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.