With $50M Springboard, New Initiative Plans to Evaluate Digital Health Tools

A novel $50 million nonprofit initiative, dubbed the Peterson Health Technology Institute, launched this week to evaluate digital health technologies and help cut through the hype to identify innovations that actually benefit patients.

Based in New York, The Peterson Center on Healthcare launched PHTI with the goal of assessing the clinical benefits and economic impact of digital health solutions, along with an offering’s effects on health equity, privacy and security. PHTI aims to publicize its methodology for assessment by September with 2024 as its timeline to begin evaluating technologies. The institute aims to fill the information gap created by health tech companies developing at a rapid pace following the COVID-19 digital health boom and the recent injection of artificial intelligence into healthcare solutions, Fierce Healthcare reports. Read more.

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