Afleveringen
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On the latest episode of Concept to Care, Sandy Huang, a seasoned consumer tech product executive, shares insights on joining a health tech company like GoodRx and the skills and insights she brings from her customer-focused product management background. She discusses the challenges of setting the right user experience bar in health tech and the elements of an effective product strategy. Sandy also shares her experiences in identifying target markets, understanding customer needs, and conducting market research. Sandy Huang shares insights on product strategy, execution, and healthcare innovation. She emphasizes the importance of customer obsession, continuous research, and the balance between science and art in product management. Additionally, she highlights the significance of understanding user needs and leveraging core competencies in building product strategies.
Here's a sneak peek into the discussion:
Sandy’s transition from consumer tech to health tech and the unique insights she brings from companies like Amazon and ShutterflyThe importance of setting the right user experience bar in health tech and strategies to find the right balanceKey elements of an effective product strategy, including a well-defined North Star vision and clear, measurable goalsThe necessity of balancing a North Star metric with supporting metrics to ensure holistic successInnovative approaches to identifying target markets and understanding customer needs through cost-effective research methodsStrategies for effective execution and roadmapping of product strategies, with examples from her work at Amazon Visual ShoppingCommunicating strategy effectively using structured documents like Amazon’s six-pagers, tailored for company size and stageBringing a customer-obsessed mindset to GoodRx, addressing friction points, and creating win-win solutions for multiple stakeholdersExciting developments and the need for more research in women's health tech—
Where to find Sandy Huang:
LinkedIn: https://www.linkedin.com/in/sandyhuangproduct/—
Where to find Angela and Omar:
Angela SuthraveLinkedIn: https://www.linkedin.com/in/angela-suthrave/X: https://twitter.com/ASuthraveemail: [email protected] MousaLinkedIn: https://www.linkedin.com/in/omarmousa/X: https://twitter.com/OmarMHealthemail: [email protected]—
Referenced:
GoodRx: https://www.goodrx.com/GoodRx Gold: https://www.goodrx.com/goldProduct Must-Haves versus Nice-to-Haves: https://medium.com/@vishallayog/must-haves-v-s-nice-to-haves-features-937cc1eb7178Product Strategy: https://www.productplan.com/glossary/product-strategy/Amazon Echo Show: https://press.aboutamazon.com/2023/9/amazon-unveils-next-generation-echo-show-8-all-new-echo-hub-and-new-echo-framesJive Collaboration Software: https://www.jivesoftware.com/KPIs & Goal Setting: https://medium.com/@kaustubhkalita_31668/okr-and-kpi-striking-the-right-balance-for-goal-setting-ef8fd39dc06aTypes of user studies: https://www.userinterviews.com/ux-research-field-guide-module/user-research-methodsAmazon’s multi-modal search: https://searchengineland.com/amazon-new-search-functions-mobile-google-431967Amazon 6-pagers: https://www.larksuite.com/en_us/blog/amazon-6-pagerHow Product Discovery saves time and money: https://www.twentyideas.com/blog/how-product-discovery-saves-time-moneyHow GoodRx is a multi-sided marketplace: https://www.summithealth.io/insights/what-could-a-healthcare-marketplace-look-like-goodrx-is-trying-to-show-usProduct Dogfooding in software development: https://userpilot.com/blog/product-dogfooding/Women + digital health: https://rockhealth.com/insights/building-comprehensive-women-digital-health-eight-sectors-serving-women-needs/—
Check out our website: https://www.concepttocare.com
Subscribe to our newsletter: https://concepttocare.substack.com/p/episode-9-sandy-huang
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Today on Concept to Care, we welcome Smita Nair, Chief Product and Technology Officer at Equip, a pioneering health tech company dedicated to treating eating disorders and related conditions such as anxiety, depression, and OCD. Equip offers virtual, family-based treatments accessible to patients of all ages across all 50 states, leveraging a comprehensive approach to ensure broad reach and effectiveness.
In this episode, we'll delve into the crucial role of clinical expertise in developing and scaling digital health solutions. Smita will share strategies for achieving impactful healthcare outcomes, focusing on aligning organizational tasks with broader company goals and the importance of tying every action to key organizational metrics.
We'll explore Smita's approach to product development and strategic roadmapping, including maintaining flexibility in plans while ensuring stakeholder alignment. She'll explain how to balance strategic planning with the need for agility, especially in the dynamic healthcare sector.
Additionally, Smita will discuss building high-performing teams, emphasizing clear role definitions, collective accountability, and fostering psychological safety. She'll offer advice on addressing cultural and operational misalignments with new hires and promoting a culture where feedback is seen as a tool for growth.
Here are all the highlights of our conversation:
Experience and alignment with Equip’s mission and modelImportance of clinical expertise in developing healthcare solutionsAligning organizational tasks with broader company goalsEffective application of OKRs (Objectives and Key Results)Balancing strategic planning with agilityBuilding high-performing teamsClear role definitions and collective accountabilityPromoting a culture where feedback is a tool for growthIntegrating empathy and lean startup methodologies into product development—
Where to find Smita Nair
LinkedIn: https://www.linkedin.com/in/nairsmita/—
Where to find Angela and Omar:
Angela SuthraveLinkedIn: https://www.linkedin.com/in/angela-suthrave/X: https://twitter.com/ASuthraveemail: [email protected] MousaLinkedIn: https://www.linkedin.com/in/omarmousa/X: https://twitter.com/OmarMHealthemail: [email protected]—
Referenced:
Equip’s Company Website: https://equip.health/Equip is hiring: https://equip.health/join-us#jobsEquip was highlighted on Time100 as one of the most influential places to work: https://time.com/collection/time100-companies-2023/6285207/equip/Equip was highlighted by Fast Company as one of the top most innovative companies of 2024: https://www.fastcompany.com/91040027/equip-most-innovative-companies-2024Feedback is a gift, how to give and receive feedback: https://buffer.com/resources/how-to-give-receive-feedback-work/Asana’s guide for creating company wide Objectives and Key Results (OKRs): https://asana.com/resources/setting-okrsPingboard’s — How to set up OKRs across departments: https://pingboard.com/blog/how-to-set-up-consistent-okrs-across-departments-okr-template/Mind The Product’s — How to build high performing product management teams: https://www.mindtheproduct.com/how-do-you-build-a-successful-product-team/A guide for helping candidates evaluate start-ups before they join the company: https://humaninterest.com/learn/articles/33-questions-help-evaluate-startup-job-offer/How to build flexible product roadmaps: https://www.chameleon.io/blog/product-roadmapsSmita’s favorite methodology — Lean Start-up Methodology: https://theleanstartup.com/principlesThe importance of 1 on 1s — a comprehensive guide to 1 on 1 meetings: https://www.small-improvements.com/resources/1-on-1-meetings/—
Check out our website: https://www.concepttocare.com
Subscribe to our newsletter: https://concepttocare.substack.com/p/episode-8-smita-nair
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Zijn er afleveringen die ontbreken?
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Today on Concept to Care, we're joined by Richa Gujarati, the Senior Vice President of Product and GTM Strategy at HeartBeam. HeartBeam is a cardiac technology company that has developed the first and only credit card-sized 3D-vector electrocardiogram platform for home use.
We'll explore the genesis of Richa’s career in product and go-to-market strategy, tracing her journey through renowned organizations such as Johns Hopkins, St. Jude Medical, iRhythm, and Apple Health. You’ll discover the critical role of evidence generation in successfully bringing a healthcare product to market and learn strategies to achieve it.
Richa will delve into the intersection of product development and go-to-market strategy, offering insights on recognizing when these elements are in sync and how to realign your organization if they are not. She will share her expertise on competing with industry giants and maintaining a competitive edge, as well as tips on selling to health systems.
Additionally, Richa will provide her unique perspectives on the evolving role of product management in the health tech industry and advice on becoming a successful product manager in this field.
Here are all the highlights of our conversation:
Richa’s career path in product and go-to-market strategyExperience at Johns Hopkins, St. Jude Medical, iRhythm, and Apple HealthImportance of evidence generation in bringing a healthcare product to marketStrategies for successful evidence generationInsights on the intersection of Product and GTM, recognizing when they are in sync, and realigning the organization when neededStrategies for competing with industry giants in health techTips on selling to health systemsEvolving role of product management in the health tech industryDeep dive into the hardware product manager roleAdvice on becoming a successful product manager in this field—
Where to find Richa Gujarati:
LinkedIn: https://www.linkedin.com/in/richagujarati/
X: https://x.com/richaguj20
email: [email protected]
—
Where to find Angela and Omar:
Angela Suthrave
LinkedIn: https://www.linkedin.com/in/angela-suthrave/
X: https://twitter.com/ASuthrave
email: [email protected]
Omar Mousa
LinkedIn: https://www.linkedin.com/in/omarmousa/
X: https://twitter.com/OmarMHealth
email: [email protected]
—
Referenced:
HeartBeam Company Website:: https://www.heartbeam.com/
HeartBeam press release appointing Richa for SVP of Product and GTM: https://ir.heartbeam.com/news-events/press-releases/detail/58/heartbeam-appoints-richa-gujarati-and-pooja-chatterjee-to
Apple Health Website:: https://www.apple.com/ios/health/
iRhythm Technologies Company Website: https://www.irhythmtech.com/
Press announcement that St. Jude Medical is getting acquired by Abbot: https://www.abbott.com/corpnewsroom/strategy-and-strength/st-jude-medical-is-now-abbott.html
Johns Hopkins Bioengineering Innovation and Design, Master of Science in Engineering: https://e-catalogue.jhu.edu/engineering/full-time-residential-programs/degree-programs/biomedical-engineering/innovation-design-master-science-engineering/
Growth of the Evidence Base for Digital Health is Crucial for the Adoption: https://www.linkedin.com/pulse/growth-evidence-base-digital-health-crucial-adoption-joseph-kvedar/
Understanding the Role of Clinical Champions and Their Impact on Clinician Behavior Change: The Need for Causal Pathway Mechanisms: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10012807/
Richa’s favorite everyday tooling:
monday.com for task management and some roadmapping functionality: https://monday.com/
Miro for flow diagramming and user journey mapping: https://miro.com/
dragonboat.io: for organizing product portfolios: https://dragonboat.io/
Richa’s favorite books:
Blue Ocean Strategy by Chan Kim and Renée Mauborgne: https://www.blueoceanstrategy.com/what-is-blue-ocean-strategy/
The Lean Startup by Eric Ries: https://theleanstartup.com/
If you’re a hardware PM looking to network — direct message Richa on LinkedIn or Twitter
LinkedIn: https://www.linkedin.com/in/richagujarati/
Twitter: https://x.com/richaguj20
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Check out our website: https://www.concepttocare.com
Subscribe to our newsletter: https://concepttocare.substack.com/p/episode-7-richa-gujarati
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Today on Concept to Care, we're joined by Rik Renard.
Rik is the Director of Clinical Strategy at Awell, a low-code platform to design, orchestrate and improve care flows in days, rather than months. He's also the founding force behind CareOps, an initiative from Awell in partnership with the Health Tech Nerds community.
In this insightful conversation, we'll explore Rik's unique journey - from dedicated clinician nurse to health tech operator. We'll dive into how Awell intelligently designs care flows to reduce variability and improve outcomes across the care continuum.
Rik will share candid insights on implementing change in environments resistant to new methods, and how to leverage data to validate whether care flows are achieving the desired results.
Perhaps most exciting, we'll learn firsthand from Rik about the origins of CareOps - the vision behind it and where this movement is headed next.
Here are all the highlights of our conversation:
Rik's transformation from a clinician to a health tech startup operator and essential lessons for navigating a similar journeyA comprehensive exploration of the Awell platform, the market challenges it addresses, and the pivotal role of its low code platform to design, orchestrate, and improve care flows of top-tier care delivery organizationsExploring the intricacies of crafting care flows and the importance of embracing a mindset of perpetual learning and refinement to ensure continual improvement in care delivery practicesBest practices in care flow implementation, with a detailed examination of the essential change management framework necessary for ensuring successful implementationExamining the role of data in care flows, including considerations for design, measuring success over time, and implementing data-driven improvementsA story on the inception of CareOps, its mission, and forthcoming endeavors—
Where to find Rik Renard:
LinkedIn: https://www.linkedin.com/in/rik-renard/X: https://twitter.com/rikrenardemail: [email protected] Website: https://www.careops.org/Awell Website: https://awellhealth.com/—
Where to find Angela and Omar:
Angela SuthraveLinkedIn: https://www.linkedin.com/in/angela-suthrave/X: https://twitter.com/ASuthraveemail: [email protected] MousaLinkedIn: https://www.linkedin.com/in/omarmousa/X: https://twitter.com/OmarMHealthemail: [email protected]—
Referenced:
CareOps: https://www.careops.org/Awell: https://www.awellhealth.com/Awell Developer Hub: https://developers.awellhealth.com/Health Tech Nerds (HTN): https://www.healthtechnerds.com/Hospitalogy: https://hospitalogy.com/Healthcare Huddle: https://www.healthcarehuddle.com/XPrimaryCare: https://www.xprimarycare.com/Clinicians who VC: https://www.linkedin.com/posts/christinafarr_im-starting-a-community-for-clinicians-who-activity-7098361236970471424-Jved/Using this McKinsey Framework (Situation-Complication-Resolution (SCR)) to create sales enablement: https://www.stratechi.com/situation-complication-resolution-scr-framework/#:~:text=McKinsey %26 Company leverages the Situation,business environment and internal dynamicsUsing the OODA Loop to help design care flows: https://thedecisionlab.com/reference-guide/computer-science/the-ooda-loopThe Book of Why: The New Science of Cause and Effect: https://a.co/d/dpGyHhaThe Heart of Change: Real-Life Stories of How People Change Their Organizations: https://a.co/d/1FCUl78Medplum: https://www.medplum.com/Tava Health: https://www.tavahealth.com/People mentionedThomas Casteele, CEO of Awell: https://www.linkedin.com/in/thomasvdc/Blake Madden, Founder and Creator of Hospitality: https://www.linkedin.com/in/blakecmadden/Jared Dashevsky, Resident Physician at Mount Sinai and Co-founder of Healthcare Huddle: https://www.linkedin.com/in/jareddash/Kenneth Qiu, MD: https://www.linkedin.com/in/kenneth-qiu-md/Chrissy Farr, Principal Investor, Health-Tech Lead at Omers Ventures: https://www.linkedin.com/in/christinafarr/Arjun Arun, Senior Director, Data Governance & Management: https://www.linkedin.com/in/arjunrarun/What is the Medicare Shared Savings Program: https://www.cms.gov/medicare/payment/fee-for-service-providers/shared-savings-program-ssp-acos/aboutExample on how to brainstorm with ChatGPT: https://zapier.com/blog/chatgpt-for-brainstorming/—
Check out our website: https://www.concepttocare.com
Subscribe to our newsletter: https://concepttocare.substack.com/p/episode-6-rik-renard
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Concept to Care speaks to Brendan Keeler. He is the Head of Product at Flexpa. Flexpa is a developer friendly infrastructure that connects applications to identified claims data. Flexpa enables effortless sharing of claims data with your application in seconds. They’ve created the fastest, simplest, HIPAA compliant method for accessing identified claims data from anyone.
You’re going to hear about Brendan’s experience at Epic and the role it played in laying the foundation for his healthcare career. Brendan will give us all a master class in interoperability, the types of problems and an in-depth view on the solutions in the market today. He will walk through his EMR selection playbook and share an intimate love letter to a particular EMR vendor. We will dissect Brandan’s brain for how he thinks about tech start up culture and how that manifests within Flexpa. Lastly, we understand the origin story of the Health API Guy and share lots of laughs throughout the episode.
Here are all the highlights of our conversation:
Brendan's odyssey through the realm of healthcare, and how he culminated his mastery of healthcare interoperability
Explaining the interoperability challenge, navigating the technical solutions available, and strategies for evaluating vendors in this landscape
Epic v Particle, an overview of what happened along with a perspective on potential paths forward
To EHR or not to EHR, how should think about build vs. buy, the len’s of your tech enabled organization, and a love letter to a headless EMR partner
Mastering your career journey: Cultivating your personal product “skill tree”, navigating expectations with finesse, and infusing humor into organizational culture.
Deep dive into who is the Health API guy and what’s next for him?
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Where to find Brendan Keeler:
LinkedIn: https://www.linkedin.com/in/brendan-keeler/
X: https://twitter.com/healthapiguy
Substack: https://substack.com/@healthapiguy
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Where to find Angela and Omar:
Angela Suthrave
LinkedIn: https://www.linkedin.com/in/angela-suthrave/
X: https://twitter.com/ASuthrave
email: [email protected]
Omar Mousa
LinkedIn: https://www.linkedin.com/in/omarmousa/
X: https://twitter.com/OmarMHealth
email: [email protected]
—
Referenced:
Flexpa: https://www.flexpa.com/
Flexpa’s Substack: https://flexpa.substack.com/
Brendan Keeler’s Newsletter - Health API Guys Substack: https://healthapiguy.substack.com/
How to identify use cases for interoperability: https://healthapiguy.substack.com/p/how-to-win-friends-and-integrate
Choices for connecting with other systems: https://healthapiguy.substack.com/p/the-only-three-ways-to-integrate
Brendan Keeler’s EMR Playbook: https://healthapiguy.substack.com/p/to-ehr-or-not-to-ehr
Health API Guy’s API Bible: The New Testament - Walkthrough for on-ramp APIs, open-aggregators, and closed-aggregators: https://healthapiguy.substack.com/p/the-api-bibles-new-testament-aggregators
Health API Guy’s API Bible: https://healthapiguy.substack.com/p/the-previously-undiscovered-bible
Epic v. Particle Health - Part 1: https://healthapiguy.substack.com/p/epic-v-particle
Epic v. Particle Health - Part 2: https://healthapiguy.substack.com/p/epic-v-particle-2-the-problem-of
Elion’s Interoperability Guide: https://elion.health/resources/guide-interoperability
Elion’s Headless EHRs: A Primer: https://elion.health/resources/headless-ehrs
Brendan’s Favorite Headless EMR, Medplum: https://www.medplum.com/
Health Tech Nerds is a great resource for crowd sourcing solutions for problems you may have as a PM or Operator: https://www.healthtechnerds.com/
Elion: https://elion.health/
Epic: https://www.epic.com
Particle Health: https://www.particlehealth.com/
Carequality: https://carequality.org/
Redox: https://www.redoxengine.com/
Zus Health: https://zushealth.com/
Canvas: https://www.canvasmedical.com/
Oak Street Health: https://www.oakstreethealth.com/
Press Release for Oracle purchasing goBalto: https://www.oracle.com/corporate/pressrelease/oracle-buys-gobalto-101718.html
Brendan’s pick for user authentication and authorization management (replace Okta and Auth0), Work OS: https://workos.com/
Brendan’s pick for observability tooling, DataDog: https://www.datadoghq.com/
Skill Tree based RPG: Super fun and addicting game from our teenage years - Diablo II Lord of Destruction (2001): https://us.shop.battle.net/en-us/product/diablo-ii-lord-of-destruction
Applying Skill Trees to your own life: https://medium.com/skilluped/the-skill-tree-principle-an-innovative-way-to-grow-your-skills-efficiently-7e6287e0748e
Kim Possible Quote, “Call me, beep me, if you want to reach me”: https://kimpossible.fandom.com/wiki/Call_Me,_Beep_Me
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Concept to Care speaks to Ada Glover. Ada is a Co-Founder and the Chief Product Officer at Zus Health, a patient health data platform designed to help provider organizations drive impact with a comprehensive understanding of their patients and populations. At Zus Health, Ada leads product development and clinical strategy teams. Before the founding of Zus Health, Ada was an Executive Product Director at Athena Health. At athenahealth she was responsible for the revenue cycle, clinical, and value based care products.
In our conversation, we discuss:
Discover Ada's journey transitioning from the field of education tech to health tech, along with her guidance for those contemplating a similar career shift
Delve into the founding story of Zus Health and their overarching product strategy
The customer problem Zus Health set out to solve and the jobs-to-be-done (JTBD) for their customers
Deep dive into Zus Health’s Aggregated Profiles and Zaps
Introduction to healthcare data, their standards, and how Zus Health enables interoperability
Ada’s personal outlook on today’s electronic health record landscape
The sneak peak into the future of Zus Health’s product
Current state of the health tech industry with respect to data limitations, data standards, regulatory/compliance, and technical feasibility
—
Where to find Ada Glover:
LinkedIn: https://www.linkedin.com/in/ada-glover/
email: [email protected]
—
Where to find Angela and Omar:
Angela Suthrave
LinkedIn: https://www.linkedin.com/in/angela-suthrave/
X: https://twitter.com/ASuthrave
email: [email protected]
Omar Mousa
LinkedIn: https://www.linkedin.com/in/omarmousa/
X: https://twitter.com/OmarMHealth
email: [email protected]
—
Referenced:
Zus Health: https://zushealth.com/
Zus Aggregated Profiles: https://zushealth.com/zus-aggregated-profile/
Zus Health & Elation Partnership: https://zushealth.com/elation-health/
Zus Health & Canvas Partnership: https://zushealth.com/canvas/
Zus Health & Healthie Partnership: https://zushealth.com/healthie/
athenahealth: https://www.athenahealth.com/
Jonthan Bush, CEO of Zus Health: https://www.linkedin.com/in/jonathanbushjr/
Commonwell: https://www.commonwellalliance.org/
Carequality: https://carequality.org/
ADT Network - Bamboo Health: https://bamboohealth.com/
ADT Network - Point Click Care: https://pointclickcare.com/
TEFCA: https://www.healthit.gov/topic/interoperability/policy/trusted-exchange-framework-and-common-agreement-tefca
—
Check out our website: https://www.concepttocare.com
Subscribe to our newsletter: https://concepttocare.substack.com/p/episode-4-ada-glover-co-founder-and-cpo
Follow us and Subscribe wherever you get your podcast:
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Concept to Care speaks to Dhruv Vasishtha. Dhruv is a seasoned product expert, actively operates, advises, and angel invests in various health tech startups. Dhruv most recently served as the former Senior Vice President of Product at firsthand, and he now serves as an advisor. Before joining firsthand, he served as the Director of Product at Patient Ping, which was subsequently acquired by Bamboo Health. Dhruv is also the creator and instructor of the Healthcare Product 201 course offered by Out of Pocket.
In our conversation, we discuss:
Dhruv's perspective on the essence of value-based care and the experience of building within this pivotal healthcare domainCharacteristics defining a best-in-class value-based care tech stackStrategies for discerning between build vs. buy solutionsProspects for tech-enabled services to develop proprietary software tailored to specific needs and creating defensibility in the marketExploration of innovation dynamics within Medicaid and the strategies adopted by startups operating within this sphereEssential qualities and competencies of the native health tech product managerTop questions asked by individuals who want to operate in health tech productFrustrations of health tech product managers and product leaders—
Where to find Dhruv Vasishtha:
LinkedIn: https://www.linkedin.com/in/dhruvvasishtha/X: https://twitter.com/dvasishtha—
Where to find Angela and Omar:
Angela SuthraveLinkedIn: https://www.linkedin.com/in/angela-suthrave/X: https://twitter.com/ASuthraveemail: [email protected] MousaLinkedIn: https://www.linkedin.com/in/omarmousa/X: https://twitter.com/OmarMHealthemail: [email protected]—
Referenced:
Dhruv Vasishtha’s & Out of Pocket’s Healthcare Product 201 Course: https://www.outofpocket.health/courses/healthcare-product-201
Native digital health talent - alpha signup form: https://docs.google.com/forms/d/e/1FAIpQLSeKvzZSG833S0dNis4fviBgK70vEDICy7MLBDiBUfP5q2Taww/viewform
firsthand: https://www.firsthandcares.com/
Patient Ping (acquired by Bamboo Health): https://bamboohealth.com/solutions/pings/
Elion: https://elion.health/ - Elion powers better vendor research, from discovery to deep diligence
Health System GenAI Adoption Report – Focus Areas & Open Questions from 20 Health Executives: https://elion.health/resources/health-executive-ai-roundtable
Ianacare: https://ianacare.com/ - Bridging the gap in home-based care —
support, guidance, and resources for patients and caregivers to improve outcomes
Webinar | Today’s Most Overlooked Opportunities as Acute Care Transitions Into the Home: https://ianacare.com/resource-center/webinar-overlooked-opportunities-as-acute-care-into-the-home/
Out-of-Pocket: https://www.outofpocket.health/
Laura Stratte: https://www.linkedin.com/in/laura-stratte-rn-bsn-72b58843/
Laura Stratte’s piece on Time Toxicity in Healthcare: https://www.outofpocket.health/p/time-toxicitiy-a-real-world-example
Elektra Health: https://www.elektrahealth.com/ - Menopause expertise for the 21st-century woman. A first-of-its-kind platform with telemedicine care, evidence-based education, 1:1 support, and a private community.
Yeva: Keep an eye out for this organization’s care giving conference: https://www.linkedin.com/company/yeva/about/
—
Check out our website: https://www.concepttocare.com
Subscribe to our newsletter: https://concepttocare.substack.com/p/episode-3-dhruv-vasishtha-advisor
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Concept to Care speaks to Michael Yang. Michael is the Senior Managing Partner for OMERS Ventures, a $1.5B assets under management venture capital fund that invests in early stage B2B software and early growth tech-enabled services businesses. He is a long time investor in health tech and some of his prior investments include Healthline (acquired by Summit Partners), Talix (acquired by Edifecs), BodyMedia (acquired by Jawbone), PeerWell (acquired by Bardavon) and Accolade (ACCD). He currently sits on the board of Caraway Health, a healthcare provider for GenZ. Prior to OMERS Ventures, Michael was a Managing Director at Comcast Ventures and previously a VP/GM of Yahoo! Health.
This episode was recorded in November of 2023.
In our conversation, we discuss:
A VC’s perspective on the evolution of product and how Michael seen the role of product change over timeAttributes of a product led organization, examples of that in health tech, and the structures of management teams to enable itDefining Product in Tech-Enabled Healthcare ServicesThen vs. Now: The Venture Capital EcosystemConsolidation of healthcare solutions in this macro economic environmentPrevious and current M&A activity in health tech — best possible outcomes with these transactionsHealth tech pivots in today’s economyExits in health tech, common denominators, and who are the buyersStarting a venture backed health tech business todayTypes of talent entering the health tech markets and who is best positioned to winThe next big bet categories in health tech—
Where to find Michael Yang:
LinkedIn: https://www.linkedin.com/in/myang/X: https://twitter.com/yangbness1Crunchbase Profile: https://www.crunchbase.com/person/michael-yang-3—
Where to find Angela and Omar:
Angela SuthraveLinkedIn: https://www.linkedin.com/in/angela-suthrave/X: https://twitter.com/ASuthraveemail: [email protected] MousaLinkedIn: https://www.linkedin.com/in/omarmousa/X: https://twitter.com/OmarMHealthemail: [email protected]—
Referenced:
Michael Yang OMERS Ventures Bio: https://www.omersventures.com/team/michael-yang/OMERS Ventures website: https://www.omersventures.com/Comcast Ventures website: https://comcastventures.com/OV 3.0. The constant state of change: https://www.linkedin.com/pulse/ov-30-constant-state-change-omers-ventures-zcele/Melissa Moore’s The Green Room website: https://sites.google.com/view/thefoundergreenroom/homeChrissy Farr’s Second Opinion: https://ovsecondopinion.substack.com/Dave Wechsler’s Insurtech Rap: https://www.insurtechrap.com/—
Check out our website: https://www.concepttocare.com
Subscribe to our newsletter: https://concepttocare.substack.com/p/episode-2-michael-yang-senior-managing
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Ben Foster, Co-founder and Executive Chairman of Prodify and Co-author of Build What Matters: Delivering Key Outcomes with Vision-Led Product Management. Prodify is a product advisory firm that help early-stage companies find product-market(-pricing) fit, or growth-stage companies scale their product team and processes efficiently, or established companies maintain a comfortable lead through vision-led product management principles.
Ben is also the Former Chief Product Officer of WHOOP. A health tech wearable company that has raised over $400M to date and has a post money valuation of $3.6B. WHOOP is a fitness and health technology company known for its wearable fitness tracker and accompanying mobile app subscription. The WHOOP Strap is a wrist-worn device designed to monitor various aspects of an individual's health and fitness. These wearables are used by millions (including celebrity athletes, including swimmer Michael Phelps, basketball player LeBron James, and golfer Tiger Woods.
In our conversation, we discuss:
How to leverage data generated from wearables in a way to drive consumer engagementWhoops pivot from a B2B product to a B2C productHow did Whoop cross the chasm from early adopters to more mainstream consumersExperiences from being a product manager at Ebay and how to build a marketplace productWhat was it like working with Marty CagenWhat is Prodify and how does Prodify help it’s clientsTop 3 areas in which product management organizations struggleConducting internal audits of of product management organizationsAdvice for product leaders in healthtech or product managers thinking about entering healthtech?—
Where to find Ben Foster:
LinkedIn: https://www.linkedin.com/in/benfoster/Website: https://www.prodify.group/—
Where to find Angela and Omar:
Angela SuthraveLinkedIn: https://www.linkedin.com/in/angela-suthrave/X: https://twitter.com/ASuthraveemail: [email protected] MousaLinkedIn: https://www.linkedin.com/in/omarmousa/X: https://twitter.com/OmarMHealthemail: [email protected]—
Referenced:
Prodify’s website: https://www.prodify.group/Whoop’s website: https://www.whoop.com/us/en/Vision-Led Product Management: https://www.prodify.group/framework/vision-led-product-managementBuild What Matters: Delivering Key Outcomes with Vision-Led Product Management: https://www.amazon.com/Build-What-Matters-Delivering-Vision-Led-ebook/dp/B08GQMCP19/ref=sr_1_1?tag=scribemedia-20&dchild=1&keywords=Ben Foster and Rajesh Nerlikar Build What Matters&qid=1598919535&sr=8-1&geniuslink=trueCrossing the Chasm, 3rd Edition: Marketing and Selling Disruptive Products to Mainstream Customers by Geoffrey A. Moore: https://www.amazon.com/Crossing-Chasm-3rd-Disruptive-Mainstream/dp/0062292986Inspired: How to Create Tech Products Customers Love (Silicon Valley Product Group) by Marty Cagen: https://www.amazon.com/INSPIRED-Create-Tech-Products-Customers/dp/1119387507Empowered: Ordinary People, Extaordinary Products (Silicon Valley Product Group) 1st Edition by Matry Cagen: https://www.amazon.com/EMPOWERED-Ordinary-Extraordinary-Products-Silicon/dp/111969129XEmily Capodilupo: https://www.linkedin.com/in/emily-capodilupo/Kristen Holmes: https://www.linkedin.com/in/kristen-holmes/—
Check out our website: https://www.concepttocare.com
Subscribe to our newsletter: https://open.substack.com/pub/concepttocare/p/episode-1-ben-foster-co-founder-of?r=3c81hw&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
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Welcome to Concept to Care, the podcast where Angela Suthrave and Omar Mousa have conversations with a range of expert guests, including founders, product leaders, health tech operators, and investors to share candid stories of success and failure, dissect strategies, and delve into the nitty-gritty details that offer invaluable advice on navigating the ever-evolving landscape of health tech.
Join us on March 6th, 2024 for our first episode where we talk to Ben Foster, Co-founder and Executive Chairman of Prodify and former Chief Product Officer of Whoop.
www.concepttocare.com
