Internet – TheNewsHub https://thenewshub.in Tue, 29 Oct 2024 16:32:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.7 23andMe appoints three new board members following abrupt resignations https://thenewshub.in/2024/10/29/23andme-appoints-three-new-board-members-following-abrupt-resignations/ https://thenewshub.in/2024/10/29/23andme-appoints-three-new-board-members-following-abrupt-resignations/?noamp=mobile#respond Tue, 29 Oct 2024 16:32:35 +0000 https://thenewshub.in/2024/10/29/23andme-appoints-three-new-board-members-following-abrupt-resignations/

Anne Wojcicki attends the WSJ Magazine Style & Tech Dinner in Atherton, California, on March 15, 2023.

Kelly Sullivan | Getty Images Entertainment | Getty Images

23andMe appointed three new independent directors to its board, the company announced Tuesday, one month after all seven of its previous directors abruptly resigned.

The new board members are Andre Fernandez, the former chief financial officer of WeWork; Jim Frankola, the former CFO of the enterprise cloud company Cloudera; and Mark Jensen, a tech advisor and former managing partner at Deloitte, according to a release. The only other board member is 23andMe’s co-founder and CEO Anne Wojcicki. 

Fernandez, Frankola and Jensen will all serve on the board’s audit committee and compensation committee, the company said. Jensen will act as the lead independent director and chair of the compensation committee, while Fernandez will chair the audit committee.

“I am excited to welcome these three experienced directors to the 23andMe Board, and looking forward to working with them,” Wojcicki said in the release.

23andMe’s previous independent directors announced their resignation in a letter to Wojcicki in September, writing that they disagreed with her about the “strategic direction for the company.”

The genetic-testing company, once valued at $6 billion, has struggled since it went public in 2021 through a special purpose acquisition company, or SPAC. Shares were hovering below $1 until 23andMe announced a 1-for-20 reverse stock split of the Company’s Class A and Class B common stock earlier this month.

The company’s stock was trading around $5 on Tuesday morning.

To help 23andMe explore potential paths forward, the previous independent directors on the company’s board formed a special committee in late March. Wojcicki submitted a proposal to take the company private in July, but it was rejected by the special committee, in part because it lacked committed financing and did not provide a premium to the closing price of 40 cents per share at the time.

The directors gave Wojcicki the opportunity to submit a more suitable revised proposal, but they did not receive one, according to the September letter.

“We believe that it is in the best interests of the Company’s shareholders that we resign from the Board rather than have a protracted and distracting difference of view with you as to the direction of the Company,” they wrote.

In the weeks following the board members’ departures, Wojcicki has repeatedly said she remains committed to taking the company private.

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Oracle announces new AI-powered electronic health record https://thenewshub.in/2024/10/29/oracle-announces-new-ai-powered-electronic-health-record/ https://thenewshub.in/2024/10/29/oracle-announces-new-ai-powered-electronic-health-record/?noamp=mobile#respond Tue, 29 Oct 2024 16:12:05 +0000 https://thenewshub.in/2024/10/29/oracle-announces-new-ai-powered-electronic-health-record/

Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018.

David Paul Morris | Bloomberg | Getty Images

Oracle unveiled a brand-new electronic health record on Tuesday, its most significant health-care product update since acquiring the medical records giant Cerner for $28 billion in 2022. 

An electronic health record, or an EHR, is a digital version of a patient’s medical history that’s updated by doctors and nurses over time. EHR software can be complex and cumbersome for clinicians to use, but it’s become an integral component of the modern U.S. health-care system.   

Oracle’s latest EHR is equipped with cloud and artificial intelligence capabilities that will make it easier to navigate and set up, the company said. There are no menus or drop-down screens, and doctors can pull up the information they need by asking questions with their voices. Ideally, this will allow doctors to spend less time searching through records and more time caring for patients, Oracle said. 

“It’s not just a scribe. It’s not an assistant. It’s almost like having your own resident,” Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences, told CNBC in an interview. 

Oracle’s new offering could help boost its position within the fiercely competitive EHR market, where it has struggled to maintain its footing in recent years. In 2023, Oracle saw its largest net hospital loss on record while market leader Epic Systems, Oracle’s top rival, was the only company that saw a net increase in acute care market share, according to a report from KLAS Research.

Cerner contributed $5.9 billion to Oracle’s total revenue in fiscal 2023. Epic generated $4.9 billion in revenue last year. 

Oracle co-founder and Chairman Larry Ellison delivers a keynote address during the Oracle OpenWorld on October 22, 2018 in San Francisco, California. 

Justin Sullivan | Getty Images

The new EHR has been in the works since Oracle acquired Cerner, but it was not built on top of Cerner’s existing infrastructure, Verma said. That means current Cerner customers will have to decide whether to migrate to the separate system.

“Just think about crumbling infrastructure in a house, you’re not going to put new things on top of it,” she said. “That was the conclusion that we came to when we looked at the Cerner technology, so what we’re introducing to the market is something that’s brand new.”

Suhas Uliyar, Oracle’s senior vice president for product management in clinical and health-care AI, walked CNBC through a virtual demo of the new EHR. He showcased what it might look like for a doctor to get up to speed, respond to messages and fill prescriptions ahead of a day packed full of patient visits.  

The EHR is browser based, and physicians will see a search bar and a chronological list of their appointments when they open it. The interface is very simple. A doctor can click on the microphone in the search bar and ask questions like, “How many openings do I have for today?” or “How many new patients do I have on schedule for today?” The doctor will then get an AI-generated answer within seconds. 

If a doctor clicks on a patient, they’ll open their chart, where they can find AI summaries as well as more detailed explanations of their medical history. The physician can see what’s changed since the patient’s last visit, whether they’re taking any new medication and other details like lab results, clinical documentation, past treatments, risk factors, messages, allergies and vitals. 

Additionally, the doctor can click the microphone and ask patient-specific questions like “Has she ever complained about panic attacks or shortness of breath?,” “Has he had a CT screening for lung cancer, and are his vaccinations up to date?” or “Which antibiotics have you treated her urinary tract infection with?”

“It’s going through the entire history, all the records, and it gives me a very specific answer,” Uliyar said. “I didn’t have to go scroll through 15 different documents and find that.” 

The voice-activated questions can build on one another, and the EHR’s AI will start to learn the doctor’s habits, like the types of medications they prescribe and refill often. Even when Uliyar stumbled over his words or didn’t phrase a question exactly right, the system still pulled up the information he was looking for.   

If a doctor wants to go into more detail or double-check an AI-generated answer within the new EHR, they can always click on the citation and look through the original record that’s referenced, Uliyar said. And answers that include content like medication dosage information or other evidence-based recommendations will link to validated databases, he added.  

Traders work on the floor of the New York Stock Exchange (NYSE) on July 12, 2023 in New York City. 

Spencer Platt | Getty Images

While Oracle has been developing its new EHR, the company has also been rolling out features to existing Cerner customers to try and improve their experience with the product. Uliyar said many of these features, including Oracle Health Clinical AI Agent (formerly called Oracle Clinical Digital Assistant), are already embedded within the new EHR. 

Oracle announced the general availability of Clinical AI Agent in June, and it aims to automate much of the documentation that doctors are responsible for. 

Physicians can access the Clinical AI Agent through an app on their phone, and they hit a button to record their visits with patients. Once they stop recording, Oracle’s AI automatically generates a clinical note based on the appointment, so the doctors no longer need to write it themselves. 

Around 70 customers are already using the Clinical AI Agent, Uliyar said. The company is currently building a similar tool for nurses. 

Since the Clinical AI Agent is already embedded within the new EHR, customers will not have to worry about integrating it. The tool will also remain available as a stand-alone product that’s EHR agnostic, Uliyar said. 

The early adopter program for Oracle’s new EHR begins next year, and Oracle said it will work with customers to determine the customizations they need. The company has been moving its health-care customers to the cloud, so that should make the EHR implementation process much easier, Verma said.

“We see it as very disruptive to the market,” she said. “Our EHR is going to solve a lot of long-standing problems that we’ve had in health care.”

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Oracle applies to join Epic and others in new federal medical record network https://thenewshub.in/2024/10/28/oracle-applies-to-join-epic-and-others-in-new-federal-medical-record-network/ https://thenewshub.in/2024/10/28/oracle-applies-to-join-epic-and-others-in-new-federal-medical-record-network/?noamp=mobile#respond Mon, 28 Oct 2024 17:28:47 +0000 https://thenewshub.in/2024/10/28/oracle-applies-to-join-epic-and-others-in-new-federal-medical-record-network/

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco, California, U.S., on Sunday, Oct. 1, 2017.

David Paul Morris | Bloomberg | Getty Images

Oracle on Monday announced it intends to join a new federally-backed medical network that will make it easier for clinics, hospitals and insurance companies to share patients’ data.

The network, called the Trusted Exchange Framework and Common Agreement, or TEFCA, launched in December. Oracle, which acquired the medical records giant Cerner for $28 billion in 2022, is the latest major vendor to support TEFCA, joining its chief rival Epic Systems.

Oracle needs to be approved to join TEFCA, but its interest in doing so helps to bolster the nascent network’s credibility. It also suggests that TEFCA may succeed in ushering in a new standard for data-sharing practices across the health-care industry.

Sharing medical records between different hospitals, clinics and health-care organizations is a notoriously complex process. Health-care data is stored in a variety of formats across dozens of different vendors, making it difficult for doctors and other providers to easily access all the relevant data about their patients.

“This is just a natural next step,” Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences, told CNBC in an interview. “We are not into information blocking. We don’t have that reputation.”

Oracle’s competitor, Epic, has long been accused of dragging its feet around interoperability efforts, and Oracle has not been afraid to call the company out. In a May blog post, Ken Glueck, executive vice president at Oracle, wrote, “Everyone in the industry understands that Epic’s CEO Judy Faulkner is the single biggest obstacle to EHR [electronic health record] interoperability.”

Epic did not immediately respond to a request for comment.

Several companies and organizations have previously tried to streamline health-care information exchange, but TEFCA was designed to help bring all of these players together on a national scale. The network’s ultimate goal is to finally standardize the legal and technical requirements for sharing patients’ data.

The main groups that participate in health-data exchanges through TEFCA are called qualified health information networks, or QHINs. These networks volunteer to take part – they are not paid – and they have to go through a two-step approval process to ensure that they are eligible and have the necessary technical infrastructure. 

Oracle said Monday that it will begin the process to become a QHIN. Seven QHINs, including Epic, are live within TEFCA now.

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Dexcom shares fall on slow revenue growth https://thenewshub.in/2024/10/25/dexcom-shares-fall-on-slow-revenue-growth/ https://thenewshub.in/2024/10/25/dexcom-shares-fall-on-slow-revenue-growth/?noamp=mobile#respond Fri, 25 Oct 2024 00:36:34 +0000 https://thenewshub.in/2024/10/25/dexcom-shares-fall-on-slow-revenue-growth/

Dexcom CEO Kevin Sayer.

Scott Mlyn | CNBC

Shares of Dexcom fell 9% in extended trading on Thursday after the company released third-quarter results that beat analysts’ expectations but showed a decline in U.S. revenue year over year.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

  • Earnings per share: 45 cents adjusted vs. 43 cents expected
  • Revenue: $994 million vs. $990 million expected

The company’s revenue increased 2% to $994.2 million from $975 million a year earlier. Dexcom’s U.S. revenue declined 2% from $713.6 million the prior year. The company reported net income of $134.6 million, or 34 cents per share, up from $120.7 million, or 29 cents per share, in the same period last year.

Dexcom offers a suite of tools such as continuous glucose monitors, or CGMs, for patients who have been diagnosed with diabetes. In August, it launched its first over-the-counter product called Stelo, which is intended for adults who do not take insulin.

The company maintained its full fiscal-year guidance and expects revenue of $4 billion to $4.05 billion. Last quarter, Dexcom lowered its guidance from the $4.20 billion to $4.35 billion it forecast in the first quarter.

This lowered guidance and a revenue miss caused Dexcom shares to tumble more than 40% following the release of its second-quarter results in July. The company’s CEO Kevin Sayer attributed the challenges to a restructuring of the company’s sales team, fewer new customers than expected and lower revenue per user.

Sayer said in a call with investors Thursday that these problems improved during the third quarter.

The company also announced Teri Lawver, Dexcom’s chief commercial officer, will retire at the end of the year. Lawver will stay on as an advisor through early next year, and Sayer will lead the commercial organization as Dexcom searches for a replacement.

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GE HealthCare announces time-saving AI tool for doctors who treat cancer https://thenewshub.in/2024/10/21/ge-healthcare-announces-time-saving-ai-tool-for-doctors-who-treat-cancer/ https://thenewshub.in/2024/10/21/ge-healthcare-announces-time-saving-ai-tool-for-doctors-who-treat-cancer/?noamp=mobile#respond Mon, 21 Oct 2024 18:48:47 +0000 https://thenewshub.in/2024/10/21/ge-healthcare-announces-time-saving-ai-tool-for-doctors-who-treat-cancer/

GE Healthcare booth is seen ahead of the 2022 China International Fair for Trade in Services (CIFTIS) at China National Convention Center on August 28, 2022 in Beijing, China. 

Yi Haifei | China News Service | Getty Images

GE HealthCare on Monday announced a new artificial intelligence application it said will save time for doctors who diagnose and treat cancer.

CareIntellect for Oncology, as the tool is called, will help oncologists get up to speed on a patient’s history and disease progression by quickly showing them the data they need, the company said. GE HealthCare wants to spare oncologists the headache of digging through records so they can focus on caring for their patients, the company said.   

Health-care data is notoriously difficult to analyze, and as much as 97% of the data produced by hospitals goes unused, according to a Deloitte report. That information is stored across numerous vendors and file formats such as images, lab test results, clinical notes and device readings, which can be extremely taxing for doctors to sort through. 

“It’s very time-consuming, very frustrating for these clinicians,”  Dr. Taha Kass-Hout, GE HealthCare’s global chief science and technology officer, told CNBC in an interview.

CareIntellect for Oncology will be able to summarize clinical reports and identify when patients are deviating from their treatment plans, Kass-Hout said. The system can flag when a patient misses a lab test, for instance, so that their doctor can determine the best next steps. 

“For cancer patients, the treatment journey can last years and involve numerous doctor visits,” he said.

GE HealthCare’s CareIntellect for Oncology

Courtesy of GE HealthCare

CareIntellect for Oncology can also help identify relevant clinical trials that patients might be eligible for, saving oncologists hours of work, said Chelsea Vane, vice president of digital products at GE HealthCare. That process has traditionally required doctors to scroll through a database of available trials, memorize inclusion and exclusion criteria and dig through patient records to determine a good fit, Vane told CNBC.

“What we’ve done is remove that,” she said.

The purpose of the new app is to save oncologists time and effort, but if doctors want to dive into more detail, CareIntellect for Oncology allows them to view the original record that’s referenced, the company said.

GE HealthCare is planning to make CareIntellect for Oncology widely available to U.S. customers in 2025, and it will initially be optimized for prostate and breast cancers. Health organizations such as Tampa General Hospital are already evaluating it, the company said. Since the tool is cloud-based, it will drive recurring revenue for GE HealthCare, Kass-Hout said. 

The company is planning to introduce additional apps under the CareIntellect brand in the future, Kass-Hout said. The oncology tool is the first offering, and health-care organizations will be able to easily pick and choose the apps that they want to enable, he added.  

GE HealthCare is also hoping to integrate its CareIntellect products with some of the other early stage AI initiatives it teased on Monday.   

The company highlighted five new AI products that it is developing, including a collaborative team of AI agents, a tool to predict an aggressive type of breast cancer recurrence, and a tool to flag suspicious mammography scans to radiologists more quickly. 

GE HealthCare decided to preview the new tools to give customers an idea of the problems it’s trying to solve, Kass-Hout said. The company will solicit feedback from health-care organizations and work with regulators as necessary, he said. 

For instance, GE HealthCare is exploring how a group of AI agents can work together as a team to support doctors through its tool called Health Companion.

The agents in Health Companion will be trained as experts in specific domains, such as radiology, pathology or genomics, and offer insights based on their expertise, Kass-Hout said. The agents could identify whether a specific symptom is a side effect of treatment or a sign of disease progression, for example, and suggest next steps, he added. 

Ideally, the tool will give doctors the same kind of support they’d expect from working with a multidisciplinary team, Kass-Hout said. But while consulting a panel of experts can take days or weeks, Health Companion would be available immediately. 

“At the moment, it’s an early concept,” he said. “Our aim is to elevate the standard of care and get ahead of the overburden of clinicians trying to take care of their patient.”

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Apple's AirPods Pro 2 will soon work as a hearing aid. Here's what it's like https://thenewshub.in/2024/10/21/apples-airpods-pro-2-will-soon-work-as-a-hearing-aid-heres-what-its-like/ https://thenewshub.in/2024/10/21/apples-airpods-pro-2-will-soon-work-as-a-hearing-aid-heres-what-its-like/?noamp=mobile#respond Mon, 21 Oct 2024 13:10:32 +0000 https://thenewshub.in/2024/10/21/apples-airpods-pro-2-will-soon-work-as-a-hearing-aid-heres-what-its-like/

Apple CEO Tim Cook delivers remarks before the start of an Apple event at the Apple headquarters in Cupertino, California, on Sept. 9, 2024.

Justin Sullivan | Getty Images

I tested the new hearing health features coming to Apple‘s AirPods Pro 2 headphones, and they saved me a long-overdue trip to the audiologist. 

Apple unveiled the features during an event in September, and they will be publicly available through a free software update next week. Users can take a clinically validated hearing test with the AirPods Pro 2, and the buds will serve as an over-the-counter hearing aid if applicable. The headphones will also be equipped with new hearing protection capabilities, such as loud sound reduction, that are switched on by default. 

More than 1.5 billion people are living with hearing loss, according to the World Health Organization. Tapping into this market could help Apple juice sales for the $249 AirPods Pro 2, which the company first launched two years ago. 

If you already own the headphones, the hearing health features are worth exploring. They take just a few minutes to set up, and they’re easy to use from the comfort of your home. The AirPods Pro 2 are also a cost-effective option for those looking for assistive hearing technology. Other over-the-counter hearing aids can cost thousands of dollars without insurance, for instance. 

Taking the hearing test

I have a pair of third-generation AirPods that I use every day, but this was my first time trying the AirPods Pro 2. I took them straight out of the box, flipped open the lid to the charging case and paired them with an iPhone. After that, I popped them in my ears and prepared to take Apple’s hearing test.

During its event in September, Apple said 80% of adults in the U.S. have not had their hearing checked in the past five years. That’s certainly true in my case. The last time I remember getting my hearing tested was in elementary school. 

Admittedly, I haven’t gone out of my way to protect my hearing, so I wasn’t sure what my results would look like. I felt a little nervous beforehand. 

To access the test, you can go into the Health app or into the earbuds’ settings menu. I pulled it up, and it prompted me with a few basic questions about my age, my health and whether I’d been exposed to a loud environment in the past 24 hours. 

You need to be in a very quiet space to take the test. Apple runs a background noise test to ensure your environment is suitable, and then it assesses the fit of your headphones within your ears. The AirPods Pro 2 come with medium-sized flexible ear tips attached, but there are extra small, small and large tip sizes included in the box. Apple sells a set of ear tips on its website for about $13 if you’ve misplaced yours.      

I took the test in my apartment, and I didn’t need to adjust the fit of the headphones. I read the test’s instructions and then it was time to get started. 

The hearing test plays a series of tones at different volumes and frequencies, and you tap the screen each time you hear a sound. It started with my left ear and moved to my right, and it took a little more than five minutes.

The hearing test was easy. There are some long pauses between tones, so I felt like I second-guessed myself occasionally. And Apple isn’t kidding about finding a quiet space to take this test. Some of the tones were so soft that I practically had to hold my breath to hear them. My test also automatically paused a few times as traffic passed by outside, so I’d recommend finding a room that’s as close to silent as possible.  

You can take the test as many times as you want, and you’ll get your results as soon as you’re done. A copy is stored in the Health app, and you can share it with your doctor. 

I learned that I have little to no hearing loss in both ears, though there are some frequencies that might be harder for me to pick up on. It’s nice to have that peace of mind. 

Using your headphones as a hearing aid

Since I have minimal hearing loss, I was prompted to turn on a feature called “Media Assist,” which uses my hearing test results to adjust the clarity of my calls, music and videos based on my specific profile. 

I had Media Assist enabled as I used the AirPods Pro 2 to FaceTime friends and family, watch CNBC and listen to different genres of music on Spotify. I didn’t hear much of a difference with music or TV, but I did notice that voices seemed amplified on my FaceTime calls. It’s a subtle change, but I found it helpful. 

If your test results show you have mild to moderate hearing loss, you’ll be prompted to set up and use your headphones as a clinical-grade hearing aid. The U.S. Food and Drug Administration approved Apple’s hearing aid software in September. 

“After you take a hearing test, your AirPods Pro are transformed into a personalized hearing aid, boosting the specific sounds you need in real time, like parts of speech, or elements within your environment,” Dr. Sumbul Desai, Apple’s vice president of health, said in a prerecorded video last month.

The hearing aid feature is intended for adults with mild to moderate hearing loss, but users can turn it on in their settings even if they don’t fall under that category. Out of curiosity, I switched it on while walking around New York City, running errands, watching TV and chatting with my roommates. 

The feature instantly amplified the world around me, and I joked that it felt like a superpower. It was easier for me to hear quiet dialogue on TV, and my conversations were magnified. Interestingly, I didn’t feel overwhelmed by the loud sounds of the city, which I suspect is due to the earbuds’ new hearing protection features. 

Using a hearing aid can take some getting used to, so don’t worry if it doesn’t feel natural right away. You can also make specific adjustments to your liking in your settings and the iOS Control Center. 

The hearing aid feature was cool to try, even if I don’t need to use it. It would be nice to switch it on in a crowded New York City restaurant, but otherwise, I got the support I needed from the Media Assist feature.        

If you have mild to moderate hearing loss and are prompted to turn on the hearing aid feature, Media Assist will also be activated. Your AirPods Pro 2 will automatically adjust as you make calls, watch videos and listen to music across all your Apple devices. 

Though I wasn’t the ideal candidate for the hearing aid, I’m excited to tell my parents and grandparents about it. Since the AirPods Pro 2 look like any other pair of Apple headphones, they’re less conspicuous than many existing hearing aids, which I expect will be an added perk for many users. 

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Nvidia, Google, Microsoft and more head to Las Vegas to tout health-care AI tools https://thenewshub.in/2024/10/19/nvidia-google-microsoft-and-more-head-to-las-vegas-to-tout-health-care-ai-tools/ https://thenewshub.in/2024/10/19/nvidia-google-microsoft-and-more-head-to-las-vegas-to-tout-health-care-ai-tools/?noamp=mobile#respond Sat, 19 Oct 2024 13:00:01 +0000 https://thenewshub.in/2024/10/19/nvidia-google-microsoft-and-more-head-to-las-vegas-to-tout-health-care-ai-tools/

Visitors check out Nvidia’s AI technology at the 2024 Apsara Conference in Hangzhou, China, on September 19, 2024.

Costfoto | Nurphoto | Getty Images

Nvidia, Google, Microsoft and dozens of other tech companies are descending on Las Vegas next week to showcase artificial intelligence tools they say will save doctors and nurses valuable time. 

Sunday marks the official start of a health-care technology conference called HLTH, which is expected to draw more than 12,000 industry leaders this year. CNBC will be on the ground. Based on the speaking agenda and announcements leading up to the conference, AI tools to conquer administrative burdens will be the star of this year’s show. 

Doctors and nurses are responsible for mountains of documentation as they work to keep up with patient records, interface with insurance companies and comply with regulators. Often, these tasks are painstakingly manual, in part because health data is siloed and stored across multiple vendors and formats. 

The daunting administrative workload is a major cause of burnout in the industry, and it’s part of the reason a nationwide shortage of 100,000 health-care workers is expected by 2028, according to consulting firm Mercer. Tech companies, eager to carve out a piece of a market that could top $6.8 trillion in spending by the decade’s end, argue that their generative AI tools can help.

Alex Schiffhauer, group product manager at Google, speaks during the Made By Google event at the company’s Bay View campus in Mountain View, California, Aug. 13, 2024.

Josh Edelson | AFP | Getty Images

Google, for instance, said it’s working to expand its health-care customer base by tackling administrative burden with AI.

On Thursday, the company announced the general availability of Vertex AI Search for Healthcare, which it introduced in a trial capacity during HLTH last year. Vertex AI Search for Healthcare allows developers to build tools to help doctors quickly search for information across disparate medical records, Google said. New features within Google’s Healthcare Data Engine, which helps organizations build the platforms they need to support generative AI, are also now available, the company said.

Google on Thursday released the results of a survey that said clinicians spend nearly 28 hours a week on administrative tasks. In the survey, 80% of providers said this clerical work takes away from their time with patients, and 91% said they feel positive about using AI to streamline these tasks. 

Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024.

Dimas Ardian | Bloomberg | Getty Images

Similarly, Microsoft on Oct. 11 announced its collection of tools that aim to lessen clinicians’ administrative workload, including medical imaging models, a health-care agent service and an automated documentation solution for nurses, most of which are still in the early stages of development. 

Microsoft already offers an automated documentation tool for doctors through its subsidiary, Nuance Communications, which it acquired in a $16 billion deal in 2021. The tool, called DAX Copilot, uses AI to transcribe doctors’ visits with patients and turn them into clinical notes and summaries. Ideally, this means doctors don’t have to spend time typing out these notes themselves. 

Nurses and doctors complete different types of documentation during their shifts, so Microsoft said it’s building a separate tool for nurses that’s best suited to their workflows. 

AI scribe tools such as DAX Copilot have exploded in popularity this year, and Nuance’s competitors, such as Abridge, which has reportedly raised more than $460 million, and Suki, which has raised $165 million, will also be at the HLTH conference. 

Dr. Shiv Rao, the founder and CEO of Abridge, told CNBC in March that the rate at which the health-care industry has adopted this new form of clinical documentation feels “historic.” Abridge received a coveted investment from Nvidia’s venture capital arm that same month. 

Nvidia is also gearing up to address doctor and nurse workloads at HLTH. 

Kimberly Powell, the company’s vice president of health care, is delivering a keynote Monday that will explain how using generative AI will help health-care professionals “dedicate more time to patient care,” according to the conference’s website.

Nvidia’s graphics processing units, or GPUs, are used to create and deploy the models that power OpenAI’s ChatGPT and similar applications. As a result, Nvidia has been one of the primary beneficiaries of the AI boom. Nvidia shares are up more than 150% year to date, and the stock tripled last year. 

The company has been making steady inroads into the health-care sector in recent years, and it offers a range of AI tools across medical devices, drug discovery, genomics and medical imaging. Nvidia also announced expanded partnerships with companies such as Johnson & Johnson and GE HealthCare in March. 

While the health-care sector has historically been slow to adopt new technology, the buzz around administrative AI tools has been undeniable since ChatGPT exploded onto the scene two years ago. 

Even so, many health systems are still in the early stages of evaluating tools and vendors, and they’ll be making the rounds on the HLTH exhibition floor. Tech companies will have to prove they have the chops to tackle one of health care’s most complex problems. 

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The Oura Ring 4 is sleek and easy to wear but scratches easily. Here's what it's like https://thenewshub.in/2024/10/15/the-oura-ring-4-is-sleek-and-easy-to-wear-but-scratches-easily-heres-what-its-like/ https://thenewshub.in/2024/10/15/the-oura-ring-4-is-sleek-and-easy-to-wear-but-scratches-easily-heres-what-its-like/?noamp=mobile#respond Tue, 15 Oct 2024 10:00:01 +0000 https://thenewshub.in/2024/10/15/the-oura-ring-4-is-sleek-and-easy-to-wear-but-scratches-easily-heres-what-its-like/

The Oura Ring 4.

Courtesy: Oura

After two weeks of wearing the Oura Ring 4, the smart ring gave me a better understanding of how my sleep, stress and exercise influence how I feel in my day-to-day life. 

The Oura Ring 4 began shipping to customers and became available in retail stores on Tuesday, and it’s an impressive option for those looking for a sleek and comfortable way to learn more about their bodies and make healthier choices. 

The smart ring offers more accurate sensors, a more comfortable design and longer battery life than its predecessor. The gadget is available in 12 sizes and six colors, including a new black finish, and it costs $349, although users have to pay a $5.99 a month, or $69.99 a year, subscription to use all of the accompanying app’s features. 

On the whole, the Oura Ring 4 is comfortable to wear and its app is easy to navigate. The ring was a bit more clunky and scratched more easily than I’d prefer, but after two weeks of testing it, the Oura Ring 4 did provide me useful information about my health. 

Getting set up

Ashley Capoot wearing the Oura Ring 4.

Ashley Capoot

I had never worn an Oura Ring before, so the entire experience was new to me. 

The first order of business was choosing a color and determining my ring size, which I did by using the company’s sizing kit. Oura recommends customers new and old should get sized since the fit can change from one generation to the next. The kits are available online, and in-store sizing is available at retailers such as Target and Best Buy, the company said.

Silver jewelry has always been my preferred style, so I picked the silver Oura Ring 4 to match my accessories. 

Getting sized proved more difficult. I did my sizing in person with the Oura team, but I misjudged it slightly. The ring I’ve been wearing is a little big, so there are sometimes gaps between my finger and the hardware. I never felt like my ring was going to fall off, but I would size down if I were to do it again.

The ring was delivered to my apartment in a small box that included a charger and some basic instructions about how to clean and wear it. 

I charged the ring as I downloaded the Oura app and filled it out with biographical information such as my birthday, height and weight. Pairing the hoop with my iPhone was incredibly easy, and once the battery was topped off, it was time to slip the ring on. 

What’s good

The redesigned Oura app.

Courtesy: Oura

As someone who has never liked the look of smartwatches, I was excited to try out the Oura Ring 4 and use it to track my sleep. The wearable was so comfortable, I often forgot I had it on.

That’s at least in part due to the device’s new sensors, which are significantly smaller than those of its predecessor. The third-generation Oura has sensors that are raised and feel like little bumps, while those on the Ring 4 are basically flat, giving it a smooth interior like any other ring. 

I purposely wore the ring on my right index finger. I still write a lot of my stories by hand (old school, I know), so I wanted to see if it would bother me while holding a pen or pencil. It didn’t. The ring is also designed to be worn 24/7 and is water resistant, and it didn’t give me any trouble when I washed my hands or showered with it.

Another highlight was the Oura app. The company began rolling out a redesign of the app to all its users earlier this month, and I thought the layout of the app was very intuitive. Data from the smart rings is presented in three tabs called Today, Vitals and My Health. 

The Today tab highlights information based on the time of day, and it includes shortcuts where I could quickly view the latest readings for things such as my sleep, activity, heart rate, stress or my readiness for the day. These at-a-glance metrics are easy to digest and helpful to look at when I had a quick minute throughout the day.   

I also enjoyed looking at my reading at a more granular level in the Vitals tab. There’s a lot to learn and decipher. Oura shows you nearly 20 different data points about your sleep alone. Even so, the company does a nice job breaking down all of these concepts in simple language. I wasn’t familiar with the term latency, for example, but the app taught me that it’s the amount of time it takes to fall asleep. 

The My Health tab gives users access to longer-term insights such as heart health, sleep health and resilience, a metric that measures your ability to recover from stress over time. These metrics are calibrated once Oura has recorded several weeks’ worth of data, so I was unable to explore this feature in depth for this review. 

Before the review, I was concerned about whether Oura’s metrics would negatively affect my mood. For instance, if Oura tells me that I slept poorly, would I feel less prepared to take on my day?

I was pleasantly surprised by how the company approached this framing. I never felt like I was being reprimanded for getting a bad night’s sleep, feeling stressed or missing a workout. Instead, Oura gave me tips about small changes I could make to feel better throughout the day, such as taking a few minutes for a break or meditation. 

I also liked that the exercise goal in the app varied based on my readings. If there was a day where I was particularly tired or stressed, Oura lowered my activity goal. This helped me feel a sense of accomplishment even when I wasn’t at my very best. 

website, Oura says users can prevent scratches by wearing the ring on their nondominant hand, keeping it separated from other rings and taking it off in high-friction scenarios such as weight lifting.

Despite this warning, I was surprised by how quickly the Ring 4 showed signs of wear, especially given its price tag. And no, scratches are not covered by Oura’s warranty policy.  

Another let down was the ring’s battery life. It didn’t last as long as Oura said it would. 

The company touts eight days of battery life, but I was usually prompted to charge my ring after about five or six days. The company said battery life depends on users’ ring size, feature configuration, app settings, usage and other factors, so it varies from person to person. 

Five to six days is still better than an Apple Watch, which usually needs daily charging, but I definitely wasn’t getting the eight days I was expecting.   

My last gripe was purely aesthetic. I have small hands, so I thought the Ring 4 looked a little clunky in comparison to the jewelry I normally wear. My friends said they didn’t notice this, but the Ring 4 is not a style I would typically reach for, though admittedly, I’ve gotten more used to it with time.

Should you buy it?

It’s worth noting that getting access to Oura’s full slate of features doesn’t come cheap. 

You don’t have to pay for the company’s monthly subscription if you don’t want to, but without it, you’ll only be able to access your daily sleep, readiness and activity scores, according to Oura’s website. I really enjoyed being able to track my stress levels, so for that feature alone, I would get the membership. If you want that kind of information, be prepared to make a monthly $5 commitment before getting hitched to an Oura Ring 4.  

Overall, the new Oura smart ring is easy to wear and use, and it’s a great option if you’re looking for a low-maintenance way to track your health. I’ve been recommending it to family and friends, and I wouldn’t be surprised if I do end up purchasing one for myself someday.

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Microsoft announces new AI tools to help ease workload for doctors and nurses https://thenewshub.in/2024/10/10/microsoft-announces-new-ai-tools-to-help-ease-workload-for-doctors-and-nurses/ https://thenewshub.in/2024/10/10/microsoft-announces-new-ai-tools-to-help-ease-workload-for-doctors-and-nurses/?noamp=mobile#respond Thu, 10 Oct 2024 15:00:01 +0000 https://thenewshub.in/2024/10/10/microsoft-announces-new-ai-tools-to-help-ease-workload-for-doctors-and-nurses/

Microsoft on Thursday announced new health-care data and artificial intelligence tools, including a collection of medical imaging models, a health-care agent service and an automated documentation solution for nurses. 

The tools aim to help health-care organizations build AI applications quicker and save clinicians time on administrative tasks, a major cause of industry burnout. Nurses spend as much as 41% of their time on documentation, according to a report from the Office of the Surgeon General. 

“By integrating AI into health care, our goal is to reduce the strain on medical staff, foster the collective health team collaboration, enhance the overall efficiency of healthcare systems across the country,” Mary Varghese Presti, vice president of portfolio evolution and incubation at Microsoft Health and Life Sciences, said in a prerecorded briefing with reporters. 

The new tools are the latest example of Microsoft’s efforts to establish itself as a leader in health-care AI. Last October, the company unveiled a series of health features across its Azure cloud and Fabric analytics platform. It also acquired Nuance Communications, which offers speech-to-text AI solutions for health care and other sectors, in a $16 billion deal in 2021.

Many of the solutions Microsoft announced on Thursday are in the early stages of development or only available in preview. Health-care organizations will test and validate them before the company rolls them out more broadly. Microsoft declined to share what these new tools will cost.

Health-care AI models 

Microsoft’s model catalog

Courtesy of Microsoft

Roughly 80% of hospital and health system visits include an imaging exam because doctors often rely on images to help treat patients.

Microsoft is launching a collection of open-source multimodal AI models that can analyze data types beyond just text, such as medical images, clinical records and genomic data. Health-care organizations can use the models to build new applications and tools.

For example, digitizing a single pathology slide can require more than a gigabyte of storage, so many existing AI pathology models have trained on small pieces of slides at a time. Microsoft and Providence Health & Services built a whole-slide model that improves on mutation prediction and cancer subtyping, according to a paper published in the peer-reviewed journal Nature.

Now, health systems can build on it and fine-tune it to meet their needs. 

“Getting a whole-slide foundation model for pathology has been a challenge in the past … and now we’re actually able to do it,” Sara Vaezy, chief strategy and digital officer at Providence, told CNBC in an interview. “It was really sort of a game changer.” 

The models are available in the model catalog within Azure AI Studio, which serves as Microsoft’s generative AI development hub. 

Health-care agent service

Microsoft’s health-care agent service.

Courtesy of Microsoft

Microsoft also announced a new way for health systems to build AI agents.

AI agents vary in complexity, but they can help users answer questions, automate processes and perform specific tasks. 

Through Microsoft Copilot Studio, these organizations can create agents equipped with health-care-specific safeguards. When an answer contains a reference to clinical evidence, for instance, the source is shown, and a note indicates if the answer is AI-generated. Fabrications and omissions are also flagged, Microsoft said. 

For example, a health-care organization could build an AI agent to help doctors identify relevant clinical trials for a patient. Microsoft said a physician could type the question, “What clinical trials for a male 55-year-old with diabetes and interstitial lung disease?” and receive a list of potential options. It would save the doctor the time and effort of finding each trial. 

AI agents that can help patients answer basic questions have been popular among the health systems that have already begun testing the service, Hadas Bitran, general manager of health AI at Microsoft Health and Life Sciences, said in a Q&A with reporters. Agents that can help doctors answer questions about recent guidelines and patients’ history are also common, she added.

Microsoft’s health-care agent service is available in a preview capacity starting Thursday.

Bringing automated documentation to nurses

In August, Microsoft announced that the next phase of its partnership with Epic Systems would be dedicated to building an AI-powered documentation tool for nurses, and the company detailed those plans on Thursday. 

Epic is a health-care software vendor that houses the electronic health records of more than 280 million people in the U.S. It has a yearslong relationship with Microsoft. 

Microsoft’s Nuance already offers an automated documentation tool for doctors called DAX Copilot, which it unveiled last year. It allows doctors to consensually record their visits with patients, and AI automatically transforms them into clinical notes and summaries.

Ideally, this means doctors don’t have to spend time typing out these notes themselves every time they see a patient. 

The technology has exploded in popularity this year. Nuance announced that DAX Copilot was generally available within Epic’s electronic health record in January – a coveted stamp of approval within the health-care industry. Integrating a tool like DAX Copilot directly into doctors’ EHR workflow means they won’t need to switch apps to access it, which helps save time and reduces administrative workload.

But so far, DAX Copilot has only been available to doctors. Microsoft said that’s changing. It’s building a similar tool optimized for nurses.

“The nursing workflow is very different from that of physicians, and any solution developed for nurses needs to integrate with the way they work,” Presti said during the briefing. “Our team has spent hours shadowing nurses during their shifts to see how they carry out their tasks and to discover where the greatest points of friction exist throughout their day.”  

Microsoft is working with organizations like Stanford Health Care, Northwestern Medicine and Tampa General Hospital to develop it.

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Oura announces new smart ring with updated design and new sensors for $349 https://thenewshub.in/2024/10/03/oura-announces-new-smart-ring-with-updated-design-and-new-sensors-for-349/ https://thenewshub.in/2024/10/03/oura-announces-new-smart-ring-with-updated-design-and-new-sensors-for-349/?noamp=mobile#respond Thu, 03 Oct 2024 07:00:01 +0000 https://thenewshub.in/2024/10/03/oura-announces-new-smart-ring-with-updated-design-and-new-sensors-for-349/

A user wearing an Oura Ring

Courtesy: Oura

Oura unveiled its new smart ring, the Oura Ring 4, on Thursday, which is available starting at $349. 

The company’s rings track sleep, exercise, stress, heart health and other metrics to help users understand their bodies and make healthier choices. The Oura Ring 4 has new sensors, a sleeker design and up to eight days of battery life. 

Oura said it developed a new “Smart Sensing” platform that uses an algorithm and updated sensors to capture more accurate readings for blood oxygen sensing, daytime and nighttime heart rate and breathing disturbances.

The Oura Ring 4

Courtesy: Oura

The sensors in Oura’s third-generation ring are raised and feel like little bumps, but the sensors in the Oura Ring 4 are flat. The company said this will give the ring a smooth interior that’s more comfortable to wear.

The Oura Ring 4 is available in twelve sizes and six colors, including a new black finish. It’s available for preorder on Thursday and will begin shipping Oct. 15. 

In addition to the upfront cost, users will have to pay for a membership of $5.99 a month or $69.99 a year. The first month is free. Customers can use flexible spending accounts and health savings accounts to pay for the ring and the membership. 

A new look for the app

Redesigned Oura app

Courtesy: Oura

The company also announced a new design for its app, which is now rolling out to Oura members. Under the new layout, users’ data will be organized into three tabs called Today, Vitals and My Health. 

The Today tab will highlight relevant information based on the time of day, and it includes shortcuts where people can quickly access information about their sleep, activity, readiness, stress, heart rate and menstrual cycles if applicable. Users can dive into more detail about their data in the Vitals tab and access longer-term metrics like sleep trends, cardiovascular age, sleep trends and stress resilience in the My Health tab. 

Oura said new features are coming to the app as well. 

While exercising, members won’t have to manually log their heart rate or the kind of workout they complete. They’ll also be able to see their activity and daily movement within their daytime stress data. Oura said this will help improve users’ understanding of how their behaviors and habits can influence their stress. 

Oura is also updating its reproductive health offerings to include a feature called fertile window, which will help inform users about their chances of getting pregnant. The fertile window will give users an estimate of their fertile days, their likelihood of conception and their detected day of ovulation. Oura said this feature will roll out in the coming months, but members can sign up to join the waitlist for early access.   

Oura Labs, where users can test new features, is now available on Android devices. The feature was previously only offered on iPhones.

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