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

How AI Can Drive the Transition to Value-Based Care

by Robert Connely, Global Industry Market Leader for Healthcare at Pega 11/01/2024 Leave a Comment

Harnessing Data for Value Based Care

The healthcare industry is at a crossroads, grappling with the dual challenges of declining health quality metrics and skyrocketing care costs. The reality is that health outcomes are driven more by what patients do than by what providers or payers do.  It is estimated that 80% of health outcomes are driven by non-medical factors – often social or behavioral risks that impact health and lead to poor outcomes and high costs. Value-based care (VBC) shifts this focus to helping the patient
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Evogene and Google Cloud Partner to Develop AI Foundation Model for Drug Discovery

by Syed Hamza Sohail 11/01/2024 Leave a Comment

Evogene and Google Cloud Partner to Develop AI Foundation Model for Drug Discovery

What You Should Know: - Evogene Ltd. (NASDAQ: EVGN, TASE: EVGN), a leading computational biology company aiming to revolutionize life-science-based product discovery and development, today announced a collaboration with Google Cloud to develop a cutting-edge foundation model for generative small molecule de novo design, propelling Evogene’s ChemPass AI tech-engine to new levels of innovation. - ChemPass AI is a computational technology platform that directs and accelerates the discovery
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Starget Pharma Secures $5.1M for AI-Powered Targeted Radiotherapy for Cancer

by Fred Pennic 10/31/2024 Leave a Comment

What You Should Know:  - Starget Pharma, an innovative startup specializing in precision cancer diagnostics and targeted radiotherapy, has secured $5.1M in funding from Cancer Focus, a fund established in collaboration with the renowned MD Anderson Cancer Center.  - The investment will support Starget Pharma's upcoming clinical trial for treating advanced metastatic cancers, including sarcomas, neuroendocrine tumors, melanoma, and liver cancer. Revolutionizing Cancer Treatment
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Accenture Invests in 1910 Genetics to Accelerate AI-Powered Drug Discovery

by Fred Pennic 10/31/2024 Leave a Comment

Accenture Invests in 1910 Genetics to Accelerate AI-Powered Drug Discovery

What You Should Know:  - Accenture has made a strategic investment, through Accenture Ventures, in 1910 Genetics, a biotechnology company revolutionizing drug discovery with its AI-powered platform. Terms of the investment were not disclosed. - The strategic collaboration will combine Accenture's expertise in scaling AI solutions with 1910 Genetics' innovative technology to help biopharmaceutical companies accelerate drug development, reduce costs, and deliver more effective therapies
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Ready to Change Your Pharmacy Strategy? It’s Time for Analytics, Data, and AI

by Kayt Leonard, Global Health Care Strategic Advisor at SAS 10/31/2024 Leave a Comment

Ready to Change Your Pharmacy Strategy? It’s Time for Analytics, Data, and AI

When you think about pharmacy, the first thing that comes to mind is data, right?  Admittedly, it’s not my first thought either. But for organizations that are chasing after stronger, more integrated strategies to deliver care to patients, a pharmacy data strategy – and pharmacy partnership with analytics platforms – is often the first area of focus to drive change and deliver stronger outcomes. The idea of “pharmacy” isn’t just in the terms of where a patient picks up their
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H1 Expands Trial Landscape Platform with UK Diversity Data and AI-Powered Site Rescue

by Fred Pennic 10/31/2024 Leave a Comment

H1 Expands Trial Landscape Platform with UK Diversity Data and AI-Powered Site Rescue

What You Should Know:  - H1, a provider of healthcare data and analytics, has announced significant enhancements to its Trial Landscape platform.  - These updates include the integration of diversity data for over 34 million patients in England and the launch of an AI-powered Site Rescue functionality, both designed to accelerate equitable clinical trials and improve research outcomes. Addressing Diversity in Clinical Trials Diversity, equity, and inclusion (DEI) are
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Helfie AI Partners with Microsoft to Expand Access to AI-Powered Health Assessments

by Fred Pennic 10/30/2024 Leave a Comment

Helfie AI Partners with Microsoft to Expand Access to AI-Powered Health Assessments

What You Should Know:  - Helfie AI, a global mobile health platform, has announced a strategic collaboration with Microsoft to offer its cutting-edge health assessment tools to Microsoft enterprise customers through the Azure Marketplace.  - Helfie AI's acceptance into the Microsoft for Startups Pegasus program further validates its potential to transform healthcare. This exclusive program provides selected startups with resources and support to accelerate growth and achieve unicorn
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athenahealth Launches AI-Powered Ambient Notes for Ambulatory Practices

by Syed Hamza Sohail 10/30/2024 Leave a Comment

athenahealth Launches AI-Powered Ambient Notes for Ambulatory Practices

What You Should Know: - athenahealth, a prominent provider of network-enabled software for healthcare practices, has announced the limited release of *Ambient Notes*, an AI-driven tool integrated into the athenaOne platform, aiming to streamline clinical note documentation. - By leveraging ambient listening and generative AI, Ambient Notes seeks to reduce administrative burdens, allowing clinicians to focus more on patient care. This new feature reflects athenahealth’s commitment to
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Artificial Intelligence (AI) in Healthcare – Today and in the Future

by Bruce Lieberthal, Chief Innovation Officer at Henry Schein 10/30/2024 Leave a Comment

Artificial Intelligence (AI) is continuing to gain traction in the realm of healthcare and medicine. According to a study by the American Medical Association, 41 percent of physicians said they are both equally excited, and concerned, about the potential uses of AI in healthcare. As AI capabilities continue to grow, there are a variety of ways AI can be used in a practice. Let us outline several AI applications that have the potential to positively impact both patients and
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Oracle Health Launches AI-Powered EHR, Clinical AI Agent, Cloud Apps

by Fred Pennic 10/29/2024 Leave a Comment

Oracle Health Launches AI-Powered EHR, Clinical AI Agent, Cloud Apps

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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