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

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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Unlocking Real-World Data to Advance Precision Medicine in 2025

by Noah Nasser, CEO, datma 11/14/2024 Leave a Comment

Unlocking Real-World Data to Advance Precision Medicine

The healthcare industry is a wellspring of data, from electronic health records to data from wearables, health insurance claims, and a multitude of real-world data (RWD) points. While RWD has been utilized to improve drug discovery and clinical services, recent technological advances in data management, artificial intelligence, and bioinformatics are beginning to reveal its transformative potential in healthcare, especially within precision medicine. As the industry seeks to employ new
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Aignostics Secures $34M to Advance AI-Powered Pathology and Precision Medicine

by Fred Pennic 10/29/2024 Leave a Comment

Aignostics Secures $34M to Advance AI-Powered Pathology and Precision Medicine

What You Should Know:  - Aignostics, a leading AI company specializing in pathology data analysis, raised $34M in Series B funding, led by ATHOS with participation from Mayo Clinic and growth financing from HTGF, alongisde existing investors Wellington Partners, Boehringer Ingelheim Venture Fund, CARMA Fund, and VC Fonds Technologie managed by IBB Ventures.  - Aignostics combines proprietary access to multimodal clinical data with cutting-edge AI technology and rigorous
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CancerIQ Raises Growth Capital for Personalized Cancer Detection

by Fred Pennic 08/21/2024 Leave a Comment

CancerIQ Raises Growth Capital for Personalized Cancer Detection

What You Should Know:  - CancerIQ, a Chicago, IL-based precision health platform focused on empowering healthcare providers to personalize cancer prevention and early detection announced it has secured a growth funding package from Decathlon Capital Partners.  - While specific financial details of the transaction were not disclosed, the investment will enable CancerIQ to further develop its digital tools, introduce new offerings, and strengthen partnerships with healthcare
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Caresyntax Secures $180M to Advance Precision Surgery Platform

by Fred Pennic 08/16/2024 Leave a Comment

Caresyntax Secures $180M to Advance Precision Surgery Platform

What You Should Know:  - Caresyntax, a leader in vendor-neutral precision surgery platforms raises $180M in funding,  comprised of $80M in equity and up to $100M in growth debt, will fuel the company's continued growth and development of its AI-powered surgical platform. - The funding round was led by a consortium of prominent investors, including Symbiotic Capital, MTIP AG, BIONIQ Capital, and BlackRock Innovation Capital. This significant investment demonstrates the growing
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Mindera Health Secures $14M to Advance Commercialization of Psoriasis Precision Medicine Test

by Fred Pennic 07/31/2024 Leave a Comment

Mindera Health Secures $14M to Advance Psoriasis Precision Medicine Test Commercialization

What You Should Know: - Mindera Health, a leading developer of precision medicine solutions for dermatology, raises $14M convertible note financing led by Mountain Group Partners.  - The funding will accelerate the commercialization of Mindera’s flagship product, Mind.Px™, a groundbreaking test that predicts patient response to psoriasis treatments. Revolutionizing Psoriasis Treatment Mind.Px™ is a proprietary biomarker test that analyzes a patient’s skin sample to determine the
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Why Precision Medicine Demands a Completely New Type of Database

by Jeremy Leipzig, PhD, Product Manager, Population Genomics, TileDB 07/08/2024 Leave a Comment

Why Precision Medicine Demands a Completely New Type of Database

Precision medicine is revolutionizing healthcare - by optimizing the efficiency and therapeutic benefit for particular groups of patients, especially by using genetic or molecular profiling. This approach enables a range of health disciplines, including disease prediction, prevention and the resulting treatments, diagnostic screening for prenatal and newborns, and screening for rare diseases and cancer types. For life sciences, the ability to peer into high-resolution molecular profiles has
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