Executives within the digital well being house shared with MobiHealthNews probably the most notable occasions in healthcare in 2023, together with generative AI shifting into the mainstream, the rise of ChatGPT, the autumn of Silicon Valley Financial institution and Medicaid disenrollment.
Matthew Stoudt, cofounder and CEO of AppliedVR
“Silicon Valley Financial institution was the clear Black Swan occasion of 2023 and despatched a shockwave by your complete system. It was unprecedented and created a number of uncertainty for founders and traders alike. That confirmed us all how fragile, but additionally resilient, our innovation business may be. What was actually notable was that everybody got here collectively – from the traders to different entrepreneurs – to determine the right way to make all of it work.”
Ankit Gupta, CEO and founding father of Bicycle Health
“Because the COVID-19 Public Health Emergency ended, the DEA launched proposed laws that might prohibit entry to telemedicine, regardless of overwhelming assist of its affect for sufferers. The proposed laws finally acquired greater than 38,000 feedback from sufferers and leaders, convincing the DEA to rethink their proposed in-person requirement and work on an alternate. This was a essential second for telemedicine at massive, and stands as a significant step in the precise route in defending entry to care.”
Amit Khanna, senior vice chairman and normal supervisor of well being at Salesforce
“For sure, the most important shock was generative AI – nobody may’ve predicted how a lot it might dramatically change the tech panorama. After ChatGPT was launched, tech corporations needed to pivot in a really quick interval to include genAI capabilities into their tech stacks. It is a new chapter in tech that may basically change how software program is constructed and consumed. It’s an ‘web’ second for tech – identical to ‘web’ modified all companies basically, genAI has the ability to vary the software program business.”
Munjal Shah, cofounder and CEO of Hippocratic AI
“The launch of ChatGPT from OpenAI was probably the most noteworthy occasion of 2023. For years, we have now talked in regards to the promise of AI, but it surely wasn’t clever sufficient. Now, we actually have AI that has 130 IQ vs. 60 IQ. Over the previous a number of months, traders, hospital methods and digital well being corporations have moved shortly to speculate capital and time into bringing the advantages of this expertise to bear.”
Eran Orr, CEO of XRHealth
“The Apple Vision Pro was the most important shock this yr. Previous to its launch, headsets have been both fully VR or AR, however Apple took a completely totally different strategy by combining each for a blended actuality answer. The Apple Imaginative and prescient Professional can be not nearly gaming however on a regular basis utilization that may finally exchange the pc. I used to be stunned that they got here proper out of the gate with a blended actuality answer.”
Ann Bilyew, SVP, well being and group normal supervisor, WebMD Ignite
“2023 has been a really tumultuous yr – one in all massive swings up and down with equal doses of innovation and retrenchment. We had the launch of applied sciences with super potential like AI/LLM, a reckoning following investor exuberance in digital well being in 2021 and 2022, main regulatory strikes from the OCR on digital advertising and marketing, and the cultural phenom of GLP-1 agonists.”
Russell Glass, CEO of Headspace
“We noticed AI-driven well being care develop into a subject of mainstream dialogue. Whereas corporations like ours have been utilizing AI for a number of years, it’s been fascinating to look at your complete business start to place concepts into motion and consider areas ripe for AI disruption. Whereas I’m excited to see the continued adoption of revolutionary applied sciences like generative AI, I share others’ considerations in regards to the dangers. As an business, we have to proceed very cautiously – particularly these within the psychological well being house, given we serve what’s arguably the nation’s most weak inhabitants.”
Doug Hirsch, cofounder and chief mission officer at GoodRx
“It’ll be arduous to overlook Medicaid disenrollment, which impacted hundreds of thousands of Individuals this yr. Those that depend on Medicaid protection now not have entry to very important healthcare due to procedural causes like lacking paperwork or outdated contact info. And this is applicable to a few of our nation’s most weak populations. It’s not proper, and we’re more likely to see a really tangible affect on the well being of communities in 2024 in consequence.”
