OptMyCare’s Post

Any risk-bearing entity in healthcare should want to identify members/patients who have rising risk, why our A/I engine predicts this risk and what to do to mitigate the escalation of risk. Contact Optmycare and let us help you figure out how to mitigate chronic disease progression across multiple diseases. #innovation #aihealthcare #populationhealth #riskprogression

Ferrum Health, Inc. secures $16 million in Series A funding to enhance AI deployment in healthcare, improving patient outcomes and operational efficiency. Read the Latest full News - https://lnkd.in/dGDT9gKd #Techedge #TechedgeAI #FerrumHealth #HealthcareAI #Funding #PatientOutcomes #Innovation

📣 Venture to Venture Acquisition in Digital Health Continue- Fabric Acquires AI Care Assistant GYANT Fabric, a company that optimizes the healthcare experience, acquired GYANT, a company that specializes in conversational Ai care assistants and patient engagement. Fabric's care enablement system helps by enabling healthcare to move faster, work smarter and deliver great care. They leverage conversational AI unifying virtual and in-person care across intake, triage, routing, and treatment. Along with automating workflows for staff. The company's clinical intelligence engine helps uphold excellence in care quality while offering access for patients. GYANT, a company that has built the leading virtual front door to help health systems improve care utilization, improve patient experience and reduce cost through automation. GYANT's AI technology and engagement solutions frees up clinicians time and aids in patient satisfaction with faster patient intake, reduced documentation burden and shorter virtual visit wait times. Combining the companies' offerings provides a seamless and personalized patient experience, including convenient self scheduling, real-time visit progress updates and access to FAQs. #digitalhealth #digitalhealthinnovation #healthcareai #healthcare #healthcareinnovation #healthsystems

🚀 Big News from Cerack Healthtech! 🌟 We are excited to announce that we have planned to start the registration process for our groundbreaking AI-driven health tech platform. This marks a significant step forward in our mission to revolutionize healthcare with enhanced accessibility and personalization. Stay tuned for more updates and get ready to join us on this transformative journey! 💡🔬 #CerackHealthtech #HealthTech #AI #Innovation #HealthcareTransformation #Registration

This Wednesday, Sunil Wadhwani, Chairman of W Health Ventures and 2070 Health, spoke to CNBC-TV18 on accelerating #AI in healthcare. Key insights: 🧠 The technology leap in AI has been massive in the last few years, surpassing human capabilities in many areas. Today’s rapidly evolving LLMs have not only brought down the time, capital, and resources required compared to traditional ML models but are also exponentially more intelligent. Leading models have a 90% medical conditions coverage and 90% accuracy. 📉 LLMs are well on their way to becoming an infrastructure commodity product, given the high funding and competition. Cost of using LLMs has significantly fallen (as seen in GPT 3.5) and is expected to fall to 10% of the current cost in the next 3-4 quarters. 💸 $ 15+ B has been invested in AI solutions in healthcare in the last few years. The lion’s share has gone to life sciences and clinician-facing tools ($6+B each), followed by admin-facing solutions, analytics and IT tools, and finally, patient-facing or care delivery products. Going forward, AI-enabled care delivery services will receive increased funding as the use of AI improves margins. Watch a snippet of the interview here: https://lnkd.in/gpW8MzCD #aiinhealthcare #llm #healthcare #healthcareinvestment

What if I told you that a revolutionary technology is reshaping hospital quality reporting as we know it? In a world where every second counts in patient care, how can we ensure that our healthcare systems are operating at peak efficiency? Pharos has just raised $5M in seed funding to tackle this challenge head-on. By leveraging AI, they aim to transform clinical quality reporting, allowing hospitals to focus on what truly matters: patient care and safety. In this post, I’ll share how Pharos plans to make waves in the healthcare sector and what this means for the future of patient safety. - Founded by a team of clinicians and AI researchers in 2024, Pharos is dedicated to automating clinical quality reporting. - Their platform enables hospitals to submit data to state and national registries without the cumbersome manual processes. - By extracting custom process metrics automatically, they empower quality teams to identify and address process failures swiftly, aiming to reduce sepsis mortality, hospital-acquired infections, and pressure ulcers. The future of healthcare is here, and it's powered by technology. What are your thoughts on the impact of AI in healthcare? Drop your insights below! #AI #HealthcareInnovation #PatientSafety #StartupFunding #EntrepreneurTips 👉 https://lnkd.in/d3CG6QKK

Did you miss ViVE 2024's insightful panel on "DOLLARS AND SENSE OF DIGITAL HEALTH INVESTMENTS"? Deepthi Bathina, CEO of RhythmX AI led a discussion exploring how strategic investments are leveraging AI to reshape healthcare. The panel delved into the impact of investor decisions on areas like workflow optimization, on-demand care, and data infrastructure. With venture funding tightening, the conversation shifted to how strategic investors are adapting their tactics and collaborating with the broader investment landscape. Learn how economic uncertainty is shaping investment strategies in 2024 and how these decisions are transforming care delivery, patient outcomes, and the future of healthcare! #ViVE2024 #DigitalHealth #InvestmentStrategies #PatientOutcomes #AI

In this episode of Diagnosing Healthtech, Jeff Englander sits down with Trip Hofer, CEO of Redox and Venture Partner at .406 Ventures, to talk about the importance of data interoperability and why it’s so crucial to the future of healthcare.  Our topics include: - The importance of data exchange in containing costs, improving patient care, and enabling value-based care  - Specific healthcare data challenges, including prior authorization and the integration of AI and machine learning applications into healthcare workflows   - Why having high-quality healthcare data is a prerequisite for AI applications and predictive analytics - The growing concern around data security in healthcare and its potential impact on innovation Click to watch now: https://lnkd.in/ebxekZWY

Introducing AI Sharks at AIMed24! This is your chance to pitch your AI-driven healthcare solution to a room full of top investors, healthcare leaders, and industry disruptors. If you're using AI to revolutionize patient care or improve clinical outcomes, we want to hear from you. Ready to scale and need investment? Cost applies. Learn more and apply now to pitch! https://lnkd.in/gECZSxSQ

In healthcare, innovation for the sake of innovation is not enough. Organizations must use the best new technologies created with healthcare as its sole focus. With the launch of Huey, @NRC Health's revolutionary AI engine, we’re taking a major step forward for healthcare organizations of all shapes and sizes. I'm honored to be part of a team that is constantly pushing the boundaries of what's possible in healthcare. Together, we're creating a future where technology and empathy work hand-in-hand to deliver the best possible care. #HumanUnderstanding #AIinHealthcare #HealthcareInnovation