As the buzz around artificial intelligence continues, top health systems are taking notice and hiring for AI-related roles.

ChatGPT, the AI-based chatbot developed by OpenAI, was released in November and has already been showing promising results for the healthcare industry as it can pass several benchmarking exams and was found to be more empathetic than physicians in answering patient questions. 

Los Angeles General Medical Center's home-based care program has cut patient stays by at least three days per patient, compared to the typical stay of around five days, LA Times reported May 5. 

Artificial intelligence and precision medicine tools can provide a wide range of benefits, and health systems nationwide are using them for a multitude of reasons.

UC San Diego Health is piloting a new initiative that uses QR codes to help patients see how their medical insurance information is retrieved and verified during check-in.

Inbox Health, a patient billing communication company, raised $22.5 million in series B financing.

Physicians from Orlando (Fla.) Health have been collaborating with their counterparts at a Puerto Rico hospital to advance robotic surgery on the island, Positively Osceola reported May 3.

When patients are admitted to the emergency room at Albuquerque, N.M.-based Lovelace Medical Center, they have their intakes done by nurses who aren't in the same room — or even building.

Despite a global slump in venture capital funding in April, the healthcare sector raised $5.7 billion, Crunchbase reported May 3.

Cowen Healthcare Investments raised $555.6 million to close on its fourth fund targeting healthcare. 

Some Colorado hospitals are backing a cancer diagnostics startup as part of a $58.75 million funding round.

Consumerism has taken over healthcare. Patients are in the driver's seat, and they are demanding high-quality customer service and more personalized experiences aided by digital tools.

DarioHealth, a digital health company focusing on chronic conditions, announced the pricing of a $14.3 million private placement of stock.

An emergency room physician at OSF HealthCare Saint Francis Medical Center in Peoria, Ill., won the health system's inaugural Innovator of the Year award for advancing a handheld ultrasound technology.

John Brownstein, PhD, chief innovation officer of Boston Children's, told Becker's that the organization is hiring a prompt engineer to work on large language models such as ChatGPT so that it can identify use cases and train its workforce on the most appropriate uses for the emerging technology. 

Former executives from Salt Lake City-based Intermountain Healthcare and retail pharmacy giant Walgreens were among the entities that joined in a $15 million investment round for medtech company Kinnos.

Healthcare innovation firm Patient Square Capital launched medtech incubator Elevage Medical Technologies with $300 million to invest.

Executives at Peoria, Ill-based OSF HealthCare say their $50 million medical simulation and innovation center has brought a return on investment of much more than that — and helped advance healthcare in ways that haven't been realized yet.

Odaia, a company developing an artificial intelligence-powered pharmaceutical platform, raised $25 million in series B financing.

Biopharma investors are staying focused on the oncology and immunology sectors as major mergers fuel growth in those areas, according to an April 30 report from The Compass.