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January 27, 2025, Issue #293

Editor’s note

This weekly newsletter is brought to you by the Damo and BigRio research and insights team.

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📢 Webinar Alert

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Discover how Generative AI (GenAI) is transforming the healthcare landscape in this exciting and informative webinar. Join industry leaders and AI experts as they explore the latest and most impactful use cases of GenAI in healthcare. From drug discovery to patient care, GenAI is revolutionizing the way healthcare providers, researchers, and companies operate—enabling faster innovation, improved patient outcomes, and reduced operational costs. Whether you’re in healthcare or technology, this webinar is designed to give you practical insights on leveraging GenAI to stay ahead in the ever-evolving healthcare ecosystem.

 

👉 Register your interest to participate.

👉 Learn more

👉 Also explore our customized in-person workshops here.

Digital Health in the News

How Providence will use AI for marketing in 2025

With generative AI, the field is cluttered with point solutions and consultants positioning gen AI as a solution for all marketing challenges, which it isn't. Becker’s Health Review

How Ambience Is Saving Clinicians from ‘the Perpetual Dread’ of Documentation Overload

Idaho-based health system St. Luke’s is rolling out Ambience Healthcare’s AI platform across its enterprise following a successful pilot. The AI-powered scribing tool decreased clinicians’ documentation time by 39%. MedCity News

Telemedicine racks up big cost savings and enhanced care for Nebraska hospital

For complete emergency telehealth services with multiple specialties for 365 days, Chase County Community Hospital pays the equivalent of having one backup physician by phone for approximately 45 to 60 days. Healthcare IT News

How the Chief AI Officer at Children's National approaches clinical and admin automation

Alda Mizaku says the health system also is using artificial intelligence to boost predictive analytics efforts, among other use cases. Healthcare IT News

This Week in The Big Unlock Podcast

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Clinicians Are Going to Become Partners With AI

In this episode, David Berger discusses his journey from being an academic surgeon and oncologist to a leadership role in healthcare management. He also discusses his mission to simplify healthcare by making it more accessible and effective for everyone.

👉Listen now  

👉The Big Unlock Podcast Archives 

Insights and Research

Generate Value From GenAI With ‘Small t’ Transformations

Business leaders are getting real value from large language models by working their way up the risk slope and building the foundation for larger, future transformations. MIT Sloan Management Review

Hospital and Health System M&A in Review: Despite Industry Stabilization, Numbers Reveal Ongoing Distress in 2024

At the surface, 2024 appeared to be a year of industry stabilization. However, the numbers from hospital and health system M&A activity in 2024 confirm the unevenness of recovery and the challenges that many organizations continue to face. KaufmanHall

Featured Offering for The Month

CRM Consulting

GenAI Workshops

GenAI Workshop

Damo offers customized onsite, in-person healthcare-focused learning and ideation workshops to accelerate your GenAI journey. We recognize the need to support healthcare organizations in every stage of their GenAI readiness. Our workshop solutions include:

  • Interactive Learning Sessions: Organizations who are new to GenAI and has only basic awareness
  • Collaborative Ideation Work Sessions: Organizations who are now looking to focus on GenAI with identified use cases
  • Steering Committee & Governance Advisory: For those who are now ready to move ahead with GAI strategically but do not know where to start
  • Application Development & Implementation: For those who know what they want with GAI and need a reliable partner

👉Learn More

👉Book an Introductory Call

Featured Events

CHIME ViVE 2025: ViVE brings the leadership of CHIME and the marketplace of HLTH to create a digital health event focused on the business of transformation in healthcare. This year, ViVE is at Nashville, a major hub for the healthcare industry, during February 16-19, 2025

Damo Thought Leadership and Media Mentions

NEW! Unlocking the Future of Healthcare: Insights from David Berger, MD

In the 150th episode of The Big Unlock podcast, Dr. David Berger, discusses about the transformative potential of digital health and artificial intelligence in healthcare. Damo Blog

Scaling Telehealth Solutions with BigRio’s Accelerate Model to drive Innovation

BigRio partnered with a leading telehealth provider to scale its award-winning platform amidst surging demand. By deploying agile teams and enhancing features like security, cloud migration, and API integrations, BigRio ensured a competitive, secure, and scalable solution. BigRio Case Study

Transforming Patient Experience: Standardizing and Optimizing Contact Centers at a Large Health System

Sentara Health, a leading not-for-profit healthcare system, faced challenges with fragmented patient experiences across 13 contact centers. Partnering with Damo, Sentara centralized scheduling through the Clinical Access Center and unified contact centers under a comprehensive strategy. The collaboration improved cross-functional collaboration, standardized operations, and enhanced patient care, establishing a seamless, high-quality experience. Damo Case Study

Books Corner

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Other Stuff We’re Reading

Not enough hospitals are testing their predictive AI models for accuracy, bias, study finds

Many U.S. hospitals using predictive models are not evaluating their tools internally for accuracy, and fewer still are evaluating them for potential biases. FIERCE Healthcare

Digital Health Funding and M&A

Lindus Health secures $55M to advance AI technology for clinical trials

The round was led by Balderton Capital with participation from Visionaries Club and existing investors Creandum, Firstminute and Seedcamp. mobihealthnews

Top digital health funding: Eleos gets $60M for mental health AI

Investment firm Greenfield Partners led the round. The Michael & Susan Dell Foundation, venture capital firm Union Tech Ventures and mental health provider Centerstone also participated with a series of existing investors. Modern Healthcare

Do you have a question? If you want to speak with our expert healthcare consultants, please don't hesitate to contact us here. 

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