Business Intelligence

As healthcare continues to shift toward automation and AI, a new report from the Brookings Metropolitan Policy Program suggests a need for changes in both education and workplace culture for individuals to cope with the transition. 

The United Nations (UN) is predicting several industries will see a wave of AI-based products and apps in the near future, after its latest report revealed more than 340,000 AI-related patent applications have been filed since the technology emerged in the 1950s.

M*Modal announced its conversational AI platform earned distinction for “delivering the broadest clinical, financial and operational impact on healthcare organizations” as part of the Best in KLAS: Software and Services report.

Nuance Communications and Meditech have announced a partnership to provide AI-powered virtual assistants to ease clinician workflows.

As AI systems leave laboratories and are implemented in real world settings, bias will continue to be “an increasingly widespread problem.” So how can it be solved? 

More than 40 percent of hospitals and other healthcare providers believe 3M’s $1 billion acquisition of M*Modal will have an overall positive impact in the market, according to a survey by Reaction Data.

Clearwater Compliance and Digital Reasoning have announced a three-year “Cyber Risk Services” partnership enabling providers to understand the results of AI-powered solutions, using a cybersecurity and HIPAA compliance program.

IBM, Aetna, Anthem, Health Care Service Corporation and PNC Bank are working together to design and create a blockchain network to improve transparency and interoperability in the healthcare industry, the companies announced.

Tencent, a Chinese multinational investment holding conglomerate, and Merck KGaA, a German-based pharmaceutical, life sciences and technology company, are collaborating to increase disease awareness and provide more accessible healthcare services via digital platforms in China by leveraging AI and big data.

The majority of technology vendors––75 percent––believe advanced analytics and AI will be among the top areas of focus for healthcare companies in 2019, according to a survey by Damo Consulting.

The Alliance for Artificial Intelligence in Healthcare (AAIH) has officially launched after the board of directors held the organization’s inaugural meeting Jan. 9 in San Francisco.

It was a record-breaking year for global venture capital (VC) funding in digital health, with more than $9.5 billion raised in 698 deals for 2018, according to a report by Mercom Capital Group. The previous record was set last year, with $7.2 billion raised in 778 deals.