ChasmPOV

ChasmPOV: May 2024 Edition

May 10, 2024

Catch up on the latest insights, announcements, and recent placements from Chasm Partners.

INSIGHTS

The role of the Chief Technology Officer (CTO) has been crucial for driving innovation and digital transformation within healthcare organizations. However, as artificial intelligence (AI) continues to revolutionize the industry, there's a growing debate on whether CTOs should evolve into a new role: Chief AI Officer (CAIO). This shift raises intriguing questions about the intersection of technology and healthcare, as well as the evolving responsibilities of leadership positions within the field.

Author Jim Butcher once wrote, “You don’t have to run faster than the bear to get away. You just have to run faster than the guy next to you.” As healthcare technology organizations increasingly integrate AI into their operations, the demand for skilled AI engineers will continue to surge, creating a pressing challenge: how to efficiently recruit top talent in this rapidly evolving field. Given the intensifying competition for such specialized expertise, I must ensure that our clients are suitably positioned to vie for this talent pool. Fortunately, however, we’re not trying to outrun the “bear” — we’re simply outrunning the others in our space who are vying for this talent, too.

PLACEMENTS

Chief Technology Officer, Payground

Payground is on a mission to simplify healthcare payments for everyone, making it easy to manage, track, and pay all in one place.

Chief Executive Officer, Ark Behavioral Health

Ark Behavioral Health is a network of Drug and Alcohol Addiction Treatment Facilities that provide a variety of levels of care to those who are prepared to begin their journey toward recovery.

Chief Financial Officer, Vytalize Health

Vytalize Health is a leading risk-bearing provider enablement platform that is tailored specifically to Medicare patients.

EVP Account Management, Avalon

Avalon has developed the world’s first Lab Insights System to generate actionable insights in real-time, at scale, to help payers and providers optimize treatments, improve outcomes, and drive down overall cost.

NEWS

Women's Health Month

Leaders in Women's Healthcare Series

This month, we will be featuring leaders in women's healthcare as a part of our ongoing Chasm Conversations series. Follow Chasm Partners on LinkedIn to stay up-to-date with our weekly releases in this series.

PPM and ASC Symposium

May 15 & 16 - Nashville, TN

Chasm will attend the upcoming Physician Practice Management and ASC Symposium in Nashville, TN this month. If you are also attending and would like to meet, please email us.

Planning an ELT Offsite?

ChasmLead Can Help

ChasmLead supports leaders and leadership teams outside of the office, too. Led by Meredith Damore, Executive Director of ChasmLead, an ELT Offsite offers the ideal opportunity to identify and develop leadership goals that underpin your organization's strategic and operational priorities. Using leadership and personality assessments, Meredith helps executives understand their leadership styles and how they work together to impact the team and culture, ultimately building trust and relationships among the ELT. To learn more, contact us.

SUBSCRIBE

ChasmPOV is a monthly newsletter by Chasm Partners that features our latest thought leadership, placements, and our involvements in the healthcare industry. If you wish to receive ChasmPOV in your inbox, enter your email address below.

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