Date post: | 07-May-2015 |
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Health & Medicine |
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Aman Bhandari Twi-er: @GHideas
Hacking the Matrix: Lessons I learned in the U.S. Government
Change in healthcare is enormously difficult. It is like climbing Mt Everest (someCmes twice). You will run into lots of red tape and bureaucracy. However there is a path forward and the condiCons (policy shiIs, funding, innovaCon infrastructure) for change have never been beKer…
@GHideas | Aman Bhandari
The Big Disconnect: Internal Buy In & New Entrants
"On the one hand, you have people…who know nothing about regulaBon…on the other, a bunch of health-‐care guys who think Zynga is some kind of fruit. There is truly a chasm between world views." Sonny Vu
“There has never been a beKer Cme to be an entrepreneur in healthcare.”
“Our job as leaders is to find those innovators and release their mojo – lean startup style – to serve the American people beKer.”
@GHideas | Aman Bhandari
1. Challenging Long Held Beliefs…that have had systemaCc impact
“We just pay the bills, we are public enBty that processes healthcare claims…that’s all.” (1965-‐2010)
“Be-er health, be-er care, at lower costs” (2010-‐?) Lesson learned: Ask why and don't accept the status quo...get ready for an era of much greater transparency.
@GHideas | Aman Bhandari
STORY 2
Joy's Law: "No ma-er who you are, most of the smartest people work for someone else” (Sun Microsystems co-‐founder Bill Joy)
Lesson learned: Invest in EIRs (hackers). "No ma7er who you are, most of the smartest people work for someone else” (Sun Microsystems co-‐founder Bill Joy, Joy's Law)
2. Bringing in the Hackers: EIRs & PresidenCal InnovaCon Fellows
@GHideas | Aman Bhandari
3. Government as Plaeorm: Power to the People
50+ Challenges/Code-a-Thons 2,000+ Participants
$1M+ Prizes
Lesson learned: There is incredible hunger for community. CommuniAes of “hackers”, entrepreneurs, innovators have sprouted up across the US… and now incumbent stakeholders are supporAng hackathons and prize compeAAons
Healthcare is so paleolithic that the government supported the first hackathons and accelerators in the sector
@GHideas | Aman Bhandari
Hack the Matrix: A World Where Anything is Possible
Challenge convenConal wisdom If you have the best people you will win Find your tribe
Unplug form the matrix, innovate and then plug back in to make the world a beKer place
@GHideas | Aman Bhandari
InternaBonal EMR Market Overview (1)
The adopBon and “meaningful use” of electronic medical records (EMRs) is rapidly increasing in the U.S. and globally
(1) Accenture Directional EMR Adoption Projections by Country, 2010.
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Health IT Venture capital funding reflects increasing entrepreneurial acBvity
ContribuBons of populaBon aging and excess healthcare cost growth to overall enBtlement costs
Accelerace Life
Avia Blue Print Health
Digital Health Accelerator
Dream IT Health
Health Axis Europe
Health Box
Health for America
Heatlh Founders
Health XL
Project Lig Miami
Moebio
Rock Health Startup Heatlh
StartX MED
PhiloMeton
TigerLabs Health
Digital Health Accelerators have exploded onto the scene: 30 accelerators launched in the last 28 months
Ratio of adults aged 65 and over compared
with people aged 20 to 64 will increase
by 80 percent in the coming decades (3)
(2) Health and Human Services (3) US News Health
(2)
Tech, Funding and Entrepreneurial Infrastructure: Seeding DisrupCon
@GHideas | Aman Bhandari
"The best minds of my generaBon are thinking about how to make people click ads…that sucks." Jeff Hammerbacher, BW
"I turned to healthcare partly because I saw an immense hunger
among the developers that I work with to start working on stuff that ma-ers." Tim O’Reilly
-‐ Beth Comstock (CBS, NBC) -‐ Doug Hirsch (Yahoo, Facebook) -‐ Dave Chase (Microsog) -‐ Ari Tulla (Nokia) -‐ Naveen Selvadurai (Foursquare) -‐ Nat Turner (Google)
Talent Flooding into the Health Sector
@GHideas | Aman Bhandari
Ask why and challenge long held beliefs
If you have the best people you will win
Networked tribes and communities is how you start to build a movement for change
Lessons Learned
@GHideas | Aman Bhandari
“Never underestimate the power of a small group of committed people to change the world. In fact, it is the only thing that ever has.”
[email protected] @GHideas @GHideas | Aman Bhandari