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Generative AI

Israeli Hospital Develops Generative AI Platform to Improve Mental Healthcare Access

by HIMSS24 Product Launches 03/11/2024 Leave a Comment

Israeli Hospital Develops Generative AI Platform to Improve Mental Healthcare Access

What You Should Know: - Sheba Medical Center, a leading Israeli hospital, is collaborating with ARC Innovation Center and KPMG to develop a generative AI platform named "Liv" aimed at transforming mental healthcare accessibility. Mental Health Crisis The project is driven by the urgent need to address the global mental health crisis, significantly worsened by COVID-19 and other recent events. The lack of qualified mental health professionals creates a bottleneck in the system, leaving
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Elsevier Health Launches Generative AI Clinical Decision Support Tool

by Jasmine Pennic 03/01/2024 Leave a Comment

Elsevier Health Launches AI-Powered Clinical Decision Support Tool

What You Should Know: - Elsevier Health, a global leader in medical information and data analytics,  announced the  launch of ClinicalKey AI, the first and most advanced clinical decision support tool in the US to leverage generative artificial intelligence (AI). - Elsevier Health partnered with OpenEvidence, a leader in AI for medicine,  on developing ClinicalKey AI. Additionally, Cone Health and the University of New Mexico provided valuable insights during the development
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Hippocratic AI Launches Beta Testing of First Generative AI for Healthcare

by Fred Pennic 02/29/2024 Leave a Comment

Hippocratic AI Launches Early Access Partnership Program with Providers to Shape the Future of AI-Powered Patient Care


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Absci Announces $75M Public Offering to Fuel AI Drug Creation

by Fred Pennic 02/28/2024 Leave a Comment

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

by Jasmine Pennic 02/26/2024 Leave a Comment

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

by Fred Pennic 02/23/2024 Leave a Comment

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

by Syed Hamza Sohail 02/22/2024 Leave a Comment

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

by Jasmine Pennic 02/20/2024 Leave a Comment

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

by Jasmine Pennic 02/20/2024 Leave a Comment

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

by Jasmine Pennic 02/16/2024 Leave a Comment

Bain Capital PE Makes Strategic Investment in CitiusTech

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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