Bringing Ski Patrol Lessons to Healthtech Entrepreneurship
Three things ski patrol can teach about building a business
Google’s Olympics Misstep and the Real AI Opportunity
While Google showcases AI's ability to mimic human sentimentality, it misses the forest for the trees. The real innovation, the true potential of AI, lies not in replacing human expression but in enhancing human lives, particularly those of our rapidly aging population.
Where Will AI Deployment Benefit Payers the Most?
We are taking a look at how health insurers are using AI, defining success, and managing cybersecurity risks. Give us your opinions by completing our brief, anonymous survey.
Jonathan Bush’s 3 Rules for Digital Health Startups to Follow Amid a Looming Recession
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.
Advice to healthcare startups: “If you build it, they won’t come”
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."
Why investors want healthcare entrepreneurs to develop their business model and economics skills
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.
How do competing interests from venture capitalists negatively affect innovation?
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.
Why Pharma Companies Should Look To Social Media For Better Patient Insight
Healthcare decision-makers, especially at pharmaceutical companies, must prioritize patient input. Data collected from social media listening is a significant step in the right direction.
CMS opens claims database to private innovators
Entrepreneurs and other private-sector innovators will soon, for the first time, have access to voluminous CMS data stores.
Managing the ego in healthcare: When psychoanalysis and Seinfeld provide valuable lessons
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.
A discussion on the results of stress and pressure that come with being an entrepreneur: #StartupDepression
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. […]
How can new startup employees excel?
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 […]
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Closing the Quality-Affordability Gap in Workplace Mental Health
In an interview, Kyan Health Co-Founder and Chief Commercial Officer Konstantin Struck discussed how Kyan gives mid-market and enterprise employers access to premium workforce mental healthcare, at a price point that is affordable.
Introverted entrepreneurs: Don’t drink coffee before you pitch
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 […]
I-Corps @ NIH – Pivoting the Curriculum
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 […]
Connecting the Docs for a Better Birth Control App
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 […]
Entrepreneurs, take the wheel. Building a vibrant startup community is in your hands.
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 […]
Is This Startup Ready for Investment?
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 […]