A whirlwind of activity last week at the America's Physician Groups conference. Lots of solid insights shared by health system leaders. Some notable thoughts: +++ Artificial intelligence is intelligent in different ways: By now, we all know ai has a diverse set of use cases, incorporated in different applications and tools. But there are fundamental differences in how the intelligence itself is brought to life. Examples include: - Predictive AI, used to forecast future outcomes by leveraging historical data. Shout out to UCLA’s CKD/ESRD early intervention protocol (Joycee Berin) and Diagnostic Robotics’ intelligence care post-dicharge journeys (Kira Radinsky) - Protocolized AI, used to automating a user’s administrative load by using a set of detailed, pre-defined rule sets. Thanks to ARC for sharing their experience using Elaborate 's automated outpatient lab summaries (Manish Naik) - Generative AI, used to create new content. Great overview of ambient documentation at MGB as well as Cedars’ Sinai talking through its medical ontology model powering acute triage (Caroline Goldzweig) Across system leaders and experts, there was clear agreement that the first step to implementing intelligence intelligently is defining the ‘jobs to be done’. That way, internal and external stakeholders are clear on what they're solving for when they architect the solution. +++ Scaling AI takes time and rigorous observation: Market leaders describe a phased pilot approach that allows clinicians to build confidence and system leaders to measure ROI before deploying systemwide. Loved hearing Rebecca Mishuris outline MGB’s novel approach of piloting two solutions against one another, to pressure test implementation, workflow, and value creation. +++ Proving ROI continues to be challenging: Lots of vendors using lots of different metrics to prove value, but the majority of leaders agreed that estimating the ROI of these new tools today is part science, part art. Demonstrating the ROI of the “soft” metrics around provider burnout and retention seemed to be a big opportunity, especially for investment in more efficient primary care and PCP wellbeing. After all, PCPs drive referrals to specialty-level care (and higher reimbursements) for health systems. Appreciated Anurang Revri's overview of how working team setup can also impact ROI estimates. +++ Value-based care = tools + humanity: VBC will require not only implementing tools to support clinical documentation, risk capture, upcoding, etc, but also humanizing interactions to engage patients. Countless examples, but one that made me smile was a depression focused chat bot responding in the following interaction: - Context: post-discharge check in Bot: Hi Freida, how are you feeling today after your surgery? Patient: I’m having a tough time, am in a lot of pain. Bot: Well, it can’t be that bad, I’m sure it will get better with a positive mindset! 🤣 🤣 🤣 Can't wait for next go-around!
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Congrats to Founder Collective and Bling Capital. Grateful to be in such good company 🧠 🧠 🧠 🧠
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Thanks to Ed Lee, MD, MPH for surfacing this. TLDR, Stanford University School of Medicine clinicians found no time savings for reactive inbasket workflow solutions (e.g. genAI pilots). Ultimately, writing a novel response vs. editing a prompted answer saves limited time. The real time savings and OpEx efficiencies come from the patient email that is never sent, using a proactively / preventive approach to inbasket (e.g. Elaborate ) https://lnkd.in/eUuHcpYX
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Solving real problems for real clinicians. This is what it's all about! 👏 👏 👏 👏 Looking forward to sharing more about our work with Austin Regional Clinic: ARC at the upcoming America's Physician Groups conference next week.
Elaborate solves your clinician’s inbasket challenges by automating personalized context to accompany the direct release of a patient’s #health data. Health systems use our software to deter #doctor time spent on administrative work and eliminate patient panic. Visit www.elaborate.com to learn how Elaborate can solve your organization's #inbasket problem.
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Wow, wow, wow! Congratulations to everyone on the team (both in New York and 'afar') - this recognition goes to you and your tireless work on behalf of all of our doctor users!
🌟 Proud to be recognized on the 2024 New York Digital Health 100! 🌟 Thanks to Digital Health New York for the recognition. We're thrilled to be included in this group of innovative movers and shakers in #healthcare. Check out some of the work we’re doing that helped us earn this recognition ➡️ www.elaborate.com #DH100 #DigitalHealth #NewYork #HealthcareInnovation #startups
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As the year comes to a close, we wanted to share some wins from '23 and express our deepest gratitude to our clients. Thanks to your partnership, we are making strides every day in our mission to solve the burnout crisis for healthcare workers. A big kudos to the Elaborate team for their exceptional work this year. I am so incredibly proud of all that we have accomplished together. Let's keep up the momentum and make 2024 an even bigger year of wins! 👏 👉 Read full blog post: https://lnkd.in/eHPR7Wrh
Elaborate
elaborate.com
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🏆 Honored that Elaborate has been recognized as one of the top Business Insider Healthcare Startups set to soar in 2024. What an incredible way to cap off the year! 🚀 Massive thanks to Jordan Nof for the nom and your unwavering support. This is a testament to the dedication and hard work of our exceptional team at Elaborate - your passion and commitment drive us to excellence every day in our mission to solve the burnout crisis for healthcare workers. As we turn the page to 2024, I couldn't be more excited about what's in store. This year is set to be our most impactful yet. LETS DO THIS 🌟 #HealthcareInnovation #BIStartups #GameChangers #2024Goals
25 healthcare startups that are set to take off in 2024, according to top VCs
businessinsider.com
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......and, this is why AI should not override doctors and their clinical judgments
UnitedHealth uses AI model with 90% error rate to deny care, lawsuit alleges
arstechnica.com
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Check out Grata winning all the awards!!! #bestinclass #techfirst #proudwife
Thank you Private Equity Wire for hosting last night’s awards ceremony! We especially liked the part where Grata won Best Deal Origination Technology of 2023. 🏆 Andrew Bocskocsky said it best: “Too many private equity professionals spend precious hours on tasks that AI can do in minutes. We’re proud to support hundreds of the world’s largest investors, advisors, and corporates with best-in-class technology that enables them to work smarter, uncover targets faster, craft stronger theses, and raise larger funds.” Thank you to the Grata users who voted! We are proud to make a platform that drives more deals for business development teams around the world. #dealsourcing #dealorigination #privateequity #businessdevelopment
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My parting thought leaving this panel: "If you take away one thing from tonight, it should be that cat videos were one of the forefathers of modern AI." Thanks to Bradley Tusk, Don Burnette, and the entire Tusk Venture Partners team for an engaging conversation full of laughter, lively debate, and the opportunity to discuss real case studies of applying artificial intelligent technologies. #NYTechWeek
Thanks to everyone that came out to our #NYTechWeek event tonight with Elaborate Founder Nicole Bocskocsky and Kodiak Founder Don Burnette. Great to hear from two of our rockstar founders who know first-hand about building companies in highly regulated industries.
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Clinical Partnerships at Guaranteed: VBC End of Life & Oncology Care | Fractional CMO | HealthTech Advisor
1moNicole Bocskocsky thanks for the share-out! Wonderfully valuable to read.