What You Should Know:
- The digital health industry is showing signs of strength despite recent economic uncertainties, according to Rock Health’s latest H1 report.
- U.S. digital health startups raised a significant amount in the first half of 2024 ($5.7B), with the potential to exceed full-year totals from 2019 and 2023. This growth is fueled by strong Series A activity, with a median deal size of $15M, indicating larger investments for early-stage companies.
Here's a breakdown
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
AI Nurses: The Solution to the Nursing Shortage and Beyond
The healthcare sector is rapidly adopting AI to help improve disease detection and patient care along with delivering efficiency gains. The technology’s potential is fueling an array of investments and innovations in everything from cancer diagnosis to AI nurses. With respect to AI nurses, many believe this application is the only way to ease the industry's staffing shortages.
With the nursing labor gap expected to exceed 10 million by 2030, coupled with the imperative to improve
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K Health Secures $50M for AI Primary Care Platform
What You Should Know:
- K Health, a leader in AI-driven primary care raises $50M in funding led by Claure Group with participation from investors including Pablo Legorreta (founder and CEO of Royalty Pharma), and existing investors Mangrove Capital Partners, Valor Equity Partners, and Atreides Management, LP.
- With this new funding, K Health is poised to further scale its AI platform and expand its reach. The company's innovative approach has the potential to transform the primary
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Biopharma at a Crossroads: AI Offers Key to R&D Reinvention
What You Should Know:
- A new report by Accenture, "Reinventing R&D in the Age of AI," paints a clear picture: the biopharmaceutical industry stands at a critical juncture. Companies that embrace intelligent technologies like AI and machine learning are poised to become the future's leaders, while those clinging to outdated methods risk falling behind.
- Accenture's report serves as a roadmap, offering valuable insights and practical steps for companies ready to embrace the
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UltraSight Joins Butterfly Garden to Expand AI Real-Time Guidance Across POC Ultrasound Devices
What You Should Know:
- UltraSight, a leader in AI-powered cardiac imaging, announced it has joined Butterfly Garden, an artificial intelligence (AI) Marketplace launched by Butterfly Network, a pioneer in portable ultrasound technology to improve access to cardiac care.
- The collaboration empowers medical professionals and paves the way for a future of faster and more efficient cardiac diagnostics.
Combatting Cardiovascular Disease with AI
Cardiovascular disease (CVD)
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Noom Unveils AI-Powered Food Logging and Welli Assistant to Supercharge Health Coaching
What You Should Know:
- Noom, the leader in digital health coaching for chronic disease prevention, is revolutionizing its platform with the launch of two cutting-edge AI features: AI food logging and Welli, their new AI personal health assistant.
- The launch of AI food logging and Welli reinforces Noom's commitment to leveraging technology for sustainable behavior change. These features simplify meal tracking, provide instant support, and free up coaches to deliver personalized
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Unleashing the Dynamic Force of AI and Automation to Revolutionize Revenue Cycle Management
Every year, hospitals across the United States, regardless of their size or type, face significant financial losses amounting to hundreds of billions of dollars due to uncompensated care. This staggering figure does not even consider the additional losses incurred by hospitals as a result of underpayments from government-funded healthcare programs such as Medicare and Medicaid.
As healthcare organizations grapple with rising costs, eroding financial margins, ongoing labor shortages, and
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Mayo Clinic Receives $20M Gift to Propel AI and Cancer Research
What You Should Know:
- Mayo Clinic has announced a generous $20M gift from Dwight and Dian Diercks that will significantly advance key elements of Mayo Clinic's vision, including the Mayo Clinic Platform and the application of artificial intelligence (AI) for early cancer detection and intervention.
- In recognition of this support, Mayo Clinic will establish the Dwight and Dian Diercks President, Mayo Clinic Platform, and create the Heidi Diercks Krause Fund in AI Innovation
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Arcadia Acquires CareJourney to Enable High-Performing Networks
What You Should Know:
- Arcadia has acquired CareJourney®, a leading provider of clinically relevant healthcare data and AI-powered insights.
- The deal strengthens Arcadia's position as a trusted partner for leading healthcare brands like Southwestern Health Resources, Tandigm, Castell, Rush Health, and Beth Israel Lahey Health.
- With the acquisition, Arcadia's customer portfolio grows to nearly 200, encompassing providers, payers, government agencies, and life
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Philips Expands Cloud-Based Imaging with IntelliSpace Radiology on AWS
What You Should Know:
- Philips, a leader in health technology, announced today a significant advancement for its IntelliSpace Radiology platform. Existing customers in North America will now have the option to transition to a cloud-based version hosted on Amazon Web Services (AWS).
- This strategic expansion positions Philips at the forefront of cloud-based healthcare solutions, offering improved efficiency, enhanced security, and powerful AI integration.
Benefits of
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