On this episode of Millennium Live, we welcome Andrew Cohen, Global Healthcare & Life Sciences Industry Leader at IBM Consulting. As more healthcare organizations move their systems to the Cloud, Andrew sheds light on the benefits, key considerations, and lessons learned along the way. Andrew discusses how healthcare organizations are responding to Generative AI advancements, and highlights promising use cases in the industry. However, with the highly regulated nature of healthcare, he also emphasizes the importance of safeguarding Protected Health Information (PHI) when adopting AI solutions. As healthcare costs continue to rise, Andrew also explores cost optimization strategies that forward-thinking organizations are leveraging to bend the cost curve and shares IBM's approach to helping these organizations balance cost reduction with revenue growth, and whether the focus should be on business operations or IT solutions. We also touch on interoperability, value-based care, virtual care, and how healthcare providers are adapting to shifting patient expectations in a digital age.

IBM Consulting stands out as the only major global consultancy embedded within a technology company, emphasizing open innovation, collaboration, and trust. They don’t just advise; they work alongside clients to design, build, and operate high-performing businesses.