Health Care

12 HealthTech startups strengthening Healthcare using AI in NYC (2021).

Medical-professionals-AI

Introduction

Artificial intelligence (AI) tries to mimic human cognitive functions. It is bringing a paradigm shift to healthcare, powered by increasing availability of healthcare data and rapid progress of realtime analytics. AI can be applied to various types of healthcare data (structured and unstructured). Popular AI techniques include machine learning methods for structured data, such as the classical support vector machine and neural network, and the modern deep learning, as well as natural language processing for unstructured data.

There are numerous examples of healthcare benefiting from artificial intelligence and robotics. Some examples include AI beating doctors in the diagnosis of breast cancer and Robotic surgery where doctors can perform surgeries remotely.

Also Read: Artificial Intelligence in Healthcare.

AI beats doctors in diagnosis competition.

Source: YouTube

Robotic surgery

Source: YouTube

To be clear, I do not think AI will replace any doctors soon, I think AI and Robotics are going to be key assistive technologies that doctors can use to augment their time for better focus on their areas of expertise.

There are many companies in AI and healthcare that are working very hard to bring this very powerful assistive technology, to help doctors and their patient and improve healthcare in general. I have a list of top 12 AI and healthcare startups in NYC, so let us dive in.

Also Read: The Role of Artificial Intelligence in Healthcare Documentation

List of Healthcare Organizations

1. Imagen technologies

How do they use AI in healthcare – They apply AI to medical image analysis, this if done right can revolutionize the way diagnosis is done today and help assist healthcare professionals in making more accurate diagnosis. Hopefully this will one day lead to prophylactic treatment. Wishing Imagen technologies the best in what they do!

Websitehttps://imagen.ai/

In the News – Healthcare AI Market To Observe Exponential Growth By 2020-2026 | DataIntelo

2. Paige

How do they use AI in healthcare – They build AI-based digital diagnostics delivered via an interoperable enterprise imaging platform that, together, are designed to drive diagnostic confidence and a more productive pathology workflow. The same Paige technology also empowers life sciences companies to evaluate treatment options for patients and design new biomarkers so that every patient gets precise treatment options.

Websitehttps://paige.ai/

In the News – In a research investigation, Paige Prostate Clinical (CE-IVD) was shown to improve pathologists’ sensitivity. Philips and Paige Team Up To Bring Artificial Intelligence (AI) to Clinical Pathology Diagnostics

3. Tempus

How do they use AI in healthcare – Tempus is a technology company that is building the world’s largest library of molecular and clinical data and an operating system to make that data accessible and useful. They enable physicians to deliver personalized care for patients through our interactive analytical and machine learning platform.

Website – http://www.tempus.com/

In the News – Tempus, Janssen R&D Collaborate on Oncology Clinical Trial Matching Tempus and Yale Announce Research Collaboration to Accelerate COVID-19 Test Development

4. Covera Health

How do they use AI in healthcare – An early and accurate diagnosis is the patient’s best chance to get better. Covera Health’s first product uses a proprietary framework that leverages advanced data science and artificial intelligence to help patients receive an accurate diagnosis. Today, we are already working with some of the largest healthcare payers in the country to impact millions of patient lives. With a pipeline representing 25% of the insured lives in the US, the opportunity to transform radiology and, in turn, improve patient care for all patients across the globe is in front of us.

Website – https://www.coverahealth.com/

In the News – Tech firm focused on quashing misdiagnoses in radiology scores key designation from the feds. Radiology startup Covera lands first partnership with insurer

5. Know Rare

How do they use AI in healthcare – Know Rare is an innovative HealthTech company that empowers people with rare disease to find the information and care they need to make their life better. Their AI powered platform, helps patients access new research and clinical studies that are personalized to fit their needs.

Website – http://knowrare.com/

6. Spring Health

How do they use AI in healthcare – Our clinically-validated technology matches each member of your team to the right care from the start. They use peer-reviewed machine-learning models to match each person to the right care for them.

Website – https://www.springhealth.com/

In the News – Mental health benefits startup Spring Health raises $76 million Exclusive: Spring Health Provides Path To Mental Health Benefits With $76M Series B

7. H1

How do they use AI in healthcare – The team at H1 are creating a healthier future by delivering a platform that connects stakeholders across the healthcare ecosystem for greater collaboration and discovery.

Website – https://www.h1insights.com/

In the News – H1 Insights raises $12.9 million for AI that helps companies find health care professionals H1 Insights is giving the healthcare industry the ultimate professional database

8. Nayya

How do they use AI in healthcare – Nayya powers employee engagement by personalizing benefits education and transforming the way employees choose & use their benefits.

Website – http://www.nayya.com/

In the News – Nayya, bringing transparency to choosing and managing healthcare plans, raises $2.7 million

9. DearDoc

How do they use AI in healthcare – DearDoc is an innovative, technology driven, digital marketing firm. They focus on supporting small to medium sized private medical practices grown and serve their client base through our various internet based products.

Website – http://www.getdeardoc.com/

In the News – 50 BEST SMALL COMPANIES TO WORK FOR IN NYC

10. Koios Medical, Inc

How do they use AI in healthcare – Koios Medical develops AI software to help skilled physicians interpret ultrasound images, using deep learning methods to assist in diagnosing cancer while streamlining clinical workflow.

Website – https://koiosmedical.com/

In the News – New Findings Show Artificial Intelligence Software Improves Breast Cancer Detection and Physician Accuracy FDA Clears Koios DS™ Breast 2.0 to Assist Physicians with AI-Based Software

11. Ambulnz

How do they use AI in healthcare – Ambulnz is a disruptive healthcare transportation company that has combined proprietary, AI-powered technology with an innovative economic model to transform the medical transportation industry. They are powered by technology, but their focus on care is what drives them and is reflected across their business.

Website – http://www.ambulnz.com/

In the News – Summer Camp Kids Are America’s Coronavirus Test Subjects. Ambulnz’s Software Facilitates Timely Medical Transportation During COVID-19 Pandemic.

12. AiCure

How do they use AI in healthcare – AiCure uses an easy-to-use, proprietary AI platform to directly engage and provide support to patients via smartphones to deliver meaningful, high-quality data around patient behavior. AiCure is an AI and advanced data analytics company targeting the healthcare industry. Their proprietary intelligent software captures and understands video, audio, and behavioral data to establish the link between patients, disease and treatment.

Website – https://aicure.com/

In the News – AiCure Launches Open Science Framework to Advance Digital Biomarker Development at CNS Summit 2020

Conclusion

With such rapid advancements in AI and Healthcare I can only expect the industry to grow and benefit everyone. AI will not replace the healthcare professionals, in fact, it will partner with them and help them do what they do best. Artificial Intelligence and Human Intelligence is a great formula for success in healthcare. No matter how big a player AI becomes in healthcare, it cannot replace the empathy and amazing work the healthcare professionals do, but I think it can be an amazing partner to them in improving their quality of work and patient care. To read more about my take on AI and Healthcare.

References

“50 Best Startups to Work For in NYC 2023.” Built In, https://www.builtinnyc.com/companies/best-small-places-to-work-nyc. Accessed 4 June 2023.

AiCure. “AiCure Launches Open Science Framework to Advance Digital Biomarker Development at CNS Summit 2020.” PR Newswire, 28 Oct. 2020, https://www.prnewswire.com/news-releases/aicure-launches-open-science-framework-to-advance-digital-biomarker-development-at-cns-summit-2020-301161226.html. Accessed 4 June 2023.

GenomeWeb. “Tempus, Janssen R&D Collaborate on Oncology Clinical Trial Matching.” GenomeWeb, 2 Nov. 2020, https://www.genomeweb.com/business-news/tempus-janssen-rd-collaborate-oncology-clinical-trial-matching. Accessed 4 June 2023.

Health, Beaumont. “Robotic Spine Surgery with Mazor X.” YouTube, Video, 26 Mar. 2018, https://www.youtube.com/watch?v=n4-Cxe9m4w0. Accessed 4 June 2023.

Medical, Koios. “FDA Clears Koios DSTM Breast 2.0 to Assist Physicians with AI-Based Software.” PR Newswire, 9 July 2019, https://www.prnewswire.com/news-releases/fda-clears-koios-ds-breast-2-0-to-assist-physicians-with-ai-based-software-300881966.html. Accessed 4 June 2023.

Monitor, South Asian. “AI Beats Doctors in Diagnosis Competition.” YouTube, Video, 7 July 2018, https://www.youtube.com/watch?v=_kLPyDmUUwU. Accessed 4 June 2023.

Reuter, Elise. “Mental Health Benefits Startup Spring Health Raises $76 Million.” MedCity News, 24 Nov. 2020, https://medcitynews.com/2020/11/mental-health-benefits-startup-spring-health-raises-76-million/. Accessed 4 June 2023.

Rosman, Katherine. “Coronavirus Testing for Summer Camp Kids.” The New York Times, 5 June 2020, https://www.nytimes.com/2020/06/05/style/is-camp-safe.html. Accessed 4 June 2023.

“Tech Firm Focused on Quashing Misdiagnoses in Radiology Scores Key Designation from the Feds.” Radiology Business, 22 Sept. 2020, https://www.radiologybusiness.com/topics/quality/covera-health-misdiagnoses-radiology-patient-safety. Accessed 4 June 2023.

Wiggers, Kyle. “H1 Insights Raises $12.9 Million for AI That Helps Companies Find Health Care Professionals.” VentureBeat, 22 Apr. 2020, https://venturebeat.com/2020/04/22/h1-insights-raises-12-9-million-ai-pair-health-care-professionals-with-companies/. Accessed 4 June 2023.