Roundtable Discussion
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- What We Have Done -
Key Focus
- Technology Drivers and Healthcare Performance
- Michael discusses the convergence of technologies in the semiconductor industry and their potential applications in healthcare.
- Michael highlights the importance of total quality management (TQM) in healthcare, emphasizing continuous improvement and employee involvement.
- Michael shares a personal story from his time at General Signal, illustrating the impact of employee involvement on process optimization.
- Michael outlines the principles of TQM applicable to healthcare, including prioritizing patient needs, continuous improvement, and data-driven decisions.
- Cost Modeling and Benchmarking in Healthcare
- Michael explains the concept of cost modeling and its application in the semiconductor industry.
- Michael discusses the importance of understanding the lifetime costs of processes and equipment in healthcare.
- Michael provides an example of cost modeling in the semiconductor industry, breaking down costs into various components.
- Michael emphasizes the need for benchmarking in healthcare, comparing best practices from other industries to improve processes.
- Symbiotic Decision Intelligence and AI in Healthcare
- Michael introduces the concept of symbiotic decision intelligence, combining human wisdom with AI to enhance decision-making.
- Michael discusses the potential of AI in diagnostics, financial forecasting, and scientific research.
- Michael highlights the challenges of integrating human intelligence and AI, emphasizing the need for a symbiotic approach.
- Michael mentions the involvement of various partners in developing AI capabilities and the importance of strategic roadmaps.
- Conclusion and Future Directions
- Michael outlines the potential of AI in healthcare, including drug discovery and personalized medicine.
- Michael discusses the importance of collaboration and communication in the healthcare industry to achieve AI-driven goals.
- Michael suggests the development of an augmented AI healthcare roadmap, similar to the semiconductor roadmap, to guide the industry.
- Gopal Khan, summarizes the key takeaways from the session and emphasizes the importance of cost cutting, zero defects, and collaboration in the healthcare sector.
