What You Should Know: - Suki raises $55M in Series C funding to expand its AI-enabled, voice-enabled clinical assistants to relieve physician burnout. - Suki will use this funding to make strategic investments that will lead to an expansion of its user base through new and existing partnerships with leading health systems and medical groups while bolstering employee growth and development. Suki, the leader in voice artificial intelligence (AI) technology for healthcare, announced
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How Healthcare NLP has Evolved from 2020 to 2021
Few industries have embraced natural language processing (NLP) as openly as healthcare. With the ability to identify new variants of COVID-19 and help speed up clinical trials for the vaccine, the pandemic is just one example of what NLP is capable of achieving. And while new research points to NLP budgets growing significantly across vertical industries, locations, company sizes, and maturity levels, healthcare is leading the pack. Big strides have been made in AI and NLP over the last year,
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Healthcare Data & Analytics Platforms: Shifting from Siloed Capabilities
Historically, analytics capabilities for healthcare organizations have been offered in siloed solutions. These solutions provide quick insights but not the longitudinal patient, financial, and operational views organizations need to truly move the needle in their efforts to improve care and reduce costs. The good news is that as organizations’ analytics needs have expanded, so have vendor offerings. A number of vendors now offer consolidated, end-to-end platforms that provide a wide variety of
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Augmedix Partners with Google Cloud to Rehumanize the Patient-Clinician Interaction
What You Should Know: - Augmedix, Inc., a provider of virtual medical documentation and live clinical support, today announced that it has partnered with Google Cloud to optimize and integrate automated speech recognition (“ASR”) technology for use in real-world clinical settings. ASR technology is a critical component in the Augmedix technology stack, and Augmedix is now integrating Google Cloud Speech-to-Text into its Notebuilder technology platform, which provides natural language
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Edifecs Acquires Talix to Expand Risk Adjustment Solution
What You Should Know: - Edifecs, a global health IT provider announced it is acquiring Talix, a SaaS IT company, to expand Edifecs’ reach in the encounter management and risk adjustment space. Financial details of the acquisition were not disclosed. - The integration of Edifecs’ and Talix’s technologies will create an expanded risk adjustment solution with critical workflows and insights that improve efficiencies and directly support payer and provider collaboration. Talix
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How AI is Enabling Next-Generation Insights from Biomedical Data
COVID-19 caught the world off-guard, sending governments, populations, and the entire healthcare community — physicians, nurses, scientists, pharmaceutical companies, and medical device manufacturers included — scrambling to discover and deliver rapid solutions as millions of lives hanging in the balance. The heroic efforts of everyone involved have at last brought the end into view; now, as we begin to emerge from the pandemic and are able to assess its long-term impact, one important
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UPMC Spinout Astrata Launches NLP Platform to Improve Value-Based Care
What You Should Know: - UPMC spinout company Astrata launches a natural language processing (NLP) technology platform that allows health insurers to more efficiently analyze unstructured clinical data. UPMC Enterprises, the innovation and commercialization arm of UPMC has incubated and launched Astrata, a digital healthcare quality company. Astrata uses advanced analytics and natural language processing (NLP) to improve value-based care. Founded by Rebecca Jacobson, M.D., M.S. Astrata
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NLP is Raising the Bar on Accurate Detection of Adverse Drug Events
Each year, Adverse Drug Events (ADE) account for nearly 700,000 emergency department visits and 100,000 hospitalizations in the US alone. Nearly 5 percent of hospitalized patients experience an ADE, making them one of the most common types of inpatient errors. What’s more, many of these instances are hard to discover because they are never reported. In fact, the median under-reporting rate in one meta-analysis of 37 studies was 94 percent. This is especially problematic given the negative
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Innovaccer Unveils Risk Adjustment Solution For Improved Coding Accuracy
What You Should Know: - Innovaccer unveils new risk adjustment solution to help providers better segment their population to refine the risk scoring process and improve coding accuracy and efficiency, thereby improving performance on risk-based contracts. - The solution utilizes Artificial Intelligence (AI) and
Natural Language Processing (NLP) to make risk predictions. Innovaccer, Inc., a
leading healthcare
technology company, has launched its Risk Adjustment
Solution. Leveraging
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Parexel Acquires Healthcare NLP Provider Roam Analytics
What You Should Know: - Parexel acquires healthcare software company Roam
Analytics, Inc. to strengthen and enhance Parexel’s pharmacovigilance (PV)
services. - The acquisition provides significant opportunities to
apply Roam Analytics’ natural language processing (NLP) technology to further
streamline and extract insights from unstructured data. - Parexel will also use Roam’s AI technology to leverage
various data, from clinical notes, medical images, patient surveys,
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