On today’s episode of the LogicStreaming Podcast, titled TechTalk, host Patrick Yoder, CEO and co-founder of LogicStream Health, sits down with Jeremy Pierotti, CEO and co-founder of Sansoro Health to talk appropriate utilization and the business of starting healthcare IT businesses.
The discussion among the two leaders of growing and successful healthcare software businesses covers a range of topics including:
- Unnecessary spending on low-cost, high-volume health services
- The motivation behind starting a business
- Growth strategies for healthcare IT businesses
- The importance of customer feedback in developing successful software
- The upcoming HIMSS18 conference March 5 to 9 in Las Vegas
According to a recent article in the periodical Health Affairs, there continues to be massive waste in healthcare due to unnecessary testing and variation in care. The article points out that while there is recognition of the waste, often the focus is placed on reducing high-cost procedures. This approach will have some impact, but as Patrick outlines, it may not be the best approach.
Patrick describes some ways health systems can identify and impact this high-volume, low-cost variation and provides examples of how some LogicStream Health customers have achieved impactful savings by reducing unnecessary spending with company’s software platform.
The conversation then turns to Jeremy and Patrick discussing the motivations and challenges of starting healthcare IT businesses. They also cover problems each is solving in healthcare and goals and growth strategies for 2018. Both CEOs have unique experiences and the conversation is lively and informative. They wrap up with a quick discussion on the companies’ involvement in the upcoming HIMSS18 conference.
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