Episode 40: Karl Ulfers, Co-Founder & CEO of DUOS
Digital Health Heavyweights
Growth Capital: Raising $130M
Karl explains disciplined growth, profitability, and choosing FTV for growth-equity fit and inorganic expansion options.
In this episode of the Digital Health Heavyweights podcast, host Norm Volsky interviews Karl Ulfers, Co-Founder and CEO of DUOS. They discuss Karlâs career journey from consulting to healthcare technology, his experiences at Optum and Rally Health, and the founding vision of DUOS, which aims to create a seamless system of aging for older adults. Karl shares insights on partnerships with health plans, the importance of addressing day-to-day needs for older adults, and the recent growth and investment in DUOS. He also emphasizes the significance of maintaining a work-life balance and shares personal anecdotes about healthy cooking and family life.
Takeaways
đŒ Karl Ulfers emphasizes the importance of doing your job well as the foundation for career progression.
đŻ Taking risks in your career can lead to significant opportunities and growth.
đ Understanding market dynamics is crucial for success in healthcare innovation.
đ€ Building a strong, cross-functional team is essential for product development.
đ”âĄïžđŽ DUOS aims to create a seamless system of aging for older adults.
đœïžđĄïž The company focuses on addressing day-to-day needs of older adults, such as food and safety.
đ„đ€ DUOS partners with health plans to improve access to care for members.
đđž The recent investment in DUOS will support its growth and expansion efforts.
đ§ââïž Maintaining a routine is vital for managing stress as a CEO.
đšâđłâ€ïž Healthy cooking and family engagement are important aspects of Karl's life.
Chapters
00:00 Introduction to Karl Ulfers and DUOS
01:33 Early Career and Consulting Insights
04:38 Journey at Optum and Innovations in Healthcare
11:04 Transition to Rally Health and Leadership Growth
14:41 Career Progression and Promotion Strategies
20:23 Building Teams and Company Culture
25:43 Evolution of Products at Rally Health
28:23 Founding DUOS and Personal Inspiration
28:28 The Journey Begins: A Decade of Insight
31:14 Vision for Aging: Building a System of Care
34:11 Partnerships with Health Plans: Enhancing Member Care
37:06 Securing Growth: Navigating Investment in a Tough Market
42:37 Member Experience: Simplifying Access to Care
50:50 Practicing What You Preach: Balancing Work and Life
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