Jonathan Bush has three rules he thinks digital health startups should follow as the country prepares for a likely recession. They should ensure their technology accomplishes a task that healthcare stakeholders need fulfilled, be very clear about how they can make more money doing their job than their competitors, and find "people who are unhinged enough" to try their product.
At MedCity INVEST, Alyssa Jaffee, senior associate at Pritzker Group Venture Capital, gave healthcare startups a pointer by putting a twist on the famous line from "Field of Dreams."
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
It's not enough for a healthcare startup to just have cool technology. To get buy-in from investors, entrepreneurs have to showcase some healthcare economics chops, as well as a solid business model and reimbursement plan.
According to a new report, entrepreneurs should be very thoughtful about which venture capitalists they bring on board as competing interests could be in play.
Entrepreneurs and other private-sector innovators will soon, for the first time, have access to voluminous CMS data stores.
Bruce Brandes, managing director at Martin Ventures who serves on the board of advisors at AirStrip and Valence Health, has pulled some valuable insights on ego in healthcare from Freud and George Costanza.
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
Those with the entrepreneurial spirit tend to be extremely ambitious, and the process of building a company from scratch has its thrills. But startup founders, whether in the healthcare industry or otherwise, also encounter a great deal of stress, relentless competition in some cases, and there are always some inevitable disappointments when approaching new territory. […]
Joining a startup operation requires certain traits that aren’t always essential for other jobs. In order to be successful, and maybe move on to creating a separate startup, employees have a couple of essential resume requirements. In the healthcare industry, it’s a little bit more specific, so we pulled out a few applicable ones from […]
When you’re getting ready for an important pitch to investors or there is a time crunch at work and your deadline is around the corner, a cup of coffee should help amp you up, get your head in the game, right? Not necessarily, according to psychologist Brian Little. Not if you’re an introvert. Little shares […]
We’ve pivoted our Lean LaunchPad / I-Corps curriculum. We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. — Over the last three years the Lean LaunchPad class has started to replace the last century’s “how to write a business plan” classes as the foundation for entrepreneurial […]
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
As I mentioned in my last post, HIMSS is always great for people watching and stumbling upon great new concepts and products. A chance encounter with Jason Hwang, founder of PolkaDoc, combined the two. Hwang was kind enough to chat with me about his company, which has created the first birth control app of its […]
This week I’ve been bouncing around entrepreneurship events in Ohio, listening to startup founders and investors talk about the challenges they’re facing in growing startups in Ohio and elsewhere right now. The Series A crunch, a lack of support from local and state governments, and a lack of educational resources all came up as prominent […]
Since 2005 startup accelerators have provided cohorts of startups with mentoring, pitch practice and product focus. However, accelerator Demo Days are a combination of graduation ceremony and pitch contest, with the uncomfortable feel of a swimsuit competition. Other than “I’ll know it when I see it,” there’s no formal way for an investor attending Demo […]
There’s nothing like a great startup story. While I don’t recall talking to anyone this year who was so far down in the startup trenches that he didn’t have a home or a reliable source of food, I do remember hearing (and reading) some fascinating stories about entrepreneurship, creative thinking and perseverance this year. From […]
Have a New Year’s resolution that involves taking up a new skill, expanding your knowledge in a particular subject or finally turning that idea into a startup? This might be a good place to start. Coursera, the massive open online course startup that’s raised $63 million and has more than 5 million students, has several […]