Arcadia CEO: Data Platforms May Replace EHRs As Health Systems' 'Core'
Summary
Health care leaders are discussing whether to build their own artificial intelligence (AI) tools or buy them from vendors. Some say building AI is cheaper but hard to maintain, while buying means paying more but having support. Experts suggest working with technology companies and focusing on how to manage changes in health systems.Key Facts
- Hospitals face decisions about building AI tools internally or buying from outside vendors.
- Building AI tools can be less expensive but requires ongoing support and maintenance.
- Buying AI tools is costly but provides vendor support, especially for urgent fixes.
- Health systems have struggled with electronic health records (EHRs) because of complexity and maintenance issues.
- Arcadia, a health care data company, launched Ascent, an AI platform to improve health and financial outcomes.
- Organizations spend more on managing change than on technology itself.
- Rush University System for Health is merging with Endeavor Health to create a large health system with over 46,000 staff.
- The merged system plans to invest $1 billion in community health, academic programs, research, and innovation.
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