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Innovation

The healthcare industry is navigating the integration of AI with unique challenges and opportunities. Unlike other sectors, the stakes are exceptionally high, with successful AI implementation having the potential to improve patient outcomes and alleviate administrative burdens. 

Healthcare organizations are excited about generative AI, with more than two-thirds in the process of adopting the technology, but concerns remain, McKinsey & Co. reported.

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Renton, Wash.-based Providence is expanding an artificial intelligence platform that creates medical necessity scores to predict the level of care patients will need to 28 hospitals.

New Orleans-based Ochsner Health's venture capital arm, Ochsner Ventures, is launching a $10 million innovation fund aimed at investing in early-stage and health-related companies based in Louisiana.

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