What You Should Know:
- Layer Health, a healthcare AI company spun out of MIT, has been launched with $4M in funding from investors such as GV (Google Ventures), General Catalyst, and Inception Health.
- The company is focused on solving the information problem in healthcare by using AI to quickly perform any clinical, administrative, or research task that requires chart review from unstructured data.
Building the AI layer for healthcare — powered by large language models.
Layer
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Generative AI
Using Generative AI to Streamline Clinician Workflow and Reduce Burnout
Clinician stress rose significantly during the pandemic but has remained high even as COVID-19-related patient volumes and illness severity have subsided. In 2021, 62.8% of U.S. physicians exhibited burnout; this year, it is 62%.
Contributing factors include heavy patient loads, too many administrative tasks, and rising clinician shortages. Many physicians work 50 hours a week: seeing up to 20 patients a day, spending an average of 4.5 hours entering electronic health records (EHR
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Enterprise Health Launches GPT-Driven AI-Assistant for Occupational Health Solution
What You Should Know:
- Enterprise Health, a provider of occupational and employee health software solutions announced the launch of its new AI assistant, Wellby. The primary focus of Wellby is to improve the clinical user experience and complement clinical judgment.
- Wellby uses GPT technology based on the OpenAI HIPAA-compliant platform to automate time-consuming clerical tasks and provide improved clinical decision support.
Functionality Helps Clinicians Shift Focus Back to
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Generative AI Takes on Cardiology Care Gaps in Agamon Health and Mayo Clinic Collaboration
What You Should Know:
- Agamon Health, a healthcare technology company, is collaborating with Mayo Clinic to use Generative AI and workflow automation to improve patient adherence to follow-up in cardiology.
- Delayed or insufficient follow-up care for patients with valvular heart disease can have severe consequences, such as increased hospitalization, worsening heart failure, and death. Agamon Coordinate seeks to "close the loop" on follow-up recommendations and improve patient health
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Accenture, Salesforce Partner on Generative AI for Life Sciences Companies
What You Should Know:
- Accenture and Salesforce are investing in the development of Salesforce Life Sciences Cloud, focusing on innovation, assets, and accelerators powered by data and artificial intelligence (AI) to help life sciences companies create sustainable value and drive growth.
- Building on their generative AI collaboration, Accenture and Salesforce will leverage their joint generative AI acceleration hub to develop new solutions and use cases for Salesforce Life Sciences
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The Realistic Future of ChatGPT/AI in Healthcare
As the buzz around ChatGPT and generative-AI continues, it’s important for health leaders to look past their excitement around these new tools and remain committed to ensuring patient trust is a top priority. Consider that six out of every ten patients are reportedly uncomfortable with providers relying solely on AI for specific healthcare needs, and while ChatGPT may appear to provide impressive responses, there’s still room for error and data misinformation, which can result in patient
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Generative AI Revolutionizing Digital Health Investment Strategies
What You Should Know:
- A significant 87% of digital health investors stated that generative AI solutions have influenced their investment strategies, with nearly 1 out of 5 respondents indicating that it is significantly affecting their strategy, according to the results of an online survey from GSR Ventures.
- GSR Ventures, an early-stage digital health investment firm with over $3.5B in assets under management, conducted an online poll in September 2023 with over 40
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Abridge Raises $30M for Generative AI Scribe to Tackle Clinician Burnout
What You Should Know:
- Abridge, a company leading the way in generative AI for healthcare raises $30M in Series B funding led by Spark Capital, along with several leading healthcare innovators, including Mayo Clinic, Kaiser Permanente Ventures, CVS Health Ventures, UC Investments, Lifepoint Health, SCAN Health Plan, and the American College of Cardiology.
- Abridge’s generative AI scribe automatically converts a patient-clinician conversation into a structured clinical note draft in
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Found Launches Generative AI Guide for Personalized Weight Guidance
What You Should Know:
- Found, a medically-assisted weight loss program launches Found Assistant, a generative AI guide within the Found app that offers members the ability to ask questions and discover instant and relevant information on nutrition, movement, health habits, and more.
- Found Assistant is available 24/7 to provide personalized guidance throughout members’ journeys and further support them in reaching their weight and health goals. During its soft launch in September,
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Gero Raises $6M for Physics-Powered GenAI Biotech
What You Should Know:
Gero, a biotechnology company focused on aging and chronic diseases, has closed $6M in a Series A extension round.This funding round positions Gero to continue internal drug development programs, grow its scientific team to boost platform technology development, and expand its US presence. The round was led by Melnichek Investments, a Cyprus-based VC firm that seeks to improve the quality of human lives by funding and supporting promising, potentially high-impact,
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