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November 25, 2024, Issue #286

Editor’s note

This weekly newsletter is brought to you by the BigRio and Damo research and insights team.

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📢 Upcoming Webinar Alert!

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Discover how Generative AI (GenAI) is transforming the healthcare landscape in this exciting and informative webinar. Join industry leaders and AI experts as they explore the latest and most impactful use cases of GenAI in healthcare. From drug discovery to patient care, GenAI is revolutionizing the way healthcare providers, researchers, and companies operate—enabling faster innovation, improved patient outcomes, and reduced operational costs. 

👉 Register your interest to participate.

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👉 Also explore our customized in-person workshops here.

Digital Health in the News

Smart ring maker Oura picks up $75M series D, inks strategic partnership with Dexcom

Oura is partnering with medical device maker Dexcom to integrate data from glucose biosensors with the Oura Ring, which tracks sleep, heart rate and activity. Fierce Healthcare

'Webside manner:' How Sanford is training next-gen clinicians

With workforce shortages posing a growing challenge in rural healthcare, Sioux Falls, S.D.-based Sanford Health has launched a facility dedicated to advancing virtual care as a proactive solution. Becker’s Health IT

American College of Radiology launches AI quality registry

The goal is to give imaging providers a source for analytics on how their clinical artificial intelligence applications are operating over time. Healthcare IT News

This Week in The Big Unlock Podcast

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Our Digital Transformation Efforts are Toward Reducing Unnecessary Variation in Patient Care and Experience

In this episode, Dr. Joel Klein, Senior Vice President and Chief Information Officer at the University of Maryland Medical System, shares his journey from practicing emergency medicine to leading digital transformation efforts as a CIO.

 đꑉListen now  

 đꑉThe Big Unlock Podcast Archives 

Featured Offering for The Month

CRM Consulting

Engage, Acquire, and Retain

CRM consulting

Connecting CRM with a health system’s System of Records offers a 360-degree view of the patient to coordinate appropriate care while empowering front-line support teams to interact with and provide an optimal patient experience. Here's how we helped a large, leading health system, Sentara, transform its contact centers. 

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Insights & Research

GenAI Tools and Decision-Making: Beware a New Control Trap

Generative AI tools promise to help leaders make better decisions. But they may also cause trouble by nudging leaders toward a control-based style, research shows. MIT Sloan Management Review

Providers, payers focused on initial 'quick wins' for AI with plans to grow investment: survey

More than half of health system and health plan executives say AI is an immediate priority, and 73% are increasing their investments in the technology, a new C-suite survey finds. Fierce Healthcare

Chart of The Week

chart nov 25

Source: Ambient AI Solution Adoption In Medical Practices, MGMA, Summer 2024 

Damo Thought Leadership and Media Mentions

NEW! Exploring the Intersection of Healthcare and AI: Insights from Dr. Piyush Mathur 

Dr. Piyush Mathur, a seasoned anesthesiologist and critical care physician at Cleveland Clinic, shared his incredible journey from medical school in India to leading innovation in healthcare AI. Damo Blog

Power of AI and Generative AI in Healthcare: Insights from CHOP’s Digital Transformation Journey

CHOP, one of the world’s leading pediatric hospitals, is at the forefront of leveraging AI to improve patient outcomes, enhance operational efficiencies, and foster a digital-first culture. Damo Blog

From Assessment to Action: How BigRio’s Cloud Consulting Services Transformed a Top Global Business School

This case study showcases BigRio’s ability to leverage its expertise in cloud technologies and project management to support one of the world’s leading business schools in achieving its Digital Transformation objectives. The business school could reduce its cloud expenditures without compromising performance or scalability by optimizing resource allocation and eliminating underutilized services. The project provided a well-defined cloud strategy and a comprehensive two-to-five-year roadmap for future growth. BigRio Case Study

How Damo Helped An Integrated Not-For-Profit Healthcare Delivery System Develop Four Enterprise Patient Journey Maps In Three Months

A large not-for-profit integrated healthcare delivery system on the East Coast focuses on innovation and creating exemplary healthcare experiences. Damo has been a long-time advisory partner and understands the health system’s strategic vision well. Damo Consultants knew the health system’s in-flight work towards improving their patient experience. As such, the health system engaged Damo in identifying the first set of journey maps that should be developed at an enterprise level and then prioritized and developed the first four maps. Case Study

Books Corner

rohit book
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Other Stuff We’re Reading

How AI Changes Partner Collaboration

Explore six steps for using AI with external partners in new ways to drive product and business model innovations. MIT Sloan Management Review

Why Isn’t Healthcare More Personalized?

Personalized health care is a promising fix, but needs smart processes using automation and AI tools to reach its potential. Steps toward this goal include ensuring that the right building blocks are in place, and then focusing on high-volume, high-impact processes and the gathering of quality data through consistent processes. HBR

Digital Health Funding and M&A

Maven Clinic Announces $125 Million Series F Round of Funding to Chart the Next Decade of Innovation in Women’s and Family Health

New Funds will Fuel Growth of Maven’s End-to-End Platform, with a Focus on Scaling its Fertility & Family Building Program, Now the Largest Fertility Benefits Provider Globally. Healthcare IT Today

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