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

CerpassRx Launches AI-Powered Specialty Drug Management Platform

by Syed Hamza Sohail 11/07/2024 Leave a Comment

CerpassRx Launches AI-Powered Specialty Drug Management Platform

What You Should Know: - CerpassRx, a leader in pharmacy benefit management (PBM), today announced the launch of the Intelligent Specialty Engine, an AI-enabled platform powered by Waltz Health to manage specialty drug spend. - CerpassRx’s innovative approach includes real-time analytics and specialty spend management capabilities that drive significant cost savings, improve transparency and optimize the specialty drug experience for health plan customers and their members – or self-insured
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Premier to Deploy TeleVox’s AI Chatbots to Hospitals Nationwide

by Fred Pennic 11/06/2024 Leave a Comment

Premier to Deploy TeleVox’s AI Chatbots to Hospitals Nationwide

What You Should Know:  - TeleVox, a provider of omnichannel patient relationship management platforms, has recently secured a national group purchasing agreement with Premier, Inc., a healthcare improvement company.  - The strategic collaboration aims to make TeleVox's AI-powered chatbots more accessible to Premier's vast network of hospitals and healthcare providers. Enhancing Patient Engagement with Conversational AI Under this agreement, Premier members will have access
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EveLab Insight Optimizes Skin Analysis with AI-Powered Neck Scan

by Jasmine Pennic 11/06/2024 Leave a Comment

EveLab Insight Optimizes Skin Analysis with AI-Powered Neck Scan

What You Should Know:  - EveLab Insight, a pioneer in the beauty tech industry, has introduced a game-changing advancement to its Eve V Panoramic AI Skin Analysis System: a comprehensive neck analysis feature.  - The innovation elevates the system's capabilities beyond facial analysis, setting a new standard for precision and detail in evaluating neck wrinkles and fine lines.  Unveiling the Ground Truth of Skin The Eve V system captures high-quality 3D face contour and
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Navigating Security and Privacy Challenges in Healthcare IT: A Strategic Approach

by Yigal Rozenberg, SVP Technology, Protegrity 11/05/2024 Leave a Comment

Navigating Security and Privacy Challenges in Healthcare IT: A Strategic Approach

The healthcare IT sector faces significant challenges in ensuring the security and privacy of sensitive patient information. Healthcare organizations are navigating an increasingly complex array of threats, from physical security breaches to sophisticated cyberattacks. The importance of a comprehensive approach to security cannot be overstated, as it involves integrating physical, procedural, and technological measures to protect patient data and maintain trust. The consequences of breaches can
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OpenNotes and Abridge Partner to Evaluate AI-Generated Visit Summaries for Enhanced Patient Understanding

by Fred Pennic 11/01/2024 Leave a Comment

OpenNotes and Abridge Partner to Evaluate AI-Generated Visit Summaries for Enhanced Patient Understanding

What You Should Know:  - OpenNotes, an advocate for healthcare transparency, and Abridge, an AI-powered clinical documentation platform, have joined forces to improve patient engagement and understanding through enhanced AI-generated visit summaries.  - The collaboration, part of the new OpenNotes Lab at Beth Israel Deaconess Medical Center (BIDMC), will leverage patient feedback and AI to create more effective and accessible patient-facing documentation. Improving Patient
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AI-Powered Surgical Platform Definition Health Secures $7.5M

by Syed Hamza Sohail 11/01/2024 Leave a Comment

AI-Powered Surgical Platform Definition Health Secures $7.5M

What You Should Know: - Definition Health, a UK-based, clinician-led HealthTech innovator, has secured £5.75 million ($7.5 million USD) in pre-seed funding for surgical care with innovative predictive AI. This funding will further fuel the enhancement of its platform, designed to seamlessly integrate into healthcare systems, transforming surgical workflows. - By delivering personalized, data-driven care, Definition Health’s platform improves surgical efficiency, reduces complications, and
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How AI Can Drive the Transition to Value-Based Care

by Robert Connely, Global Industry Market Leader for Healthcare at Pega 11/01/2024 Leave a Comment

Harnessing Data for Value Based Care

The healthcare industry is at a crossroads, grappling with the dual challenges of declining health quality metrics and skyrocketing care costs. The reality is that health outcomes are driven more by what patients do than by what providers or payers do.  It is estimated that 80% of health outcomes are driven by non-medical factors – often social or behavioral risks that impact health and lead to poor outcomes and high costs. Value-based care (VBC) shifts this focus to helping the patient
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Evogene and Google Cloud Partner to Develop AI Foundation Model for Drug Discovery

by Syed Hamza Sohail 11/01/2024 Leave a Comment

Evogene and Google Cloud Partner to Develop AI Foundation Model for Drug Discovery

What You Should Know: - Evogene Ltd. (NASDAQ: EVGN, TASE: EVGN), a leading computational biology company aiming to revolutionize life-science-based product discovery and development, today announced a collaboration with Google Cloud to develop a cutting-edge foundation model for generative small molecule de novo design, propelling Evogene’s ChemPass AI tech-engine to new levels of innovation. - ChemPass AI is a computational technology platform that directs and accelerates the discovery
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Starget Pharma Secures $5.1M for AI-Powered Targeted Radiotherapy for Cancer

by Fred Pennic 10/31/2024 Leave a Comment

What You Should Know:  - Starget Pharma, an innovative startup specializing in precision cancer diagnostics and targeted radiotherapy, has secured $5.1M in funding from Cancer Focus, a fund established in collaboration with the renowned MD Anderson Cancer Center.  - The investment will support Starget Pharma's upcoming clinical trial for treating advanced metastatic cancers, including sarcomas, neuroendocrine tumors, melanoma, and liver cancer. Revolutionizing Cancer Treatment
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Accenture Invests in 1910 Genetics to Accelerate AI-Powered Drug Discovery

by Fred Pennic 10/31/2024 Leave a Comment

Accenture Invests in 1910 Genetics to Accelerate AI-Powered Drug Discovery

What You Should Know:  - Accenture has made a strategic investment, through Accenture Ventures, in 1910 Genetics, a biotechnology company revolutionizing drug discovery with its AI-powered platform. Terms of the investment were not disclosed. - The strategic collaboration will combine Accenture's expertise in scaling AI solutions with 1910 Genetics' innovative technology to help biopharmaceutical companies accelerate drug development, reduce costs, and deliver more effective therapies
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