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Larger healthcare companies hold AI advantage, Morgan Stanley says
Morgan Stanley found that 94 percent of healthcare companies utilize artificial intelligence in some way and projected the average budget AI allocation to increase from 5.7 percent in 2022 to 10.5 percent in 2024. -
Elon Musk's SpaceX provides satellite internet for rural healthcare
A rural Appalachian healthcare provider has boosted its connectivity by switching to Starlink satellite internet from Elon Musk's SpaceX, Virginia Business reported. -
Mount Sinai, U at Buffalo, UPMC test brain computer interface tech
Brain-computer interface technology company Synchron announced the completion of patient enrollment for trials at New York City-based Mount Sinai Health System, University at Buffalo (N.Y.) Neurosurgery and Pittsburgh-based UPMC. -
Meet One Medical's new CEO
The incoming CEO of One Medical will bring plenty of hospital experience to his new role at the helm of the healthcare disruptor. -
Digital health company raises $26.5M
Better Life Partners, a virtual substance use disorder treatment company, raised $26.5 million in series B financing. -
3 digital health bankruptcies
As digital health funding has declined since the COVID-19 era, some former digital health unicorns have been forced to file for bankruptcy. -
The 'huge gap between hype and reality' for healthcare AI
While generative artificial intelligence will "completely" reshape primary care, there's still a "huge gap between hype and reality" for healthcare AI, a Mount Sinai Health System leader told Becker's. -
Digital divide affecting low-income patients, Reid Health CEO says
Craig Kinyon, CEO of Richmond, Ind.-based Reid Health, said the digital divide is disproportionately affecting low-income households in both urban and rural areas. -
St. Jude's dedicates $50M to tech-based initiatives
St. Jude Children's Research Hospital, based in Memphis, Tenn., will provide over $50 million in funding to launch six projects that are expected to create 54 new jobs across the hospital. -
One Medical CEO to leave company
One Medical CEO Amir Dan Rubin told employees Aug. 31 he plans to leave the company later in 2023. -
How Babylon Health went from $2B to bankrupt
Babylon Health, the London-based digital healthcare firm that was once valued at nearly $2 billion, filed for Chapter 7 bankruptcy of its two subsidiaries and looked to complete a sale of its U.K. businesses, TechCrunch reported Aug. 31. -
UW Health rolls out 'hospital at home' at 2 ERs
Madison, Wis.-based UW Health has launched a "hospital-at-home" program that will initially serve up to four patients at a time but that could care for 300 people a year starting in 2024. -
Baltimore VA Medical Center introducing virtual patient monitoring
Baltimore VA Medical Center entered an agreement with CareView Communications, a virtual care platform, to implement its advanced predictive patient monitoring system. -
AI-powered clinical trial company raises $15M
QuantHealth, an artificial intelligence-powered clinical trial design company, raised $15 million in series A financing. -
Michigan Medicine implementing a new data analytics platform for labs
Michigan Medicine, based in Ann Arbor, signed a three-year agreement with Hc1 Insights to make its data analytics platform the single source system for its laboratory division. -
New Mexico health system gets gig app for nurses
Presbyterian Healthcare Services, based in Albuquerque, N.M., is implementing ShiftMed's platform that will act as an on-demand workforce marketplace for local nurses. -
UC Davis Health piloting digital program for opioid surveillance
UC Davis Health's Digital CoLab, along with the CDC Foundation and the Boston Children's Hospital, launched a digital pilot program that allows public health officials to use a surveillance dashboard to track opioid overdoses nationwide. -
Digital health in August: 9 startups land $539M
While digital health funding hit a six-year low in the second quarter of 2023, promising startups continue to land big deals. Here are nine digital health investments Becker's reported on in the past month. -
AI can change healthcare on 'planetary scale,' Google Health CEO says
Karen DeSalvo, MD, Google's chief health officer, believes that artificial intelligence could change healthcare on a "planetary scale" by expanding access to care, The Washington Post reported Aug. 29. -
Community Health Systems to expand virtual sitting to 29 hospitals
Franklin, Tenn.-based Community Health Systems plans to expand virtual sitting to 29 hospitals as the program has been successful in preventing patient falls.
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