Matthew Holt is the founder & publisher of THCB made $300K the year it went public last year. I highly suspect you’ll find something similar at almost every big system.  . No one else made more than $500K. Now yes, he owned 4% of the company at the IPO and got awarded more stock. He is doing very well, but the point is that there were dozens of companies launching at Health 2.0 in 2008 and the vast majority don’t get close to an IPO or making any money for the founders, let alone the staff.  , which has 16 execs making more than $500K.  Which by my wild guess means that the ..read more

Mike Magee MD is a Medical Historian and regular contributor to THCB. He is the author of this is just the beginning,  CODE BLUE: Inside the Medical Industrial Complex  put it, “You want to have the experience we’re having — where we can have this very natural dialogue.” ” And they are fast to reinforce that stating on their website this morning “With GPT-4o, we trained a single new model end-to-end across text, vision, and audio, meaning that all inputs and outputs are processed by the same neural network. Because GPT-4o is our first model combining all of these modalities, we are s ..read more

Glen Tullman came on THCB to talk about . Transcarent has spent more than $125m (of the some $450m or so it’s raised so far) plugging an AI chatbot called Wayfinding into its various segments–which include the former 98.6 now rebranded as Transcarent Everyday Care. Wayfinding has benefits, clinical guidance and care delivery on one intelligent chatbot platform. No coincidence that this is released the same week as OpenAI released Chat GPT4o and the latest Google Gemini release. Make no mistake, this is a huge bet and probably the most aggressive, if obvious, use of an AI agent in health care I ..read more

It limits physical examinations (by definition) and rapport building, which treat infections caused by bacteria, like strep throat and whooping cough. They do this by either killing or slowing the growth of bacteria. Antibiotics save millions of lives around the world each year, but they can also be overprescribed and overused. of telehealth visits for respiratory tract infections resulted in antibiotic prescriptions, many of these cases were later found to , requiring additional courses of to prescribe antibiotics for urinary tract infections during telehealth appointments (99%) compared to a ..read more

My horizon is what a 22 my own mea culpa about my predictions for healthcare healthcare system could, will and should look like. I’m not willing to settle for what our early 21 ) but a recent column by tech writer Christopher Mims – What I Got Wrong in a Decade of Predicting the Future of Tech —  reminded me how easily we get overexcited by such things.    century one does. I expect I’ll continue to get a lot wrong but I’m still going to try ..read more

that last October the EPA was forced to rescind requirements that water agencies at least evaluate their cyber defenses, due to legal challenges from several (red) states and the American Water Works Association. Take that in. I’ll bet China, Iran, and others are evaluating them. The safety of the U.S. water supply is in jeopardy. Rogue nation states are frequently targetingthese critical infrastructures, and soon we will experience a life-threatening event.” That doesn’t sound like a long ways away. Tom Kellermann, SVP of Cyber Strategy at Contrast Security . “But that’s a long ways away ..read more

Let’s face it: we all already bet on health care. : “regardless of the legal classification of the activity as ‘not gambling’ vs. ‘gambling,’ this is an activity in which participants are risking something of value on an outcome that is uncertain. Therefore, there should be consumer protection measures in place for players, particularly when the target audience is skewed toward younger participants.” or you’re going to play pickleball or video games or even cornhole at a tailgate. There’s so many ways that you can compete with friends and family, and I think gamifying that and digitizing ..read more

But, as Mr. Thompson worries about with universities, the bigger problem in healthcare is goal ambiguity. . Just as all the college administrators helps keep driving up college tuition, so do all those healthcare administrators keep healthcare spending high. What do these people actually do? The sub-title sums up his thesis: “Bureaucratic bloat has siphoned power away from instructors and researchers.”  As I was nodding along with most of his points, I found myself also thinking: he might as well be talking about healthcare. highest percent spent on administrative expenses I think they sp ..read more

And they are out. ICER helped kill the digital therapeutics movement by , and letting several health plans use that as an excuse to not pay for them. Now Peterson, which is using a framework from ICER, has basically and is moving on to MSK, with presumably more categories to be debunked on deck. became a country & western singer and also got out of health care, although she’s a potter not a country singer. declaring several solutions for opiod use disorder ineffective said the same thing about diabetes solutions ..read more

But even the most astute minds struggle to grasp the implications of continuous, exponential growth. And that’s what we’re witnessing with generative AI. ChatGPT, MD: How AI-Empowered Patients & Doctors Can Take Back Control of American Medicine . Here are three major implications for patients and medical practitioners:    purported to outperform human nurses in various tasks at a significantly lower cost ..read more