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Digital Health

Chicago-based CommonSpirit is launching a digital consumer experience to meet patients' evolving expectations around ways to access care, which "will foster additional consumer relationships and greater loyalty," CEO Wright Lassiter III said during the health system's Feb. 29 investor call. 

Hollywood, Fla.-based Memorial Healthcare System says remote patient monitoring has been able to decrease hospital admissions, readmissions and emergency department visits, saving the organization $4 million.  

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Private equity firm Thomas H. Lee Partners agreed to acquire all outstanding shares of Agiliti Health, a medical technology management and service solution provider in a multi-billion dollar transaction.

The value of digital health companies grew quickly during the pandemic as healthcare was forced out of the hospital. However, funding has dried up in the last two years.

As economic pressures on healthcare organizations begin to cool, hospital and health system leaders are looking to dedicate additional resources to initiatives focused on digital transformation, a Feb. 21 report from Panda Health found.

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