Renton, Wash.-based Providence has spun off a digital health startup after it received a $20 million investment.

Nine health systems are partnering with a venture studio aiming to launch digital health startups.

Digital health deal values plummeted in 2023, even as the number of deals increased, according to Pitchbook.

Sacramento, Calif.-based Sutter Health signed a new partnership to bring generative artificial intelligence to more than 12,000 affiliated physicians systemwide.

Rochester, Minn.-based Mayo Clinic has launched a mobile app that gives patients access to 24/7 virtual care, KEYC reported March 21. 

Rochester, Minn.-based Mayo Clinic Platform is helping bring digital health tools to market by launching Solutions Studios. 

Healthcare software company Symplr announced a new AI and machine learning offering called SymplrAI on March 11. 

Somerset, Mass.-based Mass General Brigham inked a 10-year commitment to artificial intelligence solutions with GE HealthCare in 2017, and the next step is integrating medical imaging foundation models into its AI research work.

Seattle-based investment firm Frazier Healthcare Partners closed its acquisition of end-to-end financial services company RevSpring from GTCR, a private equity firm, on March 12.

Digital health platforms must take a page from Big Tech companies — and largely do the opposite to succeed in healthcare, per an MIT Sloan Management Review article.

Chicago-based CommonSpirit is launching a digital consumer experience to meet patients' evolving expectations around ways to access care, which "will foster additional consumer relationships and greater loyalty," CEO Wright Lassiter III said during the health system's Feb. 29 investor call. 

NewYork-Presbyterian will make kosher electronic devices available for virtual visits after HHS received complaints.

Larry Ellison's cancer-focused software startup, Project Ronin, is shutting down, The Register reported March 1. 

Hollywood, Fla.-based Memorial Healthcare System says remote patient monitoring has been able to decrease hospital admissions, readmissions and emergency department visits, saving the organization $4 million.  

The former digital chief of Milwaukee-based Froedtert Health has launched a startup with 16 health systems as founding partners.

Private equity firm Thomas H. Lee Partners agreed to acquire all outstanding shares of Agiliti Health, a medical technology management and service solution provider in a multi-billion dollar transaction.

The value of digital health companies grew quickly during the pandemic as healthcare was forced out of the hospital. However, funding has dried up in the last two years.

UC Davis Health in Sacramento launched a digital inclusion program in partnership with Verizon Business.

As economic pressures on healthcare organizations begin to cool, hospital and health system leaders are looking to dedicate additional resources to initiatives focused on digital transformation, a Feb. 21 report from Panda Health found.

Former HCA Healthcare digital health leaders raised $4 million for their healthcare technology startup UnityAI.