From Pipeline to Platform: Finding the Right Approach to Digital Innovation
The Digital Health Frontier includes cutting-edge predictive analytics, machine learning-enhanced algorithms, and big-data analytics. But for these innovations to have their full impact on patient care requires the right strategic and operational foundation.
Mayo Clinic Platform (MCP) is taking a similar approach. Instead of creating dozens of pipeline businesses or building an organization chart to support pipeline businesses, we are leveraging external collaborators, network effects, and data flowing back to the Platform, which increases its value for producers of products and consumers of services.
The digital tool was able to detect low ejection fraction, thereby improving the diagnosis of left ventricular systolic dysfunction. While the ECG/algorithm is improving direct patient care at Mayo Clinic, it can also be offered to external partners and embedded in their ECG waive form viewer, which in turn will improve the relationship between a community hospital and its patient population.