EY Growth Bites: Data and AI in Healthcare

Introduction

• Conversation Series: EY Growth Bites
• Host: Tracy Gusher from EY, leads AI and Data for Americas region
• Guest: Kirby Forland, SVP of Data Commercialization and Advanced Analytics at McKesson
• Focus: Revolutionizing operations through data and AI

Kirby Forland’s Career Path

• Started in sales in late 90s within consumer package goods (CPG)
• Transitioned into data-driven selling and account management
• Developed an interest in data and analytics leading to a career shift
• Spearheaded data commercialization at McKesson
• Focus on solving analytics needs for biofarma and advancing health outcomes

AI-Ready Data

• Importance of having structured and well-governed data
• Three Components of AI readiness:
  1. Data: Accurate, reliable, well-labeled, possibly de-identified
  2. Analytics Talent: Need skilled people to understand business questions and apply algorithms
  3. Technology: Requires processing power and capability to store data efficiently

AI in Healthcare and Life Sciences

• Vast opportunities to improve health outcomes
• Movement towards personalized medicine by combining data sets
• Role of AI in drug discovery and development
  • Simulating biological responses, measuring drug effectiveness
• Example: Collaboration with Swift Diagnostics for wound care
  • AI technology to assess and track healing of wounds
• Commercial applications:
  • Understanding healthcare provider needs and claims
  • Informing drug market strategies

Conclusion

• Exciting potential of AI and data in revolutionizing healthcare
• Appreciation for executives like Kirby driving these innovations
• Encouragement to engage with more insights from data executives
• The series emphasizes understanding real-world applications of AI and data in various sectors

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• Thanks for Listening: Appreciation for Kirby's participation and insights
• Future Episodes: Invitation to join further conversations in the series with other data executives.