As healthcare professionals, it seems we can't escape the buzz and hype of artificial intelligence (AI) today. However, unlike other industries, healthcare’s adoption of AI is still in its infancy, in part, due to many providers still updating their tools and processes for the digital age. According to an Accenture analysis, growth in the AI health market is expected to reach $6.6 billion by 2021 and key clinical health AI applications can potentially create $150 billion in annual savings for
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Machine Learning in Healthcare | ML News, Analysis, Insights - HIT Consultant
ResApp Develops Sound-based Algorithm to Diagnose Sleep Apnea via Smartphone
ResApp Health, the Australian digital health startup that has been working on software for smartphones that can diagnose respiratory diseases from the sound signatures of coughs (US clinical trials underway), has announced a new area of development – a diagnostic test to diagnose obstructive sleep apnea (OSA) using a smartphone – simply by leaving the smartphone next to one’s bed to record sounds of the subject while sleeping – and then the algorithms provide a diagnosis (similar AI use to the
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AI Nutrition Data Startup Nutrino Lands $10M to Build Largest Food Database
Nutrino, an Israeli-based digital health provider of nutrition-related data services and analytics technology, announced today the completion of its Series A round of $8 million, bringing the total raised to $10 million. The round included participation from Pereg Ventures, Nielsen Ventures and Gandyr Group joined existing investors - including the New York Angels group. The latest round of funding will be used to further develop Nutrino’s database, which collates data from millions of food
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Welltok Raises $75M to Expand Health Optimization Platform into New Markets
Welltok, a health optimization platform for consumer health, announced today that it raised $75 million in a Series E2 funding round with participation from new and existing investors including New Enterprise Associates, Bessemer Venture Partners and Georgian Partners. Participants in the funding round include new investors Future Fund Management Agency, Ziff Davis, NF Trinity Capital (Hong Kong) Limited and ITOCHU Corporation.The latest financing round will carry Welltok through its next phase
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NTT DATA Partners with DataFirst to Expand Clinical AI Capabilities
NTT DATA Services has announced its partnership with DataFirst, Inc. to allow for seamless patient data sharing between platforms, which will expand its Imaging Insights service and clinical artificial intelligence (AI) capabilities. This partnership creates valuable opportunities during and following data migration in live care situations to better use clinical imaging data for quality of diagnoses and insights on patient health. DataFirst’s suite of interoperability solutions allows patient
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AI-Driven Drug Discovery Startup twoXAR Lands $10M for Computational Platform
twoXAR, Inc., an artificial intelligence (AI)-driven biopharmaceutical company, announced today that it has raised $10 million in Series A financing led by SoftBank Ventures including follow-on participation from seed investor Andreessen Horowitz. The biotech startup plans to use the funding to build the company’s drug pipeline through partnerships and accelerate preclinical development of existing candidates. Traditional drug discovery and development is estimated to take 10-15 years and
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Microsoft and Apollo Hospitals to Build AI-Powered Cardiology Network
Apollo Hospitals, India's leading super specialty hospital has inked a partnership with Microsoft to create an AI-powered cardiology network to predict heart disease. The partnership is part of Healthcare NExT, a Microsoft initiative which aims to accelerate healthcare innovation through artificial intelligence and cloud computing.Together, Microsoft and Apollo Hospital will be developing and deploying new machine learning models to gauge patient risk for heart disease in hopes of preventing or
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Atomwise Raises $45M for Artificial Intelligence Platform for Drug Discovery
Atomwise, a San Francisco, CA-based company that develops artificial intelligence systems for drug discovery has raised $45 million in Series A funding led by Monsanto Growth Ventures, B Capital Group and Data Collective. Prior investors Y Combinator, Khosla Ventures, and DFJ also participated in this Series A financing, along with new investors Baidu Ventures, Tencent, and Dolby Family Ventures. The oversubscribed round brings Atomwise’s total capital raised to more than $51 million.Founded in
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Health AI Startup Medial EarlySign Lands $30M for Personalized Disease Management
Medial EarlySign, an Israeli-based provider of machine-learning based solutions to improve patient management and non-communicable disease management has raised $30 million in Series B funding led by aMoon Fund. The latest round brings the startup’s total funding, to date, to $50 million.The funding will further the use of EarlySign’s AI solutions, which leverage basic electronic health records to identify individuals at high risk of harboring or developing life-threatening diseases, helping
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Zebra Medical Vision Unveils AI-based Algorithm to Detect Brain Bleeds
Zebra Medical Vision, the machine and deep learning company that is creating the next generation services for the healthcare industry. In the past two years Zebra-Med launched different algorithms on a monthly basis to better diagnose breast cancer, heart attacks, and other life-threatening diseases, and now the company is officially releasing the first ever algorithm to detect brain bleeds. This algorithm has just been granted CE approval. The timely detection of brain bleeds is critical to a
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