Healthcare is fragmented…
Platforms make connections and facilitate interactions…
Platforms are more than just technology.

Advising on

Healthcare strategy & business models for platforms, ecosystems & AI

Subscribe if you want to be notified of new blog posts. You will receive an email confirming your subscription.

Please enter your name.
Please enter a valid email address.

Please check the captcha to verify you are not a robot.

Something went wrong. Please check your entries and try again.

The Healthcare Platform Blog formerly e-CareManagement Blog

Strategy & Business Models • Chronic Care • Technology • Policy

“The Point Solution Paradox” in Healthcare’s Adoption of AI

AI adoption in healthcare is facing “The Point Solution Paradox”. This paradox highlights the intricate balance between the necessity of point solutions in the evolution of AI in healthcare and the challenges they pose in an already fragmented industry.

Here’s a roadmap to this post:

  • Investment and innovation has been dynamic, but adoption lags
  • A 3-phase framework for AI adoption
  • The Point Solution Paradox
  • Care providers prefer integrated solutions
  • A case study of The Point Solution Paradox: medical imaging
  • How will The Point Solution Paradox play out in healthcare?

This blog post is the first in an occasional series examining the synergies between AI and platforms.

Investment and Innovation has Been Dynamic, But Adoption Lags

The digital health landscape has been dynamic. A 2023 report by FINN Partners and Galen Growth documented that there are over 9,000 digital health ventures worldwide. An analysis by Tracxn estimated that there are over 3,147 AI startups in healthcare in the United States alone.

However, the adoption of AI in healthcare has lagged for varied reasons. For example, an August 2023 report by Bain and Company found that only 6% of health systems have a generative AI strategy.

Thus, a pivotal question arises: How will future AI adoption unfold in healthcare?

Read More about “The Point Solution Paradox” in Healthcare’s Adoption of AI

The Mathematical Imperative for Platforms in Healthcare

Network mathematics explains the imperative for platforms in healthcare.

There are only two ways to make connections in a network — i.e., ways to connect the diverse nodes in a network. The first is through point-to-point connections. A simple diagram (below) provides an example of the math. Here there are six different participants in a healthcare network. If you rely on point-to-point interfaces – such as email, fax, phone, in-person contacts – there are 15 possible connection points to make.

In a point-to-point network, as the number of nodes in a network increases linearly, the number of possible connection points increases exponentially.

The connections between the nodes can represent potential communications, actions, or data transfers. You can also think of the connections as potential failure points in a network — where communications, actions, or data transfers should happen but don’t.

The other way to connect nodes – or people – in a network is through a network hub — a platform.

Read More about The Mathematical Imperative for Platforms in Healthcare

EXPERTISE IN PLATFORM STRATEGY & BUSINESS MODELS

Vince Kuraitis

Vince Kuraitis JD, MBA

Vince brings 30+ years’ healthcare executive and consulting experience across more than 150 organizations. Clients have included tech companies, hospitals, physician groups, IT, medical devices, pharma, health plans, disease management home health, and others. Vince received his graduate degrees at UCLA.

More than 12 years ago, Intel started a long journey to help build a consumer health ecosystem that would enable true patient empowerment and responsibility, care to the home and community, and personalized treatment using mobile devices and next generation diagnostics. With our many projects over the years, Vince has been far more than a just another consultant. He has become a confidant and collaborator—almost part of the Intel family—in helping to shape the wide range of investments we have made. From launching our early research on apps/wearables for independent living and chronic disease management…to initiating new conferences, standards organizations, and public policy initiatives to make way for personal health…to internal product and business plans we have developed, Vince has brought a careful, quiet, detailed wisdom that has helped us avoid the hype cycles of consumer health and to stay the course towards building an open, innovative ecosystem that is becoming more and more real by the day.

Eric Dishman, General Manager, Intel Health Strategy & Solutions Group