Baiju Shah

My EisnerAmper Engaging Alternatives Podcast with Todd Perman, President & CEO, Seed Healthcare who shares his outlook for venture capital investing in health care, including the greatest opportunities, challenges, how the firm integrates ESG and more. #venturecapital #healthcare #opportunites #challenges #esg

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I had the honor of moderating a panel of three hospital Presidents/CEOs at Laudio's inaugural Leadership Innovation Exchange (LINE) conference. We discussed “Future-Proofing Health Systems” and what is required for the next generation of hospital leadership to effectively manage the healthcare workforce. We didn’t have a crystal ball, but we had the next best thing -- insights from these three impressive leaders. Quick takes: 💡 Mark Slyter, DSc, FACHE of Dignity Health: High reliability organizations are the way of the future. When implemented correctly, retention is the output and not the goal. 💡 Bill Santulli, FACHE formerly of Advocate Health: When looking for his successors, he looked for leaders who are effective at change management…it’s ultimately all about culture. 💡 Joseph Mitchell of Franciscan Children’s: It took a strong arsenal of leaders who were resilient to complete the integration with Boston Children’s and ultimately to bring attrition down from 35% to 18%. Heard throughout the day were these fascinating tidbits from C-level leaders on what is improving their workforce culture and satisfaction: 🐕 Geisinger: ‘Paws to Reflect’ program that brought in dogs for healthcare workforce, not for patients 🤖 El Camino: Robots for patient wayfinding – an idea that stemmed from their nurses when they saw the robots delivering specimen 💻 Stanford: Being discerning about not automating processes that are terrible, but only the ones that are deserving Hats off to the Russ Richmond, CJ Floros, Emma Smith, Ashley N. and the whole Laudio team on this fantastic LINE-up!

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The healthcare disparities faced by rural communities in the U.S. are stark and concerning. Access to quality care, preventive services, and health resources is limited, contributing to higher mortality rates and challenges. With nearly 60 million Americans residing in rural areas, the need for innovative solutions is more pressing than ever. Our 7wire Ventures team took a deep dive into Rural Health and the potential of healthcare technology to revolutionize care delivery in rural America with companies like GroundGame.Health, Homeward, Hopscotch Health, Wildflower Health, Babyscripts, Soda Health, Heartbeat Health, and more. Looking ahead, we predict a shift towards value-based care models, an emphasis on preventive interventions, and increased focus on virtual specialty access. To learn more, read the full article below.👇 Let's work together to make a difference in healthcare equity for all Americans, regardless of their zip code. #RuralHealth #HealthcareInnovation #DigitalHealth #HealthEquity https://lnkd.in/gTaYQA2P

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What skills and experience are required to be an effective health equity leader in today's landscape? We spoke with several leaders in the health equity space to find out: https://lnkd.in/emchN9Ye

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For those interested in a credibly perspective on the current state and future of health tech, and the rapid emergence of a new category, see the attached research by one of the most reputable health tech venture investors in the market, Bessemer Venture Partners. Exciting news: Although "healthcare has traditionally lagged behind other industries in digital adoption - we believe AI Services-as-Software companies are well-positioned to change that narrative." Thank you Sofia Guerra and Steve Kraus for keeping apprised of market trends and where we are headed - to better healthcare! https://lnkd.in/eH_aag73

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#unavoidableopportunity #climateresilience now. “Climate risk is health risk. Beep Saúde provides digital access to in-home vaccination, diagnostics, infusions, and other health services that can rapidly respond to changing healthcare needs made increasingly complex by climate change,” comments Jay Koh, Managing Director at the Lightsmith Group. “We are excited to partner with Dr. Vander Corteze and the world-class team at Beep, as well as Beep’s existing investors. Beep has proven that technology can provide rapidly responsive, patient-centered healthcare at home that can address the increasing effects of climate change. We look forward to helping Beep scale its impact and its business as a critical tool to addressing the health impacts from climate change.” #climaterisk = #healthrisk. The Lightsmith Group, Beep Saúde, Jay Koh, Vander Corteze, MD, Serena Shi, Emmanuel Caroit

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Don’t undervalue your community’s health data. Transform those simple metrics into powerful narratives. 📊 Every data point helps you share your impact with your board of directors, donors, and community members. The health data you collect tells your community’s unique story. It’s a highly valuable form of currency. And just like anything of value, your community's health data must be secured and protected. 🔒 As you learn from health data and use it to tell your community’s story, keep data security at the forefront of every decision you make. Being a good steward of this information means protecting it and using it ethically to uphold the trust of those you serve.  Curious about how to learn from health data and maintain compliance? Check out the full webinar with expert Cassandra Stish from Welld Health. Link in the comments 👇 #daxko #nonprofit #community #fitness #communityengagement

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Health systems are at a disadvantage in a consumer-focused world => Not true - leading health systems are investing in enhancing the patient experience, leveraging data/analytics, and delivering more personalized, value-based care. Health systems can't do tech is also misguided - the pandemic has accelerated digital transformation, with health systems buying innovative solutions like telehealth, RPM and AI-powered pop health and clinical decision support. The key is for health systems to take a strategic, patient-centric approach focusing on value and revenue to technology adoption.

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SPACs are increasingly used to take private healthcare companies public, offering an alternative to traditional IPOs. This trend has been growing, especially between 2012 and 2021. SPACs provide a pathway to public markets for companies that may not meet traditional IPO financial performance targets. They also typically incur lower underwriting fees and are less likely to face shareholder lawsuits. 👉 SPACs could lead to higher prices for healthcare services and products due to increased consolidation and vertical integration .... ultimately raising costs for employers, insurers, and patients. 👉 Corporatization of healthcare through SPACs may result in adverse clinical events, as seen with previous private equity acquisitions. 👉 The need for regulatory compliance and transparency may present challenges. 👉 SPACs can be risky investments, as they often merge with companies that have not yet achieved profitability. 💡 Financial engineering and creating value in the healthcare value chain are two distinct pursuits. #SPACs #SVP #HealthcareIPO #Digitalhealth

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Dive into the world of healthcare philanthropy with compelling insights from our 2024 Philanthropy Pulse Report's Healthcare Sector Analysis! 🏥 Gain access to data that's shaping the future of fundraising in healthcare, providing invaluable guidance for your organization's strategies. Click the link below to access the full report and download the comprehensive infographic for a deeper understanding of industry trends. https://bit.ly/4aWKJID #CCSPhilanthropyPulse #Healthcare #FundraisingTrends #Philanthropy

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When the music stops we find out which emperor has no clothes. (That’s not how the saying goes is it?) Anyway, here’s the most basic way to look at private equity investments in healthcare (disclaimer: not all are bad!) Healthcare entity sells a piece of itself to an investment group. Let’s say it’s sells 50% for $100 bucks. Investment group (doesn’t matter which one, just choose a color and an object from nature and add Capital or Equity at the end 🤣) puts up $20 dollars and borrows $80 dollars, saddling the healthcare entity with crushing debt. (Works great when interest rates are low, not great when they skyrocket like they have the last couple of years.) Investment group needs to show a return. Easiest way to increase revenue: Raise prices. Don’t pay people what they’re worth. Squeeze them. Cut staff and services. Now you have overworked, underpaid healthcare workers who think they don’t have another option. Let’s say investment group manages to sell their piece for $120 bucks in the usual 3-7 year hold period for private equity. (Remember they only put up $20 and borrowed $80.) Returns the money they borrowed, and keeps the profit. In this scenario it’s basically 100% return on investment. Investment group gets rich. Healthcare entity owners get rich. Patients and healthcare workers suffer. Anyway, Dr. Hal Inc is also a healthcare consulting firm. Follow me for more tips and tricks on what NOT to do in healthcare! (Shameless plug!)

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Can grassroots innovation transform healthcare? A throwback to VIVE 2024 in LA as we dive deep into this question with Paul Machado & Alex Fair. Discover the power of community-driven change! Link in the comments (but you can listen on all the major podcast platforms - Look for The Reverse Mullet Healthcare Podcast from BP2 Health). #HealthcareInnovation #GrassrootsRevolution #ReverseMulletHealthcarePodcast #bp2Health

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This is a great report from Mckinsey of what health system executives are prioritizing

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Let’s make the case for why corporate philanthropy is a “bear-y” critical component of your business model! Grab a pen and paper… we have a lot to share! By now, you know that corporations are increasingly expected to do more than just turn a profit. The demand for corporate social responsibility (CSR) is growing, and businesses that embrace this trend not only enhance their reputation but also achieve significant business benefits. Here’s why partnering with nonprofits like enCourage Kids is a strategic move for your business: 1. Enhanced Brand Image and Reputation Partnering with nonprofits demonstrates a corporation’s commitment to social good. It shows that your company cares about the community and is willing to invest in positive change. This enhances your brand image and builds trust with consumers, who are more likely to support businesses that align with their values. 2. Employee Engagement and Retention Employees today want to work for companies that make a difference. When employees see their employer making a positive impact, it fosters pride and loyalty, leading to higher retention rates and a more motivated workforce. 3. Networking and Collaboration Opportunities Collaborating with nonprofits opens doors to new networking opportunities. It allows businesses to connect with other like-minded organizations, potential clients, and influential community leaders. These relationships can lead to new business opportunities and collaborations that benefit both parties. 4. Positive Community Impact Supporting nonprofits like enCourage Kids Foundation directly contributes to the betterment of society. enCourage Kids Foundation works tirelessly to make hospital stays more comfortable for children and their families through various programs and services. By supporting their mission, corporations can play a vital role in improving the lives of young patients and their families. 5. Tax Benefits Corporate donations to nonprofits are often tax-deductible. This not only reduces the financial burden of giving but also allows businesses to allocate funds toward other strategic initiatives. 6. Boosting Customer Loyalty Consumers today are more conscious of where they spend their money. When a company supports causes that matter to its customers, it fosters a deeper connection and loyalty. Customers are more likely to stay loyal to a brand that they perceive as socially responsible. Why enCourage Kids Foundation? enCourage Kids Foundation is dedicated to helping children and families during challenging times. Our innovative programs and services bring joy, comfort, and relief to pediatric patients in hospitals. By partnering with enCourage Kids, your corporation can directly contribute to creating positive, lasting impacts in the lives of children and their families. 👉 Learn more about enCourage Kids Foundation and how your company can get involved: https://encourage-kids.org

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