Business Intelligence

Physicians considering new technology for their practices tend to ask one or more of four questions before moving ahead: Does it actually work? Will I get paid for it? What are the liability issues? And will it work in my practice environment?

AI is becoming more accessible to researchers of any age after The Penn Medicine Institute for Biomedical Informatics launched a free, open-source automated machine learning system for anyone to use, Penn AI.

A San Jose-based company focused on machine learning for care optimization, Health[at]Scale, has raised $16 million in a Series A funding round, with Optum as its sole investor.

A Los Angeles-based startup, GumGum, has raised $11 million in financing and spun out a new healthcare startup focused on the dental industry, according to TechCrunch.

AI has the potential to disrupt the healthcare industry and improve healthcare outcomes of patients through faster diagnosis and more accurate, targeted treatment. But how AI algorithms are trained needs some improvement, according to Naga Rayapati, founder and CEO/CTO at online marketplace GoGetter, which penned an article for Forbes.

It is well known that AI has the potential to upend several areas of medicine, including targeted treatment and diagnostics. However, a lack of knowledge about AI in the healthcare space could have a negative effect, through the spread of misinformation––and fake news.

Accenture, a global professional services company, has teamed up with Stockholm Exergi, one of Sweden’s largest energy suppliers, to put AI to the test in a new project aimed at addressing loneliness among seniors.

A pilot that aims to study the use of blockchain-enabled data technology to track and verify specialty prescription drugs has been approved by the FDA.

Ablacon, a Colorado-based company leveraging AI to develop an advanced mapping system to aid in the treatment of atrial fibrillation, has raised $21.5 million in a Series A funding round, the company announced.

The future direction of AI research and development will fall into the hands of just nine global companies—three from China and six from the U.S.—Forbes reported April 10.

Boston-based medical network Partners HealthCare will be rolling out new software and support services over the next 12 months with the goal of involving more physicians and health experts in AI research.

More than 30 major companies and organizations including Google, FitBit and the Federation of State Medical Boards announced April 4 they’re joining the Consumer Technology Association’s (CTA) new initiative on AI in healthcare.