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June 24, 2024, Issue #264

Editor’s note

This weekly newsletter is brought to you by the Damo and BigRio research and insights team.

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Digital Health in the News

If a doctor and an AI app both have 95% accuracy, what’s the difference?

Why wait 10 days to see a dermatologist when an AI app with nearly the same accuracy as a clinician can treat you the same day? That's a question providers may soon have to answer, says Mount Sinai's interim chief digital and information officer. Healthcare IT News

These 3 Things Must Change for Hospital Cybersecurity to Improve

Cybersecurity experts are recommending some changes to improve the healthcare industry’s defense posture — such as the introduction of government-enforced minimum cybersecurity standards for providers and greater collaboration between healthcare organizations. MedCity News

Change Healthcare Starts Notifying Data-Breach Victims

The UnitedHealth Group unit tells healthcare providers that medical diagnoses, insurance information, payment details and passport numbers could have been exposed in February breach. WSJ

Featured Offering for The Month

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Odyssey_Diagram-061-06

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Insights & Research

 Physicians’ Biggest Challenges: MedCentral’s Survey Results

From growing competition to patient nonpayment and staffing shortages, physicians are exploring new ways to bring in revenue and improve their medical practices. MedCentral

Chart of the Week

chart Jun 24

Source: MedCentral

Damo Thought Leadership and Media Mentions

Harnessing AI Innovation in Healthcare: Transformative Applications and Future Directions

This article explores the transformative applications and future directions of AI in healthcare, focusing on key areas such as GenAI, RAG, Med LLM’s, Enterprise search, secure and private search, and multi-agent AI systems. Damo Blog

2023 DigiMTM Digital Maturity Momentum Awards

We are thrilled to announce the recipients of the 2023 DigiMTM Digital Maturity Momentum Awards, recognizing excellence and contributions to digital transformation in healthcare. These awards celebrate individuals and organizations that have demonstrated outstanding commitment, innovation, and impact in advancing digital maturity within our industry. Damo Research and Thought Leadership

Six Trends In The Use Of Generative AI In Healthcare

Last week, we conducted the CHIME online focus group, with our esteemed CHIME healthcare provider members, discussing Enterprise AI Adoption and Governance in Healthcare. The focus was on evaluating current AI applications within healthcare systems, discussing AI’s potential to enhance operational efficiency and patient care, and addressing the challenges of data governance and security. Damo Blog

Research Report: Enterprise AI Adoption and Governance in Healthcare Organizations

Our annual survey of the state of Enterprise AI Adoption and Governance in Healthcare Organizations, as part of our CHIME Foundation membership, is out! Download the Report. Damo Research and Insights

Books Corner

rohit book
Paddy Book

Other Stuff We’re Reading

Transforming Public Health Practice With Generative Artificial Intelligence

Despite challenges such as data privacy concerns and the need for seamless integration into existing systems, the trajectory of AI development in healthcare is promising as tools continue to improve, says Alex Mason of FTV Capital. Healthcare Affairs

Digital Health Funding and M&A

Talkiatry Raises $130M To Expand Behavioral Health Access

Talkiatry’s funding round was led by Andreessen Horowitz. With the financing, the company will bring on more providers and advance value-based care. MedCity News

Pomelo Care scores $46M for virtual maternity care platform and more digital health funding

Marigold Health secures $11 million for AI-enabled peer support platform for mental health and substance use disorders. mobihealthnews

Knownwell acquires Alfie Health to integrate AI into its primary and obesity care services

On the heels of a $20 million funding round six months ago, Knownwell, an integrated primary and metabolic care provider, acquired a competitor in the obesity treatment market, Alfie Health. FIERCE Healthcare

Note: Some of the articles linked in this newsletter may be behind paywalls that need a subscription.

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