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

PreciseDx Raises $20.7M for AI-Powered Cancer Risk Assessments

by Fred Pennic 08/21/2024 Leave a Comment

PreciseDx Raises $20.7M for AI-Powered Cancer Risk Assessments

What You Should Know:  - PreciseDx, a pioneering company in oncology diagnostics utilizing artificial intelligence (AI) raises $20.7M in Series B funding led by Eventide Asset Management with participation from Labcorp, Quest Diagnostics, GenHenn Capital Venture, and existing investors. This brings the company's total funding to date to $31.5M.  - The new funding will enable PreciseDx to accelerate its growth and expand its operations. The company plans to invest in talent
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The Role of AI in Streamlining Drug Discovery and Clinical Trials: A New Era in Pharmaceutical Innovation

by Fred Pennic 08/21/2024 Leave a Comment

The Role of AI in Streamlining Drug Discovery and Clinical Trials: A New Era in Pharmaceutical Innovation

In the rapidly evolving world of pharmaceuticals, artificial intelligence (AI) is emerging as a game-changer. From accelerating drug discovery to enhancing the efficiency of clinical trials, AI is revolutionizing how new medicines are brought to market. This transformation is not just limited to the research and development phases; AI is also playing a critical role in ensuring that drugs meet regulatory standards. The AI Revolution in Drug Discovery Drug discovery has traditionally been a
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Google’s AI Model Listens to Your Cough to Detect Disease

by Fred Pennic 08/20/2024 Leave a Comment

Google's AI Model Listens to Your Cough to Detect Disease

What You Should Know:  - Google Research has unveiled a groundbreaking advancement in healthcare technology with the introduction of HeAR, a bioacoustic foundation model designed to analyze human sounds and identify potential health issues.  - By leveraging the power of AI and vast amounts of audio data, HeAR aims to revolutionize disease screening, diagnosis, and monitoring. Google’s AI Model & Dataset The model has been trained on a massive dataset of 300 million
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Clarium Secures $10.5M for AI-Powered Hospital Supply Chain

by Fred Pennic 08/20/2024 Leave a Comment

Clarium Secures $10.5M for AI-Powered Healthcare Supply Chain

What You Should Know:  - Clarium, Inc., a healthcare technology innovator focused on transforming hospital supply chain operations, has secured a $10.5M in strategic financing round led by General Catalyst, with participation from Kaiser Permanente Ventures, Texas Medical Center Venture Fund, Yale New Haven Health, and existing investors.  - With this new funding, Clarium plans to expand its team, deepen partnerships with leading health systems, and continue refining its
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Press Ganey Brings AI-Powered Patient Insights to Epic EHR

by Fred Pennic 08/16/2024 Leave a Comment

Press Ganey Brings AI-Powered Patient Insights to Epic EHR

What You Should Know:  - Press Ganey, a leader in experience measurement, data analytics, and insights, today announced an expansion to its PX Connect Suite, enabling healthcare organizations to capture and act on patient sentiment directly within the Epic electronic health record (EHR) system. - The integration allows for seamless collection of patient feedback through Epic's MyChart patient portal, providing valuable insights to care teams. By leveraging natural language processing,
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CodaMetrix AI Platform Achieves Epic Toolbox Designation

by Syed Hamza Sohail 08/16/2024 Leave a Comment

CodaMetrix AI Platform Achieves Epic Toolbox Designation

What You Should Know: · CodaMetrix, a leading AI technology company in healthcare revenue cycle management, is committed to addressing the underutilization and clinical insufficiency of medical codes, which contribute to $4.5 trillion in annual healthcare spending in the U.S. ·  The CodaMetrix AI Platform has now achieved Epic Toolbox designation for the fully autonomous coding category, meeting Epic’s stringent integration practices ("Blueprint") for this product
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Authenticx Launches AI Models to Detect Reportable Events in Healthcare Conversations

by Fred Pennic 08/16/2024 Leave a Comment

Authenticx Launches AI Models to Detect Reportable Events in Healthcare Conversations

What You Should Know:  - Authenticx, a leader in conversational intelligence for healthcare launches new suite of AI models capable of detecting reportable events within customer interactions.  - The new AI models empowers pharmacovigilance and patient safety teams to operate more efficiently and effectively. Detecting Healthcare-Specific Compliance Events and Streamlining Reporting The AI models can identify various reportable safety events, including adverse events,
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Northwestern Deploys Epic-Integrated DAX Copilot Across Enterprise

by Recent Implementation/Deployments 08/15/2024 Leave a Comment

Northwestern Deploys Epic-Integrated DAX Copilot Across Enterprise

What You Should Know:  - Nuance Communications, a Microsoft company, announced that Northwestern Medicine has selected Dragon Ambient eXperience (DAX) Copilot as its ambient voice solution.  - The AI-powered technology will be integrated into Epic EHR to streamline clinical documentation and enhance patient care. Nuance's DAX Copilot Reduces Physician Burnout and Improves Care DAX Copilot addresses the critical issue of physician burnout by automating time-consuming
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Stryker Acquires care.ai to Bolster AI-Powered Healthcare Solutions

by Fred Pennic 08/15/2024 Leave a Comment

Stryker Acquires care.ai to Bolster AI-Powered Healthcare Solutions

What You Should Know:  - Stryker Corporation (NYSE: SYK) announced the definitive agreement to acquire care.ai, a leading company specializing in AI-powered virtual care, smart room technology, and ambient intelligence solutions.   - The acquisition of care.ai reinforces Stryker's existing healthcare IT offerings and wirelessly connected medical device portfolio. This move comes on the heels of the company's previously announced "very active deal pipeline" for the latter
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Kaiser Deploys Abridge’s GenAI Clinical Documentation Across Enterprise

by Fred Pennic 08/15/2024 Leave a Comment

Kaiser Permanente Launches EHR Integrated Social Health Network to Address SDoH

What You Should Know:  - Kaiser Permanente, the nation's largest non-profit integrated healthcare provider, has announced the rollout of a new assisted clinical documentation tool across its extensive network.  - The solution leverages AI technology to streamline administrative tasks and empower doctors to focus on personalized care for their patients. Prioritizing Patient-Centered Care Available at Kaiser Permanente's 40 hospitals and over 600 medical offices in eight
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