In 2023, the digital health sector witnessed significant developments, with generative AI becoming mainstream, the release of ChatGPT, the collapse of Silicon Valley Bank, and Medicaid disenrollment being highlighted as key events. Executives from various companies shared their insights on these occurrences. Matthew Stoudt of AppliedVR noted the shockwave caused by the Silicon Valley Bank collapse, which highlighted both the fragility and resilience of the innovation industry. Ankit Gupta of Bicycle Health discussed the impact of proposed DEA regulations on telemedicine, which faced pushback from patients and leaders, emphasizing the importance of protecting access to care.
Amit Khanna from Salesforce pointed out the unexpected rise of generative AI, comparing it to an “internet” moment for tech, while Munjal Shah of Hippocratic AI highlighted ChatGPT’s role in advancing AI’s capabilities. Eran Orr from XRHealth was surprised by Apple’s Vision Pro, a mixed reality device, and Ann Bilyew of WebMD Ignite described 2023 as tumultuous, noting innovations like AI/LLM and regulatory changes. Russell Glass from Headspace observed the growing mainstream dialogue on AI-driven healthcare, urging caution in its implementation, particularly in mental health. Doug Hirsch from GoodRx raised concerns about the impact of Medicaid disenrollment on vulnerable populations, predicting significant health effects in 2024.
