Around 75% of healthcare providers invested in healthcare IT last year, with a particular focus in IT infrastructure and data platforms. The reasons for this notable uptake are self-evident – improved healthcare systems provide an answer to industry pain points such as long wait times and siloed operations.
Priorities like clinical workflow optimization are driving this IT revolution, and industry leaders like Kishore Kancharla are striving for much-needed change. Across twenty years in the industry, Kancharla’s contributions to data-driven healthcare have proven transformative from an analytics and security standpoint and have received multiple industry-leading awards.
In this article, we’ll consider how exactly Kancharla is changing the face of data-driven care as we know it.
A critical age for healthcare
We’re in a critical age for healthcare in the US right now, with providers standing on the cusp of true change while still having to deal with internal inefficiencies. This is true even as healtech IT comes to the fore, with many healthcare providers still failing to reach their full potential due to fragmented systems and the retention of outdated workflows.
Even with IT solutions in place, many of the current systems for collecting health data are far from ideal, often driving data scarcity that significantly slows progress. Data breaches are another pressing concern in terms of both patient care and costs. In 2024, healthcare breaches cost $9.77 million industry-wide, and over 500 sensitive patient records were lost. The race is on to ensure HIPAA-compliant data security system-wide.
Cost pressures are also increasing amongst care providers, who often have to lean on siloed IT setups that require multiple solutions to function. This is especially problematic as implementation costs reach as high as $15,000 to $70,000 per provider for singular technologies like Electronic Health Records, and is resulting in rising patient prices.
The potential of IT in healthcare remains undeniable, but all of this highlights one point – we need people like Kancharla, and the cutting-edge solutions he’s bringing to industry, now more than ever.
Venkateswara Siva Kishore Kancharla: Paving the way for lasting healthcare innovations
Lasting industry change relies on truly innovative leaders, and Kishore Kancharla’s twenty-year career proves he is precisely that.
Kancharla was initially inspired by his mother’s commitment to her work in social care and has been interested in healthtech ever since developing a healthcare application for local clinics during his final year of Engineering school. Seeing the transformative potential of healthcare technology inspired Kancharla to merge his existing technical skills with an industry that reflected the caring career he grew up admiring.
Kancharla has worked to achieve that goal in a big way, and has been at the forefront of multiple healthcare implementations and data security initiatives. Kancharla’s belief that “technology is best when it brings people together” has seen him working to address everything from systemic inefficiencies to lowering costs and improving patient outcomes.
Kancharla’s contributions to data-driven care have had such a huge impact that he’s received multiple awards throughout his impressive career, including this year’s Influencer Of the Year in Health Care award for his development of a healthcare application that improved patient engagement.
He also recently received a 2024 Global Recognition Award for his exceptional contributions to healthcare information technology and leadership in enterprise-scale digital solutions, which sits alongside previous recognition awards including Healthcare Professional of the Year and a well-deserved Indian Achiever’s Award.
Kancharla’s contributions to data-driven care
Kancharla is a strong believer that “the greatest innovations are those that provide the greatest benefits to humanity.” – Alfred Nobel. This is an outlook that’s evident across his multiple contributions to data-driven care.
Kancharla’s focus on developing applications that utilize machine learning and data-analytics has proven particularly transformative for both enhancing patient care and streamlining hospital operations across focus areas that include:
- Data sources: Kancharla’s cloud data platform development serves to centralize disparate data sources, resulting in accessible and scalable data, as well as a 30% reduction in operational costs.
- Training data sets: Kancharla’s member data tokenization tool ensures usable, HIPAA-compliant AI training data by anonymizing data that retains its analytical usability. Kancharla has also developed a synthetic data creation tool that enables realistic AI model training without privacy violations.
- Complex analytics: Kancharla has developed multiple tools to simplify data analytics, including business intelligence reporting that enables data-driven decisions and actionable insights. Kancharla’s advanced analytics tools also reduce time-to-insight to enable real-time analytics and reporting. All of which come together to enable personalized recommendations and predictive patient care within Kancharla’s generative AI implementations.
Kancharla has also spearheaded a data security initiative in which he implemented robust measures to ensure HIPAA compliance and reduce potential vulnerabilities in all-important patient data. This has served to ensure more reliable patient experiences, as well as protecting providers from the high costs of healthcare data breaches.
A commitment to continued advancement
Kancharla’s existing contributions have significantly improved how healthcare providers handle patient care and data, but he’s aware of the need to stay on top as healthtech continues to evolve. He believes that this ongoing commitment to progress is essential to meet the growing demands of patient care in a tech-led world.
Within his own work, Kancharla aims to continue fostering innovations like the use of Artificial Intelligence, Machine Learning, and big data analytics in healthcare. He also advocates for the enhancement of ever-present telehealth services and improved patient care in general.
Kancharla’s work as a mentor is paving the way for an improved healthcare future, and sees him working to empower future leaders via workshops and brainstorming sessions where he shares his expertise on vital topics like AI integrations, data security, and operational efficiency.
These ongoing efforts stand to lay the foundations for a future where more healthcare providers and patients stand to benefit from everything healthtech has to offer than ever before, all without the escalating costs and operational setbacks that have plagued the industry until now.
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