I'm Praveen Suthrum. After 16+ years of building and running NextServices, a healthcare technology/management company, the challenges and opportunities in the industry leap out at me. I also get early access to industry trends and changes.
Whether you are seeking to start or grow your healthcare business, my weekly insights will make you spot opportunities and stay on top of your game. It'll help you think differently about healthcare.
Two ways people consistently describe what I write:
"insightful" and "thought-provoking".
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We are all in the midst of not one but several waves of disruption.
There are many forces at play. When these forces intersect, they multiply. When they multiply, they change everything exponentially. And after that there’s no stopping.
I sat in a Google self-driving car back in 2012...when it was still a Toyota Prius. See the pic below. Neither I nor the car look this way anymore.
Recently I was at a healthcare facility in a semi-urban region - less than 100 miles from a major metro. It had a whiff of industry from good times that have long drifted by.
I tried to locate a Starbucks. Google Maps spotted one and took me towards the local university campus. As I drove there, I noticed several pain management clinics advertising themselves in unusual ways for "relief".
If you throw a pebble today, it's likely to land on an article that talks about how artificial intelligence and its brother machine learning are changing healthcare.
Yes, I get it broadly. But I was curious to explore how exactly healthcare's trends are shaping any one medical specialty.
Instead of driving on the highway, let’s imagine you drove upwards from wherever you are…you’ll reach space in about an hour.
Just like you, I'm trying to make sense of the world around me. But there are no templates for the bridge that healthcare's building for its future.
All we can do is listen to weak signals and amplify them.
Well, they are calling it the golden age of rectums! The trends are simple and straightforward.
First, baby boomers and beyond are aging and staying alive longer.
Instead of waiting for a machine to come after you, it’s better that you steadily kill your job yourself. And invite the machine to takeover.
It’s going to get increasingly tougher to standout by being robotic when there are real robots buzzing around. Surely, machines will be better at any work that requires repeatability, learning and spotting patterns.
Leading a group of people towards a common objective is tough. It constantly requires you to evaluate your decisions based on various changes. Sometimes, it requires restructuring your team to achieve a higher objective.
You may be driven towards a re-org because of many reasons.
I have always found that when you announce your intentions, people will join you on your journey. A moving train going somewhere is more appealing than the one that's going nowhere.