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Keywords: Value-Based Care, Healthcare Innovation, Payers, Providers, Stakeholders, Technology, Patient Outcomes, Healthcare Metrics, Investment Opportunities, HealthTech
Summary In this conversation, we discuss building companies in the value-based care ecosystem with physician entrepreneur and executive Dr. Sandeep Palakodeti. We touch on aligning stakeholder incentives and important metrics for early sales and adoption, as well as long sales cycle strategies for founders, emerging trends in patient populations, the current landscape of successful VBC solutions, and what the future holds.
03:22 Aligning Incentives: Strategies from CareMore
08:49 Measuring Outcomes: Payer Perspectives on Metrics
11:53 Patient Engagement: Incentives for Value-Based Care Adoption
13:11 Startups in Healthcare: KPIs and Value Propositions
14:51 Sales Cycles: Providers vs. Payers
18:43 Process vs. Outcome Metrics: Understanding Their Impact 19:53 Understanding Process vs. Outcome Measures
20:28 Strategies for Early Stage Startups 21:36 The Role of Actuaries in VBC Startups
22:22 Importance of Clinical Perspectives in Healthcare Startups 32:11Investment Opportunities in VBC
Summary: In this conversation with physician entrepreneur Dr. Shika Pappoe, we discuss subspecialty care solutions in VBC based on her experience as regional medical officer at CareMore and employee number 5 at Strive. We discuss the metrics involved in building subspecialty care solutions and strategies that worked well in both incumbent payvider settings and early-stage startups.
Chapters
00:00Value-Based Care in Subspecialty Settings
04:38 Comorbidities and Cost Drivers in Kidney Care
06:41 Designing Effective Care Models
08:17 Training Physicians for Value-Based Care
10:10 Managing Liability in Integrated Care
12:27 Addressing Physician Burnout in Care Coordination
14:57 Strive's Approach to Value-Based Care
17:11 Strive's Business Model and Revenue Drivers
20:49 Engaging Stakeholders Early in Product Development
24:49 Curiosity-Driven Engagement with Leaders
25:59 Building a Care Model: The Iteration Cycle
27:53 Challenges in Product Launch and Adoption
29:54 Opportunities in the EMR Space
32:05 Aligning Incentives Across Stakeholders
32:51 Navigating Fundraising: Series A to B
34:04 Innovations in Kidney Disease Testing
37:07 Global Perspectives on Healthcare Solutions
In this conversation, we discuss building Medicine 3.0 solutions in the current health tech landscape with Dr. Sandeep Palakodeti, physician entrepreneur, executive, and investor. He shares his personal journey, the importance of individualized care, and the challenges of scaling integrated medicine in a cash-pay environment. The discussion also touches on regulatory challenges, the need for consumer protection, and the future of longevity medicine.
Takeaways
The healthcare system is primarily focused on treating diseases rather than preventing them.
Personal experiences with family health issues motivated Sandeep to pursue integrated medicine.
Individual patient goals significantly shape their treatment plans.
The core four pillars of health are sleep, diet, exercise, and mental health.
Most integrated medicine practices operate on a cash pay model.
Employers may play a crucial role in funding integrated medicine for their employees.
There is a need for consumer protection in the integrated medicine space.
Emerging technologies may democratize access to integrated medicine.
A4M and other organizations are working to provide reliable information in the longevity space.
Chapters
00:00 Introduction to Rebel Health and Integrated Medicine
05:08 Personal Journey and Motivation in Medicine 3.0
12:32 The Business of Integrated Medicine
18:39 Scalability and Accessibility of Medicine 3.0
24:56 Regulatory Challenges and Consumer Protection
32:10 Navigating the Integrated Medicine Landscape
If you would like to hear more conversations with founders and funders in health tech, please subscribe to LOUD Lift's Health tech Roundtable, a production of LOUD Capital.
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Conversations with Founders and Funders on all things Health-Tech.