Data and Information

Jay Rughani, investment partner at a16z, discusses 2023 events, predictions for digital health funding in 2024 and proper AI regulation to avoid stifling innovation.

Also, Cipla has increased its stake in digital pharma solutions company GoApptiv.

Guidehealth acquired Arcadia's managed services organization and value-based care services division. It also signed an agreement to leverage its data analytics platform.

At the HIMSS AI Conference in San Diego, panelists discussed the steps needed to strategically incorporate AI into the healthcare setting.

Healthcare organizations and technology companies must work together to ensure responsible and ethical AI use and to explore the true benefits of AI.

Boston Children’s, CVS, Geisinger, UC San Diego and Wellspan are among the 28 providers and payers promising their AI and machine learning models are geared to ensure healthcare outcomes that are "Fair, Appropriate, Valid, Effective and Safe."  

Digital health stakeholders said that AI will be used next year to help ease administrative tasks for providers, improve clinical trial participation and increase transparency in healthcare.

Rock Health's Digital Health at the Turn of 2024 report found retailers as providers and data interoperability are scaling innovations in the sector, with lasting trajectories.

The tech giant revealed it created an LLM optimized for diagnostic reasoning with the ability to generate a differential diagnosis or assist clinicians in coming to a diagnosis.

Execs overwhelmingly cite genAI as having the most significant impact in healthcare this year, though others provide alternative takes on the years' events.