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

German Bionic Unveils First True Augmented AI Exoskeleton, Exia

by Fred Pennic 05/27/2025 Leave a Comment

German Bionic Launches "Exia," World's First Exoskeleton Powered End-to-End by True Augmented AI

What You Should Know:  - German Bionic, the robotics pioneer renowned for first connecting exoskeletons to the cloud, launches Exia – its most advanced wearable device to date and the world’s first exoskeleton powered end-to-end by true Augmented AI.  - Informed by insights from billions of real-world motion data points collected across industries including manufacturing, logistics, retail, and healthcare, Exia aims to set a new benchmark for strength, intelligence, and
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Brooklyn Health Secures $6.5M to Expand AI-Powered Precision for Clinical Trial Endpoints

by Fred Pennic 05/27/2025 Leave a Comment

Brooklyn Health Secures $6.5M to Expand AI-Powered Precision for Clinical Trial Endpoints

What You Should Know:  - Brooklyn Health, a neuroscience technology company focused on objective measurement of mental health announced it has secured $6.5M in seed funding led by HealthX, with participation from Metrodora Ventures, Story Ventures, RiverPark Ventures, Laconia Capital, Everywhere Ventures, Hypothesis Studio, Blue Falcon Capital, and others. - The funding coincides with the company's debut of its new electronic clinical outcome assessment (eCOA) solution, Willis. Willis
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John Snow Labs Acquires WiseCube to Bolster AI-Powered Biomedical Knowledge and Drug Discovery

by Fred Pennic 05/27/2025 Leave a Comment

John Snow Labs Acquires WiseCube to Bolster AI-Powered Biomedical Knowledge and Drug Discovery

What You Should Know:  - John Snow Labs, the AI for healthcare company announced its acquisition of WiseCube, a pioneer in biomedical knowledge graphs and AI-powered literature analysis. Financial details of the acquisition were not disclosed.  - The strategic move is set to significantly enhance John Snow Labs' mission to deliver responsible, accurate, and explainable healthcare AI solutions by integrating WiseCube’s billion-scale knowledge platform. Enhancing AI Capabilities in
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Neuro-Symbolic AI Brings Precision to Healthcare Risk Adjustment

by Chris Lally, VP Operations, RAAPID INC 05/27/2025 Leave a Comment

Neuro-Symbolic AI Brings Precision to Healthcare Risk Adjustment

A conversation with RAAPID founder and CEO Chetan Parikh reveals how his company's purpose-built AI platform is transforming risk adjustment in healthcare. The Series A investment from Microsoft's M12 venture fund marks a significant milestone in the organization's mission to accelerate healthcare's transition to value-based care. "Our vision is to develop and deploy advanced healthcare AI technologies that empower healthcare workers to deliver quality & affordable care," Parikh explains.
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WellTheory Secures $5M to Launch AI Tools to Transform Autoimmune Care

by Fred Pennic 05/23/2025 Leave a Comment

WellTheory Secures $5M to Launch AI Tools to Transform Autoimmune Care

What You Should Know:  - WellTheory, a whole-person care platform for autoimmune disease secures $5M in new funding and the successful rollout of its proprietary AI tools, Care Hub and Care Scribe, across its care operations.  - New investors Samsung Next, Opal Ventures, and Up2 Fund joined the round, with continued support from existing investors Accel, OVO Fund, and BoxGroup. - The new capital will fuel the company’s expansion into the employer and health plan markets and
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Experity Launches AI-Powered Partner Ecosystem to Modernize Urgent Care Tech Infrastructure

by Fred Pennic 05/23/2025 Leave a Comment

Experity Launches AI-Powered Partner Ecosystem to Modernize Urgent Care Tech Infrastructure

What You Should Know:  - Experity, an on-demand healthcare solution provider serving 22 of the 25 largest enterprise urgent care organizations in the U.S. launches its innovative Partner Ecosystem.  - The initial rollout of AI-driven capabilities and resources within Experity’s software platform signifies a strategic investment aimed at evolving the landscape of urgent care by enhancing efficiency, creating new profit opportunities for clinics, and expanding the human impact of
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WorkDone Secures $1.8M to Tackle EHR Documentation Errors with AI Copilot

by Jasmine Pennic 05/23/2025 Leave a Comment

WorkDone Secures $1.8M Pre-Seed Funding to Tackle EHR Documentation Errors with AI Copilot

What You Should Know:  - WorkDone, a healthcare AI startup closes $1.8M in pre-seed funding round aimed at tackling one of healthcare's most costly and persistent challenges: documentation errors in Electronic Health Records (EHRs).  - The round, which took place in April this year, saw backing from Pioneer Fund, DVC, Fjor, Ryan Chan, Eric Norman, and other notable early-stage investors. Addressing a Costly Challenge in Healthcare Documentation Inaccurate or incomplete
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Axle Health Secures $10M to Transform Home Healthcare Operations with AI-Powered Logistics

by Fred Pennic 05/22/2025 Leave a Comment

Axle Health Secures $10M to Transform Home Healthcare Operations with AI-Powered Logistics

What You Should Know:  - Axle Health, a pioneering technology company focused on transforming home healthcare operations secures $10M in Series A financing round led by F-Prime, with participation from Y Combinator, Pear VC, and Lightbank. - The new capital infusion will fuel Axle Health's aggressive expansion plans. The company intends to scale its proprietary healthcare logistics platform, enhance its AI-powered scheduling and routing algorithms, accelerate the development of its
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AI Optimizing Payer-Provider Relations: From Adversarial to Collaborative

by Donald Rucker, MD, Chief Strategy Officer for 1upHealth 05/22/2025 Leave a Comment

AI Optimizing Payer-Provider Relations: From Adversarial to Collaborative

Payer-provider relations are undergoing a major shift. The classic adversarial battles in the fee-for-service world are gradually giving way to capitated plans with more win-win incentives. The reality is that providers and payers famously have to live in the “two canoes” world, with one foot in volume-based revenue and the other foot in value-based revenue.   As one can see, there is extraordinary information and calculation needed to optimize revenues on both sides. The good news
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Innovaccer Launches “Gravity™” Healthcare Intelligence Platform to Accelerate AI-Driven Transformation

by Fred Pennic 05/22/2025 Leave a Comment

Innovaccer Launches "Gravity™" Healthcare Intelligence Platform to Accelerate AI-Driven Transformation

What You Should Know:  - Innovaccer Inc., an healthcare AI company launches Innovaccer Gravity™, its comprehensive Healthcare Intelligence Platform.  - The platform is engineered to help healthcare organizations unlock the full potential of their data, enabling them to accelerate AI-driven transformation, achieve faster return on investment (ROI), and reduce total cost of ownership (TCO). - Innovaccer Gravity aims to unify disparate data from electronic health records (EHRs),
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