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

Improving Mental Health Outcomes: Yung Sidekick’s AI-Driven Progress Tracking

by Syed Hamza Sohail 11/15/2024 Leave a Comment

Improving Mental Health Outcomes: Yung Sidekick's AI-Driven Progress Tracking

What You Should Know: -  Yung Sidekick, a US-based startup developing an AI-powered platform for mental health professionals, announced the release of its new Progress Tracking feature. - Designed as a measurement-based care (MBC) tool, this feature helps therapists monitor patient progress between formal assessments, tracking changes in depression, anxiety and life satisfaction on a session-by-session basis.  Revolutionizing Mental Health Care: Yung Sidekick's AI-Powered Automation and
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Lunit Partners with VIDI Group to Deliver AI-Powered Mammography to France’s Largest Radiology Network

by Jasmine Pennic 11/15/2024 Leave a Comment

Lunit and VIDI Group Partner to Enhance Breast Cancer Screening in France

What You Should Know:  - Lunit, a leading provider of AI-powered cancer diagnostics solutions, has announced a strategic alliance with VIDI Group, the largest private radiology and radiotherapy network in France.  - The partnership will expand the deployment of Lunit INSIGHT MMG, an AI solution for breast cancer screening, across VIDI's extensive network of over 400 sites and 1,200 doctors. Improving Breast Cancer Detection Lunit INSIGHT MMG is designed to assist
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Evolution: Why It’s Time to Look at Digital Health ROI Differently

by Jennifer Goldsack, CEO, DiMe, Dr. Shubs Upadhyay, Director of Medical Quality, Ada Health, Lucy Orr-Ewing, Chief of Staff & Head of Policy, CHAI 11/14/2024 Leave a Comment

Evolution: Why It's Time to Look at Digital Health ROI Differently

As the digital health market continues to expand—projected to grow from nearly $250 billion in 2023 to over $815 billion by 2030—it’s essential to reassess how we measure its success. The prevailing focus on ROI has driven much of this sector's growth. In fact, a recent survey revealed that 94% of investors prioritize ROI over clinical evidence when evaluating digital health tools. The data backs it up; 82% of healthcare and life sciences companies note significant or moderate revenue increases
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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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