Tag Archives: Healthcare

Inside Healthcare Sales: Building a Revenue Strategy for Your Health Moonshot

February 10, 2023Business, Health, Innovation, StartupsCollin Stewart, Health Tech, Healthcare, Innovation, Jamey Edwards, Logan Plaster, Revenue, StartUp HealthNicole Kinsey

Podcast: Play in new window | Download (Duration: 46:57 — 43.0MB)

Welcome to StartUp Health NOW, the podcast where we celebrate the entrepreneurs and innovators who are transforming health.

As we’ve reported recently, the health tech funding landscape has tightened in the last year. In other words, it’s harder to raise money for your business. But there’s an upside to this cooler market: There’s a heightened emphasis being put on the fundamentals of business like cash flow and profitability. That means less noise being generated around innovations that turn out to be smoke and mirrors and more focused on smart, sustainable business ideas. That’s good news for the right kind of founders, the ones we call Health Transformers.

But, it still isn’t easy. When a startup is facing an ever-shrinking runway and having to show strong revenue numbers, it can be difficult to take the time to formulate a cohesive sales strategy that allows the business not only to survive the long sales cycle in healthcare, but thrive long term as it seeks to achieve its audacious health moonshot.

To help founders tackle this challenge head on, we invited Collin Stewart, the CEO of Predictable Revenue, to join us for a recent Fireside Chat. The conversation was hosted by Jamey Edwards in front of a live virtual audience of founders from the StartUp Health portfolio. They cover themes like being radically open to market feedback and even pull some wisdom from Collin’s days as a professional musician.

Entrepreneurs: How to get investment from StartUp Health startuphealth.com

Investors: Contact us to learn how to invest in Health Moonshots
Want more content like this? You can subscribe to the podcast as well as other health innovation updates at startuphealth.com/content.
Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Passionate about Type 1 diabetes? If you’re an entrepreneur or investor, contact us to learn how you can join our T1D Moonshot.

Looking to break down health barriers? If you’re an entrepreneur or investor, contact us to learn how you can join our Health Equity Moonshot.

Facing the Music: Critical Lessons in Healthcare Leadership

January 27, 2023Business, Health, Innovation, StartupsElizabeth Dale, Healthcare, Jefferson Health, Leadership, Logan Plaster, Mindsets, Moonshot Mindset, Stephen Klasko, Steven Klasko, WisdomNicole Kinsey

Podcast: Play in new window | Download (Duration: 32:47 — 30.0MB)

Welcome to StartUp Health NOW, the podcast where we celebrate the entrepreneurs and innovators who are transforming health.

What can music teach us about the confusing, inspiring, sometimes frustrating world of healthcare?

According to Dr. Stephen Klasko, our guest in this first StartUp Health NOW episode of 2023, the answer is a lot.

Dr. Klasko was the President of Jefferson University and CEO of Jefferson Health during the COVID-19 pandemic. He launched JeffConnect, a pioneering initiative in telemedicine, and grew Jefferson Health from three hospitals to 14.

He’s the author of the new book How the Message in the Music Can Save Healthcare in America, in which he throws back to his roots as a radio DJ in order to help the reader think more creatively about the changes that need to take place in healthcare.

Now, he’s getting involved in the startup scene through his work as an executive in residence at General Catalyst and as a member of StartUp Health’s Health Moonshot Impact Board. We wanted to bring Dr. Klasko in for a special session with our Health Transformers because he’s solved healthcare problems at the highest level and understands just how interconnected this ecosystem really is. Bonus: he tells it like it is.

The conversation, which took place in front a live audience of founders from the StartUp Health portfolio, was co-hosted by Elizabeth Dale, who worked closely with Dr. Klasko at Jefferson.

Learn more and connect with Health Transformers.

Entrepreneurs: How to get investment from StartUp Health startuphealth.com

Passionate about Type 1 diabetes? If you’re an entrepreneur or investor, contact us to learn how you can join our T1D Moonshot.

Looking to break down health barriers? If you’re an entrepreneur or investor, contact us to learn how you can join our Health Equity Moonshot.

Is Value-Based Care Finally at a Tipping Point? Cityblock and Enlace Health Share Thoughts from StartUp Health @ HLTH

November 23, 2022Business, Health, Innovation, Startups2022 StartUp Health Festival, Bill Nordmark, Cityblock, Cityblock Health, Dr Kameron Matthews, Enlace Health, Fee for service, Health, Health Tech, Healthcare, HealthTech, HLTH, HLTH 2022, Kameron Matthews, Kameron Matthews MD, Logan Plaster, StartUp Health @ HLTH, Value-Based CareNicole Kinsey

Podcast: Play in new window | Download (Duration: 19:22 — 22.2MB)

Welcome to StartUp Health NOW, the podcast where we celebrate the entrepreneurs and innovators transforming the future of health.

Value-based care has the dubious distinction of being the oldest new idea in health innovation. For decades we’ve talked about the benefits of creating medical payment structures that tie compensation to the patient’s outcome, rather than simply paying for services. It’s pretty clear that if a hospital makes its money off of performing certain tests or procedures, it’s going to have a bias – whether overt or subconscious – towards doing more of those tests and procedures. There’s no financial incentive to give the patient a lower-cost option that’s just as effective.

The alternative to America’s “fee for service” model is one where financial risk is shared by multiple entities, and pricing is bundled in a transparent way. This so-called value-based structure does away with surprise bills, and makes sure that doctors and hospitals are financially incentivized to keep patients healthy. Of course, that’s an oversimplification, and we could have a whole other episode about the role of fee-for-service medicine, but that’s not our subject for today.

Today, we’re getting a look at how value-based healthcare companies are faring through the lens of two StartUp Health companies, Cityblock Health and Enlace Health.

Recently, StartUp Health brought together nearly 100 of our portfolio companies at HLTH in Las Vegas, and while on the show floor, we caught up with some of our top founders in the StartUp Health Studio. That included Bill Nordmark, CEO of Enlace Health, which last year raised a $60M series D, and Dr. Kameron Matthews, Chief Health Officer at Cityblock Health, which is now valued at more than a billion dollars. Both of these companies are making value-based care business models a reality. For Enlace, it’s about building a new infrastructure that allows other companies to operate successfully within a new financial model. For Cityblock, it’s about deploying value-based care at scale in a way that addresses the needs of vulnerable populations.

Listen in for Logan Plaster’s chats with Bill Nordmark and Dr. Kameron Matthews, held in the busy StartUp Health Pavilion at HLTH in Las Vegas.

Learn more and connect with Health Transformers.

Entrepreneurs: How to get investment from StartUp Health startuphealth.com

Passionate about Type 1 diabetes? If you’re an entrepreneur or investor, contact us to learn how you can join our T1D Moonshot.

Looking to break down health barriers? If you’re an entrepreneur or investor, contact us to learn how you can join our Health Equity Moonshot.

Why Any Digital Health Startup Needs an Interoperability Strategy w/ Troy Bannister, Particle Health

November 8, 2022Business, Health, Innovation, StartupsAccess to care, Cost to Zero, Health, Health Data, Health Moonshots, Healthcare, Interoperability, Jamey Edwards, mindset, Moonshots, particle health, troy bannister, WisdomNicole Kinsey

Podcast: Play in new window | Download (Duration: 53:42 — 49.2MB)

Troy Bannister is the CEO & Founder of Particle Health, a StartUp Health portfolio company that is shaping the new standard of healthcare data exchange with a user-friendly API platform. Fresh off their $25M capital raise, Troy shares his views on the future of interoperability and why interoperability needs to be a core pillar in any healthcare startup’s playbook. Healthcare’s future is about data, and in front of a live, interactive audience of Health Transformers, Troy chats with StartUp Health’s Jamey Edwards for a deep dive on how to develop an interoperability strategy and partner with the right company to fulfill your moonshot mission.

Join us at the StartUp Health Festival @ HLTH, Nov 13-16, 2022, in Las Vegas to meet Troy Bannister, Jamey Edwards, and hundreds of other Health Transformers in person: https://www.startuphealth.com/startuphealthfestival

Learn more and connect with the team at Particle Health.

Entrepreneurs: How to get investment from StartUp Health startuphealth.com

Investors: How to invest in StartUp Health Moonshots healthmoonshots.com
Want more content like this? You can subscribe to the podcast as well as other health innovation updates at startuphealth.com/content.
Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Passionate about Type 1 diabetes? If you’re an entrepreneur or investor, contact us to learn how you can join our T1D Moonshot.

Looking to break down health barriers? If you’re an entrepreneur or investor, contact us to learn how you can join our Health Equity Moonshot.

Transcarent’s Glen Tullman on Building the Next Healthcare Ecosystem

March 15, 2022Business, Health, Innovation, Insights, Startups2022 StartUp Health Festival, 7Wire Ventures, 7wireVentures, Access to care, Access to Care Moonshot, Glen Tullman, Health Moonshots, Healthcare, Livongo, Logan Plaster, Moonshots, StartUp Health, StartUp Health Festival, telemed, telemedicine, Transcarent, Unity Stoakes, ViVE MiamiStartUp Health NOW

Podcast: Play in new window | Download (Duration: 22:23 — 20.5MB)

This week is another StartUp Health Festival @ ViVE special, as we bring you a main stage conversation between Glen Tullman, CEO of Transcarent, and Unity Stoakes, the President and Co-founder of StartUp Health.

In the conversation, held in front of a live audience, Tullman pulls back the curtain on what he’s building at Transcarent, and how it builds on the success he saw at Livongo. Tullman explains why healthcare is entering the era of “Big Customer” not “Big Tech” and why, if we want to make healthcare efficient and affordable, we have to completely rethink the process, not just make the current system work a little more smoothly.

Stick around for the end of the interview, where Tullman gives some practical wisdom to entrepreneurs and innovators who are early in the journey.

Entrepreneurs: How to get investment from StartUp Health startuphealth.com

Live From the StartUp Health Festival @ ViVE 2022

March 8, 2022Business, Health, Innovation, Insights, Startups2022 StartUp Health Festival, Cancer, Health, Health Moonshots, Health Transformers, Healthcare, Logan Plaster, Moonshots, Rachel Freeman, StartUp Health, StartUp Health Festival, WelwazeNicole Kinsey

Podcast: Play in new window | Download (Duration: 15:36 — 21.4MB)

This week’s podcast is coming to you live from the StartUp Health Festival @ ViVE in Miami Beach where Health Transformers have come together from around the world. StartUp Health’s Media Director, Logan Plaster, interviewed 26 Health Transformers on the first full day of the Festival, learning more about the news our portfolio companies are ready to announce to the StartUp Health community. In this conversation, Logan chats with our Social Media Coordinator, Rachel Freeman, about key takeaways from his interviews: including covering the basics in healthcare, developing surgeries that will solve a multitude of health problems, an exciting announcement from Welwaze, and so much more.

Entrepreneurs: How to get investment from StartUp Health startuphealth.com

The Future of Health Innovation With Microsoft’s Dr. David Rhew

October 12, 2021Business, Health, Innovation, Insights, Startups, UncategorizedDr. Rhew, health innovation, Healthcare, Healthcare at Microsoft, India Edwards, Logan Plaster, Microsoft, Microsoft Cloud, Microsoft Cloud for Healthcare, StartUp HealthStartUp Health NOW

Podcast: Play in new window | Download (Duration: 52:22 — 48.0MB)

This week on the podcast, we’re bringing you a conversation with Dr. David Rhew, the Chief Medical Officer & Vice President of Healthcare at Microsoft. In this interactive session, Dr. Rhew broke down Microsoft Cloud for Healthcare and explained how the broader suite of Microsoft tools – from natural language processing to using Teams for telehealth – can help healthcare startups scale more quickly. Bottom line? If a startup wants to move quickly, don’t reinvent the wheel. The infrastructure you need might already exist in the marketplace. Finally, we learned specifics on how startups can partner with Microsoft directly. This interactive Fireside Chat was hosted by StartUp Health’s Media Director Logan Plaster in front of a live audience of founders from the StartUp Health portfolio.

Entrepreneurs: How to get investment from StartUp Health startuphealth.com

Investors: How to invest in StartUp Health Moonshots healthmoonshots.com
Want more content like this? You can subscribe to the podcast as well as other health innovation updates at startuphealth.com/content.
Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Health Assurance With General Catalyst’s Chitra Nawbatt

August 24, 2021Business, Health, Innovation, Insights, StartupsChitra Nawbatt, General Catalyst, Healthcare, healthcare industry, investing, investment, Logan PlasterStartUp Health NOW

Podcast: Play in new window | Download (Duration: 35:32 — 48.8MB)

In this episode of StartUp Health NOW, we spoke with Chitra Nawbatt, Global Head of Health Assurance and Innovation at General Catalyst. During this 60-minute chat, Chitra shared her focus on investing in companies that are transforming the healthcare industry from a “sick care” system to a resilient, proactive health assurance system. She also gave her perspective on what makes a company stand the test of time and best practices to collaborate across systems, leaders, portfolio companies, partners, and operators.

Entrepreneurs: How to get investment from StartUp Health startuphealth.com

Payor Collaboration With Terry Booker of Independence Blue Cross

June 15, 2021Business, Health, Innovation, Insights, Startups, Uncategorizedbanking, Healthcare, Independence Blue Cross, insurance, investing, investments, Logan Plaster, Payor, Terry BookerStartUp Health NOW

Podcast: Play in new window | Download (Duration: 27:04 — 37.2MB)

Today we’re talking with Terry Booker, the VP of corporate development and innovation at Independence Blue Cross. Booker combines years of experience in investment banking and business development with an insider’s knowledge of Independence Blue Cross, an insurer that serves more than seven million people. In our conversation, which was held in front of a live virtual audience of founders from the StartUp Health portfolio, we get tactical about how startups can best partner with the largest insurers in the world.

Entrepreneurs: How to get investment from StartUp Health startuphealth.com
Investors: How to invest in StartUp Health Moonshots healthmoonshots.com
Want more content like this? You can subscribe to the podcast as well as other health innovation updates at startuphealth.com/content.
Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

A Moonshot Vision for Healthcare Virtual Reality With Dr. Brennan Spiegel

February 22, 2021Business, Health, Innovation, StartupsAccess to care, Cedars-Sinai, Healthcare, Logan Plaster, Virtual Reality, VRStartUp Health NOW

Podcast: Play in new window | Download (Duration: 40:47 — 56.0MB)

Dispense with everything you know about virtual reality. So says Dr. Brennan Spiegel at the opening of his new book, VRx: How Virtual Therapeutics will Revolutionize Medicine. Dr. Spiegel, our guest on this episode of StartUp Health TV, directs the Center for Outcomes Research and Education at Cedar Sinai Hospital in L.A. He’s one of the most influential and forward-thinking figures in health innovation today. The conversation went deep into the potential for virtual reality to transform therapeutic care, well beyond what many people see as possible.

Entrepreneurs: How to get investment from StartUp Health startuphealth.com
Investors: How to invest in StartUp Health Moonshots healthmoonshots.com

Want more content like this? You can subscribe to the podcast as well as other health innovation updates at startuphealth.com/content. Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.