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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

You don't pick up the phone to call a travel agent to book a trip.

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

You don't go to a bank or call a bank to do your financial transactions.

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

That model is dated.

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

So what I was really saying is we've got to change the legacy navigation model.

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

And we have to do two things.

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

One, we have to bring automation so people can self-service, which they love to do.

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

And number two, we have to reduce the price because it was way too expensive.

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

But you can imagine if everything takes a phone call.

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

And last but not least, we have to improve the experience.

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

If you say, you know, you have a question about, you know, muscular skeletal care.

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

And so now you call a legacy navigator.

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

What they say to you is, okay, well, now your company might use Sword or they might use Hinge, two of the leaders.

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

And now what do they do?

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

They say, now you've got to call them or you can go to their website.

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

If you compare that to the experience with wayfinding, you would describe, I hurt my knee playing tennis, literally talking to the phone in English or in Spanish.

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

And you would describe that and it would say, well, you have a few different options.

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

Your company covers one of these leading services.

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

I can connect you directly to it.

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

And you're instantly in their experience.

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

No sign on, no re-explaining the problem, none of that.