HLTH: AI and Integration in Healthcare: Insights from Srinivas Velamoor of NextGen

About Srinivas Velamoor:

Srinivas (Sri) Velamoor is a senior executive with expertise in healthcare, technology, and financial services. He currently serves as President and COO of NextGen Healthcare, overseeing operations in the U.S. and India. Previously, he was Chief Growth and strategy Officer there. Sri has extensive experience driving growth for tech and SaaS companies, aligning strategy with execution. He has held leadership roles at McKinsey, PwC, and Diamond Management, where he helped scale digital health and healthcare technology initiatives.

Things You’ll Learn:

• Healthcare providers must recognize that patients are also consumers with lives outside of healthcare.
• AI in healthcare is being applied to both administrative and clinical areas but the admin areas have a clearer path to immediate ROI.
• There's a trend towards digital front doors, which replace older patient portals, and bring the patient experience directly to their mobile devices. This shift is driven by the need for better accessibility and patient convenience.
• AI can enhance the revenue cycle process by predicting payment likelihood and reducing submission errors, ultimately increasing cash flow.
• Collaboration, and not competition, is vital in the health tech space to create better outcomes.

Resources:

• Connect with and follow Srinivas Velamoor on LinkedIn.
• Follow NextGen Healthcare on LinkedIn and visit their website.