Industry leaders highlighted 2024’s transformative trends, from generative AI’s maturity and personalized care advancements to health system consolidation and emerging direct-to-consumer strategies.
Generative AI Gains Traction: Amit Khanna of Salesforce emphasized the advancements of generative AI, citing its evolution from novelty to essential tool, driving efficiency and innovation in healthcare.
Foundation Before AI Expansion: Don Woodlock of InterSystems warned that generative AI success hinges on robust infrastructure, data quality, and interoperability. Without these, AI’s potential remains untapped.
Direct-to-Consumer & Digital Health: Leaders like Liz Beatty, CSO at Inato highlighted the direct-to-consumer movement's growing role in biopharma and clinical trials, though success depends on bridging the gap between patient awareness and action.
Patient-Centricity & Personalization: Advances in telehealth, wearable technology, and AI were noted by leaders like Monica Cepak (CEO, Wisp) and Laurent Martinot (cofounder and CEO, Sunrise), who underscored their roles in empowering personalized care for women and addressing chronic health challenges through the effect of sleep, respectively.
Healthcare Consolidation & Financial Recovery: Liat Primor (founder and CEO, FeelBetter) observed significant gains in health system consolidation, suggesting a move to a more efficient workforce and better patient delivery. She is also bullish about the future of value-based care, reflecting that a notably successful year in terms of savings for ACOs will bolster financial stabilization and improved patient outcomes post-COVID.
The AI Inflection Point: Leaders, including Matt Cybulsky (LBMC) and Elliott Green (cofounder and CEO, Dandelion Health), stressed the emerging applications of AI across care delivery, life sciences, and clinical trials while advocating for caution around implementation costs and proven value.
Specialized Tech Empowerment: Innovations such as smart monitors and smaller machine learning models on devices like smartphones were cited by Chris Gervais (CTO, CodaMetrix) as steps toward personalized, tech-driven healthcare delivery.
Shifting Economics in Healthcare: Stability is predicted for Medicare Advantage plans and related ecosystems, according to Karl Ulfers (cofounder and CEO, DUOS), as challenges around distribution, Star Ratings, and risk management ease as we enter 2025.
This year's trends showcased healthcare's dual focus on technological advancement and patient-centric strategies, setting the stage for impactful transformations in 2025.
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