The Modern MD

Dr. Gregory Goodman shares some exciting updates with MDUnit, special operation MD teams committed to driving healthcare innovation. 

The ModernMD: Dr. Gregory Goodman

Dr. Gregory Goodman, Founder and Host of The ModernMD, shares MDUnit, a new approach to leveraging MD entrepneurs and innovators, to solve today’s biggest healthcare problems.

Success Quote:

“The only way to win is to learn faster than anyone else” - Eric Ries

White Coat to Business Suit:

How can physicians become entrepreneurs? Listen as Dr. Goodman shares his approach to helping physicians learn entrepreneurship in a similar model to clinical training or residency.

Idea to Venture:

Listen as Greg shares his exciting plans to partner with the best and most promising healthcare start ups and help connect them the most innovative MDs swat teams to help them learn faster, scale quickly, and create impact. 

Special Thanks:

Big thanks to all my listeners - Be innovative and share your thoughts on MDUnit below!

Dr. Gregory Goodman shares his exciting journey launching the podcast, highlights from the first twenty-five shows, and the next big moves at The ModernMD!

The ModernMD: Dr. Gregory Goodman

Dr. Gregory Goodman, Founder and Host of The ModernMD, shares his journey back into clinical, some insights from his first four months of residency, his new success habits, highlights from the shows, and the next big moves at The ModernMD!

Success Quote:

Greg shares his some of his favorite quotes:

Dr. Ron Greeno, Chief Strategy Officer at IPC Healthcare: “And those that were seen dancing were thought to be insane by those who could not hear the music.” – Friedrich Nietzche

Dr. Win Whitcomb, Chief Medical Officer at Remedy: “Eighty percent of success is showing up.” – Woody Allen

Dr. Josh Umbehr, Founder of AtlasMD: “Try not to be come a man of success, but rather man of value.” – Albert Einstein

 

White Coat to Business Suit:

Is there a standard path or blueprint to becoming a successful physican entrepreneur?

Greg shares advise, highlights some commons themes and pathways for a successful transition.

Idea to Venture:

Listen as Dr. Goodman shares his exciting plans to launch an Innovation Fellowship at The ModernMD and his next big moves.

Business Rounds:

Best Advice: What is the best business advice from the show? Listen to Wayne Gretsky - “You miss 100% of the shots you don’t take.”

Best Daily Success Habit: Dr. Anthony Nguyen, MD, MBA is the Chief Medical Officer of Cognizant, morning surfing session.

Dr. Goodman shares his new success habits including meditation, exercise regimen, clinical study habits, and plant power protein shakes!

Special Thanks:

Big thanks to the entire Podcasting Press team for all their efforts helping produce the show!

http://www.podcastingpress.com/

Dr. Nizar Taki shares his entrepreneurial journey starting Chronability, productivity secrets, and his big vision to change time management.

The ModernMD: Dr. Nizar Taki

Dr. Nizar Taki is an Otolaryngology - Head and Neck Surgery resident at Tufts Medical Center and the Chair of the GME Quality Improvement and Patient Safety Committee. He is the Founder and CEO of Chronability, a productivity app for the iPhone and Apple Watch that helps users get the most of their day and seeks to change the way think about time management.

Success Quote:

“It is better to regret something you’ve done, than something you did not do.” - Dr. Taki

White Coat to Business Suit:

Given his limited time as resident and wanting to channel his creative passion and energy, Nizar set out on a path to redefine time and maximize his impact. Listen as Dr. Taki share his journey as full time ENT resident and entrepreneur.

What is your advise to medical student or residents who want to purse an entrepreneurial career? 

Physicians are perfectly positioned to be entrepreneurs with an ability to perform under pressure, having to make tough clinical decisions, and learning to maximize their time given very busy clinical schedules. Learn to maximize your free time and download Chronability!

Idea to Venture:

The Idea: How do you maximize your productivity and make a big impact? Chronability is a productive application for the iPhone and Apple Watch which take a new approach to time management with a focus time freedom not task completion. 

Big Vision: Build an application to change the concept of time that seamlessly integrates with your day, improves your productivity, and allow for you to have a greater impact on the world. 

Failures: Any failure is an opportunity to gain experience and collect data.

Lessons Learned: Choosing the best possible people on your team will increase your chances of success. Build something that fulfills a need.

Business Rounds:

Best Advice: What is the one thing you can’t get back - Time!

Daily Success Habit: Take control of your day before it gets started. Start your day on your own terms and set an intention for the day.

Healthcare Trends:

Patient Safety and Quality Improvement: Communication errors are one of the three biggest causes of medical errors and preventable events. Improving communication will dramatically improve our efficiency.

Technology: Integration of technology into the patient care experience that will improve efficiency, the patient and physician experience, and make the practice of medicine more fun.

Links:

http://chronability.com/

Dr. Win Whitcomb shares his entrepreneurial journey running the nation’s first 24/7 hospitalist program, starting the Society of Hospital Medicine, and his exciting work in bundled payments at Remedy Partners.

The ModernMD: Dr. Win Whitcomb

Win Whitcomb, MD, MHM, is Chief Medical Officer of Remedy Partners, where he oversees all aspects of the clinical enterprise, and the intersection between clinical, technology, and business areas. A practicing hospitalist for the past twenty years, Win has led the development of the hospitalist specialty since 1994, when he assumed leadership of the nation’s first 24/7 on-site hospitalist program. Dr. Whitcomb is cofounder and past president of the Society of Hospital Medicine. Dr. Whitcomb was one of the first three to receive hospital medicine’s most prestigious achievement award, the Master in Hospital Medicine, in April 2010.

Success Quote:

“Eighty percent of success is showing up.” - Woody Allen

White Coat to Business Suit:

Dr. Whitcomb trained in internal medicine and lead the nation's first 24/7 hospitalist program at Mercy Hospital in Springfield MA. Dr. Whitcomb shares his journey starting the Society of Hospital Medicine (SHM), pioneering the field of hospitalist medicine, and his transition to full time entrepreneur.

Idea to Venture:

The Idea: Can bundled payments improve quality care and reduce cost? Bundled payments are an innovative new payment model that includes financial and performance accountability in episodes of care. Listen as Dr. Whitcomb shares his work at Remedy Partners and their big vision to improve the efficiency of healthcare delivery, quality of care, and increase patient satisfaction.

Biggest Lesson Learned: Physician leadership is critical for any healthcare organization to successfully to transition into value based payments. Listen as Wins shares his insights for physicians looking to lead the charge!

Business Rounds:

Best Advice: Fail, Fail fast if you are going to fail, and don’t be afraid to fail. Take chances, and get a little crazy!

Daily Success Habit: Go off the beaten path and read bodies of knowledge related to medicine. The exciting insights and innovations come from connecting these dots at the major intersections.   

Healthcare Trends:

Empathy: At the core of the medical profession, physicians must be able to deeply connect, understand, and empathize with their patients.  By enhancing our empathy, we can improve the patient experience.

Transitional Care: Patient transitions between care setting and venues with limited access to immediate primary care. New payment models and delivery systems are creating a new business case for a transitional care company to create and specialize in outpatient clinics that leverage technology and new care codes to improve transitions of care.

Links:

http://www.remedypartners.com/

http://zatohealth.com/

http://www.hospitalmedicine.org/

Dr. Jean Nehme shares his entrepreneurial journey and big vision for globally changing healthcare and improving patient outcomes.

The ModernMD: Dr. Jean Nehme

Dr. Jean Nehme is the CEO & Co-Founder of Touch Surgery, a mobile surgical simulation App that allows surgeons to learn and rehearse surgical procedures. Touch Surgery’s goal is to improve accessibility to the best surgical education for surgeons and patients via 3D stimulation. Jean trained in Plastics and Reconstructive surgery has an honors degree in Surgical Simulation and Technology from Imperial College London.

Success Quote:

“You are a prisoner of your own beliefs.” - NYC Graffiti

White Coat to Business Suit:

Why can’t medicine and surgery be delivered in a way that is more fun? Why is everyone not the best doctor? Jean went into medicine with the goal of being the best doctor and having fun! During his Plastics & Reconstructive surgery training, he started to think about how to take surgical procedural training, map it out, and simplify the process. Listen as he shares his journey from scrubs to tee-shirt, jeans, and colorful tennis shoes and how he took his passion for gaming and his desire for making medicine fun, and co-founded Touch Surgery.

What is your advice to other physician entrepreneurs transitioning?

You are going to make mistakes, embrace them, question them, and learn from them.

Idea to Venture:

The Idea: Why is there so much variability in medical training and education? Can a mobile medical application improve patient outcomes? Listen as Jean shares the big vision for Touch Surgery to improve accessibility to the best surgical education and improve patient outcomes. 

Failures: Jean shares some his early mistakes starting Touch Surgery including: thinking that he needed to hire an MBA to run the company, listening to advice from so-called experts, and not correctly allocating resources.

Lesson Learned: Admit your mistakes early, and react to them quickly and appropriately.

Business Rounds:

Best Advice: Listen to everyone who has advice for you and learn to be an active listener.

Daily Success Habit: Jean does not have a daily routine, which allows him to think about what he is doing from as many different directions as possible.

Healthcare Trends: Listen as Dr. Nehme shares his excitement for healthcare technology in the areas of Artificial Intelligence, Robotics, and Virtual Reality. 

Links:

https://www.touchsurgery.com/

Dr. Rajiv Kumar shares his entrepreneurial journey starting ShapeUp and his big vision for using social networking wellness programs to drive the health of large populations.

The ModernMD: Dr. Rajiv Kumar

Dr. Rajiv Kumar is the Co-Founder and CEO of ShapeUp, a leading global provider of clinically-proven, social networking-based employee wellness programs. ShapeUp has pioneered an innovative approach to behavior change that uses social networking technology to reduce healthcare costs and improve the health of large populations.

Rajiv is also the Founder and Chairman of ShapeUp RI, a statewide non-profit organization that he established in December 2005 to help Rhode Islanders improve their health. For his work with ShapeUp RI, Dr. Kumar is one of ten Americans who received the Robert Wood Johnson Foundation’s Community Health Leader Award in 2009.

Success Quote:

“You miss 100% of the shots you don’t take.” -Wayne Gretsky

White Coat to Business Suit:

Rajiv is a non-practicing physician who has dedicated his life to healthcare entrepreneurship. As a first year medical student, he became very interested in prevention and started exploring opportunities to help his patients improve their lifestyle behaviors and eat healthier. He was struck by the lack of tools at his disposal and the conventional wisdom that his patient would eventually be treated and managed with medications. Rajiv started to review those patients that were successful in reaching their health and wellness goals and realized many of the success stories were from patients who used social networks to help them succeed. Listen as Dr. Kumar shares his journey starting ShapeUp and how he transitioned from medical student to full time entrepreneur. 

What would be your advice to other medical students interested in entrepreneurship?

Medicine is a hamster wheel - once you get on, it is hard to get off. Medical school is not going anywhere. If you have something you are passionate about, go do it. Learn to hit the pause button in life, take the risk, and go start a company.

Idea to Venture:

The Idea: How can social networks drive behavior change to improve the health of health of large populations? Listen as Dr. Rajiv Kumar shares his big vision for ShapeUp! 

Failures: Rajiv shares war stories with his initial hiring process using Craigslist and initial challenges with their approach to legal council. 

Success: From the initial hiring process, they have developed a sophisticated and robust system using psychometric profiling and reference checking.

Lesson Learned: Get your feet wet and learn from your mistakes with the goal of making more right decisions than wrong decisions. It is important early on to surround yourself with a team of advisors. 

Business Rounds:

Best Advice: Two types of people in this world - energy givers and energy takers. Surround yourself with energy givers and get away from energy takers.

- ShapeUp Chairman of Board

Advice for CEOs: Learn the concept of winning smart, choose your battles, and focus on successfully growing your company with your focus on having the biggest impact on growth.

Daily Success Habit:

Meditation and be more mindful - Meditation drives a lot of positive change in your life. Rajiv uses the Headspace App (https://www.headspace.com/). Check it out and treat your head right!

Exercise - Personal trainer and exercises on a regular basis... Not just because it his business but he believes in it.

Healthcare Trends:

Wellness - Big disrupter in the space is wearable devices that allow for the collection of continuous data. This data can be harvested by employers, health plans, and physicians.

Mobile technology - We can reach people in new ways and have just scratched the surface on what is possible. 

Links:

http://www.shapeup.com/

http://www.shapeupri.org/

Dr. Josh Umbehr shares his entrepreneurial journey, passion for direct primary care, and his plans DPC world domination.

The ModernMD: Dr. Josh Umbehr

Dr. Josh Umbehr is the Founder of AtlasMD, a Direct Primary Care Premiere EMR/Practice Management software. Josh is board certified family medicine physician and owner at AtlasMD, a concierge membership based family practice clinic that offers unlimited services at a flat monthly fee. Dr. Umbehr is a leader in Direct Primary Care (DPC) and recently launched http://iamdirectcare.com/ to help other physicians transition to DPC practices. 

Success Quote:

“Try not to be come a man of success, but rather a man of value.” - Albert Einstein

White Coat to Business Suit:

Josh’s inspiration for a cash only membership practice model was from his experience working with his dad in the trash hauling business. As a high school student, he worked for a top rated plastic surgeon as part of his billing and coding department and quickly realized clinical medicine was just one aspect to running a successful medical practice. Listen as Josh shares his journey transitioning directly from residency to building the AtlasMD dream.

How can you transition directly from residency to building a direct care primary business?

Josh and his partners built the AtlasMD model during the last nine months of residency with capital from moonlighting.  Listens as Josh shares his tips for residents on a successful transition to direct primary care practice!

Idea to Venture:

The Idea: What is the big vision for AtlasMD? Listen as Josh shares his journey starting AtlasMD and his world domination strategy for direct primary care. 

Failures: Fail fast, fail early, fail often and learn from failure.

Success: As an entrepreneur, look for opportunities that no one else sees. 

Lesson Learned: Good artist borrow and great artist steal! In the sport of business watch what other are doing successfully and copy it.

Business Rounds:

Best Advice: Work ethic, be unreasonable, and demand change! “The reasonable man adapts himself to the world: the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” - George Bernard Shaw

Daily Success Habit: Josh empty’s his email everyday and most successful habit is reading.

Healthcare Trends:

Direct Primary Care: Direct Primary Care is hitting its stride with the model being strongly validated and ready for massive scale and expansion. 

Technology: Technology is moving at an exciting speed with wearables, devices, applications will drive large scale healthcare change. 

Links:

https://atlas.md/

http://atlas.md/wichita/

http://iamdirectcare.com/

Dr. Michael Yuz is serial entrepreneur with a fascination for technology, the internet, and medicine. Dr. Yuz shares his entrepreneurial journey, passion for teleradiology and telemedicine, and his big vision of ‘putting a dent in the planet’.

The ModernMD: Dr. Michael Yuz

Dr. Michael Yuz, MD, MBA is the CEO and Founder of USARAD Holding Inc, an advanced teleradiology and telemedicine company. Michael is also the CEO and Founder of SecondOpinions.com, a medical consultation and second opinion platform, providing second opinion services in all areas of medicine including radiology. Dr. Yuz is double boarded in diagnostic radiologist with extensive training and experience in multiple advanced modalities including MRI and Cardiac CT.

Success Quote:

“Hard work and persistence are the secret ingredients to any success story.” - Dr. Yuz

White Coat to Business Suit:

Michael started his entrepreneurial journey with a newspaper route business at the age of 14 which he grew from 20 clients to 1,000 clients in 18 months. During these early years, he learned the value of customer satisfaction, hard work, and persistence. At the end of medical school, he sold the newspaper route business and started two new ventures: domain name trading and real estate. Listen as Michael shares his early business experiences, passion for business, his start in teleradiology and telemedicine.

Idea to Venture:

The Idea: Create a high quality teleradiology company with a focus on sub-subspecialty services, quick turn around times, and a cheaper price point. Listen as Dr. Yuz shares his journey starting USARAD, an on demand teleradiology platform. After a family event, he expanded his vision and built SecondOpinions, a medical consultation and second opinion platform, to offer medical second opinions globally.

Success: Expanded initial teleradiology offering to include additional telemedicine services in multiple specialities.

Lesson Learned: Never underestimate anyone, always give people a chance, and never judge. Listen as Dr. Yuz shares his story running into a billionaire from China.

Business Rounds:

Best Advice: Work hard, be persistent, never give up, ignore the naysayers, and good things will happen.

Daily Success Habit: Michael developed a habit which he calls ‘solid state brain’ which allow him to be productive and alert 24/7!! Listen for more on his ‘superhuman’ habit and how he has trained his brain to work like a hard drive with an on/off switch.

Healthcare Trends: Teleradiology and telemedicine will transform the way medicine is practiced with most of medicine being practiced online. 

Links:

http://usarad.com/

https://www.secondopinions.com/

Dr. Sachin Jain shares his entrepreneurial journey and deep passion for healthcare policy, the business of medicine, and how to improve healthcare.

The ModernMD: Dr. Sachin Jain

Sachin H. Jain, MD, MBA, is Chief Medical Officer at CareMore Health System, an innovative health plan and care delivery system subsidiary of Anthem. Prior to joining CareMore, Dr. Jain was Chief Medical Information and Innovation Officer at Merck & Co, where he developed global partnerships to leverage health data to improve patient health.

From 2009-2011, Dr. Jain pursued government service at the US Department of Health and Human Services, where he was senior advisor to the administrator of the Centers for Medicare and Medicaid Services (CMS) and helped launch the Center for Medicare and Medicaid Innovation (CMMI). He also served as special assistant to the National Coordinator for Health Information Technology at the Office of the National Coordinator for Health Information Technology (ONC), supporting the agency’s implementation of the HITECH Provisions of the Recovery Act and meaningful use.

He is board certified in internal medicine by the American Board of Internal Medicine. He is co-founder and co-editor-in-chief of the Elsevier journal Healthcare: The Journal of Delivery Science and Innovation.

Success Quote:

“Our relationships with people in our lives are sacred.” - Sachin’s life philosophy 

White Coat to Business Suit:

Sachin has always been interested in using his medical training and skills to improve care on a larger level. Listen as Dr. Jain shares the importance of clinical training, how the business of medicine is driving significant healthcare improvement, and his work in healthcare policy.

What is your advice to medical students or resident physicians looking to transitions into the business world?

Always maintain a primary identity as a physician, complete a residency, and continue to see patients. The clinical experiences and insights will truly allow you to improve care.

Idea to Venture:

The Idea: What is the big vision for CareMore? Listen as Dr. Jain shares CareMore’s clinical care model with their highly integrated clinical practices, chronic disease management programs, and approach to inpatient medicine.

Success: CareMore has a culture of innovation and culture for caring for their members. 

Biggest Healthcare Tip: Listen as Sachin describes his biggest healthcare tip...

Business Rounds:

Best Advice: You are never as good as you think you are and you are never as bad as you think you are. Learn to have a steadiness in your approach and realize that everything is a marathon. 

Daily Success Habits: Sachin keeps a running list of his commitments and uses writing as a mode of reflection. 

Healthcare Trends:

Sachin shares three healthcare care trends that are driving healthcare transformation. Below are some highlights.

Common definition: We have common definitions of the healthcare problems that allow us to focus on solutions. 

Policy: Improvements in our policy infrastructure have enabled new technology, payments models, and move to value based care.   

Talent: New and better talent entering the healthcare system with an excitement and passion for healthcare transformation.

Links:

http://www.caremore.com/

http://www.journals.elsevier.com/healthcare-the-journal-of-delivery-science-and-innovation/

Dr. Julien Pham shares his entrepreneurial journey and passion for bringing specialist knowledge to patient care in a simple and convenient way.

The ModernMD: Dr. Julien Pham

Dr. Julien Pham, MD, MPH, is the Founder and Chief Medical Officer at RubiconMD. Prior to joining RubiconMD full-time, he was on the faculty at Brigham and Women’s Hospital and Harvard Medical School. Julien is the founder of RHINNO (Rapid Health Innovation), the first-of-its-kind internal digital health innovation lab at Brigham & Women's Hospital. Dr. Pham is board certified in internal medicine and nephrology.

Success Quote:

“You are only as important as the impact you have on others.” - Julian Pham

White Coat to Business Suit:

Dr. Pham pursed a traditional academic medicine track with focus on translational research.  After facing a major obstacle with grant funding, he started down a new path to pursue his passion in entrepreneurship and hack medicine. Listen as Julien shares how he brought the spirt of hacking to the academic medical center and his journey from academic medicine to full-time physician entrepreneur.

Idea to Venture:

The Idea: How can you connect primary care physicians with specialist in the most efficient way? Listen as Dr. Pham shares the journey of RubiconMD and their big vision of democratizing medical expertise. 

Failures: Challenges with hiring the right talent given the risk and sacrifice required in an early stage start up.

Success: Built a strong team of doers. 

Lesson Learned: Entrepreneurship is about the journey and experience.

Business Rounds:

Best Advice: Be passionate about an idea and really go for it!

Daily Success Habit: Julien shares his early morning routine which includes responding to emails, staying up to date on current events, and managing the RubiconMD physician network. He also shares his productively ninja tips with online tools and technology to improve his efficiency.   

Healthcare Trends:

Accountable Care: Healthcare is shifting to accountable care with a focus on improving efficiency, reducing cost, and better understanding a population.

Data: Focus on data transfer and interoperability with data being used to help manage populations and Accountable Care Organizations.

Links:

https://rubiconmd.com/

http://rhinno.partners.org/

http://www.jlpham.com/