What You Should Know:
- Olive, a company automates healthcare’s most robotic processes raises $51M in funding led by General Catalyst.
- Olive automates healthcare’s most costly, high-volume tasks using the building blocks of artificial intelligence: robotic process automation, computer vision, and machine learning.
- Working alongside healthcare employees, Olive is trained to think cognitively and make complex decisions faster, and more accurately than human employees
Olive,
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Machine Learning in Healthcare | ML News, Analysis, Insights - HIT Consultant
COVID-19 Pandemic: Prevent the Oncoming Medical Information Crisis
“You only know who is naked when the tide goes out,” Warren Buffett famously said of the nation’s businesses when markets tank. For the nation’s information systems, the opposite is true. You see their weaknesses when they are inundated by a tidal wave of data.
A case in point is the information infrastructure of the American healthcare system, which will play a critical role in understanding and battling the COVID-19 pandemic. Just as the capacity of some national health systems have been
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Microsoft, Adaptive, Providence Partner to Decode COVID-19 Immune Response
What You Should Know:
- Microsoft and Adaptive Biotechnologies have expanded their partnership to map the human immune response to COVID-19 and advance our understanding of the disease.
- Data from this study will be made available through an open-access portal to help researchers, public health organizations and industry improve diagnostics, help triage patients based on the immune response to the disease, and inform vaccine discovery for COVID-19.
- Other industry leaders including
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Revenue Cycle Startup Rivet Lands $8.25M to Expand Price Transparency Platform
What You Need to Know:
- Revenue cycle management startup Rivet raises $8.25M Series A funding to expand its healthcare price transparency platform.
- The price transparency platform enables providers to give patients upfront pricing with the ability to pay prior to care via text while at the same time helping providers navigate the complex process that grants “in-network” status with insurance companies.
Rivet, a Salt Lake City, UT-based modern healthcare revenue cycle management
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Chilmark Research: The Promise of AI & ML in Healthcare Report
What You Need to Know:
- New Chilmark Research report reveals artificial intelligence and machine learning (AI/ML) technologies are capturing the imagination of investors and healthcare organizations—and are poised to expand healthcare frontiers.
- The latest report evaluates over 120 commercial AI/ML solutions in healthcare, explores future opportunities, and assesses obstacles to adoption at scale.
Interest and investment in healthcare AI/ML tools
is booming with approximately
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TeraRecon Acquired by SymphonyAI: What is the Impact for Medical Imaging Market?
On the 4th March 2020, TeraRecon announced it had signed an agreement to be acquired by the SymphonyAI Group. Here are the facts of the deal, followed by our take on the potential impact on the medical imaging market:
- The terms of the deal were not disclosed and TeraRecon will continue to operate business as usual. However, it will benefit from greater financial backing and the synergistic technologies from other companies in the Group’s portfolio.
- TeraRecon is an Advanced
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Texas Hospital Association to Bring AI-Powered Autonomous Monitoring Across Texas Hospitals
What You Need to Know:
- Texas Hospital Association (THA) and care.ai are partnering to bring statewide adoption of AI-powered autonomous monitoring to hospital and health system members throughout Texas.
- care.ai’s platform uses autonomous monitoring to turn a standard hospital room into a self-aware room that provides real-time information about the patient and caregivers.
- It uses computer vision – not cameras – to detect and alert staff if an at-risk patient attempts to get out
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The Many Faces of AI in Clinical Trials
AI is being applied in several aspects for the clinical trial process today. From analyzing real-world data and scientific information to providing improved patient stratification and predictive outcomes, and assisting with different aspects of clinical trial operations. Here are some of the technologies using AI and machine learning in the clinical trial space today, outlining how they fit within the clinical trial ecosystem and discuss the impact on future clinical trial designs.
The
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DrChrono EHR, Cognition IP Partner to Process 5 Machine Learning-based Patents
- DrChrono partners with Cognition IP to draft and file 5 new patent applications related to the company’s core technologies on machine learning.
- DrChrono patents aimed at helping physicians interact with data via machine learning algorithms in its open healthcare platform.
DrChrono Inc., the company developing the
essential platform and services for modern medical practices to make care more
informed, more interactive, and more personalized, partnered with Cognition
IP, a law firm
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CTA Launches First-Ever ANSI-accredited Standard for AI in Healthcare
- The Consumer Technology Association (CTA) announces the first-ever ANSI-accredited standard for the use of artificial intelligence in healthcare, developed by more than 50 organizations from tech giants to healthcare leaders.
- CTA convened 52 organizations – including IBM, Philips, BlackBerry, Doctor on Demand, Humetrix, American Medical Association, and AdvaMed – to develop this standard that provides a foundation to better
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