Only half of hospital leaders are conversant in AI and robotic process automation (RPA) technologies aimed at achieving nonclinical efficiencies. However, 23% want to invest in the technologies today and some 50% say they’ll do so by 2021.
The first half of the year has been good to the healthcare space for those startup companies looking for funding, as the sector has seen a record influx of cash, according to a recent report from CB Insights.
An AI health services startup company based in the U.K has raised a whopping $550 million in a recent series C funding round. The company, Babylon Health, developed a chatbot used by the National Health Service in the U.K. and is now valued at more than $2 billion.
AI in healthcare has long been touted as an innovative technology that will accelerate care treatments and even replace some tasks performed by clinicians. But its impact might be inequitable in the future.
NIH funding opportunities remain numerous for innovators who apply evidence-based medical science to their proposals for smartphone apps, and the agency isn’t hesitant to get behind AI-based approaches.
Plastic surgeons can apply “emotional AI” algorithms to social media as a way of predicting which specific services will bring in business, according to a study running in the August edition of Plastic and Reconstructive Surgery.
Healthcare organizations and providers are facing more pressures than ever, from regulatory strains to financial squeezes. Blockchain is one area that can act as a major time and cost saver for healthcare organizations, according to a recent report from JPMorgan Chase.
Siemens Healthineers and the University of Missouri System have teamed up to launch a new initiative to transform healthcare delivery with precision medicine with its Alliance for Precision Health. The alliance will focus on cancer, Alzheimer’s disease, cardiovascular disease and more.
A former executive from payment platform PayPal has launched a new deep learning health intelligence platform, Global Care Analytics, to provide claims-and-cost clinical data and predictive analytics for healthcare companies.