In the first quarter of 2025, the global digital health sector saw a funding resurgence, attracting $5 billion, the highest since mid-2022, and a significant increase from $3.7 billion in the same period last year. A CB Insights report indicates that the rise in median deal sizes to $6.4 million reflects investors' favoring later-stage startups with regulatory achievements and scalable AI platforms. Additionally, mega-rounds of $100 million or more made up nearly half of the total funding, with AI-focused startups leading these deals, securing eight out of eleven mega-funding rounds, including Isomorphic Labs at $600 million and Truveta at $320 million.

Digital Health Startups Surge with $5 Billion in Q1 Funding MedCity News

Healthcare organizations are urged to establish strong AI governance frameworks before integrating artificial intelligence technologies. While adapting current oversight structures for AI governance is feasible, organizations must navigate uncertainties regarding industry standards and federal regulations to mitigate risks related to bias and ensure effective AI solutions. Recent legal cases illustrate the urgent need for vigilant governance. Additionally, as AI heavily relies on data, it is essential to incorporate data governance principles such as stewardship, privacy, and security into AI frameworks. With patients increasingly concerned about AI's role in their care, addressing issues like consent and data protection is critical for maintaining patient safety and trust in AI applications.

Healthcare Must Prioritize AI Governance to Ensure Patient Safety and Trust HealthTech Magazine

The Icahn School of Medicine at Mount Sinai is the first medical school in the U.S. to offer access to OpenAI’s ChatGPT Edu platform for its medical and graduate students, as well as select faculty and staff. This initiative aims to enhance collaborative learning and protect sensitive information, reflecting Mount Sinai's dedication to innovative education. The platform will aid in strengthening clinical reasoning and understanding complex medical cases, without replacing patient care decisions. Faculty will explore its potential in curriculum development, emphasizing responsible AI use and ethical considerations in medicine. Specific applications include assisting with programming, data analysis, research brainstorming, and content creation, supported by a dedicated Steering Committee and training opportunities.

Mount Sinai Pioneers AI Integration in Medical Education with ChatGPT Edu Newswise

Starting January 1, 2025, New York State Medicaid will begin reimbursing remote patient monitoring (RPM) services delivered by clinical staff, allowing for broader access to healthcare for residents. Healthcare professionals will receive $41.80 for every 30-day period spent managing remote monitoring under CPT code 99457. This expansion permits clinical staff like pharmacists and registered dietitians to offer these services under a physician's guidance, aiming to improve healthcare delivery. Alexandria Foley, RN, from Brook Health, highlights that RPM enables early identification and management of chronic conditions, fostering better patient outcomes. Brook Health utilizes an AI-powered platform to monitor various chronic illnesses, analyzing health data to provide tailored recommendations and insights for patients.

New York Medicaid to Fund Remote Patient Monitoring Starting 2025 Healthcare IT News

In the first quarter of 2025, the global digital health sector saw a funding resurgence, attracting $5 billion, the highest since mid-2022, and a significant increase from $3.7 billion in the same period last year. A CB Insights report indicates that the rise in median deal sizes to $6.4 million reflects investors' favoring later-stage startups with regulatory achievements and scalable AI platforms. Additionally, mega-rounds of $100 million or more made up nearly half of the total funding, with AI-focused startups leading these deals, securing eight out of eleven mega-funding rounds, including Isomorphic Labs at $600 million and Truveta at $320 million.

Digital Health Startups Surge with $5 Billion in Q1 Funding MedCity News

Healthcare organizations are urged to establish strong AI governance frameworks before integrating artificial intelligence technologies. While adapting current oversight structures for AI governance is feasible, organizations must navigate uncertainties regarding industry standards and federal regulations to mitigate risks related to bias and ensure effective AI solutions. Recent legal cases illustrate the urgent need for vigilant governance. Additionally, as AI heavily relies on data, it is essential to incorporate data governance principles such as stewardship, privacy, and security into AI frameworks. With patients increasingly concerned about AI's role in their care, addressing issues like consent and data protection is critical for maintaining patient safety and trust in AI applications.

Healthcare Must Prioritize AI Governance to Ensure Patient Safety and Trust HealthTech Magazine

The Icahn School of Medicine at Mount Sinai is the first medical school in the U.S. to offer access to OpenAI’s ChatGPT Edu platform for its medical and graduate students, as well as select faculty and staff. This initiative aims to enhance collaborative learning and protect sensitive information, reflecting Mount Sinai's dedication to innovative education. The platform will aid in strengthening clinical reasoning and understanding complex medical cases, without replacing patient care decisions. Faculty will explore its potential in curriculum development, emphasizing responsible AI use and ethical considerations in medicine. Specific applications include assisting with programming, data analysis, research brainstorming, and content creation, supported by a dedicated Steering Committee and training opportunities.

Mount Sinai Pioneers AI Integration in Medical Education with ChatGPT Edu Newswise

Starting January 1, 2025, New York State Medicaid will begin reimbursing remote patient monitoring (RPM) services delivered by clinical staff, allowing for broader access to healthcare for residents. Healthcare professionals will receive $41.80 for every 30-day period spent managing remote monitoring under CPT code 99457. This expansion permits clinical staff like pharmacists and registered dietitians to offer these services under a physician's guidance, aiming to improve healthcare delivery. Alexandria Foley, RN, from Brook Health, highlights that RPM enables early identification and management of chronic conditions, fostering better patient outcomes. Brook Health utilizes an AI-powered platform to monitor various chronic illnesses, analyzing health data to provide tailored recommendations and insights for patients.

New York Medicaid to Fund Remote Patient Monitoring Starting 2025 Healthcare IT News