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

Abridge Raises $250M to Advance AI-Powered Clinical Documentation

by Fred Pennic 02/17/2025 Leave a Comment

Abridge Raises $250M to Advance AI-Powered Clinical Documentation

What You Should Know:  - Abridge, a provider of generative AI solutions for healthcare, today announced a $250M Series D funding round, bringing its total capital raised to over $425M.  - The investment, co-led by Elad Gil and IVP, comes as Abridge surpasses 100 deployments at major health systems across the United States. Addressing Challenges in Clinical Documentation Incomplete clinical notes are a major challenge for healthcare systems, leading to delays in billing,
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Enlitic and GE Healthcare Partner to Streamline AI-Powered Medical Imaging Migrations

by Jasmine Pennic 02/17/2025 Leave a Comment

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

What You Should Know:  - Enlitic, Inc., a provider of healthcare imaging data solutions, and GE Healthcare, a global medical technology innovator announced a strategic collaboration to simplify and accelerate AI-driven medical imaging migrations for healthcare providers.  - The partnership will leverage Enlitic's expertise in data migration and GE Healthcare's advanced imaging solutions to enable a smoother transition to next-generation technologies. The Need for Efficient
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John Muir Health Deploys Ambience’s AI Scribing Platform Across Enterprise

by Jasmine Pennic 02/13/2025 Leave a Comment

John Muir Health Deploys Ambience Healthcare's AI Platform Across Enterprise

What You Should Know:  - John Muir Health (JMH), a health system renowned for its commitment to patient care, today announced the full enterprise rollout of Ambience Healthcare's AI scribing platform.  - The expansion follows a successful pilot program that demonstrated significant improvements in patient experience, clinician well-being, productivity, and financial sustainability. "Coding Aware" Technology Improves Patient Experience Ambience's unique "coding aware" technology
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Candid Health Raises $52.5M for Autonomous Revenue Cycle Automation Platform

by Fred Pennic 02/12/2025 Leave a Comment

Candid Health Raises $52.5M for Autonomous Revenue Cycle Automation Platform

What You Should Know:  - Candid Health, a provider of autonomous revenue cycle automation solutions for healthcare providers raises $52.5M in a Series C funding round led by Oak HC/FT.  - The latest investment brings the company's total funding to $99.5M and plans to expand its customer relationships with multi-site provider groups across the United States.  AI-Powered Platform Reduces Administrative Costs and Improves Efficiency Revenue cycle management (RCM) is a
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Keragon Secures $7.5M for AI-Powered Healthcare Automation Platform

by Syed Hamza Sohail 02/12/2025 Leave a Comment

Keragon, an AI-powered healthcare automation platform, secured a $7.5M seed round six months post-launch, bringing its total funding to $10.5M

What You Should Know: - Keragon, an AI-powered, HIPAA-compliant automation platform for healthcare, has raised $7.5 million in an oversubscribed seed funding round led by Upfront Ventures, with early investors Afore Capital, Focal, and 25m Health doubling down. - This brings Keragon’s total funding to $10.5 million. Six months since product launch, the company has already surpassed 100 paying customers, is growing at a 30% month-over-month rate, and has successfully executed more than 2
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Human-Generated Data: The Missing Link in AI-Powered Revenue Cycles

by Matt Seefeld, Chief Commercial Officer, MedEvolve 02/12/2025 Leave a Comment

Human-Generated Aata: The Missing Link in AI-Powered Revenue Cycles

Mounting financial pressures for healthcare organizations mean sustainability hinges on reducing the cost to collect. Ongoing challenges associated with declining reimbursements, higher clinical and administrative costs and staffing shortages in the billing department leave providers without a lot of recourse for improving operational margin. Yet within the growing list of negative bottom-line issues, there is one area where healthcare leaders have some control to improve the outlook: increasing
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Fabric Introduces Hybrid AI for Safe, Accessible Healthcare

by Syed Hamza Sohail 02/12/2025 Leave a Comment

Fabric Introduces Hybrid AI for Safe, Accessible Healthcare

What You Should Know: - Fabric, a leader in healthcare technology, is transforming care delivery with its Hybrid AI. By combining advanced conversational AI and physician-built clinical logic, Hybrid AI enables healthcare organizations to confidently adopt AI solutions that ensure seamless, safe, and effective patient experiences.  - This technology powers Fabric’s integrated platform, which includes an AI assistant, symptom checking, virtual care, care pathways, provider search, and
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Survey: 83% of Clinical Data Abstractors Believe AI Can Reduce Clinician Workload

by Fred Pennic 02/12/2025 Leave a Comment

What You Should Know:  - Carta Healthcare, a provider of clinical data solutions, recently conducted a survey of clinical data abstractors to understand their perspectives on the use of AI in their profession.  - The results reveal a mix of optimism and concerns, highlighting the need for a balanced approach that combines AI's efficiency with human oversight to ensure data quality and accuracy. The Need for Human-in-the-Loop AI The survey results highlight the importance of
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Harrison.ai Secures $112M to Expand AI-Powered Medical Diagnostics

by Fred Pennic 02/11/2025 Leave a Comment

Harrison.ai Secures $112M to Expand AI-Powered Medical Diagnostics

What You Should Know:  - Harrison.ai, a global healthtech company, today announced the completion of a $112M in Series C funding round co-led by Aware Super, ECP, and existing investor Horizons Ventures. New investors, including Australia's National Reconstruction Fund Corporation (NRFC), Ord Minnett, and Wollemi Capital Group, also participated, along with existing investors Blackbird Ventures and Alpha JWC Ventures. This brings Harrison.ai's total capital raised to date to over
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Advancing Drug Development and Regulatory Compliance with AI-Enhanced Real-World Evidence

by Sujay Jadhav, Verana Health CEO 02/11/2025 Leave a Comment

Optimizing Clinical Trials with AI and Data-Driven Insights

In recent years, regulatory bodies, such as the Food and Drug Administration (FDA) and the European Medicines Agency (EMA) have increasingly emphasized the use of real-world data (RWD) in clinical research and regulatory decisions, recognizing its potential to enhance drug development and improve patient outcomes. This shift includes a focus on sourcing RWD that adheres to strict regulatory standards for effective use in drug approvals and postmarket surveillance.  Unlike traditional
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