54c6cb4d-6902-4b63-a9b7-45fc9a76667b/5-0
00:00:03.414 --> 00:00:06.082
Brian Shea,
the CIO of MedOne Healthcare Partners.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/5-1
00:00:06.082 --> 00:00:08.174
Brian, thank you so much for joining us.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/6-0
00:00:08.574 --> 00:00:10.094
Thank you. Thanks for having me again.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/8-0
00:00:10.494 --> 00:00:14.383
For our listeners,
Brian is a repeat guest on Healthy Data
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/8-1
00:00:14.383 --> 00:00:19.656
Podcast. He was here a year ago. Today,
we'll be discussing finding alternative
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/8-2
00:00:19.656 --> 00:00:23.084
revenue streams.
But a word of background on MedOne
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/8-3
00:00:23.084 --> 00:00:27.961
Healthcare Partners. Founded in 2000,
they've grown to become the largest
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/8-4
00:00:27.961 --> 00:00:30.334
physician practice exclusively based
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/9-0
00:00:30.614 --> 00:00:35.760
to hospital medicine in central Ohio.
They're based in Columbus, Ohio. And yeah,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/9-1
00:00:35.760 --> 00:00:40.651
so they've developed an interesting
product. And Brian, I'd like to ask you,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/9-2
00:00:40.651 --> 00:00:45.415
we covered it on the last episode,
but just to bring our listeners back up
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/9-3
00:00:45.415 --> 00:00:48.718
to speed,
could you provide a brief overview of One
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/9-4
00:00:48.718 --> 00:00:53.546
Connect, how a physician practice,
a physician-owned practice developed One
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/9-5
00:00:53.546 --> 00:00:54.054
Connect?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/10-0
00:00:54.414 --> 00:00:58.254
who owns it now and the whole journey of
getting from A to B.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/13-0
00:00:59.134 --> 00:01:02.253
Sure. Yeah,
so I know our last conversation we met a
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/13-1
00:01:02.253 --> 00:01:05.312
year ago,
we actually were describing the tool that
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/13-2
00:01:05.312 --> 00:01:09.961
we've created internally for MedOne,
which was really helped with two areas of
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/11-0
00:01:07.534 --> 00:01:07.654
Yeah.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/13-3
00:01:09.961 --> 00:01:12.785
focus.
I know you mentioned we're a hospitalist
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/13-4
00:01:12.785 --> 00:01:14.962
group,
but we're the state's largest
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/13-5
00:01:14.962 --> 00:01:17.374
physician-owned post-acute care provider.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/15-0
00:01:17.534 --> 00:01:23.195
as well as now in primary care as well.
So that tool that we created that we
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/12-0
00:01:17.694 --> 00:01:18.174
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/15-1
00:01:23.195 --> 00:01:26.651
talked about last time was called One
Connect.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/15-2
00:01:26.651 --> 00:01:31.209
It was an internal tool developed by
providers for providers,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/15-3
00:01:31.209 --> 00:01:36.209
really to help in two areas.
One was the workflow of our post-acute
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/15-4
00:01:36.209 --> 00:01:38.414
care providers, documentation,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/16-0
00:01:38.534 --> 00:01:41.421
within it,
it has integrations with EMRs that were
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/16-1
00:01:41.421 --> 00:01:45.158
at those facility sites.
Then we also talked about how we created
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/16-2
00:01:45.158 --> 00:01:48.101
a product,
a bed board product that was used in our
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/16-3
00:01:48.101 --> 00:01:51.102
acute side.
And when you were a patient that kind of
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/16-4
00:01:51.102 --> 00:01:55.857
transitioned from the post-acute world or
one of the long-term care facilities into
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/16-5
00:01:55.857 --> 00:01:58.574
one of our hospital facilities that we
managed,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/18-0
00:01:58.894 --> 00:02:03.270
it would pop up and we could actually see
and have instant access to all that
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/18-1
00:02:03.270 --> 00:02:07.869
information on those patients across from
the post-acute care facilities into the
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/17-0
00:02:04.774 --> 00:02:04.894
Yeah.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/18-2
00:02:07.869 --> 00:02:11.179
acute side, which was, you know,
a game changer, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/18-3
00:02:11.179 --> 00:02:15.554
for our providers to have that real-time
data and notes and interact back and
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/18-4
00:02:15.554 --> 00:02:18.863
forth with the providers across.
So kind of where we went,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/18-5
00:02:18.863 --> 00:02:21.948
fast forward a little bit,
is that product, as I said,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/18-6
00:02:21.948 --> 00:02:23.294
was developed by MedOne.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/19-0
00:02:23.934 --> 00:02:27.388
you know,
all in-house using third-party developers
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/19-1
00:02:27.388 --> 00:02:30.443
and some internal developers for the
product.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/19-2
00:02:30.443 --> 00:02:35.822
And we were kind of at a crossroads with
many organizations that developing your
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/19-3
00:02:35.822 --> 00:02:40.670
own software can be daunting,
can be expensive. And as I said, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/19-4
00:02:40.670 --> 00:02:44.654
we're physician-owned,
so our shareholders are our doctors.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/22-0
00:02:44.974 --> 00:02:48.970
And, you know, in many cases,
not all shareholders or doctors want to
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/22-1
00:02:48.970 --> 00:02:52.338
be a software company, you know, as well,
right? You know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/20-0
00:02:49.974 --> 00:02:50.574
Mm-hmm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/22-2
00:02:52.338 --> 00:02:56.163
they want to focus on clinical care.
Some do. You know, as MedOne,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/22-3
00:02:56.163 --> 00:03:00.673
we also looked at how do you continue to
diversify, you know, revenue streams,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/22-4
00:03:00.673 --> 00:03:03.584
you know,
all those different things came into the
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/22-5
00:03:03.584 --> 00:03:06.438
equation.
We actually brought in a third party to
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/22-6
00:03:06.438 --> 00:03:07.694
evaluate our software.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/24-0
00:03:07.974 --> 00:03:12.095
It's one of those things of, you know,
no one thinks their own baby is ugly,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/21-0
00:03:11.254 --> 00:03:11.774
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/24-1
00:03:12.095 --> 00:03:15.306
right? You know,
until someone comes in and tells you that.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/24-2
00:03:15.306 --> 00:03:19.426
So it was important for us to have a
third party set of eyes to evaluate our
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/24-3
00:03:19.426 --> 00:03:22.958
product that it wasn't just another EMR,
you know, in that space.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/23-0
00:03:21.494 --> 00:03:21.974
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/24-4
00:03:22.958 --> 00:03:25.847
Is it competitive?
Do we have a differentiator there?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/24-5
00:03:25.847 --> 00:03:27.934
Is there something really special here?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/28-0
00:03:28.414 --> 00:03:32.646
And it was determined that it is unique,
you know, enough because it covers,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/28-1
00:03:32.646 --> 00:03:35.339
you know,
I think the biggest thing we always go
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/28-2
00:03:35.339 --> 00:03:37.483
back,
it was designed by providers for
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/28-3
00:03:37.483 --> 00:03:40.725
providers, right?
It wasn't a tech company that, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/28-4
00:03:40.725 --> 00:03:45.122
could leverage technology and tried to
force something down into this is how we
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/25-0
00:03:43.854 --> 00:03:44.094
6.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/28-5
00:03:45.122 --> 00:03:49.134
think a provider should operate.
This was actually designed by providers
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/26-0
00:03:47.014 --> 00:03:47.494
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/30-0
00:03:49.374 --> 00:03:52.870
to help improve the, you know,
their workflow, right? You know, and,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/30-1
00:03:52.870 --> 00:03:56.265
you know, we always focus a lot,
especially being physician-owned,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/27-0
00:03:53.254 --> 00:03:53.734
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/30-2
00:03:56.265 --> 00:03:59.609
on physician experience, you know,
patient experience, of course,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/30-3
00:03:59.609 --> 00:04:03.004
but physician experience,
because if the physicians aren't healthy
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/30-4
00:04:03.004 --> 00:04:05.537
and able to operate and do their job
effectively,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/30-5
00:04:05.537 --> 00:04:09.134
there's a trickle-down effect, right,
you know, to, you know, to that.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/29-0
00:04:08.174 --> 00:04:08.574
Right.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/31-0
00:04:09.614 --> 00:04:12.669
So the determination was made to proceed,
you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/31-1
00:04:12.669 --> 00:04:17.310
with spinning this off into a separate
organization. And I could get into the,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/31-2
00:04:17.310 --> 00:04:21.774
you know, a little bit more details there,
but I'll let you ask a question.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/32-0
00:04:21.454 --> 00:04:24.264
Yeah, so, okay, interesting. So,
because again,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/32-1
00:04:24.264 --> 00:04:28.127
a lot of our listeners to this episode
right now may think, well,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/32-2
00:04:28.127 --> 00:04:31.171
I work at a large healthcare delivery
organization.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/32-3
00:04:31.171 --> 00:04:35.853
I know that our margins are compressed.
Often, most integrated delivery system,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/32-4
00:04:35.853 --> 00:04:39.365
network systems in the United States have
a 1 to 3% margin.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/32-5
00:04:39.365 --> 00:04:42.174
Sometimes they fall below that,
and you've seen
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/33-0
00:04:42.894 --> 00:04:47.163
various large health systems.
One just last year went into bankruptcy.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/33-1
00:04:47.163 --> 00:04:51.853
And so you're always seeing how do these
health care systems find new revenue
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/33-2
00:04:51.853 --> 00:04:54.438
streams?
I think a lot of listeners may be
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/33-3
00:04:54.438 --> 00:04:57.565
interested in, all right,
so you develop this tool.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/33-4
00:04:57.565 --> 00:05:01.834
You're A physician-owned practice.
This tool is useful for yourselves.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/33-5
00:05:01.834 --> 00:05:02.254
And now
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/34-0
00:05:02.414 --> 00:05:04.978
you're thinking,
is there a way to monetize it?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/34-1
00:05:04.978 --> 00:05:08.075
And the idea is either you own it and you
license it out,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/34-2
00:05:08.075 --> 00:05:11.973
or you spin it off and get a one-time
infusion or potentially royalties.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/34-3
00:05:11.973 --> 00:05:14.430
And then there's also the agreement of,
well,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/34-4
00:05:14.430 --> 00:05:18.488
can our providers continue to use the
tool that we developed for ourselves?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/34-5
00:05:18.488 --> 00:05:22.814
Are we going to have to now license our
own thing from somebody else who we sold
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/34-6
00:05:22.814 --> 00:05:23.134
it to?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/35-0
00:05:23.494 --> 00:05:27.662
Can you talk about the business
implications of now you have this one
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/35-1
00:05:27.662 --> 00:05:30.579
connect tool,
you have a lot of provider buy-in,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/35-2
00:05:30.579 --> 00:05:34.926
you have physician experience improving
and high physician satisfaction.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/35-3
00:05:34.926 --> 00:05:37.724
What are kind of,
when you're at a crossroads,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/35-4
00:05:37.724 --> 00:05:40.820
what are the business implications and
how did you,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/35-5
00:05:40.820 --> 00:05:44.094
how did your team decide to go one way
versus another?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/39-0
00:05:45.214 --> 00:05:47.952
Yeah, that's a lot, right? You know,
but sure,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/36-0
00:05:46.854 --> 00:05:47.214
Yeah.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/39-1
00:05:47.952 --> 00:05:51.389
and let me try to tackle this a little
bit. And, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/39-2
00:05:51.389 --> 00:05:54.709
we're right in the middle of all of this
as well, right?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/39-3
00:05:54.709 --> 00:05:57.854
So this is relatively fresh to us as an
organization.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/37-0
00:05:55.054 --> 00:05:55.534
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/39-4
00:05:57.854 --> 00:06:02.223
Once it was determined that the best
direction for the continuation of our
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/39-5
00:06:02.223 --> 00:06:04.494
product to make it something different,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/38-0
00:06:05.014 --> 00:06:05.494
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/41-0
00:06:05.374 --> 00:06:10.285
and take it to really to the world,
was spinning it off as a separate
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/41-1
00:06:10.285 --> 00:06:13.863
organization.
Our initial plan wasn't necessarily,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/41-2
00:06:13.863 --> 00:06:17.792
you know, of course,
diversifying cash flow and revenue
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/41-3
00:06:17.792 --> 00:06:23.614
sources and different things like that is
always, you know, comes comes into play.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/40-0
00:06:20.774 --> 00:06:21.254
Mmh.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/42-0
00:06:24.094 --> 00:06:27.595
First and foremost,
we were also trying to look at how do we
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/42-1
00:06:27.595 --> 00:06:32.415
have a tool that MedOne can use that is a
differentiator. So I kind of wear 2 hats,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/42-2
00:06:32.415 --> 00:06:35.572
right? You know,
so I am the CIO for MedOne Healthcare
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/42-3
00:06:35.572 --> 00:06:39.531
Partners. And I, of course,
am helping as part of this transition of
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/42-4
00:06:39.531 --> 00:06:42.974
our spin-off company.
Our product was already in the cloud.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/46-0
00:06:43.054 --> 00:06:46.124
right? You know,
so it was already 100% cloud-based.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/46-1
00:06:46.124 --> 00:06:50.816
It was an easy transition for us to think
of creating a SaaS-based type solution
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/46-2
00:06:50.816 --> 00:06:55.160
that could be a subscription-based model
and MedOne becomes the very first
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/43-0
00:06:51.014 --> 00:06:51.494
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/46-3
00:06:55.160 --> 00:06:58.809
customer, right, you know, of that.
So it's kind of a win-win.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/44-0
00:06:57.414 --> 00:06:57.894
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/46-4
00:06:58.809 --> 00:07:02.574
We have a solution that we can continue
to have life of its own.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/45-0
00:07:01.094 --> 00:07:01.214
Yeah.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/47-0
00:07:02.894 --> 00:07:07.692
right, you know, and be built out.
And where we even envisioned all these
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/47-1
00:07:07.692 --> 00:07:11.064
other things with it can now become
reality, right?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/47-2
00:07:11.064 --> 00:07:16.445
Because the way that the structure of it
is going to be done and MedOne still have
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/47-3
00:07:16.445 --> 00:07:21.827
a lot of influence and guidance into this
product and make it that much better for
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/47-4
00:07:21.827 --> 00:07:22.734
our providers.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/50-0
00:07:23.054 --> 00:07:27.726
Of course, it reduces our overall expense,
right? You know, as MedOne,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/48-0
00:07:26.734 --> 00:07:27.214
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/50-1
00:07:27.726 --> 00:07:32.595
because we now move to a more defined
subscription-based model, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/50-2
00:07:32.595 --> 00:07:36.805
for the product itself,
like any other SaaS solution that I may
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/49-0
00:07:32.614 --> 00:07:33.214
Mm-hmm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/50-3
00:07:36.805 --> 00:07:41.674
use here at MedOne, right? So that piece,
it becomes completely separate.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/50-4
00:07:41.674 --> 00:07:44.174
The new company name is Memory Health.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/53-0
00:07:44.494 --> 00:07:49.696
and the product is called Memory.
And think of M, so it's spelled M-E-M-R-Y.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/53-1
00:07:49.696 --> 00:07:52.938
So think of the M and the Y, My EMR,
inside it.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/53-2
00:07:52.938 --> 00:07:58.208
We really love the One Connect name,
but as you go through expanding up a new
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/51-0
00:07:54.014 --> 00:07:54.254
Oh.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/53-3
00:07:58.208 --> 00:08:01.720
company,
there's a lot of things we learned, right,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/53-4
00:08:01.720 --> 00:08:03.814
as this as well as just because
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/54-0
00:08:03.934 --> 00:08:07.690
you like a name and you have a name,
doesn't mean that name's available,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/52-0
00:08:07.454 --> 00:08:07.774
Right.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/54-1
00:08:07.690 --> 00:08:10.469
you know, out there in the market,
you know, for you.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/54-2
00:08:10.469 --> 00:08:14.019
So we had to go through a transition of
letting go too of, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/54-3
00:08:14.019 --> 00:08:18.033
we have to call it something, you know,
something different, you know, to us.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/54-4
00:08:18.033 --> 00:08:20.966
So we did spin it out.
That was the decision to do that.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/54-5
00:08:20.966 --> 00:08:23.435
Med One will still have some form of,
you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/54-6
00:08:23.435 --> 00:08:27.294
equity within this organization and then
that's separate really investors.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/55-0
00:08:27.934 --> 00:08:30.894
That are brought in to invest into the
the.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/57-0
00:08:32.134 --> 00:08:35.333
the new memory, you know, memory health.
So it has life, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/57-1
00:08:35.333 --> 00:08:38.674
life of its life of its own.
So that's kind of where there's still a,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/56-0
00:08:37.854 --> 00:08:38.414
Got it.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/57-2
00:08:38.674 --> 00:08:42.063
there is some tie, right, you know,
between between the organizations,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/57-3
00:08:42.063 --> 00:08:45.548
but this is a continual transition,
you know, at this moment. As I said,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/57-4
00:08:45.548 --> 00:08:48.078
we've literally just stood up this
separate company.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/57-5
00:08:48.078 --> 00:08:50.847
We're going through the process of
standing up, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/57-6
00:08:50.847 --> 00:08:52.374
separate corporations, separate.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/59-0
00:08:52.574 --> 00:08:55.714
software. I mean,
there's a lot that goes into standing up
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/59-1
00:08:55.714 --> 00:08:59.173
a separate organization,
where we're working really closely with
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/58-0
00:08:56.814 --> 00:08:57.294
Right.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/59-2
00:08:59.173 --> 00:09:03.430
the consultants that we brought in to
help formulate what this new organization
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/59-3
00:09:03.430 --> 00:09:04.334
should look like.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/60-0
00:09:04.494 --> 00:09:07.380
So Brian,
you guys decided to stand up a separate
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/60-1
00:09:07.380 --> 00:09:11.188
organization and keep some kind of equity
stake in Memory Health.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/60-2
00:09:11.188 --> 00:09:15.516
How did you decide against selling the
product to another already existing
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/60-3
00:09:15.516 --> 00:09:18.574
corporation in which you don't have an
equity stake?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/62-0
00:09:19.214 --> 00:09:21.446
Yeah,
and I wouldn't tell you the end game,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/62-1
00:09:21.446 --> 00:09:24.388
you know, for things is always evolving,
right? You know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/62-2
00:09:24.388 --> 00:09:28.546
with when you do something like this and
when people spin off software companies,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/62-3
00:09:28.546 --> 00:09:31.184
you know,
it was important for Med One to make sure
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/62-4
00:09:31.184 --> 00:09:34.937
that we're developing a product.
We've developed this product internally,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/62-5
00:09:34.937 --> 00:09:37.270
right?
We felt that this was a differentiator
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/61-0
00:09:36.174 --> 00:09:36.414
Hmm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/62-6
00:09:37.270 --> 00:09:40.414
tool of why we used it compared to other
tools on the market.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/63-0
00:09:40.734 --> 00:09:44.888
So we wanted to make sure that MedOne
still has the capability and access to a
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/63-1
00:09:44.888 --> 00:09:48.463
tool that we believe is a game changer,
you know, within the space.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/63-2
00:09:48.463 --> 00:09:52.302
But we also want to make sure the
investors that are investing into this
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/63-3
00:09:52.302 --> 00:09:56.297
new organization have an opportunity of
what is the future stake, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/63-4
00:09:56.297 --> 00:09:59.294
like any investment, right? You know,
everybody wants to
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/65-0
00:09:59.454 --> 00:10:02.741
make sure that their investment is solid
and continues to grow.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/65-1
00:10:02.741 --> 00:10:06.798
We did not take the approach of just,
we did not have the mindset of initially
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/65-2
00:10:06.798 --> 00:10:10.803
just going straight out and looking at
one of the competitors in the space or
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/65-3
00:10:10.803 --> 00:10:14.552
startup in the space and just selling out
completely, you know, with it.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/65-4
00:10:14.552 --> 00:10:16.863
That wasn't our approach, you know,
with it.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/64-0
00:10:15.374 --> 00:10:15.774
Thank you.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/65-5
00:10:16.863 --> 00:10:18.814
And I think a lot of that goes back to
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/69-0
00:10:19.854 --> 00:10:24.287
that designed by providers for providers,
making sure providers continue to have
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/69-1
00:10:24.287 --> 00:10:28.118
influence in this solution.
Can't tell you where the future takes us,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/67-0
00:10:26.134 --> 00:10:26.614
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/69-2
00:10:28.118 --> 00:10:31.620
you know, necessarily with it. You know,
it could be, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/69-3
00:10:31.620 --> 00:10:35.943
a go-to partner that we have, you know,
that we're able to spread the word as,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/68-0
00:10:33.854 --> 00:10:34.334
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/69-4
00:10:35.943 --> 00:10:38.734
you know, we're part of an ACO, you know,
as well.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/71-0
00:10:39.374 --> 00:10:42.144
How do we,
how do we reach all these other provider
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/71-1
00:10:42.144 --> 00:10:44.487
groups to show why we think what,
you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/71-2
00:10:44.487 --> 00:10:47.949
memory is special and how do they,
how do they use it? You know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/71-3
00:10:47.949 --> 00:10:51.304
there could be strategic sales in the
future, right? You know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/70-0
00:10:51.254 --> 00:10:51.814
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/71-4
00:10:51.304 --> 00:10:53.860
with partnerships and things like that
with it,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/71-5
00:10:53.860 --> 00:10:57.854
because how do we get it out there,
you know, to the masses and, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/73-0
00:10:57.934 --> 00:11:01.060
And then how do you maintain that
relevance? Because again,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/73-1
00:11:01.060 --> 00:11:04.237
being an independent software company,
how do you make sure,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/73-2
00:11:04.237 --> 00:11:08.508
especially in all the advancements in the
other technologies around AI and coding
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/73-3
00:11:08.508 --> 00:11:12.259
and all those kind of things,
how do you make sure that what we have is
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/72-0
00:11:08.734 --> 00:11:09.374
Mm-hmm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/73-4
00:11:12.259 --> 00:11:15.748
special is continuing to be a
differentiator to compete, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/73-5
00:11:15.748 --> 00:11:16.894
in that space as well?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/74-0
00:11:17.374 --> 00:11:19.963
So Brian,
many listeners to this show often are
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/74-1
00:11:19.963 --> 00:11:22.767
faced with the decision, like you,
to build or buy.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/74-2
00:11:22.767 --> 00:11:25.409
And in this conversation in the last 10
minutes,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/74-3
00:11:25.409 --> 00:11:28.968
a few times you've mentioned that One
Connect was a game changer.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/74-4
00:11:28.968 --> 00:11:32.258
And when you're considering whether you
should build or buy,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/74-5
00:11:32.258 --> 00:11:34.954
you may see an opportunity and you want
to think,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/74-6
00:11:34.954 --> 00:11:38.999
if we invest capital and opportunity
costs and all kinds of things to make
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/74-7
00:11:38.999 --> 00:11:39.214
this
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/76-0
00:11:39.294 --> 00:11:42.331
build this One Connect tool for our
organization,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/76-1
00:11:42.331 --> 00:11:45.974
how would that help our organization?
So more specifically,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/76-2
00:11:45.974 --> 00:11:50.225
how has One Connect allowed MedOne to
gain more market share in Ohio?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/76-3
00:11:50.225 --> 00:11:54.112
How has having One Connect,
just leaving aside the memory care,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/76-4
00:11:54.112 --> 00:11:58.302
but the history of One Connect,
since you've had it for the last few
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/76-5
00:11:58.302 --> 00:12:00.974
years,
or however many years you've had it,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/77-0
00:12:01.374 --> 00:12:06.402
How has that made you more competitive
against the other ACOs and the provider
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/77-1
00:12:06.402 --> 00:12:09.774
groups and the other competitors in the
marketplace?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/80-0
00:12:10.734 --> 00:12:13.788
Yeah, so, and that's, you know,
there's no perfect answer to that,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/80-1
00:12:13.788 --> 00:12:17.251
but I could get to it with from the tool
side of things, because, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/80-2
00:12:17.251 --> 00:12:20.805
we also feel that we differentiate from
the clinical care perspective, right?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/80-3
00:12:20.805 --> 00:12:22.947
You know,
and how we grow and how we outreach,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/78-0
00:12:21.534 --> 00:12:21.854
Yeah.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/80-4
00:12:22.947 --> 00:12:25.636
forget just technology,
but from the technology and how we
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/79-0
00:12:24.694 --> 00:12:25.174
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/80-5
00:12:25.636 --> 00:12:28.370
thought and came to,
because you had that build versus buy,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/80-6
00:12:28.370 --> 00:12:30.512
that is,
that's actually one of the crossroads
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/80-7
00:12:30.512 --> 00:12:32.334
that I came into, into the organization.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/82-0
00:12:32.654 --> 00:12:35.821
was our roots,
we were actually started by a software
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/82-1
00:12:35.821 --> 00:12:39.926
developer and a provider, right?
So we had very deep technology roots
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/82-2
00:12:39.926 --> 00:12:43.738
within the organization.
We had to wear that filter just because
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/82-3
00:12:43.738 --> 00:12:48.370
you can doesn't mean you should, right?
There's many instances that there is a
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/81-0
00:12:46.094 --> 00:12:46.254
Mm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/82-4
00:12:48.370 --> 00:12:51.654
product that out there that is more
economical and does
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/85-0
00:12:51.734 --> 00:12:56.120
80 to 90% of what you needed to do,
and it will just meet the needs, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/83-0
00:12:53.934 --> 00:12:54.414
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/85-1
00:12:56.120 --> 00:12:59.950
just fine. What One Connect,
previous One Connect now memory allowed
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/84-0
00:12:56.654 --> 00:12:57.134
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/85-2
00:12:59.950 --> 00:13:03.114
us to do was expand quickly. As I said,
we're, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/85-3
00:13:03.114 --> 00:13:07.167
state's largest physician known
post-acute care provider, and, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/85-4
00:13:07.167 --> 00:13:11.497
growing lots of facilities and having
that interaction with lots of different
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/85-5
00:13:11.497 --> 00:13:11.774
EMRs.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/88-0
00:13:12.094 --> 00:13:15.639
that are at those facilities,
they were very disjointed, right?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/88-1
00:13:15.639 --> 00:13:19.682
So how is a provider group that layers on
top of that to be able to work
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/88-2
00:13:19.682 --> 00:13:23.282
effectively and scale?
That's why that vision of the application
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/86-0
00:13:21.734 --> 00:13:22.334
Mm-hmm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/88-3
00:13:23.282 --> 00:13:26.605
really came to play from the providers of
how do, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/88-4
00:13:26.605 --> 00:13:30.814
I can not function by logging in
independently to all these different EMRs.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/89-0
00:13:31.054 --> 00:13:34.129
right,
that may be at these different facilities.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/87-0
00:13:31.294 --> 00:13:31.774
Right.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/89-1
00:13:34.129 --> 00:13:36.958
How do we build this kind of layer,
you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/89-2
00:13:36.958 --> 00:13:41.262
there that's there allows us to use a
tool to know who I need to see,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/89-3
00:13:41.262 --> 00:13:45.444
when I need to see them,
builds my schedule, you know, kind of for,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/89-4
00:13:45.444 --> 00:13:50.363
you know, for me, those kind of things,
and be more effective to be able to see
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/89-5
00:13:50.363 --> 00:13:51.654
your patients across.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/93-0
00:13:51.854 --> 00:13:55.285
all these different type of facilities
and have the integrations,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/93-1
00:13:55.285 --> 00:13:59.288
there is critical, right, you know,
to be able to scale in for the physician
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/93-2
00:13:59.288 --> 00:14:03.394
experience, you know, even in that space.
So that's where we felt there was no
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/90-0
00:14:00.654 --> 00:14:01.134
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/93-3
00:14:03.394 --> 00:14:07.345
other product that really did this.
There's lots of products that do manual
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/93-4
00:14:07.345 --> 00:14:11.347
scheduling and different things and
integrations and stuff like that, right?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/91-0
00:14:09.294 --> 00:14:09.894
Mm-hmm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/93-5
00:14:11.347 --> 00:14:13.374
We have built in operational activities
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/94-0
00:14:13.454 --> 00:14:18.009
into our product that help not only the
operators that are helping facilitate
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/92-0
00:14:14.854 --> 00:14:15.454
Mm-hmm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/94-1
00:14:18.009 --> 00:14:21.454
with the providers,
but help the providers in the way that
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/94-2
00:14:21.454 --> 00:14:24.665
they're round.
So scalability was key with the product
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/94-3
00:14:24.665 --> 00:14:29.103
that we had and felt that was a true
differentiator compared to competitive
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/94-4
00:14:29.103 --> 00:14:31.789
products in the space. A lot of,
as you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/94-5
00:14:31.789 --> 00:14:33.774
where it's a very regulated space,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/96-0
00:14:34.094 --> 00:14:37.106
as well. So knowing, again,
who you need to see,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/96-1
00:14:37.106 --> 00:14:41.040
when you need to see them,
and doing it in an automated way was
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/95-0
00:14:40.894 --> 00:14:41.374
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/96-2
00:14:41.040 --> 00:14:44.606
critical, again,
when you layer on the scalability aspect
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/96-3
00:14:44.606 --> 00:14:44.974
of it.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/97-0
00:14:45.694 --> 00:14:50.677
Yeah, thank you.
I love how you elaborated on kind of the
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/97-1
00:14:50.677 --> 00:14:57.463
way that OneConnect enabled MedOne to
rapidly gain market share in the central
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/101-0
00:14:57.094 --> 00:14:59.766
Yeah,
and then a second piece of that is being
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/97-2
00:14:57.463 --> 00:14:58.494
Ohio region.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/101-1
00:14:59.766 --> 00:15:03.063
part of an ACO,
the data that you have to provide to be a
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/98-0
00:15:00.974 --> 00:15:01.454
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/101-2
00:15:03.063 --> 00:15:06.872
part of an ACO for that shared savings,
you know, mechanism of it.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/99-0
00:15:03.294 --> 00:15:03.774
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/100-0
00:15:05.174 --> 00:15:05.654
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/101-3
00:15:06.872 --> 00:15:11.420
We developed the product to make sure
that it has all the necessarily reporting
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/101-4
00:15:11.420 --> 00:15:14.717
and things built into it from an ACO
perspective as well.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/101-5
00:15:14.717 --> 00:15:17.616
So that's kind of layered on top of it,
as I said,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/101-6
00:15:17.616 --> 00:15:20.174
operational activities and things like
that.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/102-0
00:15:20.494 --> 00:15:23.473
into it, which also have clinical impact.
But the, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/102-1
00:15:23.473 --> 00:15:27.134
those were also some key things for us of
why this was a separate product.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/103-0
00:15:27.494 --> 00:15:31.909
So this wouldn't be a podcast in 2026
without mentioning AI.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/103-1
00:15:31.909 --> 00:15:37.192
I want to keep it brief because everybody
has heard everything about AI,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/103-2
00:15:37.192 --> 00:15:42.765
but I know that MedOne is approaching AI
with a quote, responsible adaption,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/103-3
00:15:42.765 --> 00:15:46.094
unquote,
while fostering innovation platform.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/104-0
00:15:46.414 --> 00:15:51.448
And you said you approached it from 3
angles, clinical, clinical operations,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/104-1
00:15:51.448 --> 00:15:56.024
and business operations. You know,
just in a few minutes that we have
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/104-2
00:15:56.024 --> 00:15:59.293
remaining,
please tell us about your Gen AI or AI
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/104-3
00:15:59.293 --> 00:16:03.542
strategy and what you think is
particularly unique or different,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/104-4
00:16:03.542 --> 00:16:06.614
perhaps illustrating with a concrete
anecdote.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/105-0
00:16:06.774 --> 00:16:08.494
that might be of interest to our
listeners.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/106-0
00:16:09.134 --> 00:16:12.172
Sure. So yeah, as you kind of said,
you can't go one day without hearing
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/106-1
00:16:12.172 --> 00:16:14.336
about AI, right?
Or what everybody's doing or where
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/106-2
00:16:14.336 --> 00:16:17.748
they're at in their journey. You know,
there's some things that are unique to us.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/106-3
00:16:17.748 --> 00:16:19.579
There's some things that are not,
you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/106-4
00:16:19.579 --> 00:16:22.659
I'd say that we're facing is everybody,
everybody else with it. You know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/106-5
00:16:22.659 --> 00:16:26.029
we kind of took that approach, you know,
when ChatGPT came out, right, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/106-6
00:16:26.029 --> 00:16:29.525
and everybody was using it and everybody
was trying to figure out what's, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/106-7
00:16:29.525 --> 00:16:29.774
what's
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/108-0
00:16:29.934 --> 00:16:34.073
Going, you know, going on, you know,
it was kind of the initial first public
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/108-1
00:16:34.073 --> 00:16:37.620
game changer, you know,
kind of in that in that space with it is,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/108-2
00:16:37.620 --> 00:16:40.361
you know,
we did the policies like everybody else,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/108-3
00:16:40.361 --> 00:16:43.102
you know,
we started to formulate an AI governance
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/108-4
00:16:43.102 --> 00:16:46.488
and strategy committee.
We quickly kind of realized, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/108-5
00:16:46.488 --> 00:16:49.014
as things are evolving so quickly that
just...
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/107-0
00:16:48.254 --> 00:16:48.734
Mmh.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/109-0
00:16:49.134 --> 00:16:52.485
traditional, this is policy,
this is what we do, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/109-1
00:16:52.485 --> 00:16:56.575
it's evolving so fast, right?
So we took more of the approach of how do
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/109-2
00:16:56.575 --> 00:17:00.948
we build appropriate guardrails, you know,
for the organization to leverage,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/109-3
00:17:00.948 --> 00:17:02.254
you know, you know, not
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/111-0
00:17:03.814 --> 00:17:07.221
Now push down on innovation.
How do we have, again, as we said,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/111-1
00:17:07.221 --> 00:17:10.201
responsible usage, you know,
of AI in the organization?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/111-2
00:17:10.201 --> 00:17:14.193
The reason we put it into 3 categories is
being a healthcare organization.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/111-3
00:17:14.193 --> 00:17:17.066
As you can imagine,
there's different sensitivity and
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/111-4
00:17:17.066 --> 00:17:21.111
different ways you need to approach AI,
especially with clinical, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/110-0
00:17:20.614 --> 00:17:21.094
Mmh.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/111-5
00:17:21.111 --> 00:17:22.814
and anything that has to do with
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/113-0
00:17:23.174 --> 00:17:27.868
clinical decision support and anything
that's in that patient care arena.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/113-1
00:17:27.868 --> 00:17:32.561
We have operational activities like
clinical operation side of things and
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/113-2
00:17:32.561 --> 00:17:37.254
business operation side of things.
Those are easier to put into different
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/113-3
00:17:37.254 --> 00:17:40.426
categories of how do we approach them.
As I said,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/112-0
00:17:38.814 --> 00:17:39.294
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/113-4
00:17:40.426 --> 00:17:44.294
our biggest change was really putting
more guardrails around
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/115-0
00:17:44.494 --> 00:17:47.693
how acceptable use,
we then started targeting different
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/115-1
00:17:47.693 --> 00:17:50.548
things.
So some of the different game changers we
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/115-2
00:17:50.548 --> 00:17:53.746
talked about,
we've implemented and we've opened up our
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/115-3
00:17:53.746 --> 00:17:58.258
first primary care clinic this past year.
We didn't want it just to be another
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/115-4
00:17:58.258 --> 00:18:02.199
primary care clinic, right? Again,
we're always looking at how do we
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/114-0
00:17:58.294 --> 00:17:58.854
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/115-5
00:18:02.199 --> 00:18:05.054
innovate and improve processes,
especially around
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/117-0
00:18:05.134 --> 00:18:08.148
provider experience, patient experience.
So in that case,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/117-1
00:18:08.148 --> 00:18:11.213
we're actually leveraging,
we implemented A CCAS solution.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/117-2
00:18:11.213 --> 00:18:15.422
So a contact center as a service because
it's our first outwardly patient facing
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/117-3
00:18:15.422 --> 00:18:18.591
interaction, you know,
really with MedOne having the primary
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/116-0
00:18:17.854 --> 00:18:18.054
Uh-huh.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/117-4
00:18:18.591 --> 00:18:21.085
care clinic.
And we didn't want to just put in,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/117-5
00:18:21.085 --> 00:18:24.254
you know, bells and whistles, you know,
with it. We actually
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/119-0
00:18:24.494 --> 00:18:26.987
have it integrated with our EMR in that
space.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/119-1
00:18:26.987 --> 00:18:29.373
So if you're some patient that's calling
in,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/118-0
00:18:28.174 --> 00:18:28.374
Yeah.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/119-2
00:18:29.373 --> 00:18:32.979
and we also wanted to take an
omni-channel approach because we know
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/119-3
00:18:32.979 --> 00:18:36.585
just even from generational,
patients interact differently with AI,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/119-4
00:18:36.585 --> 00:18:39.820
right? Some still want to call,
some don't mind doing voice,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/119-5
00:18:39.820 --> 00:18:43.744
some want to just chat and interact.
There's different mechanisms, right,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/119-6
00:18:43.744 --> 00:18:45.494
you know, that they wanted to do.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/121-0
00:18:45.654 --> 00:18:48.679
So we wanted to make sure we have that
ability for all.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/121-1
00:18:48.679 --> 00:18:51.434
So this new CCAS solution leverages 2
things. One,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/121-2
00:18:51.434 --> 00:18:55.917
integration into the EMR to pull patient
information forward for the person that's
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/121-3
00:18:55.917 --> 00:18:59.212
receiving the call could have history,
schedule information,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/121-4
00:18:59.212 --> 00:19:02.561
their medical record,
things like that at their fingertips if
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/121-5
00:19:02.561 --> 00:19:05.424
necessary,
depending on the person that's taking the
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/120-0
00:19:03.214 --> 00:19:03.774
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/121-6
00:19:05.424 --> 00:19:05.694
call.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/123-0
00:19:06.174 --> 00:19:10.402
As well from our website, for instance,
you could contact in and the biggest
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/123-1
00:19:10.402 --> 00:19:14.795
things, you know, patient rescheduling,
prescription refills, things like that.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/123-2
00:19:14.795 --> 00:19:19.077
Things that are basic things that you
want to give different avenues that are
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/123-3
00:19:19.077 --> 00:19:23.140
making things easy for a patient.
And then we're also looking into custom
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/122-0
00:19:21.134 --> 00:19:21.774
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/123-4
00:19:23.140 --> 00:19:25.941
agenic AI agents.
The biggest thing people hate in
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/123-5
00:19:25.941 --> 00:19:26.654
healthcare is
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/125-0
00:19:26.774 --> 00:19:29.324
walking into the doctor's office and
repeating yourself.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/125-1
00:19:29.324 --> 00:19:32.097
Knowing that that information is already
there in the record,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/124-0
00:19:29.454 --> 00:19:29.854
Right.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/125-2
00:19:32.097 --> 00:19:34.155
you've already given it 1000 different
times.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/125-3
00:19:34.155 --> 00:19:37.285
How do we leverage some of this
technology to interact with a patient
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/125-4
00:19:37.285 --> 00:19:40.640
prior to coming into the organization?
And then twofold from the physician
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/125-5
00:19:40.640 --> 00:19:43.055
experience,
that information at their fingertips when
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/125-6
00:19:43.055 --> 00:19:45.694
they're seeing that patient,
when they walk into the room,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/126-0
00:19:48.494 --> 00:19:49.054
Right.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/127-0
00:19:53.134 --> 00:19:53.454
Yeah.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/128-0
00:20:01.654 --> 00:20:02.174
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/129-0
00:20:04.734 --> 00:20:04.854
Yeah.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/131-0
00:20:04.894 --> 00:20:09.162
interacting with the patient, you know,
with using this information that they
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/131-1
00:20:09.162 --> 00:20:11.788
already have,
they don't have to repeat things.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/131-2
00:20:11.788 --> 00:20:14.413
That's nirvana, right? You know,
in that space.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/131-3
00:20:14.413 --> 00:20:17.751
And that's what we're trying to build out
and develop there,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/131-4
00:20:17.751 --> 00:20:20.978
leveraging some of these AI tools.
We didn't want to just,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/131-5
00:20:20.978 --> 00:20:24.534
we wanted to be cautious of not follow
the shiny object with AI.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/130-0
00:20:24.934 --> 00:20:25.574
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/135-0
00:20:25.014 --> 00:20:27.975
right? You know,
there's no cost justification of making
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/135-1
00:20:27.975 --> 00:20:31.299
and tailoring an email a little bit
better using the AI, right?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/132-0
00:20:30.054 --> 00:20:30.534
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/135-2
00:20:31.299 --> 00:20:35.143
So we wanted to have true business
justification while looking at our use
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/134-0
00:20:31.934 --> 00:20:32.294
Right.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/135-3
00:20:35.143 --> 00:20:38.415
cases and vetting these out.
We implemented organization wide.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/135-4
00:20:38.415 --> 00:20:41.064
As I said,
we put together this group that kind of
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/135-5
00:20:41.064 --> 00:20:44.492
has oversight and guidance.
And we were very particular of who we
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/135-6
00:20:44.492 --> 00:20:45.894
included on that committee.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/137-0
00:20:46.134 --> 00:20:50.536
It's primarily made up of providers,
you know, in essence, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/136-0
00:20:49.174 --> 00:20:49.654
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/137-1
00:20:50.536 --> 00:20:54.746
on it with some administrative C-level
folks that are also on it,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/137-2
00:20:54.746 --> 00:21:00.040
but making sure that we covered all those
those bases and had a comfort, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/137-3
00:21:00.040 --> 00:21:03.485
comfort with it.
We've attacked in the business side,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/137-4
00:21:03.485 --> 00:21:05.334
we've implemented, we've done
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/140-0
00:21:05.614 --> 00:21:08.045
The co-pilot,
we're doing a co-pilot readiness
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/140-1
00:21:08.045 --> 00:21:10.579
assessment.
So you have your securities and your
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/140-2
00:21:10.579 --> 00:21:14.251
structure and things like that.
But then we're also doing that part of
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/140-3
00:21:14.251 --> 00:21:16.940
the possible of like real life scenarios.
You know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/140-4
00:21:16.940 --> 00:21:19.526
here's real scenarios that we face
business wise,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/140-5
00:21:19.526 --> 00:21:23.612
may it be in accounting or you know,
operational wise or even clinical. Again,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/138-0
00:21:19.534 --> 00:21:19.654
Yeah.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/140-6
00:21:23.612 --> 00:21:27.232
let's run those real use cases.
And it was a safe space really to get
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/140-7
00:21:27.232 --> 00:21:28.214
people comfortable.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/142-0
00:21:28.334 --> 00:21:33.951
which is AI and the technology in the
co-pilot kind of kind of space in arena.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/139-0
00:21:30.374 --> 00:21:30.894
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/142-1
00:21:33.951 --> 00:21:38.785
And then that kind of opens up the doors.
But as I was alluding to,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/142-2
00:21:38.785 --> 00:21:43.478
we as out of that committee,
we implemented an easy mechanism for
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/141-0
00:21:41.934 --> 00:21:42.374
Mmh.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/142-3
00:21:43.478 --> 00:21:47.601
vetting AI tool.
So our user base can simply or send in a
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/142-4
00:21:47.601 --> 00:21:48.454
simple form.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/146-0
00:21:48.654 --> 00:21:51.691
When I say simple,
it's a few key questions to get the
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/146-1
00:21:51.691 --> 00:21:56.164
process rolling of they have an idea,
they're already using something. You know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/143-0
00:21:52.374 --> 00:21:52.854
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/146-2
00:21:56.164 --> 00:21:58.925
one of the fears, I'm also a security guy,
right?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/144-0
00:21:58.134 --> 00:21:58.614
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/146-3
00:21:58.925 --> 00:22:03.397
So one of the fears was shadow AI as an
organization because it's so easy to do,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/146-4
00:22:03.397 --> 00:22:05.992
right?
And we wanted to have transparency with
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/145-0
00:22:03.734 --> 00:22:04.334
Mm-hmm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/146-5
00:22:05.992 --> 00:22:07.814
our users. So if you're using it,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/148-0
00:22:08.134 --> 00:22:11.542
and you're, you know,
we want to know about it, right? You know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/147-0
00:22:10.894 --> 00:22:11.414
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/148-1
00:22:11.542 --> 00:22:14.321
and how do we do it in a way that isn't
like, oh no,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/148-2
00:22:14.321 --> 00:22:16.890
they're not in trouble because they're
doing it.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/148-3
00:22:16.890 --> 00:22:20.770
And that goes full circle back to
building that guardrail concept to be a
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/148-4
00:22:20.770 --> 00:22:24.073
lot easier to approach these things
versus what I like to call
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/148-5
00:22:24.073 --> 00:22:26.694
over-governance, you know,
in many organizations.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/149-0
00:22:27.214 --> 00:22:31.307
and you create these firewalls of
progression of how do we do it in a way
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/149-1
00:22:31.307 --> 00:22:35.732
that's a little more modern in, you know,
in our approach of having guardrails,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/149-2
00:22:35.732 --> 00:22:38.054
easy vetting process, open communications.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/150-0
00:22:38.214 --> 00:22:41.456
So Brian,
we are approaching the end of this
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/150-1
00:22:41.456 --> 00:22:45.562
podcast episode.
Just do you have one or two examples of
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/150-2
00:22:45.562 --> 00:22:49.812
where your providers found AI would have
the greatest use,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/150-3
00:22:49.812 --> 00:22:55.070
whether it be across your clinical,
clinical ops or biz ops verticals at
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/150-4
00:22:55.070 --> 00:22:55.574
MedOne?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/151-0
00:22:56.134 --> 00:22:59.385
Yeah,
so I can touch on just two maybe use case
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/151-1
00:22:59.385 --> 00:23:03.380
examples. You know,
where providers are always going to be
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/151-2
00:23:03.380 --> 00:23:07.036
very hesitant, I think,
with AI when it comes, again,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/151-3
00:23:07.036 --> 00:23:11.438
to patient facing things.
I think where they leverage it and see
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/151-4
00:23:11.438 --> 00:23:15.974
the opportunities, again,
is for documentation. How do I use AI to
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/152-0
00:23:16.854 --> 00:23:21.820
help me document things a lot quicker,
the administrative aspect of, you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/152-1
00:23:21.820 --> 00:23:24.963
of things.
Even decision support related items of
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/152-2
00:23:24.963 --> 00:23:29.614
bringing the knowledge to their
fingertips to be able to discern a lot of
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/152-3
00:23:29.614 --> 00:23:34.643
data really quickly are some use cases.
So we have some tools that we're using,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/152-4
00:23:34.643 --> 00:23:36.214
third party tools of just
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/154-0
00:23:37.974 --> 00:23:41.294
patient information,
decision support type tools that are out
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/154-1
00:23:41.294 --> 00:23:44.667
there. Business wise,
I can tell you a real use case right now
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/154-2
00:23:44.667 --> 00:23:47.719
that, you know,
that I'm doing is HIPAA compliance every
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/154-3
00:23:47.719 --> 00:23:50.503
year, right?
Every organization has to go through a
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/154-4
00:23:50.503 --> 00:23:54.411
HIPAA compliance perspective,
lots of policies to go through every year.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/154-5
00:23:54.411 --> 00:23:58.694
How do you quickly match up that evolving
changing of policies and regulations?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/156-0
00:23:58.974 --> 00:24:01.905
that are occurring both federal or state,
you know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/153-0
00:23:59.054 --> 00:23:59.574
Mmh.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/156-1
00:24:01.905 --> 00:24:04.835
that that could be occurring against your
policies.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/156-2
00:24:04.835 --> 00:24:08.104
So I'm looking at leveraging AI to
actually go out there,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/156-3
00:24:08.104 --> 00:24:11.316
pull in that information,
look at our existing policies,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/156-4
00:24:11.316 --> 00:24:13.796
and automate that process, right?
You know,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/156-5
00:24:13.796 --> 00:24:18.078
so that's something that could take hours
and hours and hours every single,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/156-6
00:24:18.078 --> 00:24:20.614
you know,
year to keep those things current.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/155-0
00:24:19.494 --> 00:24:20.054
Mhm.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/157-0
00:24:20.934 --> 00:24:22.973
How do we leverage some of this
technology?
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/157-1
00:24:22.973 --> 00:24:25.845
That's where there's real cost value in
some of those things,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/157-2
00:24:25.845 --> 00:24:29.551
even like co-pilot and helping automate
some of those things while bringing in,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/157-3
00:24:29.551 --> 00:24:32.423
you know, live information,
changes that are occurring that's
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/157-4
00:24:32.423 --> 00:24:35.527
available to the public and making our
administrative life easier.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/157-5
00:24:35.527 --> 00:24:39.048
So those are just some quick win topics.
We also are leveraging that on the
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/157-6
00:24:39.048 --> 00:24:40.854
accounting side, as you can imagine, of
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/158-0
00:24:41.574 --> 00:24:44.649
you know,
a lot of different data points to pull in
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/158-1
00:24:44.649 --> 00:24:49.202
and how do you make that in a visual way
to discern that information, right,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/158-2
00:24:49.202 --> 00:24:51.094
to share, you know, to the team.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/159-0
00:24:51.734 --> 00:24:55.526
Well, Brian,
I appreciate you joining me again today.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/159-1
00:24:55.526 --> 00:25:00.863
We've covered a lot of ground from
finding alternative revenue streams with
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/159-2
00:25:00.863 --> 00:25:06.481
One Connect, which became Memory Health,
which you've spun off and now can seek
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/159-3
00:25:06.481 --> 00:25:10.413
new customers,
to leveraging AI in particular use cases
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/159-4
00:25:10.413 --> 00:25:10.694
that
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/160-0
00:25:10.854 --> 00:25:13.871
bring,
allow providers to digest data quickly,
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/160-1
00:25:13.871 --> 00:25:18.812
bring a lot of background information to
their fingertips quickly to support
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/160-2
00:25:18.812 --> 00:25:23.048
clinical decision support,
allow and streamline documentation and
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/160-3
00:25:23.048 --> 00:25:28.374
regulatory compliance use cases. So Brian,
thank you so much for joining us today.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/161-0
00:25:29.414 --> 00:25:32.864
Yeah, thank you, Jordan, for having me.
And I really appreciate the opportunity
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/161-1
00:25:32.864 --> 00:25:34.934
just to share what we're doing here at
Med One.
54c6cb4d-6902-4b63-a9b7-45fc9a76667b/162-0
00:25:35.414 --> 00:25:39.174
And again, this has been Brian Shea,
the CIO of MedOne Health Partners.
We recommend upgrading to the latest Chrome, Firefox, Safari, or Edge.
Please check your internet connection and refresh the page. You might also try disabling any ad blockers.
You can visit our support center if you're having problems.