AI in Healthcare News and Updates

Our monthly report on AI, ML, DL, and NLP in healthcare looks at who, what, where, and how the use of artificial intelligence is changing healthcare for the better. We will bring you some of the latest news and product information along with thought leader posts and our AI playlist of episodes from Healthcare NOW Radio.

In the News

Cardio Diagnostics Holding, Inc’s Actionable Clinical IntelligenceTM (ACI) Platform Offers New Epigenetic and Genetic Insights to Inform Coronary Heart Disease Management
Cardio Diagnostics Holdings, Inc., an artificial intelligence-powered precision cardiovascular medicine company, announced the introduction of the Actionable Clinical IntelligenceTM (ACI) platform to expand the information available to clinicians prescribing the Epi+Gen CHD and PrecisionCHD laboratory developed tests (LDTs). ACI offers new data-driven insights into the epigenetic and genetic molecular underpinnings of coronary heart disease (CHD).

Lavita AI Raises $5M Seed Financing to Launch the First Patient-Driven Health Information Marketplace to Accelerate Life Sciences Innovation
Lavita AI (@LavitaAI), a next generation AI+Web3 healthcare platform, announced it has closed a $5M seed financing round, led by Camford Capital, and angel investors from blockchain and AI industries. The funds will be used to accelerate the development of Lavita’s AI-first platform and applications for patients, healthcare providers, and research institutions.

Informatica Announces New Capabilities for its Intelligent Data Management Cloud to Power the Modern Data Architecture
Informatica (@Informatica), an enterprise cloud data management leader, announced significant innovations to its industry-leading AI Powered Intelligent Data Management Cloud (IDMC) at Informatica World 2023, its annual customer conference currently underway in Las Vegas. The enhancements across data engineering, MDM applications, and data governance will help enterprises further reduce costs, maximize resources, improve productivity, and accelerate time to value.

West-Com Nurse Call Systems, Vitalchat Partner to Bring AI-Enabled Virtual Care Solutions to Healthcare Facilities Nationwide
Two driving forces in the development of telehealth technologies, West-Com Nurse Call Systems (@WestComNCS) and Vitalchat (@TweetVitalChat) have partnered to provide hospital systems and other healthcare facilities nationwide with virtual care solutions using artificial intelligence to meet the needs and demands of patients, caregivers, providers and IT leaders.

Medical Billing Automation Takes Giant Leap Forward With GPT-Enabled Virtual Agents From Outbound AI
Seeking medical care is inarguably a costly proposition. What many people don’t realize is how much time and effort it takes providers to get paid for their services. The process is complex, labor-intensive and fraught with inefficiencies, which is why Outbound AI (@OutboundAI) is using the superpowers of generative artificial intelligence, including GPT, to remove the burdens of administrative work across the healthcare revenue cycle. Announces Central Role in Ground-Breaking Software Platform for Genomics and Precision Health, a SaaS company helping organizations solve the world’s most important problems without risking the world’s most sensitive data, announced its central role in the Canadian Platform for Genomics and Precision Health (CP4GPH), funded in part by Digital. Together with partner DNAstack, the platform will help deliver better outcomes for Canadians by making it easier to derive AI-powered discoveries across networks of data in neuroscience, oncology, rare disease, infectious disease, health care, agriculture, and beyond.


Castle Biosciences’ TissueCypher® Barrett’s Esophagus Test Receives 2023 MedTech Breakthrough Award for Artificial Intelligence Innovation
Castle Biosciences, Inc. (@CastleBio), a company improving health through innovative tests that guide patient care, announced that it has been selected as the winner of the “Best Use of Artificial Intelligence in Healthcare” award in the seventh annual MedTech Breakthrough Awards program for its innovative TissueCypher® Barrett’s Esophagus test. TissueCypher is Castle’s risk-stratification test designed to predict future development of esophageal cancer in patients with Barrett’s esophagus (BE).

BeCare Link Health Monitoring Platform Leverages Artificial Intelligence to Empower Neurologic Patients and Improve Health Outcomes
BeCare Link (@BeCareLink), an AI-driven platform for quantitative assessment of neurologic function, announces the launch of its first subspecialty product, BeCare MS Link – a mobile application that provides the most comprehensive, remote, and objective neurologic assessment available for MS patients. The app was created to address the dire nationwide shortage of neurologists and the complexity of performing and interpreting neurologic exams. The challenges facing neurologic patients and their providers result in delayed diagnosis and detection of disease progression, which can irrevocably alter the course of an individual’s disease.

How Artificial Intelligence (AI) Can Revolutionize the Standard of Care in Burn Wound Diagnostics
Spectral MD Holdings, Ltd. (@Spectral_MD), an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, continues to make progress in developing and commercializing its AI-enabled DeepView® burn imaging platform. The DeepView® AI-enabled platform addresses a current deficiency in wound healing assessment protocols, specifically, a lack of diagnostic tools and a reliance on the provider’s experience. Instead of looking at a burn wound from the outside in, DeepView® allows clinicians to view it from the inside out. By allowing healthcare providers to see what can’t be seen by the naked eye, the DeepView® platform provides a quick and accurate assessment of the severity of a wound and informs next step treatment.

Iterative Health Announces Upcoming U.S. Availability of SKOUT®: Real-Time AI for Polyp Detection
Iterative Health (@Iterative_Hlth), a pioneer in precision-medicine technologies for gastroenterology, and Provation, the premier software and SaaS provider of clinical productivity and workflow automation solutions and a wholly-owned operating company of Fortive Corporation (NYSE: FTV), announced the upcoming commercial availability of SKOUT, real-time artificial intelligence for polyp detection, in the second quarter of 2023. SKOUT is indicated as a computer-aided detection tool to assist qualified and trained endoscopists in identifying potential colorectal polyps during colonoscopy examinations in adult patients undergoing colorectal cancer screening or surveillance.

Weave Launches AI-Driven Review Response Tool for Healthcare Providers
Weave (@getweave), the all-in-one customer communication and engagement platform for small- and medium-sized businesses, announced the launch of Response Assistant, its first AI-driven feature. Now available to Weave’s 27,000+ customers, Response Assistant enhances the Weave product to further save customers’ time by using AI to draft responses and other content. The first use case allows users to use AI to draft a response to a patient review with one click. The user can then edit the reply before submitting, saving time as they manage their online reputation and practice reviews.

SmartRenewal by DrFirst Wins Gold Edison Award for Efficiency Through AI
DrFirst’s (@DrFirst) SmartRenewal won Gold in the prestigious Edison Awards, recognizing the medication management solution’s use of artificial intelligence (AI) to make prescription renewals more efficient for healthcare providers and safer for patients. This is the second consecutive year that the Edison Awards has acknowledged DrFirst’s game-changing use of AI to streamline time-consuming healthcare workflows and prevent medication errors.

To Read

ChatGPT and the LLM revolution: A private markets perspective
From Accelex (@AccelexT) – Open AI’s release of ChatGPT in 2022 sent shockwaves around the world. This chatbot revealed to the general public just how powerful large language models (LLMs) have become. Able to perform to a wide range of complex tasks at or beyond human level, the potential for ChatGPT or similar tools to disrupt was clear. An upgrade to ChatGPT’s underlying model in 2023 significantly improved its performance, with Open AI showcasing examples of ChatGPT writing and debugging code, understanding complex tax law and interpreting images.

Learning Data Science and Machine Learning with Orange – By William Hersh MD, The Informatics Professor (@williamhersh) – I have written over the years that understanding data science (DS), machine learning (ML), artificial intelligence (AI), and related topics is essential for anyone who works in a profession where tools using them might be employed. This is certainly the case in biomedicine, both in clinical practice and research. In the same sense that all physicians should have basic knowledge of pharmacology, radiology, and other topics, even if they are not experts in the science and methods of those diverse disciplines, all in healthcare should be ready for ML and AI tools coming to their work.

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