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

Rad AI Scores $50M to Empower Radiologists with Generative AI

by Fred Pennic 05/07/2024 Leave a Comment

Rad AI and Google Join Forces to Revolutionize Radiology Reporting with AI

What You Should Know:  - Rad AI, a leader in generative AI for healthcare, announced today it has raised $50M in Series B financing, bridging its total capital raised to over $80M.  - The round was led by Khosla Ventures, with participation from prominent investors including WiL (World Innovation Lab), ARTIS Ventures, OCV Partners, Kickstart Fund, and Gradient Ventures (Google's AI-focused fund). Revolutionizing Radiology Reporting Rad AI's solutions are already making
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OptMyCare Secures $3M for AI-Driven Healthcare Risk Management

by Fred Pennic 05/07/2024 Leave a Comment

OptMyCare Secures $3M for AI-Driven Healthcare Risk Management

What You Should Know:  - OptMyCare™, a provider of clinically engineered AI solutions for healthcare risk management, announced it has secured $3M in Series A funding.  - The investment, led by Austin-based venture capital firm LiveOak Ventures, brings OptMyCare's total funding to $4.5M. AI-powered Risk Stratification for Improved Outcomes OptMyCare™ offers a unique cloud-based SaaS platform that leverages the power of AI: Precision Analytics and Actionable Insights: The
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BrightInsight, Google Cloud to Enhance Patient Experience with Generative AI

by Fred Pennic 05/07/2024 Leave a Comment

BrightInsight, Google Cloud to Enhance Patient Experience with Generative AI

What You Should Know:  - BrightInsight, Inc., a provider of compliant digital health solutions, today announced its collaboration with Google Cloud to leverage cutting-edge generative AI (gen AI) technology.  - The enhanced partnership aims to optimize BrightInsight's research and development efforts and significantly enhance its Disease Management Solution for both patients and healthcare providers. Addressing Challenges in the Patient Journey Across various therapeutic
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Suki Inks AI Scribe Agreement with Premier

by Syed Hamza Sohail 05/07/2024 Leave a Comment

Suki Inks AI Scribe Agreement with Premier

What You Should Know: -              Suki, the leader in voice artificial intelligence (AI) technology for healthcare, today announced it has been awarded a national group purchasing agreement for AI scribes with Premier, Inc. -              Effective May 1, 2024, the new agreement allows Premier members, at their discretion, to take advantage of special pricing
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ARC Innovation at Sheba Medical Center Joins TRAIN Responsible AI Network

by Fred Pennic 05/07/2024 Leave a Comment

ARC Innovation Launches ARC Accelerator w/ $10M Infusion from Ilex Medical

What You Should Know:  - ARC Innovation, the innovation arm of Sheba Medical Center, Israel's leading medical center and a six-time Newsweek World's Best Hospital awardee, today announced its participation in the Trustworthy & Responsible AI Network (TRAIN).  - The consortium brings together healthcare luminaries dedicated to integrating responsible AI practices effectively within the healthcare landscape. AI Transforming Healthcare Landscape AI is rapidly transforming
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How AI Is Bringing Patient Experience Back to the Forefront for the Medical Community

by Michael Zacharski, CEO of Brand Engagement Network (BEN) 05/07/2024 Leave a Comment

How AI Is Bringing Patient Experience Back to the Forefront for the Medical Community

When it comes to the patient experience, time isn’t on our side. U.S. adults spend the equivalent of an entire workday each month coordinating care for themselves and/or their family, according to a Harris poll. The same poll found that 56% of American adults wait more than a week for an appointment, while many others skip healthcare altogether, with 30% saying they don’t have the time and 25% saying it takes too long to get an appointment. Even when patients get an appointment, they wait again
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RapidAI Scores FDA Clearance, Bringing AI-Powered Stroke Assessment to the Interventional Suite

by Jasmine Pennic 05/06/2024 Leave a Comment

RapidAI Scores FDA Clearance, Bringing AI-Powered Stroke Assessment to the Interventional Suite

What You Should Know:  - RapidAI, a global leader in AI-powered solutions for combating life-threatening vascular diseases, announced today the FDA 510(k) clearance for its innovative AngioFlow™ by RapidAI solution.  - The technology empowers interventional care teams with real-time, AI-driven insights directly within the interventional suite, aiming to improve patient outcomes for stroke and other vascular emergencies. Faster, More Informed Decisions in Stroke Care Stroke
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Despite Current Concerns, AI in Healthcare Has A Long History

by Matt Hollingsworth, co-founder of Carta Healthcare & Andrew Shin, MD, Executive Medical Director, Innovations & Clinical Effectiveness for Stanford Children’s Health 05/06/2024 Leave a Comment

Despite Current Concerns, AI in Healthcare Has A Long History

Though AI has successfully been utilized in healthcare for decades, a Pew Research Center survey revealed that 60% are uncomfortable with their provider relying on AI for their own healthcare.  This dichotomy is therefore likely due in part to a lack of awareness and understanding around the technology. Before the public is forced to understand complex, revolutionary, future-state technological developments in healthcare, they must understand how the technology is safely used today. 
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Opmed.ai Secures $15M to Bring AI Optimization to Healthcare Operations

by Syed Hamza Sohail 05/06/2024 Leave a Comment

Opmed.ai Secures $15M to Bring AI Optimization to Healthcare Operations

What You Should Know: -              Opmed.ai, the AI optimization platform for healthcare, announced today the successful raise of $15M in series A funding. -              The round was co-led by NFX and Grove Ventures, with Secret Chord Ventures, the Impact investor Sir Ronald Cohen, and Unbox Ventures also
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Anatomy Automates Healthcare Finances with AI-Powered Lockbox Solution

by Jasmine Pennic 05/06/2024 Leave a Comment

Anatomy Automates Healthcare Finances with AI-Powered Lockbox Solution

What You Should Know:  - Anatomy, a leading platform for automating financial operations in healthcare, today announced the launch of its innovative AI-powered Healthcare Lockbox.  - This solution tackles a significant pain point for healthcare organizations by automating check digitization and converting Explanation of Benefits (EOBs) into standardized 835 electronic remittance advice documents. The Problem of Manual Payments in Healthcare Traditionally, processing
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