EMPLOYEE BENEFITS BLOG
EMPLOYEE BENEFITS BLOG
Insights on Employee Benefits and Executive Compensation
EMPLOYEE BENEFITS BLOG
Insights on Employee Benefits and Executive Compensation

Healthcare Payors and Providers and AI Companies Voluntarily Commit to AI Principles

By , and on January 17, 2024
Posted In Digital Health, Employee Benefits, Health and Welfare Plans, Privacy and Data Security

The Biden administration recently announced that 28 healthcare payors and providers intend to implement and adhere to voluntary commitments for the safe, secure and trustworthy development and deployment of artificial intelligence (AI) in healthcare. The signatory companies aligned around the FAVES principle—namely, that AI should lead to healthcare outcomes that are fair, appropriate, valid, effective and safe.

Read more here.

Tags: AI, artificial intelligence, Biden administration, FAVES principle, healthcare payors, healthcare providers
Jennifer S. Geetter
Jennifer S. Geetter advises global life sciences, health care and informatics clients on legal issues attendant to biomedical innovation, research compliance, financial relationship management, digital health practices, and global privacy and data security laws. Jennifer represents a broad range of clients. Read Jennifer Geetter's full bio.

Purnima Boominathan
Purnima Boominathan delivers full-spectrum legal counsel to venture-backed and public companies providing business-to-business services in the digital health space. She has particular expertise facilitating the creation, delivery and implementation of telemedicine. Purnima advises innovators working at the intersection of artificial intelligence and healthcare and offers practical insights into healthcare data privacy and legal issues related to at-home laboratory services. Read Purnima Boominathan's full bio.

Jayda Greco
Jayda Greco works at the intersection of healthcare regulatory, privacy and compliance, product counseling and marketing law, with particular emphasis on digital health products and services. Often working cross-functionally with stakeholders in sales, finance, marketing and product, Jayda is adept at devising creative and practical legal solutions for digital health initiatives to meet business objectives. Read Jayda Greco's full bio.

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