Digital health gets a new AI unicorn as health leaders bet on AI for clinical admin: Iodine Software just became the latest healthcare AI unicorn via a private equity investment—growth we expect to continue as provider orgs look to run a tighter ship with their finances.

Is AI-powered cancer diagnostics mainstreaming? A Memorial Sloan Kettering spinout got the FDA nod for its cancer-detecting AI tool, and NYU Langone’s study results boast the efficacy of a similar tool—more fuel for healthcare stakeholders investing in AI for cancer diagnostics.

Johns Hopkins’ diagnostic AI spinout comes out of stealth mode: The clinical decision support platform is going on the commercial market and hoping to win the trust of physicians—we unpack why it just might.

On today's episode, we discuss whether startups like Oscar Health can take on the major health insurers, how the consumerization of healthcare is changing expectations, and what digital tools are leading to healthcare's digitization. Tune in to the discussion with eMarketer principal analyst at Insider Intelligence Lisa Phillips.

Providers double down on AI for healthcare admin: An innovation institute run by six major health systems is teaming up with Olive to build AI-driven healthcare automation tools—here are the areas that they’ll prioritize to tighten up their finances.

Pharma companies are finding it difficult to hire data science talent—we think it’ll make AI drug discovery startups like Valo (who is going public via a $2.8B SPAC merger) attractive partners.

Amazon Halo launched a new feature that uses AI to track movement and build a personalized fitness plan—here’s how Big Tech can use wearables to capitalize on the growing remote patient monitoring market.

Nuance hooks deeper into the EHR space—but its AI voice tech alone won’t necessarily be enough to address the broad scope of clinicians’ administrative woes.

Olive and health system TriHealth are partnering to automate revenue cycle management—which can save hospitals a ton of money in denied claims, but AI RCM vendors are also focusing on digital billing to recoup hospital revenue.

Some hospitals are deploying AI solutions for tasks like patient intake to fill in healthcare worker gaps,which could temporarily provide some relief to short-staffed health systems.

The news: AI-powered healthcare startup Notable raised $100 million in Series B funding led by Airbnb and Zoom investor Iconiq Growth, boosting the company’s valuation to $600 million.

AI and Automation. AI technology is integral to the hospital of the future. Smart hospital solutions use AI to capture and process information, then build automation around the data. Due to the pandemic, healthcare executives in the US are more interested in AI and automation technology than ever:.

Moreover, Truveta has access to 15% of all health data in the US via its health system partnerships—combined with Microsoft’s cloud platform and AI-powered analytics, it could help providers make even faster and accurate clinical decisions.

AI and Machine Learning. Chatbots, voice assistants, and voice-enabled devices can provide digital biomarkers of a range of conditions. The Alexa-powered Amazon Echo smart speaker, for example, can be used to detect irregular heart rhythms and monitor infants’ breathing.

It will enable enhanced functionality, AI, and visual fidelity as well, because of the ability to move some of the processing into the cloud with edge computing. 5G technology will also open the door for personalized training and planning. It will introduce the ability to add patient-specific data to AR/VR training modules in a way that’s optimized for an immersive format.

For doctors, it’s Microsoft’s Nuance AI-based voice tech. Earlier this year, Microsoft bought AI voice recognition tech company Nuance in a massive $19.7 billion deal to boost its cloud strategy. Nuance is used by over 90% of providers in the US, and has been around long enough to capture ROI for doctors.

More international digital health startups might eye the US market to score funding dollars—we’re already starting to see this happen with some AI and RPM startups. For example, UK-based AI-driven digital health company Babylon Health expanded to the US market last year via a tie-up with NY-based health system, Mount Sinai.

And AI is being leveraged to wade through backlogs that have been mounting since the beginning of the pandemic: AI developers are creating tools that help radiologists go through and spot abnormalities in patient scans, for instance.

The platform, dubbed MSK-OS, uses AI to track patients’ poses and monitor if they’re performing physical therapy exercises correctly by calculating their pose measurements via a camera on the patient’s computer or cell phone. The platform can then deliver prescriptive care insights that providers can use to guide care.