How to Build Digital Health Startups with Sramana Mitra
- Description
- Curriculum
- FAQ
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The 1Mby1M Methodology is based on case studies. In this course, Sramana Mitra shares the tribal knowledge of tech entrepreneurs by giving students the rare seat at the table with the entrepreneurs, investors and thought leaders who provide the most instructive perspectives on how to build a thriving business. Through these conversations, students gain access to case studies exploring the alleys of entrepreneurship. Sramana’s synthesis of key learnings and incisive analysis add great depth to each discussion.
I’m going to speak from the point of view that each one of you would like to start a Digital Health venture of your own.
So what do you need to do to do that?
First thing to remember: you need to learn the methodology of how to build a startup. In other courses, I’ve offered you various building blocks of how to bootstrap a company, how to raise money, how investors think, etc. Please be sure to absorb all those pieces as foundational material.
In this course, we’re going to look at case studies of how entrepreneurs have built successful Digital Health ventures.
We will also look at Thought Leadership case studies of the different types of Digital Health ventures entrepreneurs are building out there. This should stimulate your thinking on what are the possibilities. Thought leaders also point out areas to investigate as open problems.
A bit of my own bias on the automation versus human debate.
If you think about what a doctor needs to do to diagnose an illness, she needs to consider all the symptoms, take into account all the test results, consider all the treatment options, factor in all the side-effects of various medications and their interplay with other medications the patient is already taking. This is, effectively, a multi-variate optimization problem that a doctor has to do in her head. And, she needs to keep up with all the new research and advances in medical science, and factor those in as well. The field of medicine is full of incorrect diagnosis and mistreatment of illnesses. Now, if you replace this whole process with software, medical diagnosis becomes a truly scientific, deterministic process. I can tell you, if I have the option of being diagnosed by software versus a human doctor, I would always prefer software. It will be far more accurate.
If the medical profession can be automated to that extent, billions of people can have access to quality medical care. Today, this number is relatively low.
Entrepreneurs have a tremendous opportunity ahead. Let’s dive in.
The 1Mby1M courses are all heavily based on interview-based case studies on Innovation, Business Models, Go To Market Strategies, Validation Principles, and various other nuances of an entrepreneur’s journey. We offer extensive opportunities for entrepreneurs to learn the lessons from the trenches from successful entrepreneurs who have done it before and Investors who support their ambition.
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Introduction -
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How to Build Digital Health Startups
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Building a Healthcare AI Venture to $20M: Deepak Gaddipati, VirtuSense
Deepak Gaddipati, Founder of VirtuSense, has built a capital efficient fall-detection company from Peoria, Illinois with a backend engineering team in Rawalpindi, Pakistan. It’s an impressive entrepreneurial journey with a mission-driven company that is making a real impact in the lives of seniors with fall risk.
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CareJourney CEO and President Obama's CTO Aneesh Chopra
Aneesh offers a thoughtful and comprehensive analysis and vision of the innovation and entrepreneurship opportunities throughout the healthcare system. Fascinating conversation.
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Bootstrapping A Healthcare IT Unicorn With A Paycheck
Girish Navani, CEO of eClinicalWorks, has bootstrapped a billion dollar Unicorn with a paycheck. Girish didn’t quit his job for two years, while he tested and validated his original product and customer base. He now has built a $300 million revenue company that is still 100% bootstrapped, private, and has no desire to sell out or go for an IPO.
In addition to this interview, I'm also sharing the transcripts of our previous conversations in 2010 and 2014 so you can follow his progress.
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Capital Efficient Entrepreneurship with Heidi Jannenga, WebPT
Heidi Jannenga, Co-founder of WebPT, is yet another scrappy entrepreneur who managed to bootstrap to over $1M ARR and THEN raised the first million in angel funding.
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Addressing High Health Insurance Deductibles with Jeff Grobaski, Epic River
Jeff Grobaski, Founder CEO of Epic River, talks about an important piece of innovation that has the potential to relieve the financial pain of many consumers who suffer under the weight of high health insurance deductibles.
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Healthcare IT with Medidata CEO Tarek Sherif
The clinical data domain is going through major changes and is full of opportunities. This discussion delves into the industry with one of its biggest players.
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Taking a Digital Health Company Public with Tarek Sherif, Medidata
With Medidata CEO Tarek Sherif, we look at the entrepreneurial journey of this wonderful company.
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Discussing Telemedicine with Bret Larsen, CEO of eVisit
Terrific conversation with Bret Larsen, CEO of eVisit, on the future of Telemedicine.
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Retail Healthcare with Simplifeye Founder CEO Ryan Hungate
Simplifeye Founder CEO Ryan Hungate talks about the retail healthcare space in this interview.
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Bootstrapping Using Services with Avelead CEO Jawad Shaikh
During this podcast interview, we learn about a great Bootstrapping Using Services case study in the Digital Health space.
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More Case Studies of Digital Health Startups
Here are more case studies of digital health startups for you to learn from:
A Late Bloomer on Building a Legitimate Unicorn: Veeva Systems CEO Peter Gassner
Critical Innovation In Healthcare Claims Processing: athenahealth CEO Jonathan Bush
Bootstrapping a Healthcare IT Company to $100M: Edifecs Founder Sunny Singh
Disinfecting Hospitals, Impacting Healthcare: Morris Miller, CEO of Xenex
Streamlining Hospitals: Omnicell CEO Randy Lipps
Healthcare Supply Chain Management: Medassets CEO John Bardis
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Spotlight on Longevity Startup Opportunities with Sergey Jakimov, LongeVC
Sergey Jakimov is Co-founder and Partner at LongeVC, a firm focused on the Longevity space. We discuss trends and opportunities in this sector full of whitespace waiting for the entrepreneur’s magic touch.
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Spotlight on Healthcare Investing with Julien Pham, Third Culture Capital
Julien Pham is Founder and Managing Director at Third Culture Capital (3CC), a firm focused on investing in the healthcare space.
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Catalyst Health Ventures’ Darshana Zaveri Focuses On Medical Devices
Darshana Zaveri, Managing Partner at Catalyst Health Ventures, discusses the firm’s medical device focused investment thesis, including the nuances of epidemiologic diagnostics that are currently immensely relevant.
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Health Startups Founded and Led by Women with Pamela York, CAPITA3
Pamela York, Founding General Partner at CAPITA3, investment focus is on women entrepreneurs in healthcare.
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Digital Health Startups with Julien Nguyen, IT Farm
Julien Nguyen is General Partner at IT Farm, a seed-stage fund focused on Digital Health. We explore trends in the industry, as well as what IT Farm’s sixth fund likes to invest in.
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Thought Leader in AI: Imprimed CEO Sungwon Lim
Wonderful story of cutting edge application of AI in cancer treatment.
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Thought Leader in HealthcareIT: Praava Health CEO Sylvana Sinha, Bangladesh
We love pioneering entrepreneurs. Sylvana is working on upgrading the healthcare system in Bangladesh. Wonderful, inspiring story!
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Thought Leader Pumas.ai CEO Joga Gobburu
Big Data Analytics and Machine Learning techniques are starting to achieve dramatic impact on drug discovery and precision medicine. Pumas.ai is a bootstrapped venture at the cutting edge of the field. I learned much from this conversation. You will too!
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Open Opportunities in Healthcare IT with Raj Toleti, HealthGrid
HealthGrid CEO Raj Toleti has built and sold three HIT companies and is a real expert in the domain. Excellent discussion on the state of the union in the field and open opportunities that need entrepreneurial problem solving.
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Expensive Versus Affordable Drugs with Brandon Newman, Xevant
Brandon Newman, CEO of Xevant, talks about unlocking savings related to expensive versus affordable drugs.
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Thought Leader in Healthcare IT: Jeff Richards, COO of SnapNurse
There’s an acute nurse shortage in the United States. SnapNurse works in IT-enabled provisioning and payment.
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Thought Leader in Healthcare IT: Drew Ivan, CPO/CSO at Lyniate
Interoperability is a hairy issue within healthcare. Drew Ivan, Chief Product & Strategy Officer at Lyniate, addresses it eloquently.
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Vertical Solutions in the Autism Care Space with Chris Sullens, CentralReach
Chris Sullens, CEO of CentralReach, talks about a set of vertical solutions in the autism care space. Fascinating conversation!
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Thought Leader in Healthcare IT: Kristen Valdes, CEO of b.well Connected Health
Kristen Valdes, CEO of b.well Connected Health, founded the company when her daughter couldn’t get swift diagnosis due to lack of interoperability across various health records. Today, her company addresses the interoperability problem in digital health categorically and strategically.
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Building a Healthcare AI Venture to $20M: Deepak Gaddipati, VirtuSense Founder
Deepak Gaddipati, Founder of VirtuSense, has built a capital efficient fall-detection company from Peoria, Illinois with a backend engineering team in Rawalpindi, Pakistan. It’s an impressive entrepreneurial journey with a mission-driven company that is making real impact in the lives of seniors with fall risk.
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Thought Leader in Artificial Intelligence: David Talby, CTO of John Snow Labs
A terrific conversation about NLP and domain specific taxonomy building within the healthcare and pharmaceutical industry. 50% of the customers are ISVs building on top of their platform!
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Thought Leader in Artificial Intelligence: Ram Swaminathan, BUDDI.AI
BUDDI.AI is taking an AI-driven approach to healthcare coding and billing.
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Thought Leader in Internet of Things: Guillermo Diaz, Kloudspot
Guillermo Diaz, CEO of Kloudspot, takes us through IoT use cases in workplace safety in the changing post-Covid world.
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Thought Leader in Internet of Things: Ben Forgan, Hologram
During this podcast interview, Ben Forgan, CEO of Hologram, discusses IoT connectivity and use cases.
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Thought Leaders in Internet of Things: Sridhar Iyengar, CEO of Elemental Machine
Sridhar Iyengar is CEO at Elemental Machines. We observed the movement of system administrators becoming DevOps engineers. Sridhar is leading an effort of moving lab administrators becoming LabOps engineers with the help of cutting-edge technology like IoT.
