38: Healthcare Data is Local
Meet Hal Andrews:
Hal Andrews is the Founder, President, and CEO of Trilliant Health, a data science and analytics company that provides research for healthcare providers. He currently serves on the Board of Directors of Trilliant Health and Mployer Advisor, and on the Board of Advisors for the Nashville Capital Network. Hal previously served in executive roles at Aegis Health Group, Digital Reasoning, Shareable Corporation, Availity, LLC, RevPoint Healthcare Technologies, Martin Ventures and Data Advantage. Hal has two undergraduate degrees from Southern Methodist University, as well as a law degree from The University of Tennessee.
Key Insights:
Hal Andrews in on a mission to improve market analytics, research, and predictions in healthcare.
- Think Local. Many strategic decision and predictions in healthcare are based on national metrics. However, healthcare is local. Different sub-markets have different population health needs and habits, and are dynamic. Trilliant Health gives health providers local-level data for decision making.
- Dynamic Planning. Many strategic decisions in healthcare are made from inpatient data, which represents only a fraction of services and revenue. Additionally, that data informs year-long strategic planning, with no adjustments unless there is a crisis like COVID-19. Trilliant helps health systems engage in dynamic planning, making decisions based on monthly rather than yearly data.
- Insights for Entrepreneurs. There’s an old saying that two things in life are certain: death and taxes. Hal adds two more certainties to that list for founders: it’s going take more money than you thought, and more time than you thought.
This episode is hosted by Tarun Kapoor, M.D. He is a member of the Advisory Council for Day Zero and is Senior Vice President and Chief Digital Transformation officer at Virtua Health.
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