Business Intelligence

Tempus, a Chicago-based precision medicine company that uses machine learning, genomic sequencing and other AI innovations, has raised $200 million in a series F funding round, the company announced.

With AI being a buzzword in healthcare, board members of organizations need to know how best to consider the technology.

An AI analysis of hospital patients’ satisfaction with the care they received from their nurses has shown two things. One, the technology can guide nurses as they strive to optimize the hospital experience for patients and their families. Two, nurses can help advance AI in healthcare.

Comcast is venturing into the health business with a new technology that aims to monitor people’s health at home, CNBC reported. The device has been likened to Amazon’s AI-powered voice technology Alexa.

An AI-enabled health insights company, Cardinal Analytx Solutions, has raised $22 million in a series B funding round.

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.