“Episode 74: What Healthcare Organizations Need To Succeed with Dave Chase of Healthfundr and Cascadia Capital”
by Stacey Richter

Listen to the MP3 file directly by clicking here.

Dave ChaseChase was named one of the most influential people in Digital Health due to his entrepreneurial success & writing along with luminaries such as Eric Topol, Patrick Soon-Shiong, & Vinod Khosla. He speaks to & consults with new ventures inside of established companies & high growth startups. Chase is widely published. The book Chase co-authored won the healthcare Book of the Year in in 2014.

Chase has a penchant for making connections between previously disconnected trends and making them understandable and actionable. Chase is in the development stage of a documentary that seeks to make the indecipherable understandable and demonstrate that there is reason for great optimism that a partnership between doc-entrepreneurs and forward-looking clinicians with individuals (fka “patients”) can dramatically out-perform against Quadruple Aim* objectives compared to traditional healthcare orgs.

*The Quadruple Aim is the Triple Aim (improved outcomes & patient experience with lower costs) plus the overlooked 4th Aim — clinician satisfaction critical to improving the current condition where an alarming number of clinicians are overburdened & burnt-out which negatively impacts their lives as well as the individuals they care for.

Chase was the CEO & Co-founder of Avado, which was acquired by and integrated ino WebMD and the most widely used healthcare professional site – Medscape.

Before Avado, Chase spent several years outside of healthcare in startups as founder or consulting roles with LiveRez.com, MarketLeader, & WhatCounts. He also played founding & leadership roles in launching two new $1B+ businesses within Microsoft.

Chase is a father, husband & oxygen-fueled mt sport athlete. His 2014 team placed 3rd in their division & 24th overall (out of 500 teams) in America’s oldest adventure race where Dave took on the Nordic ski leg. Dave was a former PAC-10 800 Meter competitor.

00:00 What Dave’s been doing for the last six months.
02:00 “Where’s the most value I can add to Healthcare?”
03:00 “If you ask ‘Why’ five times often you will get to the root of the problem.”
06:00 Guiding principles for building business and innovation in healthcare.
07:20 How those in healthcare will utilize these guidelines to facilitate transformation in healthcare and healthcare delivery.
08:50 “Contemplating the universe from the ground up.”
09:10 How Dave went from theory to real-world in implementing his guidelines for the healthcare industry.
12:00 Dave explains what it means for Healthfundr to be focused on the ‘institutional seed’.
12:45 The Internet Trends Report by Mary Meeker.
15:00 Dave discusses what he thinks separates the “winners and losers” of health startups.
15:20 “Healthcare is where tech startups go to die.”
17:30 “Don’t throw technology on top of a broken process.”
19:20 Dave discusses the flaws with current pay transparency practices and trends.
22:00 Dave’s advice for creating convincing, innovative go-to-market strategies.
26:00 Picking your customers early as a startup.
31:00 Alternative healthcare business models.
34:00 “What people want at the end of life is not all of these aggressive interventions, what they want is to be warm, dry, pain-free and with loved ones.”
35:50 You can find out more at cascadiacapital.com and healthfundr.com, or google Health Rosetta and 95 Theses.

Please subscribe if you enjoyed the episode, also consider leaving a rating and review on any of the online players so we can continue to improve our offerings. Thank you for your help.

Click here to subscribe via iTunes   Click here to subscribe via Google Play   Click here to subscribe via Stitcher