Artificial intelligence (AI) and automation are no longer nice-to-have technologies for healthcare providers. They are mission-critical tools for addressing significant challenges many health systems and hospitals face today — from volatile patient volumes to ballooning labor costs and staffing shortages to low operating margins. Many of these challenges are macro-level economic trends that will continue to prevail for the foreseeable future.
According to research from Kaufman Hall,
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Machine Learning in Healthcare | ML News, Analysis, Insights - HIT Consultant
AI ‘s Role in Drug Discovery: Separating the Hype from the Hope
Forecasting the influence that artificial intelligence (AI)/machine learning technologies will have on the future of healthcare has created a cottage industry in the hype. From the overzealous aspirations of IBM’s Watson Health initiative to the inclusion of AI on Gartner’s 2021 Hype Cycle at the “Peak of Inflated Expectations,” so much noise has been made around AI/machine learning in healthcare that it can be difficult to appreciate the current impact of these technologies on drug discovery,
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Numares Health & Mayo Clinic Expands AI-Enabled Diagnostic Testing Collaboration
What You Should Know:
- Mayo Clinic and Numares Health have expanded their collaboration recently to develop AI-enabled diagnostic testing that is more accurate and reliable than current U.S. tests for patients with chronic diseases, including kidney, cardiovascular, liver and neurologic conditions.
- The expanded collaboration builds on Mayo Clinic's clinical research support for Numares Health to include an innovative convertible equity investment.
AI-Enabled
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3 Reasons to Implement an IDMP Solution Early
The European Union (EU) has announced guidance on the Identification of Medicinal Product (IDMP) — and pharmaceutical companies around the world should take notice. While the EU will be the first to design and implement IDMP, other countries, including the United States, will need to begin following suit. It’s imperative that companies begin evaluating what changes need to be implemented, and the sooner pharmaceutical companies act, the better.
Designed to connect data elements and
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Mount Sinai Develops Employee Health Contact Tracing Database to Mitigate COVID-19 Spread
What You Should Know:
- Mount Sinai researchers have developed an Employee Health COVID-19 REDCap Registry to address the need for contact tracing and agile exposure investigations to mitigate the spread of COVID-19 among hospital staff.
- Employee Health COVID-19 REDCap Registry is a cloud-based digital framework using the Research Electronic Data Capture web application—to track and reduce the spread of the virus across the Mount Sinai Health System including 8 hospitals and more than
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Evidation Launches FluSmart to Better Identity & Understand Flu Early
What You Should Know:
Evidation, the company that connects directly with individuals to measure health in everyday life, has launched FluSmart, a digital flu monitoring program that brings together individuals, researchers, and public and private organizations to understand flu at its earliest stages.
Evidation has developed machine learning detection models to compare flu and COVID and validated and extended this work with collaborators. Evidation will use permissioned data from
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The Gains and Pains of Using AI in the Pharmaceutical Industry
The costs for drug discovery and development are skyrocketing, but AI (artificial intelligence) is introducing new efficiencies to help find effective treatments faster.
A study in 2020 concluded that the estimated median capitalized research and development cost per product was $985 million. Contributing factors to this included larger trial sizes, the need to assess health technology, the requirement to provide data on comparative drugs’ effectiveness, and most
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Mayo Clinic Proceedings Launches Expansion Journal Focused on Digital Health
What You Should Know:
- Mayo Clinic will launch a new Mayo Clinic Proceedings expansion journal on digital health, with the first issue to be published in early 2023. Articles will be published ahead of issue as they are accepted.
- The journal, Mayo Clinic Proceedings: Digital Health, will focus on the digital transformation that is reshaping healthcare. It will join Mayo Clinic Proceedings: Innovations, Quality & Outcomes, an open-access journal edited by Taimur
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TytoCare Launches Donation Initiative for Global Communities in Need
What You Should Know:
- TytoCare, the global healthcare industry’s first all-in-one modular device and examination solution for AI-powered, on-demand, remote physical exams, is announcing today the launch of its new giveback initiative, TytoCareS.
- The program will facilitate and supplement device donations from TytoCare and its partners, including health systems and insurers, to provide increased access to clinic-quality care to communities in need.
Enabling Donations of Devices
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Growing Surgical Revenue, OR Automation Named Top Priority for Health Systems
What You Should Know:
- Increasing surgical services revenue is a top priority for healthcare systems, with automation seen as a way to accomplish it, according to a new survey of healthcare executives conducted by The Health Management Academy.
- Seventy-six percent of respondents named increasing surgical services revenue as a top priority, while half the health systems represented said they plan to increase investments across their surgical services in the next two
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