The consumerization of healthcare, moving into the 21st century, a Web 3.0 world — let’s discuss these with Torben Nielsen.
Sramana Mitra: Please introduce us to HealthSparq and yourself.
Torben Nielsen: I’m the Co-Founder and the SVP of Products and Strategy here at HealthSparq. HealthSparq is a leading provider of cloud-based healthcare transparency solutions. In essence, it means that we’re trying to change something in an industry that has been very slow at changing. I think healthcare is one of the few, if not the only one, where you don’t really know what it’s going to cost until after the treatment. You go see your doctor and have a treatment done and you have no idea whether that doctor is the right doctor for you. You don’t know the quality of the doctor. You don’t know what it’s going to cost you until maybe 30 days after, you get something in the mail that says, “This is not a bill. This is an explanation of benefit.”
At the cusp of three major trends, Big Data, Cloud Computing, and Healthcare IT, Terry Ryan is building a very interesting company from Chicago. The company is profitable, already of substantial scale, and at a very exciting juncture.
Sramana Mitra: Let’s start at the very beginning of your journeys. Where are you from? Where were you born, raised, and in what kind of background? Give us some back story.
Terry Ryan: I was born and raised in the Midwest in the suburbs of Chicago. I spent most of my time in the Midwest, but I’ve also lived around the world including Europe. I’ve done business across most of the continents, but Chicago is home.
Sramana Mitra: What did you do for college? What’s your educational background?
Clinical trials are hugely expensive for pharmaceutical companies to administer. Abraham Gutman has created a solution to make the process substantially more efficient and offers insights on new entrepreneurial opportunities in the field.
Sramana Mitra: Let’s start with introducing our audience to yourself as well as to the company.
Abraham Gutman: I’m the founder and CEO of AG Mednet. I’m a computer scientist by training. This is my second entrepreneurial company. I started the first company in 1998 in the area of telecommunications where we were building software to do provisioning of large carrier-based optical networks. We sold that company to AT&T. In 2005, I started AG Mednet. Perhaps it may be interesting to entrepreneurs that what I set out to build and what I’m doing right now are somewhat different.
Robin has built an excellent company with large, international clients in the healthcare domain and has used the bootstrapping using services technique that we espouse in 1M/1M.
Sramana Mitra: Let’s go to the beginning of your story. Where are you from? Where were you born and raised, and in what kind of circumstances?
Robin Wiener: I’m from Connecticut. I was born in Bristol, the home of ESPN. I went to the University of Connecticut for college. Early on, I had a major speech problem. I couldn’t really pronounce things. Along with that, I had a major learning disability. I had two sisters and a brother. The teachers told my parents that I just wasn’t as smart as my brothers and sisters. Maybe I could get married and that would be a good thing for me to do. >>>
Spun out from university research, Reach Health is an interesting case study in building a company around concepts like Telemedicine and remote healthcare.
Sramana Mitra: Steve and Grant, I would love to have your back stories. Where were you born and raised, and in what kind of circumstances? What paths did you follow in terms of college and so forth? How did your paths intersect?
Girish Navani has built a $300M+ private company in Healthcare IT that would be valued at over $3B if he were to take it public. We first covered the company in our Entrepreneur Journeys series [Built To Enjoy] in 2010. We continue the discussion here.
Sramana Mitra: Let’s pick up from where we left off about four years ago. Of course, you’re one of the key players in the healthcare IT ecosystem and started way before most of players in the current landscape. Catch me up on what’s going on and how you’ve progressed. I want to set the context of what I love about your philosophy of building the company. You’ve kept it private. When we talked in 2010, you already had thousands and thousands of customers and had substantial revenue. >>>
In our review of various Big Data players working on vertical apps, this time, we bring you a Healthcare IT story.
Sramana Mitra: Let’s start with some introductions. Please talk a little bit about yourself as well as Explorys.
Charlie Lougheed: Explorys is my third company. I was in my mid-teens when I started my first one. I was always driven to technology and entrepreneurship. I have this strange hybrid of experience in that I’ve spent a good amount of my career in large corporations as well. I’ve spent a good amount of time in the financial services sector, primarily around extending their online channel. I was responsible for both the technology as well as the business side. It was an interesting exposure. To some >>>
By guest author and 1M/1M member Luis Montes
There has been much promise and hype by home health (HH) EMR companies around the use of physician portals. In fact, almost all existing EMR systems offer some sort of physician portal application. Physician Portals have been deemed to be the future of inter-provider communication and patient health information (PHI) exchange. Portals are supposed to offer substantial improvements over conventional methods of PHI exchange currently used today among health care providers >>>