
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.
Aneesh offers a thoughtful and comprehensive analysis and vision of the innovation and entrepreneurship opportunities throughout the healthcare system. Fascinating conversation.
I first spoke with Dan a decade ago. This conversation offers insights on his scaling strategy with Modernizing Medicine.
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.
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.
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.
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.
With Medidata CEO Tarek Sherif, we look at the entrepreneurial journey of this wonderful company.
Terrific conversation with Bret Larsen, CEO of eVisit, on the future of Telemedicine.
Simplifeye Founder CEO Ryan Hungate talks about the retail healthcare space in this interview.
During this podcast interview, we learn about a great Bootstrapping Using Services case study in the Digital Health space.
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
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.
Julien Pham is Founder and Managing Director at Third Culture Capital (3CC), a firm focused on investing in the healthcare space.
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.
Pamela York, Founding General Partner at CAPITA3, investment focus is on women entrepreneurs in healthcare.
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.
Wonderful story of cutting edge application of AI in cancer treatment.
We love pioneering entrepreneurs. Sylvana is working on upgrading the healthcare system in Bangladesh. Wonderful, inspiring story!
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!
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.
Brandon Newman, CEO of Xevant, talks about unlocking savings related to expensive versus affordable drugs.
There’s an acute nurse shortage in the United States. SnapNurse works in IT-enabled provisioning and payment.
Interoperability is a hairy issue within healthcare. Drew Ivan, Chief Product & Strategy Officer at Lyniate, addresses it eloquently.
Chris Sullens, CEO of CentralReach, talks about a set of vertical solutions in the autism care space. Fascinating conversation!
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.
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.
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!
BUDDI.AI is taking an AI-driven approach to healthcare coding and billing.
Guillermo Diaz, CEO of Kloudspot, takes us through IoT use cases in workplace safety in the changing post-Covid world.
During this podcast interview, Ben Forgan, CEO of Hologram, discusses IoT connectivity and use cases.
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.
First, you will hear my answer to the question, "Do you have a healthcare startup idea?" As external resources, I'm sharing more conversations with more thought leaders in healthcare IT:
Gautam Sivakumar, CEO of Medisas
David Wenger, CEO of Bridge Connector
David Weingard, CEO of Cecelia Health
Eric Rosow, CEO of Diameter Health
Matt Johnson, CEO of EarlySense
Bronwyn Spira, CEO of Therapeutics
Chini Krishnan, CEO of GetInsured
Lauren Patrick, CEO of Healthmonix
David Coppins, CEO of IntelyCare
David Shelton, CEO of PatientMatters
Michele Perry, CEO of Relatient
Pranam Ben, CEO of The Garage
Please pick your favorite case studies from the course and run them through a validation and positioning exercise. Use the 1Mby1M Self-Assessment questionnaire and try to answer each question in it.
Here are examples of some pitches that took place during one of our free and online mentoring roundtable programs. You will find a pitch template under Resources. Once you are ready, come pitch your business idea at an upcoming 1Mby1M Roundtable.
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.