 | | Health | July 29, 2016 |
I am going to start doing Q&As with the CEOs at health tech companies as part of the Digest. First up, we have an interview with Procured Health's CEO, Hani Elias. You can check out the Q&A, here.
As always, if you come across news, announcements, videos, or podcasts that you think everyone else would benefit from, e-mail me at scott.munro@startupdigestmail.com or tweet @R_Scott_Munro.
Quote of the Week
"There is a compelling superficial logic to value-based pricing. Why shouldn't manufacturers charge the full value of the products they produce? Why shouldn't consumers have to pay it? That logic begins to fray, however, when you think about how other markets work in our capitalist system." - David Blumenthal, M.D.
"Technology companies have operated with success by "faking it" since the dot com era: Sales and marketing teams sell the dream instead of the reality, and cross their fingers that engineering can catch up in time for the next release. The mentality works for a variety of standard tech industries — consumer electronics, social media platforms and enterprise storage to name a few — but it can be catastrophic in healthcare."
- Scott Munro
| Health Startup Digest is curated by: |  | R. Scott Munro - MBA Candidate at the University of Chicago Booth School of Business Contact R. Scott Munro at scott.munro@startupdigestmail.com | Free Visio Alternative Makes Diagramming Easy  Building complex systems is hard. Visualizing them shouldn't be. Use this diagramming and flowcharting software to map business processes, model databases, design software applications, draw IT networks, visualize sales processes, and manage human resources. Lucidchart is FREE, intuitive, cloud-based, and integrates with all your favorite productivity tools like Google Apps for Work, Office 365, and Slack. Try it now!
Click here to learn more >> | | R. Scott Munro - 1776 This was a piece I wrote for 1776 on the need for clinical trials and evidence in digital health to move past being viewed as "digital snake oil." In my view, by using the traditional life sciences product development playbook, digital health companies can increase their trustworthiness (and ultimately adoption). | | Christina Farr - FastCo Christina Farr has a piece here looking at the lack of funding for some women's health products, and the sexism that can be present within the process for raising money for such businesses. The treatment that the founders of Nuelle got on Sand Hill Road is pretty horrifying, definitely recommend reading the entire story. | | R. Scott Munro - Medium I am going to start highlighting conversations I have with health tech CEOs as part of the Health Tech Digest. The first of these Q&As is an interview with Procured Health's CEO, Hani Elias. It was a great conversation. We covered selling in health care, Procured Health's history, and how he thinks about fundraising. Check it out! | | Robert M. Plenge, MD, PhD - Science Translational Medicine "In this Perspective, [Dr. Plenge] builds on previous studies and provide a framework for integrating four key components to address the decline in R&D productivity: (i) causal human biology, (ii) therapeutic modality, (iii) biomarkers of target modulation, and (iv) clinical PoC studies [...] if all four features are satisfied for a given program, there will likely be an increased probability of success in delivering new and meaningful therapies to patients." | | Lauren Devos, Teresa Wong, Sandra Iyer - Rock Health This is a great Rock Health report on genomics put together on the back of a survey they conducted of 1,000 consumers on the subject. This is an incredibly comprehensive report (as we are used to from Rock Health) that goes into types of business models, partnership types, and opportunities in the space. | | David Blumenthal, M.D. - The Commonwealth Fund Many have argued about the benefits of value-based pricing for life sciences, Dr. Blumenthal brings up an example of penicillin (our dirt cheap antibiotic) and how cheap it is despite being such a life saving therapeutic. Under a purely value-based system, how much would this antibiotic cost? | | Oliver Wyman - Oliver Wyman I thought this would be interesting to highlight as Vanessa Mason's series on innovating for at risk populations. This is a quick look at the roadblocks in innovating for these populations from Oliver Wyman. | | Allison Sundberg - American Heart Association "For the 3rd year in a row, the American Heart Association in Chicago is giving away $25,000 in grant funding to startups with promising technology addressing heart disease, stroke or related chronic conditions. Applications are due August 10. See website for rules and more information. Sponsored by CVS Health." | | Harsha Jagasia - Startup Bootcamp For all Digital Health Startups looking to connect to advisors & investors, here is a great opportunity by Startupbootcamp Digital Health Berlin. We are now accepting applications for our 3-month acceleration program for 2016, which offers to each selected startup €15,000, 6 months free office space in the heart of Berlin, access to exclusive A-list mentors from the Healthcare industry and a Demo day with 400+ investors. Application is Free and open to startups from all countries. Applications open until Aug 31. Apply today. | | | You are receiving this email because you believe that the best startup articles and videos are made by active members of the startup community. Startup Digest, © 2009-2016 by Techstars Central LLC. All rights reserved. Startup Digest is a registered trademark of Techstars Central, LLC. Privacy Policy | Terms of Use. | | |
