Did you know!!!! "It's no surprise that AI is dominating the discourse right now. But, one of the more surprising takeaways is how fast it's growing in healthcare." So far, in 2024, $2.8 billion has already been invested in AI healthcare companies, with Silicon Valley Bank projecting the sector to see $11.1 billion in VC capital deployed this year, the highest it has been since 2021. AI deal activity is dominating healthcare investment with 1 in 4 dollars invested in healthcare going toward companies leveraging AI, according to a new report. To all you companies out there, do you now need help with talent? #Recruitment #AI #healthcare #healthcareAI #health #Talent #Recruiting #hello #SVP #CTO #CFO #VP #Engineering #2024
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Hey Investors - GenAI is transforming healthcare ! BCG’s latest article highlights a paradigm shift in healthcare, fueled by generative AI’s capabilities. From accelerating drug discovery to personalizing treatments and expanding care beyond traditional settings, GenAI is creating new pathways to efficiency, accuracy, and patient engagement. Here are some stand-out insights: 🔹 New Roles & Expertise: 86% of companies with a Chief AI Officer see significant productivity gains, with firms actively training employees for AI-driven roles. 🔹 Investment Hot Spots: Key areas to watch include personalized diagnostics, biopharma R&D, and care delivery expansion. The impact? Improved speed, accessibility, and outcomes for patients. 🔹 The Value for Investors: With GenAI, large incumbents are set to gain the most due to their regulatory know-how and data access, yet hybrid tech-health startups are pushing boundaries and showing agility. As GenAI reshapes industries, the opportunity is vast, but success will come to those who innovate responsibly, ensuring quality, privacy, and transparency. What’s your take – will established leaders hold their ground, or will agile newcomers redefine healthcare’s future? #AI #GenAI #HealthcareInnovation #InvestmentOpportunities #FutureOfHealthcare #DigitalTransformation
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Recently, I had insightful conversations with the founder of a well-funded healthcare startup, the CEO of a public healthcare company, and a leading healthcare investor. A recurring theme across these discussions was the challenge of attracting top-tier AI talent in healthcare. Among the top reasons: 1. The slower pace of tech adoption in healthcare compared to other industries, which leads to longer timelines for implementation and measurable impact. Typically, AI engineers thrive in environments with faster adoption and feedback cycles, as these enable quicker iterations, deeper engagement, and continuous learning—factors that are often harder to achieve in healthcare’s complex ecosystem. 2. The complex interplay of healthcare’s precision demands and systemic challenges. I’m planning to dive deeper into these points and share some of our learnings from founding basys.ai and building an enviable team of AI talent. Stay tuned!
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Great insight in the Global Healthcare IT space
AI is revolutionizing the Healthcare IT landscape, driving significant growth and M&A opportunities. David DeSimone and Sarah Doherty from Capstone Partners (IMAP USA) share their expert insights on how artificial intelligence is transforming Healthcare IT M&A, creating new avenues for strategic investment. Explore how these advancements are setting the stage for future growth. 👉 Link to the full article in the comments. #HealthcareIT #MergersAndAcquisitions #HealthTech
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The technology landscape is set to change dramatically within life sciences companies in the next few years. A survey of over 120 top executives from pharma, biotech, medical devices, and healthcare companies by Deloitte sought to define the trends and influences likely to impact the sector. It emerged that most of these life sciences leaders were focused on the likely impact that drug pricing trends, regulatory trends, and consumer costs of healthcare would have on their sector. Most believed that these trends would compel them to improve efficiencies, control costs, and elevate their agility and responsiveness. That’s why they seem to be looking at technology initiatives like digital transformation, generative AI, and digital and virtual health tools. GenAI seems to be hot. 9 out of 10 executives believe that it will impact their organization in the next 12 months. 2 out of 3 companies are already experimenting with the technology in specific use cases. The areas where the impact could be felt include research and discovery, innovation and testing, as well as governance and oversight. Of course, to make generative AI work, these enterprises will need to put an enabling digital ecosystem in place. They will need better methods of collecting, processing, accessing, and analyzing data. They will need automated workflows and digital systems to create communication loops and to drive quick and responsive action. That may well be behind the interest in digital transformation initiatives. Contact me at [email protected] for a Digital Engineering Assesment. Mindsource has 30+ years experience helping companies increase efficiencies with GenAI, Digital Transformation, Automation, Custom Enterprise Software Development & Business Analytics & Intelligence in #LifeSciences #GenAI #GenerativeAI #DigitalTransformation #Technology #MedicalDevices #Healthcare #Banking #Fintech #ECommerce #Retail #Managedservices #GenAI #Customsoftwaredevelopment #Digitaltransformation #CIO #CTO
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AI is set to redefine healthcare, boasting a 48.1% annual market growth prediction through 2029. This surge promises to transform patient care, streamline operations, and unlock new medical breakthroughs. For businesses, it's a golden opportunity to innovate and stay competitive. To leverage this boom, companies should invest in AI research, forge strategic partnerships, and upskill their workforce. Those who act now will be at the forefront of a healthcare renaissance, driving efficiency, improving outcomes, and potentially saving countless lives. Don't miss out on shaping the future of medicine. We're here to help you navigate this exciting landscape – reach out to us today to start your AI healthcare journey. . . . . . . #EvolveDigitas #AI #Innovation #Tech #DigitalTransformation #Technology #AITech #ArtificialIntelligence
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AI is revolutionizing the Healthcare IT landscape, driving significant growth and M&A opportunities. David DeSimone and Sarah Doherty from Capstone Partners (IMAP USA) share their expert insights on how artificial intelligence is transforming Healthcare IT M&A, creating new avenues for strategic investment. Explore how these advancements are setting the stage for future growth. 👉 Link to the full article in the comments. #HealthcareIT #MergersAndAcquisitions #HealthTech
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Generative AI holds immense potential for healthcare, but talent shortages and lack of a clear plan are hindering progress. Gaurav Gautam, Revature's Global Head of Technology, Media & Telecomm, recently wrote an article for Future Healthcare Today . In the article, he discussed strategies that healthcare organizations and institutions can implement to successfully leverage #GenAI technologies for patient care. Learn how to upskill your workforce and unlock the power of #GenAI for better patient care. Read the full article: https://lnkd.in/gn_xiWAb #Talent #Training #TalentTransformation #HealthTech
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In the past three years, investors have committed $30 billion to AI healthcare companies. This wave of funding is sparking innovation and accelerating the development of AI-powered solutions. In his latest insight, partner Michael Ruggio shares where this capital is going and the impact it’s making. Read his full insight below. #AIHealthcare #HealthcareInnovation #ArtificialIntelligence #HealthTech https://lnkd.in/ewZrF8GT
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For all of us selling #generativeai solutions to #enterprises , the responses breaks down into three groups. 1. 𝗩𝗶𝘀𝗶𝗼𝗻𝗮𝗿𝗶𝗲𝘀: It's once in a generation opportunity. Interested. Lets talk. 2. 𝗣𝗿𝗮𝗴𝗺𝗮𝘁𝗶𝘀𝘁𝘀: It's interesting but we did not earmark budget, lets talk later. 3. 𝗖𝗼𝗻𝘀𝗲𝗿𝘃𝗮𝘁𝗶𝘃𝗲𝘀: cannot hang the hat on the results it delivers, we first need a risk assessment. For #3, push will come from the big consultancies like McKinsey & Company doing the advocacy work. Their push for adoption of AI at speed and scale will significantly shorten the product adoption cycle. Here is an example of how they describe for risk leaders to dip their toes in the pool of AI. #enterpriseai #enterprisesolutions #leasemanagement
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🌟 Groundbreaking news in the tech world: ABC Corp has just secured a whopping $500 million in their latest funding round, pushing forward their innovative advancements in artificial intelligence! 🚀 As we witness this monumental milestone, several predictions surface regarding the impact and future trajectory of AI: 1️⃣ **Acceleration in AI Integration**: With this significant capital infusion, we can expect ABC Corp to accelerate the integration of AI across various industries. This is likely to make AI more accessible and affordable, promoting widespread adoption. 2️⃣ **Driving Innovation**: The latest round of funding will undoubtedly drive further R&D within ABC Corp. We anticipate cutting-edge solutions and improved efficiencies in sectors like healthcare, finance, and logistics. 3️⃣ **Talent Magnet**: This substantial funding round positions ABC Corp as a top destination for global AI talent. It’s likely they will attract experts and innovators in AI, spurring novel advancements and fostering a collaborative environment. 🌐 **Global Implications**: - **Economic Shifts**: As AI becomes ubiquitous, we’ll witness an uptick in the creation of high-tech jobs, while some traditional roles may transform or fade away. - **Ethical Considerations**: There will be increased discourse around the ethical use of AI. It is imperative that ABC Corp prioritizes responsible development to harness AI's benefits while mitigating risks. 💡 **Opportunities for Businesses**: - **Early Adoption**: Companies should seize this moment to integrate AI solutions, streamlining operations, enhancing customer experiences, and staying competitive. - **Collaboration**: Businesses might consider partnering with or investing in ABC Corp's AI initiatives, fostering mutual growth and innovation. Framing these developments within a broader perspective: 🌍 **Societal Impact**: AI has the potential to profoundly impact societal structures, democratizing access to technologies previously out of reach for many communities. 🏢 **Corporate Dynamics**: This level of investment in AI signifies a shifting corporate landscape, where AI-driven companies could lead market transformations over the coming decade. In conclusion, ABC Corp's successful funding round signifies a pivotal moment in the AI evolution timeline. Businesses, governments, and societies should prepare for this tech wave, embracing the change while thoughtfully navigating the challenges it presents. #AI #TechInnovation #FutureOfWork #Investment #Innovation #ABCcorp
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