Primary care is grappling with a staffing crunch, and many providers are exploring automation to lighten the load. But one startup, Altitude, is taking a unique approach: they’re harnessing the power of artificial intelligence to enhance the capabilities of nurse practitioners, a growing workforce that’s increasingly at the forefront of patient care. On Tuesday, Altitude announced a $5.4 million funding round, led by Lerer Hippeau, to fuel its innovative tech and expand beyond its initial six practice partners. In the long run, Altitude aims to create a comprehensive AI platform to bolster clinician and practice performance. Stay tuned to STAT+ for the full scoop!
From Tacos to Tech: The Struggles of AI Integration in Safety-Net Clinics”
Welcome to STAT’s AI Prognosis newsletter, your weekly guide to AI in healthcare and medicine. Today, we’re diving into the challenges faced by safety-net clinics as they try to implement AI, but first, let’s talk breakfast on the go!
I’ve got the perfect hack for early-morning travel: Taco Bell burritos fit snugly into a travel coffee thermos. Heat it up at home, and by the time you reach your gate, you’ve got a piping hot, budget-friendly meal ready to go. I road-tested this hack on my way to last year’s STAT Summit, and I’m sticking to it.
Speaking of the STAT Summit, this year’s event, where we’ll be discussing the future of medicine, kicks off today and tomorrow at 8:40 AM Eastern. As a subscriber, you’ve got free virtual tickets waiting for you, so grab them and join us on the livestream!
Now, let’s get back to AI in healthcare. We’ve all heard the hype, but integrating AI into safety-net clinics isn’t as easy as ordering a taco. STAT+ spoke to three clinics about their challenges:
1. Data Privacy and Security: Safety-net clinics often lack the resources to ensure patient data is secure. AI systems require vast amounts of data, but clinics worry about breaches and patient trust.
2. Staff Training: AI isn’t just about plugging in a new tool; it requires staff training. Clinics struggle to find the time and resources to educate their teams on how to use and interpret AI outputs.
3. Cost and Infrastructure: AI systems can be expensive to implement and maintain. Many safety-net clinics operate on tight budgets and lack the necessary infrastructure to support these technologies.
Despite these challenges, clinics remain optimistic about AI’s potential to improve patient care. They’re working on finding solutions, like partnering with tech companies and leveraging government funding.
So, there you have it. AI might be a game-changer, but it’s not a magic solution. It’s going to take time, resources, and a lot of taco-fueled brainstorming sessions to make it work in safety-net clinics. Stay tuned for more updates!
To read the full story, continue to STAT+.
🚨 Health Tech’s Billion-Dollar Bonanza: Oura’s Mega Raise & More from HLTH! 🚨
📝 Hello, Health Tech Enthusiasts! Welcome to STAT’s newsletter, your weekly dose of how tech is revolutionizing life sciences. 💉💻 Sign up to get it straight to your inbox every Tuesday and Thursday!
🌟 Five Game-Changing Announcements from HLTH
As the HLTH conference in Las Vegas looms, our inboxes are buzzing with exciting news. Let’s dive in and make sense of it all!
💰 Mega Raises: Oura & Town Hall Ventures
– 💍 Oura just announced a whopping $900 million fundraise, valuing the smart ring maker at around $11 billion! Is this a HLTH announcement or just perfect timing? Either way, it’s interesting to see Oura cozying up to the health care crowd. CEO Tom Hale dodged questions about going public, but he’s sure excited about selling another 5 million rings in the next year. 💥
– 💰 Town Hall Ventures, led by former CMS Administrator Andy Slavitt, is rolling in dough too! They’ve raised $440 million for their new fund and have invested in some big names like Ambience Healthcare and Strive Health.
💰 Other Raises: Telehealth, Remote Care, & Radiology
– 📞 MD Integrations, a telehealth provider network, scored $77 million from Updata Partners and Denali Growth Partners.
– 🏥 Brook.ai, creators of tech for remote patient care, raised $28 million in their Series B round.
– 📸 Medmo and OneImaging, both in the radiology game, raised $15 million and $38 million respectively.
🤝 M&A Trends Continue
Remember our story last week about the digital health M&A boom? Well, we’ve got more examples of big private equity companies snapping up health care infrastructure and smaller acquisitions of companies that might not make it alone.
🔥 Stay Tuned for More!
That’s all for now, folks! Keep your eyes peeled for more updates from the HLTH conference. Until next time, stay healthy and stay tech-savvy! 😎💻
Verily’s New App: Free Health Tips from Docs, But What’s the Catch?”
Verily, Alphabet’s 10-year-old health tech subsidiary, is cooking up a new recipe to attract users and their health data. Meet Verily Me, an upcoming app that promises free health guidance from Verily’s clinician partners, tailored to users based on their existing medical records. But why the sudden generosity? Here’s the catch: Verily hopes to use this app as a gateway to build a real-world data registry called Lifelong, which they’ll sell to pharma companies and researchers.
Think of it like this: Verily wants to turn your health data into crude oil for the health care industry, powered by AI. But with big tech’s reputation on the line, Verily is treading carefully. Myoung Cha, Verily’s chief product officer, assures us, “We’re not just a tech company, we’re a health care entity. Your data is safe with us.”
So, is Verily Me a free health resource or a data goldmine? Only time will tell. Stay tuned for more updates!
AI Whiz Kid from Duke Launches Game-Changer for Hospitals!”
Ever felt frustrated when a great idea just doesn’t take off? That’s exactly what happened to Mark Sendak, a data scientist at Duke University. He and his team created AI tools to revolutionize healthcare, but their innovations stayed trapped within Duke’s walls. Patients and doctors elsewhere missed out on these life-saving breakthroughs. So, Mark decided to take matters into his own hands and launched a startup to bring AI to hospitals nationwide. Stay tuned to STAT+ to find out how he’s making waves in the healthcare tech scene!
“AMA Dives into AI Regulation Frenzy, Launches New Digital Health Center!
The American Medical Association (AMA) has thrown its hat into the ring of the heated debate surrounding AI regulation in healthcare. On Monday, they unveiled their new Center for Digital Health and AI, aiming to shape how cutting-edge tech is used and governed in the medical field.
This is one of the first big moves from CEO John Whyte, who took over the reins of the physician advocacy group earlier this year, following a seven-year stint as the chief medical officer of WebMD. Whyte told STAT that he’s planning to invest millions into this new center and is currently on the hunt for a senior vice president to lead the charge.
At the heart of the AMA’s stance on AI is the belief that, rather than replacing doctors, these tools should be used to “augment” their work. They’re not alone in this perspective, but with this new center, they’re making sure their voice is heard loud and clear in the ongoing conversation.
Stay tuned to STAT+ for the full scoop!
AI Health Tech Giants Abridge & OpenEvidence: Clash of the Titans?”
“Grab your popcorn, folks! The tech world’s hottest rivalry is heating up, and this time, it’s in the health sector. You’re reading STAT’s Health Tech newsletter, your weekly dose of how tech is revolutionizing life sciences. Sign up to get it straight to your inbox every Tuesday and Thursday.
In one corner, we have Abridge, the AI whiz kid known for its AI scribe that’s making doctors’ lives easier by automating clinical note-taking. In the other, OpenEvidence, the up-and-comer making waves with its AI-driven clinical decision support tools.
Monday morning brought a new twist in this tech tango. Abridge announced a shiny new product that serves up real-time insights, prompts, and pathways from the medical bible UpToDate, all based on what’s said in a clinical conversation and recorded in the patient’s file.
So, what’s the beef? Well, both startups are vying for the same thing – doctors’ attention. And with AI being the name of the game, it’s only a matter of time before we see more sparks fly in this high-stakes battle.
Stay tuned for more updates on this tech showdown. Until then, keep your eyes peeled for more AI-powered health tech innovations shaking up the medical world. And remember, you heard it here first!”
Revolution in Cancer Care: European Oncologists Embrace AI Chatbots, But Caution Ahead!”
BERLIN — The European Society for Medical Oncology (ESMO) has just dropped its first-ever guidelines on how oncologists should use large language models (LLMs), a cutting-edge AI tech, in cancer treatment. The guidance, published in the Annals of Oncology, comes as the ESMO annual meeting kicks off in Berlin.
ESMO experts are clear: AI’s potential to transform cancer care is immense, but they’re also sounding the alarm on the lack of thorough evaluations and safety tools for these chatbots. While the American Society of Clinical Oncology (ASCO) has its own AI principles, ESMO’s new guidance is the first to focus specifically on LLMs.
So, what’s the buzz about LLMs? These AI models can generate human-like text, offering exciting possibilities in cancer care, like improving patient-doctor communication or aiding in medical research. But, as with any new tech, there are risks. ESMO’s guidance is a wake-up call for oncologists to tread carefully and ensure patient safety.
Want to dive deeper into this AI revolution in cancer care? Keep reading on STAT+!
AI’s New Doctor: Anthropic’s Claude Checks into Life Sciences!”
“Hey there, AI Prognosis fans! I’m still buzzing from catching ‘Waiting for Godot’ on Broadway, and now I’m eager to share some exciting news from the world of AI in healthcare. If you’re in the D.C. area, don’t miss ‘Doctor Moloch’ – a play about an AI doctor learning empathy. I wish I could see it, so do me a favor and catch it for me, will ya? 😉
Now, let’s dive into what’s got me really excited this week. Anthropic, the company behind the popular AI model, Claude, has just launched a biology package specifically for life sciences! This new tool is now available to premium subscribers of the LLM company.
But wait, you might be wondering, ‘What does this mean for me?’ Well, imagine having an AI assistant that understands biology as well as it understands your coffee order. That’s what Anthropic is cooking up with Claude for Life Sciences.
So, what do you think? Intrigued? I sure am! If you’ve got any feedback, tips, or even a review of ‘Doctor Moloch’, drop me a line at aiprognosis@statnews.com, or hit me up on Signal at btrang.01 for those confidential tips.
Stay curious, and until next time!”
AI’s New Doctor: Anthropic’s Biology Chief Spills on ‘Claude for Life Sciences’!”
“Hey there, AI Prognosis fans! I’m still buzzing from catching ‘Waiting for Godot’ on Broadway – Keanu Reeves, am I right? 🤩 If you’re in the D.C. area, don’t miss ‘Doctor Moloch’ at Silver Spring Black Box Theatre – a play about an AI doc learning empathy. I wish I could be there!
Now, let’s dive into the world of AI in life sciences. Anthropic, the company behind the popular AI model Claude, has just rolled out ‘Claude for Life Sciences’! This biology-focused package is now available to premium subscribers. What’s in store? You’ll have to head over to STAT+ to find out the full scoop.
Got thoughts, tips, or reviews of ‘Doctor Moloch’? Drop us a line at aiprognosis@statnews.com, or hit me up on Signal (btrang.01) for confidential tips.
Stay curious, and until next time!”
