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Innovation Rising, Presented by Healthbox

Innovation Rising, presented by Healthbox, examines the intersection of innovation and healthcare from a variety of viewpoints featuring interviews with the leaders who are moving our industry forward. The podcast is arranged in 3-episode series around a specific topic in healthcare or innovation. In each of the 3 episodes, we interview a hospital or health system using this innovation, an investor who has invested in this sector and their thoughts on why and the future of the sector, and finally an interview with a founder of a solution in this space, respectively.
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Innovation Rising, Presented by Healthbox
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Jun 27, 2018

This week’s bonus interview welcomes Lee Shapiro of 7Wire Ventures to the podcast. Lee is Managing Partner at 7wire Ventures, an investment firm he co-founded over a decade ago. The fund’s focus is on building companies that empower connected informed health consumers to improved outcomes, facilitating the change from sick-care to wellcare.  He is active with the 7wire portfolio and the boards of Livongo Health, Ayogo Health, Carebox, Zest Health, ConsejoSano, Modern Teacher and Education Funding Partners. He also serves on the boards of Medidata Solutions [NASDAQ:MDSO], Tivity Health [NASDAQ:TVTY], and Aptus Health (a Merck subsidiary [NYSE:MRK]).

 As President of Allscripts [NASDAQ:MDRX] from 2001 through 2012, his leadership was central to over $4B in mergers, acquisitions and financings. He oversaw the company's strategy, international operations, business development and partnerships, health plan initiatives and entrepreneurial business investments.

He is a member of The World Innovation Network Board (TWIN, formerly known as Northwestern Kellogg KIN), the University of Chicago Innovation Fund Advisory Committee, The Samsung Strategic Advisory Board, The Qualcomm Life Advisory Council and the advisory board for the Center of Digital Innovation in Digital Health in Beer-Sheva, Israel.

Lee is a member of the National Board of Directors of The American Heart Association and has served as an officer and director of the Gastro-Intestinal Research.

Also joining this episode was special guest, and Healthbox President, Neil Patel.

In this Episode, Chuck, Neil, and Lee discuss:

  • Lee’s early career, how he became President of AllScripts and some of the biggest lessons he learned at Allscripts
  • How Lee realized and arrived at the investment thesis for 7Wire Ventures?
  • Lee’s vision in creating, essentially, a 2-sided market, with startups on one side and 7wire’s strategic LPs on the other, which includes such names as  Horizon Blue Cross Blue Shield, Memorial Hermann, and Rush University Medical Center, to name a few.
  • With such a diverse set of strategic LPs, Lee’s philosophy on how to engage them in the investment process and in portfolio support
  • Lee’s thoughts around innovation in Chronic care management and if, due to the recent emergence of advanced IOT and AI, we are on the cusp of seeing some major changes in this area
  • What gave Lee the conviction early on to invest in a crowded disease management space, having participated in many of Livongo’s early funding rounds
  • Lee’s approach to looking for and identifying new innovative healthcare business models and how the firm proactively looks to foster these types of models
  • What Lee thinks is special about having his firm based here in the Midwest

Connect with Healthbox

Connect with Lee:

Jun 20, 2018

This week’s episode welcomes Erik Pupo, managing director in the Accenture Health Client Service Group, for the final part in our series around Blockchain Innovation in Healthcare. Erik is Accenture’s Healthcare Blockchain lead for North America, where he leads sales and implementation efforts with Accenture’s payer, provider, and life science customers on how to use blockchain technology to improve efficiencies within their businesses.

Erik has worked for over 20 years in healthcare, including senior positions in federal, state, and commercial healthcare programs and initiatives, and served in key leadership roles within the healthcare community. A speaker and thought-leader on trends influencing the healthcare industry, Eric holds leadership advisory positions within the American Health Information Management Association, the Healthcare Information and Management Systems Society, where he also became a fellow in 2012, and the Healthcare Financial Management Association. Previously, he worked at Deloitte where he led several health IT initiatives for the Office of the National Coordinator for Health IT, the Department of Defense, and the Department of Veteran Affairs (VA).

 

In this Episode, Chuck and Erik cover:

  • Erik’s background and how he became interested in the blockchain
  • Erik’s team and his role inside Accenture and the types of projects and thought leadership they produce
  • How one “builds a blockchain”
  • Who can actually touch or use the blockchain in a practical sense
  • If different blockchains are interoperable with one another or can they be adjusted to be
  • Blockchain innovation in the pharmaceutical industry
  • How the blockchain can be used to help underserved populations and rural communities
  • Erik’s advice to entrepreneurs building  technology in the Blockchain space and to healthcare organizations who want to implement Blockchain technology

Connect with Erik:

Connect with Healthbox

  • Follow us on Twitter and @ChuckFeerick
  • Subscribe and leave a review on Apple Podcasts
  • Have guest suggestions or topic ideas for the podcast? Send them to us at ideas@healthbox.com

Listen to this episode on Apple PodcastsSoundCloud, or Libsyn

Apr 18, 2018

Our guest today, Adrian James, joins the podcast to talk about innovation in the chronic care management space for the second episode in our series on this topic. Adrian is Co-Founder and President of Omada Health, a digital behavioral medicine company using behavior science to help people change their habits, improve their health, and reduce their risk of chronic disease.

 

Prior to co-founding Omada Health, Adrian led the medical products division of IDEO’s health practice where he focused on business development and client relationships, ranging from industry startups to Fortune 500 healthcare companies. Adrian also holds a BS and MS in Mechanical Engineering from Stanford University.

 

In this episode, Chuck and Adrian discuss:

 

  • Adrian’s background, career at IDEO, and what led him to start Omada Health
  • How the Omada Health platform works and how the company approaches taking a process that was typically done in person and delivering it digitally, while ensuring compliance and success
  • The types of outcomes Omada has been able to achieve to date
  • The importance of users on the Omada platform to be part of the communities within the platform and the importance of interpersonal touchpoints
  • How Omada takes a user-centered design approach to make the product “sticky” and to keep people coming back to it
  • What it was like raising the first money for the company and what was going on in the early stages of development
  • How Omada plans to deploy the $50M recently raised in the company’s Series C round
  • Adrian talks about Omada’s recently launched randomized trial of digital diabetes care in partnership with the University of Nebraska Medical Center to further gauge the efficacy of its program, which aims to keep those at risk for diabetes from developing the disease
    • "The PREDICTS trial is the next step in that evolution—it will track a range of healthcare and other outcomes, while establishing the highest level of clinical evidence for the effectiveness of a digitally-delivered intensive behavioral counseling program."
  • Adrian’s advice to early entrepreneurs trying to innovate in the digital health space and what he thinks are key things to strive for or be on the lookout for

Connect with Adrian:

Connect with Omada Health:

Connect with Healthbox

Apr 4, 2018

Our guest today, Anand Parikh, General Counsel and Head of Business Development at Virta Health, joins the podcast for the first part in our series on Innovation in Chronic Disease Management. Anand began his career as Senate Fellow for the California State Senate and a clerk for the United States District Court. He then practiced at Morrison & Foerster LLP before joining Virta in 2015 as the company’s Chief of Staff, and 5th employee, and moving into his current role in 2016.

Virta is a treatment that safely and sustainably reverses type 2 diabetes without medications or surgery. Virta achieves this through innovations in nutritional biochemistry, data science, and digital tools combined with clinical expertise to shift the diabetes treatment paradigm from management to reversal. The company’s mission is to reverse type 2 diabetes in 100 million people by 2025 and they have some exciting clinical evidence and proven patient results to support that goal.

In this episode, we cover:

  • Anand's background and his career and what led him to Virta
  • The evidence that existed behind what Virta was trying to achieve when he joined the company
  • The story of how the company came to be, how it was founded, and where  the original business model came from
  • Anand’s main responsibilities as General Counsel and Head of Business Development
  • How the Virta Health model works from a diet and coaching perspective
  • How Virta's technology platform has evolved over time
  • How Virta leverages the data collected to iterate on the platform
  • How Virta has taken something like diabetes treatment, which is inherently a high-touch and personal, and added a technology layer while ensuring not only patient buy-in but compliance
  • The uses of behavioral economics Virta Health employs to drive patient change
  • Anand tells us about the exciting results of Virta Health’s recent 1 Year Clinical trial
  • The main goals of Virta’s recent fundraise

Connect with Anand:

Connect with Virta

Connect with Healthbox

  • Follow us on Twitter
  • Subscribe and leave a review in iTunes
  • Have guest suggestions or topic ideas for the podcast? Send them to us at ideas@healthbox.com
  • Listen to this episode on iTunes, SoundCloud, or Libsyn
Jan 18, 2018

Happy new year from the Healthbox and the Podcast team! We are working hard on some great new series coming up in 2018 but before releasing those, we sat down with Healthbox President Neil Patel to hear about what he’s seeing in the healthcare innovation space and what he is predicting for 2018.

In this episode, Chuck and Neil cover:

  • New podcasts series that will be coming early this year, including
    • Non-emergent medical transportation
    • The use of the Blockchain in healthcare
    • Innovation in Chronic care disease management
  • A discussion around innovation and regulation from a government standpoint, including the FDA’s 2018 roadmap, which includes:
    • Four strategic policy areas: addiction crises, innovation, consumer empowerment and the FDA workforce
      • Reduce the burden of addiction crises that are threatening American families
      • Leverage innovation and competition to improve healthcare, broaden access, and advance public health goals
      • Empower consumers to make better and more informed decisions about their diets and health; and expand the opportunities to use nutrition to reduce morbidity and mortality from disease
      • Strengthen FDA’s scientific workforce and its tools for efficient risk management
  • What Neil is most excited about for healthcare innovation in 2018

Connect with Healthbox:

  • Follow us on Twitter and @ChuckFeerick
  • Subscribe and leave a review on Apple Podcasts
  • Have guest suggestions or topic ideas for the podcast? Send them to us at ideas@healthbox.com

Listen to this episode on Apple Podcasts, SoundCloud, or Libsyn

Dec 13, 2017

This week’s episode is a special bonus episode recorded live at the 2017 Healthbox Fall Forum with three fantastic guests. The theme of the Fall Forum was Innovating Behavioral Change in Healthcare and each of our guests reflected on their biggest takeaways of the Forum and what they can do at their organizations with the knowledge they gained.

Featured in this episode are:

 

  • Desert Horse-Grant, Senior Director, Research and Innovation at UCLA Health

 

 

  • Alec Zopf, CTO of Wellth

 

 

 

Nov 15, 2017

Our guest today, Elad Benjamin, joins the podcast from Israel for the second episode in our series on innovation and the use of AI in healthcare. Elad is CEO and Co-Founder of Zebra Medical Vision and is a veteran Healthcare IT executive with over 20 years of experience in software and medical devices, in both startups and Fortune 500 companies. He has held senior roles in Healthcare IT companies, including playing key roles in taking companies public on the NASDAQ as well as managing complex global businesses implementing solutions in medical providers worldwide. Elad holds a BsC from Tel Aviv University and earned his MBA from the Stanford Graduate School of Business.

In 2014, Elad co-founded Zebra Medical Vision, an automated medical imaging diagnostic engine featuring a vast database and using machine learning to create diagnostic insights that will help physicians be more effective in treating their patients. To date, Zebra Medical Vision has raised over $20 million in venture funding from top tier firms including Khosla ventures, SalesForce co-founder Marc Benihoff, and Intermountain Healthcare.

 

In this episode, Chuck and Elad discuss:

  • Elad’s background and how he initially got into healthcare and healthcare technology
  • Where the idea for Zebra Medical Vision came from
  • The biggest lessons Elad has learned from running his first company to now being at the helm of Zebra Medical
  • How Zebra Medical ensures the AI within the platform only learns from the best data and gets smarter over time while staying uncorrupted
  • How fast Elad believes the use of AI is moving in healthcare and how far he thinks we are from something truly industry/world changing
  • How Elad earned investments from some of the world’s most well known venture capital firms
  • The importance of the makeup of the Zebra Medical Board and what Elad  looks for from a board member with such a technical business

Connect with Elad:

Connect with Zebra Medical Vision:

Connect with Healthbox

Nov 1, 2017

Our guest today, Kevin Freedman, joins me to talk about innovation and the use of AI in healthcare. Kevin is founder of NextPhase Partners, a firm providing independent support and guidance to entrepreneurs as they guide their companies through their next phases of growth. Prior to NextPhase, Kevin was an operating partner at Khosla Ventures and has more than 15 years of operating experience with leadership roles in both consumer and enterprise technology companies.

Before joining Khosla Ventures, Kevin was the CEO of Quid, a leading SaaS business intelligence platform, which Fortune 500 companies from Intel and McKinsey to Samsung and Barclays, among others, utilize to better understand the web’s unstructured data. Prior to Quid, he was an early executive at Slide, and took on the role of CFO where he built out the company’s business functions as they scaled to 150 million monthly users and ultimately drove the acquisition by Google.

Earlier in his career, Kevin held a variety of senior operating roles at eBay and PayPal, with his initial success in Silicon Valley beginning with Half.com, which was acquired by eBay in 2000.

In this episode, Chuck and Kevin discuss:

  • Kevin’s background, and the path that led him into the world of startups and venture capital
  • What are the roles and responsibilities of an “operating partner”
  • How the investment in Zebra Medical Vision came to be and what got Kevin interested in taking a board seat
  • The impact that Kevin thinks AI will play in Healthcare moving forward

Connect with Kevin

Connect with Healthbox

  • Follow us on Twitter and @ChuckFeerick
  • Subscribe and leave a review on Apple Podcasts
  • Have guest suggestions or topic ideas for the podcast? Send them to us at ideas@healthbox.com

Listen to this episode on Apple PodcastsSoundCloud, or Libsyn

Dec 1, 2016

On this week’s episode of Innovation Rising, we sat down with Jeremy Porter, Director of Business Development at Intermountain Healthcare to discuss what Internal Health System Innovation looks like for his organization, Intermountain Healthcare, based in Salt Lake City, with multiple locations across the state of Utah. Jeremy and his team look to leverage existing assets, patents, technology, and business models to support Intermountain's core mission and values while identifying additional revenue opportunities.

Innovation and Growth at Intermountain Healthcare supports the ideation, creation, and adoption of new solutions that will improve quality and service while making care more affordable. Intermountain harness internal creativity and external disruption to continually improve outcomes, longevity, and overall wellbeing. One of the avenues supporting employee innovation is the Intermountain Foundry. Launched in 2014 in partnership with Healthbox, the Foundry is a part-time program providing resources and guidance to vet the business aspects of employee ideas that could either benefit Intermountain internally or have additional commercialization potential outside of the system.

In this episode we discuss:

  • How innovation became a priority at Intermountain Healthcare
  • The characteristics of Intermountain Healthcare as a system that make it conducive to innovation
  • The various innovation programs at Intermountain
  • The specific needs that Intermountain was seeking to fulfill through the development of the Foundry Program
  • How Intermountain uses internal mentors to help the Foundry Participants
  • How Intermountain's entrepreneurs have benefited from the mentoring process
  • If Jeremy was to establish a dream program for innovation at Intermountain, without staffing or capital constraints, what are some things he would like to try?
  • What other health systems Jeremy admires as leaders in healthcare innovation and why he feels this way
  • Which digital health startups Jeremy is particularly impressed with
  • What is exciting Jeremy most about healthcare innovation right now

Connect with Jeremy:

Learn more about Intermountain Health

Links mentioned in the show:

Connect with Healthbox

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