AI, chatbots, data monetization: Most disruptive health tech trends of '23

Health IT deals are expected to be in line with prepandemic levels in 2023, with an increase in activity for middle-market companies in the $200 million to $1 billion range, according to a report from professional services group KPMG.

Here are six other health IT highlights from the 2023 KPMG Healthcare and Life Sciences Investment Outlook released Jan. 9 that surveyed 311 corporate and private-equity deal-makers:

1. The majority of survey respondents said the shift toward value-based care and ongoing waste-reduction efforts will drive the greatest demand for health IT.

2. Some other predicted trends for 2023 include data mapping for clinical trials, new wearable or monitoring devices, and Oracle Cerner's planned health management product.

3. Many of the health IT deals in 2023 are expected to help providers and payers improve efficiency, clinical trials and clinical care.

4. The most disruptive tech trends in 2023 will be, in order, artificial intelligence and machine learning; natural language processing and HIPPA-compliant voice and chatbot applications; telemedicine; remote patient monitoring; data interoperability; shift to the cloud; chronic disease management; data monetization; and blockchain.

5. Some tailwinds for health IT include increased innovation; payers and providers seeking products and services that help lower costs; and a volatile stock market making mergers and acquisitions more attractive than public offerings.

6. The health IT headwinds include an oversaturation in the market for telehealth and some other consumer-facing technologies and budget limitations that could keep some customers on the sidelines.

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