Rachel Neill’s Post

Investing in digital solutions is no longer optional for healthcare systems; it's a matter of survival. Leaders who embrace this revolution are setting a new standard in patient care and operational efficiency. Yet, a troubling divide emerges, leaving laggards in a perilous position. This gap raises a critical question: Can we truly afford a healthcare system that operates at two speeds? Executives nod to the potential of digital transformation but often grapple with translating investments into real value. Is the problem one of vision, execution, or both? Consumer expectations are clear: a seamless digital healthcare experience is no longer a luxury but a requisite. Are health systems listening closely enough, or are they lost in translation? The demand for care at home escalates, pushing health systems to rethink traditional care models. But, is the pace of innovation matching the urgency of demand? AI promises a paradigm shift in healthcare efficiency and patient outcomes. Yet, its adoption lags, leaving untapped potential on the table. Why does healthcare hesitate while other industries leap forward? The key lies not just in investing but in aligning each digital strategy with overarching goals. But, are these investments strategic or merely reactive? The most controversial question yet: Are health systems prioritizing technological advancement at the expense of basic access to care for all? Let's debate. #AI #consumerexperience #remotecare

Health systems' top 12 digital investment priorities as reported by McKinsey & Co: Seventy-five percent of health system executives say digital transformation is a priority but lack the resources to make it happen, McKinsey & Co. reported June 7. Meanwhile, 88% of the healthcare leaders surveyed by the management consultant said artificial intelligence held the biggest potential of any technology, but fewer than half had invested in it. Here are the digital transformation areas where health systems have invested money, according to the survey of 200 leaders from across the globe (including about 60% in the U.S.): 1. Virtual health to drive patient experience and access: 76% 2. Revenue cycle management and back-office automation: 70% 3. Digital front door: 62% 4. Acute care workflow and throughput: 58% 5. Ambulatory care management: 55% 6. Remote patient monitoring: 54% 7. Contracting or value-based care: 51% 8. Virtual health to address labor shortages: 48% 9. Advanced analytics, AI, machine learning, generative AI: 45% 10. Cross-site capacity management: 45% 11. Robotics or physical automation: 40% 12. "Hospital at home": 36%

📚 Just read about the top 12 digital investment priorities for health systems in Becker's Hospital Review—exciting times for healthcare innovation! 🚀 From telehealth to AI, it's all about enhancing patient care and operational efficiency. At Talkdesk, we're stoked to be part of this digital transformation journey, providing CcasS to streamline communication and improve patient experiences. ❓ Which digital investment priorities is your org focused on right now? Article: https://lnkd.in/eGKiftzJ

𝐖𝐡𝐚𝐭 𝐀𝐫𝐞 𝐭𝐡𝐞 𝐌𝐚𝐢𝐧 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐢𝐧 𝐈𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐢𝐧𝐠 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐓𝐰𝐢𝐧𝐬 𝐢𝐧 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞? As healthcare races towards a digital future, digital twins stand out as a game-changing technology. But are we ready for the challenges they bring? Let's dive in. 𝟏. 𝐃𝐚𝐭𝐚 𝐈𝐧𝐭𝐞𝐠𝐫𝐢𝐭𝐲: The foundation of Digital twins trust relies on real-time, accurate data. In healthcare, where a minor error can have life-altering consequences, ensuring data integrity is paramount. How do we guarantee the digital twin accurately reflects its physical counterpart 24/7? 𝟐. 𝐈𝐧𝐭𝐞𝐫𝐨𝐩𝐞𝐫𝐚𝐛𝐢𝐥𝐢𝐭𝐲: Breaking Down Silos Healthcare systems are notorious for their fragmented nature. Digital twins require seamless data flow across various platforms and departments. Are our current systems up to this Herculean task? 𝟑. 𝐏𝐫𝐢𝐯𝐚𝐜𝐲 𝐚𝐧𝐝 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲: Walking a Tightrope With great data comes great responsibility. Digital twins in healthcare handle sensitive patient information. How do we balance the need for comprehensive data with stringent privacy regulations like HIPAA? 𝟒. 𝐒𝐜𝐚𝐥𝐚𝐛𝐢𝐥𝐢𝐭𝐲: From Pilot to Enterprise Successful pilots are exciting, but scaling digital twins across an entire healthcare system? That's a different ballgame. What strategies can make this transition smoother? 𝟓. 𝐂𝐡𝐚𝐧𝐠𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: The Human Factor Technology is just one piece of the puzzle. How do we prepare healthcare professionals for this paradigm shift? Training, mindset changes, and workflow adjustments are critical yet often overlooked. 𝟔. 𝐄𝐭𝐡𝐢𝐜𝐚𝐥 𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬: Navigating the Grey Areas As digital twins become more sophisticated, they'll start predicting health outcomes. How do we handle the ethical implications of such predictions? Where do we draw the line between helpful insights and potential discrimination? 𝟕. 𝐂𝐨𝐬𝐭 𝐉𝐮𝐬𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧: Proving ROI Digital Twin requires significant upfront investment. In an industry already grappling with rising costs, how do we demonstrate tangible ROI to stakeholders? The path to implementing digital twins in healthcare is fraught with challenges, but the potential benefits are immense. As we navigate this complex landscape, collaboration between technologists, healthcare providers, and policymakers is crucial. What challenges do you foresee in your organization's digital twin journey? Let's continue this important conversation in the comments! #DigitalTwins #HealthTech #DigitalTransformation #HealthcareInnovation #AI #DataDriven #FutureOfHealthcare #HealthIT #MedTech #PatientCare

An informative framwork from World Economic Forum and Boston Consulting Group (BCG) on How to ensure digital transformation in healthcare reaches its potential Based on interactions conducted by the WEF and BCG with more than 80 multi-sectoral leaders in healthcare and technology highlighted in the new Insight Report Transforming Healthcare: Navigating Digital Health with a Value-Driven Approach, and the Forum’s longstanding experience in value-driven systems transformation, they have outlined five key enablers that must be in place: 𝐔𝐧𝐥𝐨𝐜𝐤 𝐯𝐚𝐥𝐮𝐞 𝐟𝐫𝐨𝐦 𝐝𝐚𝐭𝐚 🔓 📊 : Harness fully standardized, interoperable data that can be shared across the care continuum while offering the highest levels of data security. 𝐈𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐞 𝐭𝐞𝐜𝐡 𝐚𝐧𝐝 𝐚𝐧𝐚𝐥𝐲𝐭𝐢𝐜𝐬 👩⚕️ 📲 : Create a unique patient ID tied to high-quality clinical, operational, and patient outcome data, ensure easy integration with technology infrastructure and build platforms that support AI analytics. 𝐄𝐧𝐬𝐮𝐫𝐞 𝐟𝐮𝐧𝐝𝐢𝐧𝐠 𝐚𝐧𝐝 𝐚𝐥𝐢𝐠𝐧 𝐢𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞𝐬 💰⚙ : Invest in infrastructure and solutions in a sustained way while delivering value-based incentives to enable digital adoption and collaboration. 𝐂𝐫𝐞𝐚𝐭𝐞 𝐟𝐢𝐭-𝐟𝐨𝐫-𝐩𝐮𝐫𝐩𝐨𝐬𝐞 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐩𝐨𝐥𝐢𝐜𝐢𝐞𝐬 🔖 📄 : Develop digital regulations and policies that support the ethical use of data and keep pace with evolving technologies (especially AI and generative AI). 𝐃𝐞𝐥𝐢𝐯𝐞𝐫 𝐡𝐲𝐛𝐫𝐢𝐝 𝐡𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 👨⚕️ 🏥 : Hire digital talent, upskill the workforce, establish implementation capabilities, and develop user-centric solutions to deliver better patient outcomes both in-person and virtually. for more details about the report see the link : https://lnkd.in/dQmjMdjb #digitalhealth #healthcaretransformation #AIinHealthcare #healthcareinnovation

🌟 𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐍𝐞𝐰𝐬! 🌟 I’m thrilled to announce our latest interview on the Andersen RnD channel with a special guest, Claus Torp Jensen, C-Suite Transformation Leader, Executive Advisor, and Chief Innovation Officer. In this conversation, our Head of Partnerships | Digital Health Solutions, Alena Burdzialouskaya, delves into the most pressing issues in healthcare transformation. These include the pivotal role of AI, digital tools, and the crucial aspect of patient centricity, all of which are shaping the future of healthcare. Together, they explore key questions such as: ❓ How should digital transformation take place in healthcare organizations, and who should be responsible for? ❓ What are the secrets to creating a new clinical digital product, from idea to market launch? ❓ What are the technology trends that will shape the future of patient-centric healthcare? Take advantage of this insightful discussion that bridges the gap between innovation and healthcare. Tune in to gain valuable insights from a leader who has been turning vision into action for over 25 years 😎 🔗 𝘞𝘢𝘵𝘤𝘩 𝘵𝘩𝘦 𝘧𝘶𝘭𝘭 𝘪𝘯𝘵𝘦𝘳𝘷𝘪𝘦𝘸 𝘩𝘦𝘳𝘦: https://lnkd.in/eNYXswH6 #HealthTech #DigitalTransformation #DigitalHealth #AIinHealthcare #Innovation

🌐 Here's your Sunday read: The Promise of Digital, Data, and AI 💡 The World Economic Forum, in collaboration with Boston Consulting Group (BCG), has released a powerful new report: "Navigating Digital Health with a Value-Driven Approach." This insightful report highlights how digital, data, and AI technologies can reshape healthcare systems to address persistent global challenges such as rising costs, workforce shortages, the chronic disease burden, and inequities in access and outcomes. Key Takeaways: 💰 $1.8 trillion in wasteful healthcare spending globally highlights the urgency for transformative change. 🚑 By 2030, the world faces a 10 million healthcare worker shortage, exacerbating access and quality issues. 📊 Digital solutions, like telemedicine and AI-driven platforms, are already making strides, but scaling them effectively is the key to unlocking their full potential. What’s Needed? To achieve scalable impact, the report emphasizes five enablers: 1️⃣ Interoperable, high-quality data and secure governance. 2️⃣ Robust technology and analytics to drive actionable insights. 3️⃣ Sustainable funding and incentives aligned with value-based care. 4️⃣ Hybrid delivery models that blend human-centered and digital solutions. 5️⃣ Fit-for-purpose regulations and policies to govern emerging innovations. The report also highlights inspiring case studies from around the globe—showcasing how AI, remote monitoring, and integrated platforms are already saving lives and reducing costs. As we approach 2030, the question isn’t whether digital health will transform healthcare but how quickly we can scale these solutions to achieve the transformative impact the world needs. #DigitalHealth #AIInHealthcare #ValueBasedCare #HealthInnovation #GlobalHealthTransformation

#AIStartups in #healthcare Check out this list of top #challenges for #healthsystems in adoption of #digitalsolutions and #AI from Becker's Healthcare, as they recap a study from McKinsey & Company. 200 global health systems executives participated in the survey, and it reveals some interesting insights driving these challenges including: * Obstacles to adoption * Lack of resources * Organizational readiness This means that your solution: * Cannot be point solutions * Must drive value that is measurable and meaningful * Should be easy to use and integrate into existing workflows Heena Purohit #startupsuccess #innovation #AIinHealthcare #HealthcareonLinkedIn

🌍 According to the World Economic Forum, unlocking the potential of digital, data, and AI in healthcare necessitates five crucial steps. Here’s how technology transforms patient care: 1️⃣ Standardize and secure interoperable data sharing: Ensure seamless and secure data exchange. 2️⃣ Integrate technology and analytics with unique patient IDs: Create cohesive and comprehensive patient profiles. 3️⃣ Ensure sustained funding and value-based incentives: Provide financial stability and encourage innovation. 4️⃣ Develop regulations supporting ethical data use and evolving technology: Promote responsible technology development and usage. 5️⃣ Deliver hybrid healthcare by upskilling the workforce and creating user-friendly solutions: Empower healthcare professionals and enhance patient experience. Implementing these steps can fundamentally improve patient care, making it more efficient, personalized, and accessible. Advanced digital tools and AI can facilitate early detection, reduce administrative burdens, and extend quality care to underserved populations. Let us harness the power of technology to advance global healthcare. 💡🤝 #HealthcareInnovation #DigitalHealth #AIinHealthcare #DataScience #HealthcareTransformation #ComputingForHumanity

Three out of four health system executives believe their digital investments aren’t hitting their mark, according to a McKinsey & Company survey. Primary care, although the bedrock of healthcare systems, has fewer resources, and making the right digital investments is vital for value. At Dr. Mary Tilak & Associates, we concentrate on investments that are likely to make the biggest impact on patients’ ability to take ownership of their health & our care team’s ability to manage risk. These investments include: - Tools that drive data-driven outreach for patients with chronic and complex disease and those who need timely preventive care - Analytics solutions that help our team appropriately assess the health risk of a population and drive resources accordingly - Devices and wearables that empower patients to track their vitals and other information related to their condition, including for weight loss, and communicate with our team - Tools for managing risk through quality care coordination - Patient portals that facilitate the patient taking ownership over their data One of our patients with underlying severe persistent asthma and pulmonary fibrosis became more short of breath, and her oxygen saturations started dropping at home, after a recent air travel. Our chronic care management team was able to recognize the urgency and alert our providers, who intervened immediately, obtained STAT imaging to rule out blood clots, and initiated appropriate antibiotics for pneumonia. An ER visit and hospitalization was avoided, and the patient outcome was excellent, with a quick recovery and quality of life. The positive impact our technology-enabled workflows deliver is phenomenal. Digital transformation for primary care doesn’t have to be complicated or expensive, but it must be patient-centered to provide value. Find out more about our approach to digital transformation for value-based primary care. Contact us. #healthcare #primarycare #chronicdisease #value #digitaltransformation #heathtech