What You Should Know:
- Oracle Health is previewing its next-generation electronic health record (EHR) at the Oracle Health Summit, showcasing a system designed to leverage the power of AI and cloud computing to transform healthcare delivery. This innovative EHR is built from the ground up on Oracle Cloud Infrastructure (OCI), offering enhanced security and a seamless user experience.
In addition, the company announced the release of its new Clinical AI Agent and two new cloud apps,
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
Philips Secures $25M DoD Contract to Advance AI Predictive Health Monitoring
What You Should Know:
- Philips, a global leader in health technology, has announced a $25M investment from the U.S. Department of Defense (DoD) to accelerate the development and deployment of its Rapid Analysis of Threat Exposure (RATE) algorithm.
- The four-year project aims to enhance the predictive health monitoring of military personnel, ensuring their well-being and readiness in the face of potential health threats.
RATE: An Early Warning System for Infection
RATE
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Aignostics Secures $34M to Advance AI-Powered Pathology and Precision Medicine
What You Should Know:
- Aignostics, a leading AI company specializing in pathology data analysis, raised $34M in Series B funding, led by ATHOS with participation from Mayo Clinic and growth financing from HTGF, alongisde existing investors Wellington Partners, Boehringer Ingelheim Venture Fund, CARMA Fund, and VC Fonds Technologie managed by IBB Ventures.
- Aignostics combines proprietary access to multimodal clinical data with cutting-edge AI technology and rigorous
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Vara Raises $8.9M to Expand AI-Powered Breast Cancer Screening Globally
What You Should Know:
- Vara, a Berlin, Germany-based provider of AI-enabled breast cancer detection, has announced the successful closure of a $8.9M (€8M EUR) Series B funding round.
- This investment, co-led by Smart Family Office, FJH, and IBB Ventures, will fuel Vara's continued expansion and its mission to revolutionize breast cancer screening through artificial intelligence.
Transforming Breast Cancer Screening with AI
Vara's AI-powered software has been shown to
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CareYaya Unveils AI-Powered Smart Glasses to Assist Dementia Patients
What You Should Know:
- CareYaya Health Technologies, a leading innovator in AI-powered solutions for the aging population, has launched MedaCareLLM, a new AI platform designed to assist individuals with dementia and Alzheimer's disease.
- Integrated into smart glasses, MedaCareLLM offers real-time support and enhances the quality of life for those navigating the challenges of cognitive decline.
MedaCareLLM: The AI That Prompts You
Developed as part of the OpenMind
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Quris-AI Acquires Nortis to Enhance Bio-AI Platform and Advance Drug Safety Prediction
What You Should Know:
- Quris-AI, a leading Bio-AI company revolutionizing drug development, has acquired Nortis, a pioneer in microphysiology systems (MPS) technology, formerly known as Numa Biosciences.
- The strategic acquisition will integrate Nortis's advanced Kidney-on-Chip technology into Quris-AI's Bio-AI platform, enhancing its ability to predict drug safety and efficacy in humans.
Combining Cutting-Edge Technologies
Nortis's Kidney-on-Chip models have been
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Geisinger Deploys Opmed.ai’s AI-Powered OR Optimization Platform
What You Should Know:
- Opmed.ai, a leading provider of AI-powered healthcare solutions, has announced the successful first results of the implementation of its advanced platform at Geisinger, a top-tier health services organization renowned for its commitment to innovation.
- This achievement represents a pivotal step in the integration of cutting-edge AI technology into health care operations and patient care.
Geisinger Partners with Opmed.ai to Revolutionize OR Management through
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Data Storage: The Foundation to an AI-Driven Health System
The possibilities of artificial intelligence, and more specifically generative AI (Gen AI) in healthcare are vast — streamlining administrative tasks, expediting patient diagnosis, and even helping with medical research. Right now they’re focused on point AI solutions producing real but limited impact on healthcare outcomes. The potential impact is much greater.
The first step for any healthcare organization leveraging AI is a sound, comprehensive data storage strategy. Any large or
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eClinicalWorks Unveils Transformative AI Enhancements
What You Should Know:
- More than 4,000 healthcare professionals and staff from across the nation attended the 2024 eClinicalWorks and healow National Conference, where eClinicalWorks®, the largest ambulatory cloud EHR, unveiled a series of transformative AI-powered enhancements and solutions designed to optimize practice and provider efficiency.
- eClinicalWorks and healow® also announced their expected growth, with a projected record-high $1 billion in revenue in 2024 compared to $917
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AI Washing in Healthcare: How to Identify and Avoid Empty Promises
The costs of care are rising, and with them, the pressure on healthcare systems to manage resources effectively. Between 2019 and 2022 alone, overall hospital expenses surged by 17.5%, while hospital labor costs grew by 20.8%, according to a recent report from the American Hospital Association. This financial strain, coupled with ongoing resource constraints and staffing shortages, has created a perfect storm, making it increasingly difficult for health systems to maintain both
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