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The Healthcare Digital Transformation Leader

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My first book, The Big Unlock, was about the vast opportunity in front of healthcare organizations to harness data to drive digital health experiences. When I published the book in 2017, healthcare was horribly siloed. While new data sources were emerging, healthcare organizations were struggling to harness their patient medical records; they were stuck trying to move data across their multiple information systems (never mind that the data was poor quality anyway).

There’s a reason the subtitle to my book with Ed Marx was “how consumerism, technology and pandemic are accelerating the future.” A study published by consulting firm McKinsey points out to broad acceptance of telehealth among consumers as a factor driving the shift to virtual care. The report declares that as much as a quarter of a trillion dollars in healthcare delivery (out of an estimated $3 trillion in annual healthcare spend) will shift to some form of virtual care.

Digital health startups are having a moment. VC funding data published by VC firm Rock Health indicate that nearly $15 billion went into digital health startups for the first half of 2021. The funding levels have already surpassed the numbers for the full year 2020. To put it in perspective, VC funding for digital health for the current year may surpass the total amount of Meaningful Use incentives awarded for EHR implementations in an entire decade. Where are we headed next?

The pandemic has dramatically expanded the role of technology in healthcare delivery. In the new era of digital/virtual/in-person care, new technologies for telehealth and virtual care models have not replaced the existing technologies – in fact, they are new and additional layers of technology that have to be actively managed and integrated with the existing technology stack. Paradoxically, digital transformation has led to more work for CIO’s and digital health leaders.

With the CMS final rule having gone into effect and information blocking now no longer (hopefully) an issue, a new wave of innovation is getting underway. Last week, I wrote about Apple and the new health-related tools they are launching, many of which are based on information from EHR systems that consumers are granting access to. 

Over the weekend, I decided to link my Apple Health app to the Epic MyChart application from my primary care provider. Before I confirmed my choices, I had to walk through a few screens telling me clearly what I was signing up for. Here is the part that I found most interesting:

Meet Paddy at HIMSS21

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THE HEALTHCARE DIGITAL TRANSFORMATION LEADER

Sign up to get Paddy’s Newsletter that is personally curated by Paddy along with analytical notes on the developments for the week.

newsletter-blog-homepage-banner

THE HEALTHCARE DIGITAL TRANSFORMATION LEADER

Sign up to get Paddy’s Newsletter that is personally curated by Paddy along with analytical notes on the developments for the week.

newsletter-blog-homepage-banner

THE HEALTHCARE DIGITAL TRANSFORMATION LEADER

Sign up to get Paddy’s Newsletter that is personally curated by Paddy along with analytical notes on the developments for the week.