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

90% of Healthcare Insurers Struggle to Get Insights from Data – Is AI the Answer?

by Fred Pennic 07/16/2024 Leave a Comment

90% of Healthcare Insurers Struggle to Get Insights from Data - Is AI the Answer?

What You Should Know - A new study by ActiveOps, a leader in AI-powered decision intelligence, paints a concerning picture of the US healthcare insurance industry drowning in data yet thirsty for insights. The crux of the problem? Critical decision-making is hampered by a severe lack of data accessibility, context, and trust. - The ActiveOps study was commissioned Censuswide to survey Chief Operating Officers, Chief Financial Officers, and Senior Heads of Operations within the US
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Guidehealth, Story Health Partner to Deliver Value-Based Cardiology Care

by Fred Pennic 07/15/2024 Leave a Comment

Guidehealth, Story Health Partner to Deliver Value-Based Cardiology Care

What You Should Know:  - Guidehealth, an AI-powered healthcare services company, and Story Health, a digital health leader in specialty care delivery, have joined forces to offer a comprehensive cardiology care program for health systems and clinically integrated networks (CINs).  - By leveraging their combined expertise, Guidehealth and Story Health aim to revolutionize cardiology care, leading to better outcomes for patients and a more cost-effective healthcare system. Focus
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mpathic Receives SBIR Award to Address Racial Bias in Healthcare AI

by Fred Pennic 07/12/2024 Leave a Comment

mpathic Receives SBIR Award to Address Racial Bias in Healthcare AI

What You Should Know:  - mpathic, the leader in AI-powered actionable conversation analytics specializing in healthcare, life sciences, and client services was recently awarded an NIH SBIR grant to address racial bias in mental healthcare AI. - The prestigious grant will support the development of a groundbreaking project titled "Empathy for Everyone: Generative AI that Improves Patient-Provider Cultural Attunement in Real Time." mpathic wants all mental health providers to address
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Hands-Free Texting for Paralysis Patients: Synchron Integrates Generative AI into BCI

by Fred Pennic 07/11/2024 Leave a Comment

Hands-Free Texting for Paralysis Patients: Synchron Integrates AI into BCI

What You Should Know:  - Synchron, a leading innovator in brain-computer interface (BCI) technology, has announced a groundbreaking integration of generative AI into its BCI platform.  - The integration, powered by OpenAI, empowers individuals with severe paralysis to interact with the digital world through thought-controlled texting, offering a new level of communication and independence. Unlocking Communication with Thought The novel BCI chat feature leverages OpenAI's
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Regard Secures $61M for AI-Powered Clinical Insights Platform

by Fred Pennic 07/11/2024 Leave a Comment

WakeMed to Deploy Regard’s AI Clinical Automation Platform Across Enterprise

What You Should Know:  - Regard, an AI-powered clinical insights platform raises $61M in Series B funding led by Oak HC/FT with participation from prominent healthcare and technology investors.  - The investment will fuel the company's mission to unlock the full potential of patient data for improved clinical care. Untapped Potential in Healthcare Data The healthcare industry is experiencing a data deluge. New technologies generate mountains of patient information, but a
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Cognizant and Yseop Partner to Deliver GenAI Medical Writing for Life Sciences

by Fred Pennic 07/11/2024 Leave a Comment

Cognizant and Yseop Partner to Deliver GenAI Medical Writing for Life Sciences

What You Should Know:  - Cognizant and Yseop, a leading AI software company, have joined forces to accelerate and streamline scientific content creation in the biopharmaceutical industry.  - The strategic partnership leverages Yseop Copilot, a generative AI tool, to transform medical writing, enhance productivity, and expedite the delivery of life-saving treatments. Challenges of Traditional Medical Writing The current process for creating scientific content is a
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Oracle Strengthens Pharmacovigilance Solutions with AI-Powered Enhancements

by Jasmine Pennic 07/11/2024 Leave a Comment

Oracle Strengthens Pharmacovigilance Solutions with AI-Powered Enhancements

What You Should Know:  - Oracle announced significant updates to its Argus and Safety One Intake solutions, bolstering its pharmacovigilance portfolio with AI-powered features.  - These AI enhancements cater to the evolving needs of life science organizations, allowing them to navigate increasingly complex regulatory landscapes and manage rising adverse event caseloads. Enhanced Efficiency and Regulatory Compliance The new features prioritize efficiency and regulatory
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Stanford Medicine Launches AI-Powered Consult to Improve Clinical Decisions + Outcomes

by Jasmine Pennic 07/10/2024 Leave a Comment

Stanford Medicine Launches AI-Powered Consult to Improve Clinical Decisions + Outcomes

What You Should Know:  - Stanford Medicine is revolutionizing the way community physicians deliver care with the launch of Patients Like Mine, a suite of services designed to equip them with the data and resources needed to provide high-quality, evidence-based treatment to their patients.  - By empowering community physicians with the tools and knowledge they need, this program has the potential to revolutionize healthcare delivery, ensuring high-quality, evidence-based care for
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Empara Launches AI Virtual Assistant for Navigating Benefits

by Syed Hamza Sohail 07/10/2024 Leave a Comment

Empara Launches AI Virtual Assistant for Navigating Benefits

What You Should Know: - Empara, a developer of healthcare technology focused on making healthcare accessible, affordable and seamless, has announced the launch of Em, its customizable AI virtual assistant. - Em is designed to make the member experience of navigating benefits simpler, more intuitive and personalized, while also increasing the efficiency and effectiveness of service providers and HR teams. Empara: Innovating Healthcare with Generative AI Empara is a developer
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Octagos Health Secures $43M to Power AI-Driven Cardiac Care

by Fred Pennic 07/09/2024 Leave a Comment

Octagos Health Secures $43M to Power AI-Driven Cardiac Care

What You Should Know:  - Octagos Health, a provider of AI-powered cardiac device monitoring solutions raises $43M in Series B funding led by funds managed by Morgan Stanley Expansion Capital with continued participation from Mucker Capital and other strategic investors.  - The investment fuels Octagos Health's mission to leverage artificial intelligence for transformative cardiac care and comprehensive patient monitoring. AI-Powered Cardica Care Octagos Health offers a
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