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5 healthcare innovation trends to keep a close eye on

As healthcare’s digital transformation continues, new trends arise each year. Below are five innovation trends to which health systems’ innovation leaders have been paying especially close attention in 2021:

Investments in digital health startups

Digital health startups raised $14.7 billion in the first six months of 2021, which means the sector has already surpassed the $14.6 billion it raised in all of 2020. The five categories that received the most funding during this period were telemedicine, wellness, mHealth apps, analytics and clinical decision support.

Cleveland Clinic, Rochester, Minn.-based Mayo Clinic, Oakland, Calif.-based Kaiser Permanente, St. Louis-based Ascension, and Renton, Wash.-based Providence are among the largest health systems that have invested in digital health startups in 2021. One particularly noteworthy example of digital health investment came in May, when Kaiser Permanente and Mayo Clinic struck a joint strategic investment in Medically Home Group, a Boston-based tech services company that powers hospital-at-home programs.

AI for clinical decision support

Hospitals are increasingly adopting artificial intelligence-powered tools to support clinical decision making. Digital health startups focusing on clinical decision support raised $1.1 billion in the first half of 2021.Still, not all patients are sold on the technology. Some hospital CIOs think patients could warm […]

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