New York hospitals are racing to save lives with AI
Mount Sinai, Northwell Health, NYU Langone and New York-Presbyterian are raising venture funding, partnering with tech companies and launching startups as they forge a path to future treatment advances and potential profits.
What if artificial intelligence ...
… could diagnose cancer earlier?
… could prevent heart failure?
… could simplify healthcare billing?
New York healthcare VC investments nearly doubled in 2024 from 2023 and venture capitalist are looking to invest in AI, but competition for dollars is stiff as hospitals and private enterprise fight for funding.
A survey of leading digital health executives show that billing and clinical decision support are among the top area AI will gain traction in 2025, according to a Digital Health New York report.
Successfully creating AI applications that address issues such as these not only improve patient outcomes, but can be lucrative and prestigious.
Here's how NY's hospitals are harnessing AI to address the future of health care.
$12 million
Seed funding investment for retinal imaging with Northwell Health.
$12 million
In seed funding for retinal imaging.
$100 million
State of the art research center
But to build AI applications, hospitals need investors.
These are the types of healthcare problems New York hospitals hope to solve using artifical inteligence as they race to secure billions of dollars in New York healthcare venture capital investments. The funding nearly doubled in 2024 from 2023.
Some have already started to
And some have already started building AI applications.
Some New York hospitals wondered the same thing.
$100 million
Mount Sinai's state-of-the-art research center
$2.0 billion
New York-Presbyterian's capital fund
Principal Investigator Yun Soung Kim, PhD, reviews a newly fabricated wearable sensor alongside postdoctoral research fellow Ashok Chhetry at Mount Sinai's newly opened Hamilton and Amabel James Center for Artificial Intelligence and Human Health.
Buck Ennis
Healthcare photos by Getty Images and Pexel
Digital Health New York's 2025 New York Healthcare Innovation Report