Thought Leaders in Healthcare IT: Prashant Srivastava, CEO of Evive (Part 2)

Sramana Mitra: Can you also explain how the money flows in this situation? You’re talking about employers and employees who are using these benefits.

Prashant Srivastava: We’ve been very fortunate to build a win-win-win model. The first winner is the individual who gets to know of the right benefit that is already in their package. W tell users that they have this free service and can get a second opinion for their treatment or that they can save money by switching to a generic.

The person wins by getting the right information at the right time without keeping track of all the things that’s available to them. >>>

Thought Leaders in Healthcare IT: Prashant Srivastava, CEO of Evive (Part 1)

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 >>>

Thought Leaders in Healthcare IT: Inder Singh, CEO of Kinsa Health (Part 4)

Sramana Mitra: You are a venture-funded company?

Inder Singh: We are. We’ve raised $25 million. We’re backed by a number of great investors including Kleiner Perkins who, as you know, is the earliest investor in Amazon and Google and has done a bunch of work in life sciences. We’ve also got some support from some international investors including GSR, Founder Collective, and a number of wonderful angels who have supported us even in the early days.

Sramana Mitra: What metrics can you share in terms of adoption? How many thermometers are in use? How >>>

Thought Leaders in Healthcare IT: Inder Singh, CEO of Kinsa Health (Part 3)

Sramana Mitra: When somebody is buying the thermometer, alongside the thermometer, you’re asking them to register on your app and start using the social platform as well to get into this kind of a network.

Inder Singh: Yes. You buy the product at a store. We sell it as a better and smarter version of a thermometer. It’s comparable in price. It works with the app. Our stick thermometer is wired into the headphone jack and you can’t use it without the app. The ear thermometer is Bluetooth. You can use that one independently but we encourage you to use the app.

We’ve got some other products that are coming up that are wireless as well. The app is used for the basic temperature-taking >>>

Thought Leaders in Healthcare IT: Inder Singh, CEO of Kinsa Health (Part 2)

Inder Singh: People like our product because it makes it easier to take a sick child’s temperature. We’ve gamified the temperature-taking process. You can record your symptoms and track them for yourself or for your doctor. You can show the doctor the full history. We provide them coaching in the app itself. If you go online and you look for specific symptoms or illnesses, you often get an encyclopedia of information.

We provide very targeted and personalized information. If your child is very young and has a temperature of over a certain level, you may need to see the doctor. Based on the symptoms, we provide more nuanced coaching and feedback. That product has won a >>>

Thought Leaders in Healthcare IT: Inder Singh, CEO of Kinsa Health (Part 1)

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. >>>

Thought Leaders in Healthcare IT: ClearDATA CEO Darin Brannan (Part 3)

Sramana Mitra: I have one observation. In everything that I’ve heard so far, it seems to me that this is a cloud computing story. It’s a cloud computing service that you’re applying to the healthcare industry. I haven’t heard anything that is particularly specific to healthcare.

Darin Brannan: The regulatory requirements for healthcare are non-trivial in the US. There’re state-level requirements and national requirements. There are over 300 different checkpoint items you have to clear to ensure that you are compliant. The way in which you interpret the regulations and apply people, process, and technology is an important semantic issue around any technology entering healthcare. >>>

Thought Leaders in Healthcare IT: ClearDATA CEO Darin Brannan (Part 2)

Darin Brannan: We find providers struggling with adding external web applications to their internal application data environment. They realize that they don’t have the security and compliance and are looking for a way to partner with someone like ClearDATA.

We’ve built as many as 42 different websites for a single hospital system on our cloud-based environment. That’s a great example of some of the challenges that you see across the provider system. >>>