In this US Surgical Series episode, Joe DeVivo, President, CEO, and Chairman at Butterfly Network, joins Omar Khateeb to connect the legacy of Leon Hirsch and US Surgical to the future of handheld ultrasound.Joe shares how the relentless execution culture of US Surgical shaped his leadership philosophy and how that same discipline is driving Butterfly’s mission to democratize imaging. From collapsing ultrasound onto a single semiconductor chip to unlocking point of care diagnostics anywhere in the world, he explains why access to imaging fundamentally changes patient outcomes and clinical decisions.This conversation bridges medtech history and the next wave of scalable, AI powered diagnostics.
Episode Breakdown:
00:00 – Intro: Why this MedTech story matters
02:11 – Joe DeVivo’s background & early career path
05:04 – Lessons from early leadership roles
07:52 – Entering surgical robotics
10:36 – Scaling inside complex healthcare markets
13:18 – What makes surgical platforms powerful
16:02 – Competition in MedTech: Then vs now
18:47 – Building durable advantages in regulated industries
21:31 – The evolution of Intuitive Surgical
24:18 – Capital intensity & long-term thinking
27:02 – Leadership under pressure
29:46 – Managing innovation inside large organizations
32:33 – Distribution, training & surgeon adoption
35:19 – Platform strategy in surgical robotics
38:04 – The economics behind robotic surgery
49:05 – Where robotics is actually headed
51:49 – Building teams in high-stakes environments
54:36 – Product-market fit in healthcare
01:08:20 – What separates great CEOs
01:11:05 – Advice for founders entering healthcare
01:13:50 – The future of surgical robotics
01:16:34 – Personal reflections & career lessons
01:19:18 – Long-term industry outlook
01:22:03 – Rapid-fire insights on leadership & growth
01:24:47 – Final thoughts on building enduring companies
01:27:32 – Closing reflections
01:30:16 – Key takeaways from the conversation
01:37:00 – Outro
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This podcast is for informational and educational purposes only and does not constitute financial, investment, legal, or medical advice. The views and opinions expressed by hosts and guests are their own and do not necessarily reflect those of State of MedTech LLC. Nothing discussed on this podcast should be interpreted as a recommendation to buy, sell, or hold any investment or security. Listeners should conduct their own due diligence and consult with a qualified financial advisor, attorney, or other professional before making any financial or investment decisions
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