Dry Powder: The Private Equity Podcast Where Tech Meets Patient Care
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Nov 5, 2024 Adam Gale, Co-founder and CEO of Class Research, and Eric Berger, member of Bain's Healthcare division, delve into the evolving landscape of healthcare IT. They discuss the impact of COVID-19 on staffing shortages and the urgent need for innovation to enhance patient care. The conversation highlights cloud technology's advantages and the challenges of integrating outdated systems. They also explore the role of AI in reducing clinician burnout and improving documentation, while envisioning a future with comprehensive healthcare IT solutions and new service models.
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Chronic Healthcare Staffing Shortage
- Healthcare worker shortage is chronic, caused by people leaving during COVID.
- These workers transitioned to other industries and haven't returned.
Automation in Healthcare
- Healthcare has a massive opportunity to improve service through automation.
- This is especially true given the persistent staffing shortages.
Defining Healthcare IT
- Healthcare IT is broadly defined.
- It encompasses all software, hardware, and infrastructure used in healthcare, from desktops to surgical robots.