Yoo: A 1% cost optimization in health plans unlocks hundreds of millions
Julie Yoo · Grand Challenges in Healthcare AI with Vijay Pande and Julie Yoo · Jun 28, 2024 · at 36:16
Julie Yoo, General Partner at a16z Bio + Health, describes full-stack AI-native health plans as a dream startup concept due to the immense scale of health plan financial flows.
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“Where a one percent impact on the cost structure of a health plan or the way that you underwrite risk in a certain health plan could literally mean hundreds of millions of dollars of either cost savings or better economics to the providers who are part of those networks. So that, to me, kind of this notion of a full stack AI native health plan that takes full risk on populations and exploits all of these data sets that we're talking about.”
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