The novel begins with a military satellite crashing in northern Arizona, leading to the deaths of nearly all the inhabitants of the nearby town of Piedmont. Only two survivors are found: an old man and a baby. A team of scientists, part of Project Wildfire, is dispatched to investigate the cause of the deaths and to contain the threat. They discover an alien organism, the Andromeda Strain, which has lethal effects on humans by clotting their blood. As the scientists delve deeper, they find that the organism mutates into a form that no longer harms humans but begins to eat through rubber and plastic. The story culminates in a race against time to prevent a catastrophic breach of the containment facility and the potential spread of the organism[1][2][5].
In *The Patient Will See You Now*, Eric Topol discusses the revolution in healthcare driven by digital technology, likening it to the printing press's impact on knowledge dissemination. This shift empowers patients to control their health data and access medical services more efficiently, potentially leading to better, cheaper, and more humane healthcare. However, challenges such as privacy concerns and resistance from the medical establishment are also addressed.
In 'Catastrophic Care', David Goldhill critiques the U.S. healthcare system, highlighting its inefficiencies and high costs. He argues that the system's reliance on insurance coverage often leads to poor service and high medical errors. Goldhill proposes a consumer-driven approach to healthcare, emphasizing patient involvement and transparency to achieve better outcomes at lower costs.
My guests today are Raju Rishi, Nikita Singareddy, and Jason Black of RRE Ventures. RRE is a New York-based VC firm investing in early-stage start-ups with more than 400 investments over its 25 year history. Raju, Nikita, and Jason focus their time in the world of healthcare investing, a topic I haven't explored much personally or on this show. We discuss the current landscape for healthcare investing, the variety of stakeholders in the healthcare value chain, the opportunities for founders and investors in the space, what excites them most about the future of the space, and the impact COVID has had in shaking up the industry. I hope you enjoy my conversation with the RRE team.
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Show Notes
(2:34) – (First question) – How the team think about attractive investment concepts
(7:13) – The current landscape for healthcare investments
(8:53) – Complications in pricing healthcare and where it needs to change
(17:45) – Catastrophic Care: Why Everything We Think We Know about Health Care Is Wrong
(17:55) – The major stakeholders and where the innovation is coming from
(18:22) – The Patient Will See You Now: The Future of Medicine Is in Your Hands
(24:43) – How Covid is changing the healthcare sector
(28:43) – Cutting edge of remote patient monitoring
(37:03) – Passive monitoring and future tech of healthcare
(39:38) – Improving the clinical trial process
(44:54) – Doctors being lost in the shuffle and improving the experience for them
(50:20) – Excites them most about the future of the space
(56:17) – Kindest thing anyone has done for them
Learn More
For more episodes go to InvestorFieldGuide.com/podcast.
Sign up for the book club and new email newsletter called “Inside the Episode” at InvestorFieldGuide.com/bookclub.
Follow Patrick on Twitter at @patrick_oshag