Our monthly report on AI, ML, DL, and NLP in healthcare looks at who, what, where, and how the use of artificial intelligence is changing healthcare for the better. We will bring you some of the latest news and product information along with thought leader posts and our AI playlist of episodes from Healthcare NOW Radio.
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In the News
Maverick Medical AI Expands US Presence with New Partnership Offering Its Breakthrough Real-Time Autonomous Medical Coding Solution
Maverick Medical AI announces significant expansion of its presence in the United States through a new partnership with a leading national medical provider specializing in the growing outpatient radiology sector. In under three months, Maverick successfully transitioned the provider from contract signing to full implementation, achieving an impressive 85% direct-to-bill rate and over 93% accuracy with its groundbreaking real-time AI autonomous medical coding platform.
Suki’s Voice AI Assistant Transforms Healthcare in Underserved Populations
Suki, a voice artificial intelligence technology for healthcare company, announced its collaboration with several Federally Qualified Health Centers and Community Health Centers, including Utah Navajo Health System, CenterPlace Health, Access Health Louisiana, and PrimeCare Health, to assist providers in addressing the significant volume of patients seeking quality care in underserved areas.
Lirio and Cone Health Launch AI-Driven Interventions for Chronic Conditions to Advance Public Health Outcomes
Lirio, a pioneer in the fusion of behavioral science and artificial intelligence to deliver better health outcomes, announced it is launching a second intervention focusing on diabetes with Cone Health, one of the largest and most comprehensive health networks in North Carolina. The initiative builds on the strategic partnership announced in 2023, and it aligns with Cone Health’s focus on managing chronic conditions, improving the patient experience and advancing health equity. It also represents the first enterprise agreement for Lirio.
COTA and Texas Oncology Collaborate to Advance AI-Enabled Precision Medicine
COTA, Inc., in collaboration with Texas Oncology’s Precision Health Informatics, LLC, announces an innovative collaboration aimed at revolutionizing precision medicine across Texas Oncology’s community cancer centers. Leveraging COTA’s AI-powered curation engine, CAILIN™, this collaboration will transform fragmented healthcare data into actionable insights.
Huma Completes Series D with Total Financing of Over $80m as it Launches Huma Cloud Platform with GenAI Integrations to Bring Digital First Care and Research to Everyone
Building and launching a scalable digital health product that meets regulatory demands typically takes a few years to deliver. Global healthcare AI company Huma Therapeutics Limited is announcing the completion of its Series D funding round to help cut that time down to days as it launches the Huma Cloud Platform. The platform offers no code configuration of regulated disease management tools for any therapeutic area, a library of pre-built modules and device connectivity capabilities, a cloud-agnostic framework for flexible hosting, readily available APIs and integration capabilities, the ability to host and deploy diagnostic and predictive AI algorithms, a marketplace, and more to advance digital-first care and research.
KAID Health and Park Medical Announce Strategic Partnership to Enhance Coding Accuracy, Efficiency and Care Quality
KAID Health and Park Medical Centers are excited to announce a strategic partnership. KAID Health’s Artificial Intelligence and medical coders are supporting Park clinicians in better delivering the high-quality, empathetic care that PMC is known for throughout the metro-Detroit area. With KAID Health, all data in Park’s electronic medical record will support billing accuracy and ensure care quality data is appropriately monitored, while streamlining administrative workflows.
mpathic Receives SBIR Award to Address Racial Bias in Healthcare AI
mpathic, a company in AI-powered actionable conversation analytics specializing in healthcare, life sciences, and client services, announced it has received a highly competitive National Institutes of Health Small Business Innovation Research (SBIR) award for its transformative project “Empathy for Everyone: Generative AI that Improves Patient-Provider Cultural Attunement in Real Time.”
Zoi Capital Founders and Industry Veterans Announce 200 Million Dollar Fund Targeting AI Technologies with Practical Applications for Healthcare
Zoi Capital, a venture capital firm specializing in artificial intelligence (AI) solutions for healthcare, announces their fundraising goal of $200 million for their Health AI Fund I. Founded by Mayo Clinic-trained cardiologist Dr. Ronald M. Razmi and Brian K. Beeler, former Executive VP and General Counsel of Horizon Therapeutics, the co-founders and Managing Directors share more than 50 years of experience in the medical technology field and have been responsible for more than $30 billion in exits via public markets and acquisitions.
MDaudit’s SmartScan.ai and Insights.ai Revenue Integrity Tools Earn Top Honors in Golden Bridge Awards for Healthcare AI and Technology Innovation
MDaudit, an award-winning cloud-based continuous risk monitoring platform for RCM that enables the nation’s premier healthcare organizations to minimize billing risks and maximize revenues, announced that its Insights.ai and SmartScan.ai solutions received two 2024 Golden Bridge Awards for artificial intelligence (AI) and health IT innovation. The MDaudit billing compliance and revenue integrity platform was also shortlisted in the 2024 SaaS Awards program.
Products
Abridge, Mayo Clinic, and Epic Collaborate to Develop an Integrated Artificial Intelligence Documentation Solution for Nurses
Abridge, Mayo Clinic, and Epic announced a generative AI ambient documentation workflow for nurses. This collaboration will put cutting-edge solutions in the hands of nurses. Powered by Epic, Abridge’s new product combines the strength of Abridge’s generative AI platform with seamless integration into existing Epic nursing workflows.
Dyna AI Now Available for DynaMedex® and Dynamic Health™
EBSCO Information Services’ (EBSCO) Clinical Decisions introduces Dyna AI, a generative artificial intelligence (AI) capability that surfaces the information clinicians need at the point of care faster than ever. Dyna AI will be available for Dynamic Health™ and DynaMedex®, retrieving industry-leading, trusted evidence-based, expert-curated responses for clinicians, redefining clinical decision support.
Greenspace Health Launches MBC 2.0: Leading the Future of Behavioral Health With AI and Predictive Tech
Greenspace Health, a company transforming behavioral health services through Measurement-Based Care, proudly announces the launch of MBC 2.0. This ongoing evolution of the platform will deliver enhanced functionality, while leveraging AI and predictive technologies to significantly increase the impact of MBC. Designed to improve client and clinician engagement, reduce the measurement burden on clinical leaders and providers, and dramatically elevate the quality of care for individuals in need.
H2O.ai Announces the Launch of Danube3 Series, Surpassing Apple and Rivaling Microsoft with Latest Small Language Models
H2O.ai, an open-source company in Generative AI and machine learning, is excited to announce the global release of the H2O-Danube3 series, the latest addition to its suite of small language models. This series, now available on Hugging Face, includes the H2O-Danube3-4B and the compact H2O-Danube3-500M, both designed to push the boundaries of natural language processing (NLP) and make advanced capabilities accessible to a wider audience.
Thoughtful AI Launches Human-Capable AI Agents, Raises $20m in New Funding
Thoughtful AI, an AI-powered revenue cycle automation company, unleashed a flurry of news highlighting its forward momentum, including the launch of the world’s first fully human-capable AI Agents specializing in healthcare revenue cycle management, exceptional growth metrics, and $20 million in new funding through a Series A round led by Nick Solaro of Drive Capital with participation from TriplePoint Capital.
TSI Unveils PULSE, a Revolutionary AI-Driven Healthcare Revenue Cycle Management Solution that Streamlines Denial Analysis and Improves Revenue Recovery
Transworld Systems Inc., a technology enabled healthcare revenue recovery and outsourcing provider in the United States, announced the launch of its state-of-the-art AI-powered denial management solution PULSE. By using proprietary intelligent document processing, robotic process automation and custom content generative AI, PULSE streamlines denial analysis and appeal creation, improving overturn percentages and increasing revenue recovery.
Savista Launches New, Cutting-Edge AI Digital Agent to Drive a More Personalized Patient Experience – 6/26
Savista, a healthcare revenue cycle management services company, has launched a new cutting-edge AI capability in the form of a patient-facing digital agent. The Conversational AI voice agent, named Sophia, uses Large Language Models and Generative AI to provide an improved patient experience and help patients resolve their healthcare financial obligations. The technology ensures the accuracy and security of data received, as well as payment card industry compliance and encryption.
Solventum Introduces Denials Prevention Solution, an AI-Powered Tool, Empowering Health Systems to Help Reduce Write-Offs and Improve Top Line Revenue
Solventum, [formerly 3M Health Care] announced a new artificial intelligence (AI)-driven payment integrity and revenue cycle solution, Solventum™ Revenue Integrity System. In collaboration with Sift Healthcare, this solution is designed to help health systems not only reduce potential denials but prevent them and ensure timely and accurate payer reimbursement.
To Read
Talkdesk
Talkdesk Report Reveals Artificial Intelligence Fuels Improved Customer Experience and Agent Experiences Amid Surging Call Volumes – Talkdesk®, Inc., a global provider of artificial intelligence (AI)-powered customer experience technology that serves enterprises of all sizes, launched its latest annual Talkdesk Global Contact Center Key Performance Indicator Benchmarking report. Announced at Customer Contact Week Las Vegas 2024, the report measures five traditional contact center performance metrics and indicates that amid surging inbound call volumes in 2023, AI helps organizations improve speed to answer, maintain service levels, and more.
Unlearn
Unlearn Publishes Peer-Reviewed Article Evidencing the Path to Applying AI-Powered Digital Twins in Healthcare – Unlearn®, an artificial intelligence research company announced its peer-reviewed scientific manuscript, entitled “Increasing Acceptance of AI-Generated Digital Twins Through Clinical Trial Applications,” was published in the Clinical and Translational Science (CTS) journal.