I contend that the bigger issue is this. AI could potentially be very helpful, while also causing new problems. The…
Morning Headlines 2/9/23
CVS Health to acquire Oak Street Health
CVS Health will acquire Oak Street Health, a Medicare-focused primary care provider based in Chicago, for $39 per share in a deal valued at $10.6 billion.
Oracle moves its AI and data business units within its cloud infrastructure business amidst the departure of Oracle Cloud Infrastructure EVP Don Johnson and the company’s continued focus on healthcare.
NOCD Completes Additional Funding in its Quest to End the OCD Crisis
Digital OCD therapy startup NOCD raises $34 million in a financing round led by Cigna Ventures and 7wireVentures, bringing its total raised to $84 million.
Re: Oracle. Let us hope something meaningful will come out of the reorganization.
So far, no EHR vendor has really leveraged AI in their products.
Part of it is due to insularity of the healthcare industry from any real competition but part of it is also due to lack of willingness of EHR vendors and IT departments of healthcare organizations to meaningfully invest in AI capabilities (or partner with AI innovators – something like what Microsoft has done with Open AI).