CEO MONTHLY / ISSUE 12 2024 13 The Next Generation of Healthcare Steering the healthcare industry in a better direction for all, Steer Health is bolstered by some incredibly impressive figures which reflect its excellence in this space. Be it its 24% year-on-year revenue growth or its 11% reduction in the average length of a patient’s stay, almost 20 million patients trust this company as a result of its demonstrably effective solutions. These offerings include a seamless digital front door strategy, automation to both expand and enhance clinical capacity, and robust electronic health record integrations. Across these industry-leading AI solutions, proven results have been yielded at every turn. This has been achieved thanks to the seamless integration of AI into every aspect of the workflow of a hospital or medical facility. From measurable reductions in scheduling times to decreases in inbound calls, claims denials, administrative task and triage times – as well as a significant increase in the website visitor to customer conversion rates – this encompassing AI platform lives up to its promise of streamlining existing healthcare processes. Both the company itself and its remarkable solutions are the result of the unwavering passion for the sector embodied by Sridhar Yerramreddy, who both founded the business and serves as its CEO. Hailing from a long line of revered physicians, Sridhar operates atop more than three decades of experience in world of IT and software, expertise based in the healthcare sector and beyond. Some highlights of this career so far include developing and implementing high-value business models across both healthcare and insurance. Sridhar’s first business venture came more than a decade ago, when he established Oculus Health in Cambridge, Massachusetts. For several years, Sridhar served as the CEO of this company, which also worked towards his ongoing mission of transforming healthcare. Offering a suite of products revolving around chronic care management, this business added value to all across this sphere. Its potential was then recognised by Wellbox, who acquired the company in the midst of the COVID-19 pandemic in mid-2020. On the back of this, Sridhar doubled down on his efforts with Steer Health, which has quickly positioned itself as the all-in-one growth and automation platform for the healthcare industry since opening its doors in 2021. This is corroborated by the 98% of customers who recommend these solutions to their fellow industry professionals, including Dr Kavitha Bhatia of Prime Healthcare, who said: “Our partnership with Steer Health has improved patient access to care, resulting in increased revenue and improved efficiency.” Moreover, the plug-and-play nature of these services makes them ready for use in just a few weeks, and the platform also benefits immeasurably from Sridhar and the team here working closely with their hospital and medical centre clients to further enhance these products, tackling the ever-changing nature of this market and, at the same time, directly addressing the unique needs of these facilities. Such consistency across these solutions results in enthusiasm from the likes of nurses and physicians, who use Steer Health as their co-pilot. Even in cases where a facility already has digital tools and systems at its disposal, Steer Health can benefit these existing processes further, with its platform being integrated around these current systems if possible, or, failing this, the team here will even buy out a client’s previous contract. This in no way impacts security, which remains a cornerstone at Steer Health. An SOC-2 certification and full HIPAA compliancy underpin this, with the system securing all of its data to the highest standards and not sharing it with anyone. As all of these points suggest, Sridhar Yerramreddy has quickly positioned Steer Health as a gamechanger in the field, leveraging AI to make the world of healthcare more accessible, streamlined, and effective for all. What makes this all the more impressive is that these technologies are still very much in their infancy, and one can only imagine the ways in which Sridhar and his team will continue to pioneer as we move into 2025 and beyond. Web Address: https://steerhealth.io/ Aug24513 The world of healthcare is dynamic and never sleeps, making it ripe for automation and AI processes to boost productivity, optimise patient flow, and empower clinicians. This is something recognised by Steer Health, a Texas-based healthcare operating systems company that is driving growth and heightening experiences across more than 50 hospitals ands 300 medical facilities across the US. Headed up by Sridhar Yerramreddy, who has been recognised as the Most Influential CEO 2024 - South (Healthcare Operating Systems), Steer Health is changing healthcare forever.
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