Executives within the digital well being area shared with Our blogNews essentially the most notable occasions in healthcare in 2023, together with generative AI transferring 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 means of your complete system. It was unprecedented and created numerous uncertainty for founders and buyers alike. That confirmed us all how fragile, but additionally resilient, our innovation business might be. What was actually notable was that everybody got here collectively–from the buyers to different entrepreneurs–to determine how you can make all of it work.”
Ankit Gupta, CEO and founding father of Bicycle Well being
“Because the COVID-19 Public Well being Emergency ended, the DEA launched proposed laws that would prohibit entry to telemedicine, regardless of overwhelming assist of its impression 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 serious step in the precise path in defending entry to care.”
Amit Khanna, senior vp and normal supervisor of well being at Salesforce
“For sure, the most important shock was generative AI—nobody might’ve predicted how a lot it might dramatically change the tech panorama. After ChatGPT was launched, tech corporations needed to pivot in a really brief interval to include genAI capabilities into their tech stacks. It is a new chapter in tech that may essentially change how software program is constructed and consumed. It’s an ‘web’ second for tech—identical to ‘web’ modified all companies essentially, 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 essentially the most noteworthy occasion of 2023. For years, we now have talked in regards to the promise of AI, however it wasn’t clever sufficient. Now, we actually have AI that has 130 IQ vs. 60 IQ. Over the previous a number of months, buyers, hospital techniques and digital well being corporations have moved rapidly to speculate capital and time into bringing the advantages of this know-how to bear.”
Eran Orr, CEO of XRHealth
“The Apple Imaginative and prescient Professional was the most important shock this 12 months. Previous to its launch, headsets have been both fully VR or AR, however Apple took a wholly totally different method by combining each for a combined actuality answer. The Apple Imaginative and prescient Professional can be not nearly gaming however on a regular basis utilization that may ultimately exchange the pc. I used to be shocked that they got here proper out of the gate with a combined actuality answer.”
Ann Bilyew, SVP, well being and group normal supervisor, WebMD Ignite
“2023 has been a really tumultuous 12 months–considered one of massive swings up and down with equal doses of innovation and retrenchment. We had the launch of applied sciences with large 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 the cultural phenom of GLP-1 agonists.”
Russell Glass, CEO of Headspace
“We noticed AI-driven well being care turn out to be 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 progressive 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 area, given we serve what’s arguably the nation’s most weak inhabitants.”
Doug Hirsch, cofounder and chief mission officer at GoodRx
“It’ll be onerous to neglect Medicaid disenrollment, which impacted tens of millions of People this 12 months. Those that depend on Medicaid protection now not have entry to 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 prone to see a really tangible impression on the well being of communities in 2024 consequently.”
