A panel of venture capitalists and investors backing tech companies in the HME space said during the HME News Business Summit that the time is ripe for artificial intelligence (AI) to revolutionize provider operations, thanks to a convergence of macro trends. They point to a “perfect storm” of 1) increasing digitization, 2) a growing population of aging Baby Boomers and 3) an urgency for “better, faster, cheaper” operations making broad tech adoption a strategic imperative for HME providers. “Why (invest in HME tech) now?” said Josh Chin, a principal at Ansa Capital, which is backing Synthpop. “It’s a confluence of trends built around workflows and bottlenecks that prohibit growth. It’s a pain (that can be addressed) with advancements in AI.”
Read the full article: AI’s ‘Moment’ Has Arrived for HME Providers //
Source: https://www.hmenews.com/article/ai-s-moment-has-arrived-for-hme-providers