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Impact of Precision Medicine| News, Policy, Analysis, Insights - HIT Consultant

InformedDNA Acquires Coriell Life Sciences, Expanding Precision Health Capabilities

by Fred Pennic 03/19/2025 Leave a Comment

InformedDNA Acquires Coriell Life Sciences, Expanding Precision Health Capabilities

What You Should Know:  - InformedDNA®, a precision health company focused on revolutionizing the application of genomic insights, has announced its acquisition of Coriell Life Sciences, a provider of pharmacogenomic services and clinical decision support. Financial details of the acquisition were not disclosed.  - The strategic acquisition significantly expands InformedDNA's capabilities, offering patients, providers, and payers broader access to genetic insights for more
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Tempus Acquires Precision Research Platform Deep 6 AI

by Syed Hamza Sohail 03/13/2025 Leave a Comment

Tempus Acquires Precision Research Platform Deep 6 AI

What You Should Know: - Tempus AI, Inc. (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care, today announced it has acquired Deep 6 AI, a leading AI-powered precision research platform for healthcare organizations and life sciences companies. - Deep 6 AI enables healthcare organizations to de-risk clinical trials, accelerate recruitment, and generate real-world evidence (RWE) with speed and precision. Its AI-powered software matches
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M42 and Rhapsody Partner to Advance Precision Medicine and Global Health Interoperability

by Syed Hamza Sohail 01/31/2025 Leave a Comment

M42 and Rhapsody Partner to Advance Precision Medicine and Global Health Interoperability

What You Should Know: -  Global health leader M42, which is powered by artificial intelligence (AI) and technology, has announced a groundbreaking partnership with Rhapsody, a leading digital health enablement platform, to empower precision medicine initiatives across the UAE and beyond.  -This collaboration, powered by Microsoft Azure, aims to redefine healthcare data integration and enhance global health outcomes by delivering cutting-edge solutions for seamless and scalable
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Quibim Secures $50M to Advance AI-Powered Imaging Biomarkers for Precision Medicine

by Syed Hamza Sohail 01/29/2025 Leave a Comment

Quibim Secures $50M to Advance AI-Powered Imaging Biomarkers for Precision Medicine

What You Should Know: - Quibim, a leading healthtech company pioneering the use of imaging biomarkers for precision medicine, announced today the close of its $50 million Series A financing. - The company has experienced remarkable growth in the number of patients analyzed by its products over the past year. Driven by several regulatory approvals and global commercial partnerships, patient analysis surged by 168% quarter-on-quarter. Quibim: Advancing Precision Medicine Through
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Precision Medicine 2.0: How AI-Driven Insights Are Changing Healthcare for the Better

by Ganesh Nathella, SVP and General Manager - Healthcare and Life Sciences (HCLS) at Persistent Systems 01/27/2025 Leave a Comment

Precision Medicine 2.0: How AI-Driven Insights Are Changing Healthcare for the Better

A patient arrives at a clinic with constant chest pain. In a conventional approach, a doctor would likely conduct a range of standard tests, prescribe medication, and suggest lifestyle modifications, striving for an optimal result. Now, envision a scenario where an AI system seamlessly analyzes the patient’s genetic profile, medical records, and wearable device data in real time to identify the most effective treatment tailored specifically to them. This is not the future—it is the reality
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UCSF and GE HealthCare Launch Care Innovation Hub to Advance Medical Imaging and Precision Medicine

by Fred Pennic 01/15/2025 Leave a Comment

UCSF and GE HealthCare Launch Care Innovation Hub to Advance Medical Imaging and Precision Medicine

What You Should Know: - The University of California, San Francisco (UCSF) Department of Radiology & Biomedical Imaging and GE HealthCare have joined forces to establish a Care Innovation Hub, a collaborative research initiative focused on addressing critical clinical challenges in medical imaging and treatment.  - The Care Innovation Hub leverages the strengths of both academia and industry to translate novel technologies into clinical practice, ultimately improving patient care
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Arcadia Launches AI-Powered Precision Medicine Solution

by Fred Pennic 01/14/2025 Leave a Comment

**Arcadia: Transforming Healthcare with Data-Driven Solutions** Arcadia empowers payers and providers to harness the full potential of their data, driving transformation in healthcare. Through an interoperable data platform, Arcadia uses advanced analytics to shape strategies, inform decisions, and facilitate actions that improve patient outcomes, operational efficiencies, and financial performance. Trusted by leading healthcare institutions such as Southwestern Health Resources, Tandigm, Castell, Rush Health, and Beth Israel Lahey Health, Arcadia is at the forefront of healthcare innovation. **Newly Launched Solutions** Arcadia has introduced several cutting-edge solutions to support healthcare organizations in improving their performance: - **Enhanced Benchmarks**: This solution helps organizations analyze market-based cost, utilization, risk, and quality benchmarks alongside their own performance, uncovering opportunities for improvement. By integrating CareJourney’s market intelligence—comprising 100% of Medicare fee-for-service claims and Medicare Advantage encounters—with Arcadia’s de-identified benchmarks, it provides fresh, transparent insights at the provider, practice, facility, and network level. - **Arcadia Vista Push**: An analytics activation layer that simplifies the delivery of custom insights to providers at scale via email. This solution automates enterprise-wide performance reporting, driving awareness and engagement with performance improvement strategies. It also streamlines provider group reporting for payers, supporting better decision-making. **Future Innovations** Arcadia continues to invest in innovative solutions that will launch in the coming quarter: - **Arcadia Network Modeler**: Powered by a comprehensive database of over 745,000 providers nationwide, this tool allows healthcare organizations to design, build, and evaluate networks. It provides valuable insights to help expand into new geographies, manage existing networks more effectively, and ensure health equity, quality care, and an improved member experience. The solution integrates with Arcadia’s workflow tools to automate referral management and reduce administrative tasks. - **Arcadia Contract IQ**: This tool simplifies the design, negotiation, and forecasting of value-based care contracts. Featuring a form-based interface, it fosters collaboration across stakeholders, reducing data sprawl and simplifying contract complexities. It also enables "what-if" analyses for contract terms and acts as a decision support tool to determine the optimal contract type for specific populations. Additionally, users gain access to Arcadia’s actuarial partners for further insights. Arcadia’s continuous investment in advanced analytics and data-driven solutions is shaping the future of healthcare, enabling organizations to make informed, impactful decisions that improve care and efficiency.

What You Should Know:  - Arcadia, a healthcare data platform, announced a new AI-driven precision medicine solution designed to identify patients with undiagnosed or misdiagnosed conditions who are at risk of poor health outcomes.  - The new AI-enabled solution empowers healthcare providers to connect these patients with appropriate treatments, ultimately improving their health and reducing the total cost of care. AI-Driven Insights for Precision Medicine Arcadia launched
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Atropos Health + Scipher Medicine Partner to Transform Precision Medicine for Rheumatoid Arthritis

by Syed Hamza Sohail 12/18/2024 Leave a Comment

Atropos Health + Scipher Medicine Partner to Transform Precision Medicine for Rheumatoid Arthritis

What You Should Know: -  Scipher Medicine, a leader in precision medicine for autoimmune diseases, and Atropos Health, the pioneer in translating real-world clinical data into personalized real-world evidence, today announced a strategic partnership to accelerate precision medicine and expand the Immunology Multimodal Network, advancing shared decision making for patients with rheumatoid arthritis (RA). - This collaboration will leverage Scipher's unique data and intelligence derived from
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Neuro-Symbolic AI in Healthcare: Unlocking Precision Medicine

by Karim Galil, Co-Founder and Chief Executive Officer of Mendel AI 12/12/2024 Leave a Comment

Neuro-Symbolic AI in Healthcare: Unlocking Precision Medicine

Until recently, the term “symbolic” bore negative connotations in AI because it harkened back to the failures to achieve symbolic thinking during the so-called “AI winter” of the 1980s. Since then, generative AI has demonstrated the masterly capacities of neural networks at scale. Generative AI has relieved doctors of their administrative and cognitive burdens, for example, by handling administration and paperwork, including clinical summaries. More than 70 percent of healthcare organizations
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RSNA: GE HealthCare Unveils Aurora SPECT/CT: A New Era in Precision Imaging

by Jasmine Pennic 12/02/2024 Leave a Comment

GE HealthCare Unveils Aurora SPECT/CT: A New Era in Precision Imaging

What You Should Know:  - GE HealthCare has announced the launch of Aurora, a revolutionary dual-head SPECT/CT system designed to enhance diagnostic capabilities and improve patient care.  - Unveiled at the Radiological Society of North America (RSNA) 2024 Annual Meeting, Aurora offers advanced features and AI-powered solutions to support precision medicine and personalized care. Advancing SPECT/CT Imaging Aurora combines functional imaging from SPECT with anatomical details from
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