3 Sources
3 Sources
[1]
Tech That Listens, Learns, and Diagnoses: AI's Breakout Moment in Healthcare - Avant Technologies (OTC:AVAI), Amazon.com (NASDAQ:AMZN)
USA News Group News Commentary Issued on behalf of Avant Technologies Inc. VANCOUVER, BC, May 6, 2025 /PRNewswire/ -- Healthcare is quickly evolving into a digital-first operation, where top executives in the sector are doubling down on artificial intelligence, automation and analytics to reduce costs and improve billing accuracy. This is according to results of a survey from Everest Group (and supported by Omega Healthcare), which showed 85% of senior healthcare executives believe AI will improve efficiencies over the next five years. Now that multitasking AI Agents are being referred to as hospitals' newest "employees", AI-powered electronic noses are detecting scents for health and environmental applications, and researchers are seeking to legitimize AI mental health care, it's clear that this is where the sector is going. Behind the scenes, tech and biotech experts are working diligently to develop new solutions, with recent developments from Avant Technologies, Inc. AVAI, Teladoc Health, Inc. TDOC, Healwell AI Inc. AIDX HWAIF, Clover Health Investments, Corp. CLOV, and Amazon.com, Inc. AMZN. According to research from PYMNTS Intelligence which polled C-suite executives at healthcare companies generating at least $1 billion in annual revenue, 90% already see positive ROI from investments in generative AI (GenAI). Analysts are projecting that by 2035 the gross value added by AI to the healthcare industry will be $461 billion on top of a baseline $2.26 trillion. Avant Technologies, Inc. AVAI, an emerging player in AI-driven healthcare, is accelerating its diagnostics push through a joint venture with Ainnova Tech under Ai-nova Acquisition Corp. (AAC), today announced they've secured a formal pre-submission meeting date with the U.S. FDA, set for July 7, 2025. This meeting will guide critical elements of the clinical trial process for VisionAI -- Ainnova's flagship early-detection platform -- and marks a major step toward U.S. market clearance under the 510(k) regulatory pathway. The meeting will also help finalize key trial parameters, including the number of sites and patients, and confirm whether the FDA will approve the clinical protocol as proposed. "We are forever grateful for the opportunity to meet with the U.S. FDA to discuss our planned clinical trial," said Vinicio Vargas, CEO at Ainnova and a member of the Board of Directors of Ai-nova Acquisition Corp. (AAC). "We will use this pre-submission meeting to determine a host of items, including the ideal number of clinical sites, the number of total patients needed, and to learn if the FDA will approve our protocol for the planned clinical trial. These are all crucial for both Avant and Ainnova in determining the exact costs and a timetable." This milestone builds on Avant's ongoing momentum. VisionAI combines retinal imaging, patient vitals, and advanced algorithms to detect early signs of diabetic retinopathy, cardiovascular disease, liver fibrosis, kidney disease, and type 2 diabetes -- often before symptoms are visible. Studies have shown AI tools can detect diabetic retinopathy and other chronic conditions with sensitivities exceeding 90%, frequently identifying disease earlier than standard clinical observation. "This milestone reflects our two-tiered strategy, rapid deployment in low-regulation markets where VisionAI operates as a screening tool, and simultaneous progress toward FDA clearance for the U.S. market," said Vinicio Vargas, CEO at Ainnova and a member of AAC's Board of Directors. "Entering the U.S. will unlock significant commercial potential, and early engagement with regulators ensures we do so with speed, credibility, and a validated product." VisionAI is already commercially active, with pilot programs launched across Latin America in countries including Chile, Mexico, the Dominican Republic, and Brazil. These early deployments are helping validate real-world performance while demonstrating cost savings and outcome improvements in frontline care environments. Avant's JV entity, Ai-nova Acquisition Corp. (AAC), has also expanded its AI diagnostics portfolio with four new licensed algorithms from one of Asia's largest healthcare networks. Validated across more than 2.3 million clinical cases, these models are now integrated into VisionAI, further strengthening its diagnostic range across multiple chronic diseases. Clinical planning is being supported by global CRO Fortrea, which is helping to guide the FDA strategy. With both emerging-market traction and U.S. regulatory progress advancing in parallel, Avant is uniquely positioned -- globally licensed, commercially active, and now in formal dialogue with U.S. regulators. For investors following small-cap names bridging AI, diagnostics, and chronic care, Avant Technologies continues to stand out. If the FDA process proceeds as planned, AVAI could be on the verge of unlocking one of the largest emerging healthcare markets in the world. CONTINUED... Read this and more news for Avant Technologies Inc. https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/ Teladoc Health, Inc. TDOC has introduced a next-generation Cardiometabolic Health Program aimed at preventing the progression of diabetes, hypertension, and obesity across its member base. The platform combines connected devices, at-home testing, and personalized coaching to generate dynamic health insights and drive behavioral change. While not explicitly labeled as AI, the system uses real-time patient inputs to deliver adaptive care plans aligned with American Heart Association guidelines. "Nutrition, activity, sleep and stress management all have an outsized impact on population health," said Kelly Bliss, Teladoc Health President of U.S. Group Health. "Our program comprehensively addresses these foundational pillars of cardiometabolic health because we know that's what it takes to deliver meaningful outcomes -- both for those managing multiple conditions and those looking to avoid progression of disease. Conditions and their risk factors are often interconnected, and with the right tools and behavior changes, they can be prevented." Healwell AI Inc. AIDX HWAIF recently completed its acquisition of Orion Health, a global data interoperability and healthcare navigation platform supporting over 150 million patient lives. The deal brings deep public sector penetration, international scale, and a new distribution channel for HEALWELL's AI decision support tools. With integration already underway, the combined platform is well-positioned to accelerate global adoption of AI-driven population health management. "We are thrilled to welcome Orion Health to the HEALWELL family and are excited at the potential of creating a powerhouse of innovation that will deliver actionable insights and drive better healthcare outcomes globally," said Dr. Alexander Dobranowski, CEO of HEALWELL. "The acquisition of Orion Health represents a transformative milestone for the Company, bringing large enterprise customers, recurring revenues, strong operating margins and free cashflow conversion to HEALWELL while providing a significant new channel for the distribution of our best-in-class AI products. In addition, the acquisition strengthens our position in the public sector, enabling us to deepen our reach with government partners, thanks to Orion Health's strong, long-standing relationships. With the added synergies from WELL Health, we are poised to transform healthcare through AI and data-driven innovation." Clover Health Investments, Corp. CLOV continues to scale its AI-powered Counterpart Assistant platform, now operating under its dedicated Counterpart Health subsidiary. In a new CHF-focused study, primary care providers using the system saw 18% lower hospitalizations and 25% fewer readmissions compared to non-users. The technology supports earlier detection, tracks disease progression, and guides treatment at the point of care. With multiple retrospective studies now validating its impact across chronic conditions, Counterpart Assistant is emerging as a high-impact AI tool for value-based care delivery. "Counterpart Assistant is a testament to this commitment, offering clinicians actionable intelligence that can translate to improved care for patients with heart failure and a significant decrease in costly acute episodes," said Conrad Wai, CEO of Counterpart Health. "This technology demonstrates that enhanced clinical quality and reduced cost of care delivery are not mutually exclusive, but rather, achievable through intelligent physician enablement." Amazon.com, Inc. AMZN, through its AWS subsidiary, has partnered with Cal Poly's DxHub, which joined forces with the Wisconsin State Laboratory of Hygiene (WSLH) and Virginia Department of General Services Division of Consolidated Laboratory Services (DCLS) to launch the AI Genomics Schema Harmonizer, a generative AI tool that automates the standardization of genomic data submissions. "AI Genomics Schema Harmonizer has the potential to transform the genomic data submission process," said Dr. Kelsey Florek, WSLH senior genomics and data scientist. "Replacing manual data transformations and maintenance of custom macros and scripts with a simple and broadly applicable approach allows our team to focus on the critical work of genomic analysis rather than data formatting." The application, powered by Amazon Bedrock and other AWS managed services, replaces hours of manual formatting with fast, accurate, and compliant data harmonization. It's a real-world example of how AWS is applying generative AI to solve high-impact public sector challenges. Source: https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/ CONTACT: USA NEWS GROUP [email protected] (604) 265-2873 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Avant Technologies Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares Avant Technologies Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Avant Technologies Inc. which were purchased in the open market. MIQ reserves the right to buy and sell, and will buy and sell shares of Avant Technologies Inc. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. Logo: https://mma.prnewswire.com/media/2603685/5303390/USA_News_Group_Logo.jpg SOURCE USA News Group AMZNAmazon.com Inc$186.24-0.06%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum50.42Growth93.95Quality74.33Value51.69Price TrendShortMediumLongOverviewAVAIAvant Technologies Inc$0.4800-%CLOVClover Health Investments Corp$3.35-0.05%HWAIFHealwell AI Inc$1.04-1.47%TDOCTeladoc Health Inc$6.97-2.46%Market News and Data brought to you by Benzinga APIs
[2]
Behind the FDA's AI Push: A Growing Class of Public Healthcare Innovators - Healwell AI (OTC:HWAIF), Avant Technologies (OTC:AVAI)
USA News Group News Commentary Issued on behalf of Avant Technologies Inc. VANCOUVER, BC, May 13, 2025 /PRNewswire/ -- USA News Group News Commentary - In a clear sign of growing confidence in artificial intelligence (AI) for healthcare, the U.S. Food and Drug Administration (FDA) has now fully adopted internal AI use, following the successful trial of a generative AI tool designed to streamline scientific review. The system, which helps FDA experts reduce time spent on repetitive tasks, marks a pivotal shift toward automation within regulatory processes. Analysts say this shift further confirms AI's growing role in the future of medicine, with MarketsandMarkets projecting the AI healthcare sector to climb at a 38.6% CAGR, reaching over US$110.61 billion by 2030. As the FDA leans into AI for its own operations, attention is turning to public companies advancing their own healthcare AI platforms -- among them Avant Technologies, Inc. AVAI, RadNet, Inc. RDNT, iCad, Inc. ICAD, Microsoft Corporation MSFT, and HEALWELL AI Inc. AIDX HWAIF. Major funding continues to pour into the AI healthcare sector, highlighted by Persivia's recent $107 million raise to scale its AI-powered platform. Looking ahead, analysts project that by 2035, artificial intelligence could inject an additional $461 billion into a global healthcare system already set to exceed $2.26 trillion. Avant Technologies, Inc. AVAI is deepening its footprint in AI-driven healthcare through a proposed acquisition of its joint venture partner Ainnova Tech. The two companies, already working together under Ai-nova Acquisition Corp. (AAC), have entered formal negotiations to merge into a single entity ahead of their scheduled FDA pre-submission meeting this July. The move is expected to streamline regulatory coordination, simplify clinical trial execution, and enhance commercial alignment as they prepare for U.S. market entry. "We believe bringing the two companies together will offer tremendous value for shareholders," said Vinicio Vargas, CEO at Ainnova and a member of the Board of Directors of Ai-nova Acquisition Corp. "It will simplify the process of advancing our technology to market, and it will deliver value to our customers and partners as we promote our technology portfolio globally." Operating through AAC, the companies hold global rights to Vision AI, a non-invasive clinical screening platform that integrates retinal imaging, vital sign capture, and proprietary algorithms to detect early signs of diabetic retinopathy, cardiovascular disease, liver fibrosis, kidney disease, and type 2 diabetes. According to NIH-cited research, AI tools like Vision AI have demonstrated over 90% sensitivity in detecting conditions before symptoms emerge. "This milestone reflects our two-tiered strategy, rapid deployment in low-regulation markets where Vision AI operates as a screening tool, and simultaneous progress toward FDA clearance for the U.S. market," said Vargas. "Entering the U.S. will unlock significant commercial potential, and early engagement with regulators ensures we do so with speed, credibility, and a validated product." While many early-stage healthcare AI companies remain pre-commercial, Vision AI is already active in pilot programs across Latin America, including Chile, Mexico, and Brazil. These deployments are generating real-world data and validating the platform in everyday clinical settings. To support the next phase of growth, AAC recently integrated four new diagnostic algorithms trained on more than 2.3 million clinical cases, boosting the platform's utility across a broader range of chronic conditions. With momentum building across regulatory, commercial, and clinical fronts, Avant appears well-positioned for the next leg of its journey. CONTINUED... Read this and more news for Avant Technologies Inc. https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/ RadNet, Inc. RDNT and iCad, Inc. ICAD have announced a definitive merger agreement, combining two leaders in AI-powered breast cancer detection. The all-stock transaction, valued at approximately $103 million, will bring iCAD's global install base of 1,500+ healthcare providers and its ProFound Breast Health Suite into RadNet's DeepHealth portfolio. "iCAD's ProFound Breast Health Suite and RadNet's DeepHealth AI-powered breast screening solutions, together, have the power to materially expand and improve patient diagnosis and outcomes on a global basis through further enabling accuracy and early-detection," said Dr. Howard Berger, President and CEO of RadNet. "This business combination is expected to accelerate our global leadership and commitment to AI-powered breast cancer screening, and positions us to further advance population health." The integration is expected to accelerate innovation in early detection and workflow tools for radiologists, bolstering RadNet's position in AI-driven cancer screening. With regulatory approvals pending, the merger is projected to close by Q3 2025. "As we join forces with RadNet to create a broad offering of AI-driven solutions, we have the opportunity to redefine how breast cancer and other diseases are detected and treated," said Dana Brown, President and CEO of iCAD. "Together, we will work to expand access to cutting-edge tools, accelerate innovation and advance our product roadmaps, empowering radiologists with more precise, efficient and scalable solutions that should ultimately improve patient care and outcomes." As iCAD moves forward with RadNet, it is also deepening its standalone capabilities through a new collaboration with Microsoft Corporation MSFT, as the ProFound Breast Health Suite will now be available through Microsoft's Precision Imaging Network, integrated directly with PowerScribe -- used by most U.S. radiologists for AI-driven reporting. This partnership brings iCAD's AI-powered mammography solutions to over 17,000 healthcare facilities, enabling real-time insights, streamlined workflows, and broader access to early breast cancer detection. "With the integration of iCAD's ProFound suite of breast health offerings with our Precision Imaging Network and PowerScribe solutions, we will help provide radiologists and patients with more accurate, actionable breast health insights, while streamlining mammography screening workflow, driving clinical and operational value at scale." said Vikram Chhabra, General Manager, Diagnostic Solutions at Microsoft. A recent Microsoft blog post highlighted how AI is already transforming healthcare by reducing clinician burnout, streamlining diagnostics, and personalizing treatments. Tools like Dragon Copilot are allowing doctors to spend more time with patients while automating documentation tasks. In imaging, Microsoft's multimodal AI models enable faster, more accurate disease detection and offer new capabilities like conversing with scans using natural language. These advancements, built on platforms like Azure and Microsoft Fabric, are empowering both providers and developers to deliver smarter, data-driven care at scale. HEALWELL AI Inc. AIDX HWAIF recently acquired Orion Health in a transformative deal that significantly expands its global reach and public sector presence. With Orion's platform supporting over 150 million patient lives across 11 countries, the acquisition strengthens HEALWELL's position in AI-powered healthcare data interoperability. "The acquisition of Orion Health represents a transformative milestone for the Company, bringing large enterprise customers, recurring revenues, strong operating margins and free cashflow conversion to HEALWELL while providing a significant new channel for the distribution of our best-in-class AI products," said Dr. Alexander Dobranowski, CEO of HEALWELL. "In addition, the acquisition strengthens our position in the public sector, enabling us to deepen our reach with government partners, thanks to Orion Health's strong, long-standing relationships." The combined entity is now positioned as a global leader in delivering actionable insights through AI, unlocking new revenue streams and accelerating innovation across population health. Source: https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/ CONTACT: USA NEWS GROUP [email protected] (604) 265-2873 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Avant Technologies Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares Avant Technologies Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Avant Technologies Inc. which were purchased in the open market. MIQ reserves the right to buy and sell, and will buy and sell shares of Avant Technologies Inc. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. Logo : https://mma.prnewswire.com/media/2603685/5316492/USA_News_Group_Logo.jpg SOURCE USA News Group AVAIAvant Technologies Inc$0.55005.77%OverviewHWAIFHealwell AI Inc$1.188.61%ICADicad Inc$3.843.48%MSFTMicrosoft Corp$448.33-0.21%RDNTRadNet Inc$59.404.15%Market News and Data brought to you by Benzinga APIs
[3]
Tech That Listens, Learns, and Diagnoses: AI's Breakout Moment in Healthcare
, /CNW/ -- Healthcare is quickly evolving into a digital-first operation, where top executives in the sector are doubling down on artificial intelligence, automation and analytics to reduce costs and improve billing accuracy. This is according to results of a survey from (and supported by ), which showed 85% of senior healthcare executives believe AI will improve efficiencies over the next five years. Now that multitasking AI Agents are being referred to as hospitals' newest "employees", AI-powered electronic noses are detecting scents for health and environmental applications, and researchers are seeking to legitimize AI mental health care, it's clear that this is where the sector is going. Behind the scenes, tech and biotech experts are working diligently to develop new solutions, with recent developments from (OTCQB: AVAI), (NYSE: TDOC), (TSX: AIDX) (OTCQX: HWAIF), (NASDAQ: CLOV), and Amazon.com, Inc. (NASDAQ: AMZN). According to research from PYMNTS Intelligence which polled C-suite executives at healthcare companies generating at least in annual revenue, 90% already see positive ROI from investments in generative AI (GenAI). Analysts are projecting that by 2035 the gross value added by AI to the healthcare industry will be on top of a baseline . (OTCQB: AVAI), an emerging player in AI-driven healthcare, is accelerating its diagnostics push through a joint venture with Ainnova Tech under (AAC), today announced they've secured a formal pre-submission meeting date with the FDA, set for . This meeting will guide critical elements of the clinical trial process for VisionAI -- Ainnova's flagship early-detection platform -- and marks a major step toward U.S. market clearance under the 510(k) regulatory pathway. The meeting will also help finalize key trial parameters, including the number of sites and patients, and confirm whether the FDA will approve the clinical protocol as proposed. "We are forever grateful for the opportunity to meet with the FDA to discuss our planned clinical trial," said , CEO at Ainnova and a member of the Board of Directors of (AAC). "We will use this pre-submission meeting to determine a host of items, including the ideal number of clinical sites, the number of total patients needed, and to learn if the FDA will approve our protocol for the planned clinical trial. These are all crucial for both Avant and Ainnova in determining the exact costs and a timetable." This milestone builds on Avant's ongoing momentum. VisionAI combines retinal imaging, patient vitals, and advanced algorithms to detect early signs of diabetic retinopathy, cardiovascular disease, liver fibrosis, kidney disease, and type 2 diabetes -- often before symptoms are visible. Studies have shown AI tools can detect diabetic retinopathy and other chronic conditions with sensitivities exceeding 90%, frequently identifying disease earlier than standard clinical observation. "This milestone reflects our two-tiered strategy, rapid deployment in low-regulation markets where VisionAI operates as a screening tool, and simultaneous progress toward FDA clearance for the U.S. market," said , CEO at Ainnova and a member of AAC's Board of Directors. "Entering the will unlock significant commercial potential, and early engagement with regulators ensures we do so with speed, credibility, and a validated product." VisionAI is already commercially active, with pilot programs launched across in countries including , , the , and . These early deployments are helping validate real-world performance while demonstrating cost savings and outcome improvements in frontline care environments. Avant's JV entity, (AAC), has also expanded its AI diagnostics portfolio with four new licensed algorithms from one of largest healthcare networks. Validated across more than 2.3 million clinical cases, these models are now integrated into VisionAI, further strengthening its diagnostic range across multiple chronic diseases. Clinical planning is being supported by global CRO Fortrea, which is helping to guide the FDA strategy. With both emerging-market traction and regulatory progress advancing in parallel, Avant is uniquely positioned -- globally licensed, commercially active, and now in formal dialogue with regulators. For investors following small-cap names bridging AI, diagnostics, and chronic care, Avant Technologies continues to stand out. If the FDA process proceeds as planned, AVAI could be on the verge of unlocking one of the largest emerging healthcare markets in the world. CONTINUED... Read this and more news for https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/ (NYSE: TDOC) has introduced a next-generation Cardiometabolic Health Program aimed at preventing the progression of diabetes, hypertension, and obesity across its member base. The platform combines connected devices, at-home testing, and personalized coaching to generate dynamic health insights and drive behavioral change. While not explicitly labeled as AI, the system uses real-time patient inputs to deliver adaptive care plans aligned with guidelines. "Nutrition, activity, sleep and stress management all have an outsized impact on population health," said , President of . "Our program comprehensively addresses these foundational pillars of cardiometabolic health because we know that's what it takes to deliver meaningful outcomes -- both for those managing multiple conditions and those looking to avoid progression of disease. Conditions and their risk factors are often interconnected, and with the right tools and behavior changes, they can be prevented." (TSX: AIDX) (OTCQX: HWAIF) recently completed its acquisition of , a global data interoperability and healthcare navigation platform supporting over 150 million patient lives. The deal brings deep public sector penetration, international scale, and a new distribution channel for HEALWELL's AI decision support tools. With integration already underway, the combined platform is well-positioned to accelerate global adoption of AI-driven population health management. "We are thrilled to welcome to the HEALWELL family and are excited at the potential of creating a powerhouse of innovation that will deliver actionable insights and drive better healthcare outcomes globally," said Dr. , CEO of HEALWELL. "The acquisition of represents a transformative milestone for the Company, bringing large enterprise customers, recurring revenues, strong operating margins and free cashflow conversion to HEALWELL while providing a significant new channel for the distribution of our best-in-class AI products. In addition, the acquisition strengthens our position in the public sector, enabling us to deepen our reach with government partners, thanks to strong, long-standing relationships. With the added synergies from WELL Health, we are poised to transform healthcare through AI and data-driven innovation." (NASDAQ: CLOV) continues to scale its AI-powered Counterpart Assistant platform, now operating under its dedicated subsidiary. In a new CHF-focused study, primary care providers using the system saw 18% lower hospitalizations and 25% fewer readmissions compared to non-users. The technology supports earlier detection, tracks disease progression, and guides treatment at the point of care. With multiple retrospective studies now validating its impact across chronic conditions, Counterpart Assistant is emerging as a high-impact AI tool for value-based care delivery. "Counterpart Assistant is a testament to this commitment, offering clinicians actionable intelligence that can translate to improved care for patients with heart failure and a significant decrease in costly acute episodes," said , CEO of . "This technology demonstrates that enhanced clinical quality and reduced cost of care delivery are not mutually exclusive, but rather, achievable through intelligent physician enablement." Amazon.com, Inc. (NASDAQ: AMZN), through its AWS subsidiary, has partnered with DxHub, which joined forces with the (WSLH) and (DCLS) to launch the AI Genomics Schema Harmonizer, a generative AI tool that automates the standardization of genomic data submissions. "AI Genomics Schema Harmonizer has the potential to transform the genomic data submission process," said Dr. , WSLH senior genomics and data scientist. "Replacing manual data transformations and maintenance of custom macros and scripts with a simple and broadly applicable approach allows our team to focus on the critical work of genomic analysis rather than data formatting." The application, powered by Amazon Bedrock and other AWS managed services, replaces hours of manual formatting with fast, accurate, and compliant data harmonization. It's a real-world example of how AWS is applying generative AI to solve high-impact public sector challenges. Source: https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/ CONTACT: NEWS GROUP [email protected] (604) 265-2873 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. is a wholly-owned subsidiary of ("MIQ"). MIQ has been paid a fee for advertising and digital media from the company directly. There may be 3rd parties who may have shares , and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of which were purchased in the open market. MIQ reserves the right to buy and sell, and will buy and sell shares of at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. Logo: https://mma.prnewswire.com/media/2603685/5303390/USA_News_Group_Logo.jpg View original content to download multimedia:https://www.prnewswire.com/news-releases/tech-that-listens-learns-and-diagnoses-ais-breakout-moment-in-healthcare-302447103.html
Share
Share
Copy Link
AI is revolutionizing healthcare with advanced diagnostic tools, FDA adoption, and significant market growth projections. Companies like Avant Technologies and others are at the forefront of this transformation.
Artificial Intelligence (AI) is rapidly transforming the healthcare industry, with senior executives increasingly recognizing its potential to improve efficiencies and reduce costs. A survey by Everest Group revealed that 85% of healthcare executives believe AI will enhance efficiencies over the next five years
1
. This shift is evident in various developments, from AI agents being referred to as hospitals' newest "employees" to AI-powered electronic noses detecting health-related scents.In a significant move, the U.S. Food and Drug Administration (FDA) has fully adopted internal AI use following a successful trial of a generative AI tool designed to streamline scientific review. This adoption marks a pivotal shift towards automation within regulatory processes, further confirming AI's growing role in the future of medicine
2
.The AI healthcare sector is projected to experience substantial growth, with MarketsandMarkets forecasting a 38% CAGR, reaching over US$110 billion by 2030
2
. By 2035, AI could potentially add $461 billion to a global healthcare system already set to exceed $2.7 trillion1
.Related Stories
Avant Technologies, Inc. (AVAI) is making significant strides in AI-driven healthcare. The company's joint venture with Ainnova Tech, under Ai-nova Acquisition Corp. (AAC), has secured a pre-submission meeting with the FDA for July 7, 2025. This meeting will guide the clinical trial process for VisionAI, their flagship early-detection platform
1
.VisionAI combines retinal imaging, patient vitals, and advanced algorithms to detect early signs of various chronic conditions, often before symptoms are visible. Studies have shown that AI tools like VisionAI can detect conditions with sensitivities exceeding 90%
1
.Teladoc Health, Inc. (TDOC) has introduced a next-generation Cardiometabolic Health Program, combining connected devices, at-home testing, and personalized coaching to generate dynamic health insights
3
.RadNet, Inc. (RDNT) and iCad, Inc. (ICAD) have announced a merger agreement, combining two leaders in AI-powered breast cancer detection. The all-stock transaction is valued at approximately $103 million
2
.HEALWELL AI Inc. (AIDX) recently completed its acquisition of Pentavere, a global data interoperability and healthcare navigation platform supporting over 150 million patient lives
3
.As AI continues to revolutionize healthcare, these developments highlight the growing confidence in AI's potential to improve patient outcomes, streamline processes, and reduce costs across the healthcare industry.
Summarized by
Navi
[3]
18 Jan 2025•Health
13 Dec 2024•Health
05 Dec 2024•Technology
1
Business and Economy
2
Technology
3
Business and Economy