Excuse my lack of enthusiasm

We lost Anthony Masters, 38 on Monday at 9:48 AM.  Son of Gregg Masters, one of our team members since 2010 collaborating on projects and programs we have run with his deep healthcare, video, writing and social media experience.  So when he called saying his son had been hit while biking in NYC, I told him to come stay with me as long as he needed.  With significant TBI, he was slowly progressing last week.  But he was intubated late last week and despite his respiratory distress and falling O2 saturation, the on-call physician decided not to come in and his care experienced a significant gap. Depleted of oxygen, his brain declined further with little EEG activity by morning.  His brain stem was affected and his heart stopped.  As a father, I can't imagine.  I don't want to.  But my friend Gregg Masters is going through that now.  And he is angry at a system that failed his son.  Overworked physicians, too burnt out to care about yet another patient that is dumped on them late at night and a lack of continuity of care, summarized as "Not My Patient / Not My Problem", is a common problem that plagues healthcare. If you can't bill for it and no one is held accountable, this kind of thing happens somewhere in America many times every single day and it's time to change that.

To that end, Gregg is starting a foundation in the name of his son to address this.  As a former managed care executive, Walking Gallery member, and healthcare innovation activist, he knows how to drive change in healthcare.  Please visit his website at HealthInnovationMedia.com to read more and join the cause.

And this is why most of us got into healthcare innovation because we saw how much better the system needs to be.  And we can do things to fix it hebefore it is too late for others.  It is too late for Anthony, but let's not let this "never happen" #NMP event happen again.  A Shiva-like gathering will take place this weekend, probably at my place, so please contact me if you want to come, bring food, and hear all about the wonderful man Anthony was.

There are a few events we have highlighted below.  As always, please send in news to share and we will help spread the word.
Thanks for all you do to drive healthcare innovation, clearly we have a long way to go.

Warm Regards,
Alex

MedMoNews

1. Application Deadline TODAY

Global Innovation Search 2023
Closes today, June 14!

CEOC launched its 2023 Global Innovation Search (GIS). The 2023 GIS provides innovators from around the world with the opportunity to showcase their operational efficiency and workforce engagement solutions and gain access to customers, capital and mentorship.

GIS applications close today, June 14, at 11:59 p.m. EDT.  After an evaluation period, online public voting will occur June 26-30, with expert voting taking place July 3-18. Eight GIS finalists will be invited to the CareTech Pitch at the OPTIMIZE global conference, held Sept. 27-28, in Louisville. At least one finalist will win the opportunity to participate in a paid pilot program and receive potential investment from the CEOC fund.

GIS is targeting innovations that address the wishlist items discussed in the report. 

Wishlist items include: 

  • Task automation, reducing administrative burden, allowing clinical staff to focus on providing quality care. 
  • Scheduling optimization for improved outcomes in both patients and providers. 
  • AI and machine learning tools to augment and support clinical decisions, leveraging evidence-based guidelines and recommendations. 
  • Optimization of care mix based on reimbursement level and payor mix, including digital therapeutics, telemedicine, and remote therapeutic monitoring. 
  • Automation, centralization, and standardization of compliance, including credentialing and prior authorization.
  • Facilitate communications and continuity of care during transitions, supporting a comprehensive care management plan leveraging interoperability. 

Learn more about GIS and download the full 2023 CEOC Discovery Lab Findings Report on Operational Efficiency and Workforce Engagement by visiting lhccinc.com/global-innovation. 

Learn more about OPTIMIZE by visiting aging2.com/optimize. 

Learn more and apply here.

2. Also Today
Wednesday, June 14, 2023 4:00 PM

DigitalHealth InvestorTalk: What's Working in Consumer Digital Health?

Our friends Steve Wardell and Al Poor (No relation to Al Fair :) are online at 4 PM EST today.  Learn more and Register here.

3.  eLabNYC is holding an investor due diligence master class starting 6/21
Learn more and register here.

4. Save the Date 6/23
We will be collaborating with Trynco to run an event in NYC on June 23rd.  More details coming soon!  If you are not already a member of Health 2.0 NYC (transitioning to MedStartr.NYC slowly) please join to learn more and come to our Doers, Dreamers, Allies and Investors Summer Social.


About MedStartr Venture Partners
MedStartr manages events, challenges, an accelerator, and a global community of healthcare innovation enthusiasts from all across the healthcare landscape and around the world. MedStartr Venture Partners manages funds that invest in the best new ideas that are identified and accelerated by MedStartr Challenges and programs. For more information about MedStartr please visit http://www.medstartr.vc

There are tons of opportunities, we will be sending you more next week so stay tuned!  If you have news to share, please send them to News@MedStartr.com


Have a great week.  See you soon!

Yours Truly,
Alex Fair and the MedStartr Teams
Managing Partner and Community Organizer
MedStartr.vc, MedStartr.nyc and MedStartr.com
STARTUPS:  Have an innovation to improve healthcare, get on the MedMo World Tour today.  Learn more here!
PARTNERS: Find the best innovations and drive your goals in medical innovation for your organization, city or country with us.  Learn more here.
Book a time to chat with me at https://calendly.com/medstartr/15min
Call us @ 530.MED.STARtr  | or call me @ 917.903.4612
You can join us on social media too: @alexbfair @MedStartr   |  Linkedin for Alex  | Join MedStartr on Facebook here
Note: This is not a solicitation to buy or sell securities.  All investing bears risk and all investors should be prepared to lose their entire investment.  Past performance is not a guarantee of future results. Investing in MedStartr Venture Funds is only for accredited investors.  Please review all investment opportunities with your trusted and licensed investment adviser.