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

AMA Issues CPT Code for Eko Health’s AI-Powered Cardiac Screening Tool

by Syed Hamza Sohail 11/14/2024 Leave a Comment

AMA Issues CPT Code for Eko Health's AI-Powered Cardiac Screening Tool

What You Should Know: - Eko Health, a pioneer in applying artificial intelligence for early detection of heart and lung diseases, today announced the issuance of a Category III Current Procedural Terminology (CPT) code by the American Medical Association (AMA) for its SENSORA™ platform. -The newly issued Category III CPT code will be effective on July 1, 2025, and is the first step to coverage and reimbursement for SENSORA™, bringing advanced heart disease detection to clinicians across
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The Future of Healthcare: AI-Powered Patient Experiences

by Juan Jose (JJ) Lopez Murphy, Head of AI and Data Science at Globant 11/14/2024 Leave a Comment

The Future of Healthcare: AI-Powered Patient Experiences

As the AI market in healthcare soars to a projected $187.95 billion by 2030, the transformative impact of technology on patient care becomes increasingly evident. AI is at the forefront of revolutionizing healthcare, blending data analytics, user-centric innovations, and advanced technology to reshape traditional health management and personalize the patient experience. This rapid evolution underscores a critical shift in healthcare dynamics by creating a patient experience that mirrors what
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Helix Unveils AI Model Predicting Semaglutide Weight Loss Response at ASHG 2024

by Jasmine Pennic 11/14/2024 Leave a Comment

Helix Unveils AI Model Predicting Semaglutide Weight Loss Response at ASHG 2024

What You Should Know:  - Helix, a leader in population genomics and precision health, presented groundbreaking research at the American Society of Human Genetics (ASHG) 2024 Annual Meeting.  - The highlight was a novel AI-powered model that predicts the 12-month weight loss response of semaglutide, a popular medication for obesity and type 2 diabetes, in diverse populations. Predicting Weight Loss with Precision Helix researchers developed an integrated polygenic risk score
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Primary Care Provider Forward Closes Its Doors

by Fred Pennic 11/13/2024 Leave a Comment

Forward Secures $100M to Expand AI-Powered Doctor’s Offices

What You Should Know:  - Forward, a technology-driven preventive primary care provider, has announced the immediate closure of all its locations and the shutdown of its mobile app.  - The sudden announcement leaves members scrambling to find new providers and access their medical records. Immediate Cessation of Services Effective immediately, Forward has ceased all operations, including: Employee Layoffs: All 200 Forward employees will be laid off. Closure of
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NVentures Invests in Genesis Therapeutics’ AI Platform for Drug Development

by Syed Hamza Sohail 11/13/2024 Leave a Comment

NVentures Invests in Genesis Therapeutics' AI Platform for Drug Development

What You Should Know: - Genesis Therapeutics, a company pioneering artificial intelligence (AI) technologies to create breakthrough medicines for patients, announced today a further equity investment from NVentures, NVIDIA’s venture capital arm. - This investment is in addition to NVentures’ participation in the company’s $200 million Series B financing in August 2023. Genesis Therapeutics Partners with NVIDIA to Advance AI-Driven Drug Discovery Genesis Therapeutics, an AI-focused
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Medeloop Raises $15.5M for AI-Driven Medical Research Platform

by Fred Pennic 11/13/2024 Leave a Comment

Medeloop Raises $15.5M for AI-Powered Medical Research Platform

What You Should Know:  - Medeloop, a pioneering medical research platform, has secured $15.5M in Series A funding to further its mission of revolutionizing medical research through artificial intelligence (AI).  - The funding round was led by Inovia Capital, with participation from Icon Ventures and support from existing investors General Catalyst and Maven Ventures. AI-Powered Platform Streamlines Research Founded by AI experts at Stanford, Medeloop partners with
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Bluespine Raises $7.2M to Combat Medical Overbilling with AI

by Fred Pennic 11/13/2024 Leave a Comment

Bluespine Raises $7.2M to Combat Medical Overbilling with AI

What You Should Know:  - Bluespine, an AI-driven claims cost reduction platform for self-insured employers, has secured $7.2M in seed funding to address the pervasive issue of medical overbilling in the US healthcare system led by Team8. - The seed funding will accelerate Bluespine's adoption by US employers and brokers, as well as support further research and development. Tackling the Healthcare Cost Crisis Bluespine was co-founded by a team of technology experts with deep
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NEC X Invests in GPx to Advance AI-Driven Chronic Disease Monitoring

by Syed Hamza Sohail 11/13/2024 Leave a Comment

NEC X Invests in GPx to Advance AI-Driven Chronic Disease Monitoring

What You Should Know: - NEC X, the Silicon Valley venture studio backed by NEC’s portfolio of advanced technologies and global businesses, today announced a new investment in General Prognostics Inc. - (GPx), a fast-growing MedTech startup revolutionizing chronic disease monitoring and management. NEC X Invests in GPx to Advance Remote Blood Monitoring Solution for Heart Failure Patients NEC X has invested in GPx as part of its strategic effort to foster healthcare innovation and
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Ubie and PatientsLikeMe Partner to Improve Patient Journeys with AI

by Syed Hamza Sohail 11/13/2024 Leave a Comment

Ubie and PatientsLikeMe Partner to Improve Patient Journeys with AI

What You Should Know: - Ubie, a global healthcare AI platform that guides patients to better interactions with providers and life sciences, and  PatientsLikeMe (PLM), the leading integrated patient engagement, activation and health tracking platform that empowers over 850,000 patients to navigate their health journeys, today announced a partnership to empower patients with serious illnesses throughout their healthcare journey.  -  By integrating Ubie’s AI-powered Symptom Checker with the
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Medable Unveils Generative AI to Accelerate Clinical Trial Startup

by Fred Pennic 11/12/2024 Leave a Comment

Medable Unveils Generative AI to Accelerate Clinical Trial Startup

What You Should Know:  - Medable Inc., a leader in clinical development technology, has announced Medable AI, a suite of generative AI capabilities designed to revolutionize the clinical trial startup process. Medable AI empowers sponsors and clinical research organizations (CROs) to build digital and decentralized trials faster, with greater efficiency and control. - The launch of Medable AI is part of a broader AI strategy for Medable, with plans to expand AI capabilities across its
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