Latest / Becker’s Healthcare Digital Health + Health IT / Google doubles down on health AI, Memorial Hermann joins $53M funding round for health AI company + more
Transcript
- 0:00- Welcome to the Becker's Healthcare Podcast.
- 0:02We at Becker's are excited
- 0:04to welcome more than 2,500 healthcare executives
- 0:07to Chicago in April For our annual meeting.
- 0:10Over the four day event,
- 0:11you'll hear more than 450 elite hospital
- 0:14and health system executives.
- 0:15Share the big ideas and best strategies driving
- 0:18healthcare forward.
- 0:19Visit conferences dot becker's hospital review.com
- 0:22to register or email agenda team at becker's healthcare.com.
- 0:26Without further ado,
- 0:27here's your daily industry news briefing for today.
- 0:30March 20th. First Memorial Hermann Health System is backing
- 0:34a $53 million series A funding round for Hippocratic ai,
- 0:39a company developing a healthcare focused
- 0:41large language model.
- 0:43The funding round was co-led by Prima G Invest
- 0:46and General Catalyst.
- 0:48The new funding will be used to test
- 0:50and develop one of the company's newest products,
- 0:52a healthcare staffing marketplace.
- 0:55The market allows payers
- 0:56and health systems to hire, quote, generative AI agents,
- 0:59end quote, that can complete non-patient facing tasks.
- 1:03The aim of the market is to help alleviate some
- 1:05of the pressures healthcare organizations face
- 1:07around staffing shortages.
- 1:10Second, Google is updating
- 1:12and launching new healthcare AI models ranging from those
- 1:15that can examine medical images
- 1:17to a personal health coaching large language model.
- 1:21Google has launched Med LM for checks, chest x-Ray,
- 1:25a gen AI powered tool that can help classify chest x-rays.
- 1:30Additionally, the tech company is fine tuning its AI Model
- 1:32Gemini so that it can answer questions about chest x-ray
- 1:36images and genomic information,
- 1:39a news release from Google Reads.
- 1:41We're also seeing promising results from our fine tuned
- 1:44models on complex tasks such as report generation
- 1:47for 2D images like X-Ray, as well
- 1:49as 3D images like brain CT scans,
- 1:53representing a step change in our medical AI capabilities.
- 1:56While this work is still in the research phase,
- 1:59there's a potential for gen AI
- 2:00and radiology to bring assistive capabilities
- 2:03to health organization.
- 2:05End quote. Another AI tool the company is planning
- 2:08to roll out is a large language model that can serve
- 2:11as a personalized health coach.
- 2:13The large language model, according to Google, will be able
- 2:16to analyze data from a person's fitness
- 2:18and pixel devices to provide them with guidance on personal
- 2:22and fitness goals.
- 2:23Their news release reads quote, for example,
- 2:26this model may be able
- 2:27to analyze variations in your sleep patterns
- 2:30and sleep quality, and then suggest recommendations on
- 2:33how you might change the intensity
- 2:35of your workout based on those insights.
- 2:38End quote, Google is also trying
- 2:40to test its research AI system,
- 2:42articulate medical intelligence explorers, also known
- 2:45as IMIE.
- 2:47With a healthcare organization, the tool can help
- 2:50with diagnostic reasoning and conversations.
- 2:53The tech giant wants to see
- 2:55how this large language model can assist
- 2:57with clinical conversations between
- 2:58- Clinicians and patients.
- 3:01Third, banner health plans to expand a clinical AI program
- 3:05to 33 hospitals in 2024.
- 3:07After a successful pilot,
- 3:09the health system piloted the AI platform
- 3:11for from regard in 2022 at Banner Thunderbird Medical Center
- 3:16in Arizona, and will now roll it out across six states
- 3:19in phases this year.
- 3:21The EHR based software is designed to help
- 3:24with clinician burnout.
- 3:25It uses proprietary algorithms, algorithms
- 3:28and AI to unlock clinical insights and speed up workflows.
- 3:32The tool also aims to optimize reimbursement
- 3:35by enhancing documentation and streamlining denial appeals.
- 3:40Are you interested in engaging in dynamic conversations
- 3:43with hundreds of top health system executives
- 3:45and gaining valuable insight for your business?
- 3:47Joined at 300 plus sponsors
- 3:49and exhibitors at the Becker's 14th annual meeting April 8th
- 3:52through the 11th in Chicago.
- 3:54Email Jessica Cole at j cole at becker's healthcare.com
- 3:57to reserve your spot today.