Scaling Investment in AI

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Best Ideas Win

Csuite Growth Advisors

23 episodes

6 days ago

Welcome to "Best Ideas Win," the podcast that believes the DNA of innovation is powered by transformative ideas and brought to life through collective creativity. Hosted by Scott Perryman with regular appearances from Brian Paradis, Erik Eskioglu, and Ryan Paradis, this podcast delves into the world of healthcare innovation by narrating the hero’s journey of innovators who are rewriting the standards at a groundbreaking pace. Guided by this unique group of healthcare advisors - diverse in background but united in experience and passion - we promise insights that resonate, wisdom that inspires, and clarity amidst the cacophony of medical advancements that double knowledge every 73 days. Through stories of foresight, adaptability, and a deep understanding of healthcare's human systems, we equip listeners with tools to navigate this intricate landscape. As we stand at the precipice of the digital information age, staring at the boundless promises and threats of artificial intelligence, it becomes clear: in this golden era of healthcare, thriving isn’t just about shining the brightest but about understanding the vast human systems in play. In the contest of ideas, only the best will win. So, are you ready to embark on this journey of exploration, where the greatest of ideas, intertwined with deep understanding and creativity, take the front seat? Join us at "Best Ideas Win," where ideas don't just matter - they transform, inspire, and most importantly, they win.

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Scaling Investment in AI

Best Ideas Win

51 minutes 44 seconds

7 months ago

Scaling Investment in AI

In this episode of series 3 of The Best Ideas Win Podcast, host Scott Perryman is joined by co-host Eric Eskioglu, and guest Laura Edell as they delve into the challenges and strategies surrounding AI adoption in healthcare. Together, they explore the practical realities of AI adoption from the strategic investments required to build AI readiness, to the cultural shifts necessary for success. Instead of focusing on hype, this conversation breaks down how healthcare systems should allocate resources, define AI leadership roles, and measure success beyond just financial returns. This episode moves into real-world applications of AI in healthcare, exploring how organizations at different budget levels,from $100,000 to $100 million, should prioritize their AI investments. From building a strong data foundation to the emerging role of a Chief AI Officer (CAIO), the discussion highlights the key strategic decisions that can guide the future of AI-powered healthcare.

Takeaways

AI adoption in healthcare requires a strong cultural foundation.

A clear AI strategy is essential for effective implementation.
Data quality is critical; garbage in, garbage out applies to AI.
Psychological safety in the workplace fosters innovation and risk-taking.
Fractional leadership roles can optimize resource allocation in healthcare.
Collaboration with technology partners should focus on problem-solving, not just purchasing solutions.

Healthcare systems must evolve to integrate AI into workflows.

Investing in AI requires a balance between innovation and measurable ROI.

Because data breaches in healthcare can be extremely costly in multiple domains, cybersecurity investments are crucial.