Posts tagged Healthcare
Junto Profile: Lyra Health

According to the World Health Organization, 1 in 4 people will experience a mental or neurological disorder in their life.

Additionally, mental health-related issues prevail as the leading cause of poor health and disability across the globe, impacting more than 450 million people. Clearly, there is an imminent need for widespread mental health services- across the globe. This need introduces an opportunity for the digital health world to design technologies for mental health and therapies.

Many people do not realize how difficult it is to find the right mental health professional. In her piece “How to Find the Right Therapist”, New York Times author Marissa Miller explains that seeking out a therapist is like “dating”, and that a fabulous therapist for one individual is not effective match for another individual. Miller recounts her process of asking for recommendations from friends, only to find that her friend’s recommendations did not suit her needs. Miller explains that it took her three years to find the correct mental health professional for herself.

What if technology could be used to increase the speed and efficacy of therapist matching to help people like Miller? Lyra Health does just that. Headquartered in Burlingame, California, Lyra Health uses a digital match-making process to match individuals to the right kind of treatment, and the correct professional for their specific needs. We spoke with Amelia Gilbert, Director of Partnerships at Lyra Health, to understand how Lyra is using technology to increase the efficacy of mental health care.

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Patient Protection in the Era of the Doctorpreneur

The term “doctorpreneur” has been coined by the media to refer to the ambitious group of doctors who are disrupting the healthcare industry with innovation solutions to pervasive problems. Over the years, the medical community has earned its place in the startup world, proving that it’s not just computer scientists and engineers who can innovate in the 21st century. In the past 20 years, the number of joint MD-MBA programs in the United States has grown from just 6 programs to more than 70. Even those without an MBA degree are finding the allure of the business and tech world intriguing and have sidelined their professional medical practices to pursue healthcare business ventures.

The concept of having doctors design health tech solutions for fellow clinicians makes perfect sense on many levels. No one has better insight into the needs of clinicians and patients than medical professionals themselves, as they are the individuals who regularly experience the challenges these solutions seek to overcome. The perspective that doctors hold in regards to the inner workings of the healthcare system is one which even an experienced business professional is unlikely to ever gain.

While the success of the physician-founded startup is promising, it also introduces new challenges to patient protection. This new frontier introduces greater complexity to questions surrounding physicians involvement with business endeavors, and specifically, how doctors balance corporate financial and advisory roles alongside their role as unbiased care providers.

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Junto Profile: Henry Health

In the United States, 1 in 5 adults have a mental health condition, but 56% of these individuals are not currently receiving appropriate treatment. African Americans have been seen to be 20% more likely than Caucasian Americans to report experiencing significant psychological distress, however they use mental health services at only ½ the rate of their white counterparts.

Henry Health was founded in 2017 and has set the goal of adding 10 years to the life expectancy of black men within the next 25 years through mental health awareness, treatment, and destigmatization. Filled with ambition, drive, and passion, the Henry Health team stands out as a health technology company that is aiming to improve the lives of at-risk individuals and potentially help turn the tide on startling downward trends in life expectancy rates and health outcomes seen amongst African Americans throughout the country. 

We recently interviewed their founder, Kevin Dedner, so we could hear more about the work that Henry Health is doing and their newly launched telehealth platform.

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Junto Views From The Summit: Part 2

Dr. Swiernik and Haddad have been working together on integrating digital solutions into Kaiser Permanente’s network. At the Summit, they spoke about the three big lessons they learned to avoid future failures in the healthcare business and 4 key questions to ask yourself on the road to organizational improvement.

Dr. Swiernik and Haddad defined failures as “ideas in action that do not work. They may teach you something, but they will not get you closer to your goal.” Their thesis: failure is a natural part of experimentation, and while it is important to learn from failure, you should strive to fail less over time in order to remain close to your overall goals.

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Junto Profile: Neopenda

Very few digital health companies decide to develop products for low-income and low-resource settings. Founders Teresa Cauvel and Sona Shah decided to step up to this challenge with the development of their company Neopenda that is focused on designing a wearable device  to monitor infant's vital signs in developing countries. 

Originally starting their product development at Columbia University in 2015, Tesesa and Sona soon joined the Relevant Health Accelerator in Rockville, Maryland and began building a name for themselves, Today, their company has been featured by the likes of Forbes, Deloitte, Global Citizen, and Cisco. We caught up with Teresa to learn more about what led to Neopenda's founding and where the company hopes to be heading by the end of this year.

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Junto Profile: Athletik Health

Recently, we caught up with serial founder Jean-Luc Neptune who is out to change the sports medicine landscape with his new business Athletik Health. With countless years of experience managing startups and a background in medicine, JL sees the opportunity for a reinvention of the sports medicine landscape. Over the past few years we have all watched the rise of boutique fitness programs like Soul Cycle and a new class of ultra marathons and races. What has been missing however is a similar reinvention of the care provided for everyday individuals who are pushing their bodies to the extreme through these new exercise fads.

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Junto Profile: Dianne Auger & the Ascension Health Network

Those who actually manage and work within health systems are the ones who actually see the complete picture of the health tech revolution. They also are reading about these flashy new products, but unlike us they are also privy to the inner workings and struggles that getting a product successfully integrated into a health system requires. Revolutionizing our health system is not as easy as buying a bunch of product licenses and then handing out applications to patients, but actually involves a considerable amount of thought, training, IT integration, and program roll-out.One provider system that recently went through this experience is St. Vincent's Medical Center in Bridgeport, Connecticut.

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Why A Silicon Valley Approach Can't Work for Health Tech

Imagine if I told you that there was a pool of close to 600,000 individuals in New York City who were ripe for innovative health technology integration. You probably wouldn’t believe me and say that it sounded too good to be true. This said pool does in fact exist and can be found concentrated within the city’s public housing.

While entrepreneurs, governmental leaders, and healthcare officials constantly speak of innovation and disruption, there seems to be a major disconnect between these words and actual creativity. This large, untapped pool of individuals who fall under the New York City Housing Authority’s (NYCHA) umbrella is one example of the lack of creative and truly disruptive practices I see in today’s early stage ecosystem.

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Junto Profile: Northeast Business Group on Health

Countless individuals in the U.S. are fortunate to receive healthcare via their employers. There is no magical, one-size fits all program though for employers to provide for their employees. Instead, employers often shop around the private market seeking the right fit for their company. This leads to the weighing of a myriad of offerings against one another while leaders attempt to choose the best fit to create a complete healthcare experience for their employees.

Employers are increasingly realizing however that they do not need to travel down this road alone. The Northeast Business Group on Health (NEBGH) is an organization that is helping unite employers together to discuss plan coverage, and the actual needs of their employees, in hopes of improving the quality of healthcare for many Americans.

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