Hybrid Healthcare and Consumer Driven Healthcare with Jared Johnson
01/18/22 • 46 min
In this episode of This Week in Health Tech, first episode of 2022, Vik and Jimmy welcome Jared Johnson, from Healthcare Podcast Rap.
Vik and Jimmy discuss hybrid healthcare or consumer first healthcare in this episode. Jared starts with explaining discussing what hybrid healthcare is with an example of 23 and me. He also mentions examples of Best Buy buying healthcare companies or even Walmart.
How do you adapt as a CEO / CIO / CMIO of a traditional healthcare organization? Jared mentions that the margins are already lower in healthcare and how do you part w/ the little margin and partner w/ consumer brands.
The group then discusses digital transformation and impact on consumer driven healthcare.
Jared indicates that this is still the very beginning of consumer brands in healthcare. But as a healthcare executive, empathy will help understand the change of consumer driven healthcare.
Vik then says that consumers are getting used to on-demand with example of uber and banking apps, so why not in healthcare. This is where asynchronous telehealth could also benefit consumers.
The group then discusses machine learning and AI, and how it is becoming more accessible, and this allows more entrants or developers in healthcare. Plus w/ FHIR APIs, it allows app developers access to their own data.
Jared mentions that partnerships w/ consumer brands in healthcare is still slow but it is happening.
Vik mentions the example of the meditation app Calm and how it could be part of person's healthcare.
Also Apple Health is connected with thousands of healthcare organizations and collects daily health information through apple watch.
Website: http://www.thisweekinhealthtech.com
Twitter: @TWIHT1
Tido Inc.: https://www.tidoinc.com/
Music Provided by Soundstripe.com
Linkedin: Vik Patel
Linkedin: Jimmy Kim
Guest Information:
Linkedin: Jared Johnson
Health Care Rap Podcast on Apple Podcast
Mentions:
Calm App
Apple Health
Listen to all This Week in Health Tech episodes
Vik Patel - LinkedIn
Tido Inc. - Website
Tido Inc. - LinkedIn
In this episode of This Week in Health Tech, first episode of 2022, Vik and Jimmy welcome Jared Johnson, from Healthcare Podcast Rap.
Vik and Jimmy discuss hybrid healthcare or consumer first healthcare in this episode. Jared starts with explaining discussing what hybrid healthcare is with an example of 23 and me. He also mentions examples of Best Buy buying healthcare companies or even Walmart.
How do you adapt as a CEO / CIO / CMIO of a traditional healthcare organization? Jared mentions that the margins are already lower in healthcare and how do you part w/ the little margin and partner w/ consumer brands.
The group then discusses digital transformation and impact on consumer driven healthcare.
Jared indicates that this is still the very beginning of consumer brands in healthcare. But as a healthcare executive, empathy will help understand the change of consumer driven healthcare.
Vik then says that consumers are getting used to on-demand with example of uber and banking apps, so why not in healthcare. This is where asynchronous telehealth could also benefit consumers.
The group then discusses machine learning and AI, and how it is becoming more accessible, and this allows more entrants or developers in healthcare. Plus w/ FHIR APIs, it allows app developers access to their own data.
Jared mentions that partnerships w/ consumer brands in healthcare is still slow but it is happening.
Vik mentions the example of the meditation app Calm and how it could be part of person's healthcare.
Also Apple Health is connected with thousands of healthcare organizations and collects daily health information through apple watch.
Website: http://www.thisweekinhealthtech.com
Twitter: @TWIHT1
Tido Inc.: https://www.tidoinc.com/
Music Provided by Soundstripe.com
Linkedin: Vik Patel
Linkedin: Jimmy Kim
Guest Information:
Linkedin: Jared Johnson
Health Care Rap Podcast on Apple Podcast
Mentions:
Calm App
Apple Health
Listen to all This Week in Health Tech episodes
Vik Patel - LinkedIn
Tido Inc. - Website
Tido Inc. - LinkedIn
Previous Episode
Emergency Pod! Oracle Buys Cerner.
In this emergency episode of This Week in Health Tech, Vik and Jimmy discuss the big news of Oracle buying Cerner.
The biggest purchase Oracle, Big Tech, has ever done for $28.3 billion dollars.
Vik and Jimmy first talk a little background of Oracle and Cerner.
Vik talks about Oracle products: cloud infrastructure, integration, oracle dbms, developer network, and more.
Jimmy said this sends a huge signal that there is massive potential in healthcare.
Stock price has dropped initially because people are still trying to make sense of it. Plus there have been massive failures in the past like Microsoft HealthVault and Google HealthCloud.
Vik thinks there will be growing pains in the beginning but over time once they figure out the best way to integrate Oracle and Cerner products.
Vik thinks that one of the big opportunity is analytics and AI. Oracle will obviously use their cloud but the hidden opportunity is making sense of Big Data and use AI to make processes for health systems efficient and realize significant ROI. This could present a good opportunity to Cerner clients.
Also sends a signal to Epic EHR, the EHR with biggest market in healthcare.
The other thing is Oracle knows how to make products available to a developer network.
Jimmy brings up the point that Cerner CEO is quite new and has been CEO only since Aug 2021. Maybe he was the right person to complete the deal.
Website: http://www.thisweekinhealthtech.com
Twitter: @TWIHT1
Tido Inc.: https://www.tidoinc.com/
Music Provided by Soundstripe.com
Linkedin: Vik Patel
Linkedin: Jimmy Kim
Listen to all This Week in Health Tech episodes
Vik Patel - LinkedIn
Tido Inc. - Website
Tido Inc. - LinkedIn
Next Episode
Healthcare's hybrid business model with Telehealth and In-Person Visits
In this episode of This Week in Health Tech, Vik and Jimmy chat about the latest health tech news including telehealth and in-person hybrid healthcare.
Telehealth is not just a pandemic trend, and it is here to stay. Healthcare is increasingly hybrid with in-person and telehealth visits.
At the beginning of the pandemic in 2019-2020, healthcare organizations were struggling with telehealth, however over the past 2 years, technology and workflows have matured. Telehealth experience has also improved over the 2 years as evident with Jimmy's own telehealth visits in 2020 versus the better experience in 2022.
Vik and Jimmy then dive into the different payment models i.e. subscribtion or pay now or insurance for telehealth visits, and how insurance companies and Medicare-Medicaid pay for telehealth and how this may change in future.
Jimmy and Vik then discuss the argument of if providers should get paid the same for in-person versus telehealth visits.
The article discussed by Vik and Jimmy from HealthTechITNews
https://www.healthcareitnews.com/news/telehealth-hybrid-future-mixed-person-care-and-mobile-devices
Metaverse Real Estate Article Mentioned in Today's Episode
https://fortune.com/2022/02/02/how-to-buy-metaverse-real-estate-snoop-dogg-celebrity-neighbor/
Website: http://www.thisweekinhealthtech.com
Twitter: @TWIHT1
Tido Inc.: https://www.tidoinc.com/
Music Provided by Soundstripe.com
Linkedin: Vik Patel
Linkedin: Jimmy Kim
Listen to all This Week in Health Tech episodes
Vik Patel - LinkedIn
Tido Inc. - Website
Tido Inc. - LinkedIn
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