Jane Rho

In a recent report, only ~20% of healthcare executives claimed that they fully trust their data. At Fullsteam Health, we think that % is way too low. We're committed to reversing this trend with our automated data curation platform which was initially developed at Duke to address this very issue and allow for fast access to data that is needed and that has been cleaned, grouped, and continually monitored. https://lnkd.in/epWvPTDV

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Robin Goldsmith thanks so much for having Sameer Berry, MD, MBA on your show to talk about Oshi Health and our innovative care for #digestivehealth conditions. Such a great conversation around the challenges in #gastroenterology and how new care models like ours address them in ways that are a win for all stakeholders. #valuebasedcare #accountablecare #wholepersoncare

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LSI, BioscienceLA, #LAMedtechweek, and HLTH's #VIVE2024 event resulted in the latest GTM Pulse Check offering which has successfully taken off! As a result, I am continuing on last week's series of go-to-market tactics. Crafting a robust marketing plan is essential for medical device companies to thrive in today's world. By leveraging these outlined sections, organizations can optimize their marketing strategies and drive meaningful impact.This post takes a step back to outline the sections of a marketing plan. Read on 👇🏼 Looking for support in creating your marketing plan?  Let’s chat! Book here 👉🏼 https://lnkd.in/g92YA9WK _____ P.S. Enjoying my content? ⚕️Follow me for more tips on medical device commercialization and repost to share with your network. #medtech #gotomarket #medicaldevices #healthcareinnovation

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The "suburban rut" of saturated markets plagues both broadband providers and healthcare systems (IDNs). My recent blog post explores how this shared challenge presents a golden opportunity. Leveraging telehealth and innovative solutions can make reaching rural populations profitable for both sectors. This shift not only benefits patients with increased access to care but also unlocks new revenue streams. Over the last 4-5 years I have been drawn into projects that involve and impact rural communities. For those of you who know me, I have spent decades developing broadband access markets working for global network equipment manufacturers, and more recently as part of Harbor Pilots. In my Connected Hospital experience working with Integrated Delivery Networks (IDNs) the notion of "access" had a slightly different meaning for healthcare providers but the challenge with access in broadband and healthcare revolves around population density and the cost to reach people. Working with Duke Tech Solutions we provided State and Local Governments with tools to optimize the $42 Bn Broadband Equity Access Deployment (BEAD) funding from the NTIA. Here's a blog post about the opportunity for Telecom providers and IDNs to look at rural communities as an attractive market where they can retreat from the intense competition in saturated suburban markets. I'd love to hear your comments. https://lnkd.in/erJAtJUa

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Mandatory bundles in surgery are a bi-partisan objective, and (in)ability to optimize cost/quality will dramatically impact hospital P&L. Regular insights from granular data , and AI-based decision support are the only way to systemically reduce unwanted variability and be both profitable and high quality.

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Walmart Exits Healthcare Market: RPM Steps Up to Fill the Gap... Walmart's departure from the healthcare market, including its virtual health care services, will leave a void in care services for underserved communities. While hospitals and primary care providers (PCPs) remain the backbone of our healthcare ecosystem, their resilience is rooted in the trust relationships they've built with patients. This trust is a cornerstone of effective care, and RPM can help hospitals and PCPs extend their reach. RPM uses digital technologies to monitor patients' vital signs, health data, and other relevant information remotely, enabling healthcare providers to deliver timely interventions and preventive care. By leveraging RPM, we can: - Increase access to care for underserved communities - Detect health issues early, preventing complications - Deliver personalized care plans - Reduce healthcare costs - Empower patients to take a more active role in their healthcare As we move forward, RPM can help address the disparities in healthcare access and ensure that everyone has access to quality care, regardless of their zip code or background. Let's harness the power of RPM to create a more equitable and accessible healthcare ecosystem! #RemotePatientMonitoring #Telehealth #DigitalHealth #HealthcareAccess https://lnkd.in/eD7CcaEm

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Here is a disruptive idea we have been working on: Moving payments for ED clinicians from fee-for-service to global budgets. There is an opportunity to potentially test this in Maryland if we can get the stakeholders aligned. Here is an article on the topic we just published in Annals of Emergency Medicine Payment Innovation in Emergency Care: A Case for Global Clinician Budgets with Jonathan Oskvarek Arvind Venkat Bernard Black Ali Moghtaderi Marika Kachman Nishad Rahman Dr. L Anthony (Tony) Cirillo Arjun Venkatesh Dhimitri Nikolla. Emergency department should be thought of (and paid like) fire departments. Fire departments are paid a fixed amount and are paid for fire safety, not by the fire. The same applies to EDs, we should be paid to take care of a communities' needs and to prevent ED visits and to make sure people are ok afterwards. Makes sense, right? Michael Bond American College of Education Aisha Terry (formerly Liferidge) Michael Silverman Alison Haddock, MD, FACEP Ryan Stanton Robert Glatter, MD Gabe Kelen, Click this link for the article: https://lnkd.in/g7bfp-hz

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lol How is AI weaving its way deeper in to healthcare….🤔 As we navigate the evolving landscape of healthcare, the conversation around AI often gravitates towards its potential risks and downsides. However, there is also a different narrative—one where AI serves as a transformative tool for specialists making critical decisions about their patients’ and clients’ care. While some may fear that AI aims to replace healthcare professionals, the truth is far from that. AI is not about replacing the invaluable human touch that specialists and prodessionals provide, nor is it merely about speeding up processes. Instead, it’s about augmenting their capabilities, offering new perspectives, and providing a deeper understanding of each individual’s unique symptoms or scenario. AI tools like the ones we use at FirstHx empower regulated healthcare professionals and physicians with advanced insights and clarity. They offer an array of perspectives on how symptoms can be indicators or catalysts for various conditions, ultimately helping guide the professionals to make decisions around next steps in treatment or advice. This technology enables more focused and individualized care, ensuring that every action is tailored to the specific needs of the patient. By leveraging AI, healthcare professionals gain new tools that enhance their ability to serve their populations more effectively. It’s not about replacement; it’s about empowerment and improvement. AI in healthcare is about giving specialists the vision and clarity to make more informed, precise decisions, leading to better outcomes for all. Check out how we are assisting professionals strive for optimal outcomes at First HX. Here is our founder Mark Benaroia, MD, MHSc, FRCPC breaking down how the company and technology came to fruition in his latest appearance on the Maker’s Bar Podcast. https://lnkd.in/grna7gqf #AIinHealthcare #HealthTech #Innovation #PatientCare #HealthcareProfessionals #FirstHx #FutureOfHealthcare #mentalhealth #behaviouralhealth #AI #physician #psychology #BCBA #socialwork #medical

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Walmart is exiting healthcare. This doesn’t surprise me. Walmart was never designed for healthcare, it was designed for retail. Everyone wants a piece of the $4T pie, but it’s a pie full of indigestible ingredients that would make the biggest companies choke. Especially companies that were never built for healthcare. - fee-for-service doesn’t work, especially with very low fees - relying on legacy payors doesn’t work - using insurance for primary care doesn’t work - not paying providers enough doesn’t work - having a clinic next to gardening supplies doesn’t work Throwing millions at healthcare doesn’t automatically work with a large base that comes to you for something else. I believe a properly built and well-executed healthcare startup that “thinks differently”, will eventually move the needle on improving the American healthcare experience. It’s coming, and will surprise everyone.

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One key reason why healthcare technologies like AI, telemedicine, and software haven't structurally lowered costs or broadened access for the entire system after decades of experimentation (excluding pure financial engineering of payer contracts) is the limited reimagining of care delivery itself, with asynchronous telemedicine as a notable exception. In the same way that digitizing physical paper failed to exploit the capabilities of a new computing medium for word processing, hosting physician-patient conversations over video does not transform the actual delivery of care. In telemedicine, many of the inputs (e.g., clinician time) and therefore cost structures of in-person care persist, which is why we often see fee-for-service telemedicine companies struggle to achieve economies of scale (i.e., growing revenues non-linearly while growing costs linearly). Until we deconstruct the components of a medical appointment – from intake and triage, to chart review, history gathering, physical examination, diagnosis, treatment, and follow-up – we will continue to be underwhelmed by the disconnect between the transformative potential of these technologies and real-world patient/system impact. I’m optimistic that the emergence of reliable and performant medical AI agents will urge us to perform this deconstruction and redesign the fundamental building blocks of a “medical appointment.”

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Today, a little different post. I wanted to share a few personal thoughts on the start-up space and healthcare while highlighting my friend Divya Yerraguntla thoughts on emerging trends in healthcare investing. Healthcare has become a massive theme in venture capital and private equity. Health technology has created innovative solutions that revolutionize how we approach wellness disease management and healthcare delivery. Understanding the most prominent themes and health investing, from digital health to biotech breakthroughs, shows the trends shaping the future of private investment in healthcare. Digital health is reshaping traditional healthcare paradigms. From telemedicine platforms to wearable devices, start-ups are leveraging technology to enhance patient care, improve outcomes, and reduce costs. Investors are eyeing companies offering scalable solutions that streamline healthcare delivery, enhance accessibility, and empower individuals to take control of their health. Biotechnology is a hotbed of innovation, with breakthroughs in gene editing cell therapy and regenerative medicine promising to revolutionize treatment options for many diseases. Investors are allocating significant capital to buy tech startups with disruptive technologies and promising pipelines, recognizing the potential to address medical needs and generate substantial returns on investment. The era of one-size-fits-all medicine is giving to precision medicine, which tailors treatments to individual patients based on their genetic makeup, lifestyle, and environmental factors. With advances in genomics, molecular profiling, and biomarker identification, precision medicine promises to target therapies with greater efficacy and fewer side effects. Investors are betting on big startups pioneering precision medicine solutions, recognizing the value they bring to improving patient outcomes and reducing health costs. This week, my friends Divya Yerraguntla and Rashmi R. Rao from #HLWFAlliance are researching and covering emerging trends in healthcare investing. Add your thoughts to their posts, promoted in the comments below 👇 _________________________________________________________________________________ No more silos, just solutions! | Interdisciplinary outcomes uniting healthcare and wellness practices 🌟Follow our publication: https://lnkd.in/geruvmCj #HLWFAlliance #HLWFExpert #HLWF _____________________________________________________________________________

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What are some of the best examples of how AI is helping tackle and improve patient care? How is AI impacting patients in real time? These were some of the questions we tackled in a wide-ranging panel discussion at the recent Fortune Brainstorm Health conference. I came away inspired by the knowledge that we are actively deploying the technology in a multitude of ways, and as it evolves, its impact will only continue to grow. In a discussion moderated by Fortune’s senior writer Erika Fry, several of us shared insights into how it’s being utilized for precision care in women’s health, to assist clinicians with patient note-taking, in medical devices that deliver therapeutics, in assessing mental health, and in Carrum’s case, how it enables rigorous provider quality evaluations and in identifying patients at risk for chronic health issues even before they’re aware of it. # My take is that we can harness AI for virtually every component of patient care, but the human element is still key for the critical context we need to make decisions, and this is where care concierges who pull all the pieces together and steer the patients matter the most. AI has the potential to dramatically enhance the care concierge team's performance and help them serve patients more effectively. # Second, the challenge with healthcare claims data is that it’s not a clean set like it is in other industries like financial services. So cleaning up claims data is a project in itself. With patients facing critical health issues, weaving data into the mix needs to be done with care so it truly enhances the patient experience. We use AI to predict which members in a given population are on a path to an acute care event in the near future. This is where I see it truly making a difference - until now, health care has been sick care. But with sophisticated data analysis, we can upend that so health care is preventative care. Plus, data we currently generate from handling thousands of patients going through surgery and cancer care also informs all the potential ways to help future patients avoid pitfalls and navigate their care better. #fortunehealth #patientcentricai #patientexperience

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Interesting take from TechCrunch on AI within healthcare. I think given the pace of acceleration in the space that many of these qualms won't be relevant in a fairly short amount of time. But, interesting to note what some people are thinking about when it comes to AI in healthcare.

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Digital Health: Countervailing Forces… Consider this: over the past five years nearly $78 billion has been invested in digital health companies and yet just this past year over 20 million Americans were taken off the Medicaid rolls. Certain policy changes can be very damaging, to say nothing of other human-induced factors like pollution, climate change, wars, inadequate housing and education, and hunger which have staggering implications on health. At times it can feel like bailing water out of a sinking ship.    The overall venture capital activity in 1Q24 was a relatively muted $36.6 billion across 2,882 companies for an average round size of $12.7 million, as compared to $51.6 billion and 4,026 companies in 1Q23. Notwithstanding that the level of investment activity in the healthcare technology sector has receded from the $30 billion highwater mark in 2021 to a more manageable $10 – $12 billion annual pace, the opportunities to “transform the business of healthcare” remain obvious and acute. Arguably, the 2021 hangover still lingers in the healthcare technology sector as companies that raised too much capital at too high a price work to sort out challenging cap tables. Out of the 2021 mosh pit of too many companies, it appears that the sector is in an “Emerging Winners” phase that will drive companies with narrow and/or incomplete offerings to combine or shut down.   Thoughts on what to expect for the remainder of the year… https://lnkd.in/egy7Afhg Flare Capital Partners #digitalhealth

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Digital Front Door is a term I would love to see our industry stop using. It's long past the time for our industry to recognize that we need to BE digital, not just have a digital option - because that's what people expect from us. Limiting digital to a front door also perpetuates one of the biggest issues we have in healthcare today; requiring people to already know they have an issue and knowing where to go to find care. There is no single off the shelf solution to move us from a sick care system to a health care system, but there is an open standards architecture that we should ALL adopt so that we can innovate faster, modernize experiences and bring all kinds of companies together to create a more intuitive and proactive consumer experience.

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If health systems master the art of delivering a world-class consumer experience in urgent care, they can replicate this success across their entire operation, becoming market leaders and thriving in the long term. This is the core thesis of what we do at UCP Merchant Medicine. For nine years, UCP Merchant Medicine has partnered with 68 healthcare operators, most of whom are health systems, to create internal capabilities that allow them to thrive in consumer experience excellence. This isn’t just about having a world-class urgent care platform, this is about owning the future and the capabilities to expand these experiences across the broader health system. As healthcare shifts towards a consumer-driven model, the need for health systems to adapt is more critical than ever. Patients now have unprecedented freedom to choose their care providers, with 45% researching providers and costs before choosing a health plan, and 44% before making an appointment, according to McKinsey’s consumer Health Insights Survey. These improvements are not just numbers; they're about real people getting better access to the care they need when they need it in a way that they will love. This is what we stand for at UCP Merchant Medicine. Join us as we continue to innovate and lead the way in making healthcare more responsive, efficient, and patient-centric. Together, we can transform the future of healthcare! #HealthcareInnovation #PatientCare #UrgentCare #HealthcareLeadership #UCPMerchantMedicine Intellivisit Solutions

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Last Friday, we chatted with Carrie Liken and Christian J. Ward to discuss #AI and how its innovations are impacting #healthcare. Carrie explained the importance of recognizing that #providerdata is actually "#inventory." Understanding the intricacies of these data -- especially in the patient journey -- will be key for organizations taking a leap forward in combining quality patient care with cutting-edge AI #technology. Listen to the entire podcast here: https://okt.to/nzuYEW #HealthTechnology #ArtificialIntelligence #HealthcareMarketing #GEO #SEO

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