Faro Health Inc.’s Post

Abridge's $150M Series C funding is setting the stage for a transformative #AI revolution in clinical documentation. 🩺💡 A Pittsburgh gem, Abridge, is at the forefront of harnessing generative AI to enhance #healthcare documentation, a move that promises to streamline patient care and boost efficiency across the board. Spearheaded by CEO Shivdev Rao, a cardiologist with a vision, this leap could mark a pivotal shift towards more personalized and efficient healthcare services. 💰 The significance? Beyond the impressive funding, Abridge's valuation soared to $850 million, underlining the tech's transformative potential. This venture is not just about innovation; it's about creating a healthcare ecosystem where documentation supports, rather than hinders, medical professionals. I see Abridge's advancement as a beacon of hope for addressing the long-standing challenges in clinical documentation. What are your thoughts on the impact of AI in healthcare documentation? #DigitalHealth #HealthTech

We are honored to be included in Built In's latest article featuring top Healthcare Startups and Healthcare Tech companies!! Check it out!! https://lnkd.in/gbdAhcPQ #healthcare #healthcaretechnology #ai #artificialintelligence #machinelearning #hiring

🖋 Following the news of our recent investment in SmarterDx's $50 million Series B, we decided to put pen to paper to share our thoughts on what originally drew us to the company and team. We dig into the following topics: 🔹The Origin Story: Our early interest and belief in Michael Gao and Josh Geleris to bring the vision of SmarterDx to fruition. 🔹Sizing the Opportunity: Our perspectives on how AI can be leveraged to address inefficiencies in clinical documentation. 🔹SmarterDx's Solution: Why SmarterDx is uniquely positioned to tackle the AI clinical documentation problem and an update on the company's latest milestone wins. 🔹The Road Ahead: A glimpse into how the team is thinking about the future, looking towards new product launches that aim to broaden ROI. 🌟 You can read the full article here: https://lnkd.in/eJcjVy8U

🚀We are incredibly excited to announce our recent partnership with Lunit Global and AZmed to accelerate AI adoption in the NHS! Our collaboration will streamline the integration of AI models into clinical workflows, making fast, safe adoption AI possible – at scale. Our approach to AI deployment is already trusted by eight NHS trusts. It democratises access to AI thanks to open-source technology we developed with the Medical Open Network for AI (MONAI) community. The healthcare landscape is always changing, and the AI space is evolving at an even faster rate. Making sure that the NHS will always have access to the latest, safest, and most effective AI models is a top priority for us, as making sure no organisation is locked out of innovation (or locked IN to a single supplier) is key to making real progress with improving patient care. We couldn’t be more excited about this partnership and the potential it holds to transform healthcare services, as well as release much needed capacity for overstretched NHS staff. Big thanks to Cora Lydon from Digital Health for the coverage, and we're thrilled to have the opportunity to share the incredible work we're doing in the industry.: https://lnkd.in/ezBMCNfr Looking to unlock innovation in Healthcare AI? Don’t hesitate to get in touch!  #HealthTech #AIInHealthcare #DigitalTransformation

𝗝𝗼𝗶𝗻 𝘁𝗵𝗲 𝗜𝗧𝗘𝗔 𝗧𝗼𝗽𝗶𝗰𝗮𝗹 𝗿𝗼𝗮𝗱𝘀𝗵𝗼𝘄 𝘀𝗲𝘀𝘀𝗶𝗼𝗻 - 𝗧𝗵𝗲 𝗹𝗲𝗴𝗮𝗹 𝗰𝗼𝗻𝘀𝗲𝗾𝘂𝗲𝗻𝗰𝗲𝘀 𝗼𝗳 𝘂𝘀𝗶𝗻𝗴 𝗔𝗜 𝗶𝗻 𝗵𝗲𝗮𝗹𝘁𝗵𝗰𝗮𝗿𝗲   🧠 AI is increasingly integrated into daily life, particularly in healthcare, where numerous #AI tools assist medical professionals. The new European AI Act imposes regulations to ensure the safety and quality of AI-driven medical software, highlighting the importance of compliance for these applications. This year’s second ‘ITEA Topical Roadshow ’will focus on '𝗧𝗵𝗲 𝗹𝗲𝗴𝗮𝗹 𝗰𝗼𝗻𝘀𝗲𝗾𝘂𝗲𝗻𝗰𝗲𝘀 𝗼𝗳 𝘂𝘀𝗶𝗻𝗴 𝗔𝗜 𝗶𝗻 𝗵𝗲𝗮𝗹𝘁𝗵𝗰𝗮𝗿𝗲'. 💻 In this online webinar, which is co-organised with ITEA project partner and expert in developing eHealth technologies MEDrecord from the Netherlands, the legal consequences of using AI in healthcare, also in relation with the AI Act, will be discussed and insights in certification of e-Health applications will be shared. Like the previous webinar, this session will contain a short introduction, a few testimonials/presentations by experienced ITEA Community members and an open discussion with the participants. Don't miss out and register for free now! 🗓️ 20 June 2024 🕑 15:00 – 17:00 CEST | Online 📝 Register for free 👉 https://lnkd.in/eiVxG5Cz #AIinHealthcare #AIAct #HealthTech #MedTech Jan-Marc Verlinden

The healthcare domain is one of the most complex when it comes to privacy, liability, data sharing, and other legal aspects, particularly in the context of AI applications. These issues are critical as they impact patient safety, data security, and compliance with regulations such as HIPAA in the United States or GDPR in Europe. If you are interested in healthcare or the legal implications of AI in general, see below more details about our online session on this particular topic.

This article from Healthcare Brew discusses how AI is revolutionizing the healthcare industry, particularly in clinical trials. AI-powered software is streamlining clinical data management, monitoring trial participants, and analyzing results. This technology can lower costs, accelerate research, and improve patient outcomes. https://lnkd.in/eAW7Y4Rj. Let us develop an AI upskilling program for your organization. Whether in healthcare or a different sector, we work with you to ensure your organization's success with AI, considering your unique challenges and desired outcomes. https://lnkd.in/ep_rbVH

Introducing a Breakthrough in Life Sciences: Cloudbyz Reveals ClinicalWave.ai, a Trailblazing AI/ML Innovation #AI #AIpoweredsolutions #artificialintelligence #clinDICOMai #clinExtractai #ClinicalWaveai #clinRedactai #Cloudbyz #Cloudbyzecosystem #DataPrivacy #fortifiedDICOMdata #Healthcare #insights #Integration #llm #machinelearning #ML #precisiondataextraction #synergy

https://lnkd.in/gjkapUvv A group of academic hospitals and technology companies will form a new nonprofit venture to oversee a nationwide network of laboratories to test artificial intelligence tools designed for use in health care. The nonprofit will establish the laboratories at Mayo Clinic, Duke University, Stanford University, and other major universities and institutions around the country. Its goal is to create a system to certify and register AI models, and publish details about their performance before they are widely adopted. The labs are expected to begin operating within the next few months. Amazing work by Microsoft and their partners! Blog - Healthcare technology trends to watch in 2024 - https://lnkd.in/gRGJmCDm Blog – Medical Biotech and Pharmaceutical - https://lnkd.in/gj5cfAa3   Paul Young CPA CGA Paul Young is a former IBM Customer Success Manager that has deployed data and AI solutions across geographies and industries for the past 8 years. Paul is an expert on data journey as part of driving better decisions based on the right data, at the right time. #healthcare #biotech #medical #digitalhealthcare #waittimes #surgery #treatment

🚀 Exciting News from Google in the Health Industry! 🏥 Google has just unveiled MedLM, a groundbreaking advancement in the realm of healthcare AI, extending the capabilities of their medical language model, Med-PaLM 2. These two innovative models are tailored to address diverse medical tasks, marking a significant leap forward in answering complex medical questions, generating insights from unstructured data, and summarizing crucial medical information. Exciting times ahead in 2024! #AI #GoogleHealth #MedLM #HealthTech 🌟