This episode features Dr. Stephen Davis, COO at Cincinnati Children's Hospital Medical Center. Here, he discusses his background & what led him to his current leadership position, what makes Cincinnati Children’s unique & special, where he sees the best opportunities for growth in the future, and more. Want to network with peers and hear more conversations like this? Apply to be one of our complimentary guest reviewers at our upcoming HIT + Digital Health + RCM Meeting Oct, 3-6 2023 here.
Summary
Cincinnati Children's COO Dr. Stephen Davis Talks Leadership & Innovation
Dr. Stephen Davis, COO of Cincinnati Children's Hospital Medical Center, recently sat down to discuss his background and what brought him to his current leadership position in the medical industry. Throughout the interview, he shared insights into what makes Cincinnati Children's so unique and special compared to other hospitals, as well as exciting opportunities for growth in the area of healthcare innovation.
Unique Culture and History of Cincinnati Children's
Cincinnati Children's is unique in that one of its former board chairs donated money to create the Cincinnati Children's Research Foundation, which has made groundbreaking research developments for decades. The hospital makes significant investments in developing leaders at all levels of the organization, and is at the forefront of research into how technology is impacting the healthcare industry. To continue providing the best possible care and research, the hospital has taken an aggressive strategy over the past few years to expand its reach and partner with non-traditional partners such as pharmacies and tech firms.
Challenges Facing Cincinnati Children's
Like many hospitals and medical organizations, Cincinnati Children's faces challenges from workforce shortages and an aging population. To address these challenges and retain the best talent, the hospital offers an excellent panel of benefits and strong leadership throughout the organization. They are also investing in artificial intelligence scribes for medical documentation to cut down on documentation time by 80-90%, giving medical professionals more time to focus on patient care.
Exciting Opportunities for Growth
Cincinnati Children's is always looking for innovative ways to expand and improve its care and research capabilities. In addition to partnering with non-traditional partners to commercialize some of the work done at the hospital, the organization is also investing in understanding population health and value-based care models. They are also looking into exciting new developments such as Health Vine, a healthcare platform that uses artificial intelligence to better understand patient needs and offer personalized care solutions.
The Role of Technology in Healthcare
Dr. Davis believes that technology can play a critical role in increasing the accuracy, productivity and quality of care in the medical field. By partnering with tech firms, private equity firms, venture capitalists, and other non-traditional partners, Cincinnati Children's hopes to accelerate developments and get products to patients faster. With a continued focus on innovation and investment in new technologies, the hospital is poised to remain at the forefront of the healthcare industry for years to come.
If you're interested in networking with like-minded peers and learning more about the latest developments in healthcare and technology, apply to be one of our complimentary guest reviewers at the upcoming HIT + Digital Health + RCM Meeting from Oct. 3-6, 2023 here.
Note: This is an AI generated transcript, not edited by a staff writer and is solely intended for educational purposes. If you have any questions/concerns, reach out to podcasts@beckershealthcare.com
This episode aired on 04/27/2023 and can be listened here.
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