According to hospitals and health system C-suite leaders, 2024 will be the year of artificial intelligence integration, patient engagement 2.0 and regulation for the healthcare industry. Generative AI will revolutionize healthcare by integrating with a range of applications and we will see a greater focus on AI governance. Healthcare systems will also revisit the first generation of engagement tools and seek new ways to better meet the needs of the patients they serve.
CVS Health rebrands healthcare services business as it plots long-term growth strategy
After spending nearly $20 billion to pick up Signify Health and Oak Street Health this year, CVS rebranded its health services business to "CVS Healthspire" as it plots its long-term growth strategy. During the Forbes Healthcare Summit in New York City on Monday, CVS chief executive officer Karen Lynch said Healthspire will encompass CVS' pharmacy services business, its care delivery assets, including home health company Signify Health and Medicare-focused primary care player Oak Street Health, as well as its new Cordavis operation.
Google wants to make your cell phone a “doctor in your pocket” that relies on the company’s artificial intelligence. But first, the tech giant will need to convince skeptical lawmakers and the Biden administration that its health AI isn’t a risk to patient privacy and safety — or a threat to its smaller competitors. Google has assembled a potent lobbying team to influence the rules governing AI just as regulators start writing them. But members of Congress say they’re concerned that the company is using its advanced AI in health care before government has had a chance to draw up guardrails.
Nearly 60% of doctors who practice as employees of hospitals and other corporate entities say that non-physician practice ownership results in lower quality patient care, per a new survey. The 1,000-physician poll was conducted by the National Opinion Research Center at the University of Chicago and was commissioned by the Physicians Advocacy Institute. It aimed to examine the experiences of docs employed by hospitals and health systems, VC and private equity firms, payers and staffing agencies.
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