What You Should Know: Cedar, an enterprise financial engagement platform that improves the end-to-end journey for consumers announced a strategic collaboration with Google Cloud. As part of the collaboration, Cedar will be using Google Cloud’s generative AI tools, including Vertex AI, Generative AI App Builder and others to build solutions that will assist patients in understanding and resolving their healthcare bills. Generative AI Tools to Improve Patient Financial
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Generative AI
Duke Health, Microsoft Form 5-Year Generative AI Partnership, Creates AI Innovation Lab
What You Should Know: Duke Health forms a strategic five-year, innovative partnership with Microsoft aimed at responsibly and ethically harnessing the potential of generative artificial intelligence (AI) and cloud technology to transform the healthcare landscape. The strategic partnership will usher in a new era of innovation, including the creation of a Duke Health AI Innovation Lab and Center of Excellence.As part of the strategic partnership, Microsoft will equip Duke with state-of-the-art
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AWS Launches Generative AI Solution That Auto Generates Clinical Notes
What You Should Know: Amazon Web Services, Inc. (AWS) launches AWS HealthScribe, a new HIPAA-eligible service that empowers healthcare software providers to build clinical applications that use speech recognition and generative AI to save clinicians time by generating clinical documentation. With AWS HealthScribe, healthcare software providers can use a single API to automatically create robust transcripts, extract key details (e.g., medical terms and medications), and create
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How Generative AI Can Transform Healthcare Contact Centers
Generative artificial intelligence (AI) arguably is the hottest topic today in the world of business and technology. With the ability to create content such as text, images, audio, and video, generative AI algorithms are being tested for use cases in marketing, finance, education, and healthcare. ChatGPT and other generative AI platforms have tremendous potential to transform healthcare and other industries. But the current inherent limitations of generative AI introduce compliance and
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Generative AI Can Transform Public Health, but Guardrails by Design Needed
What You Should Know: - The next generation of ethical generative artificial intelligence (GenAI) provides new hope to transform public health; however, advances in technology must never come at the cost of patient rights, according to a recent webinar. - The insights were the consensus amongst top African and American health AI experts who participated in a recent webinar about the impact of GenAI on healthcare hosted by Vantage Health Technology, a social enterprise focussed on
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Causaly Secures $60M to Accelerate AI-Powered Biomedical Research
What You Should Know: Causaly, the leading AI platform for biomedical research raises $60M in Series B funding led by ICONIQ Growth, with participation from Index Ventures, Marathon Venture Capital, EBRD, Pentech Ventures and Visionaries Club. Strategic individuals also participated in the round, including Alex Gorsky (former Chairman and CEO of Johnson & Johnson) and Olivier Pomel (CEO and Co-Founder of Datadog). The investment brings the total funding raised to $93 million,
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AWS Launches $100M Generative AI Center to Accelerate Healthcare, Life Sciences
What You Should Know: Amazon Web Services, Inc. (AWS) announced an investment of $100M to launch the AWS Generative AI Innovation Center, with healthcare and life sciences as a prioritized industry (alongside Financial Services, Energy & Utilities, Telco, and others). The AWS Generative AI Innovation Center will connect AWS AI and machine learning (ML) experts with customers around the globe to help them envision, design, and launch new generative AI products, services, and
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RCM: Why Generative AI is Needed for Prior Authorization Reform
The headline-grabbing emergence of generative AI platforms, such as ChatGPT, BARD and BingGPT, has forced leaders across all verticals to ask, “What can we optimize with AI?” The AI chatbots remain in early stages of their development, but they have shown enough promise to suggest their full arrival is imminent. Every industry is currently weighing the best way to deploy AI, and that includes healthcare, where efficiency and improved workflows can make a tangible impact on the care that patients
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Google Cloud, Mayo Clinic Partners on Generative AI Focused on Enterprise Search
What You Should Know: Today, Google Cloud announced a collaboration with Mayo Clinic to transform healthcare with generative AI, starting with enterprise search. Enterprise Search on Generative AI App Builder (Gen App Builder) is designed to improve the efficiency of clinical workflows, make it easier for clinicians and researchers to find the information they need, and ultimately to help improve patient outcomes. In addition, Google Cloud announced today that its Enterprise Search
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