Your weekly newsletter on digital transformation and digital health.
View in browser
damo-logo-hd
BIGRIO New Logo_PNG
sep 16 Newsletter email banners-2 (1)

September 30, 2024, Issue #278

Editor’s note

This weekly newsletter is brought to you by the Damo and BigRio research and insights team.

Was this forwarded to you? Subscribe to receive it directly in your inbox on Mondays. 

Questions or feedback? You can also reply to this email.

Subscribe

Digital Health in the News

Artificial Intelligence Disclosures Are Key to Customer Trust

A panel of experts weighs in on whether organizations should disclose how their products use AI. MIT Sloan Review

Why this rural hospital is betting on AI for retention

St. Mary's Hospital is making strides in integrating artificial intelligence technology to alleviate clinician burnout, improve retention and improve patient care. Becker’s Health IT  

Why UnitedHealthcare is putting a focus on simplicity in its AI strategy

The Find Care & Costs tool allows members to find in-network services they need and arms them with clear cost information. The platform uses AI to offer personalized recommendations and education based on the member's benefits package. FIERCE Healthcare

AI Tool Speeds Drug Repurposing: And It’s Free

Innovative approaches to drug discovery are needed to help find effective treatments for the myriad of diseases that afflict humanity. The process is extremely lengthy and expensive, with timelines up to 15 years, and costs over a billion dollars. Now TxGNN, a groundbreaking artificial intelligence (AI) model has been developed which promises to improve the way opportunities are identified for diseases with limited treatment options and made available for free to encourage clinician-scientists advance the search for new therapies. Forbes

This Week in The Big Unlock Podcast

season5-ep145_Landing_Page_Thumbnail

Unlocking Healthcare Data from Proprietary Databases for Analytics is a Major Challenge

In this episode, Jawad Khan, Vice President of Enterprise Analytics at Akron Children’s Hospital, discusses his journey in healthcare and data analytics, focusing on digital transformation and the importance of data accessibility. He also discusses several AI use cases in healthcare and highlights the critical role of data governance.  

 👉Listen now  

 👉The Big Unlock Podcast Archives 

Featured Offering for The Month

Digital Transformation Consulting for Health Systems

Design, Develop, and Implement Enterprise Digital Strategy and Roadmap

Dt-Advisory-4-step-01

Digital Transformation is about reimagining and digitalizing your business processes to improve consumer experience, reduce cost, and increase operational efficiency.

Enable and accelerate your digital transformation journeys in healthcare with Damo:

  • Over six years of experience in digital transformation consulting. 
  • We use proprietary frameworks and tools that are tried and proven with successful implementations at leading healthcare organizations. 
  • 2022 KLAS First Look report evaluated Damo Consulting’s client experience and overall customer satisfaction for organizations that have engaged with Damo on digital transformation projects as over 90%.

👉Learn More

👉Contact us

Insights & Research

Remote patient monitoring in Medicare needs more oversight: OIG

Regulators say Medicare needs more data and oversight to avoid fraud and misuse. Digital health advocates argue the service is still crucial for managing chronic conditions. Healthcare Dive

Chart of The Week

chart sep 30

Source: MIT Sloan Review

Damo Thought Leadership and Media Mentions

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

Assessing Digital Maturity: The DigiMTM Digital Maturity Model for Health Systems

The DigiMTM Digital Maturity Model is now a 5-stage model, with Model 5 being the highest level of maturity. Health systems in Model 5 of Damo’s DigiMTM model aim to build state-of-the-art facilities by designing digital solutions and patient experiences built with artificial intelligence or generative AI. White Paper

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

rohit book
book-cover-hdt-f2

Other Stuff We’re Reading

Digital Twins Can Help You Make Better Strategic Decisions

The traditional application of digital twins has been with physical objects like building sites or even cities in the case of Singapore. This has now changed with the ability to marry gen AI tools with digital twin technology to model organizational processes and supply chains. Moreover, this technology is no longer exclusive to large corporations; its reduced cost makes it accessible to small and medium enterprises as well. Even without extensive resources or dedicated analysts, companies can use gen AI with digital twins to analyze existing customer data and generate detailed virtual models of various customer segments. This article details two cases from companies that illustrate how marrying get AI with digital twins can produce spectacular outcomes. HBR

What Will It Take to Improve Healthcare Cybersecurity?

Healthcare leaders are finally starting to take cybersecurity off the back burner, with most provider and payer organizations ramping up their spending in this area in the midst of proliferating cyberattacks. MedCity News

Digital Health Funding and M&A

Pomelo Care acquires the Doula Network to offer hybrid maternity care model

Pomelo Care, a value-based virtual provider of maternity care, has acquired the Doula Network, now offering virtual and in-person maternity care. The Doula Network is a large national network of credentialed, in-network doulas in the U.S. Fierce Healthcare

Centivo Snags $75M To Make Healthcare More Accessible and Affordable for Workers

Centivo's $75 million raise includes funding from new investors Cone Health Ventures and MemorialCare Innovation Fund, as well as existing investors B Capital, Cox Enterprises, F-Prime Capital, Ingleside Investors and Morgan Heal. MedCity News

Qure.AI Snags $65M to Expand Its Presence in US Market

Qure.ai — which is headquartered in India — closed a $65 million Series D financing round. When asked whether the startup is thinking about a public exit anytime soon, CEO Prashant Warier said that for now, the company’s focusing is on continuing to build its market globally and “venturing deeper into meeting the healthcare challenges of the U.S.” MedCity News

BigRio, Harvard Square, One Miffin Place, Suite 400, Cambridge, MA 02138

Unsubscribe Manage preferences