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Village Global Podcast

Mark Cuban on Disrupting Healthcare, Trends in AI, and Randomness

Jun 15, 2023
Mark Cuban, Entrepreneur and investor, talks about disrupting the US healthcare system, the rise of AI in startups, and the potential of precision medicine. He advises founders to work outside the broken system to bring about real change. He also discusses the exciting and scary prospects of precision medicine and highlights the importance of embracing randomness and adapting to technological advancements.
54:27

Episode guests

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Quick takeaways

  • The misalignment of interests between patients, providers, and payers is a major problem in the US healthcare system, necessitating disruptive solutions.
  • Cost Plus Drugs, founded by Mark Cuban, focuses on transparency and trust in the healthcare system by showing pricing, costs, and markups for affordable medications.

Deep dives

Mark Cuban's Investment in the Healthcare Sector

Mark Cuban has been investing actively in the US healthcare system in recent years. He believes that the healthcare system is broken and needs to be completely dismantled and rebuilt. One of the key issues in the healthcare system is the misalignment of interests between patients, providers, and payers. Mark's company, Cost Plus Drugs, aims to disrupt how medications are bought and sold by working outside the traditional healthcare system and focusing on transparency and trust. They show pricing, costs, and markups to provide affordable medications to patients.

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