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Machine Learning in Healthcare | ML News, Analysis, Insights - HIT Consultant

Merck Invests in Gesund, Launches Medical AI Platform on AWS

by Syed Hamza Sohail 12/21/2022 Leave a Comment

Merck Invests in Gesund, Launches Medical AI Platform on AWS

What You Should Know: - Gesund, the company ensuring that medical artificial intelligence (AI) is safe and effective for all, today announced the securing of a strategic investment from Merck as well as a launch of a new commercial platform on Amazon Web Services Marketplace. - While terms of the investment are not being disclosed, the news signals support for the company's approach as it launches a first of its kind commercial platform on Amazon Web Services Marketplace, immediately
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Pangea Biomed Adds $5M for its Multi-Cancer Response Predictor

by Syed Hamza Sohail 12/15/2022 Leave a Comment

Pangea Biomed Adds $5M for its Multi-Cancer Response Predictor

What You Should Know: - Pangea Biomed, the biotech company behind ENLIGHT, the multi-cancer response predictor improving the effectiveness of precision oncology, announced $5M in additional funding reaching a total seed round of $12M. - The latest fundraising is led by angel investor Danny Tocatly and existing investor NFX, and will be used to expand US operations, drive commercial partnerships, and scale product offerings. Expanding US Operations and Fostering Commercial
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Half of Infusion Centers Struggling to Keep Up with Demand

by Syed Hamza Sohail 12/14/2022 Leave a Comment

Report: The State of Cancer Centers 2022

What You Should Know: - LeanTaaS, Inc., an AI-based predictive and prescriptive analytics company in healthcare operations, today announced its The State of Cancer Centers in 2022 Special Report, stemming from a survey conducted in partnership with The Association of Community Cancer Centers (ACCC) in mid-2022. - With responses from nearly 100 cancer center leaders, hailing from hospitals and health systems across the country, the survey focuses on the operational challenges that infusion
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4 Roadblocks That Are Hindering The Promise of Predictive Analytics

by Brad Eckler, Field Sales Director of Public Sector at Qlik 12/14/2022 Leave a Comment

4 Roadblocks that are Hindering the Promise of Predictive Analytics

COVID-19 will likely impact and strain healthcare systems for many years to come — possibly even forever. ​​As its attention wanes, we need technology to step in and tell us when and how to act next. What if there was a way to predict the next COVID-19 surge months before it affected operations? How many beds will be available? PPE? Where will you need to allocate additional resources and staff? What other seasonal uptick of disease will it align with? Will our revenue take a
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AI/ML Used for Clinical Trial-Site Identification Simultaneously Improves Enrollment Rates and Diversity

by Lucas Glass, VP of the Analytics Center of Excellence (ACOE), IQVIA 12/12/2022 Leave a Comment

AI/ML Used for Clinical Trial-Site Identification Simultaneously Improves Enrollment Rates and Diversity

Ethnic and racial minorities are commonly underrepresented in clinical trials. This problem is so severe that in April, the U.S. Food and Drug Administration (FDA) expanded upon existing guidance to further emphasize recommendations to sponsors developing treatments to increase enrollment from underrepresented populations in the U.S., including African-American, Hispanic, Asian and other persons of color, in clinical trials. In the updated guidance, the FDA provided details on what sponsors
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Inventory Management Systems Bolster Hospital Cost Savings Initiatives

by Todd Plesko, General Manager, Syft, a GHX company 12/09/2022 Leave a Comment

Inventory Management Systems Bolster Hospital Cost Savings Initiatives

For many hospitals and health systems, it’s been another challenging year. Increases in patient volume and modest revenue gains haven’t been enough to offset the impact of labor shortages and an inflation rate that reached a historic high in June. A recent Kaufman Hall report found most healthcare organizations had negative operating margins for the first half of 2022 due in large part to historically high expenses.   In the face of these ongoing operating losses, the industry has
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Sonde Health Secures $19.25M for Voice-Based Health Monitoring

by Fred Pennic 12/08/2022 Leave a Comment

Sonde Health Secures $19.25M for AI Vocal Biomarker Platform

What You Should Know: - Sonde Health, a Boston, MA-based health technology company committed to bringing accessible health monitoring to everyone raises $19.25 million in a Series B investment round led by Partners Investment, with participation from NEOM Company, KT Corporation, and existing investors, including co-founder PureTech Health and M Ventures. - The AI vocal biomarker company will use the funding to accelerate its commercial growth, expand its platform into new health
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4 Roadblocks Hindering The Promise of Predictive Analytics

by Brad Eckler, Field Sales Director, Public Sector, Qlik 12/07/2022 Leave a Comment

4 Roadblocks Hindering The Promise of Predictive Analytics

COVID-19 will likely impact and strain healthcare systems for many years to come — possibly even forever. ​​As its attention wanes, we need technology to step in and tell us when and how to act next. What if there was a way to predict the next COVID-19 surge months before it affected operations? How many beds will be available? PPE? Where will you need to allocate additional resources and staff? What other seasonal uptick of disease will it align with? Will our revenue take a
Read More

Can Doctors Objectively Quantify and Measure Pain?

by Dr. Frank Fornari, Chairman and Founder, BioMech Health 12/07/2022 Leave a Comment

Can Doctors Objectively Quantify and Measure Pain?

Millions of Americans live with acute and chronic pain that affects every aspect of their lives. Pain by itself is an important marker of how a patient is feeling and indicates what kind of medical intervention might be necessary. The healthcare industry needs a clinically acceptable way to objectively measure pain and since pain is a very complex mixture of biochemistry and genetics and it’s unlikely that a laboratory test that directly quantifies pain will be developed.   Doctors
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Palo Alto Networks Launches Medical IoT Security for Medical Devices

by Syed Hamza Sohail 12/06/2022 Leave a Comment

Palo Alto Networks Launches Medical IoT Security for Medical Devices

What You Should Know: What You Should Know: - Palo Alto Networks (NASDAQ: PANW) announced Medical IoT Security — the most comprehensive Zero Trust security solution for medical devices — enabling healthcare organizations to quickly and securely deploy and manage new connected technologies. Zero Trust is a strategic approach to cybersecurity that secures an organization by eliminating implicit trust by continuously verifying every user and device. - As healthcare providers use digital
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