NarrativeDx, an Austin, TX-based artificial intelligence (AI) company that provides actionable insights from patient and provider feedback, today announced it has raised $3 million in strategic funding led by Christiana Care Health System, Summation Health Ventures and The Texas Medical Center. Also joining the round are HealthX Ventures and Cultivation Capital, who participated in previous rounds of funding. NarrativeDx will use the funds to accelerate sales and marketing, product innovation,
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Emedgene Lands $6M to Expand AI-Driven Genomics Interpretation Platform
Emedgene, a Palo Alto, CA-based artificial intelligence (AI) driven genomics interpretation platform, today announced it has raised $6 million in funding led by health-focused OliveTree Ventures. The company plans to utilize the latest round of funding to expand sales operations in the US. Emedgene's Genomics Intelligence Platform OverviewThis rise in genomics-based medicine is putting tremendous pressure on geneticists globally - who must analyze and interpret each test. It is a costly,
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Cognoa Awarded FDA Breakthrough Designations for Diagnostic and Digital Therapeutic Devices for Autism
Cognoa, a digital health company focused on behavioral health for children, today announced FDA Breakthrough designations for it's first diagnostic and therapeutic devices to identify and treat autism. This is the foundation for its AI-based digital precision health to support the developmental and behavioral health of children, combining diagnostics and therapeutics into one platform. This signifies a big step in the company’s expansion into therapeutics.FDA Breakthrough Devices Program
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Premera Blue Cross & Cardinal Analytx Partner to AI-Driven Predictive Analytics
Cardinal Analytix, a predictive analytics company that leverages machine learning and AI technology to identify potential high-expense health plan enrollees, today announced a partnership with Premera Blue Cross, a health plan based in the Northwest. As part of the collaboration, Premera will utilize Cardinal's predictive analytics platform to identify and communicate with its plan members about potential health risks using predictive, or clinical, analytics based on advanced
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8 Use Cases for Natural Language Processing (NLP) Technology in Healthcare
A look at natural language processing (NLP) technology's top potential use cases reveals how its destined to disrupt healthcare.It’s no secret that the big data wave had been building in healthcare for some time. What has somewhat remained a bit mysterious, however, is how innovators planned to stave the flood and make use of the sizeable data to help healthcare providers create efficiencies and improve outcomes. According to a recent Chilmark report, natural language processing (NLP) may be the
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Change Healthcare, Health Fidelity Collaborate to Offer NLP-Driven Risk Adjustment Solution
Change Healthcare today announced that it is collaborating with Health Fidelity to offer a risk adjustment solution that embeds natural language processing (NLP) and machine learning technology into its risk adjustment coding offering to help Medicare Advantage, ACA commercial, and Medicaid payers increase claim accuracy and better address compliance obligations.How AI Can Transform Risk AdjustmentIn today’s value-based environment, health plans are under mounting pressure to submit
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3 Ways Artificial Intelligence Will Improve Healthcare in 2019
In 2019, artificial intelligence (AI) and machine learning tools will continue to help physicians make more informed decisions, hospitals achieve better outcomes, and patients receive more timely and personalized care. According to Becker’s Healthcare, artificial intelligence (AI) tools will save the healthcare industry $52 billion by 2021. Here are three of the biggest ways that AI is poised to shape healthcare in 2019.1. AI Will Unlock the Power of Virtual Medicine Telemedicine is helping to
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Why Artificial Intelligence Should Augment Patient Care, Not Replace IT
Skeptics about the future of artificial intelligence (AI) in healthcare are running out of reasons to be doubtful.AI, in fact, is already revolutionizing several areas of medicine. Researchers rely on AI to help them select candidates for clinical trials, algorithms are proving to be about as accurate as radiologists in diagnosing lung cancer, and experts from Oxford and Yale believe that all surgical work could be conducted by AI by the year 2053.Clearly, when it comes to clinical work, AI’s
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Infographic: Artificial Intelligence’s Role in Improving Healthcare
The artificial intelligence (AI) healthcare market is expected reach $6.6 billion by 2021, representing a compound annual growth rate (CAGR) of 40 percent over the next five years, according to a report from Accenture. AI in health represents a collection of multiple technologies enabling machines to sense, comprehend, act and learn so they can perform administrative and clinical healthcare functions. Unlike legacy technologies that are only algorithms/ tools that complement a human, health AI
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Alegeus Launches AI-driven HSA Plans to Deliver A Smarter Healthcare Funding Experience
Alegeus, a market leader in consumer-driven health accounts announced this week the launch of their new Smart HSA platform initiative that can help plan participants identify potential cost savings and untapped plan benefits based on past usage. The platform, which has just begun its first series of pilot tests, will feature machine learning and artificial intelligence to transform the healthcare funding market in ways that have never been seen before that deliver a simpler, smarter healthcare
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