Pete McCabe

speaker

210 appearances 1 recordings 1 series first heard Dec 2021 last heard Dec 2021

Pete McCabe’s voice in public audio — every appearance, attributed to the second.

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McKinsey on Healthcare · How can healthcare unlock the power of data connectivity? · 15 Dec 2021 podcast

Just start with that as the foundation.

But B, if you don't know the context of patient X's care, you know, I had diabetes, I had preexisting conditions, I had heart disease and allergic to these drugs.

So if you think about value-based care, it can only be as good as the underlying data

that supports the moves on value, the efficacy of the value.

We are huge supporters of value-based care.

Today, there's good contracting, kind of commercial incentives to drive more and more value-based care.

What we need to do is catch up the underlying data to support value-based care.

And it's one of the things we see that the payers and providers and self-insurers driving quite hard and we're very anxious to support them in advancing their objectives.

Amazon tells me what books I like.

And Netflix tells me what movies I want to watch.

And I spent a lot of time in different industries.

But the internet of things, we would take real-time feedback and reduce the fuel consumption of a locomotive by 8%.

And it would take real-time feedback and prove the megawatt hours we generate from a wind turbine by 20%.

We need to be doing those things in healthcare, you know, for our society, whether it's at an individual level, at a population health level, trying to develop new drugs or treatments or find the efficaciousness of, you know, wearing masks.

The transformational power is massive.

I think value-based care is maybe ground zero, if you will, for driving those potentials.

I go into the internet and they tell me what, like, shorts I like to buy, right?

Why can't somebody, when I walk into the doctor, say, hey, here's the drug treatment that's best for you, given the last 20 years of your life?

I think when we Google in 2025, what are the greatest advancement in healthcare in the last hundred years?

I think you're going to see a list with things we all know, artificial heart, mapping of the genome, antibiotics, biopharmaceuticals, diagnostic imaging.

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