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Healthcare Disruption with Big Tech

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In this episode of This Week in Health Tech, Vik and Jimmy are joined by Unmesh Srivastava, CTO of P3 Health Partners. They discuss the role of Big Tech in healthcare.

Here is what they discussed:

  • “Our secret sauce is the data enablement and our care-model.”
    • Unmesh introduces P3 Health Partners, a health population management group. P3 Health Partners utilizes their care-delivery network to provide the best patient/provider experience.
  • “Healthcare is changing, and it’s changing really really quick.”
    • COVID has changed the landscape of healthcare forever. Unmesh comments on Big Tech starting to enter the healthcare industry and how they can be the disruption that the industry needs.
  • “This is one industry(healthcare) that needs to be disrupted by tech, data, policies and more transparency.”
    • Jimmy asks why Big Tech is starting to enter the industry. Unmesh comments that they biggest problem in America is the current healthcare system. As Big Tech enters the market, they can start to alleviate some problems, just as Big Tech did in other sectors such as transportation.
  • “To hold us true to P3’s promise of care, data is the only currency that is going to make it work.”
    • Data is the bedrock layer of any organization, as commented by Unmesh. Vik asks about P3’s digital strategy and Unmesh goes into detail about P3 Data Fabric. Vik mentions a similar strategy that Tido Inc implements called Smart Integration.
  • “How can you police Big Tech without actually having rules they need to follow?”
    • Vik questions the regulations surrounding Big Tech as the enter the healthcare market. Unmesh discusses that policies, compliance and governance need to be in place. Jimmy makes a point about regulations and policies being the reason why the healthcare industry is so behind other industries in terms of digital transformation.
  • “The future of healthcare is going to be less episodic and more continuous virtual care.”
    • The trio discuss where the future of healthcare can go. Vik brings up body chips and wearables. Unmesh believes that the future will bring in a more constantly monitored based system for healthcare.

Listen to the episode:

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Find out more about P3 Health Partners:

https://p3hp.org/