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Tech-enabled healthcare: What exactly is it? Funding, IPO's and Future Trends

Lloyd Price

Artificial intelligence (AI) : AI is being used in a variety of ways to improve healthcare, such as developing new drugs and treatments, diagnosing diseases, and assisting with surgery. Tech-enabled healthcare has the potential to improve the quality, access, and affordability of healthcare.

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Lyfegen Raises $8 Million to Drive Down Drug Costs and Help Patients Access Life-Saving Medications

Healthcare IT Today

As a result, value-based contracting is becoming a more viable alternative for healthcare payers to only pay for drugs that actually work. Additionally, new drugs regularly enter the market, but when pharmaceutical companies fail to agree on commercial terms with payers, patients are at risk of being denied access to life saving therapies.