AI & Healthcare Innovation: Sarah Fuentes Molina on Digital Health Strategy 2-14-25

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Becker Private Equity & Business Podcast 10 min 2 speakers 6 chapters transcribed
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What is the background of Sarah Fuentes Molina?

Sarah Fuentes Molina 0:59
My previous leadership roles span growth in marketing, essentially guiding healthcare enterprises from Fortune 500 companies to startups towards market expansion and revenue growth. I served as an entrepreneur in residence for venture-backed startups in the health tech space out of Stanford Healthcare's Innovation Lab. And I've led the go-to-market launch for business lines at life sciences and medical services companies like Johnson & Johnson, Fitbit, which is now part of Google, and Kaya Health. Currently, I advise a select group of health companies and startups at the intersection of machine learning, artificial intelligence, and healthcare services, including surgical and digital health.
Sarah Fuentes Molina 1:43
And the products that we're developing leverage health system and patient data to diagnose disease, achieve more precise surgical outcomes, and essentially realize the future of the four tenets of health tech, personalization, participation, precision, and prevention.

How is AI transforming healthcare systems?

Thank you very, very much. And talk for a second about AI in health care, large learning models and so forth. What is some of your take on how these are going to impact health systems? I saw, for example, AdventHealth just hired a chief artificial intelligence officer. Is that something we're going to see more of? And where do you see some of the implications?
Sarah Fuentes Molina 2:24
Oh, absolutely. That's a wonderful question. Thank you, Scott. So I would say we are going to see an exponential increase in AI leaning into healthcare. Currently, I'm closely watching the application of machine learning and AI, especially generative AI for healthcare data. Digital health and AI solutions are expanding rapidly. exponentially, and our advancements over the last two years are set to significantly enhance our ability to expedite the development of new drugs and treatments, improve patient outcomes and streamline health care delivery. It's really quite astonishing and an exciting time to be in this space.

What challenges do AI developers face in healthcare?

Sarah Fuentes Molina 3:03
But to your question, while AI solution developers fully understand the technical fundamentals, many lack familiarity with established health principles, regulations, and standard clinical practices. And this gap can lead to the creation of solutions that have not been thoroughly evaluated for their impact, including safety for patients and health systems. And that lack of understanding on both sides, I see leading to hesitation from healthcare leaders to invest. So hiring executives who come with that skill set and can build it in-house is going to be invaluable.

Why is the intersection of AI and healthcare important?

And it's really that intersection. I love that point. It's that intersection of the software or technology background with the healthcare background so people could really make sense of how to put these things to work. I was talking to a CEO yesterday and he was explaining that he's got, you know, a relatively young AI person on the phone. who just was able to command the entire call because that person knew everything about everything. And my colleague, who's closer to my age, felt sort of like, oh, my goodness, thank God that this person's with us because I just can't navigate this stuff. It's people who need help sort of navigating at that intersection of AI and health care, AI and whatever they're doing, don't they?

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