- Johns Creek, Georgia-based Jvion announced the launch of the AI-enabled Bedside Patient Rescue (BPR) device.
- Developed in collaboration with Mayo Clinic as part of the health system’s Think Big Challenge, the BPR helps give clinicians patient information to help providers identify vulnerable patients and intervene to help reduce avoidable deaths, Jvion says. Doctors can get a predictive view of a patient’s health up to 365 days into the future, according to the company.
- At HIMSS17 in February, Jvion announced plans to buy cognitive computing startup Predixion Healthcare, according to Healthcare IT News.
Artificial intelligence is a hot topic in healthcare. With the shift to value-based reimbursement, providers are looking for ways to increase efficiencies and boost patient outcomes. AI is seen as an avenue to help streamline diagnoses treatments by sifting through reams of data and providing guidance and decision support to enhance workflow.
According to Frost & Sullivan, the AI market in healthcare is poised to reach $6 billion by 2021, up from just $600 million in 2014. “Any workflow that requires humans to read or skim or scan vast amounts of data, technology can make that more efficient,” Hal Andrews, CEO of Aegis Health and former president of healthcare at software company Digital Reasoning, told Healthcare Dive in October.
Mayo Clinic has supported other AI initiatives. This spring, the health system and Omron Health led a $30 million funding round for AliveCor, developer of an FDA-approved AI-empowered stroke prevention platform. The device, Kardia Pro, tracks patients’ weight, activity and blood pressure and sends EKG reading directly to a cardiologist.
The Think Big Challenge is an effort to help Mayo Clinic take a product to market. The interest in artificial intelligence could be a longer play as its market in healthcare is just shaping up.