A little coffee pun in sharing a post I wrote. Choosing an AI vendor without a framework is like choosing coffee without knowing your roast. You'll get something, just not what you needed.
How do you choose the right AI vendor for your medical practice? The answer is that it depends on your specific needs. That might not feel like a complete answer, so let me share a framework to help you make this decision. After talking with many companies, I’ve noticed two main ways to measure value. Most look to show a calculated ROI based on either cash or capacity. To figure out capacity, multiply the hours saved or created by the average cost of that team member’s rate. With that in mind, it’s important to go into this search with a clear vision of what you hope to get out of the system. These goals will land in GROWTH, MARGIN EXPANSION, and CAPABILITIES. If your goal is growth, saving or creating those hours can help your team be more productive and reach their potential. If you care most about margins, focus on the cash return. If you want new capabilities, look for a solution that balances both. When you start with a clear vision, you’ll know what to focus on in your discussions. You can also visit our website to find a full framework for building your AI department. #MedicalPractice #PracticeManagement #HealthcareProfessionals #AIinHealthcare