Some hospital leaders are optimistic that artificial intelligence could liberate their clinicians from hours of administrative work and return them to the bedside.

Cleveland Clinic is accelerating its pace with quantum computing as it looks to explore how quantum computing can optimize healthcare's complex systems and drug discovery as well as see if it can provide more accuracy than AI models. 

Despite the souring digital health venture market, large health systems with investment arms, such as Cleveland Clinic and Memorial Hermann, have still been active in financing innovative medtech companies.

Orlando (Fla.) Health said it became Walmart's first health system partner to provide patients with care not offered at the retailer's clinics and because both organizations share a goal of expanding access to healthcare.

Two distinct — yet similar — approaches for buying health systems emerged in 2023.

As the newly appointed chief AI officer of Phoenix-based Mayo Clinic Arizona, Bhavik Patel, MD, described his new role as the opportunity to be at the forefront of long-overdue disruptive innovation.

Kaiser Permanente Ventures, the investment arm of Oakland, Calif.-based Kaiser Permanente, co-led a $42.5 million financing round for women's medtech company Gynesonics.

Cleveland Clinic has introduced the Quantum Innovation Catalyzer Program, an initiative designed to foster competition among startup companies interested in investigating quantum computing's potential applications in healthcare and life sciences.

At the 8th Annual Becker's Health IT + Digital Health + RCM Meeting, Aaron Patzer, co-founder and CEO at Vital Software and former founder of the US’ #1 personal finance app Mint.com, led an interactive session on how artificial intelligence can improve patient experience and drive growth for hospitals and health systems.

Rochester, Minn.-based Mayo Clinic is using an artificial intelligence algorithm to identify a left ventricular cardiovascular disease that can go unnoticed until a serious cardiac event, the Post Bulletin reported Nov. 2.

Danville, Pa.-based Geisinger is using an artificial intelligence-powered workflow system to identify patients with lung abnormalities for further screening. 

Walmart Health has inked its first health system partnership.

Despite the $1 billion valuation, not all healthcare unicorns have been able to find long-term success. Becker's has reported on RCM, physician services and digital healthcare unicorns that have shut down or filed for bankruptcy.

Life sciences and diagnostics company Danaher appointed Christopher Riley as executive vice president for biotechnology.

World Rugby has adopted a smart mouthguard developed at Cleveland Clinic to help detect head injuries.

General Catalyst's recently launched Health Assurance Transformation Corp. plans to purchase a health system in the "$1 billion to $3 billion range" that will serve as a "blueprint" for healthcare transformation.

NYU Langone trustees Trudy Elbaum Gottesman and Robert Gottesman gave $9.8 million to the department of pediatrics at NYU Langone Health to help spur innovation in pediatric research. 

Naveena Yanamala, PhD, director of the Center of Innovation at Robert Wood Johnson University Hospital, has been appointed to the FDA's Center for Devices and Radiological Health Patient Engagement Advisory Committee.   

Despite a decline in healthcare venture funding, a report from CB Insights, found that there are still 121 healthcare unicorns, or companies with at least a $1 billion valuation.

Hoag Innovators, a philanthropic arm of the Newport Beach, Calif.-based health system, awarded $1 million to Hoag staffers' innovation projects, the Daily Pilot reported.