October 25, 2021 I Issue #132
Editor’s note
This weekly newsletter is brought to you by the Damo Consulting research and insights team to provide you with highlights of news, events, and insights on digital health and digital transformation. Please share with your colleagues and friends in the industry.
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Digital Health in the News
How UnitedHealth, Aetna and Centene are tackling virtual-first care
Health insurers are betting big on individuals continuing to use virtual care post-pandemic, with UnitedHealth Group, Centene Corp., and CVS Health’s Aetna all recently announcing new virtual-first offerings. Modern Healthcare
Jefferson Health partners with venture capital firm on digital transformation
Jefferson Health announced an innovation partnership with General Catalyst, under which the not-for-profit health system will be able to tap into a set of technology companies to support its digital transformation efforts. Modern Healthcare
Google is rethinking its strategy in healthcare, dispersing its health group throughout the company. Business Insider
This Week in The Big Unlock Podcast
In this 100th episode of the podcast, Unity Stoakes, Co-founder and President of StartUp Health discusses about their life-long mission to improve people’s health and well-being worldwide and how the healthcare landscape has witnessed significant changes over the last ten years.
Previous episodes
Amit Phadnis, Chief Digital Officer of GE Healthcare reflects on how a geographical transition and a change in domain from IT networking to healthcare has worked out for him and shares his learnings from this shift.
Darshak Sanghavi, MD, Global Chief Medical Officer of Babylon Health talks about how digital healthcare providers can deliver on the sales promise they make about bringing affordable and accessible healthcare to everyone.
Go to podcast archives
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Insights & Research
IT Budgets Rising at Faster Rate
Cybersecurity, analytics and cloud top CIO investment agenda, Gartner survey of tech executives finds. The Wall Street Journal
Events
In this session, our CEO Paddy Padmanabhan will discuss data strategies, innovation, trust, and trends impacting consumer loyalties in the new health data economy. Upcoming
Digital Transformation in Healthcare: Reimagine Patient Journeys Through Whole-Person Care
In this webinar, Paddy Padmanabhan and Craig Thomas of Sanitas USA, discuss how the pandemic has amplified the need to accelerate the transformation of provider organizations, the barriers that hamper providers from achieving success, and more. View the session recording here. Session Recording
Chart of the week
Budgets in 2022 are expected to rise at a faster rate than they have in more than 10 years.
Source: The Wall Street Journal
Damo Consulting Thought Leadership and Research
A new effort to tackle the thorny issue of interoperability and digital health adoption. Paddy Padmanabhan shares his thoughts in this piece. STAT News
What do frontline caregivers want from digitized healthcare?
This article explores the impact and effects of digital transformation on frontline caregivers and what they want from digitized healthcare to make a difference in their lives as caregivers. Article
Is healthcare too hard for Big Tech firms?
With Google Health and Apple both reported to be, respectively, closing down and scaling back their healthcare efforts, it’s worth asking just how disruptive consumer technology companies can be in this hugely complex and fragmented industry. Blog
The book by Paddy Padmanabhan that provides actionable insights on developing enterprise digital roadmaps and implementing digital health solutions at every touchpoint in a consumer’s journey. Book
Other Stuff We're Reading
What big tech doesn’t have when it comes to healthcare
The tech world has revolutionized nearly everything we do—from the way we work, shop and travel to the way we consume news and information. Yet transforming the way we access healthcare—one of the most essential services in our lives—continues to elude the tech giants. Modern Healthcare
Making clinicians worthy of medical AI: Lessons from Tesla and self-driving cars
Tesla is in the midst of conducting an unprecedented social experiment: testing drivers of its cars to see if they are safe enough operators to receive the company’s Full Self-Driving (FSD) Beta software update, which expands the car’s autonomous capabilities, most notably on city streets. STAT News
Digital Health Funding, M&A
The new vision for the now-merged Doctor on Demand and Grand Rounds begins to take shape
Two privately held health tech startups — Doctor on Demand and Grand Rounds — said they would merge, creating a new company focused on both managing how patients receive healthcare and providing that care, virtually. STAT News
Trinity Health Invests in Xealth to Accelerate Digital Health
Xealth, the leader in enabling digital health at scale, announced that Trinity Health, one of the nation’s largest Catholic health care systems, has invested in the company. Business Wire
Note: Some of the articles linked in this newsletter may be behind paywalls that need a subscription.
