How does one company become an influential fixture in a global culture? For Dan Lambert, CEO of PathologyWatch and member of the Forbes Young Entrepreneur Council, it requires interdependence.

Inspired by Apple’s focus on integration to lay the groundwork for a customer experience-centered digital transformation, Dan and the PathologyWatch team have worked to create their own “Apple moment” of interdependence.  “This is how we can reduce the cost of healthcare in the US without sacrificing quality,” says Dan.

In his latest Forbes article, Dan explains the competitive advantage of interdependence and how interdependence benefits healthcare. Here are some highlights from the article.

The Competitive Advantage of Interdependence

A product is interdependent when one part is made and delivered depending on the way another product is made and delivered. Apple perfected this process, and Salesforce uses this model as well. “Once an interdependent product delivers reliably for customers, its components and processes begin to become standardized,” says Dan. “At this point, suppliers can compete to deliver what have now become modules more cheaply and quickly.” 

Benefits of Interdependence in Healthcare

Part of what inspired the formation of PathologyWatch was dermatologists’ need for a complete pathology system. “They wanted digital pathology, EMR integrations, the ability to show the case to the patient and an expert opinion (or sometimes multiple expert opinions),” explains Dan. He adds, “PathologyWatch was created as a center of excellence for dermatopathology, where we aim to provide an optimized end-user experience for our dermatologists and integrated care for patients.”

The healthcare industry is rapidly adopting a model of interdependence to fuel patient-centric digital transformation as a strategy to reduce the cost of healthcare in the US without sacrificing quality. “I am cautiously optimistic that this new commitment to interdependence will yield better outcomes, lower costs and overall greater value in healthcare,” he says.

To read the full Forbes article, click here