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

eClinicalWorks Unveils Transformative AI Enhancements

by Syed Hamza Sohail 10/28/2024 Leave a Comment

eClinicalWorks Unveils Transformative AI Enhancements

What You Should Know: - More than 4,000 healthcare professionals and staff from across the nation attended the 2024 eClinicalWorks and healow National Conference, where eClinicalWorks®, the largest ambulatory cloud EHR, unveiled a series of transformative AI-powered enhancements and solutions designed to optimize practice and provider efficiency.  - eClinicalWorks and healow® also announced their expected growth, with a projected record-high $1 billion in revenue in 2024 compared to $917
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AI Washing in Healthcare: How to Identify and Avoid Empty Promises

by Dr. Hugh Cassidy, Head of Artificial Intelligence and Chief Data Scientist at LeanTaaS 10/28/2024 Leave a Comment

Dr. Hugh Cassidy, Head of Artificial Intelligence and Chief Data Scientist at LeanTaaS

The costs of care are rising, and with them, the pressure on healthcare systems to manage resources effectively. Between 2019 and 2022 alone, overall hospital expenses surged by 17.5%, while hospital labor costs grew by 20.8%, according to a recent report from the American Hospital Association. This financial strain, coupled with ongoing resource constraints and staffing shortages, has created a perfect storm, making it increasingly difficult for health systems to maintain both
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SmarterDx Launches AI-Powered Appeals Solution to Fight Payer Denials

by Fred Pennic 10/28/2024 Leave a Comment

SmarterDx Launches AI-Powered Appeals Solution to Fight Payer Denials

What You Should Know:  - SmarterDx, a provider of clinical AI for revenue integrity, has announced the launch of SmarterDenials, an innovative AI-driven solution designed to help hospitals fight unjust claim denials.  - With denials on the rise, causing operational disruptions and revenue loss for healthcare providers, SmarterDenials empowers hospitals to generate stronger clinical appeal letters and secure faster and more accurate reimbursements. Addressing the Growing
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The Double-Edged Sword of GenAI in the Life Sciences Sector

by Rob Juncker, CTO of Code42 (now part of Mimecast) 10/28/2024 Leave a Comment

The Double-Edged Sword of GenAI in the Life Sciences Sector

It’s said that data is the lifeblood of the modern enterprise. While that’s certainly true, it’s also true that there is perhaps no industry as dependent on data – and protecting it – as the life sciences sector. Of course, the very nature of data has evolved significantly over the past few years. What once consisted of straightforward records and research results has now expanded to include highly complex and distributed datasets generated by advanced technologies like genomics, AI-driven
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Teledentistry Platform Grin Secures Investment from CareQuest Innovation Partners to Expand Access to Virtual Dental Care

by Fred Pennic 10/28/2024 Leave a Comment

Teledentistry Platform Grin Secures Investment from CareQuest Innovation Partners to Expand Access to Virtual Dental Care

What You Should Know:  - Grin, a virtual care platform for oral health, has secured a significant investment from CareQuest Innovation Partners. This funding will accelerate Grin's mission to improve access to dental care, particularly for underserved communities, and further develop its innovative teledentistry solutions. - CareQuest Innovation Partners is dedicated to supporting and scaling transformative solutions to improve oral health. This investment in Grin reinforces their
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AMA Approves CPT Code for Cleerly’s AI-Powered Solution

by Fred Pennic 10/28/2024 Leave a Comment

AMA Approves CPT Code for Cleerly's AI-Powered Solution

What You Should Know:  - Cleerly, a pioneer in advanced cardiovascular imaging, is celebrating a significant victory in the adoption of artificial intelligence (AI) in healthcare. The American Medical Association (AMA) has officially approved a Category I CPT code for Cleerly's AI-QCT advanced plaque analysis.  - The decision, effective January 1, 2026, marks a major step forward in recognizing and reimbursing AI-driven technologies that improve patient outcomes in cardiovascular
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Backed by Visa, Osigu Secures $25M to Modernize Healthcare Payments Across Latin America

by Fred Pennic 10/25/2024 Leave a Comment

Backed by Visa, Osigu Secures $25M to Modernize Healthcare Payments Across Latin America

What You Should Know:  - Osigu, an AI-powered platform for healthcare claims and revenue management in Latin America and the Caribbean, has raised $25 million in Series B funding led by IDC Ventures, with strategic participation from Visa.  - Visa's strategic investment and partnership will drive the development of real-time payment solutions for healthcare providers. Addressing Healthcare Payment Inefficiencies The healthcare sector in Latin America and the Caribbean faces
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Gradient Health Acquires DataAppraisal to Expand Medical AI

by Fred Pennic 10/25/2024 Leave a Comment

Gradient Health Acquires DataAppraisal to Expand Medical AI

What You Should Know:  - Gradient Health, a leading provider of medical imaging data for AI development, has acquired DataAppraisal, a healthcare AI company specializing in unlocking the value of anonymized data from health systems worldwide.  - The strategic acquisition will significantly expand Gradient Health's ability to provide medical AI developers with access to a vast and diverse collection of de-identified medical imaging studies, including datasets from underserved
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Authenticx Launches Ava, an AI-Powered Assistant for Healthcare Insights

by Syed Hamza Sohail 10/25/2024 Leave a Comment

Authenticx Launches Ava, an AI-Powered Assistant for Healthcare Insights

What You Should Know: - Authenticx, a top conversation intelligence platform for healthcare organizations, today announced the launch of Ava, an AI-powered in-app assistant that helps users quickly answer their most pressing business questions while serving up meaningful insights from their own data. - The AI assistant can analyze call transcripts, interpret correlations between AI models, provide coaching feedback on agent performance, and recommend strategic actions to take based on
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Abbott Launches Clinical Trial to Optimize Heart Failure Treatment with AI-Powered Monitoring

by Jasmine Pennic 10/24/2024 Leave a Comment

Abbott Pioneers New Clinical Trial to Optimize Heart Failure Treatment with AI-Powered Monitoring

What You Should Know:  - Abbott, a global healthcare leader, has announced a new clinical trial, TEAM-HF,  designed to improve outcomes for patients with worsening heart failure.  - The first-of-its-kind trial will leverage AI and Abbott's CardioMEMS™ HF System to identify patients who may benefit from earlier intervention with advanced therapies, such as a HeartMate 3™ left ventricular assist device (LVAD). Addressing the Challenges of Advanced Heart Failure Heart
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