Latest / The Advancing Healthcare Innovation Show / E191: John Fryer | The Healthcare Shift That Will Impact 100 Million Americans
Transcript
- 0:11Hello and welcome back to the Advancing
- 0:12Healthcare Innovation Show. I am your
- 0:14host Michael Stamatinos, and if you're
- 0:16new to us, super excited to have you
- 0:18here. Welcome. We're bringing some
- 0:20really exciting conversations with real
- 0:22leaders that are painstakingly reshaping
- 0:25the future of healthcare.
- 0:27We're really passionate about a few
- 0:28different areas. We're really focused on
- 0:30improving access,
- 0:31leadership, innovation adoption.
- 0:34And if it's your first time tuning in,
- 0:36let me just sort of take a quick step
- 0:38back and give you a little bit more of
- 0:40the lowdown on what we're really trying
- 0:41to get done here. So,
- 0:43we're focused on bringing real stories
- 0:45of innovation to life, not just the
- 0:46stuff that you read about or stuff
- 0:48that's actually, you know,
- 0:50theoretical. Like, you know, this is
- 0:52real stuff, real people that are in the
- 0:54trenches getting stuff done,
- 0:56and highlighting their stories, not just
- 0:58the wins, but also a lot of the
- 0:59learnings, so that we can ultimately
- 1:01share it with our community
- 1:03and with the world. And if you haven't
- 1:05checked out any of historical
- 1:07interviews,
- 1:08cuz we've done a number of them,
- 1:09wherever you are, if you're watching
- 1:11this, if you're listening to this,
- 1:12please hit the subscribe button now so
- 1:14that anything new comes directly to you.
- 1:18So,
- 1:19we are in a very fascinating moment in
- 1:23healthcare right now.
- 1:24Primary care is carrying more weight
- 1:28than ever before. The demands of the
- 1:30system continue to grow. The workforce
- 1:35honestly continues to feel the pressure
- 1:37of those demands, and at the same time,
- 1:39AI is really
- 1:42beginning to to reshape
- 1:45what scale can actually look like. And
- 1:49in that gap,
- 1:51um,
- 1:52the very dangerous gap is actually
- 1:54in rural America.
- 1:5646 million people, Now, more than 90% of
- 2:00rural counties facing a shortage of
- 2:02primary care physicians. So,
- 2:05rural America has lost more than I think
- 2:07it was the stat that I had checked was
- 2:09more than 10% of its family physicians
- 2:11in just
- 2:13the last 6 years. And payers who were
- 2:16sort of supposed to serve these
- 2:17communities are quietly kind of pulling
- 2:19out because of uh less profitability
- 2:22than I think they would have imagined.
- 2:23So, the big question is this, can we use
- 2:26technology to
- 2:27expand uh human capacity without losing
- 2:31the humanity that
- 2:33uh really makes
- 2:35care work in the first place? And
- 2:38our guest today, John Fryer, has been
- 2:41standing in that gap and is doing
- 2:44something about it. So, he is the chief
- 2:47growth and corporate development officer
- 2:49at Lumaris. He and his team have helped
- 2:52move over
- 2:53a million members into value-based
- 2:55models with more than 10 billion with a
- 2:58B dollars in medical spend under
- 3:00management.
- 3:02Uh this doesn't happen uh
- 3:05overnight. This happens because there
- 3:06are a whole host of things that are
- 3:09happening, strategic relationships that
- 3:11are in place, and
- 3:13John's CV is pretty
- 3:15freaking ridiculous. Uh he was named
- 3:17Modern Healthcare's 40 under 40. He is
- 3:20also an active angel investor. Um and
- 3:23someone who doesn't just talk about
- 3:24transformation, he's proactively
- 3:26building it and building it at like
- 3:28massive scale. So, today,
- 3:30um
- 3:32personally, I want to kind of dig into
- 3:33all of that stuff and look at what's the
- 3:36next generation of primary care going to
- 3:38look like, how can AI really be an
- 3:40amplifier of that,
- 3:42and how can they remove a lot of that
- 3:43friction, and you know,
- 3:46what do health systems need to get right
- 3:48if they want to scale uh care in in a
- 3:51way that is really deeply personal. So,
- 3:55yeah, we're going to go through all that
- 3:56stuff. So, I'm really excited. So, John,
- 3:57great to see you.
- 3:59Welcome to the show.
- 4:01>> Michael, it is a pleasure and I'm super
- 4:03excited to be here today. There there
- 4:05couldn't be more going on,
- 4:08uh, in our world and I think I'm I'm
- 4:09looking forward to digging into it, uh,
- 4:12today.
- 4:13>> Yeah, so we were, uh, kind of jamming
- 4:15before
- 4:17before the record button went on. Um, I
- 4:19kind of want to start our kind of local.
- 4:21So, you you you grew up in Kansas City,
- 4:23Cerner's hometown, now known as Oracle
- 4:25Health. And I think, if I read
- 4:28correctly, somewhere along the way you
- 4:30ended up, uh, in a in a random
- 4:33conversation with, uh, Neil Patterson
- 4:35that changed the trajectory, um,
- 4:40I think of your career and your life. I
- 4:41mean, just
- 4:43take me back to that moment. Um, what
- 4:45what like what happened?
- 4:47>> Yeah, it's, uh, it's a pretty special,
- 4:51you know, moment and when you can look
- 4:52back on your life, you you can identify
- 4:54these in the moment. You oftentimes miss
- 4:56miss these opportunities, miss these
- 4:59foundational pivots. But but for me,
- 5:01this was a big one. I was a junior in
- 5:03college. I was back in town. Um,
- 5:05happened to get from Neil Patterson the
- 5:08question that many juniors in college
- 5:10get, which is what are you going to do
- 5:11with your life when you graduate?
- 5:14Uh, I was super excited
- 5:16to give him my answer, you know, I I had
- 5:18been in economics and in finance, uh,
- 5:21undergrad, uh, focus on
- 5:23entrepreneurship. And I was on a very
- 5:25traditional,
- 5:27uh, investment banking financial
- 5:28services track. I had done my
- 5:30internships. I was all excited,
- 5:32uh, to be going to Charlotte, Boston, or
- 5:34New York. And, uh, I really leaned in to
- 5:37sharing how excited I was, uh, to Neil,
- 5:40uh,
- 5:41who responded by saying, "Don't waste
- 5:43your life. Uh,
- 5:44go into health care,
- 5:46uh, and participate in industry that
- 5:49that has an opportunity to truly impact
- 5:52people at scale
- 5:54and you know this was almost 20 years
- 5:56ago now
- 5:57and and do so then at a time that could
- 6:00have an impact and you know that moment
- 6:02stuck with me I went into health care
- 6:04right out of undergrad I did get closer
- 6:07to more of the finance side of the
- 6:08equation for a few years but I I stayed
- 6:11in health care and it's it's wild how
- 6:14those chance encounters
- 6:17can have such a broad and lasting impact
- 6:20on on your career.
- 6:22>> What degree do you sort of attribute
- 6:25that to luck? Like how lucky do you see
- 6:27yourself like on a scale of 1 to 10 1
- 6:29being not so lucky 10 being like just
- 6:31ridiculously lucky where you at on that
- 6:32scale?
- 6:33>> I think the luck is less having the
- 6:37encounters it's more
- 6:40seeing the signal
- 6:41and responding to it.
- 6:44I think all of us
- 6:46find ourselves in unique situations or
- 6:49meet unique people or even have a
- 6:51conversation with a loved one
- 6:53um
- 6:55and we don't always listen to it
- 6:59and most often don't act on it.
- 7:01And
- 7:03I think I was fortunate to have the
- 7:05experience but also I have I haven't
- 7:08really thought of this as to what was it
- 7:10that made me really reflect and make an
- 7:12alternative choice. Um but I I made that
- 7:16choice with not all the facts in the
- 7:18world but I I was watching the digital
- 7:20health ecosystem start to establish I'm
- 7:23I'm a son of an entrepreneur
- 7:26um so I've always loved entrepreneurship
- 7:28there's a bunch of
- 7:29investment capital coming into health
- 7:31care around this time and and
- 7:34um
- 7:35there was something in that moment that
- 7:37said well this is the right the right
- 7:39place for me to focus my energy.
- 7:41>> Yeah I mean look you've been in you've
- 7:42stayed
- 7:43throughout your career. You never left.
- 7:45I think there's some people um
- 7:48with similar profile that would have
- 7:50maybe taken money, gone somewhere else
- 7:52that's a little bit easier. I I'm I'm
- 7:53just sort of curious of what what is
- 7:56the thing about this industry
- 7:59that that keeps you from from leaving
- 8:02even when it's frustrating and you
- 8:05you know, want to run your head into the
- 8:07wall.
- 8:08>> It's only for the foolish. No, I mean
- 8:11uh
- 8:13I think the thing that um
- 8:16Yeah, there's a lot of challenges in
- 8:17healthcare. There's a lot of challenges
- 8:19um that make um having a long
- 8:23established career in healthcare really
- 8:24hard and it's not for everybody. Um the
- 8:27thing that I love the most is the people
- 8:29that gravitate to healthcare, the
- 8:30passion,
- 8:32uh the ability to wake up every day
- 8:35with a north star that you're
- 8:37investing in your future, but you have
- 8:39an ability to have an impact that can
- 8:41actually better the world, better
- 8:44communities.
- 8:45Um so, I think it's it's part the
- 8:49premise of participating in pushing our
- 8:52our healthcare ecosystem that we're all
- 8:54impacted by forward,
- 8:57a large part the people that get
- 8:58attracted and do stay in it, they're
- 9:00passionate, they're doing it for they've
- 9:02got a true purpose, they
- 9:04generally feel pretty strongly uh about
- 9:07it. And I I think the third thing is is
- 9:10it To me, it's the land of opportunity.
- 9:12Uh there are lots of ways uh that
- 9:16innovators that passionate people can
- 9:19have an impact um at large big scale,
- 9:23but also at micro scale. I mean, micro
- 9:26encounters in healthcare can have real
- 9:27impacts on real people every day.
- 9:30And I I don't think there's many
- 9:31industries that you can step back in,
- 9:34you know, go to sleep after a long day
- 9:36and know it was you know I'm I'm working
- 9:38towards a bigger purpose.
- 9:40>> Yeah.
- 9:41I love that. I mean
- 9:43the metrics earlier were I'm still like
- 9:46mind over a million members, 10 billion
- 9:48in medical spent. Like that's
- 9:51Those are big numbers.
- 9:53I want to go behind those numbers.
- 9:56Because behind those numbers are
- 9:59strategic relationships that need to all
- 10:01align. You you talked a little bit about
- 10:04that. Uh I want to hear about
- 10:07a partnership that was difficult to
- 10:09secure
- 10:11but you ended up moving it over the
- 10:12line. Like what what do those
- 10:15opportunities look like initially? What
- 10:17does it take
- 10:19to get them to
- 10:21get over the line?
- 10:23Now take me into that room.
- 10:25>> Yeah, I think
- 10:27the way that I have you know if if you
- 10:30had asked
- 10:32you know 23-year-old John would you be
- 10:34in partnership development and sales? Um
- 10:39you know 23-year-old John would have
- 10:41said
- 10:42no I'd be in finance crunching numbers
- 10:45and and maybe doing deals on on the
- 10:47other side of the table. Um
- 10:50but I I think that um
- 10:53partnership development is all about
- 10:54trust. It's all about relationships and
- 10:56and we are in an AI era that is changing
- 10:59uh things very rapidly but um
- 11:03I think for me and for the culture that
- 11:05I've tried to create on the teams uh
- 11:07that I've built um it really is about
- 11:11understanding who's on the other side of
- 11:13the table and you have to do that across
- 11:15the various stakeholders.
- 11:17>> Sorry.
- 11:18>> There's a lot the one beautiful thing
- 11:21about health care is uh it's
- 11:23consensus-driven. Um it's it's it
- 11:27incorporates leadership, finance,
- 11:29clinical, patients, uh consumers,
- 11:33payers, providers. It's complicated. Um
- 11:37and we uh have a very complicated
- 11:40operating model we we organize within.
- 11:44And so you really have to understand the
- 11:47perspectives of others,
- 11:49uh what motivates them, what determines
- 11:52how they view success,
- 11:54how do you keep their communities that
- 11:55are being served um top of mind.
- 11:58Um and really being able to
- 12:01get way lower than the glitz and
- 12:05glamorous sales presentation or
- 12:08technology demo.
- 12:10>> Right.
- 12:10>> Uh there's a value to that and it's fun
- 12:12doing a a glitz and a glam show. Um but
- 12:16ultimately to scale innovation, you've
- 12:18got to really understand both sides
- 12:21uh and align
- 12:24um at a much deeper level with where am
- 12:27I trying to go? Where am I trying to
- 12:28take our business? What impact do we
- 12:30want to have? Um and does that map
- 12:34um with the problems that you need to
- 12:36tackle and the communities that you need
- 12:38to serve and the priorities that you
- 12:40have. And um
- 12:42it's also putting
- 12:45you know, the one thing that I've always
- 12:46leaned into with my teams.
- 12:49In business development at any in any
- 12:52opportunity, you you have these moments
- 12:55where you identify something and you're
- 12:56like, "Oh, I want to bury that."
- 12:59>> Right.
- 13:00>> I want to put it behind me. I want to
- 13:01put it underground. I don't ever want to
- 13:03bring that up. And that's the wrong way
- 13:06to think about it. When you identify
- 13:08those hairy objects,
- 13:10uh you need to put them on the table and
- 13:12you need to put them on the table as
- 13:14early as you can
- 13:15um because you may be able to get that
- 13:19relationship across the line. You may be
- 13:21able to get your deal.
- 13:23Uh you ultimately won't be successful
- 13:26uh because partnerships are built on
- 13:28trust, integrity, transparency on both
- 13:32sides. Um, and I expect and demand that
- 13:35of myself, my teams, but also I expect
- 13:38and demand that from those that I'm
- 13:40looking to be in business with.
- 13:42Partnerships are not easy. Um, and
- 13:45there's always moments of friction. And
- 13:47if you don't go into a partnership with
- 13:49the ability to deal with those moments
- 13:51in time,
- 13:52you're probably not going to be able to
- 13:53deal with them when they inevitably will
- 13:55come up
- 13:56in the life cycle of your partnership.
- 13:59>> Yeah, that just
- 14:01reminds me of
- 14:02a fellow who has been a really big
- 14:04mentor for me, and he always said that,
- 14:05you know, if you're going into a
- 14:06partnership, pick a fight. How does your
- 14:09partner fight? Do they fight fair?
- 14:10Do they get really nasty? See how they
- 14:13See how they respond, how they react.
- 14:15Curious, when you're working with health
- 14:17system leaders at this type of scale,
- 14:20what's usually their readiness to
- 14:22change?
- 14:23Um, because it just seems as though the
- 14:24like within the last few years, there's
- 14:26been sort of this Yes, value-based care.
- 14:28We talk about it a lot.
- 14:30Not as many are doing it as as we're
- 14:32talking about it.
- 14:34What's the readiness to change?
- 14:37Where do you see their
- 14:40um aperture for wanting to make a move?
- 14:43Like what has to happen in order for
- 14:45them to really consider this?
- 14:48>> I I think that um
- 14:50we're at a pivotal moment in time in
- 14:53health care. There is change coming at
- 14:54us in all directions, and I think, you
- 14:56know, value-based care is one mechanism,
- 14:58the transformation of AI is another. Um,
- 15:02the reality that
- 15:05we don't have an innovation problem in
- 15:07health care. We have a deployment,
- 15:09execution, and operating model problem.
- 15:12And I think when you think about
- 15:15how ready are we, the answer is it
- 15:18depends. I think by and large, most of
- 15:22the leaders that I engage with in a
- 15:24one-on-one setting
- 15:26understand they want to drive change.
- 15:28They believe in the future. They're
- 15:29optimistic.
- 15:31The difference is and what I seek to
- 15:34find
- 15:36is those that have the fortitude
- 15:38um to not only identify the need for
- 15:42change, the desire for change
- 15:45but they've got
- 15:47the innate
- 15:48ambition and belief that they have to
- 15:51change
- 15:52that they can lead cultural change. Uh
- 15:55change management
- 15:57is not for the faintest heart. Um
- 16:00you know, moving people from the status
- 16:02quo, even moving people um you know, to
- 16:05think differently about an individual
- 16:07task in their daily job is very
- 16:09difficult. To think about whole-scale
- 16:11redesigning
- 16:13how our patients experience care. Now
- 16:16that Now you're
- 16:18blowing people's minds. And it it takes
- 16:21um
- 16:23a leadership profile, a leadership
- 16:26commitment and also an organizational
- 16:30culture
- 16:31to be successful in that. And I think
- 16:35my optimistic side does believe
- 16:38that more of those cultures exist today
- 16:40than existed last year, than existed 2
- 16:42years ago.
- 16:44>> Yeah.
- 16:45>> But as I look back over a decade
- 16:48those cultures are really hard to find
- 16:50cuz they're very hard to create. They
- 16:51take years to create those cultures.
- 16:53And we don't have years
- 16:55uh to solve the challenges that are in
- 16:58front of us. And I am a big believer
- 17:00that the
- 17:02the way the winds are blowing right now,
- 17:04whether it's
- 17:05the demands that our aging population
- 17:08is putting on our health care delivery
- 17:09system
- 17:10uh the rise um of chronic diseases and
- 17:14the prevalence of chronic disease
- 17:16uh across our populations. Um the state
- 17:19of our our funding models. Um you know,
- 17:22as more people age, they're moving into
- 17:24government programs. Government programs
- 17:26pay our providers less.
- 17:28Uh employers are
- 17:30um
- 17:31you know, facing 10%
- 17:33year-over-year year-over-year increases
- 17:35in in offsets for costs.
- 17:39Um and so I think
- 17:41you know, all that
- 17:43being said, I I think change must
- 17:44happen. Change can happen.
- 17:47And
- 17:48those that
- 17:50will themselves and their organizations
- 17:53to find good partners to help them in a
- 17:54transformational journey
- 17:56will ultimately be the sustainable, the
- 17:59successful, those that'll be able to
- 18:01carry on their their missions
- 18:04um that in many cases in health care
- 18:05have been around for a hundred plus
- 18:07years. There are providers
- 18:10um you know, you brought up the
- 18:13the
- 18:14payer segment of our industry and their
- 18:16ability to come in and out of markets.
- 18:19Um
- 18:20from a business perspective, they have
- 18:21an ultimate advantage. They can come in
- 18:23and out of a market on an annual basis.
- 18:25>> Mhm.
- 18:26>> They can
- 18:28um
- 18:28choose the employers they partner with.
- 18:30They can uh choose the counties they
- 18:31offer government programs within.
- 18:34And they can pull the plug on a
- 18:35year-over-year basis.
- 18:38Providers are entrenched in our
- 18:39communities. And in many cases, again,
- 18:41they have been there for in some cases
- 18:43hundreds of years.
- 18:45Uh with a mission and a vision
- 18:47of caring for the people around them.
- 18:49Um
- 18:51and it is increasingly tough
- 18:54uh for them uh to continue to see what
- 18:57does three years from now now look like.
- 18:59What does five years from now? How does
- 19:01my mission and my vision
- 19:03continue to
- 19:05um sustain with all the the potential
- 19:08headwinds that that face folks.
- 19:11>> Yeah, I mean, if you think about from a
- 19:12provider perspective,
- 19:15there's certain things that we know
- 19:16aren't going to be changing anytime
- 19:17soon.
- 19:18I mean, from a patient's perspective,
- 19:21when they want to go in to see a
- 19:22provider, they want to go in and they
- 19:24want to be seen pretty quickly. They're
- 19:26not going to want to be seen like, "Hey,
- 19:27I want to go see Dr. So-and-so and see
- 19:29them in 6 weeks from now." Like, they
- 19:31want to go in like tomorrow,
- 19:33if not sooner, whether that's virtual or
- 19:35in person.
- 19:37They always want are going to want to be
- 19:39treated nicely.
- 19:40They're not going to be like, "You know
- 19:41what? I wish I would have gone there and
- 19:43gotten treated
- 19:44like like shit." Just to say that.
- 19:46>> very good at that, though. We're not
- 19:47very good at that.
- 19:50>> And and then and then clinicians want to
- 19:53work
- 19:54at top of license, and they want to work
- 19:55at a place where they feel valued and
- 19:57they feel respected. Like, those things
- 19:59aren't going to be changing.
- 20:01Does Lumarys, you know, operate off of,
- 20:04you know, specific principles catering
- 20:07to that? And if so, what what is that
- 20:09What does that dynamic look like?
- 20:12>> Yeah, it's a really interesting
- 20:13question. So, Lumarys is a company
- 20:15founded by physicians 20 years ago
- 20:17um that were fed up with their status
- 20:20quo um and really leaned in as physician
- 20:24entrepreneurs to do something about it,
- 20:26and that led to the journey um that
- 20:29became Lumarys
- 20:30uh and became this incredible
- 20:32organization I've had the pleasure of of
- 20:34serving for more than 9 years now.
- 20:36Um
- 20:37and when I think about that history, you
- 20:39know, originally
- 20:41company really had designed around
- 20:43enabling the physician. And from the
- 20:45physician's perspective and the
- 20:47physician and the care team's
- 20:48perspective, building tools
- 20:50uh to better enable the physician and
- 20:52the the care team.
- 20:54And I think a lot of our history was
- 20:56very focused from that lens.
- 20:58Um
- 20:59but I would say as as we've endeavored
- 21:02to tackle an even bigger problem
- 21:04in solving access
- 21:07and expanding access to care.
- 21:10Um
- 21:12You know, probably 2 and 1/2 3 years ago
- 21:15we did step back and say, "For us to do
- 21:18this the right way, we need as an
- 21:21enterprise, as a as an organization,
- 21:24to make our commitment be to build the
- 21:26model around the patient."
- 21:28And start with the patient
- 21:31and then go to the
- 21:33the physician and the care team and then
- 21:35go to all the other components around
- 21:37the equation.
- 21:39And I think it changed our perspective.
- 21:41And we've come into our conversations
- 21:44and it's not
- 21:44>> How so? How so did it initially mean
- 21:47completely change it or
- 21:49>> You know, we come in to conversations
- 21:52today, we are a clinically driven
- 21:55organization. We have strong clinical
- 21:57leadership throughout the company,
- 21:58strong clinical leadership in our core
- 22:00product and in our engineering teams and
- 22:03what we are building the clinical rigor
- 22:05is is of the utmost importance to us. Um
- 22:08but I got a good chuckle the first time
- 22:09I heard this. Our chief clinical
- 22:10officer, Dr. David Carmouche,
- 22:12in a room full of physicians says, "I
- 22:14just want to be clear. We've built this
- 22:16product from the patient's perspective,
- 22:19not from
- 22:21my perspective or your perspective."
- 22:23Obviously, we've
- 22:25been very intentional with the design
- 22:27that it it has to um
- 22:31absolutely
- 22:33enhance the quality of life for
- 22:34clinicians, give them more control, give
- 22:36them more visibility, allow them to
- 22:38believe that their patients are getting
- 22:40better care. Um
- 22:42but when you design a system
- 22:45>> Mhm.
- 22:45>> around the It's not the end consumer cuz
- 22:48they're not buying my my solutions.
- 22:52Um but they are the ultimate, if we are
- 22:55successful, who wins.
- 22:58It's the individual people
- 23:01that have better
- 23:04and a more coordinated experience and
- 23:06they identify,
- 23:08you know, symptoms earlier and they've
- 23:10got access to care quicker and their
- 23:13care is more coordinated. Um
- 23:16and so that's another interesting part
- 23:17about health care is like many times
- 23:19like that is the end user I want to
- 23:23impact the most, not my customer. It's
- 23:25not who It's not who pays
- 23:28uh the bills.
- 23:29Um
- 23:30>> Mhm.
- 23:31>> But that's who we've designed around
- 23:33um
- 23:34with a focus on the care teams, but
- 23:36really putting that patient experience
- 23:38in the center um because that's going to
- 23:40be the only way I think we achieve our
- 23:42our objectives of scaling access
- 23:45uh to provide primary and preventive
- 23:47health services.
- 23:48>> Actually, look, I mean, the entire
- 23:50industry is
- 23:51like
- 23:52talking about AI right now.
- 23:55Um
- 23:56>> A lot of talk.
- 23:57>> Yeah, but but most of the conversations
- 23:59are around like efficiency and cost.
- 24:03And it just sounds as though like you're
- 24:05operating in a world where the
- 24:08relationship between the patient and the
- 24:10physician
- 24:11is the whole product.
- 24:13So
- 24:15I kind of want to ask you something
- 24:16different. I mean, where where have you
- 24:19actually seen
- 24:21AI
- 24:22um
- 24:23make care feel more
- 24:26human
- 24:27rather than less?
- 24:30>> I got a couple of uh early
- 24:34we saw these early on. One one of which
- 24:36I think
- 24:37we went into it expecting, the other we
- 24:40had a major aha moment.
- 24:43When you think about
- 24:45getting ready to go to the doctor, we
- 24:47all do it, you know, we like you
- 24:48mentioned may wait weeks to even go see
- 24:51them and we've kind of got our laundry
- 24:53list of things we want to get we got
- 24:55finite time.
- 24:57>> Yeah.
- 24:57>> And now
- 24:58>> want to make value out of this driving
- 25:00and parking and waiting and getting that
- 25:03time. I've got my list of questions.
- 25:06Uh nine out of 10 times we definitely
- 25:09forget most of what
- 25:11we wanted to bring up in that
- 25:12conversation.
- 25:13>> Yeah.
- 25:14>> In the moment cuz it's like time
- 25:16pressured and maybe a you know
- 25:18clinician says something and we you know
- 25:20forget to ask and so what happens is we
- 25:22go home and then we have to call the
- 25:23office and then we're asking our
- 25:24questions and then we're waiting to get
- 25:25responses.
- 25:27Um really low-hanging fruit
- 25:29was understanding
- 25:31what a patient wants to discuss
- 25:34before they're in the room and surfacing
- 25:36that to the provider.
- 25:38And so AI doesn't forget things. It can
- 25:41have conversational experiences with you
- 25:44very much like a human, listen,
- 25:46understand, notate, and then put it in
- 25:49front of that clinician. So actually our
- 25:51clinicians are seeing
- 25:53patients coming in here the four things
- 25:55they're really interested in
- 25:56understanding. Um and that gives the
- 25:59provider a perspective uh as to what's
- 26:03what's top of mind for this patient
- 26:04right now.
- 26:05Um because in the old model they're
- 26:07looking back at charts, they're digging
- 26:09through, you know, last conversation. Uh
- 26:12you know, Dr. David Carmouche again
- 26:14another story about him is he used to
- 26:15write down the first time he met someone
- 26:17what's their dog's name, what's their
- 26:18kids' name. They're trying to
- 26:19personalize it but he's
- 26:21>> Right.
- 26:22>> They're looking back at their file
- 26:23before they walk in. They're seeing 30
- 26:25patients a day.
- 26:26Uh you know, they're writing it down and
- 26:28trying to
- 26:29bring those human components into it. Um
- 26:32and so the models and and and AI can can
- 26:35actually deliver a more personalized
- 26:37human experience. I'm still focused on
- 26:39the human the the physician and the
- 26:41patient in-person visit but it's it's
- 26:45humanized, it's tailored, it's
- 26:47personalized leveraging AI. I think the
- 26:50the other
- 26:52um
- 26:53you know, when we first started rolling
- 26:55out AI
- 26:57to consumers and patients.
- 26:59>> Mhm.
- 27:00>> Big scary moment. I said, "Oh boy,
- 27:03are people going to interact with these
- 27:04things? Are they going to reject them?
- 27:05Are they going to hang up? Are they
- 27:06going to, you know, write a newspaper
- 27:09article about how horrible this
- 27:10experience was?"
- 27:12Um
- 27:13it was an existential moment for me,
- 27:16uh you know, waiting to see this kind of
- 27:18play out. And one of the first um
- 27:20you know, individuals that um our
- 27:23platform interacted with was a
- 27:2590-year-old woman, Medicare Advantage
- 27:27patient.
- 27:28>> Mhm.
- 27:28>> Um
- 27:30and we noticed in, you know, we're doing
- 27:32constantly looking across surveillance
- 27:35and and we've got products that we've
- 27:36built to make sure that the experiences
- 27:38patients are having are both clinically
- 27:40relevant, clinically safe, uh
- 27:42experiential, and and understanding how
- 27:44people respond. And we noticed that this
- 27:47lady was spending a lot of time on the
- 27:48phone with an agent. Um our our
- 27:52conversational agents announce
- 27:54I'm an AI assistant calling on behalf of
- 27:56their provider.
- 27:57Um so we are very upfront that you are
- 28:01talking to software. Um
- 28:04and this individual was spending 40-plus
- 28:06minutes on the phone with the agent. And
- 28:09um this was early on in our journey, and
- 28:10so we were having care team members call
- 28:13these patients after they were
- 28:15interacting with the AI to ask, you
- 28:16know, "How was it? What did you like?
- 28:18What did you not like?" And um in this
- 28:20case, uh when we called, we got a hold
- 28:23of her daughter. Picked up the phone.
- 28:24Her daughter did not live in the same
- 28:26city
- 28:27>> Okay.
- 28:28>> as her mother. She was actually in town
- 28:30ferrying her mother to doctor's
- 28:32appointments.
- 28:33And uh she said, "What what you don't
- 28:36have visibility into is that that phone
- 28:38call may have been the only interaction
- 28:41my mother had that week."
- 28:43Um and so for us, at that point, this
- 28:47was, I don't know, 18 months almost 2
- 28:49years ago,
- 28:51we hadn't even thought through the
- 28:52loneliness component.
- 28:54>> Yeah, I mean, just isolation in general.
- 28:56>> The isolation, the loneliness,
- 28:58uh
- 28:59a bit of a sad,
- 29:02you know, experience that that we took
- 29:04in there, but at the same time, really
- 29:06exciting.
- 29:08Uh but also it it ins you know, it
- 29:10really made clear to me like the
- 29:12responsibility we bear.
- 29:14Um
- 29:16and the impact these technical tools
- 29:18will have on all of us,
- 29:20um
- 29:22is really powerful. And and we've got uh
- 29:25not
- 29:26um take that lightly.
- 29:29Um and I say we as an industry.
- 29:32>> Right. Right.
- 29:34>> Um because I I think the pace at which
- 29:37the market
- 29:38solutions,
- 29:40the hyperscalers, you name it, is
- 29:42moving,
- 29:43um
- 29:45is really, really fast. And the
- 29:46downstream implications, like these are
- 29:48just micro examples of um you know, big
- 29:52downstream implications and big
- 29:53responsibility I think we as an industry
- 29:55have to bear.
- 29:57>> So, what does that look like when you're
- 29:58doing that at scale and you're managing,
- 30:01helping manage
- 30:03populations,
- 30:05what does a
- 30:06what does a great year look like
- 30:09if you've done this
- 30:11and things are going really, really
- 30:12well. Because obviously there's a huge
- 30:15shortage conditions, especially primary
- 30:17care we're talking about uh on the rural
- 30:19side. I know that you have been doing
- 30:20quite a bit of work on rural health
- 30:22transformation. Just maybe comment
- 30:24around that and where you see this thing
- 30:26going and what what great looks like.
- 30:29Yeah, I mean,
- 30:32great is solving for the fact that we
- 30:35live in one of the most developed
- 30:36countries in the world where a third of
- 30:38our um core population has no access to
- 30:41primary care.
- 30:43100 million Americans.
- 30:46And I think when we uncovered the data
- 30:48behind that, it was a bit depressing.
- 30:51Um
- 30:51>> Yeah.
- 30:52>> because the fact that a third of our
- 30:55country does not have access to primary
- 30:56care should be a way bigger
- 30:59uh societal problem that we're heavily
- 31:01investing in, way more so than we are
- 31:03today.
- 31:05Um and so a great year to us
- 31:08is we're
- 31:10lowering that number
- 31:12uh of Americans that lack access to
- 31:14primary and preventative health
- 31:15services.
- 31:16Um and I think that is going to be a
- 31:19journey.
- 31:20Um we're not going to get to 100
- 31:21million. We will not as a company be the
- 31:23one that maybe closes that full gap, but
- 31:26we believe we can participate, create
- 31:28ecosystem, create competition, and
- 31:31create focus that we can massively
- 31:34shrink the the number of Americans that
- 31:36lack access to primary and preventative
- 31:39health services. It's no more acute than
- 31:42in a rural health setting.
- 31:44>> Yeah.
- 31:44>> Um
- 31:46and I think it's uh
- 31:48you know, there's been a lot of changes
- 31:50that have impacted rural
- 31:52uh over the last several years, lots of
- 31:53closure, um looming Medicaid cuts,
- 31:58um and and you do have the rural health
- 32:00transformation program that will inject
- 32:02$50 billion over 5 years,
- 32:05um
- 32:06anchored around states and states'
- 32:08desire to create their own initiatives
- 32:10for how they want uh to think
- 32:12differently about rural health.
- 32:15Um
- 32:17and it it's a it's a massive
- 32:18opportunity.
- 32:21The 50 billion is not going to replace
- 32:23what's lost from the Medicaid uh
- 32:26shortfalls.
- 32:28And so
- 32:30how I hope states and organizations that
- 32:32operate in rural health communities in
- 32:34these states think about it is what
- 32:37could the system look like
- 32:39and how do we put ourselves on a journey
- 32:42to design
- 32:44a totally different model
- 32:46uh
- 32:47in these rural communities
- 32:49uh leveraging seed capital
- 32:52um from the government. Um
- 32:55>> Yeah.
- 32:56>> And that's going to be hard. Um and
- 32:59>> like a large-scale startup.
- 33:02>> I hope that some think about it rather
- 33:06than just trying to put Band-Aids
- 33:09>> Mhm.
- 33:09>> on what's been broken.
- 33:12Um actually getting to redesigning how
- 33:15it could be experienced. How do we
- 33:17leverage technology? How do we leverage
- 33:20more ubiquitous access to broadband?
- 33:23Um how do we leverage the fact that most
- 33:25people have a smartphone in their
- 33:28pocket?
- 33:29Um
- 33:30how do we better connect those patients
- 33:36to specialty care?
- 33:38Um
- 33:38>> Mhm.
- 33:39>> Whether that's an hour away, two hours
- 33:41away, five hours away, 10 hours away.
- 33:44Um I do believe we have still some of
- 33:46the best clinicians in the world that
- 33:48practice in the country. I think we have
- 33:51leading institutions and I hope that
- 33:53they step up to also acknowledge the
- 33:56role that they can play.
- 33:58Um
- 34:01in bringing
- 34:04a new model of care to rural America.
- 34:08>> Yeah, I mean it just seems like I don't
- 34:10know, just kind of following your
- 34:11journey. You've been really
- 34:14voicetrous about this. You've been
- 34:15spending a lot of time, expending a lot
- 34:18of energy in this.
- 34:20So you've
- 34:21you've sat across
- 34:24from probably some of the most powerful
- 34:26executives, leaders in American health
- 34:28care.
- 34:30Um
- 34:31I guess who's who's the person that
- 34:33you've learned
- 34:34the most from? You know, in in a in a in
- 34:38a single conversation and
- 34:41like what did they teach you?
- 34:45>> Maybe two people.
- 34:46>> Okay.
- 34:48>> Um
- 34:51I think that
- 34:54Dr. Mosier,
- 34:56who is a rural family practice physician
- 34:59from rural Kansas,
- 35:01who committed himself years ago
- 35:05to the betterment of rural health care
- 35:09and has been doing everything in his
- 35:10power uh to help organize, to help
- 35:13coalesce, to bring best practice
- 35:16um to the rural communities in in the
- 35:19state of Kansas,
- 35:20um
- 35:21has had an eye-opening perspective
- 35:24to me from someone who's born, raised in
- 35:28rural America, a clinician in rural
- 35:30America, someone who has committed their
- 35:32life to rural America to understanding
- 35:36the unique challenges that exist in
- 35:38rural America. Um
- 35:42in rural America, there is a skepticism
- 35:45and a lack of trust
- 35:47uh in a lot of the the big players. Uh
- 35:51and that could be big players in health
- 35:52care, that could be the big institutions
- 35:54in their particular state, it could be
- 35:56the big companies that exist in the
- 35:58country, but um it's a very local and a
- 36:02very community-oriented and organized
- 36:04and they build trust on relationships
- 36:06and they're um it's not to say they
- 36:09don't uh value help from outsiders, but
- 36:12there is a bit of that,
- 36:14you know, who's this person coming from
- 36:16the outside to my community to tell me
- 36:18what to do.
- 36:19Um and so that has shaped my perspective
- 36:22in this model to say in everything that
- 36:24we we do out in the rural health
- 36:26transformation program.
- 36:28Uh we will bring in be bringing those
- 36:30that are both
- 36:32patients, consumers, but also the care
- 36:34teams, the physicians into the mix to
- 36:36design
- 36:38what does this need to look like? Uh
- 36:40they need to be part of building the
- 36:43solution versus somebody comes and
- 36:44brings the solution to the market. Uh I
- 36:48don't think that's going to work uh in
- 36:50rural America.
- 36:51Um
- 36:52and then I I think um
- 36:55you know, the there's been several
- 36:57others along the way that um
- 36:59you know, I've had some interesting
- 37:01encounters with um
- 37:03you know, Dr. Mehmet Oz uh
- 37:07over CMS. I've spent a good bit of time
- 37:09with him in the last 6-9 months.
- 37:12Um
- 37:13and I do believe he's built a strong
- 37:15team. I think he is enabling his team. I
- 37:18think he is leading uh
- 37:21with a North Star of improving care, of
- 37:26improving how patients experience
- 37:28healthcare, uh and of trying to tackle
- 37:32some of the biggest structural
- 37:35challenges that we've created in our
- 37:38healthcare ecosystem.
- 37:40I do not envy that job. Um
- 37:43>> Yeah.
- 37:45>> Uh politic politics
- 37:48um and policy is a bit of a new world
- 37:51uh for me.
- 37:52Um
- 37:53but I do think he's
- 37:55um
- 37:56trying to take feedback from
- 37:59constituents
- 38:01um
- 38:01and more broadly being out there and
- 38:05accessible to constituents than I've
- 38:06seen uh others before. And I think he's
- 38:10got a a North Star of of actually
- 38:12influencing care at an N of 1 patient
- 38:14level, um which excites me. Um so I I
- 38:18get some energy that
- 38:21I think there's a a lot of complicated
- 38:23policy
- 38:24um and leading in in times like we've
- 38:29got right now is very challenging. It's
- 38:31a very polarized environment that that
- 38:34we collectively live in.
- 38:36Um
- 38:37but I I do think that we are going to
- 38:40continue to need uh folks that step into
- 38:44government leadership in this
- 38:46administration and beyond that are going
- 38:48to be willing to tackle
- 38:50uh the hairy underlying systemic
- 38:53uh challenges that have kind of led to
- 38:56the problems that we've talked about
- 38:57trying to solve today.
- 38:59>> And before before I forget
- 39:01um
- 39:03tell people like where they can follow
- 39:05you, your work, the work of Lumera,
- 39:07so make sure that we kind of give you
- 39:09guys that that opportunity to share a
- 39:11bit of your commercial.
- 39:13>> Well, uh anybody who's interested in in
- 39:16joining our journey, we're always
- 39:17looking for good folks that want to
- 39:19provide input uh and or officially join
- 39:23us on this journey, you can find us
- 39:25uh at Lumera l u m e r i s dot com. Uh I
- 39:30love to write and engage uh individuals
- 39:33on LinkedIn and you can find me on
- 39:35LinkedIn. I've got a very simple handle.
- 39:37It's just linkedin.com/johnbfryer.
- 39:43Uh
- 39:43>> Awesome.
- 39:44>> And that's where you can find me, but I
- 39:47appreciate this forum, Michael. I think
- 39:49it's amazing work that you do um
- 39:52bringing experiences. I've always loved
- 39:54listening to your
- 39:56uh interviews.
- 39:57Um I would encourage anybody that's
- 39:59listening to this to reach out. Um I
- 40:01think the the value that community
- 40:04broadly can provide as we all try and
- 40:06solve problems in healthcare that's
- 40:08really where the the sweet spot happens
- 40:10is collaboration.
- 40:12>> Right.
- 40:12That's right. That's right. I appreciate
- 40:15you saying that. And last question
- 40:16because
- 40:17we started off by
- 40:19you started your career because of one
- 40:21conversation with one person who changed
- 40:24the trajectory and asked you a simple
- 40:25question,
- 40:27you know, why not healthcare?
- 40:29And if you could ask that same question,
- 40:33um maybe to every young person coming
- 40:35out of university right now considering
- 40:37this industry,
- 40:39what is the version
- 40:41of that question that you would ask
- 40:42them?
- 40:46>> What is the version of that question I
- 40:48would ask them?
- 40:50Um
- 40:52I think
- 40:53the way that I, you know, I I'm
- 40:55fortunate to be engaged with the Johns
- 40:57John Hopkins and the Bloomberg School of
- 41:00of Public Health.
- 41:01And um
- 41:03some of the brightest minds. Now, many
- 41:04of those folks have already kind of seen
- 41:06the light and they're they're in
- 41:07healthcare. I think the one question
- 41:09that I ask young people is
- 41:12uh what the world needs right now is
- 41:14creative strategic thinkers.
- 41:17Um that want to tackle big problems.
- 41:21And there is nothing more personal than
- 41:25our health.
- 41:26And there is nothing more impactful than
- 41:29being able to be creative, be strategic,
- 41:32be disruptive, be innovative, um be a
- 41:36solutionist mindset
- 41:39in an industry like healthcare.
- 41:41And I think there are enough
- 41:44avenues
- 41:46in healthcare, whether you like
- 41:48technology or clinical or finance
- 41:52um or supply chain
- 41:55um or patient experience
- 41:57um or patient education.
- 42:00There's so many different ways
- 42:04uh to participate in the industry.
- 42:06>> Mhm.
- 42:07>> And there's not a one of them that
- 42:08wouldn't benefit from
- 42:11a creative, strategic, innovative,
- 42:14solutionist mindset individual
- 42:17uh that wants to build, grow, learn in
- 42:20an industry that is healthcare.
- 42:23>> Yeah.
- 42:25Yeah, I think after this conversation,
- 42:26I'm more convinced
- 42:28that none of this ever gets solved with
- 42:31tech alone. I think we all kind of knew
- 42:33that. It gets solved
- 42:35by people that are proactive
- 42:37that are willing to sit across the table
- 42:40um
- 42:41from whoever that might be. Maybe it's
- 42:43across the table from a health system or
- 42:45payer or maybe even it's a
- 42:47it's a rural
- 42:48provider.
- 42:50And
- 42:52you're going to be in that conversation
- 42:55and you're not leaving until you figure
- 42:57something out. Or at least sketch a
- 42:59solution of, all right, what are we
- 43:00going to deploy, by when, and let's come
- 43:03back again, let's have this cadence.
- 43:05So,
- 43:06that that's kind of what I'm
- 43:08leaving from this conversation is this
- 43:10is just a whole string of things that
- 43:13need to happen in order for something to
- 43:15really get done at scale and it's never
- 43:19as easy as
- 43:21um or as nice as it sounds when it comes
- 43:23off of the press release. There's a lot
- 43:25of sweat equity that goes into the
- 43:27behind the scenes that no one ever sees.
- 43:30Difficult conversations that have to
- 43:31happen. You can
- 43:34you can still disagree and still be
- 43:35friends, still be nice, and both want to
- 43:38move towards something that everyone
- 43:40wants.
- 43:41So, um that's super interesting. So, for
- 43:44those if you've listened to this and you
- 43:46got value from it, number one,
- 43:48the best thing, you know, if you're
- 43:50thinking about, well, what what can I do
- 43:51to be helpful? Number one is
- 43:53share this.
- 43:54Uh like it, comment on it. Tell us what
- 43:58resonated with you. What are some of the
- 43:59things that you're working on? We want
- 44:01to know.
- 44:02And if there is a topic that you want us
- 44:03to explore
- 44:05or even a leader that you want to hear
- 44:06from, um drop us a note, leave a
- 44:08comment. We do read, we do listen to
- 44:10them. This is a platform that is isn't
- 44:13just about content, it's about
- 44:15community. A community is a living,
- 44:17breathing ecosystem and sometimes you
- 44:19got to feed it more than what you take
- 44:21from it. And that's the way of doing it.
- 44:22So, thank you for listening, John. It's
- 44:25great to have you come on.
- 44:27Keep building with purpose and I guess
- 44:29folks will see you next time on the
- 44:31Advancing Healthcare Innovation Show.
- 44:33>> Thanks, Michael. It's been a pleasure.