Breaking Boundaries in Healthcare: Meet the Leading AI Healthcare Startups

By Linly Ku Published on Jun. 07, 2023

Artificial Intelligence, or AI, is at the forefront of innovation in healthcare. It has infiltrated healthcare tremendously in the last decade, bringing billions of dollars to different sectors. Top AI applications in healthcare include robot-assisted surgery, virtual nursing assistants, dosage error reduction, and much more. These applications are projected to create$150 bn in annual savings for the healthcare economy by 2026.

The Future of Digital Health

Because of this AI healthcare boom, insurers and investors pour millions of dollars into these technologies. Here are 9 top AI healthcare startups to keep an eye on.

Remedy Health

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Remedy Health’s AI-assisted platform equips non-physician staff with clinical expertise to uncover hidden chronic diseases through phone screening interviews. Early diagnosis allows them to find the best fulcrum point for intervention to affect health outcomes and decrease costs positively. Finding undiagnosed patients will drastically increase a health system's RAF scores and profitability.

Remedy Health's AI-assisted platform offers a unique solution for uncovering hidden chronic diseases. The platform enables early diagnosis through phone screening interviews by equipping non-physician staff with clinical expertise - allowing timely intervention, positively impacting health outcomes, and decreasing costs.

Additionally, finding undiagnosed patients improves a health system's RAF scores, increasing profitability and ensuring the best possible health outcomes and financial benefits.

What’s Unique?

Competitors typically rely on incomplete medical records and only gather information when patients are sick and in the hospital system. However, Remedy Health revolutionizes the industry by enabling its low-cost, non-physician staff to screen patients proactively through virtual interviews, allowing for in-depth data capture that is clinically relevant to make timely and informed decisions, even outside of hospital settings.

Subtle Medical 

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Subtle Medical has developed a suite of deep-learning software solutions that take radiology workflow to the next level. SubtleMR and SubtlePET, both FDA-cleared and CE Mark-approved, feature cutting-edge deep learning algorithms that improve the efficiency of image acquisition while elevating the patient experience. The seamless integration of SubtlePET and SubtleMR with existing PACS systems and scanners means that imaging specialists won't have to change their workflow.

What’s Unique?

Subtle Medical's technology has earned international recognition from the AI and radiology communities and received an award from the Radiological Society of North America, RSNA. Additionally, their outstanding achievements have helped them secure the coveted 2018 NVIDIA Inception Award as the top AI healthcare startup in the world. Subtle Medical is collaborating with industry giants like AWS, Google Cloud, NVIDIA, and Intel to provide world-class AI solutions to hospitals.

Quid 

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Quid facilitates full-picture thinking by drawing connections across large volumes of written content, enabling top executives to extract valuable insights from big data sources, including media, patents, employee reviews, analyst reports, and company descriptions. The startup’s innovative technology has earned the trust of over 300 global companies.

What’s Unique?

By leveraging unique algorithms, Quid can scan vast quantities of global data in minutes, creating dynamic visualizations. This implementation allows leaders to have a more in-depth understanding of the contextual element of any topic or narrative. Quid system transcends the typical outdated static reporting or list-searching methods, providing a better, more insightful way of understanding complex data.

BioSymetrics 

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Biomedical raw data formats pose a challenge for traditional ML technologies, and the lack of standardization, normalization, and harmonization further complicates matters. Fortunately, BioSymetrics solves this problem by deploying its primary solution, Augusta, a pre-processing and analytics platform designed to handle massive amounts of data for predictive analytics.

With the ability to extract actionable insights from various biomedical data types like EEG and MRI, Augusta is a flexible tool that can benefit scientists, providers, hospitals, and biopharmaceutical companies. As data continues to pour in from billions of IoT devices, BioSymetrics' cutting-edge technology is the key to unlocking its full potential.

What’s Unique?

Augusta is the first biomedical-specific machine-learning framework that streamlines the data analysis process. By eliminating many tedious pre-processing and data integration steps, Augusta empowers professionals to focus on building superior models and gaining deeper insights – all within the familiar Python environment.

The system also works with diverse raw medical data types, including images, chemical structures, genomic data, and tabular data. It runs seamlessly across three modules: Pre-Processing, Machine Learning, and Architect.


Sensely

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Sensely is a revolutionary platform that uses avatars to provide empathy-driven support and services to insurance plan members. By utilizing Sensely’s scalable platform technology architecture, insurance companies can now offer personalized conversations to their members in a human-like manner, combining the best of both worlds - human empathy and technological efficiency.

What’s Unique?

Sensely offers support for 32 languages, making it an excellent choice for large organizations with diverse geographical and language needs. Its international team in London and San Francisco provides virtual assistant solutions to insurance companies, pharmaceutical clients, and hospital systems worldwide. Choose Sensely for all your global language needs.

InformAI 

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InformAI is a cutting-edge AI company specializing in healthcare solutions to improve the medical diagnosis and productivity of radiologists. Leveraging AI-enabled image classifiers and patient outcome predictors, developed in partnership with the world’s largest medical center complex, national physician groups, and a leading medical imaging company, InformAI is revolutionizing the healthcare industry.

What’s Unique?

InformAI stands out among other AI healthcare companies with its unique advantages, such as access to 10X larger privileged medical datasets, direct access to world-class medical experts, model optimization, and 3D neural network toolsets. Forbes acknowledged InformAI as one of the top eight startups leading the way in revolutionizing healthcare.

SaliencyAI

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SaliencyAI enables pharmaceutical companies to leverage artificial intelligence in their R&D departments. Their suite of tools simplifies the data science pipeline, making each process easier and more efficient.

Data Labeling

Use a single intuitive interface for all data partners to label and submit data in a standardized format.

Data Unification

Analyze several preexisting data sets with ease. Retrieve many heterogeneous data sources as a single, uniform data set with a single line of code.

Training artificial intelligence models

Efficiently create and train models with a few lines of high-level code. Automatically compare several cutting-edge models to find the best. Access models that have already learned from hundreds of thousands of data points to minimize your own data collection efforts.

Deployment

Empower your teams with user-friendly research tools backed by AI. Convert trained models into intuitive, HIPAA-compliant web apps automatically.

What’s Unique?

SaliencyAI specializes in meeting the requirements of AI development and deployment requirements in the pharmaceutical industry. They provide special attention to data security, ensuring compliance with HIPAA regulations and deploying algorithms that perform well on biomedical data.

To address the industry's specific analytics needs, their experts possess a nuanced understanding of biomedical research and data science. With combined expertise in AI, computer vision, software architecture, and medicine, SaliencyAI can serve the pharmaceutical industry.

Owkin

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Founded in 2016, Owkin combines life science and machine learning expertise to make drug development and clinical trial design more targeted and cost-effective. Owkin's machine learning algorithms create models that predict disease evolution and treatment outcomes. These predictive models offer multiple benefits, such as improved analysis, surrogate endpoints, patient stratification, and identification of subgroups. By leveraging these models, we discover better treatments faster while keeping costs low.

Owkin has created a groundbreaking network allowing on-site machine learning using real-world data from some of the world's leading hospitals. The healthcare industry's first at-scale solution for federated on-site machine learning is this network. Owkin can interrogate heterogeneous real-world data through this network while preserving patient privacy.

Additionally, the company works hand in hand with world-class clinicians to interpret its models' features to discover and validate novel multimodal biomarkers. This collaborative effort includes talented clinicians who work closely with Owkin to find and validate biomarkers that can be used to detect and treat various medical conditions.

What’s Unique?

OWKIN has launched an AI-powered network comprised of 44 hospitals and research institutions in the United States and Europe. Members include Cleveland Clinic, Mount Sinai, and Groupe AP-HP, a group of 39 hospitals in France.


Binah.ai

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Discover the future of AI with Binah.ai. The company’s expertise in machine and deep learning, signal processing, and AI is changing the game by making AI adoption faster and simpler. Through innovative solutions, Binah.ai is disrupting multiple industries by addressing high-value problems. As pioneers in health and wellness, Binah.ai has developed a series of non-invasive, video-based health and wellness monitoring solutions. Its cutting-edge technology transforms any device with a camera into a medical-grade healthcare gadget, giving an unparalleled advantage in health analytics.

What’s Unique?

Binah.ai is the only company offering clearly defined, pre-built use cases and offers signal processing-integrated data science. Their custom-built, proprietary, comprehensive, and complete mathematical back end and actionable intelligence strengthen the onsite data science team's capabilities. With end-to-end solutions focused on business results, Binh.ai solves real-world challenges with a production focus.


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