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January 6, 2025, Issue #290

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!

Jan23_Webinar_New_LinkedIn Event

Consumers often need clarification and support from the inconsistencies they experience within a single branded healthcare delivery system. This confusion stems from separate contact centers for billing questions vs. scheduling appointments, which may be further broken down by hospital vs. provider billing and primary care vs. specialty care appointment scheduling. This webinar offers a sneak peek into how Sentara Health, an integrated, not-for-profit healthcare delivery system, unified its contact centers after developing its Clinical Access Center and making it a Center of Excellence. 

👉 Register your interest to participate.

👉 Also explore our customized in-person workshops here.

Digital Health in the News

Digital health tools grow in scope and function to 337,000, according to IQVIA report

140 prescription digital therapeutics have been cleared for patient use at home, and more than 220 therapies are used in digital care or in clinics, according to an IQVIA report. mobihealthnews

Patient Experience – 2025 Health IT Predictions

Healthcare IT Today Community has shared its insights on what will happen in the coming year. Healthcare IT Today 

Researchers aim to study AI-generated voice cloning, VR to decrease pain

A paper published in the Journal of Medical Extended Reality outlines how AI, generative virtual reality, and multilingual voice cloning may help pain management. mobihealthnews

Predictions for mergers and acquisitions in 2025

Some executives anticipate an acceleration of M&A activity as struggling startups seek exits, while others foresee more funding opportunities for companies with proven value in the sector. mobihealthnews

This Week in The Big Unlock Podcast

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AI is Easy to Launch, Hard to Sustain – Focus on People, Processes, and Change Management

In this episode, Dr. Zafar Chaudry, SVP, Chief Digital Officer, and Chief AI and Information Officer of Seattle Children’s, shares his journey into healthcare and explores the use of AI in transforming the healthcare environment.

👉Listen now  

👉The Big Unlock Podcast Archives 

👉 Read the Blog Post

Insights and Research

AI models fall short in clinical conversations: Harvard study

Large language models like ChatGPT have performed well on medical exams, but they struggle with diagnostic accuracy in real-world clinical interactions. Becker’s Hospital Review

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. 

👉Learn More

👉CRM Consulting Package

👉Book an Introductory Call

Featured Events

  1. 43rd Annual J.P. Morgan Healthcare Conference - The 43rd Annual Healthcare Conference will take place on January 13-16, 2025 in San Francisco, CA.
  2. HBSHAA Reception - 2025 JP Morgan Healthcare Conference – HBSHAA and HCI are hosting a Sunday evening reception to kick off the week. On Sunday, Jan 12, 2025 I 5:30 pm – 7:30 pm PST 
  3. WHCMAA at J.P. Morgan - Join fellow WHCMAA and other Wharton alums at a reception during the J.P.Morgan Healthcare Conference on January 15, 2025 I 8:00 pm – 11:00 pm PST

Damo and BigRio team will be present at these events. Connect on LinkedIn with Rohit Mahajan

Damo Thought Leadership and Media Mentions

NEW! AI Agents Raise New Possibilities for GAI and New Concerns

The latest generation of “AI agents” have transformed the way businesses operate and interact with customers; however, they have also raised some new ethical concerns. BigRio 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

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Other Stuff We’re Reading

6 Ways AI Changed Business in 2024, According to Executives

While companies have long struggled to wring value out of their data initiatives, something big has changed in the last two years: Generative AI has spurred greater interest and investment in data quality and broader data capabilities. HBR

7 of the biggest healthcare cyberattack and breach stories of 2024

Cyberattacks targeting the healthcare industry continued to rise last year. Here are some of the largest incidents, from Change Healthcare to Ascension. Healthcare DIVE

Digital Health Funding and M&A

Sanford Health, Marshfield Clinic complete merger

Combined nonprofit integrated health system will transform care delivery in rural Midwest. Sanford Health

NeueHealth to go private in $1.3B acquisition by New Enterprise Associates

NeueHealth, the care management company formerly known as Bright Health, is set to be acquired by venture capital partner New Enterprise Associates later this month. Fierce Healthcare

Databricks hits $62B valuation after $10B funding round

The global data, analytics and AI company will use the Series J funds to invest in new AI products, complete acquisitions and expand its international go-to-market operations. mobihealthnews

Do you have a question? If you want to speak with our expert healthcare consultants, please don't hesitate to contact us here. 

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