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- Welcome to the Becker's
Healthcare Podcast.

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We at Becker's are excited

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to welcome more than 2,500
healthcare executives

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to Chicago next April
for our annual meeting.

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Over the four day event,

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you'll hear more than 450 elite hospital

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and health system executives.

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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.

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This event is close to non-providers.

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Unless coming through a sponsorship

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or exhibit, reach out
soon to sponsor the event.

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We'll be sold out by the end of the year.

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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.

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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 gaining valuable
insight for your business?

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Join the 300 plus sponsors

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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

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to reserve your spot today.