This episode features Laura Dyrda, Vice President & Editor-in-Chief at Becker's Healthcare. Here, she discusses the term “health systems” becoming obsolete as organizations evolve and emerging innovative healthcare technologies.
Summary
Expert Discusses Obsolescence of the Term “Health Systems” as Organizations Evolve
Introduction
In this episode, Laura Dyrda, Vice President & Editor-in-Chief at Becker's Healthcare, discusses how healthcare organizations are evolving and why the term “health systems” is becoming obsolete.
Rebranding and Innovation
Dyrda notes that healthcare organizations are now rebranding themselves to become more of a platform of services and business portfolios. They are launching large virtual care networks, hospital at home services, data platforms, venture capital arms, and retail, pharmacy and health insurance businesses. This shift is reflective of the need for innovation in healthcare, with organizations looking for new ways to provide care and generate revenue.
Investing in Innovation
As organizations invest in new technologies and initiatives, Dyrda emphasizes the importance of ensuring that they bring value back to the organization and are tied back to the mission of patient care. With healthcare technology advancing at an unprecedented rate, it is important for organizations to remain smart about their investments to ensure that they are keeping up with the changing landscape of healthcare.
Recent Innovations
Dyrda mentions several recent innovations in healthcare, including CommonSpirit's virtual nursing program and Providence's remote patient monitoring platform. Additionally, Epic and Cerner have connected with Microsoft Teams to launch virtual visits through EHR, and Epic is developing integrated generative AI within its EHR software.
Conclusion
The evolution of healthcare organizations has led to the term “health systems” becoming obsolete as organizations explore new business models and revenue streams. As healthcare technology continues to advance, investing in innovation and ensuring that it aligns with the mission of patient care has become increasingly crucial.
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 04/21/2023 and can be listened here.
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