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Read about the key topics discussed last week at NACD Northern California's "Future Director Evolution: Technology and Other Advances in Healthcare" event—it was an uplifting evening, full of rich and insightful conversation about the future of health-care. ✅ Technological Advancements: The future of health-care is filled with excitement about technological advancements, such as enablers and new frontiers that can drive increased equity and impact in the industry. ✅ Artificial Intelligence (AI) Is a Game Changer: AI is a significant game changer in health-care technology, with discussions focusing on its transformative potential and whether health-care requires fundamentally different tech solutions compared to other sectors. ✅ Technology in the Boardroom: There was a consensus among the directors that while technology specialization is required for the boardroom and potentially to have its own committee, all directors need to enhance their technology knowledge and capabilities to effectively strategize and ask the right questions in this quickly evolving landscape. ✅ Driving Impact and Quality: There's a shared passion for leveraging technology to accelerate the pace and improve the quality of health-care delivery. Many are exploring how to adopt a more “tech company” mindset, emphasizing iterative approaches over radical transformations and setting ambitious goals (like “moonshots”) while reducing administrative processes and overhead costs. ✅ Humanity Vs. Scaling: There was a strong emphasis on maintaining human-centric care and considering equity within health-care technology initiatives. The aim is to blend technological advancements with compassionate and equitable practices, both now and into the future. A special thank you to our wonderful hosts Logan McDougal, Janice Pai, and Scott Texeira at Egon Zehnder for guiding the conversation and bringing us together. #healthcare #boardofdirectors

Thank you Maneesh Goyal, Mayo Clinic Platform, COO, for insightful discussion on using data and AI to democratize healthcare! Key highlights: - Mayo Clinic is 160 years old, serving 1.2 mn patients annually from 130 countries - Mayo Clinic Platform convenes healthcare stakeholders, such as researchers and innovative companies, and enables access to frameworks, data and tools to accelerate innovation and care - Mayo Clinic Platform provides its data set of 10mn de-identified patient data to AI developers to build new solutions - Created a blueprint to help clinicians discern bias and efficacy in data and solutions - Created Coalition of Health AI with Duke to offer a transparent communication framework for AI based solutions - Championing AI at scale in early disease detection - In predictive medicine using AI at scale. For example, takes data set of 10 mn patients and analyzes which drugs perform best for different demographic segments Link to full episode https://lnkd.in/emtSgdrX. Thank you for tuning into The Beat! #health #healthcare #wellness #ceo #leadership #innovation #technology #digital #business #data #ai #artificialintelligence #generativeai #venturecapital #privateequity #investment #entrepreneurship #founders #startups #grateful #media #podcast #codebreakermindset #hlth #mayoclinic #duke Mayo Clinic Duke University Health System HLTH

Hospitals are increasingly exploring the sale of in-house developed technologies, such as scheduling and clinical note summary tools, as a new revenue stream. A "perfect storm" of financial challenges and workforce shortages seem to be driving this trend. Leading players like #mayoclinic emphasize treating co-developed technologies as #intellectualproperty Mass General Brigham highlights #artificialintelligence potential for revenue diversification, having commercialised 26 AI products. Another hospital created a separate company from its hospital-at-home program, offering remote monitoring devices to other hospitals. Collaboration among competitors is rising, driven by financial strain and the need for diverse data sets in AI validation. The additional revenue could support hospitals' core mission of improving health. Are there lessons here to be picked up by hospitals in #asia ? IHH Healthcare Apollo Hospitals Ramsay Sime Darby Health Care Narayana Health General Catalyst Temasek Blackstone KKR Quadria Capital TPG #HealthTech #Innovation #HealthcareRevolution #AI #RevenueDiversification #HealthcareTechnology #privateequity #datamonetization Zubin Daruwalla https://lnkd.in/gjH7bcK7

Appreciate the #LeedsDigitalHealth shoutout Vladlen Shulepov! 🙌 Some very exciting and innovative digital health businesses listed here, well worth checking out.👇

#HealthTechInnovation: HEALWELL AI's Bold Leap into U.S. Healthcare 🇺🇸🚀 HEALWELL AI Inc. has partnered with WELL Health USA and Circle Medical Technologies, Inc. to bring its AI-powered solutions to the forefront of the U.S. healthcare market. 🧬 Expanding Reach: The collaboration with WELL USA and Circle Medical propels HEALWELL into a significant position within the U.S. healthcare system, aiming to improve early diagnosis and patient care pathways. 🧬 Gastrointestinal Insights: Utilizing Pentavere's DARWEN™ AI, HEALWELL will delve into the treatment outcomes of over 200,000 patients, enhancing support and potentially reducing costs for those with gastrointestinal conditions. 🧬 EMR Integration: Khure Health's AI will be integrated into Circle Medical’s EMR system, flagging potential early diagnoses of rare diseases and identifying patients for clinical trials across 30 states. Strategic Significance: 📊 HEALWELL's U.S. market penetration is a testament to the company's innovative drive and commitment to transforming healthcare through technology. 📊 This expansion aligns with the global shift towards AI in healthcare, focusing on predictive analytics and personalized medicine. Market Impact: 💡 The partnership is poised to streamline healthcare delivery, improve patient outcomes, and reduce costs, addressing critical needs in the healthcare sector. 💡 HEALWELL's AI integration into EMRs could set a new standard for patient data analysis and care, influencing future healthcare practices. Investment Opportunities: 💲 HEALWELL's strategic alliances highlight the investment potential in companies at the intersection of AI and healthcare. 💲 Investors should consider the long-term value of innovations that offer solutions for early disease detection and cost reduction in healthcare. HEALWELL AI Inc.'s CEO, Dr. Alexander Dobranowski, reaffirms the company's dedication to improving healthcare through early disease detection and enhanced patient outcomes. As HEALWELL extends its AI prowess from Canada to the U.S., it stands as a beacon for the future of health tech investments. For more insights into the evolving landscape of health tech and investment opportunities, follow Market Unwinded - Your compass in the world of strategic market foresight. Read More: https://lnkd.in/en4vVDFf #HEALWELLAI #USHealthcare #AI #PreventativeCare #StrategicPartnerships #InvestmentOpportunities #MarketUnwinded

{𝘙𝘦𝘨𝘪𝘴𝘵𝘦𝘳 𝘪𝘯 𝘤𝘰𝘮𝘮𝘦𝘯𝘵𝘴} Innovate to heal - what does the hospital of the future look like? 📅 Apr 10 18:00 CET Speakers: Tas Gohir, Senior intellectual Property, Innovation and Commercial Research Manager, Guy's and St Thomas' NHS Foundation Trust Eric King, Investment Director, Intel Capital Will Caldwell MD MBA, CEO, SaViaHealth Gustavo Cavenaghi, Head of Investments, Kortex Ventures Moderated by Fernando Moncada Rivera, Senior Reporter at Global Corporate Venturing Few people like having to go to hospitals, but everyone needs them eventually – so how can we make them as effective and efficient a possible? How can we bring our treatment centres up to date with today’s challenges? More hospital functions are being taken directly into the home, diagnostics are getting ever-more sophisticated, data and capacity management remain a constant challenge, and AI is augmenting the capabilities of medical professionals in new ways. Our panel of healthcare innovation experts will discuss how to accelerate progress in these areas and where investors and startups can have the most impact. #healthcareai #corporateventure #healthtech

How can clinical leaders align with CIOs and technical leaders to create compelling business cases for innovative technologies? James Colbert, MD, MBA, Chief Medical Officer, and Gordon Rosen, VP of Revenue at Memora Health, discuss creating these cases amidst resource constraints, diving into practical AI approaches to enhance staff and workflows. #MillenniumLive

Through our healthcare partners, we often hear about their long work in finding efficient solutions. So how can the innovation industry be better listeners and collaborators? 👀 An example of this is when we partnered with Nordsjællands Hospital in the Capital Region of Denmark. Patient falls is a known issue across hospital wards. The Department of Neurology had already worked extensively with minimizing falls. In only 9 months, staff managed with our AI solution to improve response time when a patient has fallen by 59%, and reduced patient falls by 47%. We followed three guiding principles to provide support in this partnership, which we believe could benefit all innovators in the industry. 🤗 Support: It is all about providing valuable support to the partner. Ensure that there is a seamless onboarding when introducing your solution. If they can understand it, you’ve already come a long way. 🤝 Collaboration: Do not just introduce your innovation and then ghost your partner. Instead think of them as a team member. Make sure everything works perfectly, that the team is well-supported and comfortable with the system. This also means that you have to follow up regularly to check on the user experience and feedback—allowing the partner to collaborate and have an impact on the solution. 🪡 Tailored to their needs: From the get-go, make sure to listen to their needs. What are the main challenges that they are facing in their role? Knowing where support is needed—that's where innovation comes in. Collaborators Lærke Hummelshøj Nørreslet Jacob Liljehult Lene Høyer Signe Høfsten Katrine Nymand Annette Sommer Jens-Peter Baatz Kristensen Pia Andersen Industriens Fond Nordic Health Lab #healthcare #teton #ai

Recently I shared the novel approach Dr. Michael Hasselberg and the University of Rochester Medical Center used for Rural Telehealth via Banks… well we also got to pick his brain! Dr. Hasselberg is the Chief Digital Health Officer at URMC and I was blown away by his passion and thoughtfulness across a broad range of topics: 👩⚕️ Why URMC’s KPIs for healthcare innovation are faculty recruitment and retention and NOT number of pilots or startup deals inked. 🚀 What healthcare startups get wrong when partnering with health systems 🌐 How URMC’s healthcare innovation lab uses an Open-Source philosophy to share healthcare innovation with other health systems 🤖 How we should think about the role of AI and chatbots for behavioral health Link to the podcast in the comments below 👇 #digitalhealth #healthcareinnovation

Had a lot of fun on this podcast with Andrew Parambath, Vivien Ho and the team from Pear VC. If you're interested in getting a deeper dive into the Coalition for Health AI (CHAI) and what we have in store for the coming year, as well as some random tips from a former fly fishing guide 🎣 , and also how to avoid being eaten by bears 🐻 , take a listen below! 👇