Latest / Becker’s Healthcare Digital Health + Health IT / General Catalyst to purchase Ohio health system, Healthcare CEOs expect generative AI to replace staff in '24 + more

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General Catalyst to purchase Ohio health system, Healthcare CEOs expect generative AI to replace staff in '24 + more · Becker’s Healthcare Digital Health + Health IT

• 0:00
  - Welcome to the Becker's Healthcare Podcast.
• 0:02
  We at Becker's are excited
• 0:04
  to welcome more than 2,500 healthcare executives
• 0:07
  to Chicago next April for our annual meeting.
• 0:10
  Over the four day event,
• 0:11
  you'll hear more than 450 elite hospital
• 0:14
  and health system executives.
• 0:15
  Share the big ideas and best strategies driving
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  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.
• 0:26
  This event is close to non-providers.
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  or exhibit, reach out soon to sponsor the event.
• 0:32
  We'll be sold out by the end of the year.
• 0:35
  Without further ado,
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  here is your daily industry news briefing for today,
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  January 17th.
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  First venture capital firm, general Catalyst plans
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  to acquire Summa Health
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  and transform the health system into a for-profit entity.
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  Summa Health, which encompasses emergency, acute,
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  critical outpatient, and home care services, is set
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  to become a fully owned subsidiary of General Catalyst
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  through the Health Assurance Transformation Corp.
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  An entity it owns.
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  According to a January 17th news release from summer,
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  the two organizations are embarking on a due diligence
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  period to assess and refine specifics
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  of the proposed affiliation.
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  Throughout this process, some health said it is committed
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  to maintaining essential services without interruption.
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  Honoring current and planned commitments
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  and sustaining investments in Ohio
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  employees and initiatives.
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  The two organizations anticipate locking in a definite
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  agreement in the coming months.
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  Upon attaining regulatory approval in completing the
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  transaction, sum Health was transitioned into a wholly owned
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  subsidiary of the company.
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  The transaction will also lead to the establishment
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  of a community foundation aimed at
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  advancing Sum Health's mission.
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  This foundation will channel increased targeted investments
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  and social determinants of health according to the release.
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  This is the Venture Capital's first hospital purchase
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  after months of stating its goal to acquire a health system.
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  Second Epic release, its new showroom platform, January 17th
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  to connect its customers with digital tools
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  that work with its EHR.
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  The new website features Supply Shop,
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  where users can find resources for staff augmentation
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  and product support.
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  Seth Howard, VP of research and Development for Epic.
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  Sent in a January 17th LinkedIn video quote.
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  You can also explore the program,
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  which can help you fill intermittent leadership roles
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  by connecting you with a retired, retired healthcare execs.
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  End the product Hublets third party app maker.
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  Sell digital platforms that connect with Epic
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  users can get a sneak peek of brand new technology.
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  Epic and third party developers are creating together like
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  innovations with ambient listening and patient satisfaction.
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  According to Mr. Howard, the health grid section allows
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  customers to connect with payers, diagnostic labs,
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  and telehealth companies with life sciences
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  and medical devices coming soon.
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  Third, nearly one in five healthcare CEOs expect
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  that gen AI will replace at
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  - Least 5% of their workforce in 2024.
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  A new P PricewaterhouseCooper survey found,
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  however, that is below the 25% of CEOs across all industries
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  who predict the trend will happen at their company this year
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  With media and entertainment leading the way at 32%
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  according to the January 15th report
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  that surveyed 4,702 CEOs around the globe,
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  PWC Global Chair,
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  Bob Moritz sent a January 15th news release quote.
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  As business leaders are becoming less concerned about
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  microeconomic challenges,
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  they're becoming more focused on disruptive forces
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  within their industries.
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  Whether it is excelling the rollout of gen AI
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  or building their business to address the challenges
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  and opportunities of the climate transition, this is a year
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  of transformation.
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  Meanwhile, broader hiring trends could offset the AI
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  regulated reductions.
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  Nearly half of healthcare CEO say they expect
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  to increase their headcounts by 5%
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  or more in the next 12 months.
• 3:54
  The survey found Are you interested in engaging in dynamic
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  conversations with hundreds of top health system executives
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  and exhibitors at the Becker's 14th annual meeting April 11,
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  eighth through the 11th in Chicago.
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  Email Jessica Cole at j cole becker healthcare.com
• 4:14
  to reserve your spot today.