I first spoke with William for our Entrepreneur Journeys series in March 2015. This is a follow-up discussion on the company’s progress and extensive impact by harnessing data from a hundred different sources to help pharmaceutical companies across various use cases. Excellent insights!
Sramana Mitra: Let’s start by catching up a bit. We spoke sometime back in the Entrepreneur Journeys series where you introduced Zephyr Health. Our audience has that. We’ll connect that story to this one so people can go back and read that story. Catch me up on what’s happening. >>>
There are tremendous inefficiencies in the healthcare ecosystem and a large percentage of these can be streamlined with technology. This is a field where technology has an unambiguous positive impact to bring to bear. However, we’re still far from where we need to be.
Sramana Mitra: Let’s start with some introduction. Let’s introduce our audience to yourself as well as to GetWellNetwork. What do you do? What’s your background?
Michael O’Neil: I’m the Founder and CEO of GetWellNetwork. We are a company that has been around for some time >>>
Prashant has built a very interesting benefits optimization company to over $30 million in revenue. He shares insights on how he sees the benefits optimization space is evolving with the application of predictive analytics. Very cool conversation!
Sramana Mitra: Tell us about Evive. What are you doing? What trends are you aligning with?
Prashant Srivastava: Think of Evive as Amazon meets Google meets Benefits. Like Amazon, we’re creating a recommendation for the end user based on a record on transaction or interaction that they have done in the past. Like Google, we are using ad >>>
This is a very cool story of an intelligent thermometer with far-reaching consequences. Absolutely fascinating!
Sramana Mitra: Let’s start by introducing our audience to yourself as well as to Kinsa.
Inder Singh: I am the Founder and CEO of Kinsa. I started the company about five years ago. Kinsa has reimagined the thermometer, which is the first product parents turn to when a child falls ill. We’ve turned it into a health support system. We’ve done that for a much bigger reason. Our mission is to help curb the spread of an illness by understanding where and when it starts and helping to respond to it early. >>>
The infrastructure requirements of healthcare IT are particular. Darin discusses the issues.
Sramana Mitra: Let’s start by introducing our audience to ClearDATA as well as yourself.
Darin Brannan: I’m the Co-Founder and CEO of ClearDATA headquartered out of Austin, Texas. I’ve been in the tech business for about 25 years, mostly out of the Bay Area. For the past six years, I’ve been directly and almost exclusively focused on the healthcare IT market. Much of my family is in healthcare as physicians or practitioners. I’ve been around healthcare for a long time. ClearDATA’s >>>
Senior populations in all parts of America are ballooning. The population of unemployed younger people will also balloon as automation ravages American society. Can these two trends converge to find a happy middle ground with the mission of creating a compassionate, humane society?
Sramana Mitra: Let’s start by introducing our audience to MatrixCare as well as yourself.
John Damgaard: My name is John Damgaard. I’m the President and CEO of MatrixCare. MatrixCare is focused on the spectrum of US healthcare known as long-term post-acute care, which is a traditional name used to describe what we do. I often question whether it’s the best term to describe what we do. We’re in the business of pre-acute care primarily for the senior population ensuring their ongoing health and wellness as they move across their lives and as they move across the spectrum of care. >>>
Jas bootstrapped CareSkore with a paycheck and then was accelerated at YCombinator. The company rapidly scaled to over $5 million in revenues in 2016 selling a patient relationship management to hospitals and insurance companies. It’s a great window into a segment of Healthcare IT!
Sramana Mitra: Let’s start by introducing our audience to CareSkore.
Jas Grewal: The product that we’re bringing to market is called personalized population management. We are going after the population health market. There’s a lot of reasons why that segment is emerging at a really fast pace. It has a lot to do with what kind of outcomes we expect from this country from a >>>
The cost of healthcare is a hot issue since costs can be prohibitive, not only for the average person, but for employers and providers too. Improvements in IT are expected to reduce these expenditures dramatically, to help keep healthcare costs down without sacrificing the quality of care that patients receive. The opportunities in Healthcare IT are clearly huge in multiple dimensions, and I am convinced that many businesses can and will be built in this segment over this decade. The following conversations with some top leaders in the field discuss where their businesses found traction and shed light on where other problems that still need to be solved exist.