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Tales of transformation

A life sciences and health care podcast series

This Deloitte podcast series explores trends transforming life sciences and health care. Tune in to stay a step ahead of the trends shaping the industry.

Tales of transformation podcast series

From emerging technologies to the rise of the empowered health care customer to the shift from volume to value, this series takes you to the intersection of change where tremendous transformation is happening.

Welcome to Tales of transformation

Episode 1: Digital reality

Is health care ready?

What if a patient could put aside pamphlets and actually see the impact a diet could have on his or her state of health? What if a surgeon could train or prepare for a complex procedure by simulating it first in a 360-degree 3D simulation? Digital reality is no longer only a concept attributed to the science fiction realm. The immersive technology of augmented and virtual reality is now being applied to many business applications across industries, making these scenarios increasingly realistic. Explore the potential for digital reality in life sciences and health care.

Hospitals and health care organizations and providers specifically are beginning to see real clinical utility with virtual reality (VR) and augmented reality (AR) and I like to think about that utility across a number of different categories. One is for the physician or clinician experience—that includes things where the administrative burden of being a clinician or being a physician is reduced.

– Dr. Shaun Rangappa, managing director, Deloitte Consulting LLP

Episode 1

Digital reality: Is health care ready?

Episode 2: Blockchain

Use cases in life sciences and health care

Blockchain is no longer the new technology kid on the block, but has its potential been fully realized? Or are we barely scratching the surface? What are the possibilities for blockchain—or blockchains—across the life sciences and health care industry?

When I think of the ultimate use case within the provider side of health care, it's this idea of truly having a distributed ledger of patient-level data, distributed across health systems that interact with that patient and yet the patient owns the key to that data…And so really the ultimate opportunity I think around blockchain is to have this patient data broken into blocks and distributed and managed across the health system.

– Tim Smith, principal, Deloitte Consulting LLP

Episode 2

Blockchain: Use cases in life sciences and health care

Episode 3: Blockchain

Breaking down industry silos

Blockchain in life sciences and health care: Are we looking at a revolution or an evolution? This episode takes a more holistic view of how blockchain can break down industry silos and enable collaboration, coordination, and connectivity across life sciences and health care stakeholders. Learn about the opportunity for blockchain to link the industry around the spectrum of care.

We've reached a point now where I think we've gone beyond sort of the art of the possible. People are really looking to understand practically, what can I do? An interesting place for momentum is within the organization. I've seen some of our life sciences clients start to use blockchain within their internal finance organizations, to manage those processes more effectively, more efficiently, and more securely.

– Jonathon Fox, specialist leader, Deloitte Consulting LLP

Episode 3

Blockchain: Breaking down industry silos

Episode 4: No-collar workforce

Technology’s role in the future of work

Emerging technologies, like machine learning and artificial intelligence, are driving a shift in life sciences and health care to an augmented, no-collar workforce—a powerful collaboration between humans and technology where the unique strengths of both can be leveraged. Listen to the episode to learn more about the benefits of open talent models and the future of work in life sciences and health care.

There's been an explosion in contingent work and a movement away from the traditional employment model of full-time or even part-time as we move more to a continuum of workers and work arrangements. And so the term no-collar workforce is really a reference to this wave as of disruption and innovation and it's how we'll get work done going forward.

– Jen Radin, principal, Deloitte Consulting LLP

Episode 4

No-collar workforce: Technology’s role in the future of work

Episode 5: The new core

Driving operational efficiencies

Investments in “core” technology may not be the most glamorous, but they’re some of the most important. What’s driving life sciences and health care organizations to focus their resources on automating core back-office processes? Listen to this episode to learn more about the transition to a digital core and how back-end improvements can help enable front-end innovation.

Traditional supply chains are linear in nature and typically go through this structured plan source-make-deliver type of support model. And what we're seeing now with life sciences companies is that the business models are fundamentally changing…A dynamic supply network is one that allows for more efficient management of inventories, allows for increased visibility into the supply chain at each step of the process and also helps companies drive operational efficiencies.

– Todd Konersmann, principal, Deloitte Consulting LLP

Episode 5

The new core: Driving operational efficiencies

Episode 6: The power of data

Transforming the future of care?

The sheer volume of data available today can often be overwhelming. But there’s a difference between available data and accessible, relevant data. The ability to access and convert relevant data into actionable insights is key to taking the power of data and analytics to the next level. Listen to this episode to explore what’s needed to unleash an insight-driven life sciences and health care industry, and how data and analytics can help reduce costs, improve quality, and increase consumer engagement.

The health care industry itself lags quite a ways behind other industries in terms of what I call data use maturity, but the question you’re really asking is, “Why is this the case?"...Health care lags not because of the technology, it lags because the industry as a whole continues to be what we call “document-centric.”

– Tony Jurek, managing director, Deloitte Consulting LLP

Episode 6

The power of data: Transforming the future of care?

A life sciences and health care perspective

Tech Trends 2018

To help your business navigate digital disruption, this series provides a life sciences and health care perspective on Deloitte's 2018 Tech Trends report. From blockchain to digital reality to the no-collar workforce, explore eight trends that are shaping strategic and operational transformations and redefining life sciences and health care.

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