- Welcome to the Becker's Healthcare Podcast.
We at Becker's are excited
to welcome more than 2,500 healthcare executives
to Chicago next April for our annual meeting.
Over the four day event,
you'll hear more than 450 elite hospital
and health system executives.
Share the big ideas and best strategies driving
healthcare forward.
Visit conferences dot becker's hospital review.com
to register or email agenda team at becker's healthcare.com.
This event is close to non-providers.
Unless coming through a sponsorship
or exhibit, reach out soon to sponsor the event.
We'll be sold out by the end of the year.
Without further ado,
here is your daily industry news briefing for today,
January 17th.
First venture capital firm, general Catalyst plans
to acquire Summa Health
and transform the health system into a for-profit entity.
Summa Health, which encompasses emergency, acute,
critical outpatient, and home care services, is set
to become a fully owned subsidiary of General Catalyst
through the Health Assurance Transformation Corp.
An entity it owns.
According to a January 17th news release from summer,
the two organizations are embarking on a due diligence
period to assess and refine specifics
of the proposed affiliation.
Throughout this process, some health said it is committed
to maintaining essential services without interruption.
Honoring current and planned commitments
and sustaining investments in Ohio
employees and initiatives.
The two organizations anticipate locking in a definite
agreement in the coming months.
Upon attaining regulatory approval in completing the
transaction, sum Health was transitioned into a wholly owned
subsidiary of the company.
The transaction will also lead to the establishment
of a community foundation aimed at
advancing Sum Health's mission.
This foundation will channel increased targeted investments
and social determinants of health according to the release.
This is the Venture Capital's first hospital purchase
after months of stating its goal to acquire a health system.
Second Epic release, its new showroom platform, January 17th
to connect its customers with digital tools
that work with its EHR.
The new website features Supply Shop,
where users can find resources for staff augmentation
and product support.
Seth Howard, VP of research and Development for Epic.
Sent in a January 17th LinkedIn video quote.
You can also explore the program,
which can help you fill intermittent leadership roles
by connecting you with a retired, retired healthcare execs.
End the product Hublets third party app maker.
Sell digital platforms that connect with Epic
users can get a sneak peek of brand new technology.
Epic and third party developers are creating together like
innovations with ambient listening and patient satisfaction.
According to Mr. Howard, the health grid section allows
customers to connect with payers, diagnostic labs,
and telehealth companies with life sciences
and medical devices coming soon.
Third, nearly one in five healthcare CEOs expect
that gen AI will replace at
- Least 5% of their workforce in 2024.
A new P PricewaterhouseCooper survey found,
however, that is below the 25% of CEOs across all industries
who predict the trend will happen at their company this year
With media and entertainment leading the way at 32%
according to the January 15th report
that surveyed 4,702 CEOs around the globe,
PWC Global Chair,
Bob Moritz sent a January 15th news release quote.
As business leaders are becoming less concerned about
microeconomic challenges,
they're becoming more focused on disruptive forces
within their industries.
Whether it is excelling the rollout of gen AI
or building their business to address the challenges
and opportunities of the climate transition, this is a year
of transformation.
Meanwhile, broader hiring trends could offset the AI
regulated reductions.
Nearly half of healthcare CEO say they expect
to increase their headcounts by 5%
or more in the next 12 months.
The survey found Are you interested in engaging in dynamic
conversations with hundreds of top health system executives
and gaining valuable insight for your business?
Join the 300 plus sponsors
and exhibitors at the Becker's 14th annual meeting April 11,
eighth through the 11th in Chicago.
Email Jessica Cole at j cole becker healthcare.com
to reserve your spot today.