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

Swift Medical Secures $8M to Power AI-Driven Wound Care

by Fred Pennic 01/29/2024 Leave a Comment

Swift Medical Secures $8M to Power AI-Driven Wound Care

What You Should Know: - Swift Medical, a digital health leader in AI-powered wound care, has announced a successful $8M funding round co-led by BDC Capital's Women in Technology Venture Fund and funds managed by Virgo Investment Group. - The strategic investment will fuel the company's mission to revolutionize chronic and acute wound care through advanced technology and artificial intelligence. The Future of Wound Care Swift Medical boasts a proven track record, serving as the
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Democratizing AI: NSF Launches AI Pilot for National Research Resource

by Jasmine Pennic 01/26/2024 Leave a Comment

Democratizing AI: NSF Launches AI Pilot for National Research Resource

What You Should Know: The U.S. National Science Foundation (NSF), alongside a diverse coalition of government agencies, industry leaders, and non-profit organizations, has launched the National Artificial Intelligence Research Resource (NAIRR) pilot. The NAIRR pilot marks a significant step towards a future where AI benefits everyone. By democratizing access to critical resources, fostering collaboration, and prioritizing responsible development, the NAIRR has the potential to unlock
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Deliberate AI Joins FDA Pilot to Develop Mental Health Treatments

by Jasmine Pennic 01/26/2024 Leave a Comment

Deliberate AI Joins FDA Pilot to Develop Mental Health Treatments

What You Should Know: - Deliberate AI, a digital health company harnessing AI to revolutionize mental health assessment, has secured a major milestone in its mission. The U.S. Food and Drug Administration (FDA) has selected Deliberate AI's AI-generated Clinical Outcome Assessment (AI-COA™) for its Innovative Science and Technology Approaches for New Drugs (ISTAND) Pilot Program. - The collaboration between Deliberate AI and the FDA represents a giant leap in the fight against mental
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Isaac Health Secures $5.7M to Combat Dementia Deserts & Revolutionize Brain Care

by Fred Pennic 01/25/2024 Leave a Comment

Isaac Health Secures $5.7M to Combat Dementia Deserts & Revolutionize Brain Care

What You Should Know: - Isaac Health, a rising leader in digital brain health, has successfully closed an oversubscribed $5.7 million Seed funding round led by Meridian Street Capital and B Capital, bringing together prominent players like Primetime Partners, Co-Found Partners, VU Venture Partners, and AirAngels. - This crucial funding round empowers Isaac Health to accelerate their mission by expanding their innovative brain health provider platform. advancing technology for improved
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Unlocking Patient Insights with Conversational AI in Healthcare

by Eric Prugh, Chief Product Officer at Authenticx 01/25/2024 Leave a Comment

Unlocking Patient Insights with Conversational AI in Healthcare

Healthcare leaders should champion human-AI collaboration by having people work with AI to validate insights and develop engagement strategies. Organizations can — and should — implement conversational AI because it allows leaders to identify actionable areas of change and protects individuals’ privacy and identities.  Yet while these organizations recognize the merit of sharing these conversations enterprise-wide, many worry that doing so will compromise data privacy and compliance. But
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Foyer Global Health Embraces GenAI with Galytix to Transform Claims Processing

by Fred Pennic 01/24/2024 Leave a Comment

Foyer Global Health Embraces GenAI with Galytix to Transform Claims Processing

- Foyer Global Health, the international health insurer for expatriates and companies, announced today a strategic collaboration with Galytix, the GenAI platform for the financial sector, to implement HealthX, the innovative digital health platform designed specifically for insurers. - This collaboration paves the way for further advancements in healthcare data management within the IPMI sector, setting a new standard for efficiency, accuracy, and risk management. Revolutionizing
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Aidéo Technologies, MedEvolve Integrate on AI-Powered Coding & Revenue Cycle Workflow Automation

by Jasmine Pennic 01/24/2024 Leave a Comment

Aidéo Technologies, MedEvolve Integrate on AI-Powered Coding & Revenue Cycle Workflow Automation

What You Should Know: - Aidéo Technologies, a leading provider of AI-powered coding workflow tools, and MedEvolve, a data-driven solutions powerhouse, today announced a strategic partnership. - The strategic collaboration will integrate Aidéo's Gemini platform and AutoCode solutions into MedEvolve's award-winning Effective Intelligence suite, streamlining workflows and boosting productivity for healthcare organizations. Streamlining RCM Operations with AI The heart of the partnership
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How Artificial Intelligence is Combatting Physician Burnout, Keeping Communities Healthy

by David Sides, CEO at NextGen Healthcare 01/23/2024 Leave a Comment

How Artificial Intelligence is Combatting Physician Burnout, Keeping Communities Healthy

Doctors do so much to keep our communities thriving. Unfortunately, according to the American Medical Association, about 63 percent of physicians report experiencing emotional exhaustion at least once weekly. Exacerbated by the volume of clinical notes required at the end of the day, physician burnout can adversely affect patient care, leading to errors and reduced care quality. This is especially alarming in the context of the physician shortage because it heightens the strain on an
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AI Breakthrough for Lung Disease: Thirona’s LungQ Receives FDA Clearance

by Jasmine Pennic 01/23/2024 Leave a Comment

AI Breakthrough for Lung Disease: Thirona's LungQ Receives FDA Clearance

What You Should Know: - Thirona, a pioneer in AI-powered lung analysis, received a major boost for its cutting-edge technology LungQ™ with the U.S. Food and Drug Administration (FDA) 510(k) clearance for its latest update, v3.0.0. - This FDA clearance paves the way for American hospitals to now harness the software's advanced capabilities, marking a significant step forward in lung disease diagnosis and treatment. LungQ 3.0.0: Precision Navigation for Lung Interventions This latest
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JP Morgan Healthcare 2024: 8 Hot Takes & Insights from Health Tech & Biotech CEOs

by JP Morgan 2024 Executive Hot Takes & Insights 01/19/2024 Leave a Comment

JPM 2024: 8 Hot Takes & Insights from Leading Health Tech & Biotech CEOs

8 digital health and life sciences executives share their hot takes and insights from the recent annual JPM Healthcare Conference 2024 Virgil Bretz, co-founder and CEO of MacroHealth “The annual JP Morgan Healthcare Conference is still one of the most efficient ways to meet with capital partners. Other conferences are increasingly attracting the investment community, such as HLTH, but none are as concentrated as JP Morgan. This conference is unusual in that meetings for small and middle
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