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In 2024, the health tech sector demonstrates resilience, with a notable recovery in public market performance and a surge in AI-driven innovations. Investors are increasingly focused on profitability and efficient growth, as companies like Tempus and Waystar join the health tech index, reflecting a market capitalization of $98 billion. The rise of AI Services-as-Software is reshaping the landscape, showcasing rapid growth and shorter sales cycles, while private equity firms capitalize on low valuations through significant take-private transactions.
Suki has secured $70 million in funding to enhance its AI assistant technology for healthcare, expanding partnerships with health systems like MedStar Health. The Suki Assistant, which streamlines clinical documentation and improves workflow efficiency, will be rolled out to thousands of MedStar clinicians in phases. With a 70% adoption rate among users, Suki aims to grow its platform business significantly, projecting it will account for over 50% of revenue by 2026.
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resilience and innovation define the health tech landscape in 2024
07:50 21.10.2024
suki secures 70 million to enhance ai assistant technology for healthcare
Abridge
Medstar Health Inc.
Amwell Associates LLC
Premier, Inc.
Suki
USA
Bryan Roberts
Punit Soni
Jeff Collins
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09:00 10.10.2024
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