Research conducted by the Cleveland Clinic and Massachusetts-based startup Health Data Analytics Institute (HDAI) measured the difference in mortality during the pandemic between people covered by Medicare in long-term care facilities and in the community. While a Covid-19 diagnosis increased deaths in both settings, there… Read More »Cleveland Clinic researchers measure pandemic’s effect on Medicare population
What You Should Know: – Today, Komodo Health is capping off a month-long flurry of activity by announcing the launch of its Prism and Sentinel solutions — opening up access to its Healthcare Map to drive the next generation of AI innovation. – Prism and Sentinel allows life sciences… Read More »Komodo Health Launches Next-Gen AI to Accelerate Innovation and Close Gaps in Care
Mayo Clinic struck joint ventures with two startups to develop and commercialize AI diagnostic tools. It’s part of a broader plan by Mayo Clinic to develop more AI tools to support clinical decisions.
The FDA has approved the first artificial intelligence-powered device that can be used to help identify colorectal lesions during the millions of colonoscopies carried out each year in the US. Cosmo Pharma’s GI Genius is a hardware and software bundle that overlays the images generated… Read More »AI device cleared by FDA to spot lesions during colonoscopy
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the… Read More »Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
Microsoft will buy up healthcare AI partner Nuance for $19.7 billion. Nuance makes speech-recognition tools for clinical documentation, as well as security tools.
Exscientia was the first company to start human trials of a new drug designed using artificial intelligence (AI) last year, and now says it has started testing of the first AI candidate for immuno-oncology. Oxford, UK-based Exscientia has been working with German biotech Evotec on… Read More »Exscientia starts trials of first AI-derived cancer immunotherapy
UK artificial intelligence specialist Healx has begun a partnership with two medical charities that aims to uncover new therapies for the neurodegenerative disease Friedreich’s ataxia (FA). Healx has joined forces with Ataxia UK and the US-based Friedreich’s Ataxia Research Alliance (FARA) on the project, and… Read More »Healx deploys its AI in hunt for Friedreich’s ataxia therapies
What You Should Know: – Philips and Ibex Medical Analytics announced a strategic partnership to globally commercialize clinically proven, AI-powered digital pathology solutions. The collaboration further cements Philips’ commitment to integrated diagnostics providing a clear path to precision diagnosis. – The trend towards centralized pathology labs, the… Read More »Philips, Ibex Medical Analytics Partner on AI-Powered Digital Pathology Adoption
What You Should Know: – Carta Healthcare, a provider of AI-powered clinical data abstraction technology and services, is pleased to announce a recent $17.3M Series A investment led by Storm Ventures. AI Digital Innovation Fund (affiliated with Mass General Brigham), CU Health Innovation Fund (affiliated… Read More »Carta Healthcare Raises $17.3M for AI-Assisted Data Abstraction
The failure of IBM’s marketing-first approach to clinical AI was entirely predictable, but it didn’t have to be this way. Here’s how AI can be implemented effectively.
Vaccine hesitancy is still a challenge to providers’ immunization plans. Florida-based AdventHealth is bringing the might of AI technology — specifically machine learning and natural language processing — to combat the issue.
AI has already shown tremendous promise for everything from automating patient communication and non-clinical administrative tasks to reducing physician burnout. But realizing that promise more broadly requires AI developers to establish trust with their healthcare users.
Kenya Smith, Healthcare Solution Marketing Manager at ABBYY AI technology is quickly evolving and already surpassing human decision-making in certain instances; sometimes, in ways, we can’t explain. While many are alarmed by this, AI is producing some of the most effective and dramatic results in… Read More »3 Barriers Stalling AI Adoption in Revenue Cycle Management
The healthcare provider and technology giant have entered into a 10-year partnership that will leverage AI, cloud and quantum computing capabilities to accelerate research. The collaboration will include the first private-sector installation of the IBM Quantum System One.
There’s a new kid on the block among companies using artificial intelligence in drug discovery, after 1910 Genetics launched today with $26 million in financing. The Cambridge, Massachusetts-based startup claims it is the only biotech launched so far that will use AI to design both… Read More »AI drug discovery player 1910 Genetics debuts with $26m war chest
What You Should Know: – Komodo Health announces $220M Series E investment to advance its enterprise healthcare and life sciences platform. At a $3.3 billion valuation, the investment underscores the company’s rapidly growing role as a foundational enterprise technology platform helping to drive digital transformation across the healthcare… Read More »Komodo Health Secures $220M for Life Sciences Data Platform at $3.3B Valuation
Viz.AI, a San Francisco-based care coordination startup, raised $71 million in series C funding. The company plans to use the funds to build out its platform beyond coordinating care for stroke.
To reduce the systemic health inequities that have put so many individuals at higher risk of getting sick and dying from Covid-19, healthcare organizations must leverage advanced technologies such as NLP to identify SDoH and other critical information from unstructured notes.
New biotech Antiverse has raised seed funding of £1.4 million ($2 million) to develop its artificial intelligence-based platform for discovering therapeutic antibodies. The Cardiff, Wales startup is combining machine learning and phage display techniques to model antibody-antigen binding and says it can cut the time… Read More »Welsh startup Antiverse raises $2m for antibody discovery toolkit
Dr. David Nace, Chief Medical Officer at Innovaccer Aviation, military, NASA, or even utilities like the New York Power Authority—almost all high-consequence, complex organizations have one thing in common: a command center. The concept of a command center or a ‘war room,’ or ‘air traffic… Read More »Why A Smart Command Center Requires A Health Cloud Platform
The inclusion of AI-powered patient analytics within remote patient monitoring systems addresses the need for actionable insight by stratifying continuous patient data that helps in making decisions.
Canada’s Valence Discovery has joined a University of Montreal-led project to try to find new drugs to treat the involuntary movement complications that can accompany treatments for Parkinson’s disease. The go-to treatment for the five million people worldwide with Parkinson’s is levodopa, which replaces the… Read More »AI drug discovery firm Valence joins Parkinson’s disease push
With so many novel drug candidates for Alzheimer’s disease failing in clinical development, researchers in the US have started using artificial intelligence (AI) to screen already-approved therapies for activity against the neurodegenerative disorder. A team based at Massachusetts General Hospital and Harvard Medical School has… Read More »AI platform says Olumiant could be repurposed for Alzheimer’s
What You Should Know: – Moderna and IBM announced their intentions to explore technologies, including artificial intelligence, blockchain and hybrid cloud, that could help support smarter COVID-19 vaccine management. Central to the effort will be a pilot of open, standardized, technology-enabled vaccine distribution approaches aimed… Read More »Moderna, IBM Partner on COVID-19 Vaccine Supply Chain & Distribution Data Sharing
Bent Philipson, Founder of Philosophy Care When it comes to skilled nursing facilities (SNFs) in particular and long-term care in general, a human-centered and empathetic approach is not only necessary, it’s obligatory. Putting the needs, constraints, and perspectives of patients first enhances the level of… Read More »How Artificial Intelligence Is Making Senior Care More Human
What You Should Know: – Exscientia, leading AI drug discovery company, today announced that it completed its $100 million Series C financing round, with a further $30 million investment from Blackrock. – This new capital, which will be used to support Exscientia’s platform development and… Read More »Exscientia Secures $100M To Expand AI Drug Discovery Platform
AI can be transformative for all areas of healthcare, but often these systems are built off biased datasets that don’t reflect the true diversity of the general public – leading to approaches that only work for specific populations. Intouch Group’s Abid Rahman explains this concept… Read More »Why AI equity is the next step for transformational pharma
Just as Amazon leverages machine learning to develop valuable insights into consumer purchasing behavior in real time, healthcare organizations can strengthen their ability to reduce costs of care and eliminate waste and abuse with this type of intelligence.
Wellstar Health System, one of Georgia’s largest and most integrated healthcare systems, and Sharecare, the digital health company that helps people manage all their health in one place, announced a strategic partnership to collaborate on unique, market-leading innovations in personalized care delivery, population health, and… Read More »Wellstar Invests $10M to Become First Sharecare-Enabled Health System
What You Should Know: – Highmark Health has engaged Verily to build out digital health tools for patients and analytics solutions for Highmark’s clinicians as part of its Living Health model. This marks the first collaboration of its kind for Verily, Google Cloud and a partner. – Highmark Health… Read More »Highmark Health Taps Verily to Build Digital Health Tools for Living Health Model
Athar Siddiqui: Global Strategy Lead, Digital Connected Solutions – Ascensia Diabetes Care “Information technology and business are becoming inextricably interwoven. I don’t think anybody can talk meaningfully about one without the talking about the other” – Bill Gates wrote this in 1999 and, nowadays, the… Read More »Data-Driven Future: Impact of Machine Learning on Diabetes Management
After a challenging 2020, health systems are looking to deploy strategies for recovery, especially to bolster financial health. One strategy health executives are considering is investing in predictive modeling technology that can help them manage patient demand and outcomes in the coming year.
If we continue to apply the technology without widespread agreement to these basic premises, we could dissolve people’s trust before we even earn it.
Roivant Sciences is expanding its drug discovery and design capabilities via a stock deal to acquire Silicon Therapeutics. The Boston startup uses physics-based modeling to simulate proteins and the small molecules that bind to them.
Prayus Tailor, MD, FASN We cannot earn patients’ trust and respect if we are tethered to a computer in the exam room, navigating the EHR concurrent to a visit or otherwise in a hurry to finish so we can return to our office where data… Read More »Why Patients, Not EHRs, Deserve our Undivided Attention
Ford Blakely, SVP & GM, Medallia Zingle Although the vaccine’s rollout is slowly underway, Covid cases worldwide are continuing to reach all-time highs as new mutations make the virus even more contagious than ever before. Not surprisingly, patients’ concerns about visiting their healthcare providers in… Read More »3 Ways to Boost Patient Confidence with Real-Time Contactless Communication
IBM is reportedly looking to sell its Watson Health business. If true, it would be another stumble in a much-hyped healthcare project by a technology company.
The health system and tech giant are more than a year into their 10-year collaboration. As their partnership evolves, the organizations are looking to create an “AI factory” — an assembly line of AI solutions that are developed at scale and incorporated into clinical workflows.
What You Should Know: – AliveCor, a digital AI-based personal technology provider, and AstraZeneca, a global leader in the biopharmaceutical space, are working together to create more informed disease management solutions across cardiovascular, renal, and metabolism therapeutic areas. – The collaboration will focus on the… Read More »AliveCor, AstraZeneca Partner to Screen for Blood Potassium Levels Via Electrocardiograms
Ozette applies artificial intelligence to immune monitoring to gain greater insight into a cancer patient’s immune system. Beyond informing treatment decisions, the technology can guide drug and diagnostic development.
COVID-19 has disrupted markets and accelerated digital adoption but what does this mean for the future of marketing? In this feature, Grünenthal’s Florent Eduoard and Kate Hurtig outline their principles for a new pharmaceutical marketing model. “Keith, Kotler, Maslow” has long been the Holy Trinity… Read More »4 principles for the future of pharma marketing
Medical charity Alzheimer’s Research UK has teamed up with artificial intelligence specialist Exscientia to find new drug treatments for the devastating neurodegenerative disease. The alliance will see Exscientia work with the charity’s Oxford Drug Discovery Institute (ODDI) to find therapeutics that target the neuroinflammation associated… Read More »Alzheimer’s Research UK starts AI-based drug hunt with Exscientia
What You Should Know: – ECRI Institute identified the complexity of managing medical devices with COVID-19 emergency use authorization as the number one technology hazard in its Top 10 Health Technology Hazards for 2021 report. ECRI Institute’s Top 10 Health Technology Hazards, now in its 14th year, identifies… Read More »ECRI Institute: Top 10 Health Technology Hazards to Watch in 2021
Through a new collaboration, Humana’s Employer Group members will gain access to IBM Watson Health’s AI-powered digital assistant. The chatbot will provide information on member benefits, claims, referrals and cost estimates for medical services.
We cannot earn patients’ trust and respect if we are tethered to a computer in the exam room, navigating the EHR concurrent to a visit or otherwise in a hurry to finish so we can return to our office where data entry to the EHR… Read More »Why patients, not EHRs, deserve our undivided attention
Abboud Chaballout, Founder of Diagnoss The timing couldn’t be more critical for us to start making serious headway to reduce the growing problem of burnout among America’s physicians. In 2018, physician burnout was already at an alarming 42%, but that number is growing as COVID-19 cases surge… Read More »Can AI Pave the Path to Reducing Physician Burnout?
How can humans extend their life span? In the second episode of our Health Innovators series, Paul Tunnah speaks to longevity investor Sergey Young about breakthrough technologies that may overcome the negative effects of ageing. Through his $100m Longevity Vision Fund, Sergey invests in companies… Read More »Health Innovators: Sergey Young on how technology can extend human life
Insightin Health aims to help payers retain and engage their members via its proprietary platform. The funding round was co-led by the Blue Venture Fund, a collaboration between Blue Cross Blue Shield companies, the Blue Cross Blue Shield Association and Sandbox.
The recommendations for the Country’s pathway towards DTx are captured in the White Paper “Digital Therapeutics, an Opportunity for Italy” The official journal of the Smith Kline Foundation, Tendenze Nuove, published the White Paper “Digital Therapeutics, an Opportunity for Italy” on 13 January 2021. The… Read More »Italy eyes Digital Therapeutics
Nuance Communications acquired Saykara, a startup building a medical AI voice assistant to help with charting and other administrative tasks. The deal is expected to build on Nuance’s speech recognition tools for physicians.
What You Should Know: – Theator raises $15.5M in Series A funding to support the company’s mission of using AI and computer vision to eradicate disparity and variability in surgical care. – The startup plans to use this round to scale its commercial operations and… Read More »Theator Nabs $15.5M to Scale AI-Driven Surgical Intelligence Platform
Drug discovery is a complex process which involves significant utilization of time and resources. As per several sources, on an average, the entire drug development process (from initial proof-of-concept to commercial launch) takes around 10-15 years and capital investments worth USD 4-10 billion to develop… Read More »Artificial Intelligence in Drug Discovery – Could help Reduce Significant Capital and Time Required
What You Should Know: – Nuance acquires ambient AI healthcare voice assistant Saykara, Inc. to bring complementary AI technology and engineering talent to conversational AI and ambient clinical intelligence market leader. – Kara’s AI-powered healthcare voice assistant can be used during a physician-patient encounter without… Read More »Nuance Acquires Ambient AI Assistant for Physicians Platform Saykara
Nautilus, among the biotechs developing protein analysis tools for drug discovery and diagnostics, already has a partnership with Genentech. As it prepares to go public, Nautilus aims to do for proteomics what Illumina did for genomics.
Astrata, a spinout of UPMC’s innovation arm, has developed natural language processing tools that can help providers and payers adhere to quality measures. This can, in turn, help healthcare organizations bolster their finances as reimbursement is increasingly being tied to these measures.
Walgreens appoints Rosalind (Roz) Brewer as the company’s Chief Executive Officer, effective on March 15, 2021. Brewer will also join the WBA Board of Directors upon assuming the role. She succeeds Stefano Pessina who, as previously announced, will transition to the role of Executive Chairman… Read More »Executive Hires: Walgreens Appoints New CEO, Cityblock Health, Innovaccer, Others
Compute Health Acquisition Corp Chairman Omar Ishrak What You Should Know: – Compute Health Acquisition, a SPAC company targeting the intersection of computation and healthcare announced the pricing of its $750M initial public offering (IPO) by offering 75 million units at $10. Compute Health Acquisition… Read More »SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman
A recent study published in Nature found that an algorithm was able to detect causes of knee pain not seen by a radiologist, helping account for racial disparities in knee pain. But in other cases, algorithms can further disparities, allocating clinical resources in ways that… Read More »When algorithms help — and when they hurt
Artificial Intelligence have demonstrated intelligent behavior through their ability to learn, communicate with its users and solve complex problems using highly sophisticated algorithms. AI-driven technologies have continued to evolve rapidly, with several industries increasingly deploying such solutions across key aspects of value chain. Furthermore, AI… Read More »Advancing Healthcare Delivery via Artificial Intelligence
What You Should Know: – Epic was named the top Overall Software Suite for the eleventh consecutive year in the Best in KLAS 2021 Software & Services report, released today, which reports on the top vendors for 2020. Epic was also named the top Overall Physician Practice Vendor. Galen… Read More »Epic, Galen Healthcare, Chartis Group Named 2020 Overall Best in KLAS Awards
What You Should Know: – Today, health AI/predictive analytics company EarlySense announced that it has sold its proprietary contact-free continuous monitoring technology intellectual property (IP) to Hillrom for a cash consideration of $30 million, potential payments based on the achievement of certain commercial milestones, and a portion of Hillrom’s equity investment in EarlySense.… Read More »EarlySense Sells Contact-Free Monitoring IP to Hilron for $30M
What You Should Know: – Cellino, a Cambridge, MA-based personalized regenerative medicine company developing an AI-guided laser editing platform for autologous cell-based therapies, today announced the closing of a $16M Seed financing round. The round was co-led by The Engine and Khosla Ventures, with participation from Humboldt Fund and 8VC.… Read More »Cellino Closes $16M Seed Financing led by The Engine and Khosla Ventures to Automate and Scale Stem Cell Manufacture
Bryan Lubel, Executive Vice President, Connected Health of KORE Not many will disagree that the global pandemic has accelerated the use of technology in healthcare. With a healthcare system stressed to a breaking point, medical professionals have had to prioritize critical cases and increasingly turn… Read More »The Combination of 5G and AI Will Transform Healthcare in 2021
In dermatology, to ensure that bias is not embedded in the technology, the machine learning algorithms must be trained using images of skin of color, not just light skin images.
doc.ai logo What You Should Know: – Sharecare acquires doc.ai to expand its engineering expertise, accelerate digital transformation of healthcare through innovative AI platform for an undisclosed sum. – Founded in 2016, the company licenses AI modules and creates products for a portfolio of clients,… Read More »Sharecare Acquires AI-Enabled Digital Transformation Platform doc.ai
Paula Muto, MD, FACSFounder and CEO, UBERDOC, Inc. We are at a watershed moment. The COVID-19 pandemic has forced us to reevaluate our priorities both economically and with regard to public health. Living with a healthcare system that was created in response to an emergency… Read More »A New System to Fit A New Economy: How Healthcare Can Recover From COVID-19
Giri Rajaiah, Executive Leader, Vice President, Healthcare & Life Sciences, DISYS As the saying goes, necessity is the mother of invention. A similar correlation is seen in the quest to leverage innovation and out-of-the-box thinking to address key problems facing the healthcare industry. The ongoing… Read More »How Automation is Key to the Future of Healthcare Operations
Sean Barrett, Senior Vice President, Product and Digital Transformation, R1 RCM Healthcare provider networks are experiencing enormous pressure to manage financial margins and invest in contactless patient experiences. With overall financial losses projected to exceed $323 billion as a result of COVID-19, a projected $200… Read More »Intelligent Automation of the Revenue Cycle: How an Integrated Platform Approach Yields Financial Results
We’re only just beginning to learn how to harness the power of AI in ways that cultivate stronger healthcare systems — and ensure that the value of connection akin to the human condition is not lost but rather nurtured in its use among healthcare providers.
Roberto Martinez, President, Mexico, Encora Among the many evolving technologies in the healthcare industry, there may be none more important or impactful than remote patient monitoring (RPM) hardware and software solutions. This technology is opening up new possibilities in extended healthcare – saving patients money,… Read More »Challenges of Operationalizing Remote Patient Monitoring Data
The agency published its first action plan last week for how it plans to regulate machine learning-based software as a medical device. To start, the FDA said it will issue guidance on how changes to algorithms should be regulated as they “learn.”
Paige, a New York-based computational pathology startup, raised $100 million in a series C funding round. The company develops clinical decision support algorithms for oncology.
What You Should Know: – Modernizing Medicine announced it has acquired orthopedics EHR vendor Exscribe bringing together two of the healthcare industry’s leading, all-in-one orthopedic EHR vendors. – As part of the acquisition, Exscribe Founder and CEO, Dr. Sachdev and other members of the Exscribe… Read More »Modernizing Medicine Acquires Orthopedic EHR Platform Exscribe – M&A
What You Should Know: – NeuroFlow raises $20M to expand its technology-enabled behavioral health integration platform, led by Magellan Health. – NeuroFlow’s suite of HIPAA-compliant, cloud-based tools simplify remote patient monitoring, enable risk stratification, and facilitate collaborative care. With NeuroFlow, health care organizations can finally… Read More »NeuroFlow Secures $20M for Tech-Enabled Behavioral Health Integration Platform
John Frownfelter, MD, FACP, Chief Medical Information Officer at Jvion A century ago, X-rays transformed medicine forever. For the first time, doctors could see inside the human body, without invasive surgeries. The technology was so revolutionary that in the last 100 years, radiology departments have… Read More »Why Hospitals Should Act Now to Create Clinical AI Departments
AI tools increasingly occupy a regulatory gray area in healthcare. For clinicians to assess whether they are trustworthy, they need transparency on how they work, said panelists at CES.
What You Should Know: – Nuance Communications, Inc. launched an AI-powered patient engagement virtual assistant platform to transform omnichannel digital experiences for patients. – Healthcare provider organizations can now deploy a single, common cloud-based platform to support their entire patient journey across engagement channels using… Read More »Nuance Launches AI-Powered Patient Engagement Virtual Assistant Platform
John Langton, Ph.D. Director of Applied Data Science, Wolters Kluwer, Health Since the onset of the COVID-19 pandemic, hospitals and health systems have pushed forward with innovative technology solutions with great expediency and proficiency. Healthcare organizations were quick to launch telehealth solutions and advance digital… Read More »Transforming Care Delivery Through AI-Powered Predictive Surveillance
What You Should Know: – COVID-19 care deferrals lead to three major boomerang conditions that payers and providers must proactively address in 2021, according to a newly released report by Prealize. – COVID-19’s hidden victims—those who avoided or deferred care during the pandemic—will increasingly return… Read More »COVID-19 Deferrals Lead to 3 Major Conditions Payers/Providers Must Address in 2021
Victoria Krakovna of LessWrong provides some examples where artificial intelligence (AI) algorithms didn’t work out exactly as planned. In fact, she has put together a master list of these AI issues. Below I have listed some of these examples that are more (or less) related… Read More »Artificial intelligence: Not yet ready for prime time
Using natural-language processing and speech recognition technologies, startups are now creating chat-bots and other apps that can, to a remarkable extent, accurately replicate the experience of chatting with a receptionist or nurse.
What You Should Know: – RenalytixAI and DaVita announce a program partnership that aims to slow kidney disease progression and improve outcomes for the nation’s estimated 37 million adults with chronic kidney disease (CKD). – This is the first clinical-grade program that delivers advanced early-stage… Read More »DaVita & RenalytixAI Partner for Early Risk Identification to Help Slow Kidney Disease Progression
AI models offer an early look into who might develop kidney disease, who would benefit from early intervention, and the risk of further complications without a change in course. However, it is worth taking a close look to ensure any bias or gaps are addressed.… Read More »AI predicts better kidney care
Teladoc Health and Livongo Merge The combination of Teladoc Health and Livongo creates a global leader in consumer-centered virtual care. The combined company is positioned to execute quantified opportunities to drive revenue synergies of $100 million by the end of the second year following the… Read More »2020’s Top 20 Digital Health M&A Deals Totaled $50B
As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021. Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various… Read More »30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021
Donovan Quill, President and CEO, Optime Care Industry experts state that orphan drugs will be a major trend to watch in the years ahead, accounting for almost 40% of the Food and Drug Administration approvals this year. This market has become more competitive in the past few years,… Read More »Patient-First Model: High Tech Meets High Touch for Individuals with Rare Disorders
By ZEESHAN SYED Tens of millions of Americans rely on consumer experience apps to help them find the best new restaurant or the right hairdresser. But while relying on customer opinion might make sense for figuring out where to get dinner tonight, when it comes… Read More »Need to Choose a Doctor? What Does AI Think About the Choices?
Remote monitoring startup BioIntelliSense and Royal Phillips received $2.8 million to test BioIntelliSense’s device for the early detection of Covid-19 symptoms. The startup received FDA clearance for its small, adhesive monitoring device last year.
Oncology diagnosis inclusing digital pathology, telehealth and physician access are just some of the areas where AI can have outsize impact in 2021
In a study that tested eight symptom checkers against seven primary care providers, physicians still outperformed the apps. But between them, there was wide variation in the apps’ accuracy and safety, as well as the conditions they could assess.
Here is our attempt to capture this bewildering and memorable year by highlighting the phenomena and personalities who made it so.
What You Should Know: – Highmark Health signs six-year strategic partnership agreement with Google Cloud to transform the health experience for patients and caregivers through the development of Highmark Health’s new Living Health Model – The Living Health model is designed to eliminate the fragmentation… Read More »Highmark Inks 6-Year Partnership with Google Cloud to Power Living Health Model
The company, which offers a text-based primary care platform, is building a suite of technology to support its physicians.
What You Should Know: – Artificial intelligence algorithms can predict outcomes of COVID-19 patients with mild symptoms in emergency rooms, according to recent research findings published in Radiology: Artificial Intelligence journal. – Researchers trained the algorithm from data on 338 positive COVID-19 patients between the… Read More »AI Algorithms Can Predict Outcomes of COVID-19 Patients with Mild Symptoms in ER
The health technology company raised a whopping $130 million in a Series D funding round. Its solutions aim to improve operational efficiency and better manage patient volume through predictive analytics, a growing need for providers as Covid-19 cases rise.
When we talk about artificial intelligence, the truth is most physicians aren’t using it.What we need now is for developers and tech executives to stop designing theoretical solutions, and instead place physicians, patients, and specific clinical needs at the center of their solutions.
Together, the two companies say can give drugmakers a better view at the cellular level of how a patient’s immune system is responding to a cerain therapy.
With a recent acquisition from France, Medtronic is aiming to leverage AI in the world of spine surgery and integrate the system with its robot.
What You Should Know: – Microsoft launches a COVID-19 vaccine management platform with partners Accenture and Avanade, EY, and Mazik Global to help government and healthcare customers provide fair and equitable vaccine distribution, administration, and monitoring of vaccine delivery. – Microsoft Consulting Services (MCS) has deployed over… Read More »Microsoft Deploys COVID-19 Vaccine Management Platform
Ultimately, we should be excited about AI and its adoption in biopharma, but we should also stay sensible and focus our efforts where they’ll have the greatest impact.
Amazon Web Services rolled out a new tool, called Amazon HealthLake, to help healthcare and life sciences companies manage their data. The goal is to make it easier for companies to search their data and perform analysis on it.
To help clinicians diagnose rare disease more quickly and accurately, many healthcare organizations are embracing technology solutions like natural language processing (NLP) tools that can create augmented intelligence workflows that facilitate the rapid search of unstructured clinical data from multiple data sources.
By LUKE OAKDEN-RAYNER Anyone who has read my blog or tweets before has probably seen that I have issues with some of the common methods used to analyse the performance of medical machine learning models. In particular, the most commonly reported metrics we use (sensitivity,… Read More »Docs are ROCs: a simple fix for a “methodologically indefensible” practice in medical AI studies
Inertia is a barrier as is the traditional split between the clinical and the data-driven spheres of drug development. While smaller firms have an edge in bridging the gap, big pharma will eventually get there, said panelists at the INVEST conference session.
What You Should Know: – LeanTaaS raises $130 million in Series D Funding to strengthen its machine learning platform to continue helping hospitals achieve operational excellence during a time where they are facing mounting financial pressures due to COVID-19. – LeanTaaS provides software solutions that… Read More »LeenTaaS Secures $130M for ML Platform to Help Hospitals Achieve Operational Excellence
UK digital health firm Sensyne has secured access to millions more anonymised patent records via an alliance with US clinical trial data specialist Phesi. The new agreement comes after a string of access deals with NHS trusts for patient data, and coincides with a bid… Read More »Sensyne launches fundraising, agrees patient data deal with Phesi
UK digital health firm Sensyne has secured access to millions more anonymised patent records via an alliance with US clinical trial data specialist Phesi. The new agreement comes after a string of access deals with NHS trusts for patient data, and coincides with a bid… Read More »Sensyne launches fundraising, agrees patient data deal with Phesi
What You Should Know: – San Francisco-based digital health startup Pair Team emerges out of stealth with $2.7M in seed funding backed by Kleiner Perkins, Craft Ventures, & YC. – Pair Team provides both a remote team and AI that automates workflows, provides infrastructure &… Read More »Pair Team Emerges Out of Stealth with $2.7M to Automate Primary Care Operations
Addenbrooke’s Hospital in Cambridge will be the first in the world to use an artificial intelligence tool developed by Microsoft that promises to cut the time it takes to analyse computed tomography (CT) scans, and allow treatment to start sooner. The Project InnerEye tool was… Read More »UK hospital deploys Microsoft AI to tackle cancer backlog
Dr. Pallabi Sanyal-Dey, Associate Professor of Medicine at UCSF & Director of Client Services at LeanTaaS Since the beginning of the COVID-19 pandemic, key elements of hospital operations such as managing inpatient bed capacity, and access to ventilators and PPE have taken center stage. The… Read More »COVID-19: How Hospitals Can Create Better Inpatient Bed Capacity through Math
Shots: RetinAI signs a multi-year collaboration with Novartis under which RetinAI’s IT solutions and AI tools will be employed to support multiple projects in ophthalmology and digital health The first project under the agreement will support a multi-center international clinical study involving patients with nAMD.… Read More »RetinAI Collaborates with Novartis to Provide AI Solutions in Ophthalmology
The expanded partnership increases the number of Highmark health plan members eligible for enrollment in Lark Health’s AI-driven health coaching programs aimed at managing and preventing chronic diseases.
What You Should Know: – Segmed emerges out of stealth and has secured $2M in seed funding to empower medical AI efforts through easy access to high-quality, structured and anonymized training data sets. – The healthcare industry is amassing data at an unprecedented rate but… Read More »Medical AI Startup SegMed Nabs $2M to Aggregate Medical Data for Research
Olive AI, a startup automating routine administrative tasks for health systems, raised another $225 million in funding, bringing the total raised this year to $385 million.
Northwestern University researchers developed an AI system that analyzes patients’ chest X-rays to identify Covid-19. A study shows it can classify the images faster and with slightly higher accuracy than radiologists.
What You Should Know: – AI workforce management for healthcare provider Olive lands an additional $225.5M in funding, bringing the company’s valuation to $1.5B. – This latest funding round will enable Olive to accelerate product development, and the company plans to announce more capabilities in… Read More »Olive Hits $1.5B Valuation with Additional $225.5M Funding for AI-Powered Digital Employee Platform
What You Should Know: – Proscia secures $23M in Series B funding led by Scale Venture Partners for its AI-enabled digital pathology solutions. – Proscia will use the funding to expand its AI application portfolio, boost commercial expansion, and advance its regulatory strategy to secure… Read More »Proscia Secures $23M for AI-Enabled Digital Pathology Solutions
In a challenge where researchers try to predict the shape of newly identified proteins, an AI system developed by DeepMind determined the shape of two-thirds of proteins with an accuracy comparable to laboratory experiments.
The technology company is launching an alliance connecting the AI-driven medical imaging startups in its accelerator program to the GE Healthcare Edison Developer Program and Nuance AI Marketplace for diagnostic imaging.
Researchers at DeepMind say they have solved “the protein folding problem,” a task that has bedeviled scientists for more than 50 years.
UK artificial intelligence startup Okra Technologies has launched a new software platform that it claims can take the guesswork out of the price that can be charged for new drugs, years ahead of launch. The AI system – called ValueScope – can predict the price… Read More »Okra says AI-based drug price predictor is 90% accurate
AI-powered surveillance systems are helping health systems and public health agencies with their response to the Covid-19 pandemic. The current health crisis offers a glimpse of how it may be possible to predict and prevent a range of chronic health concerns, including healthcare-associated infections.
The startup, which has developed a portable ECG device, received clearance for algorithms to detect more cardiac conditions, such as premature contractions.
Despite advances in science and technology, denovo drug development has been a costly and time-consuming process over the past decades. Given these circumstances, drug repositioning and repurposing has appeared as an alternative tool to accelerate drug development processes by seeking new indications for approved/shelved drugs… Read More »AI Driven Repositioning and Repurposing Summit 2021
What You Should Know: – Zebra Medical Vision, the deep-learning medical imaging analytics company, and Scottish digital transformation consultancy Storm ID were chosen to co-develop new AI-based osteoporosis prevention solutions under EUREKA intergovernmental network. – The UK-Israel research and development grant will be co-developed with… Read More »Zebra Medical Vision to Co-Develop AI-Based Models for Osteoporosis Early Detection & Prevention
An artificial intelligence tool developed by GE Healthcare twinned with a mobile X-ray device can help the placement of endotracheal tubes (ETTs), a necessary step for COVID-19 patients who require ventilation. The new tool – part of GE’s Critical Care Suite 2.0 – helps bedside… Read More »GE Healthcare’s AI tool helps clinicians intubate patients accurately and safely
What You Should Know: – GE Healthcare announced a new artificial intelligence (AI) algorithm to help clinicians assess Endotracheal Tube (ETT) placements, a necessary and important step when ventilating critically ill COVID-19 patients. – The AI solution is one of five included in GE Healthcare’s… Read More »GE Healthcare Unveils First X-Ray AI Algorithm to Assess ETT Placement for COVID-19 Patients
What You Should Know: – GigCapital2 Inc has agreed to merge with UpHealth Holdings Inc and Cloudbreak Health LLC to create a public digital healthcare company valued at $1.35 billion, including debt, the blankcheck acquisition company said on Monday. – The combined company will be… Read More »SPAC Mergers with 2 Telehealth Companies to Form Public Digital Health Company in $1.35B Deal
What You Should Know: – AliveCor announced they received FDA clearance of new algorithms for use with their personal EKG devices, KardiaMobile and KardiaMobile 6L. These additional determinations will be available via a software upgrade for the Kardia devices in 2021. – The additional FDA-cleared… Read More »AliveCor Receives FDA Clearance of Next-Gen EKG Algorithms
By helping patients find affordable healthcare, AI will promote stronger financial health for providers and patients alike, and improve the quality of care as patients gain the financial support to engage in more preventative healthcare.
Vasilios Nassiopoulos, VP of Platform Strategy and Innovation, Hayes Razor-thin operational margins coupled with substantial and ongoing losses related to COVID-19 are culminating in a perfect storm of bottom-line issues for U.S. hospitals and health systems. A study commissioned by the American Hospital Association (AHA) found that… Read More »Hospital Sustainability Demands that Revenue Integrity Move Front and Center
The health system and biotech company are collaborating to create a Covid-19 patient registry biobank, which will combine de-identified patient data and AI technology to identify characteristics and trends that have an impact on disease outcomes.
The 51-hospital system and artificial intelligence company are building on their existing collaboration to deploy technology that will allow physicians to focus solely on their patients during visits.
Shots: Deep Genomics will receive an undisclosed upfront payment and is eligible to receive development milestones, BioMarin will receive an exclusive option to obtain Deep Genomics’ rights to each program for development & commercialization Deep Genomics will use its AI drug discovery platform (The AI… Read More »BioMarin Pharmaceutical Signs an Agreement with Deep Genomics on Advancing Programs Identified Using Artificial Intelligence
The Boston-based startup developed a symptom checker that can also help navigate users to care in their insurance network. Optum Ventures is also one of its backers.
What You Should Know: – Bill & Melinda Gates Foundation awards Caption Health a $4.5M grant to support the development of an AI-guided lung ultrasound system. – The grant from the Bill & Melinda Gates Foundation will be leveraged to create new AI technology that… Read More »Gates Foundation Awards Caption Health $4.95M Grant to Develop AI-Guided Lung Ultrasound System
What You Should Know: – Nuance Communications, Inc. and one of the country’s largest health systems, Providence, announced a strategic collaboration, supported by Microsoft, dedicated to creating better patient experiences and ease clinician burden. – The collaboration centers around Providence harnessing Nuance’s AI-powered solutions to… Read More »Providence Taps Nuance to Develop AI-Powered Integrated Clinical Intelligence
Google Cloud developed a suite of tools using natural language processing to help healthcare workers review and analyze medical documents more easily.
Drug discovery firm Exscientia has beefed up its leadership team with the appointment of former AstraZeneca scientist Dr Garry Pairaudeau as its chief technology officer. Pairaudeau – who will report directly to Exscientia chief executive Prof Andrew Hopkins – has been at AZ for 25… Read More »AZ drug hunter Garry Pairaudeau joins AI specialist Exscientia
What You Should Know: – Buoy Health raises $37.5 million in Series C funding to expand it’s AI-powered healthcare navigation platform, bringing its total raised to date at $66.5M. – Buoy will use the proceeds to further build out its IP with respect to artificial… Read More »Buoy Health Raises $37.5M to Expand AI-Powered Healthcare Navigation Platform
What You Should Know: – Centene Corporation acquires AI healthcare analytics platform Apixio to additional data and AI capability to technology portfolio. – Apixio will remain an operationally independent entity as part of Centene’s Health Care Enterprises group to continue bringing value to its clients… Read More »M&A: Centene to Acquire AI Healthcare Analytics Platform Apixio
What You Should Know: – Cardiopulmonary digital health company Eko raises $65M in Series C funding to close the gap between virtual and in-person heart and lung care. – The latest round of funding will enable Eko to expand in-clinic use of its platform of… Read More »Eko Lands $65M to Expand AI-Powered Telehealth Platform for Virtual Pulmonary and Cardiac Exam
Front row (left to right): Jian Chen, Vice President, Xian Janssen Pharmaceuticals; Dan Wang, Head, Johnson & Johnson Innovation, Asia Pacific; Sharona Tao, Leader, Communications & Public Affairs, Johnson & Johnson China; Jennifer Yang, Head, Lung Cancer Initiative China, Johnson & Johnson Back row (left… Read More »Johnson & Johnson Innovation Launches 3 Collaborations to Advance Healthcare in China
The survey, conducted by Optum, shows that healthcare executives’ confidence in AI is high, and most expect to soon see cost savings from implementing the technology. Further, a majority are looking to hire talent with experience developing AI.
Startups are turning to voice data as they try to develop tools to detect a wide range of diseases. One startup, Vocalis Health, is working with Mayo Clinic to identify voice-based biomarkers for pulmonary hypertension.
Talking Medicines has raised £1.1 million ($1.4 million) in funding that will be used to develop an artificial intelligence (AI) data platform that can be used by pharma companies to gain insights into how patients perceive them. The Glasgow-based company – which is behind the… Read More »Talking Medicines gets funding to expand AI-based “patient voice” platform
Ram Sathia, VP of Intelligent Automation at PK While most of the public’s attention is focused on the horse race for an approved COVID-19 vaccine, another major hurdle lies just around the corner: the distribution of hundreds of millions of vaccine doses. In today’s highly… Read More »How RPA Can Help Get COVID-19 Vaccines to High-Risk Patients First
It could be possible to detect whether someone has COVID-19 or not, just from the sound of their coughing. That’s the conclusion of testing of an artificial intelligence (AI) algorithm developed by the Massachusetts Institute of Technology (MIT), which was able to detect around 98%… Read More »Does my cough sound like COVID? There could be an app for that
Lark Health, which offers AI-powered digital care platforms for chronic diseases, has raised $70 million in new funds, which it plans to use to expand its relationship with Anthem and eventually deepen partnerships with other payers and telehealth providers.
The pharmaceutical industry has sometimes been a laggard in terms of digital maturity, but the COVID-19 crisis has provided companies the impetus to rapidly implement the most cutting-edge technologies. At the heart of most of these digital advancements is AI and machine learning. With a… Read More »AI’s infiltration of pharma: How COVID-19 accelerated change
The virtual study, which included wearable data form more than 30,500 participants, found that changes in sleep, activity and heart rate levels, along with self-reported symptom data, could be used to identify potential cases of Covid-19.
What You Should Know: – Fern Health will reveal a first-of-its-kind collaboration with Mass General Hospital where it will inform existing and future digitally-delivered pain management programs through the marriage of AI + predictive analytics with 10 million de-identified Mass General patient records. – MGH… Read More »Fern Health Taps 10M Mass General De-Identified Patient Records for Pain Management
What You Should Know: – Northwestern Memorial Hospital is the first in the nation to deploy FDA-cleared AI-guided ultrasound by Caption Health, including measurement of ejection fraction – the most widely used measurement to assess cardiac function. – Caption Health’s AI-guided cardiac ultrasound enables clinicians… Read More »Northwestern to Deploy FDA-Cleared Deploy AI-Guided Cardiac Ultrasounds
What You Should Know: – KēlaHealth announced their Series A round (combined seed and Series A) of $12.9M led by Sante Ventures and new innovation VC, Intuitive Ventures. – KēlaHealth, is a surgical intelligence engine that applies a dynamic cycle of patient-specific predictions, stratified interventions,… Read More »KēlaHealth Lands $12.9M to Expand AI-Powered Surgical Intelligence Platform
What You Should Know: – Nuance Communications, Inc. announced the Kettering Health Network has selected ED Guidance for Nuance Dragon Medical Advisor. – This AI-powered computer-assisted physician documentation (CAPD) solution will help reduce physicians’ administrative burden while lowering the risk of adverse safety events, missing… Read More »Kettering Health to Deploy Nuance’s AI-Driven Physician Documentation for ED
Sheba ARC Innovation Center What You Should Know: – Holy Name Medical Center based in New Jersey and Israel’s Sheba Medical Center, the largest medical center in the Middle East announced a strategic partnership to develop digital health and telehealth solutions, The Times of Israel… Read More »Holy Name, Sheba Medical Center Partner to Develop Digital Health Solutions
Novartis is opening a new digital health innovation hub in Canada to help develop “scalable, digital solutions” for patients and healthcare providers. The Canadian Biome Digital Innovation Hub will be based in Montreal at the artificial intelligence research institute, Mila. The institute formed a strategic… Read More »Novartis launches digital health hub in Canada
By Rotem Shor, Medisafe Chief Technology Officer Technology and health have experienced a convergence in the last few years, leading to a new state of digital health that is transforming how we live and work. But there is a greater science behind it that analyzes… Read More »Using Behavioral Science in A Digital World
While there are encouraging signs of reimbursement falling in step with the move towards a more value-based healthcare system, what is needed now to further encourage healthcare innovators is to properly rationalize approval processes imposed by the FDA and CMS.
The regulatory clearance would allow AIdoc’s system to be used to detect incidental pulmonary embolism, meaning that it could flag unsuspected findings in CT scans.
What You Should Know: – Innovaccer launches its artificial intelligence (AI)-enabled patient relationship management solution to streamline communication between patients and their care teams. – The solution enables providers and member teams to move beyond treating illness to facilitating proactive care by building productive, long-term… Read More »Innovaccer Launches AI-Enabled Patient Relationship Management Solution
When discussing the role of AI in Covid-19, we have to reframe this conversation and look at AI as an important approach that can provide better analysis and ultimately better outcomes for patients, not as replacing the entirety of the drug discovery process or as… Read More »Will Covid-19 be the straw that breaks AI’s back?
What You Should Know: – The U.S. government’s Joint Pathology Center, which houses the world’s largest human tissue repository, today announced that Proscia, a leading digital and AI pathology company, will provide end-to-end modernization of JPC’s pathology operations. – The multi-phase project will digitize the… Read More »JPC Taps Proscia to Modernize World’s Largest Human Tissue Repository
The deal with Roche subsidiary Genentech is likely not the last for Genesis Therapeutics, which is based on AI research undertaken at Stanford. Such partnerships are potentially lucrative for drug-discovery startups.
Kelly Patrick, Principal Analyst at Signify Research Without a doubt 2020 has been a devastating year for many; the impact of COVID-19 on both personal lives and businesses has had long-term consequences. At the end of September, the number of COVID-19 cases fell just short… Read More »The Future of the ICU? How Clinical Decision Support Is Advancing Care
As we have heard repeatedly over the past few months, there is a need to think of managing this pandemic in the same way we prepare for a marathon rather than a sprint, says Dr Charles Alessi, chief clinical officer, HIMSS.
Global healthcare funding set a new record in the third quarter, according to data from CBInsights. Healthcare companies raised a total of $21.8 billion across 1,539 deals.
Critics have faulted some technologies for potentially reinforcing racial inequality. But a Deloitte exec painted a more optimistic picture at the HLTH conference.
For most healthcare professionals, providing care to their patients is mandatory. However, there are times when their desire to give patients the best care possible becomes a necessity for compliance, particularly now that hospital negligence has been a constant stress factor for both professionals and… Read More »Can Technology Help Reduce Cases of Hospital Negligence?
98point6 App What You Should Know: – On-demand text-based primary care platform 98point6 raises $118M in Series E funding to further invest in research and development and expand its robust medical practice. – 98point6 offers patients easy access to primary care in the same way… Read More »98point6 Lands $118M to Expand Text-Based Primary Care Platform
What You Should Know: – FUJIFILM Medical Systems U.S.A., Inc. and Volpara Solutions announced the extension of their partnership to provide mammography facilities and clinicians with breast imaging solutions designed to improve image quality, streamline workflow and accurately assess a patient’s breast density. – Building… Read More »Fujifilm & Volpara Partner to Help Clinicians Determine Patient Breast Density
US startup Blue Oak Pharma has joined a lengthening list of companies turning to Exscientia of the UK for its expertise in applying artificial intelligence to drug discovery. Waltham, Massachusetts-based Blue Oak – led by neurobiologist and former Eli Lilly and Sunovion executive Tom Large… Read More »Blue Oak taps AI specialist Exscientia for CNS drug discovery
In a HLTH session Tuesday, an executive at the pharma company offered an update on its efforts to become a digital and data powerhouse.
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… Read More »Innovaccer Unveils Risk Adjustment Solution For Improved Coding Accuracy
By KEN TERRY In a recent podcast about the future of telehealth, Lyle Berkowitz, MD, a technology consultant, entrepreneur, and professor at Northwestern University’s Feinberg School of Medicine, confidently predicted that, because of telehealth and clinical automation, “In 10-20 years, we won’t need primary care… Read More »Will AI-Based Automation Replace Basic Primary Care? Should It?
What You Should Know: – Intermountain Healthcare announced it will scale Notable’s AI-driven platform across the health system’s clinically integrated network to support thousands of providers, automate administrative workflows, streamline the check-in experience for patients, and simplify provider follow-up. – The Notable Platform uses intelligent… Read More »Intermountain to Deploy AI-Powered Digital Assistants Across Clinically Integrated Network
What You Should Know: – NVIDIA and Massachusetts General Brigham Hospital researchers develop an AI model that determines whether a person showing up in the emergency room with COVID-19 symptoms will need supplemental oxygen hours or even days after an initial exam. – The ultimate… Read More »NVIDIA Develops AI Model to Accurately Predict Oxygen Needs for COVID-19 Patients
The company, which was a winner of the MedCity INVEST Digital Health Pitch Perfect contest, was founded with the aim of using digital technology to improve the experience and efficiency of prior authorizations, in particular determining whether they are needed.
Swiss medical data specialist Sophia Genetics has raised $110 million in an oversubscribed funding round that will be used to boost its headcount and international presence and prepare to take its shares public. Proceeds from the sixth-round of private fundraising will fund the growth in… Read More »$110m financing sets up US, Asia expansion for Sophia Genetics
Renee Yao, Global Healthcare AI Startups Lead at NVIDIA COVID-19 has put a tremendous burden on hospitals, and the clinicians, nurses, and medical staff who make them run. Many hospitals have suffered financially as they did not anticipate the severity of the disease. The extended… Read More »4 Areas Driving AI Adoption in Hospital Operations and Patient Safety
