HLTH, CHIME, HC2HC – Three Events 4 Weeks, Here’s My Recap
Episode 22517th November 2021 • This Week Health: News • This Week Health
00:00:00 00:15:23

Transcripts

Bill Russell:

Today in health, it we're going to do a conference recap.

Bill Russell:

We've been doing conference shows for the last couple of weeks.

Bill Russell:

And today I'm going to give you a recap of.

Bill Russell:

Some of the things that I'm thinking, some of the things that I think

Bill Russell:

were key to that, I'm also going to give you a little update of what

Bill Russell:

we're going to be doing next year.

Bill Russell:

My name is bill Russell.

Bill Russell:

I'm a former CIO for a 16 hospital system and create, or this week in health, it.

Bill Russell:

I channeled dedicated to keeping health it staff current and engaged.

Bill Russell:

All right before we begin a couple of things.

Bill Russell:

One.

Bill Russell:

I wouldn't be doing no shows next week.

Bill Russell:

So the week of Thanksgiving, I'm not going to be doing any shows

Bill Russell:

and I'm going to be taking a pretty long production break in December.

Bill Russell:

So I will be doing.

Bill Russell:

Shows through the end of this week.

Bill Russell:

I'll probably be doing shows the first week of December, and then we'll be

Bill Russell:

taking off through the end of the year before we take off again on January.

Bill Russell:

I think it's third is the Monday this year and we will start up again.

Bill Russell:

We've done about 200 and.

Bill Russell:

I don't know, 240 of these shows.

Bill Russell:

We've only taken off for holidays and one day, which I was in the hospital.

Bill Russell:

So this is a lot of fun to do this show.

Bill Russell:

But it's also a lot of work to get up every morning at five 30 and record these.

Bill Russell:

So I wouldn't be taking about a three-week break at the end of December.

Bill Russell:

From this show, but not from the.

Bill Russell:

This week show or the news day show, you're going to still be hearing episodes

Bill Russell:

of that through the end of the year.

Bill Russell:

All right before we begin, I wanted to share an exciting

Bill Russell:

announcement for this week in health.

Bill Russell:

It starting in 2022.

Bill Russell:

We're going to be launching two new podcast channels to bring our

Bill Russell:

community more specialized content.

Bill Russell:

And it's content that's very specific to your needs.

Bill Russell:

Our channel will now include our news channel, which is this channel

Bill Russell:

that you're listening to, but we're also going to take the news day

Bill Russell:

show and drop it into this channel.

Bill Russell:

We're going to have a new channel called community.

Bill Russell:

A channel called academy.

Bill Russell:

And a channel called conference.

Bill Russell:

Let me give you an idea of what that's gonna look like.

Bill Russell:

We will have four different channels on iTunes and Google play and the rest

Bill Russell:

that you can subscribe to and each one will have a specific feel to it.

Bill Russell:

The news channel obviously is this one, and it's about staying

Bill Russell:

up to date on what's going on.

Bill Russell:

It'll include these shows where I talk about a specific news story.

Bill Russell:

It will also include the news day show.

Bill Russell:

Where we have about an hour.

Bill Russell:

Where I have other people on the show and we talk about what's going on to the news.

Bill Russell:

So you get different perspectives on the news.

Bill Russell:

The community channel is something I'm really excited about.

Bill Russell:

We have invited guest hosts to come on and record with people from their network.

Bill Russell:

And our hope there is to get deeper into the topics that are top of mind for you.

Bill Russell:

Security, clinical informatics data, AI digital, you name it.

Bill Russell:

But it's not only going to be me.

Bill Russell:

It's primarily going to be guests hosts and we've already started

Bill Russell:

those invitations and we have a couple of people lined up.

Bill Russell:

If you think you would be good for that, please let me know

Bill Russell:

bill@thisweekathealthit.com.

Bill Russell:

All right.

Bill Russell:

So that's the community channel and we are looking forward to that.

Bill Russell:

That's gonna be fun.

Bill Russell:

The academy channel.

Bill Russell:

This is really what we consider to be it university.

Bill Russell:

This is where you have somebody coming on board and you want to

Bill Russell:

ramp them up as quickly as possible.

Bill Russell:

We are going to take excerpts from our show over the last five years.

Bill Russell:

The highlights and we are going to put out three shows a week

Bill Russell:

in what we call the insights.

Bill Russell:

Show within the academy channel.

Bill Russell:

There will be other shows within that education sphere, the academy sphere.

Bill Russell:

But we're starting with a show called insights, three episodes a week.

Bill Russell:

Highlights from our shows over the last five years.

Bill Russell:

If you have somebody who's new to health, it, somebody who's looking

Bill Russell:

to come up to speed somebody who's who you're looking to develop and

Bill Russell:

train and those kinds of things.

Bill Russell:

This is a great channel for them.

Bill Russell:

They're about 10 minutes long each.

Bill Russell:

And a again, highlights from our show.

Bill Russell:

So we've had some amazing guests with great insights.

Bill Russell:

And we want to bring some of that content back.

Bill Russell:

Into the consciousness.

Bill Russell:

For discussion and keep that moving.

Bill Russell:

And then the conference channel.

Bill Russell:

A lot of us get on planes.

Bill Russell:

We travel thousands of miles to go to a conference, to

Bill Russell:

interact with people, to hear.

Bill Russell:

Keynote speakers.

Bill Russell:

To learn about new products and those kinds of things.

Bill Russell:

That's what the conference channel is going to be about.

Bill Russell:

We're going to do those long form interviews.

Bill Russell:

We're going to call that show keynote, moving forward.

Bill Russell:

We have solution showcases where we highlight the products that are

Bill Russell:

interesting and coming forward.

Bill Russell:

We're also going to have briefing campaigns on specific topics

Bill Russell:

and those kinds of things.

Bill Russell:

So that is what we're going to be doing next year for channels.

Bill Russell:

For this week in health, it.

Bill Russell:

And we are very excited about it.

Bill Russell:

You're going to be able to subscribe starting on Monday of next week.

Bill Russell:

You can subscribe by visiting us at this week.

Bill Russell:

health.com/shows a page, which I have not developed yet, but will be

Bill Russell:

developed by Monday for you to go out there and subscribe to these shows.

Bill Russell:

All right.

Bill Russell:

So here's what I wanted to do over the next couple of days.

Bill Russell:

I wanted to give you a conference recap.

Bill Russell:

I was asked at the end.

Bill Russell:

Of the healthcare to healthcare event.

Bill Russell:

To address the CEO's in the room and talk to them about my last four weeks.

Bill Russell:

I was at the health conference, the chime fall forum.

Bill Russell:

And the healthcare to healthcare.

Bill Russell:

event And.

Bill Russell:

What I did is I did a rundown of each event, what the flavor of that event was.

Bill Russell:

And then I went into the top five things that were top of mind for the CIO.

Bill Russell:

I'm going to save the top five things until the first week of December.

Bill Russell:

And I will break those out.

Bill Russell:

Probably those will be the last five shows I do.

Bill Russell:

For the year.

Bill Russell:

And I talk about each one of those five things in detail.

Bill Russell:

If you want to know what the five things are, that are top

Bill Russell:

of my, for health it executives.

Bill Russell:

One is labor.

Bill Russell:

Number two is cyber security.

Bill Russell:

Number three is all things.

Bill Russell:

Digital.

Bill Russell:

Number four is automation.

Bill Russell:

Number five is care venues.

Bill Russell:

And I did it that quickly just to wet your appetite and you'll have to come

Bill Russell:

back the first week of December to hear me break out each one of those.

Bill Russell:

And what I heard and why it's top of mine.

Bill Russell:

For today, let's go through the conferences.

Bill Russell:

In a little bit of detail.

Bill Russell:

The first conference I went to was the health conference.

Bill Russell:

H L T H.

Bill Russell:

However you want to say that.

Bill Russell:

The name of that conference, I call it the health conference.

Bill Russell:

It was in Boston.

Bill Russell:

It was really well done.

Bill Russell:

As I've talked about before.

Bill Russell:

I just have a few notes from that conference.

Bill Russell:

The first is there's an awful lot of money chasing health tech at this point.

Bill Russell:

The this is the conference where innovators go, where a startups go.

Bill Russell:

A lot of what happens here is you have the innovators meeting with the money people.

Bill Russell:

And having conversations.

Bill Russell:

It's also a place to be if you're trying to get awareness.

Bill Russell:

Of what you are doing in healthcare.

Bill Russell:

A lot of great talks from a front.

Bill Russell:

Some of the ones I will highlight.

Bill Russell:

Are in some of the companies I'm going to highlight for what they said.

Bill Russell:

I'm not going to go into all the individual startups.

Bill Russell:

There was a great.

Bill Russell:

Solutions there.

Bill Russell:

And that, that would take a week to talk about all those different things.

Bill Russell:

So let me just give you an update on three companies.

Bill Russell:

I think really really caught my eye and continue to catch

Bill Russell:

my number one is Walmart.

Bill Russell:

The Walmart presentation was exceptional.

Bill Russell:

And continues to be exceptional.

Bill Russell:

In terms of their approach, they've been in healthcare since 1978.

Bill Russell:

And I think they, them at dollar general and CVS.

Bill Russell:

These are the companies that are going to give us inroads into addressing

Bill Russell:

some of the gaps in rural health.

Bill Russell:

And they had a great message, a great offering in that space.

Bill Russell:

The second is transparent.

Bill Russell:

Anytime I get together with Glen Tullman, I'm really impressed.

Bill Russell:

With how they are addressing the challenge that employers face.

Bill Russell:

With regard to, to Providing care for their employees.

Bill Russell:

The solution is elegant.

Bill Russell:

It is smart.

Bill Russell:

It is well thought out.

Bill Russell:

It is.

Bill Russell:

It's going to be interesting to watch and that's one to keep an eye on.

Bill Russell:

The final one to keep an eye on.

Bill Russell:

And I highlight these three for a reason.

Bill Russell:

One is the audience for the show is primarily healthcare providers.

Bill Russell:

And I believe Walmart is a, it, Walmart is a partnership opportunity.

Bill Russell:

I believe transparent is a partnership opportunity and I believe best buy being.

Bill Russell:

The third one is a.

Bill Russell:

Partnership opportunity.

Bill Russell:

As we've talked about on the show before they have bought a lot

Bill Russell:

of devices, a device companies, medical device companies.

Bill Russell:

They see themselves as really fixing.

Bill Russell:

The last mile of healthcare into the home.

Bill Russell:

And they're very good at it.

Bill Russell:

They're extremely good at setting things up in the home, Ella.

Bill Russell:

Electronics and technology in the home and all the things that entails

Bill Russell:

a great partnership opportunity.

Bill Russell:

Instead of trying to build that out for any health system.

Bill Russell:

The final thing I'll know from the health conference is Every.

Bill Russell:

Almost every presentation started with some facsimile of this.

Bill Russell:

We are this company, I'm the CEO of this company and we have 120 open positions.

Bill Russell:

We have 110 open positions.

Bill Russell:

We have 105 open positions.

Bill Russell:

There is serious competition for labor, especially in this health tech space.

Bill Russell:

And it is only going to get tighter.

Bill Russell:

And that's why it's the number one issue.

Bill Russell:

I believe that's top of mind for all of you.

Bill Russell:

Second conference was chime fall forum.

Bill Russell:

Let me give you a couple of things that I learned from there.

Bill Russell:

A lot of conversations, obviously we recorded 10 of them and shared

Bill Russell:

them on this channel, but the.

Bill Russell:

The thing I would say is the pandemic impact continues to be uneven.

Bill Russell:

There is a growing haves and have nots in healthcare.

Bill Russell:

Those organizations with the funds to do all the things they need to

Bill Russell:

do, and those without the funds to do the things that they need to do.

Bill Russell:

There's a drive to do more with less.

Bill Russell:

In terms of.

Bill Russell:

Not only funding, do more with less money, but also do more with less people.

Bill Russell:

There's a staffing shortage that's going on in healthcare, in it and in nursing.

Bill Russell:

And.

Bill Russell:

Those two shortages are creating a challenge.

Bill Russell:

For health systems and we'll continue to create a challenge for health systems.

Bill Russell:

And so that is another thing that I picked up in the conversations.

Bill Russell:

The other thing I'll say is digital.

Bill Russell:

Everybody has a digital story.

Bill Russell:

What they've done with chatbots, what they've done with scheduling, what they've

Bill Russell:

done with digital front doors, what they've done with just a host of things.

Bill Russell:

That people are doing a digital initiatives of bound and health system

Bill Russell:

leaders are excited about those things.

Bill Russell:

And pushing them forward.

Bill Russell:

That's one of the, one of the benefits of the pandemic is we made

Bill Russell:

a lot of progress very quickly.

Bill Russell:

And there's a recognition that we are going to continue to move at that

Bill Russell:

pace or need to move at that pace.

Bill Russell:

And so the money is going to certain areas.

Bill Russell:

Really easily and that's one is security and the second is digital initiatives.

Bill Russell:

And so we're seeing a lot of progress in that space.

Bill Russell:

The final conference I went to was the healthcare to healthcare.

Bill Russell:

Event, which was a serious invite only event, about 15 CEOs in the room.

Bill Russell:

Interesting conversation.

Bill Russell:

The first takeaway for me from that was clinical automation.

Bill Russell:

And we heard from a company called the artist site.

Bill Russell:

I interviewed their CEO on the show.

Bill Russell:

Clinical automation is interesting to me.

Bill Russell:

It's one of the areas in automation that we've stayed away from.

Bill Russell:

We've done all the administrative stuff.

Bill Russell:

We continue to really look to fine tune the administrative, but the

Bill Russell:

clinical automation has a lot of promise, especially in this age.

Bill Russell:

Where we have a nurse.

Bill Russell:

Shortage.

Bill Russell:

So that's going to be something to keep an eye on.

Bill Russell:

A lot of CEOs are worried about this erosion of culture due to remote work.

Bill Russell:

And I know that some people are going to Hal and go, oh my gosh,

Bill Russell:

I can't believe, the old stodgy.

Bill Russell:

CEO's eye.

Bill Russell:

I'll put me in that category of old stodgy, CIS, I was a walk around,

Bill Russell:

talk to people, kind of manager.

Bill Russell:

And I would have to learn all sorts of new methods and approaches.

Bill Russell:

In order to do remote work.

Bill Russell:

Also keep in mind that no matter how remote you make healthcare,

Bill Russell:

50% or more of your employees are always going to be on site.

Bill Russell:

So it is going to have to be a dual kind of environment.

Bill Russell:

And building culture in that environment takes a lot of effort, takes learning

Bill Russell:

some new tricks, and that is going to be a challenge for many leaders.

Bill Russell:

The other statistic I heard multiple times during my trip was 3 million women have

Bill Russell:

left the workforce during the pandemic.

Bill Russell:

This is I think part of the nursing shortage, but it's also.

Bill Russell:

Going to be a challenge for us moving forward.

Bill Russell:

In terms of having diversity of thought, having a different

Bill Russell:

approach, having representation of women in the decision-making.

Bill Russell:

As we know, women make a majority of the healthcare decisions in the United

Bill Russell:

States and not having them present.

Bill Russell:

In the healthcare ecosystem to help to guide the direction in the future.

Bill Russell:

Both from a business side and from a clinical clinical side,

Bill Russell:

as well as a technology side.

Bill Russell:

Is going to be a significant loss.

Bill Russell:

And I think that will lead to us being more creative in terms of

Bill Russell:

how we bring women back into the workforce after the pandemic.

Bill Russell:

And then finally,

Bill Russell:

There's, we are making significant progress on cybersecurity, but there's

Bill Russell:

a feeling and this is just my personal, that they are still winning the

Bill Russell:

cybersecurity battle and that they is.

Bill Russell:

The opponents they're getting in some of them are widespread and

Bill Russell:

very debilitating kinds of attacks that take health systems down for.

Bill Russell:

Mo for a month or so, and those get written up and we all hear about

Bill Russell:

them and those are highly publicized.

Bill Russell:

But there's a lot of other events where people get in a, they

Bill Russell:

are milling around our network.

Bill Russell:

And it's maybe not as broadly publicized because they're not taking the health

Bill Russell:

system down, but they are wreaking havoc and we're still not winning this battle.

Bill Russell:

There's still a long way to go.

Bill Russell:

And a lot of work.

Bill Russell:

To do in that area.

Bill Russell:

So that's my, that's the recap of the Of the conferences again, I'll come back.

Bill Russell:

In in a week following the Thanksgiving vacation and I'm going to go through the

Bill Russell:

top five top of mind issues for health.

Bill Russell:

It execs.

Bill Russell:

And we will break each one of those down individually and

Bill Russell:

talk about each one of those.

Bill Russell:

So that is all for today.

Bill Russell:

If you know someone that might benefit from our channel,

Bill Russell:

please forward them a note.

Bill Russell:

They can subscribe on our website this week, health.com or wherever

Bill Russell:

you listen to podcasts, apple, Google, overcast, Spotify, Stitcher.

Bill Russell:

You get the picture.

Bill Russell:

We are everywhere and we hope to be even more places in 2022.

Bill Russell:

We want to thank our channel sponsors who are investing in our mission to develop

Bill Russell:

the next generation of health leaders.

Bill Russell:

VM-ware Hill-Rom Starburst advisers, McAfee, and Aruba networks.

Bill Russell:

Thanks for listening.

Chapters