The Beat Executive Series: AI-powered Healthcare Efficiency with Russ Richmond
About Russ Richmond:
Russ Richmond has diverse work experience spanning various industries and roles. Russ is the CEO and Co-founder of Laudio, a healthcare leadership company that improves frontline actions. Russ has also served as a Member of the Innovation Growth Board at Mass General Brigham. In addition, they have held positions such as Executive Chairman and Independent Board Director at Validic, Member of the Board of Directors at BioDigital, and CEO and Board Director at Advanced Practice Strategies (APS), where they successfully restructured the company and facilitated its acquisition. Russ has also worked at Explorys, an IBM company, as an Independent Board Director. Prior to that, they were the CEO and co-founder of Objective Health, a startup within McKinsey & Company, where they played a significant role in establishing the company and leading its performance insights efforts. Russ had earlier worked as a Consultant and Associate Principal at McKinsey & Company. Russ also has experience as the Executive Vice President of Verisk Health and as a resident physician at the University of Michigan Health System.
Things You’ll Learn:
- Laudio redefines healthcare management by empowering frontline leaders with integrated, AI-powered workflows, addressing issues like burnout and turnover.
- Laudio's strategy of publishing data-driven insights fosters a culture of informed leadership and drives the spread of Laudio's solutions.
- Laudio accelerates market adoption despite the typically slow healthcare sales cycle, building a teamwork-based approach to engage multiple executive stakeholders for impactful collaboration.
- The platform's AI-driven approach to automating managerial tasks can save up to 6 hours a week for health managers.
- The strategies that Laudio employs to foster customer acquisition, scaling effectively in an industry known for long sales cycles.
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