Category: digital health

Mayo, Cleveland Clinic, generative AI startup: 11 digital health investments

Digital health funding continued its steady pace over the past month, with Becker’s reporting on 11 companies raising more than $367 million. Here are those investment rounds.

BenevolentAI to cut about 180 jobs

BenevolentAI plans to lay off about 180 employees as the company also reduces its lab footprint and stops some drug discovery programs.

St. Luke's inks $30M deal with GE HealthCare

Bethlehem, Pa.-based St. Luke’s University Health Network signed a $30 million contract to install 21 of GE HealthCare’s CT systems powered by artificial intelligence.

Digital health megadeals down in Q1; first unicorn in nearly a year

Digital health megarounds declined 85 percent year over year, accounting for just $575 million in the first quarter of 2023, a new CB Insights report found.

Global digital health funding hits $3.4B — 4 takeaways

After digital health funding plummeted for four quarters straight, it has stayed steady, reaching $3.4 billion in the first quarter of 2023, according to a May 23 report from CB Insights. 

How a tech nonprofit got charity care changed at 40+ hospitals

Tech nonprofit Dollar For has gotten 40-plus hospitals to make their charity care policies more patient-friendly, Fast Company reported May 24.

Why Memorial Hermann, Boston Children's + MemorialCare got top digital health honors

Four health systems that were recently honored for digital health told Becker’s they’re focused on boosting virtual care, patient engagement online and remote monitoring.

Why Google and Amazon — and not startups — have 'made it into the clinic'

To get artificial intelligence to patients faster, health systems could standardize their procurement processes and the government could clarify the regulations for the technology, researchers from University of Miami School of Medicine and New York Ci…

The barriers to digital transformation in healthcare

As hospitals and health systems continue to accelerate digital transformation throughout their organizations, many do not consider the required changes needed — people, technology, culture and processes — for digital projects to be successful, Kathy Na…

'Digital health will just be healthcare': What hospital digital chiefs expect in 5 years

Healthcare will be more virtual, automated and consumer-friendly five years from now, while digital integration will feel seamless, several health system digital leaders told Becker’s.