Digital-health is boring. But all the people are goofy. Let's bring more of that weird, innovative energy to the surface y'all. That's what it's gonna take to get more outsiders excited to build in this space.
As a healthcare founder, I’m at the stage where the most statically likely outcome for me is a mid-level executive job at some soulless oligopoly. Outpacing this fate is a massive motivator for me lately.
@pitdesi
I bet most of those rail-cars sit +90% of the time. Would be cool to rent one for a trip. Could be a fun side gig to make this into a bookable experience.
I'm seeing a lot more gatekeeping in the health-tech community lately. I'm not here to call anyone out, but underscore that we all started as naive outsiders. Knowledge sharing and cooperation is the only way we'll fix healthcare.
@DivaBiotech
Imagine waking up on the street, in the rain, likely in withdraw, and watching healthcare-suits milling about. Who is really unsafe here? Who is profiting from the same type of greed that fueled the opioid crisis? Amazed that more of us don't see the irony! SF needs your love...
Photon is planning to sponsor a *free* space for HTLH attendees to take meetings and network - no ticket required. Like or comment if you'd like an invite or want to co-sponsor.
Would love to see more talks/panels discussing actual /tech/ at
#hlth
- we hear the buzzwords on the 10 panels where VCs each describe the market in different ways. There is a revolution happening in digital-health infra and care automation right now, let’s talk about it!
The era of the overfunded product team with (over)build-in-house mentality is over. Resource constraints mean folks gotta pick where they innovate and buy/partner elsewhere. Good for b2b software.
Summer Health is currently partnering with
@photonhealth
to prescribe medications like Tamiflu and amoxicillin at a time when the FDA is declaring shortages of these drugs. If you need access visit .
@nealkhosla
@chrissyfarr
An individual should have the right to scan and understand their biology and even self medicate. But if you want your insurance to pay for it, a doctor should be ordering. It’s that simple.
A stranger just stopped me on the street in SF to ask me what I do. He recognized me from a JPM party and said I’m a character. Ha!
Turns out he runs a care platform with three thousand doctors. Hope to do a deal.
The lesson: be myself.
Startups are forged more than they are founded, really. In the mythology of it, founders ought to be recognized more for staying the course amid pressure rather than starting something.
@morgancheatham
@costplusdrugs
If only there were a prescription network that gave patients cash-pay options … the PBMs are robbing Medicare and SureScripts is driving the getaway car!
Financial models are back!
For years founders rolled their eyes when I asked them to take me thru the model…. ‘I mean we have one, but we are pre-seed so it doesn’t mean anything’
Yikes noooo.
Imagine if in 2004 the government decided that movies could only be distributed via DVD.
Sounds crazy, but that’s how it is in healthcare! Essentially, we’ve got the tech for streaming, but many are still renting VHS.
For early-stage startups, capital isn’t directly conducive to innovation. The primary mechanism is to reduce opportunity costs so a smart team can focus on a problem. The best VCs I’ve met operate with this mindset.
@chrissyfarr
@nealkhosla
There’s plenty of decisions an individual can make that create much higher risk for medical bills. Should doctors decide if I can go skiing or get on a motorcycle too?
You couldn’t pay me to get in an MRI without a doctors note, but I stand by peoples rights.
We're hosting our Second Orbit at an immersive bar in Brooklyn - our goal is to foster conversation and the exchange of ideas within our community. If you'd like to participate, DM me. 👽
The best “AI” companies don’t use the word “AI” on their website. Their products just offer amazing value and feel like magic to use. It’s that simple.
I’ve got hope watching this - the rent-seeking PBM model is killing Americans. We need competition in the marketplace and patients need regulations that protect their interests.
At last month's House Oversight Committee hearing on PBMs, arguably no congressman stood out more than
@RepAuchincloss
, who clearly has an exceptional grasp on how drug pricing actually works and how PBMs exacerbate affordability problems for plan sponsors and patients. A+
@ColtonOrtolf
The SCRIPT standard is a mess, but it’s not really what that prevents access - you’ve got contracting, drug-db integrations, multiple certifications - a mountain of work to go compete in a commodity market!
Spoke with the venerable
@ottosipe
@photonhealth
today to get an update on their product. Can’t say enough good things about their work Smart people taking on an ambitious problem in a unique way
I am genuinely bearish on most digital health startups, but this is one to watch.
Why would UHG bother to get Change live quickly? They’re likely making millions a day on claims that weren’t submitted. The incentives here look criminal.
@nikillinit
Most orgs use PMs to shield engineers from the armies of MBAs. The real issue is there’s too many disparate S&O / GM / biz-dev / partnerships roles. It’s especially bad at growth the stage. 🌶
“The rise of telemedicine has exposed fundamental gaps in the current prescription network — consumer expectations in e-commerce settings have trickled into healthcare settings” – Michael Rado's take on what we lost in the move to eRx from paper scripts.