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

3 Steps to Unlock the True Potential of AI for Health Leaders

by Robbie Hughes, founder and CEO, Lumeon 05/29/2024 Leave a Comment

Why Robust Controls Over Processes are Necessary for AI to Succeed in Healthcare

The AI buzz is not subsiding, making headlines across industries. In his summary article about the 2024 HIMSS conference, Chilmark Research’s John Moore III noted, “Good luck trying to get noticed for anything other than AI or cybersecurity (in the wake of the Change Healthcare breach).” One of Moore’s key takeaways was the consensus among attendees that while all the new AI use cases may be compelling, there is still concern about their readiness for broader deployment.  Yet, AI is
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AI’s Transformative Power in Health, Wellness, and Supplements

by Fred Pennic 05/28/2024 Leave a Comment

AI's Transformative Power in Health, Wellness, and Supplements

The integration of Artificial Intelligence (AI) technologies into various sectors has been a game-changer, and the health and wellness industry is no exception. As we progress further into the digital age, AI is poised to revolutionize the way we approach our well-being, offering unprecedented opportunities for personalized care, predictive analytics, and targeted solutions. AI in Healthcare: Revolutionizing Patient Care In the realm of healthcare, AI has already made significant strides
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Providence, Microsoft, UW Develop AI-Powered Pathology Model

by Fred Pennic 05/23/2024 Leave a Comment

Providence, Microsoft, and UW Develop AI-Powered Pathology Model

What You Should Know:  - A collaborative effort between Providence, Microsoft, and the University of Washington has yielded a breakthrough in cancer diagnostics with the development of an AI-powered pathology model, Prov-GigaPath. - Prov-GigaPath is an AI-powered pathology model designed to improve patient care and transform cancer diagnostics. It analyzes entire pathology slides to identify patterns, leading to more accurate mutation predictions and effective cancer subtyping. The
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Atropos Health Raises $33M to Improve Value-Based Care Through Real-World Evidence

by Syed Hamza Sohail 05/23/2024 Leave a Comment

Atropos Health Raises $30M to Improve Value-Based Care Through Real-World Evidence

What You Should Know: -       Atropos Health, the pioneer in translating real-world clinical data into high-quality personalized real-world evidence for care, today announced a $33 million Series B on the heels of the adoption of its Generative AI platform (GENEVA OSTM) by healthcare institutions, data platforms, research institutions, Life Sciences companies and more. -       The funding was led by Valtruis, with participation from new strategic investors
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Tempus AI Files for IPO, Eyes Over $600M in Funding for AI-Powered Precision Medicine

by Fred Pennic 05/23/2024 Leave a Comment

Tempus AI Files for IPO, Eyes Over $600M in Funding for AI-Powered Precision Medicine

What You Should Know:  - Tempus AI, a leader in artificial intelligence (AI)-powered precision medicine, filed with the Securities and Exchange Commission (SEC) on Monday to raise up to $100M in an initial public offering (IPO). Industry analysts, however, believe this figure might be a placeholder, with the actual target amount closer to $600M. - Founded in 2015 and headquartered in Chicago, Illinois, Tempus AI reported $562M in revenue for the fiscal year ending March 31,
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Twin Health Unveils Digital Twin AI for Weight Loss with GLP-1 Elimination

by Syed Hamza Sohail 05/22/2024 Leave a Comment

Twin Health Unveils Digital Twin AI for Weight Loss with GLP-1 Elimination

What You Should Know: -       Today, Twin Health announced it is extending its whole body digital twin AI platform, proven to help members achieve remission of type 2 diabetes and eliminate medications, to address the challenge of obesity and weight loss. -       Twin’s Healthy Weight solution combines digital twin AI and compassionate clinical care to help members achieve a healthy weight that they can sustain
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SPRY Launches AI-Integrated EMR for Rehab Therapy

by Syed Hamza Sohail 05/22/2024 Leave a Comment

SPRY Launches AI-Integrated EMR for Rehab Therapy

What You Should Know: -              SPRY Therapeutics (“SPRY”), creator of rehab therapy’s first fully integrated, AI-powered EMR, today announced the introduction of SPRY Ally, a suite of AI-powered tools for rehab therapy. -              The tools leverage AI’s ability to continually learn as it dramatically improves the efficiency and accuracy of clinical
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Sanofi, Formation Bio, OpenAI Partner on AI-Powered Drug Discovery

by Fred Pennic 05/21/2024 Leave a Comment

Sanofi, Formation Bio, OpenAI Partner on AI-Powered Drug Discovery

What You Should Know:  - Sanofi, a global pharmaceutical leader, Formation Bio, an AI-powered drug developer, and OpenAI, a leading research and development company in artificial intelligence, have announced a groundbreaking collaboration.  The first-of-its-kind partnership in the pharma and life sciences industries aims to leverage AI to accelerate drug development and bring new medicines to patients faster. - Sanofi, Formation Bio, and OpenAI believe this collaboration will be
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Revolutionizing Medical AI: John Snow Labs’ LLMs Outperforms GPT-4, Med-PaLM2

by Jasmine Pennic 05/21/2024 Leave a Comment

Revolutionizing Medical AI: John Snow Labs' LLMs Outperforms GPT-4, Med-PaLM2

What You Should Know:  - John Snow Labs, a leader in AI for healthcare, has announced a significant breakthrough in medical Large Language Model (LLM) accuracy. Their models have achieved state-of-the-art (SOTA) performance on industry benchmarks, surpassing hundreds of competing models. - John Snow Labs' Healthcare NLP & LLM subscription provides access to their state-of-the-art models, along with ongoing updates and new releases. This ensures customers stay ahead of the
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Beacon Health System to Deploy Notable’s AI Platform to Streamline Scheduling and Improve Patient Experience

by Jasmine Pennic 05/21/2024 Leave a Comment

Beacon Health System to Deploy Notable’s AI Platform to Streamline Scheduling and Improve Patient Experience

What You Should Know:  - Beacon Health System, a healthcare provider in northwest Indiana and southern Michigan, has announced a new partnership with Notable, an AI platform focused on streamlining healthcare operations.  - The deployment of Notable’s AI platform aims to improve patient experience and access to care by automating the scheduling process for diagnostic procedures and tests. The Challenge: Scheduling Delays and Frustration Currently, when a healthcare provider
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