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telehealth

Podcast Series: Toward a Platform Future

Gist Healthcare’s 4-Episode Podcast Series: “Toward a Platform Future”

Gist Healthcare has concluded their 4-Episode podcast series: “Toward a Platform Future”.  Kudo’s to organizer and moderator Alexandra Olgin.

Here’s a brief summary and links to each episode:

Episode 1 – February 14, 2022

Randy Williams, Digital Care Advisors, LLC;  Vince Kuraitis, Better Health Technologies, LLC

An overview and introduction to the growing popularity of the platform business model in healthcare and the current state of the market. Topics include defining a platform, “platform thinking”, threats and opportunities for incumbents, the rise of virtual care platforms.

Episode 2 – February 22, 2022

Chas Roades and Lisa Bielamowicz, co-founders of Gist Healthcare

Health systems are vertically integrating to create care ecosystems to build consumer loyalty and fend off competition from disruptors.

Episode 3 – March 7, 2022

Derek Streat, CEO, DexCare

The Providence health system spinout is now offering its digital operating system to other health systems to help connect point solutions.

Episode 4 — March 14, 2022

Seth Joseph, Managing Partner, Summit Health

A profile of the poster child for healthcare platform success – Surescripts. Despite the common perception that platform businesses are overnight success stories, he says it’s actually been a slower road for most to gain traction and realize growth.

Podcast Series: Toward a Platform Future

Gist Healthcare Podcast: Toward a Platform Future

Randy Williams, MD and I were interviewed about platform business models and strategy by Alexandra Olvin of Gist Healthcare. This is the first podcast in a four-part series: “Toward a Platform Future.”

We discuss the growing popularity of platform business model in healthcare, and what it might mean for the industry:

  • “Platform thinking” for healthcare
  • Defining a platform
  • Companies best positioned for platform business models
  • Threats and opportunities for incumbent health systems
  • The rise of virtual care platforms

Available on Apple, Spotify and Gist’s website.

Platforming virtual mental healthcare

Platforming Mental Healthcare: Investors Create New “Mental Models”

by Randy Williams, MD and Vince Kuraitis, JD

One sector at this year’s JP Morgan Health Care Private Equity Conference caught our attention: the virtual mental health market. Six months ago, market leader Headspace Health announced a $6 billion merger with Ginger to create perhaps the largest mental health platform business to date. Headspace announced yet another acquisition, this time with the Y Combinator incubated start up, Sayana. The combined companies support the mental health and wellness needs of over 100 million individuals.

Many others are joining the investment opportunity of tech enabled mental health. This past year alone, investors poured $5.5 billion into the space, up over 130% from 2020 according to CB Insights.

“Mental Models” Shape Our Thinking

The Headspace/Sayana merger announcement has us thinking…is it time for a broader “mental” model reset in healthcare? (Pun definitely intended).

As in any industry, healthcare leaders use mental models to frame their thinking about the current state and how to envision tomorrow. Mental models are useful tools that help us understand and act within complex systems. They not only shape what we think and how we understand but they shape the connections and opportunities that we see.

Female doctor in her surgery office with headset in front of her laptop, an x-ray of a foot in hand, talking with a senior patient, telemedicine concept

Trend Spotting: Are Local Care Providers Losing the Telehealth Platform Wars?

by Vince Kuraitis, JD and Randall Williams, MD

Two recent surveys shed light on the issue of patient loyalty to local care providers for telehealth visits. While the findings are mixed, local providers should be concerned about how they’re faring in the telehealth platform wars. Let’s take a look at both surveys.

Early Evidence Suggested Patients Preferred Their Own Providers for Telehealth Visits

Early evidence suggesting patient loyalty to their own providers was shown by The COVID-19 Healthcare Coalition Telehealth Impact Study Work Group. Their survey asked about telehealth encounters between March 1, 2020 and January 30, 2021 and included 2,007 respondents.

As shown in the graphic below, the findings demonstrated that a vast majority of telehealth services were taking place with “my own provider” (ranging from 71% for 18-30 year olds to 83% for those 65 or older) or “another provider in my own provider’s practice (ranging from 5 to 8%).

Healthcare Innovation

Do Virtual Care Platforms Compete With Local Care Providers? It’s Complicated

by Vince Kuraitis and Thomas Wilson, Ph.D

We describe eight ways in which virtual care platforms (VCPs) are “potentially” competitive with local care providers:

1) Low Acuity/Episodic Care

2) Virtual Primary Care

3) Specialist Care

4) Chronic Disease Management

5) Second Opinions

6) Specialized Populations/Conditions

7) “Selling Ammunition to the Enemy”

8) […]

Testing Technology vs. Enabling a System of Chronic Care – Results of the NIH Tele-HF Trial

by Randy Williams, MD FACC, CEO of Pharos Innovations

The results from the National Institutes of Health (NIH)-sponsored Tele-HF trial are in, and the findings are worth considering . The results are counter to most of the findings of other studies examining telemonitoring for heart failure and at face value are disappointing to us, and the industry. Upon closer examination, however, this study offers us an excellent opportunity for further innovation, refinement of solutions and continuous improvement. It also provides a snapshot […]

“EHR 2.0″ Complimentary Webcast Presentation — BrightTALK e-Health Summit

BrightTALK is sponsoring a complimentary series of e-Health Summit webcasts this Wednesday, July 8.

Here’s a full listing of the six eHealth Summit topics (Eastern Time).  Click on the links to attend any or all of the webcasts.  The series will be recorded for future on-demand access. 

EHR 2.0: Federal HITECH Act Creates Opportunities Beyond EMRs
 

8 Jul 2009 11:00 am

Presenting Vince Kuraitis, Principal Better Health Technologies

 

Data Convergence in Life Sciences and Healthcare

 

8 Jul 2009 12:00 pm

Presenting Greg Nelson, President […]

HITECH Overlap: Medical Home, Telehealth, Health IT/Exchange

What’s the commonality among Medical Home, Telehealth, and Health IT/Information Exchange initiatives?

They all relate to care coordination.  As shown in the diagram below from the Kansas Health Policy Authority (KHPA), there’s a lot of overlap.

A larger copy of the slide is available in this March 2 PowerPoint presentation by Marcia Neilsen , Executive Director, KHPA.

What are some of the implications?

Perspectives on the Upcoming 5th Annual Healthcare Unbound Conference

 The Healthcare Unbound Conference is a highlight of my year and I always look forward to it!

What’s so special about this conference?

First, the caliber of the people attending.  It’s a stimulating mix of high-level clinical, technical and business types.  The energy is flowing and many people have told me how much they like to go just for the networking.

Second, the caliber of the conference organizer.  I’ve worked with many conference planners, and Satish Kavirajan is not your ordinary conference organizer.

Satish […]

What Will Microsoft’s HealthVault Mean to the Telehealth Community?

My colleague Tim Gee and I are guest bloggers on the Get-Connected Forum at the Center for Connected Health.  We speculate on:

What Will Microsoft’s HealthVault Mean to the Telehealth Community?

Our bottom line:  HealthVault overall is a positive for telehealth industry growth and scale, even though it will speed the inevitable commoditization of remote patient monitoring (RPM) devices.