As the Founder and CEO of Steer Health, I’m excited about my attendance at the ViVE conference this year at the Los Angeles Convention Center from February 25th to the 28th! It’s a great opportunity to network with industry leaders in healthcare IT, digital healthcare, business transformation, the patient community, and other health startups.
Every year, ViVE attracts over 5,000 attendees, from C-suite executives, hospital systems, payers, cybersecurity, leading investors, and patients themselves to solve health system problems and deliver needed innovations in healthcare. We come together to address pressing issues in healthcare and drive much-needed innovations to solve some of the pressing challenges in healthcare.
This year, I particularly look forward to discussing current challenges, such as the nurse burnout epidemic, and sharing insight into the opportunities that new strategies and technologies (GenAI) offer.
Here are the three topics I’m most eager to discuss with you.
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What is the future of GenAI in healthcare?
Addressing current healthcare challenges requires knowing that AI is not merely a choice but a necessity. GenAI, in particular, has captured the global spotlight. Why? It revolutionizes healthcare strategies and drives innovation, generating personalized content, improving engagement, and optimizing business processes and performance.
By harnessing GenAI, healthcare providers can create a more patient-centered experience where every interaction is tailored to the individual’s unique medical history, condition, and preferences.
However, a notable risk linked to GenAI is the potential jeopardy of patient privacy and confidentiality. Since AI systems are trained on extensive sets of patient data, there is a growing concern that unauthorized access or breaches may result in the disclosure of sensitive information.
I strongly believe that GenAI has the potential to change the course of healthcare for the better by helping to solve patient communication gaps, reducing staff burden, and, most importantly, boosting the patient experience. But, we must address the challenges of implementing this complex technology into existing systems.
Can we combat the nurse burnout epidemic?
Another topic that I am intrigued about, and that is very prevalent in healthcare today, is clinician burnout rates. As we all know, nurses make up most of the healthcare workforce (59% to be exact)! However, clinician burnout is a major risk to the health of the US.
Hospital systems continue to see increased reports of staff shortages due to the high-stakes, demanding nature of the job. Existing clinicians then face a hard time meeting staffing needs and repetitive tasks, which not only burns out the current leadership but also compromises value-based care – it’s like a never-ending loop of challenges.
I believe the crux of the matter is fundamental change through listening to nurses’ concerns, prioritizing workplace culture, improving delegation, automating workflows, and simplifying IT environments.
The healthcare organizations that get this right will see a major positive shift in staffing.
It all starts with the power of partnerships
Healthcare is always undergoing sweeping changes. Like most industries, the COVID-19 pandemic revealed more vulnerabilities in the healthcare ecosystem and made it clear that strong partnerships may be more important than ever.
It’s hard to keep up with so many technological innovations. We see challenges at every turn, and IT teams are often burdened. Therefore, I believe in the importance of healthcare partnerships during this time of limited knowledge and resources.
As the healthcare system goes through changes year after year, partnerships bring strength to shape the landscape and combat growing challenges. By partnering with young tech companies and building on their IT expertise, companies can off-shore key innovation strategies, integrate workflows, and achieve better outcomes faster.
Healthcare then becomes better and more accessible as teams work to accomplish one or more shared goals. Most often, those goals include cutting costs, improving care, and increasing overall population health.
At the same time, attending events and participating in discussions with peers, stakeholders, and technology companies allows our industry to build a common supportive ground for every organization to thrive.
