The document outlines a vision for digital transformation in healthcare through the implementation of smart health initiatives. It discusses strategies like developing a digital platform, implementing telehealth services, focusing on personalized customer experiences, and exploring new digital business models like subscription services. The goal is to drive operational excellence, increase customer lifetime value, and make healthcare delivery smarter, easier and happier through digital technologies. Implementation approaches, organizational structures, and a steering committee are proposed to govern and achieve the strategic agenda.
3. 3DX Smart Health DNA
Digitization is an
operational necessity.
Digitalization is a
business imperative.
Digital
The new
currency.
The lifeblood of
business.
Data
Disrupt or be disrupted.
Reallocate resources
aggressively to new digital
business models.
Disruption
Digital technologies
enabling new
business models.
Transformation
D D D X
12. Why are we here ?
Vision
• Transformative vision of the
digital future.
• Clear intent and outcome.
Engagement
• Vision sets direction, engaged
people make it happen.
• Connect the organization.
• Foster new ways of working.
• Encourage wider conversation.
Digital Leadership
• Strong digital leadership.
• Reimagine business – scope,
ecosystem, business model.
• Rebuild the organization –
structure, capabilities, learning.
• Reconnect with customers.
Governance
• Governance goals.
• Mechanism.
• Ownership.
13. What shall we achieve today?
Goals,
Business benefits,
Success factors.
Vision,
Value Proposition
Initiatives, Deliverables,
Products,
Business models.
MVPs,
Roadmaps,
Releases
Success Metrics,
Governance
Committee,
Talent staffing.
Governance,
Funding,
Manpower
1
2
3
4
5
14. Envisioning
Scrum Team Goal
1 Internal Process – Finance Function
2 Customer Experience
3 Business Model – New Digital Business
4 Digitally Modified Business
15. Business goals
Grow new revenue streams.
New business model
Grow income
Sustainable profitability
Strategic Cost
Management
Easy, convenient
omnichannel experience.
Process
efficiency
Rewarding,
personalized
Customer
Relationship
Improve GP & EBITDA
Cost and spend
savings.
Grow customer base.
Reduce customer
churn.
Expand digital footprint. Delightful customer experience.
Maximise customer lifetime
value.
16. Threats and opportunities
Pressures on healthcare services to be more efficient and affordable .
Chronic
diseases
• Increasing
prevalence.
Rising costs
Overhead,
material,
manpower costs.
Aging
Population
• Demand for
affordability.
• Service-mix
optimization.
Reimbursement
pressure
Payors demanding
lower price
Regulatory
compliance
CKAPS, KKLIU
GDPR,
FHIR
17. Threats and opportunities
Competitive landscape in perpetual motion.
Globalised competition.
Blurring industry boundaries.
Falling barriers to entry.
Access vs ownership of assets.
Everything connected.
18. Disruptors
The uberisation of healthcare in Malaysia.
https://www.theedgemarkets.
com/article/uberisation-
healthcare-malaysia
20. Disruptors
Our biggest threat is . . . .
Us
Our current operating model is not fit-for-purpose
for the new disruptive reality.
21. Practices of successful companies
Success criteria
Link investments in digital solutions to strategic priorities.
Deep understanding of what customers value.
Economic model - How we will make money.
Waves and stepping stones approach.
Superior digital talent and an Agile culture as a source of digital advantage.
Operating model and partnerships that accelerate digital progress.
22. Strategic agenda: 1. Operational Excellence
Customer lifetime value
Personalised, pin-point targeting.
Participatory, emotional brand engagement.
Data-driven intelligent marketing
Increase EBITDA growth by 10 to 20 percentage points.
Reduce costs by 15% to 30%.
Reduce discharge time by up to 25%.
Reduce time nurses spend on documentation by 30%.
Better, faster, lower-cost operations
Finance function excellence
Customer Effort Score > 6. NPS > 60.
CSAT at Excellent > 80.
4 Stars rating on social media reviews.
Uplifting customer experience
3DX
Report-driven Insights and analytics-driven.
Book-keeping/accounting centric Decision-centric.
Expense-focused Value and growth-oriented.
Retrospective-focused Forward looking.
Spreadsheet-driven Digitally powered.
23. Strategic agenda: 2. Reframe Business Model
Constantly challenge our
business model.
Somewhere somebody is
doing that for us.
24. Strategic agenda: 2. Reframe Business Model
Archetype choices:
Reinventing industries Airbnb, e-hailing
Substituting products and services Netflix
Crafting new digital business. Apple, Nike
Reconfiguring delivery models Progressive, Volvo
Rethinking value propositions Tokio Marine
25. Strategic agenda: 2. Reframe Business Model
Lifestyle-oriented healthcare experience centers.
Modern neighborhood health destinations.
Expand footprint, asset-light approach.
The Starbucks of Healthcare
Predictable stream of recurring revenues.
Imposes cost barrier to switching brand.
Subscription-based services
On-demand, direct to consumer.
Free up in-hospital capacity – facilities and manpower.
Competitive advantage in a convenience economy.
Expand digital footprint.
Telehealth
Redefine value proposition for customers.
- Easier omnichannel experience.
- Enriched products/services.
Network effect - self-sustaining growth momentum.
Ecosystem of partners.
Digital Platform
26. Team 1 Vision – Finance Function Excellence
Redesign Finance Function From: To Finance Centre of Excellence
Report-driven Insights and analytics-driven
Book-keeping centric Decision-centric
Cost-focused Value & growth-oriented
Retrospective-focused Forward looking.
Spreadsheet-driven Digitally-powered
i. Performance Management
ii. Pricing Strategy and Cost Structure Management
iii. AR/AP, Cash Conversion Cycle and Working Capital Management
iv. Procurement
v. Material Management
vi. Asset Lifecycle Management
vii. Patient Administration
viii. Payor Administration
ix. Consultant Administration
x. Employee Administration
xi. Efficient balance sheet.
Redesign core internal processes:
27. Team 2 Vision – Frictionless, personalized CX
1. Map customer experience journeys based on
various personas. Apply Disney Compass
model, Kano Model, Conjoint Analysis and
Value Equivalence Line.
2. Enable convenience across channels; physical
and online.
3. One app for all transactions in order to
provide seamless experience.
4. Set up omnichannel for unifying customer
engagement and for enabling faster response
to customers.
5. Accept various types of payments.
6. Embed follow-ups.
7. Implement CRM.
28. Team 3 Vision – New Digital Business Model
HOME CARE
1. New revenue stream.
2. New business unit and profit centre.
3. To be a KMI product brand.
4. Already started by KTS Hospital.
5. To develop mobile app.
6. Digital platform MVP.
7. To do market research for each
territory – Conjoint Analysis, VEL, Kano
Model, Personas, Psychographics of
target market.
29. Team 4 Vision – Digital Platform
To develop smart health digital platform.
1. A digital platform on which services are built and
accessed.
2. The smart health super app for:
i. Appointments and Queue System
ii. Home Care
iii. E-Commerce
iv. Rewards and loyalty
v. Billing and Payment
vi. Telehealth services
vii. Personal health record, tracker and coach,
viii. Any future microservices.
3. For engaging partners in the ecosystem.
4. Expand digital reach and footprint.
5. Source of revenue.
30. 3DX Smart Health Steering Committee
Dr Jasmeet Saren
Dr Mohamad Yusof
Dr Syed Nazir
Prof Dr Mokhtar Awang
Salina Long
Norliza Razali
Nik Zainon
Khairulfahmi Matsom
Dr Rayney Azmi
Mat Yula
3DX
Chairman
31. 3DX Steering Committee Roles and Responsibilities
1. Provide advice, support, guidance and oversight for the program.
2. Set strategic direction and outcomes of the program.
3. Set priorities where the most effort, energy, funding and
resources should be directed.
4. Help to ensure availability of the required resources, manpower
and funding for the projects.
5. Monitor risks, timelines and quality of the projects.
6. Advocate the program and help to promote it.
32. 3DX Smart Health Roadmap 2020
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Home Care Service - MVP 1
Loyalty Program MVP 1
Loyalty Program - MVP 1
Corporate Wellness Program - MVP 1
EMR – Phase 2
Smart Health Digital Platform
Lifestyle Program - MVP 1
Finance Function Digitalization
Electronic Medical Record (EMR) Phase 1
Customer Experience Enhancement
33. Thinking through our digital strategy
Digital departure: What is underway in the company today?
Industry direction: What will our industry look like in 5, 10 and 20 years time?
Company vision: How will we play and win in that future?
Waves and
stepping stones:
How do we make progress without being sure of the endgame?
34. Digital Disruption: A Discussion Guide
The
Disruption
is….
Detectable
Faint signals with lots of noise
Clear
Emergence of a validated business model
Inevitable
Critical mass adoption achieved
New normal
At scale and mature
Questions
What drives the economics of my
business model, and could current
technologies challenge it?
Are there new business models that
can better match the needs of at least
some of my customers?
Can I be a winner in the new business
models? What would that take?
Can I do anything to halt or delay the disruption?
What is the baseline trajectory of my business if I stay on
the current path?
How important is pre-emptive action?
Do I really have time to wait?
What options and capabilities should I build now? How
close should they be to the core business?
How can I rally support within the organization?
Do any of my new ventures give me a base from
which to compete in the new model? Can I get
one?
Do I understand the radical changes required to
create a new economic engine?
What do I do with the old core: Keep running it
for cash, radically transform it, downsize or exit?
How can I make the case for aggressively
shifting resources?
What is a realistic aspiration in the
new industry context?
Is my business capable of continual
self-disruption?
Is an exit the best option?
Actions
Acuity
Gather sharp and privileged insight to
work through the noise.
Challenge your own story.
View your business through a potential
disrupter’s lens.
Action
Develop a pipeline of new initiatives with stage-gated
investment approach, to create options and build
capabilities
Expose the core business to competition with the new
ventures
If needed, begin transformation of the core business
Acceleration
Shift resources (including management focus)
from core business to double down on new
ventures.
Build a coalition of believers to change mindsets
across the organization.
Adaptation
Develop talent and capabilities
required to compete in the new
model.
Structurally realign the cost base to
match the new profit pools.
Evaluate ‘best owner’ scenarios
Dangers
Myopia
Overconfidence
Wilful ignorance (i.e., not looking for or
wanting to see disruptive trends)
Entrenchment in orthodoxy
Pain avoidance
Reluctance to endure pain of upfront cost
Unwillingness to cannibalize the core business
Putting short-term results ahead of long-term value
Inertia
Old centers of power lock in increasingly scarce
resources
Legacy cost base becomes an anchor
New initiatives get lip service but little actual
commitment
Fit
Lack of people or capabilities to
compete in the new world.
Likelihood that you’re too late to the
game.
Unwillingness to make tough
ownership decisions.
Possibility that the industry is no
longer profitable.