Things & Thinks-Issue LI
Santosh Shevade
LinkedIn Top AI Voice | Healthcare Innovation | ISB | Digital Health | Biopharma |
??Research Digest
Using AI for coverage decisions in US Healthcare
Health insurance companies cannot use algorithms or artificial intelligence to determine care or deny coverage to members on Medicare Advantage plans, the Centers for Medicare & Medicaid Services (CMS) clarified in a memo sent to all Medicare Advantage insurers . Here's a summary-
Challenges and future directions in federated learning for healthcare using micro-computing
This recent paper in Lancet Digital Health highlights a study by Soltan and colleagues that used federated learning, a technique that allows multiple sites to collaboratively train a model without sharing patient data, to improve COVID-19 prediction using routine blood tests and vital signs.
It highlights the difficulties of developing and deploying artificial intelligence (AI) models for health care, such as data availability, diversity, privacy, security, and computing power. Key learnings from my perspective-
??Digital Healthcare News
#GenAI and #BigTech in #Healthcare
China Medical University Hospital will collaborate with Google Cloud's to use its MedLM, a healthcare-specific gen AI based on the large language model, Med-PaLM 2.
During the Microsoft AI Tour event in Bengaluru, a select developer showcase was hosted by the company to give an overview of how developers in India are discovering opportunities in AI to solve real-world challenges.
Amazon will cut jobs across its healthcare units including One Medical and Amazon Pharmacy.
Cera, Europe’s largest provider of digital-first home healthcare, announced a new partnership with Google Cloud , that will ensure rapid insight discovery.
Community Health Systems , a 71-hospital health system, migrated its data systems onto a single Google Cloud data platform that will use the Fast Healthcare Interoperability Resources (FHIR) standards.
Pingoo.AI announced it has joined NVIDIA Inception, a program that nurtures startups revolutionizing industries with technological advancements.
Regulatory Brief
The U.S. Food and Drug Administration warned consumers against using smartwatches or smart rings that claim to measure blood glucose levels without piercing the skin, regardless of manufacturer or brand.
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Pharma/Device Brief
Biofourmis confirmed four new agreements with Top-20 Pharma for Digital Clinical Trials and Digital Biomarkers focusing on oncology therapies.
Aptar will collaborate with Biogen to develop digital health solutions aimed at enhancing care for patients with neurological and rare diseases.
Funding, Deals, Mergers & acquisitions
Ambience Healthcare , a provider of software tools for hospitals and other healthcare organizations, raised $70M, backed by OpenAI.
Digital chronic condition management company DarioHealth is buying Twill to build out its mental health capabilities and boost revenue, $10M in cash plus stock valued at over $20M
Ezra , a company developing AI powered Full Body MRIs AI to make early detection for cancer and several other diseases, raised $21M.
Consumer Digital Health & Other News
Patients across the US have been unable to get their prescriptions filled as health tech company Change Healthcare responds to a cyberattack.
??Longread of the Month
This is a mix of Long-Listen/Longread- an excellent podcast by the Acquired team on Novo Nordisk Pharmatech A/S and #Ozempic
??Tweet of the Month
Not really a digital health tweet, but does work for us too!
??Chart of the Month
Liked this graph showing the differences between how US payers and providers differ in their approach to innovation
Treat indeed. Inspiring Santosh Shevade
"Health insurance companies cannot use algorithms or artificial intelligence to determine care or deny coverage to members on Medicare Advantage plans" Thats a clear guideline , I like it