Issue #276: Salesforce announces new AI-enabled tools for healthcare, Generative AI's impact on work, Habitat Health secures $50M, and more
Editor’s note
The Damo and BigRio research and insights team brings you this weekly newsletter. You can subscribe to receive it directly in your inbox on Mondays.
Digital Health in the News
Out-of-the-box generative artificial intelligence capabilities on Health Cloud, specific to provider operations, will be available in October through a new AI use case library. Healthcare IT News
A new series of reasoning models for solving hard problems. Available starting 9.12. Open.Ai
Some of the most difficult processes for digital health startups to navigate are those related to reimbursement and coding. Startups will often need to create entirely new codes for their products, so they should start thinking about this sooner rather than later, experts said at a recent conference. MedCity News
advice on procuring artificial intelligence filled the better part of a morning at last week's 2024 HIMSS AI in Healthcare Forum, where digital health leaders compared notes on how to separate signal from noise. Healthcare IT News
This Week in The Big Unlock Podcast
In this episode, David Brenner, Director of Clinical Informatics, Crystal Clinic Orthopaedic Center, discusses his journey into informatics and healthcare, the clinic’s expansion plan, their digital initiatives, role of AI in healthcare, evolving technologies, and patient expectations.
Featured Offering for The Month
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Insights & Research
A new study suggests that major pharmacy benefit managers may be focusing on specific payer segments in a bid to maintain strong market share. The analysis, released in the Journal of the American Medical Association , finds that CVS Health's Caremark holds the largest market share overall in the PBM space. Fierce Healthcare
The four largest pharmacy benefit managers in the U.S. control 70% of the national market, and most regional PBM markets are highly concentrated, according to new data from the American Medical Association (AMA). Fierce Healthcare
Featured Events
Explore the highlights from the Generative AI Workshop last week in Boston.
👉 Also explore our customized in-person workshops here .
Other Stuff We’re Reading
Research finds that companies have been slow to adopt generative AI and that the technology’s labor impacts have not been widely felt. MIT Sloan Review
For business leaders, especially at relatively small companies, the idea of applying gen AI to strategic planning is mouthwatering. This article explores the potential and limits of AI in helping such companies chart their strategies. HBR
annual health care spending per capita in the US increased from $8,877 to $13,493 between 2012 and 2022. A health care system that once relied on fair competition to constrain prices, improve quality, drive innovation, and ensure patient access has become highly concentrated. Health Affairs
Digital Health Funding and M&A
Habitat Health, an organization founded last year to provide care support to older adults at home, secured $50 million in capital from investors Town Hall Ventures, New Enterprise Associates and Kaiser Permanente. Fierce Healthcare
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