Investor Insights: Building Transformative Companies in Healthcare with Lee Shapiro, Managing Partner at 7WireVentures

Healthcare supply chains faced vulnerabilities exposed by COVID-19, prompting a need for digital optimization. In this episode, Dr. Pearce McCarty, a seasoned orthopedic surgeon and co-founder of DOCSI, explains how the company’s digital tools optimize surgical supply chains and enhance operational efficiency in healthcare settings. He emphasizes how the platform engages with physicians by leveraging machine learning algorithms to identify opportunities for improvement as well as the importance of addressing supply chain vulnerabilities, especially in the wake of the COVID-19 pandemic. The DOCSI platform ingests utilization data, cost data, and case volumes to create individualized dashboards for surgeons, who can then make informed decisions to reduce clinical variation and enhance cost-effectiveness. Dr. McCarty emphasizes the potential for collaboration with medical device companies to drive contract compliance and product development, highlighting the importance of engaging physicians in decision-making to bend the cost curve of healthcare, while underscoring the need to create a culture of fiscal stewardship and improve healthcare efficiency. Tune in and learn how DOCSI is revolutionizing healthcare supply chains for a more affordable and accessible future! Resources:  Watch the entire interview here.  Connect and follow Pearce McCarty on LinkedIn. Discover more about DOCSI on their LinkedIn and website.

Generative AI has the potential to revolutionize healthcare by empowering patients and clinicians with knowledge and expertise. In this episode, Saul Marquez welcomes Dr. Robert Pearl, the former CEO of Kaiser Permanente, known for his extensive experience and leadership in the medical field, to discuss his latest book, "ChatGPT, MD: How AI-Empowered Patients and Doctors Can Take Back Control of American Medicine." Dr. Pearl shares insights into the inspiration behind his book, driven by the need for transformative change in healthcare, and explores the evolution of generative AI, distinguishing it from other forms of artificial intelligence. Through compelling examples and thoughtful analysis, he delves into the practical applications of generative AI in healthcare delivery and emphasizes the importance of leadership in navigating the challenges and opportunities presented by AI in healthcare. Addressing concerns around privacy, security, and job displacement, Dr. Pearl also advocates for proactive engagement and collaboration to harness the full potential of this technology. Tune in and learn how generative AI can shape the future of medicine for the better! Resources:  Interviews and Podcasts: Watch the entire interview here. Listen to Dr. Pearl’s previous interview on our podcast here. Browse Dr. Pearl’s Fixing Healthcare podcast episodes here. Learn more about Dr. Pearl’s podcast, Medicine: The Truth, here. Social Media and Website: Connect and follow Dr. Pearl on LinkedIn and Twitter. Discover more about Dr. Pearl on his Website. Subscribe to Dr. Pearl’s newsletter here. Read Dr. Pearl’s articles on Forbes here. Books: Dr. Pearl’s newest book, ChatGPT, MD, here. Dr. Pearl’s book, Mistreated, here. Dr. Pearl’s book, Uncaring, here.

Leveraging digital solutions can revolutionize musculoskeletal care, enhancing patient outcomes and improving accessibility. In this episode, Donovan Campbell, CEO of MedBridge, explains how his team is focused on revolutionizing musculoskeletal care through innovative digital solutions. MedBridge underwent a gradual evolution from providing educational software for therapists to their current focus on expanding access to high-quality MSK care through their pathways platform. Throughout this conversation, Donovan delves into MedBridge's approach of integrating digital care seamlessly into existing clinical ecosystems, enabling both synchronous and asynchronous care delivery. He also highlights the importance of addressing the growing demand for musculoskeletal care and emphasizes the need for healthcare systems to proactively strategize and create additional capacity to meet this demand effectively. Tune in and learn how innovative digital platforms like MedBridge are transforming healthcare delivery, improving outcomes, and enhancing patient experiences! Resources:  Watch the entire interview here.  Follow and connect with Donovan Campbell on LinkedIn. Learn more about MedBridge on their LinkedIn and website.

AI's potential to revolutionize healthcare requires a focus on responsible and trustworthy implementation. In this episode, Dr. David Rhew from Microsoft, along with Marcella Dalrymple and Dr. Michael Pencina from Duke Health, discuss the collaboration between Microsoft and Duke Health to explore the transformative potential of artificial intelligence (AI) in healthcare. Dr. Rhew emphasizes the importance of responsible and trustworthy AI, acknowledging its limitations and the need for operationalizing key principles. Dr. Pencina outlines four principles for trustworthy AI: prioritizing the human person, defining AI use cases, anticipating consequences, and establishing governance. Marcella Dalrymple, with her community perspective, highlights the necessity of addressing public uncertainty and mistrust regarding AI development. The partnership aims to form a Center of Excellence for trustworthy AI, focusing on collaborative efforts to align with ethical values and engage the community bidirectionally. The guests stress the importance of a robust governance system, automation for efficiency, and continuous monitoring to ensure AI's intended impact. Tune in and learn how this collaboration strives to revolutionize healthcare responsibly through AI! Resources: Connect with and follow David Rhew on LinkedIn. Follow Microsoft on LinkedIn and visit their website. Connect with and follow Marcella Dalrymple on LinkedIn. Connect with and follow Michael Pencina on LinkedIn. Follow Duke Health AI on LinkedIn and visit their website.

It’s essential for healthcare frontline managers to have the knowledge, skills, and resources that they need to address workplace bullying and incivility. In this episode at AONL, Saul Marquez sits down with Renee Thompson, CEO and founder of the Healthy Workforce Institute, who shares her journey from being a nurse to founding the institute, driven by her desire to combat workplace bullying and incivility in healthcare. She emphasizes the crucial role of frontline managers in addressing these issues and highlights the institute's focus on providing them with the necessary knowledge and resources. Renee and Saul discuss how this theme resonated throughout the AONL conference, reinforcing the importance of equipping frontline managers to foster a positive work culture. She also talks about the various ways people can access the institute's resources, including podcasts, webinars, products, and services, all available on their website and through social media. Tune in and learn how to create a positive workplace culture where everyone feels respected and valued! Resources:  Watch the entire interview here.  Follow and connect with Renee Thompson on LinkedIn. Learn more about the Healthy Workforce Institute on their LinkedIn and website. Listen to the Coffee Break: Breaking the Cycle of Bullying in Healthcare - One Cup at a Time podcast here.

Leadership means leading yourself and others through continuous self-improvement and intuition. In this episode, Dr. Brooke Griffin shares her journey from feeling stuck in her academic role to discovering her passion for coaching and consulting. She explains the distinctions between coaching and mentoring, highlights the importance of a thought partner in career development, discusses her work helping pharmacists navigate career transitions, and shares innovative strategies for reducing stress and increasing motivation through group coaching programs. Tune in to hear about the evolving opportunities for pharmacists, the importance of self-discovery, and how embracing individuality can lead to professional success. Resources: Connect with and follow Dr. Brooke Griffin on LinkedIn. Learn more about the Bold Idea Group on their website. Listen to the Today’s Bold Idea podcast here.

How can patient portals be optimized for better communication between dental and medical providers? In this episode, Lee Shapiro explores how integrating patient portals can enhance care coordination and reduce inefficiencies in healthcare systems. He also highlights the business potential in creating interoperability layers to connect dentistry and medicine, stressing the importance of considering social determinants of health and fostering cross-sector collaboration to address patient needs more effectively. Join this episode to uncover the challenges, opportunities, and future of integrated healthcare.  Resources: Connect with and follow Lee Shapiro on LinkedIn. Visit the 7wireVentures LinkedIn and website! Watch the entire episode on YouTube and get more details at Think Oral Health. Get to know more about all the companies that were mentioned during the episode: Livongo, Allscripts, American Heart Association, Hash House Harriers, Enterprise Systems, NOCD, Parsley Health, Transcarent, myStrength, Epic, Cerner (Oracle Health), Dentrix,  and Forward Medical.

Did you know that patient motivation is enhanced when they can visualize their heart health? In this episode at ACC.24, Dr. Udo Hoffmann, Chief Scientific Officer at Cleerly Health, shares his passion for pioneering cardiovascular imaging and AI technology at Cleerly. He delves into the importance of addressing coronary artery disease and highlights how Cleerly's groundbreaking AI technology is reducing CT analysis time from hours to minutes, an approach that has earned FDA recognition and is poised to make a significant impact in healthcare. Dr. Hoffman discusses a randomized study comparing risk factor-based care to coronary artery disease-based care, aiming to revolutionize patient management. He also touches on the potential of AI to motivate patients towards proactive healthcare.  Tune in and learn how Cleerly Health is transforming cardiovascular care with cutting-edge AI technology! Resources:  Watch the entire interview here. Follow and connect with Udo Hoffmann on LinkedIn. Learn more about Cleerly on their LinkedIn and website. Discover more about Cleerly’s prevention trial methods here.  Watch Cleerly’s webinar series about transforming cardiac care here.

Access to healthcare means bringing the system to the patient overcoming the existing barriers. In this episode, David White, co-founder and CEO of IHDLab, discusses his company's mission to improve accessibility to fertility services and at-home testing. IHDLab focuses on bringing diagnostic testing directly to consumers, particularly in fertility care, offering tests like the AMH test to assess ovarian reserve. David shares his thoughts on the role of diagnostic testing in empowering patients, the impact of PCOS on fertility, and how early diagnosis and treatment improve fertility outcomes. He also reflects on the importance of diversification in response to market shifts and identifies AI and wearables as key trends shaping the future of healthcare.  Tune in and learn how IHDLab is revolutionizing healthcare accessibility and empowering patients on their fertility journey! Resources:  Watch the entire interview here.  Follow and connect with David White on LinkedIn. Learn more about IHDLab on their LinkedIn and website. Email David directly here.

Data integration and AI play crucial roles in predicting and managing treatment resistance in diseases like cancer. In this episode, Jeff Elton, CEO of ConcertAI, discusses his team’s focus on oncology and its role in accelerating medical research and improving patient care. He highlights the importance of data integration and AI in understanding diseases like cancer, particularly in predicting and managing treatment resistance. Jeff explains how ConcertAI's technology enables real-time analysis of patient data, aiding in clinical decision-making and trial matching, and delves into setbacks faced in developing AI models, emphasizing the need for transparent and reliable algorithms in healthcare. He also underscores the evolving nature of the workforce in the age of AI, where high-skilled individuals will be essential for leveraging advanced technologies effectively. Tune in and learn how ConcertAI is shaping the future of healthcare with AI-driven solutions! Resources:  Watch the entire interview here.  Follow and connect with Jeff Elton on LinkedIn. Learn more about ConcertAI on their LinkedIn and website. Browse ConcertAI’s blog here.  Learn more about ConcertAI’s podcast here.