There’s a famous saying about innovation:
“It’s not about improving the candle, but rather, building a light bulb.”
For decades, healthcare has talked about becoming consumer driven. Initiatives to that end, for the most part, have been incremental in nature: aka, building a better candle.
We’ve installed kiosks in our reception areas, put up billboards with live wait times, and provided apps and portals for limited self-service.
Improvements? Sure. But they don’t represent a shift to a truly consumer driven model—no lightbulb quite yet.
Meanwhile, time flies by, and in the US, the traditional approach has become unsustainable. At almost 20 percent of GDP, our costs are among the highest in the world. Despite that spend, outcomes are nowhere near the top of the class.
So, we hear a lot of talk about the pursuit of the triple aim of reducing costs, improving outcomes, and raising patient satisfaction (now, properly expanded to the quadruple aim, which adds the very real problem of solving provider burnout to the mix).
Over the last three decades I have had the privilege of serving this industry on both the provider and the technology side of things. During that time, I’ve never met anyone who disagrees that it is imperative that we lower costs, improve outcomes, and increase satisfaction for all stakeholders—both patients and providers. But, I think it is fair to say that we still have a lot of opportunity for improvement.
Perhaps the COVID-19 pandemic represents a sea change—our lightbulb moment. Could the silver lining be that we are forced to dramatically transform in a meaningful way?
The innovative solutions that have been deployed to address the COVID-19 crisis provide an opportunity for the industry to advance the use of technology to deliver better outcomes for patients, and create tools that fit seamlessly within a physician's workflow. This has always been the vision, but the coronavirus crisis highlighted the urgency, immediacy and magnitude of that need.
Consumer engagement in healthcare is the key to the kingdom
The pressure of the COVID-19 pandemic has pushed the healthcare industry in a rational direction, effectively pouring lighter fluid on a transformation that was already underway, as we saw earlier this year with new reimbursement rules around mHealth.
In weeks, COVID-19 has proven that tech can work in healthcare when it comes to patient convenience, access, and quality care at a lower cost. The way we deliver healthcare will be fundamentally changed for the better.
Software has enabled healthcare providers to build and scale at unprecedented speed in response to overwhelming doctor and patient need, as hospitals struggle to curb the spread of the virus while continuing to deliver care through the pandemic.
In a matter of days, Sycle Health launched a telehealth platform after just four days of development. Asparia, formerly SimplifiMed, can now triage patients online via chatbot and video—an innovation that took less than a week. Patient engagement platform Cipherhealth launched a remote COVID-19 screening outreach program to help providers better allocate precious resources—in just 48 hours.
In hard-hit New York, Mount Sinai health system, one of the largest health systems there, has drastically changed how they communicate with patients. It started with a text-to-chat interaction they started building for the flu season, so patients could text and explain their symptoms rather than visit an ER. Adoption has increased 10x in the last month.