. However, it’s not as easy as just flipping a switch and letting AI take over. To realize the real advantages AI
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PicnicHealth Launches AI Assistant to Empower Patients

by Jasmine Pennic 11/20/2024 Leave a Comment

PicnicHealth Launches AI Assistant to Empower Patients

What You Should Know:  - PicnicHealth, a platform that simplifies medical records and provides actionable health insights, has unveiled a new AI assistant designed to empower patients in managing their healthcare.  - PicnicHealth's AI assistant helps patients navigate the complexities of the healthcare system and make informed decisions about their health. Simplifying Healthcare Navigation Many patients, especially those with chronic conditions, struggle to keep track of their
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Jimini Health Launches with $8M for AI Therapist Assistant, Sage

by Fred Pennic 11/19/2024 Leave a Comment

Jimini Health Launches with $8M for AI-Augmented Mental Healthcare Platform

What You Should Know:  - Jimini Health, a digital health company reimagining mental healthcare, has announced its launch with $8 million in pre-seed funding from Zetta Venture Partners, LionBird, PsyMed, BoxGroup, Arkitekt Ventures, SCB, and others.  - The company offers a unique, clinician-led therapy model enhanced by responsible AI, aiming to improve patient outcomes and transform the mental health experience. - Jimini Health was co-founded by Luis Voloch, Mark Jacobstein,
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How AI is Transforming the Acute Patient Journey

by Bob Zdon, Chief Operating Officer for ABOUT 11/19/2024 Leave a Comment

How AI is Transforming the Acute Patient Journey

Optimizing patient throughput across the acute patient journey is essential if hospitals and health systems are to improve healthcare efficiency and clinical outcomes.The fundamental purpose of optimized throughput is to ensure the patient is in the best care setting possible for them at every point in their patient journey. Spending too little or too much time in an acute care setting can be detrimental to the patient. Take the case of a patient who stays in a hospital bed longer because they
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