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

Truveta Genome Project to Create Largest, Most Diverse Genomic Database with AI

by Syed Hamza Sohail 01/15/2025 Leave a Comment

Truveta Genome Project to Create Largest, Most Diverse Genomic Database with AI

What You Should Know: -  Today, leading US health systems, including Advocate Health, CommonSpirit Health, Henry Ford Health, Northwell Health, Providence, and Trinity Health, announce the Truveta Genome Project, an innovative collaboration to generate genetic data on tens of millions of consented and de-identified volunteers, creating the largest and most diverse database of genotypic and phenotypic information ever assembled.  -  At over ten times the scale of previous endeavors, this
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Waystar Launches AltitudeAI to Combat Claim Denials with AI-Powered Automation

by Syed Hamza Sohail 01/15/2025 Leave a Comment

Waystar Launches AltitudeAI to Combate Claim Denials with AI-Powered Automation

What You Should Know: -  Waystar (Nasdaq: WAY), a provider of leading healthcare payment software, today announced the launch of Waystar AltitudeAI™, a comprehensive set of AI capabilities for providers, including AltitudeCreate™, a new generative AI innovation focused on appealing denied claims. -  By autonomously generating appeal letters, Waystar aims to help providers recover a substantial portion of payments tied to more than 450 million annually denied claims, ultimately enabling
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AI-Powered Imaging: Sutter Health and GE HealthCare Form Care Alliance

by Fred Pennic 01/14/2025 Leave a Comment

AI-Powered Imaging: Sutter Health and GE HealthCare Form Care Alliance

What You Should Know:  - Sutter Health and GE HealthCare announced a seven-year strategic partnership, called a Care Alliance, to enhance access to innovative imaging services and create a more seamless and coordinated experience for clinicians and patients across the Sutter Health system.  - The collaboration, one of GE HealthCare's largest enterprise strategic partnerships, will bring advanced imaging technology and digital solutions to communities throughout
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Mayo Clinic to Deploy Abridge’s AI-Powered Clinical Documentation Across Enterprise

by Syed Hamza Sohail 01/14/2025 Leave a Comment

Mayo Clinic to Deploy Abridge's AI-Powered Clinical Documentation Across Enterprise

What You Should Know: -  Abridge has finalized an enterprise-wide agreement with Mayo Clinic to implement the AI-powered clinical documentation platform, starting with approximately 2,000 clinicians who serve over 1 million patients annually across a wide range of specialties and care settings. -  This marks a significant expansion in the collaboration between Mayo Clinic and Abridge, building on the previously announced initiative to enhance nursing documentation workflows, which are
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Arcadia Launches AI-Powered Precision Medicine Solution

by Fred Pennic 01/14/2025 Leave a Comment

**Arcadia: Transforming Healthcare with Data-Driven Solutions** Arcadia empowers payers and providers to harness the full potential of their data, driving transformation in healthcare. Through an interoperable data platform, Arcadia uses advanced analytics to shape strategies, inform decisions, and facilitate actions that improve patient outcomes, operational efficiencies, and financial performance. Trusted by leading healthcare institutions such as Southwestern Health Resources, Tandigm, Castell, Rush Health, and Beth Israel Lahey Health, Arcadia is at the forefront of healthcare innovation. **Newly Launched Solutions** Arcadia has introduced several cutting-edge solutions to support healthcare organizations in improving their performance: - **Enhanced Benchmarks**: This solution helps organizations analyze market-based cost, utilization, risk, and quality benchmarks alongside their own performance, uncovering opportunities for improvement. By integrating CareJourney’s market intelligence—comprising 100% of Medicare fee-for-service claims and Medicare Advantage encounters—with Arcadia’s de-identified benchmarks, it provides fresh, transparent insights at the provider, practice, facility, and network level. - **Arcadia Vista Push**: An analytics activation layer that simplifies the delivery of custom insights to providers at scale via email. This solution automates enterprise-wide performance reporting, driving awareness and engagement with performance improvement strategies. It also streamlines provider group reporting for payers, supporting better decision-making. **Future Innovations** Arcadia continues to invest in innovative solutions that will launch in the coming quarter: - **Arcadia Network Modeler**: Powered by a comprehensive database of over 745,000 providers nationwide, this tool allows healthcare organizations to design, build, and evaluate networks. It provides valuable insights to help expand into new geographies, manage existing networks more effectively, and ensure health equity, quality care, and an improved member experience. The solution integrates with Arcadia’s workflow tools to automate referral management and reduce administrative tasks. - **Arcadia Contract IQ**: This tool simplifies the design, negotiation, and forecasting of value-based care contracts. Featuring a form-based interface, it fosters collaboration across stakeholders, reducing data sprawl and simplifying contract complexities. It also enables "what-if" analyses for contract terms and acts as a decision support tool to determine the optimal contract type for specific populations. Additionally, users gain access to Arcadia’s actuarial partners for further insights. Arcadia’s continuous investment in advanced analytics and data-driven solutions is shaping the future of healthcare, enabling organizations to make informed, impactful decisions that improve care and efficiency.

What You Should Know:  - Arcadia, a healthcare data platform, announced a new AI-driven precision medicine solution designed to identify patients with undiagnosed or misdiagnosed conditions who are at risk of poor health outcomes.  - The new AI-enabled solution empowers healthcare providers to connect these patients with appropriate treatments, ultimately improving their health and reducing the total cost of care. AI-Driven Insights for Precision Medicine Arcadia launched
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WindRose Invests in CIVIE, an AI-Powered Radiology Solutions Provider

by Fred Pennic 01/14/2025 Leave a Comment

WindRose Invests in CIVIE, an AI-Powered Radiology Solutions Provider

What You Should Know:  - WindRose Health Investors, a New York-based healthcare private equity firm, announced a strategic investment in CIVIE, an AI-powered ecosystem of radiology solutions.  - The investment will fuel CIVIE's growth and development of its innovative technology platform, designed to optimize revenue, enhance productivity, and improve patient outcomes for radiology practices and hospital systems. A Collaborative Partnership WindRose partnered with the
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Broad Institute & Manifold Partner to Develop AI Research Platform

by Jasmine Pennic 01/13/2025 Leave a Comment

Broad Institute & Manifold Partner to Develop AI Research Platform

What You Should Know:  - The Broad Institute of MIT and Harvard is collaborating with Manifold, a leader in AI-powered research infrastructure, to develop a next-generation platform for biomedical research.  - The strategic partnership aims to enhance data analysis, secure sharing, and global collaboration, empowering scientists worldwide to accelerate discovery. Manifold: Accelerating Biomedical Research with AI Founded in 2016, Manifold's AI-powered platform streamlines
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Qventus Secures $105M to Advance AI Assistants for Optimal Health System Efficiencies

by Syed Hamza Sohail 01/13/2025 Leave a Comment

Qventus Secures $105M to Advance AI Assistants for Optimal Health System Efficiencies

What You Should Know: -  Qventus, a leading provider of AI-based care automation software for health systems, today announced a $105 million investment led by global investment firm KKR, with additional participation from world-renowned investment firm Bessemer Venture Partners, and new strategic investors, including leading health systems Northwestern Medicine, HonorHealth, and Allina Health. -  Qventus has built an AI-first care operations automation platform deployed across leading
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AWS, General Catalyst to Develop GenAI Solutions for Personalized Healthcare

by Fred Pennic 01/13/2025 Leave a Comment

HLTH22: General Catalyst Adds 10 New Health System Partners

What You Should Know:  - Amazon Web Services (AWS) and General Catalyst, a global investment firm, are embarking on a groundbreaking collaboration to transform healthcare through the power of generative AI.  - The strategic partnership brings together AWS's technological expertise and General Catalyst's deep healthcare investment experience to address critical challenges and reimagine the future of care delivery. Leveraging GenAI for Personalized Healthcare By combining
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NVIDIA Collaborates with IQVIA, Illumina, and Mayo Clinic to Drive Drug Discovery

by Fred Pennic 01/13/2025 Leave a Comment

NVIDIA Collaborates with IQVIA, Illumina, and Mayo Clinic

What You Should Know:  - NVIDIA announced collaborations with key players like IQVIA, Illumina, Mayo Clinic, and Arc Institute to accelerate drug discovery, enhance genomic research, and pioneer advanced healthcare services using agentic and generative AI. - These strategic partnerships and technologies mark a significant step forward in the application of AI in healthcare.  AI is Transforming Healthcare The convergence of AI, accelerated computing, and biological data is
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