

Regulation as a Catalyst with Jonathan Bush and Chris Severn
7 snips Jun 25, 2024
Jonathan Bush and Chris Severn discuss how regulatory changes impacted their companies' innovations, emphasizing the importance of collaborating with policymakers. They delve into navigating price transparency regulations and creating a competitive advantage in healthcare. The episode also explores evolving strategies in the market, the CEO's role in compliance, and potential future disruptions in the healthcare industry.
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Reaching Out to Government
- Chris Severn and Adam Geitgey contacted government officials about price transparency laws during a public forum.
- This led to ongoing dialogue and Severn testifying before Congress, highlighting the government's receptiveness to tech perspectives.
Engage with Washington
- Washington wants to work with industry, but they primarily mean established entities with Washington offices.
- Startups need to find ways to get their voices heard, as policymakers often lack access to their perspectives.
Regulatory Capture
- Regulations can favor incumbents, creating a "regulatory capture" effect.
- This was evident with the HITECH Act, which led to a decrease in healthcare IT companies due to strict EMR certification requirements.