Healthcare Innovation July 18, 2023
David Raths

Launched with a commitment of $50 million, Peterson Health Technology Institute will analyze the clinical benefits and economic impact of digital health solutions, as well as their effects on health equity, privacy, and security

By 2030, the global digital health market is expected to reach $1.5 trillion. Over the past decade, investment in digital health in the United States has increased nearly tenfold to $15.3 billion. Despite these investments, most digital health tools lack sufficient evidence to support their claims about clinical benefits. To address this issue, the Peterson Center on Healthcare has launched the Peterson Health Technology Institute (PHTI), a nonprofit organization that will provide independent evaluations of innovative healthcare technologies to improve health and lower costs.

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Topics: Digital Health, Equity/SDOH, Healthcare System, Investments, Privacy / Security, Technology, Trends
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