Great chatting with Rebecca Torrence about AI and highlighting Cohere Health, which leverages AI to transform prior authorization, enabling faster and better clinical outcomes.
Lynne Chou O'Keefe’s Post
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As AI infiltrates areas where private information is prevalent, there will certainly be an increase in potential for data theft and involvement in important decisions. One question I haven't found a good answer for is how will med/mal respond to AI driven decisions in an environment where it is a point and click type outcome? https://lnkd.in/eFMtgX8g
2024 shaping up to be a big year for healthcare AI companies. But some investors remain cautious
fiercehealthcare.com
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Healthcare Operations Strategist | Managed Care Specialist | Process Management | Data Analysis & Reporting
This article from FierceHealthcare discusses the growth of AI investment in healthcare and the challenges faced by investors. It highlights that the investment in AI healthcare companies has grown significantly in the past five years, with 2024 projected to be a big year. Notably, AI investment in healthcare is now two times faster than the tech industry overall. The article also mentions a trend of investors focusing on administrative AI applications first, due to lower risk and clearer efficiency gains. However, some investors are cautious due to the hype surrounding generative AI and high valuations in 2021. https://lnkd.in/eEENAhp3 #healthcare #healthcareinnovation #healthcareit #healthcareai #ai #genai #generativeai #llm
2024 shaping up to be a big year for healthcare AI companies. But some investors remain cautious
fiercehealthcare.com
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From Becker's Healthcare: "Generative artificial intelligence in healthcare is poised to grow by nearly $21 billion by 2032, PYMNTS reported Oct. 4." However, if you are interested in applying #GenAI *today,* check out Microsoft for Startups companies, Commerce.AI, Hyro, Pangaea Data, and ScienceIO. Additionally, they will all be at #HLTH2023 and are ready to show you how they are using #generativeAI in a productive, safe and secure manner. More details in the link in the first comment. 👇 Jay Acosta Aaron Bours Vibhor Gupta Will M. Bethany Cordes Vikas Arora Derek Haynes
Generative AI in healthcare set to skyrocket from $1B to $22B
beckershospitalreview.com
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Another win for the healthcare industry! The progress in generative AI is certainly encouraging. However, it raises an important question that we must all consider. Is it worth investing eight to nine figures in technology for just a 1.0 to 1.5 percent increase in productivity and accuracy over a decade? Let's continue to monitor the advancements in AI and evaluate the potential benefits before making any major investments. #HealthcareIndustry #GenerativeAI #Productivity #Accuracy #improvedmedicaldocumentation #increasedpatientengagement #improvedclinicaloutcomes
Abridge clinches $150M to build out generative AI for medical documentation
fiercehealthcare.com
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At the 2024 Global AI Conference, the session "Breaking New Ground: How AI and Tech Startups Are Revolutionizing the Digital Health Landscape," hosted by Sally Ann Frank Microsoft for Startups, spotlights four innovative startups: Artisight, OUTBOUND AI, Huma.AI, and CueZen. The panel delves into how AI is transforming healthcare through personalized treatments, automated administrative tasks, and faster drug development. Emphasizing the importance of data privacy and tackling adoption challenges, the discussion highlights AI's significant potential to improve healthcare efficiency and patient outcomes. This session showcases AI's crucial role in shaping the future of healthcare. Watch now to uncover these groundbreaking insights! #AIInnovation #HealthTech #FutureOfHealthcare #AIRevolution
At the 2024 Global AI Conference, the session "Breaking New Ground: How AI and Tech Startups Are Revolutionizing the Digital Health Landscape," hosted by Sally Ann Frank of Microsoft for Startups, features four innovative startups: Artisight, Outbound AI, Huma.AI, and CueZen. Panelists discuss leveraging AI to transform healthcare through personalized interventions, automated administrative tasks, and accelerated drug development. They highlight the importance of data privacy, overcoming adoption barriers, and the potential for AI to significantly enhance healthcare efficiency and patient outcomes. This session underscores AI's pivotal role in shaping the future of healthcare. These startups are pioneering new ways to integrate AI into healthcare, making it more efficient, effective, and accessible. Their work demonstrates the immense potential of AI to not only streamline processes but also to create more personalized and effective treatments for patients. The conversation also addresses critical challenges such as ensuring data privacy and overcoming resistance to new technologies in the medical field. This session is a must-watch for anyone interested in the future of healthcare and the transformative power of AI. Watch now to explore these groundbreaking insights! #AIHealthcare #DigitalHealth #WatchNow #TechStartups https://lnkd.in/eAry2h4M Stead Burwell Lana Feng, Ph.D. Andrew Gostine, MD, MBA Ankur Teredesai
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Helping startups build better healthtech products | Author • Podcast Host of Digital Thoughts | Product Manager @ AmerisourceBergen
Healthcare is and always will be about human connection. Check out the newsletter today! AI use cases are growing by the day as people look for new ways to implement the technology. But let's use it the way it should be used. Use it the way where it can help the most. Use AI for repeatable tasks that can easily be automated. Use it to find patterns in your data. Use it ask questions with your own documents. Yes these examples are not the flashiest but they will make a massive impact. The best part about those examples is that they can stand agnostic of the clients technology. Which is one of the greatest hurdles when making a digital health startup. What are best use cases for AI in healthcare? **** Do you want to create better healthtech products? Learn from someone with almost 10 years of healthcare experience. Join 2700+ founders, investors, clinicians, and executives for free. Click here to subscribe to Digital Thoughts (https://lnkd.in/gBPQxERG) Or search "digital thoughts substack" in your favorite search engine #digitalheatlh #AI #startup
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The utilization of AI in postoperative remote patient care, along with outcome prediction capabilities like what MyHealthPal offers, is poised to be a game-changer. #MyHealthPal #AI #Innovation #PredictiveHealthcare
Generative AI, RPM Were Among the Biggest Trends In Health IT Fundraising During Q2 - MedCity News
https://medcitynews.com
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So excited about the incredible work the Abridge team is doing to unlock the potential of generative AI in healthcare! Zachary Lipton's technical expertise, Julia Chou Chapin's strategic vision, and Shivdev Rao's passion for making a difference set this company apart. The best is yet to come for Abridge and all of the doctors and patients they’ll help! Read more about Abridge and their series C here: https://lnkd.in/eiatN_DH #generativeai #healthcareai
Abridge Emerges as a Healthcare AI Leader, Raising $150M
abridge.com
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Another insightful report from Silicon Valley Bank on the state of the AI industry in Healthcare. This segment is accelerating very rapidly, and we highly recommend those interested request the report, or at least review the preview. Fantastic job Raysa Bousleiman and team!
The findings in our latest #SVBHealthcare report highlight artificial intelligence’s massive potential to provide better patient outcomes and lower costs. Investors have shared this optimism and VC deal activity to AI healthcare startups has surged over the past five years. Check out our new report for a look at the data along with expert insights from Jackie Spencer, Raysa Bousleiman, Pete Sletteland, Nuzi Barkatally and Timot Lamarre. 👉 https://lnkd.in/gQNy99ke #AI #healthcare #VC
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#PriorAuthorization really needs all the help it can get! There is so much opportunity for efficiency gain from the payor perspective, and seemingly endless experience improvement opportunities for patients and providers.