Editor's Note: Gurjeet Singh, PhD, CEO and co-founder of Ayasdi, an enterprise-grade artificial intelligence platform lets you create intelligent business applications and make fundamental discoveries with big data. The combination of electronic medical records, financial data, clinical data, and advanced analytics promised to revolutionize healthcare. It hasn’t happened. The common excuse is that healthcare wasn’t really prepared for the enormity and complexity of the data challenge and that,
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Machine Learning in Healthcare | ML News, Analysis, Insights - HIT Consultant
Accenture: Artificial Intelligence Healthcare Market to Reach $6.6B by 2021
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 new report from Accenture. The report reveals key clinical health AI apps can potentially create $150 billion in annual savings for the US healthcare economy by 2026.AI in health represents a collection of multiple technologies enabling machines to sense, comprehend, act and learn so they can perform
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Ayasdi Launches New AI Platform That Turns Health Systems Into AI App Incubators
Ayasdi, a provider of machine intelligence software and AI apps, has announced the release of Ayasdi Envision, a new framework enabling health systems to become AI app incubators. Starting today, health systems will be able to easily build their own apps on top of an enterprise-class Artificial Intelligence platform. The Envision framework will enable healthcare organizations to quickly create and consume intelligent apps that are purpose-built to solve a broad array of clinical and business
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UCHealth Launches Innovation Center to Develop AI-Powered Decision Support Solutions
Nonprofit health system UC Health has formed an innovation lab focused on developing more effective ways to use decision support science to reduce clinical variation, streamline provider workflows, enhance clinician decision making and improve overall patient care. The UCHealth CARE Innovation Center’s new Applied Decision Science Lab (ADSL) will collaborate with both internal and external innovators, as well as industry partners, to better understand how these stakeholders can both contribute
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Accolade Unveils Maya Intelligence Engine & App to Deliver Personalized Healthcare Experience
Accolade, an on-demand healthcare concierge for employers, health plans and health systems has unveiled their new Maya Intelligence Engine to provide highly personalized healthcare support for individuals and their families. In addition, Accolade is introducing a new mobile experience with Accolade Mobile app that enables live messaging with dedicated health assistants and nurses on any health- or benefits-related question or concern.Accolade CEO Raj Singh and Chief Product Officer Mike Hilton
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University of Michigan, Tempus Partner on Personalized Breast Cancer Medicine Initiative
Breast cancer is the most common non-skin cancer and the second leading cause of cancer-related death in women. In 2017, it is estimated that more than 250,000 U.S. women will be diagnosed with new cases of invasive breast cancer. That’s why the University of Michigan Comprehensive Cancer Center has partnered with Tempus on a personalized cancer medicine initiative aimed providing most effective care for individuals diagnosed with breast cancer.As part of the initiative, Tempus will use
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athenahealth Acquires EHR Optimization Startup Praxify Technologies for $63M
athenahealth has entered into a definitive agreement to acquire Praxify Technologies, a Palo Alto-based EHR optimization company for approximately $63 million in cash. For athenahealth, the acquisition will strengthen company’s acute & ambulatory platform strategy and mobile capabilities to drive frictionless workflows and intelligence at and around the moments of care.Founded in 2010, Praxify’s platform includes: MIRA, a virtual assistant app that speeds up provider workflows and provides
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TeraRecon Acquires Machine Learning Algorithm Platform McCoy Medical Technologies
TeraRecon, a provider of advanced visualization and enterprise medical image viewing solutions has acquired McCoy Medical Technologies, a developer platform and API interface for algorithm developers, partners and end users. Financial terms of the acquisition were not disclosed.Founded in 2016, McCoy facilitates the streamlined distribution and hospital implementation of evidence-based practices and trained machine learning algorithms via a vendor neutral distribution platform. The McCoy
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Sense.ly Integrates Mayo Clinic’s Triage Algorithms To Enhance Their Virtual Nurse App
Sense.ly, a San Francisco, CA-based virtual medical assistant application for patient engagement and chronic disease monitoring has announced an agreement with Mayo Clinic. As part of the agreement, Sensely will integrate Mayo Clinic's triage algorithms and clinical expertise with Sense.ly's proven, empathy first, patient engagement platform to support of optimal health outcomes for individuals.The Sense.ly virtual medical assistant app combines innovative avatar-based technology, advanced
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How Predictive Analytics Brings a Moneyball Approach to Improve Healthcare Financial Performance
Editor's Note: Paul Bradley, PhD, is the Chief Data Scientist at ZirMed, a company empowering healthcare organizations to optimize revenue and population health with an end-to-end platform of cloud-based financial and clinical performance management solutions. Predictive analytics – using data, statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data – has become a staple of many industries.Brick-and-mortar retailers use it to
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