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Glen Tullman

👤 Speaker
520 total appearances

Appearances Over Time

Podcast Appearances

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

No, no, we want to blow up the curve.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

We want to reduce the cost of healthcare by 20%.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

And that's what we're focused on versus I think you'll hear a lot of talk.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

We want to slow the curve of increase.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

Now, if you said that in any other industry, they'd say, what?

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

Heck, in technology, no, the cost is getting cut in half.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

And that's what we want to do.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

And people say, yeah, but this is different.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

It's health care.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

It's people.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

Nope, it's not different at all.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

It's just we have to think about it differently than the traditional folks have done it.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

That may mean that there's a new group of folks.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

It may also mean, you know, that the existing folks like Blue Shield become innovators.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

And that's the most powerful thing because the reality is we can't, you know,

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

You know, whether Transparent is a few hundred million, which is what we are today, and we'll reach a billion dollars and then be even bigger than that, we're in a $4 trillion market.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

We need the big folks to also become innovators or to partner with us to drive the change to actually get this country where we need to be.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

And so I'm rooting for them as well, but I'm rooting first and foremost for the innovators amongst them.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

We are at a sea change moment.

Vanguards of Health Care by Bloomberg Intelligence
Transcarent’s Bet on AI and the End of Healthcare Scarcity

It's why we've essentially pivoted the company.