Most under-20 person healthcare startups fail to cross the scaling chasm
Zach Weinberg · Zach Weinberg, Flatiron Health // Using Data to Cure Cancer // Data Driven NYC (FirstMark Capital) · Feb 18, 2015 · at 14:37
Zach Weinberg, co-founder and President of Flatiron Health, discusses why early-stage healthcare software companies struggle to scale.
0:00 / 0:14exact quote · 14.7s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“There's a hell of a lot of 20 people and under healthcare startups coming out of incubators and whatnot, but most, if you look at the success, and not to, Poo poo startups, but most fail to cross that chasm into, like, a successful healthcare business.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Zach Weinberg
Doctors will not change workflows within a startup's timeframe
“Doctors are not going to change. And at least not in any sort of timeframe that matters for a startup. Maybe, maybe 1015 years.”
Flatiron captures EGFR mutation status in 99% of its dataset
“If you looked for that in a structured field, you'd see it about nine or 10% of the time. In our data set, it's 99%.”
EMRs are built for billing and workflow, not population health
“EMRs, including our own, we're no better, are built for physician workflow and billing. They're not built for population health or informatics or all this”
Machine learning should enhance human experts rather than replace them
“Our take on this is we should be building tools for trained professionals along with a feedback loop to tell them how they're doing. Machine learning and other technologies I think you can apply on top to make those people slightly more efficient.”