2024 Digital Health Trends: A Year of Change

This episode explores the key shifts in digital health during 2024, drawing from the "Digital Health Trends (December 2024) Year in Review" report from CircleSquare. It was a year of significant developments and challenges across the industry. Key Discussion Points: ●EHRs: We'll discuss Epic's continued dominance and Oracle Health's new AI-powered EHR, along with the rise of specialty platforms and the plateau of interoperability. ●AI in Healthcare: This segment covers the rise of generative AI in areas like drug discovery, diagnostics, and administrative tasks, and how it is being used to fight with insurers. We will discuss AI-generated patient messaging. ●Consumer Health: We'll examine the complex state of telemedicine, the rise of mail-order pharmacies, the D2C trend among pharma, and the popularity of weight care and CGMs. ●Market Dynamics: The episode will cover financial pressures on rural hospitals and community health centers, increased private equity in specific practices, the move of doctors to employment by hospitals, and the increase in ransomware attacks. ●Value-Based Care: We'll discuss how Medicare Advantage is shifting towards population-based payment models. ●Digital Health Market: We'll analyze the struggles of many digital health companies on Wall Street, while highlighting some areas of growth. We'll also look at notable company closures, and we will review the drop in US adults' perception of healthcare quality. Report source: CircleSquare