Latest / Becker’s Healthcare Digital Health + Health IT / Alphabet healthcare arm Verily cuts jobs, CFOs split on AI's financial value + more

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Alphabet healthcare arm Verily cuts jobs, CFOs split on AI's financial value + more · Becker’s Healthcare Digital Health + Health IT

• 0:00
  - Welcome to the Becker's Healthcare Podcast.
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  We at Becker's are excited
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  to welcome more than 2,500 healthcare executives
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  to Chicago in April for our annual meeting.
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  Over this four day event,
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  you'll hear more than 450 elite hospital
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  and health system executives.
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  Share the big ideas and best strategies
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  driving healthcare forward.
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  Visit conferences dot becker's hospital review.com
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  to register or email agenda team at becker's healthcare.com.
• 0:25
  Without further ado,
• 0:26
  here's your daily industry news briefing for today.
• 0:29
  March 25th, first verily a healthcare
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  and life sciences arm of Google Parent Company.
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  Alphabet has cut jobs.
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  The company has reorganized the operations
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  of its immune profiler platform,
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  which uses molecular profiling for drug development.
• 0:47
  Ley spokesperson told Becker's,
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  the spokesperson emailed in a statement March 25th
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  to Becker stating quote,
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  this move is aligned with our portfolio.
• 0:57
  Reprioritization announced last year
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  as Verily invest its resources to accelerate solutions
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  that bridge the gap between care delivery
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  and clinical research.
• 1:07
  This was a difficult decision to make,
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  but we believe that it will best enable us
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  to deliver on our precision health promise.
• 1:15
  Veley had previously laid off an unknown number
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  of employees in October.
• 1:19
  The most recent round of job cuts was first reported
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  by Business Insider.
• 1:24
  Second, CFOs have mixed opinions on
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  how AI will affect the finances
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  of their respective health systems.
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  According to a report from the Healthcare Financial
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  Management Association
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  and eliciting insights, according to the report conducted
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  with 135 health system CFOs, they said
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  that CFO's pain points found that 39% of CFOs anticipate
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  that AI will lower cost.
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  While 27% said they will anticipate AI will increase
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  overall, overall cost 34%.
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  The effect said the effects of AI will be neutral.
• 2:01
  Third, Sacramento,
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  California based Sutter Health opened an 11,000 square foot
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  digital innovation center this month in San Francisco
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  to develop new healthcare AI
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  and remote patient monitoring platforms.
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  The San Francisco Chronicle reported March 22nd,
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  the 22 hospital system.
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  Signed a seven year lease for the space in January
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  and will bring its designers, developers,
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  and engineers together with Bay Area AI
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  and digital health firms to come up
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  with new healthcare solutions.
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  This is a long bet Chief Health CH Sutter Health Chief
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  Innovation Officer Chris War told the newspaper
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  products on development include in-home sensors including
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  for the bed, stove, and refrigerator
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  that track people's movements
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  to determine when they're at risk for falling
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  and AP to monitors, teens mental health
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  and a digital program
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  where hypertension patients keep tab on their
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  blood pressure from the home.
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  The center will also include a model hospital
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  - Room of the future, complete
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  with remote patient monitoring devices
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  and an Apple genius bar type setup
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  where patients can help the Sutter's Digital health apps
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  according to the story.
• 3:09
  Are you interested in engaging in dynamic conversations
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  with hundreds of top health system executives
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  and getting valuable insight for your business?
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  Join the 300 plus sponsors
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  and exhibitors at the Becker's 14th annual meeting April 8th
• 3:21
  through the 11th in Chicago.
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  to reserve your spot today.