Business Intelligence

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.

Healthcare spending on wearables is expected to reach $60 billion by 2023 as the technology becomes more popular within the medical industry, according to a recent report by Juniper Research.

Change Healthcare and Health Fidelity are partnering to offer a risk adjustment coding solution that uses natural language processing (NLP) and machine learning to increase claim accuracy and address compliance issues, the companies announced Monday, Jan. 14.

Ping An Insurance Company of China’s corporate venture fund is investing in AI medical solution company Airdoc, the company announced on Saturday, Jan. 12.

Two-thirds of public citizens in the Middle East are ready to embrace AI in healthcare, while only 10 percent of businesses in the region are ready or have begun adopting the technology, according to a new report by PwC Middle East.

More than 75 percent of healthcare executive leaders said their organization is increasing the pace of investment in big data and AI, with a majority citing fear of disruption by competitors, according to a survey by NewVantage Partners.