Pace of innovation: Nick Crowne speaks to Rod O'Reilly
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How did Rod O'Reilly’s career path shape his view on healthcare technology?
As I think about unlocking the value of the data. Um Or the role of data. The role of data is paramount. You can't change where and how care is delivered. Unless you have data.
Welcome to Orbit, the HG Podcast Series, where we speak with leaders and innovators across technology and discuss the key trends changing how we all do business. My name is Nick Crown. I'm a member of the healthcare technology team here at HG in New York, and I'm privileged to be joined today by Rod O'Reilly, who recently joined HG as an executive advisor in healthcare. fortunate to have gotten to know Rod over the past several years and it's my pleasure to welcome him here with me on orbit. Thanks for joining us, Rod. Thank you for having me, Nick. So Rod, may maybe as a starting point, um, it'd be great to give our viewers and listeners some perspective on your career in healthcare technology and how you got to this point.
Great. So m if if I go back as you when you get to be my age, you're sort of looking back at your career. And uh I've been in technology or in healthcare technology my whole career. So I started Digital Equipments for those of you who uh might remember digital equipment and digital equipment was the uh was the competitor to IBM. And then I moved into healthcare and and I I moved into uh the imaging business at first and spent a lot of time in imaging. I've spent a lot of time in the EMR business for on the provider side. I've been in home care, I've been in lab businesses, I've run payer-oriented businesses, networking businesses, content businesses. So I sort of bring or through my career have had exposure to the 360 of the healthcare ecosystem and had the privilege of doing that.
and watching uh people trying to help, trying to transform the system. Uh since since leaving Change Healthcare, I've joined several board of directors roles and really I'm trying to work with companies that are trying to figure out a way again to carry on and disrupt the system in a way, because we all know it needs to be fixed and really focus on the issues of affordability, access and outcome.
I want to pick up on that theme. Y you have I think a a very interesting perspective in healthcare technology, both um in its expansiveness and longitudinal quality, having seen a lot over some period of time. What are some of the areas where you've seen technology have the greatest impact in healthcare?
I would say it's been on the clinical side. If I had to if I had to uh draw a line. Clinically, if you think about what we're able to do in imaging today. If you think about the different uh advancements in surgical techniques, if you think about the fact that a vaccine for covet was produced at the pace that it was produced.
What clinical innovations have had the biggest impact during the COVID era?
If you look at how long and the expectation people have in dealing with chronic diseases such as cancer, there have been huge advances on the clinical side in healthcare. And I think we're really just at the beginning of that. It's I'm v extraordinarily optimistic. And you mentioned
clinical. Yeah. What about the administrative, operational, and financial side of healthcare?
I would say that's the area where it's been lagging. If I think about innovation, if I think about innovation in the areas of access, behavioral change and efficiency and affordability. А мій ми стіль а хелт керсистем в твои цент on every dollar is to administer a system. Ви стіль хелткер коспіване казифрупсі. in the United States. We still have a system that is opaque. and very difficult for people to navigate. We still have a system now where physicians and nurses are leaving. because of burnout and because of the administrative burden. So I would say that There's there has been a a lack of innovation and change management of the system on the administrative and financial side.
And w what do you attribute that to? It's a sort of adage in healthcare that we have a vision of where the world is going or should be going, but it's easy to conflate momentum with speed.
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Chapters
8 chapters
1
How did Rod O'Reilly’s career path shape his view on healthcare technology?
0:03–3:05
2
What clinical innovations have had the biggest impact during the COVID era?
3:05–5:22
3
Why is the administrative side of healthcare lagging behind clinical advances?
5:22–8:19
4
How do payment models and data ownership hinder system-wide innovation?
8:19–10:36
5
What role do non‑traditional buyers like Amazon and Walmart play in health‑tech disruption?
10:36–12:36
6
Which foundational elements are needed to unlock the full potential of the healthcare ecosystem?
12:36–14:45
7
How could generative AI transform patient engagement and administrative processes?
14:45–17:06
8
Will AI and new technologies ultimately reduce the overall cost of care?
17:06–20:12
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