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Prashant Reddy

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
147 total appearances

Appearances Over Time

Podcast Appearances

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

Yeah.

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

Maybe we pick some of the themes that you started off on the top with, including empowering patients, democratizing patient data, accelerating interoperability.

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

Maybe we pick also just next generation research.

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

I'll click through a few questions that hit some of the things that you said at the start.

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

Maybe first starting with the role of data, and you did have a conversation even five years back on this in a maybe different level of maturity, right?

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

But first, as you think about price transparency and giving patients greater access to clear and transparent data on the cost of services, how do you think that's going to play out in the way the system functions and with all of the friction inefficiencies that sit there today?

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

And you think about a patient's own healthcare data and them managing it and consuming it.

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

Many patients are doing this in the context of wearables and so on, at least in some subset of the market.

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

What could a leapfrog or a paradigm shift be in the context of patients owning their own healthcare data and medical records?

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

And how could that play out?

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

Interesting.

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

And it's funny, that actually is counterintuitive because many of these entities that are playing in this space are trying to open the tap and get you to sign up.

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

You're saying expanding protection ironically can make even their markets more efficient.

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

And by the way, I think the flip on the stick side is if there's a breach and so on, there needs to be real consequence management.

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

Maybe just to flip over to the next big theme you mentioned earlier, just on the opportunity for better interoperability of healthcare.

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

It correlates with the prior discussion.

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

But what's your overarching vision of what healthcare system and the system being defined broadly interoperability could actually unlock?

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

Clinical data, not just administrative, right?

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

especially with transparency and so on, where information is now more open, both in the payer and the provider side.

McKinsey on Healthcare
Matt Holt on how privacy and private capital can improve healthcare

How do you see, frankly, what is a big point of friction on point of sale, transparency, and payments?