Todd Johnson, CEO of HealthLoop, discusses HealthLoop's business strategy and monetization model with Nathan Latka.
0:00 / 0:33exact quote · 33.4s
720p mp4 · rendered on demand · StarZero watermark
“As a business, we've decided that we don't think the right The strategy is to monetize this through patients. While I think there's precedent for it, there's other companies that do, we sort of believe every patient deserves this. Physicians and their teams benefit by having improved quality, greater patient satisfaction, greater reputation in the community, and increasingly there are strong economic incentives, many of which were sort of spurred by the Affordable Care Act and also sort of the unaffordability of commercial insurance. To make doctors accountable. That is the business lane we've chosen.”
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 Todd Johnson
Insight
Johnson: Meaningful patient participation requires channeling trust through their doctor
“We believe that in order to earn and retain the trust of a patient that's sick and going through one of these episodes, you have to channel their doctor. That's the relationship of trust in healthcare. And if you can tie into that, you actually get the level o…”
Todd JohnsonAug 4, 2017▶ 8:25741: Exited for $15m, Now Tackling Healthcare Patient Doctor Relationships
Disclosure
Johnson: HealthLoop ARR is close to $4 million
“The physician practices are on a on an older sort of subscription model, so the ARR is closer to four million dollars a year.”
Todd JohnsonAug 4, 2017▶ 11:11741: Exited for $15m, Now Tackling Healthcare Patient Doctor Relationships
Disclosure
Todd Johnson: Salar had a $15M bootstrapped exit without venture capital
“We sold that company to the nation's second largest medical transcription firm in for how much? Yeah, it was a fifteen million dollar exit. That was a company that had no venture capital.”
Todd JohnsonAug 4, 2017▶ 2:58741: Exited for $15m, Now Tackling Healthcare Patient Doctor Relationships
Disclosure
Johnson: HealthLoop typical first-year ACV is $120K to $150K
“Typical first year contract value is about 120 to 150,000 dollars, and then we hope to escalate those year over year. To anywhere between a quarter of a million to a million dollars in annual revenue per year.”
Todd JohnsonAug 4, 2017▶ 9:00741: Exited for $15m, Now Tackling Healthcare Patient Doctor Relationships
Disclosure
Johnson: HealthLoop serves 70 groups across 20 hospitals and 50 practices
“Between hospitals and physician groups, we have about 70 groups on board, and the mix is about 20 hospitals and health systems and 50 independent practices.”
Todd JohnsonAug 4, 2017▶ 10:51741: Exited for $15m, Now Tackling Healthcare Patient Doctor Relationships
Disclosure
Johnson: HealthLoop has raised $21 million
“We've raised twenty-one million dollars.”
Todd JohnsonAug 4, 2017▶ 11:30741: Exited for $15m, Now Tackling Healthcare Patient Doctor Relationships
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 2,600 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.