StartupCamp Health meeting
link to the StartupCamp wiki page
Participants:
- James Littlejohn 5 years ago had illnesses that got him interested in using technology to improve health. Mepath.com is about lifestyle linking
- Charles Wiltgen, interested in doing a startup that's weight related, since he needs it for himself
- Samir Majumdar (Ingenuity Systems), 6 year old startup, pharma&biotech, reducing time of scientists to do their research. Content Management System. Has prior healthcare experience.
- Gary Krane (founder of outcouplespace) 1888morewow. Happily married men at Kaiser have 50% less heart disease. Wants an intro to health insurers. Looking for VP business development for 5-10% of the company. Finalist of UCBerkeley business plan competition.
- David Ding, bioengineer, will start a company in healthcare, from Singapore for 1 year educational program. Currently working on assisted living management software for document management.
- Kevin Braithwaite, technology incubation, HealthCamp, unconference focused on healthcare. Early Dec for small event. February larger event
- Richard Shoenhair Founder VP Prod Dev (RedMedic.com) sold company to BC/BS South Carolina, Consumer health information, for urgent/emergency medicine, ASP + call center, target: 30-45 year old female.
- Daniel Ho, interested in healthcare industry, web based solutions to make small practices more efficient
- Jason May, pre-alpha data visualization, not healthcare related
- Iein Valdez , his wife did Katrina relief and knows about Enoch Choi from that.
- Narasimhan Kasturi, KickStartup.com , looking for startup that's insurance related, patient records, outsourcing healthcare
Discusssion
Regulations: HIPPA, CA senate bill 1386 (requires notification if disclosed personal medical info PMI)
Richard: Started RedMedic to help take care of his father with Parkinson's. HIPPA prevents communication of PMI without a relationship with patient. RedMedic provided information to caregivers without a previous physician-patient relationship already existing. RedMedic's records provided portable past medical history: web based, which you could bring to a new physician or give the physician a phone number to call a call center to fax the record. CCR continuity care record. Used partnerships such as with BC/BS for their trusted base of patients. When a patient leaves one network, they need a way to bring their records to another provider.
Samir: Consumers will not trust web-based sites to store them to store their health information
David: Why aren't communications standards more set
Richard: Politics has gotten in the way of interoperability. HHS sponsored EMR and connectivity decreases private industry's interest in building a soluction.
David: moving between countries is problematic
Richard: HL7 is international
Charles: Mpeg4 was in everyone's self interest to interoperate. Why don't MDs see that?
Richard: $$$ is in treatment, not prevention. Insurance companies foot the bill for treatment, and are interested in improving health through prevention. Compliance management system company (palo alto), reward patients based on how well they take care of themselves. Decrease employee illness, increase productivity. Self-insured companies like Cisco are interested in this. HSAs/FSAs are a way for patients for directing their own savings towards health care purchases, as long as they have a high deductible insurance plan (the HSA can pay the high deductible in case of a catastrophic injury/illness).
Enoch's question: how are you picking who you're going to take your own healthcare savings (HSA)?
Jason: traditional insurance does not incentivise you to find highest quality at lowest cost. New HSAs do since you can pick who you go to.
Richard: even gathering information is reimbursable
Jason: I don't trust my insurance company to provide unbiased information about quailty of health providers
Richard: insurance companies don't have consumer trust
Jason: my claim history has just come online, but I don't trust them to do innovations, only to do things that are beneficial to them
Richard: Epic is huge. What are the opportunities for startups?
Enoch: How are you all, as healthy people, going to find good quality information to choose who you want to get your care from.
Iein Valdez: a friend had knee surgery, with problems coordinating care among all providers, since they couldn't communicate among providers.