Big Tech layoffs at Twitter, Amazon and Meta grabbed headlines in 2022, and the trend is continuing in 2023 as large tech firms continue to deal with an uncertain economic environment.
Category: Disruptors
GE HealthCare bets big on healthcare AI
GE HealthCare is developing a machine learning platform that can help health systems diagnose patients and assign beds, The Wall Street Journal reported Feb. 16.
5 areas where Amazon is increasing its healthcare investments
Amazon is continuing its push into the healthcare space by investing in healthcare startups and making acquisitions in the primary care space. But looking closer at the investments shows that the tech giant’s new business lines primarily focus on consu…
'A waste of $10B': Health system CIOs on CVS' Oak Street acquisition
On Feb. 8, CVS Health entered into an agreement to purchase primary care company Oak Street Health in an all-cash deal worth $10.6 billion, but some hospital and health system CIOs say this deal isn’t transformative as it isn’t big enough to “rattle” t…
CVS to issue bonds to fund $8B Signify Health acquisition; deal expected to close in Q2
CVS plans to issue bonds to help finance its planned $8 billion acquisition of home health company Signify Health, Seeking Alpha reported.
Hospitals must partner with retail disruptors like Amazon and CVS, AHA says
To compete with healthcare disruptors like Amazon and CVS, hospitals must partner with them and other Big Tech companies and boost convenience, access and virtual care, the American Hospital Association said in a Feb. 9 report.
Former hospital exec named national medical director at VillageMD
Former health system executive Bryan Becker, MD, has been named national medical director of VillageMD for the Texas region.
Optum vs. CVS Health after the $10.6B Oak Street deal
CVS Health plans to acquire Oak Street Health in a $10.6 billion deal, which will likely close later this year.
GE HealthCare set to acquire AI imaging company
GE HealthCare has entered into an agreement to acquire Caption Health, an artificial intelligence disease detection and ultrasound scanning company.
Google in the headlines: 5 recent healthcare moves
From growing its insurance business neary sixfold to launching an open-sourced large language model that exclusively addresses medical query, here are five healthcare moves from Google as reported by Becker’s Hospital Review since Jan. 5:
