Innovating in a Chaotic Healthcare System

May 29, 2018 | By Tapan Mehta
| min

“Complexity is the carbon-dioxide that slows down innovation; simplicity is the oxygen that accelerates innovation.”

Earlier this year, Amazon, JP Morgan Chase, and Berkshire Hathaway announced plans to jointly form an independent, not-for-profit healthcare company for their 1.2 million employees marking a bold move by three marquee companies in the world to take a crack at resolving complicated issues in a chaotic healthcare industry. While a lot of the focus of this initiative has been centered on improving coverage at a reduced cost for their US employees, its implications if done correctly could have ripple effect for the broader public.

As written in several prior blogs, I firmly believe that innovative technology has a major role to play in disrupting a broken and a complicated healthcare system. Artificial intelligence, cognitive computing, IoT, and cloud are just few of the examples that are starting to accelerate the ongoing digital transformation in the healthcare industry. While each of these four areas warrant its own analysis, I will focus on the cloud computing front, which over the past couple of years has picked up significant momentum across the entire healthcare eco-system. According to MarketsandMarkets research firm, the cloud-based computing in the healthcare industry is on the rise and is projected to reach $9.5B by 2020 as physicians, hospital administrators, and patients demand secure access to information in a cost-efficient way.

The use of cloud computing is increasingly becoming a business-critical technology that is transforming how healthcare organizations – providers, payers, and pharma companies are leveraging it to optimize not only their opex and capex investments, but also to drive fundamental changes in the healthcare delivery. Evolving business models and regulatory requirements are forcing these organizations to be more agile, more responsive, more patient-centric and to do so with utmost simplicity. Hyperconverged technologies such as the Nutanix Enterprise Cloud OS based HCI platforms are steadily becoming a critical standard in the industry by providing an agile and simplified cloud computing platform whereby clinical and IT workloads can run more efficiently. IDC recently wrote about how hyperconverged infrastructure technology is transforming the healthcare industry and the white paper can be found here.

In-fact based on several conversations with healthcare CxOs, a multi-cloud strategy is becoming more mainstream with their overall execution and as such customers are looking at a mix of private and public cloud options. This is driven by the need to manage enterprise IT complexity, application locality especially as it relates to patient privacy and data security, data sovereignty, and de-risking vendor lock-in.

At Nutanix’s recently held .NEXT conference in New Orleans, senior executives from Guidewell/Florida Blue and Assuta Medical Centers shared their views around how they are embracing Nutanix’s HCI platform to manage private and public cloud automation, scaling and performance, and the importance of stability during upgrade cycles with zero downtime. One of the major takeaways from this conversation is around continuous rapid innovation in a simplified manner. Click here to learn more about how these two customers are embracing novel ways of transforming their organizations to achieve positive business outcomes.

I realize that our healthcare system is complex and broken, but at the same time it’s very refreshing to hear from customers that they continue to innovate in a chaotic healthcare system. To learn more about Nutanix healthcare solutions, please click here.

Disclaimer: This blog may contain links to external websites that are not part of Nutanix does not control these sites and disclaims all responsibility for the content or accuracy of any external site. Our decision to link to an external site should not be considered an endorsement of any content on such site.

© 2018 Nutanix, Inc. All rights reserved. Nutanix and the Nutanix logo are registered trademarks or trademarks of Nutanix, Inc. in the United States and other countries. All other brand names mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s).