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

Citizen Health Secures $14.5M for AI Platform for Rare Diseases

by Syed Hamza Sohail 11/19/2024 Leave a Comment

Citizen Health Secures $14.5M for AI Platform for Rare Diseases

What You Should Know: - Citizen Health, an innovative AI-powered consumer health platform designed to support over 400 million individuals managing rare and complex conditions, has announced the successful closing of a $14.5 million seed round.  -  The funding round was led by Transformation Capital, with participation from Wavemaker 360 and prominent angel investors. This investment is further strengthened by a strategic partnership with the Chan
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Beyond ERP: Implementing AI in Healthcare Without Overhauling Systems

by Emmanuelle Hose GVP & General Manager – EMEA at Rimini Street 11/19/2024 Leave a Comment

Beyond ERP: Implementing AI in Healthcare Without Overhauling Systems

The healthcare industry is in a transformative era driven by artificial intelligence (AI). This technology is revolutionizing healthcare delivery, from accelerating drug discovery and streamlining clinical workflows to improving patient diagnosis and treatment plans.  In fact, AI is anticipated to potentially save healthcare professionals up to $110 billion within the next five years. This can translate to even further cost optimizations and more efficient healthcare systems on a global
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Willow Introduces “Ema”: An AI-Powered Support System for Moms

by Jasmine Pennic 11/19/2024 Leave a Comment

Willow Introduces "Ema": An AI-Powered Support System for Moms

What You Should Know:  - Willow, a FemTech company known for its innovative breast pumps, has launched a groundbreaking new feature in its app: Ema, a conversational AI tool designed to provide personalized support and guidance to mothers throughout their postpartum journey. - With the launch of Ema, Willow becomes the first breast pump company to integrate conversational AI into its app experience. This innovation demonstrates Willow's commitment to leveraging technology to improve
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Lunit, AstraZeneca Partner to Develop AI-Powered Pathology Tools for Faster Lung Cancer Diagnostics

by Fred Pennic 11/18/2024 Leave a Comment

Lunit, AstraZeneca Partner to Develop AI-Powered Pathology Tools for Faster Lung Cancer Diagnostics

What You Should Know:  - Lunit, a provider of AI solutions for cancer diagnostics and therapeutics, has announced a strategic collaboration with AstraZeneca, a global pharmaceutical company, to develop AI-powered digital pathology solutions.  - The partnership aims to improve cancer treatment by leveraging AI to analyze tissue samples and predict the likelihood of specific genetic mutations. Focusing on Lung Cancer Treatment with AI The collaboration will initially focus on
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NVIDIA BioNeMo Framework Accelerates AI Drug Discovery

by Fred Pennic 11/18/2024 Leave a Comment

NVIDIA BioNeMo Framework Accelerates AI Drug Discovery

What You Should Know:  - NVIDIA announced widespread adoption of its open-source BioNeMo™ Framework by pharmaceutical companies, techbio innovators, and AI researchers to accelerate drug discovery and molecule design.  - The framework provides a powerful suite of tools for scaling AI models in biomolecular research, bringing supercomputing capabilities to the forefront of drug development. Accelerating Drug Discovery with AI The BioNeMo Framework addresses the growing need
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Welcome to Healthcare AI 101: The Joy of the Beginner’s Mindset

by Shweta Maniar, Global Director of Healthcare & Life Sciences Solutions at Google 11/15/2024 Leave a Comment

Welcome to Healthcare AI 101: The Joy of the Beginner’s Mindset

In recent months, I’ve had the opportunity to speak about the potential of AI at a variety of organizations and events. Along with the excitement around this emerging technology, I’ve seen some common concerns. Across sectors and industries, I’ve seen an inherited mistrust of AI. Some organizations continue to think it doesn't apply to them – or worse, they’re putting their heads in the sand because they don't understand it.  But the truth is that the trendlines are clear and AI is here
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HealthEdge, Codoxo Partner for GenAI-Driven Payment Integrity

by Syed Hamza Sohail 11/15/2024 Leave a Comment

HealthEdge, Codoxo Partner for GenAI-Driven Payment Integrity

What You Should Know: - HealthEdge® and Codoxo announce a strategic partnership to provide healthcare payers with the industry’s most cutting-edge solutions and services. -  This partnership will streamline and enhance their respective end-to-end payment integrity processes by leveraging HealthEdge Source™ in conjunction with Codoxo’s GenAI-driven Unified Cost Containment Platform. By joining forces to deliver an end-to-end payment integrity solution, healthcare payers will benefit from
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Improving Mental Health Outcomes: Yung Sidekick’s AI-Driven Progress Tracking

by Syed Hamza Sohail 11/15/2024 Leave a Comment

Improving Mental Health Outcomes: Yung Sidekick's AI-Driven Progress Tracking

What You Should Know: -  Yung Sidekick, a US-based startup developing an AI-powered platform for mental health professionals, announced the release of its new Progress Tracking feature. - Designed as a measurement-based care (MBC) tool, this feature helps therapists monitor patient progress between formal assessments, tracking changes in depression, anxiety and life satisfaction on a session-by-session basis.  Revolutionizing Mental Health Care: Yung Sidekick's AI-Powered Automation and
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Lunit Partners with VIDI Group to Deliver AI-Powered Mammography to France’s Largest Radiology Network

by Jasmine Pennic 11/15/2024 Leave a Comment

Lunit and VIDI Group Partner to Enhance Breast Cancer Screening in France

What You Should Know:  - Lunit, a leading provider of AI-powered cancer diagnostics solutions, has announced a strategic alliance with VIDI Group, the largest private radiology and radiotherapy network in France.  - The partnership will expand the deployment of Lunit INSIGHT MMG, an AI solution for breast cancer screening, across VIDI's extensive network of over 400 sites and 1,200 doctors. Improving Breast Cancer Detection Lunit INSIGHT MMG is designed to assist
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Evolution: Why It’s Time to Look at Digital Health ROI Differently

by Jennifer Goldsack, CEO, DiMe, Dr. Shubs Upadhyay, Director of Medical Quality, Ada Health, Lucy Orr-Ewing, Chief of Staff & Head of Policy, CHAI 11/14/2024 Leave a Comment

Evolution: Why It's Time to Look at Digital Health ROI Differently

As the digital health market continues to expand—projected to grow from nearly $250 billion in 2023 to over $815 billion by 2030—it’s essential to reassess how we measure its success. The prevailing focus on ROI has driven much of this sector's growth. In fact, a recent survey revealed that 94% of investors prioritize ROI over clinical evidence when evaluating digital health tools. The data backs it up; 82% of healthcare and life sciences companies note significant or moderate revenue increases
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