Priyanka Mathur, MD’s Post

Our afternoon was rounded out with panels focused on #venturecapital in #healthcare, the impact of digital innovation on #healthoutcomes and #telehealth. 💰Much funding from venture capital was misplaced during the pandemic. The market is now wiser about how and where to invest, and claims of using will #AI no longer cause VC to flock. “If you build it, they won’t come. Just because you have tech doesn’t mean you will have impact.” (Alyssa Jaffee) 📈Start ups in healthcare have also shifted success criteria - it is less about getting a number of users on a platform, and more about the actual outcomes they can drive. Panelists advised tech companies to 1) focus on driving the best outcomes possible, 2) starting with the outcome you want to enable, 3) ensuring you have a solid #memberengagement strategy, 4) all while on a secure platform. 💻Telehealth panelists shared stories of expansion to cover new types of patients / service lines and the overall high satisfaction marks from participating clinicians. hims & hers proudly can boast a 97% primary clinician retention rate in a day and age of huge shortages. These companies are also embracing AI, using it to create #personalizedmedicine recommendations in #behavioralhealth, stratify risk for patients in real time for boots-on-the-ground community workers to know and even in a research study at Talkspace on a provider’s level of empathy and impact with a patient. #DHSummit Modern Healthcare [Post 6 of 7]

Forum Ventures just released this fantastic report that about the changing tides in health tech, but this is also valuable reading for healthcare executives struggling with workforce shortages and tasked to "do more with less." Our key take aways: 1. Doing more with less, particularly as it pertains to workforce shortages, is going to require more automation of rote tasks and upskilling/leveraging your existing workforce in new/expanded ways—most likely tech-enabled. 2. Remote and hybrid care holds promise to help achieve #1 (addressing workforce challenges) but also expand access—still, we haven't seen the uptake/adoption as strongly as previously thought so much work (and innovation) remains to be done here. 3. Early detection and prevention is going to become more important—certainly AI is promising here, but we've also seen pure-prevention plays be a tougher "sell" than something that either treats a specific disease once it's already developed or causing someone's hair to be on fire today (i.e. tangible costs and poor outcomes)—unless it's a Quality measure! Thoughts? Read more here:

🌟 This Week in HealthTech 🌟 It’s been a dynamic week for HealthTech! 🚀 From breakthroughs in AI-driven diagnostics to advancements in remote patient monitoring, innovation is reshaping how care is delivered. Startups are gaining traction with behavioral health platforms, while major players push the boundaries in RCM solutions and health system integrations. 💡 Key Themes: ✅ AI-powered engagement tools are streamlining clinician workflows. ✅ Partnerships between health systems and tech innovators are expanding access to care. ✅ Digital health adoption continues to grow, particularly in chronic care management. 📊 With funding shifts and strategic acquisitions, it's clear HealthTech is in a phase of transformation. What trends are catching your eye? Let’s discuss! 👇 #HealthTech #DigitalHealth #Innovation #HealthcareTransformation

📰 Healthcare News 🏥 Health Catalyst 🤝 Lumeon Last week Health Catalyst, a leader in healthcare data and analytics technology, completed its acquisition of Lumeon, a digital health company with operations in the US. and UK. Lumeon's Care Orchestration technology is used by providers to streamline care coordination, reduce costs, and improve patient outcomes. This acquisition will allow Health Catalyst to enhance Lumeon’s platform with advanced AI, analytics, and data processing capabilities, further strengthening its offerings in clinical operations. Additionally, Lumeon's presence in the UK. will help Health Catalyst expand its market reach in the region and internationally. Health Catalyst have had a great 2024 so far, having signed more new subscriptions this year already than they did the for all of 2023! #HealthTech #Healthcare #HealthCatalyst #Lumeon #Acquistion #CareSoftware

Imagine visiting 3 different doctors and needing to repeat your medical history every single time. That's the problem interoperability is here to solve in healthcare. Interoperability means creating a seamless exchange of healthcare data across platforms and systems. When healthcare providers can access comprehensive, real-time patient data, the possibilities for personalized, efficient care grow exponentially. Here’s why interoperability is a game-changer for healthtech innovation 👇 🔹 Access to data at every stage enables doctors to make quicker, more accurate decisions, reducing delays that impact health. 🔹 Interoperability fuels research with diverse data, speeding up discoveries and precision medicine. 🔹 Streamlined data sharing cuts redundancy, freeing up providers to focus more on patient care. But it’s no small feat. For healthtech startups, tackling interoperability is challenging due to varying standards, privacy concerns, and legacy systems. Yet, startups can be agile, setting new standards for secure data sharing that larger systems may struggle to adopt quickly. For those in healthtech: prioritizing interoperability isn’t just a tech upgrade. It’s an investment in a more connected, effective healthcare future. If you believe interoperability is the future of healthcare, share this post with your network. #HealthcareInnovation #Interoperability #Healthtech #PatientCare

Trends and Disruptions in Healthcare and Health Tech Healthcare has been in a crossroad for a while, but we're seeing a lot of interesting things uniquely right now where it's like collaboration across sectors, right? You have traditional players like providers, payers, et cetera. And then you have like new tech companies like Best Buy, et cetera, like that are entering, you know, this and kind of disrupting, you know, how a lot models have traditionally operated. And then you also have like more broad scale kind of partnerships, like ecosystems rather than, and like platforms rather than like just traditional one-off partnerships that have really driven, you know, how healthcare and health tech have operated in the past few years. And then again, you know, to bring it back to AI is like a lot of these are going to be AI driven for the next few years until until a clear winner has kind of been determined out of this health tech arms race. So it's like companies kind of think of their strategies. You know, it's important to kind of layer in all the things that everyone else is talking about, but like really think of it. #bestbuyhealth #healthcare #partnerships

Well thats 12 weeks done and our base "Actionable insight" (Ai) model created: With medical devices being so fundamental to the provision of care, we have developed 3 simple steps within our ai model. 1 - Visual simplification, highlight the issue (750k device location datapoints/wk) 2 - Ai model, suggest options to user, balance available device v ward shortage 3 - Action "move x" from "non clinical corridor" to "A&E " 🛏 👈 🏃♂️ Plan is evolving, to create that hospital overview of where too few devices are located and to get in front of these challenges before they impact on patient care. Let clinical staff focus on their clinical roles! Lots more planned but MVP is now ready to further collaborate with our NHS Trusts. Thanks in particular to Fergus McClean, Barry Hodgson, Paul Watson, Ashmita Randhawa, DPhil, and especially to James Rawlinson for vision, support and feedback. If you are interested on finding out more please reach out to our team at https://lnkd.in/ekAnhTBs #nhs #flokihealth #datainnovation #nicd #newcastleuni

Scaling up a healthtech company sustainably requires a comprehensive and strategic approach, as these companies are distinct from typical organizations. Healthtech firms often act as intermediaries between healthcare providers and patients, focusing on both patient care and the broader medical ecosystem. To achieve long-term success, it is essential to define a clear vision and robust strategy, ensure regulatory compliance, and foster a strong team. By prioritizing sustainability in every aspect of the business, healthtech companies can create lasting value for patients, providers and stakeholders. Read more via https://lnkd.in/ehe8vrRb #nextrday #scalingup #healthtech #ai #sustainably #growth

Reflecting on an inspiring journey through Webit and the Future Forum, where we had the privilege of presenting LifeLink Monitoring by NexGen! At both events, we showcased how LifeLink is transforming healthcare with advanced remote monitoring and AI-driven solutions. By reducing the administrative burdens of healthcare professionals and enabling real-time patient monitoring with predictive analytics, LifeLink empowers medical staff to focus on what truly matters—patient care. The response was overwhelmingly positive. Investors, industry leaders, and professionals were captivated by LifeLink’s potential to tackle critical challenges such as the global shortage of medical staff and the need for scalable, cost-effective patient care solutions. Our engagements sparked meaningful conversations about potential collaborations, pilot projects, and investment opportunities that align with our mission to drive impactful innovation in healthcare. The journey through these events has strengthened our vision and reaffirmed the importance of building partnerships to create a better future in healthcare. #Webit #FutureForum #LifeLinkMonitoring #HealthcareInnovation #RemoteMonitoring #AI #PatientCare #InvestmentOpportunities #startup

Reflecting on an inspiring journey through Webit and the Future Forum, where we had the privilege of presenting LifeLink Monitoring by NexGen! At both events, we showcased how LifeLink is transforming healthcare with advanced remote monitoring and AI-driven solutions. By reducing the administrative burdens of healthcare professionals and enabling real-time patient monitoring with predictive analytics, LifeLink empowers medical staff to focus on what truly matters—patient care. The response was overwhelmingly positive. Investors, industry leaders, and professionals were captivated by LifeLink’s potential to tackle critical challenges such as the global shortage of medical staff and the need for scalable, cost-effective patient care solutions. Our engagements sparked meaningful conversations about potential collaborations, pilot projects, and investment opportunities that align with our mission to drive impactful innovation in healthcare. The journey through these events has strengthened our vision and reaffirmed the importance of building partnerships to create a better future in healthcare. #Webit #FutureForum #LifeLinkMonitoring #HealthcareInnovation #RemoteMonitoring #AI #PatientCare #InvestmentOpportunities #startup