Tanay Tandon, CEO of Commure, predicts platform consolidation across healthcare AI will wipe out standalone point solution startups.
Opinion
Tandon: Healthcare is broken because it's run by politicians, not operators
“I would actually say that healthcare's biggest problem today is it is run by politicians. It is not run by ruthless, pragmatic business operators.”
Opinion
Tandon: Epic creates extreme data friction compared to Salesforce
“For all the shit Salesforce gets as a company, if I want to move data from one, you know, place in Salesforce to another place in Salesforce, I can do it with my eyes closed. Like, there's no, I don't have to ask for permission. If I want to do that in Epic, I…”
Opinion
Tandon: AI token costs reduced software margins to service-level margins
“One of the challenges is that these token businesses have essentially turned a lot of software businesses to service level margin, and if you play the game the same way you did two years ago, you can blow up and you can burn a lot of cash in the process”
Prediction Not checkable as stated
Tandon: Healthcare LLMs will improve outcomes enough to lower malpractice premiums
“That yes, occasionally you have, like, weird performance, but on the averages, and like in the 99% of cases, it improves outcomes so much that the malpractice implications are actually very net positive, and I think because of that, you will, you should see a …”
Assertion Contradicted
Tandon: General Catalyst bought Summa Health as it faced impending bankruptcy
“And part of that means going to Akron, Ohio, buying a system that was on track to go bankrupt in, in the next couple of years and transforming it with AI.”
Disclosure
Tandon: Startup acquired blood samples through friends with hospital security guards
“Our residual blood sample partnership with this health system was actually nothing more than Deepika being friends with the security guard and the front desk lady. And so we had accumulated hundreds of samples, and they were, you know, anonymized, and, you kno…”