Generative AI
Absci Announces $75M Public Offering to Fuel AI Drug Creation
What You Should Know:
- Absci Corporation (Nasdaq: ABSI), a company utilizing generative AI for drug discovery, announced today an initial public offering (IPO) of $75 million in common stock.
- This IPO aims to support the advancement of Absci's internal drug development programs, further investment in their Integrated Drug Creation™ platform, and general corporate purposes.
Offering Details
Absci intends to offer $75M of common stock, with an option to sell an additional $11.25M
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DeepScribe and AWS Partner to Advance AI-Powered Medical Documentation
What You Should Know:
- DeepScribe, a pioneer in AI-powered medical documentation, today announced a collaboration with Amazon Web Services (AWS) aimed at accelerating the secure scaling of large language models (LLMs) within the healthcare sector.
- The strategic partnership will integrate AWS HealthScribe into DeepScribe's platform, fueling the development of even more advanced AI-assisted clinical documentation solutions.
Scale Generative AI in Healthcare
DeepScribe utilizes a
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Abridge Secures $150M to Expand GenAI, Partners with Yale New Haven Health System
What You Should Know:
- Abridge, the leading force in generative AI for clinical documentation, announced today a staggering $150 million Series C funding round led by Lightspeed Venture Partners. The funding also includes participation from new and existing investors like Redpoint Ventures, IVP, Spark Capital, Union Square Ventures, Bessemer Venture Partners, Wittington Ventures, Mass General Brigham Artificial Intelligence and Digital Innovation Fund (AIDIF), Kaiser Permanente Ventures, and
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Sentara Health Taps RhythmX AI to Deploy Generative AI-Driven Co-Pilot for Clinicians
What You Should Know:
RhythmX AI, a generative AI-native company driving revolutionary physician intelligence for whole-person care through cutting edge predictive and generative AI, announced a strategic partnership with Virginia-based Sentara Health, one of the top 20 largest not-for-profit integrated health care delivery systems in the country. Together, RhythmX AI and Sentara are building the next generation of hyper-personalized primary care for clinicians and
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Maverick AI and ImagineSoftware Partner to Automate Medical Coding with Gen AI
What You Should Know:
- Maverick Medical AI ("Maverick"), a provider of an autonomous AI-powered medical coding platform, today announced a strategic partnership with ImagineSoftware, a provider of revenue cycle management (RCM) technology in the United States.
- The strategic partnership aims to automate the coding process, maximize revenue recovery, and optimize workflows for healthcare providers nationwide.
The Challenge: Manual Coding in a Digital Age
The healthcare industry
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Authenticx Unveils Generative AI Solution for Customer Insights
What You Should Know:
- Authenticx, the leading platform for analyzing healthcare customer conversations, has unveiled a groundbreaking generative AI (GenAI) solution.
- By leveraging Authenticx’s GenAI solution, healthcare organizations can gain a deeper understanding of their patients' needs, improve communication, and ultimately deliver a more positive and effective experience.
Harnessing the Power of Customer Conversations
Authenticx's AI platform already excels at structuring,
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CitiusTech Launches Generative AI Quality & Trust Solution
What You Should Know:
- CitiusTech, a healthcare technology provider, has unveiled a groundbreaking solution to address the reliability, quality, and trust concerns surrounding Generative AI (Gen AI) in healthcare.
- This industry-first offering aims to empower healthcare organizations to confidently adopt and scale Gen AI applications, unlocking their transformative potential.
Gen AI Quality & Trust Solution
Over 80% of Gen AI projects face delays due to lack of trust in their
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Health Systems Grapple with AI Governance: Balancing Promise and Risk
What You Should Know:
- Despite the increasing adoption of artificial intelligence (AI) in healthcare, a new survey reveals that very few health systems have formal policies in place to govern its use, particularly for generative AI. In addition, 70% of executives plan to adopt AI solutions through EHR vendors for easier integration.
- The Center for Connected Medicine's full report, "How Health Systems are Navigating the Complexities of AI," offers a deeper dive into the survey findings
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Persistent Systems Launches Generative AI-Powered Population Health Solution
What You Should Know:
- Persistent Systems, a leading digital engineering and enterprise modernization company, and Microsoft today announced the launch of an innovative Generative AI-powered Population Health Management (PHM) Solution. This collaborative effort aims to revolutionize healthcare delivery by identifying patients' at risk and providing personalized care interventions, ultimately improving patient outcomes and reducing costs.
A Data-Driven Approach to Value-Based
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