Sramana Mitra: Double click down for me on the AI aspect. I know you were doing AI right up front, but of course, AI has evolved. The market has evolved. Market’s receptivity to AI has evolved. AI has come of age, so to speak in the last fifteen years. Where are you with AI? What are you doing with AI? What are you seeing in the adoption of AI?
>>>Sramana Mitra: What has driven the choices of which specialty to go on to next?
Daniel Cane: There are several factors we consider when entering a new specialty. The primary question is: where is there a large, underserved population of dissatisfied physicians?
>>>Sramana Mitra: I purposely actually picked to highlight the positioning points where you can differentiate it versus areas where you cannot really differentiate. The domain of billing is less of a big differentiation in ModMed. The bigger differentiation is in the specialty specific content, specialty specific workflow and specialty specific treatment, right?
>>>Sramana Mitra: Okay. So that’s one positioning differentiation. What about within the private practice market? Why do your customers pick you and what is special about it? What are the needs of a dermatology private practice or an OB-GYN practice or a plastic surgery practice? What’s special about each of these individual types of practices?
>>>I first spoke with Dan a decade back. Here is the story. This conversation offers insights on his scaling strategy with ModMed.
>>>Amazon (NASDAQ: AMZN) recently announced its third-quarter results that beat market expectations driven by its growth in its cloud and advertising businesses.
>>>Sramana Mitra: So this is a question, Ben, time-wise. I know you’re passionate about food and the whole food-oriented lifestyle. What is your view about cooking?
>>>Sramana Mitra: One of the things that I’m excited about in what’s happening right now is the smaller businesses’ ability to afford technology. For that to be more and more interesting, there will need to be more and more interesting technology available at really low prices that are affordable for the small businesses. That opportunity is still very big.
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