AI, digital health on rise in 2024. Optimizations sought for overworked healthcare staff and financial stress with tech solutions. AI seen as transformative but needs safety measures. Advice given for tech integration targeting efficiency, patient experience. AI could streamline non-clinical processes, control operating costs. Companies face lower valuations, reduced IPO interest, investment slowdown. Shifts needed for operational goals, focusing on health outcomes, cost management. Generative AI adoption progressing; workflow applications, EMRs might dominate uptake. Robust large language models in healthcare require careful implementation for accuracy, safety. Patient acceptance crucial; value of AI needs clear illustration. ePrescribing moving towards price transparency. Increased regulatory involvement expected as AI's application grows. Labor shortfall countered with automation enhancing efficiency. AI improvements in clinical documentation, billing promised. AI, data analytics advised for long-term strategy and financial health. Admin burdens reduced with AI, automation. Aging population, resource scarcity may drive healthcare innovation. Alternative EHR offerings providing competitive ROI foreseen. Generative AI could improve context of care, reduce rehospitalization, push value-based care. Executives advised to adopt technology as core strategy for growth.

Health technology in 2024: Projections for AI, digital health, and more Chief Healthcare Executive

2024 healthcare focuses on strengthening technology foundations after Covid-19 impact. Prioritizing necessary tech over novelty, healthcare organizations aim to streamline and optimize systems for efficiency and performance, benefiting telehealth and patient engagement. AI capabilities heavily influence this transformation. Increased tech-literacy within organizations and financial necessity also contribute. Despite 2023's funding slowdown leading to some startups closing, the industry remains optimistic, with recovery signs and new entities entering the healthcare sector, prompting organizations to emphasize their core strengths.

2024: The Year We Strengthen Our Healthcare Tech Foundations Forbes

Healthcare CIOs in 2024 plan to reinforce IT foundations, having innovated rapidly during COVID-19, according to a Forbes article. Need for advancements like AI are driving this focus shift. Annapolis Luminis Health's CIO, Saad Chaudhry, notes return to a pre-pandemic state is impossible. Providence's CIO, B.J. Moore, and Boston Children's Hospital's CIO, Heather Nelson, echo these sentiments, stressing a strong IT base for tech progress and innovation.

Health system CIOs plan to 'get back to basics' in '24 Beckers Hospital Review

AI and cloud computing expedite search for new battery materials. Microsoft and PNNL's collaboration yields promising solid-state electrolyte for safer, less lithium-dependent batteries. Despite long road for alternatives, generative AI accelerates this work. AQE platform identified 32 million potential battery materials, whittled down to 23 high-potential candidates in 80 hours. One produced working battery, combining lithium and sodium, reducing sodium usage by about 70%. Solid-state battery potentially safer than current lithium-ion batteries, but efficiency struggling. Process simultaneously highlights need for energy-efficient computing and improved batteries. AI and high-performance computing seen as accelerators of scientific discovery.

How Microsoft found a potential new battery material using AI The Verge