Official launch follows the 2022 pilot. Program underway at three network hospitals with plans to expand across entire network. Hackensack Meridian Health
Startups raised $1.1 billion across 77 deals in the first quarter — far lower than pandemic-era highs, but consistent with recent quarters. Healthcare DIVE
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
GenAI Odyssey Accelerator
Chat Interactively with Your Enterprise Private Data
BigRio Odyssey Accelerator enables businesses of all sizes who want to use GenAI to transform the way they search or query enterprise data, design workflows, derive enterprise analytics, report generation, dashboards, and more, to build a proof of concept before scaling it enterprise wide. The Odyssey Accelerator allows employees and other stakeholders of the organization to connect to all enterprise knowledge, search, chat, and query, without having to expose or compromise their data to the public domain.
Artificial intelligence can play a key role in diabetes management programs by enabling more personalized health "nudges" for members, which drives higher engagement and better health outcomes, according to new data released by Teladoc Health. FIERCE Healthcare
Featured Event
The Lilly Center Museum and Archives is the repository for historical records of ELI LILLY AND COMPANY and its founders, the Lilly family. Located at the Lilly Center at 893 South Delaware Street, the seeds of the Lilly Archives predate the company’s founding. While the Eli Lilly and Company Archives and Heritage Hall Museum are not generally open to the public, museum visits are available for company employees, friends, and guests. Last week, our Managing Director and CEO, Rohit Mahajan, had the privilege of visiting this archive. Thank you, Eli Lilly!
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
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
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
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
Typically, organizations in the midst of transformation efforts spend significant time and resources trying to correct massive amounts of “technical debt” — the price of years of short-term decisions and prioritizations that result in an overly complex technological infrastructure. But equally challenging is managing organizations’ often undiscussed “process debt” — the build-up of often antiquated, functionally isolated, and customer-disconnected ways of doing work. Without tackling process debt, companies won’t be able to realize the massive potential of technologies like AI. Remapping and reprioritizing how your organization does work can lead to startling results and focus your organization on the activities it’s better equipped to deliver. HBR
Headwaters High-Value Network aligns 19 independent hospitals for greater care coordination, cost savings and other efficiencies of scale. It's the second such network formed by advisory group Cibolo Health after North Dakota's 23-hospital Rough Rider High-Value Network. Fierce Healthcare
NeuroFlow acquired Owl, a provider of measurement-based behavioral health care. These types of consolidations will drive the future of behavioral health care, according to NeuroFlow CEO Chris Molaro.MedCity News
Note: Some of the articles linked in this newsletter may be behind paywalls that need a subscription.
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