#25: Building & Scaling Partnerships in Early Stage Health Tech (with Owen Willis, Fmr. COO at Osmosis, Community Builder and Investor)
Description
What you’ll get out of this episode
Listen in as host Tim Fitzpatrick chats with Owen Willis about the role of education across stakeholders and systems in healthcare. Owen discusses the power of education in creating patient ownership and enabling frontline clinicians to focus on delivering great care (and less so on whether the information is complete, accurate and up to date). Owen also dives into the challenges of clinician retention, risks surrounding the patient-clinician relationship, and how education can play a role in reducing risk for patients, providers and systems alike.
In this episode you’ll discover:
- The majority of healthcare education content is targeted at clinicians and providers, which means most patients struggle to understand important health information.
- From the provider's point of view, there is a big difference between learning content in a school setting and applying it in the practice of medicine, nursing or frontline care.
- How providers are always learning new information and new discoveries as knowledge of the human body evolves, which means providers need to be able to access, understand, and teach the updated information to their patients.
- The playbook for building effective partnerships between founders and internal champions, and why founders need to have their stories down, find their champions, and build support and “whisper networks” around that long-term vision.
- Why startup champions inside large healthcare organizations should understand risk dynamics and share candid feedback with founders and their teams.
Quotables
“As a system, we are not especially good at training people on becoming doctors, we are really good at training them in terms of how to learn medicine. We are not very good about training them around the business of medicine or necessarily the application of medicine. So, as somebody goes into practice, what ends up happening is, they require more content that I would describe as just-in-time learning.” @jowenwillis on Ep 25 @T-Minus10 w/ @trfitzpatrick
“One of the elephants in the room that people just don’t really seem to be willing to talk about, is the crisis that we are facing around clinician retention. Being a doctor is an exceptionally difficult job, and the big challenge is, as we are looking to bring more patients in and looking to expand access as sort of who can get care in the US, we are also looking at the exodus of skilled professionals and a limited top of funnel supply coming in from our training programs.” @jowenwillis on Ep 25 @T-Minus10 w/ @trfitzpatrick
Recommended Resources
- Getting To Conviction in Health Tech (Long on Humanity)
- Building A Better Healthcare Hammer (Long on Humanity)
- Deploying digital health tools within large, complex health systems: key considerations for adoption and implementation (Nature)
Join the Conversation
Are you a healthcare innovator? Tell us what topics and people you’d like us to cover in future episodes:
“Investing in health tech is a daunting task.
Regulation, opaque inventive structures, and entrenched incumbents make building in the space seem like a futile task.
There are still plenty of opportunities for innovation, you just need to know where to look.
My latest piece synthesizes hundreds of conversations with founders, investors, and healthcare experts to answer the question, "how do you get to conviction in health tech?"
Excited for any and all feedback!
Far too many people to name, but a special shoutout to all of the folks who contributed to this piece through shared insights and feedback, especially Thomas J. W., Elina Onitskansky, Sean Doolan, Brian Nguyen, Saba Haq MD, Derick En'Wezoh, Justin Larkin, Yoni Rechtman, Daisy Wolf, and Christopher Lee.
#healthtech #health #venturecapital #investing” @Owen Willis on LinkedIn
“Last year I had an achilles injury that all but crippled me. No treatment we tried seemed to work and in a moment of sheer frustration I turned to alternative medicine.
It worked and I was able to get my life back.
I'm not the only person who has had this experience. Millions of patients are not being served by the healthcare system and Payers are starting to take notice.
I wrote about my experience and the gigantic opportunity for startups building in the alternative medicine and emerging therapies space.
I hope you enjoy!
#healthcare #healthtech #venturecapital’ @Owen Willis on LinkedIn
About Your Host
Tim Fitzpatrick is the CEO of IKONA Health, a company using neurobiology and immersi...























