Health IT companies landed $1.3 billion in venture capital funding in the first quarter of 2023, up from the low point of late 2022 but still far off from the booming pandemic years, a new Pitchbook report found.

Fifty-eight percent of consumers say that having a unified digital platform will increase their ability to effectively manage their treatments and benefits, PYMNTS reported May 31. 

Several healthcare executives and leaders at Amazon have stepped down, left the company or taken a break from their positions in the last year. 

Hyro, a conversational artificial intelligence company used by Salt Lake City-based Intermountain Healthcare, Cincinnati-based Mercy Health and Coral Gables, Fla.-based Baptist Health, raised $20 million in series B financing. 

Ordaos, a drug design company, was selected for the AWS Generative AI Accelerator.

Walmart is boosting the wages of more than 7,000 pharmacists and opticians as it continues its push into retail healthcare.

Los Angeles-based Cedars-Sinai's new center, dubbed the Center for Artificial Intelligence Research and Education, will focus on "democratizing" artificial intelligence so all clinicians and biomedical researchers will be able to use it regardless of training or expertise, Jason Moore, PhD, director of the center, told Becker's. 

Fresh off unveiling its $100 million venture capital fund, Wellstar Health System said it plans to open a new innovation center in downtown Atlanta, Atlanta Business Chronicle reported.

While funding for remote patient monitoring companies has been up and down, the market is expected to grow exponentially by 2030 as clinicians and patients turn to wearables, Pitchbook reported.

EHR vendor Epic Systems continues to be the leader in the EHR hospital market share, with 83 hospitals joining its network in 2022, compared to Oracle Cerner, which only added 22. 

Retail clinics have exploded in popularity in the past five years, as health systems and pharmacy giants like CVS Health continue to open them, a new report from Definitive Healthcare found.

UCLA Health, Cedars-Sinai and more are accelerating their adoption of artificial intelligence to help them interpret data, build predictive models, streamline tasks and procedures, and to enhance communication with patients. 

Lancaster, Wis.-based Grant Regional Health Center is notifying 4,135 patients that some of their protected health information may have been compromised when an unauthorized party accessed one of its employee email accounts. 

Ascension Ventures, part of St. Louis-based Ascension, and CVS Health Ventures participated in a $166 million funding round May 31 for Strive Health, a tech-enabled kidney care provider that focuses on value-based care.

A breach at medical billing company MedInform has compromised the data of Cleveland Clinic patients.

Oak Street Health, a primary care network acquired by CVS Health in May, will expand into Arkansas, Iowa, Kansas and Virginia by the end of the year.

Hospitals, physicians and medical educators in Boston are all making use of ChatGPT and its generative artificial intelligence capabilities, the Boston Globe reported.

The venture capital arms of Salt Lake City-based Intermountain Healthcare and Cleveland-based University Hospitals joined in a $20 million series B financing round for clinical workforce intelligence company Axuall.

From 2017 to 2022, Epic was by far the most successful EHR vendor and the only one to gain hospital beds, according to KLAS Research.

Two Idaho Falls, Idaho-based hospitals and partnering clinics reported a cyberattack on computer systems May 30.