

Health:Further
Marcus Whitney & Vic Gatto
Every week, healthcare VCs and Jumpstart Health Investors co-founders Vic Gatto and Marcus Whitney review and unpack the happenings in US Healthcare, finance, technology and policy. With a firm belief that our healthcare system is doomed without entrepreneurship, they work through the mud to find the jewels, highlight headwinds and tailwinds, and bring on the smartest guests to fill in the gaps.
Episodes
Mentioned books

Apr 16, 2025 • 29min
131 - LIVE - How Senator Frist Connects Climate Change to Heart Attacks, Mental Health, and Your Doctor’s Office
In this episode of the Health Further podcast, hosts Vic and Marcus sit down with former U.S. Senate Majority Leader and heart transplant surgeon, Senator Bill Frist, to explore the intersection of environmental policy, healthcare, and innovation. Senator Frist discusses his role as Global Board Chair of The Nature Conservancy and why climate change and biodiversity loss are now the greatest threats to human health. He shares stories from his recent trip to the Amazon, the medical breakthroughs enabled by nature, and how depolarizing political issues is key to scalable solutions. They dive into healthcare’s role in emissions, the need for planetary and human health integration, and how medical education must adapt to address climate-linked diseases and health crises.HF SiteYOUTUBEINSTAGRAMTWITTERFACEBOOKLINKEDINTIKTOK

Apr 12, 2025 • 1h 17min
130 - Why Healthcare CEOs Are Panicking : Tariffs, Jamie Dimon, and the $33B Medicare Advantage Fallout
In this episode, Marcus and guest host Paul Kappelman discuss the chaotic pace of global and domestic events impacting healthcare leaders, starting with Donald Trump’s energy and policy unpredictability. They analyze the 90-day tariff pause with China and its effect on the markets, the symbolic rollback of chip restrictions involving Nvidia, and the importance of American manufacturing resilience. The conversation shifts to employer healthcare costs, the Transparent-Accolade merger, and the looming economic war with China. They also unpack Jamie Dimon’s letter to shareholders, the controversy over Medicare Advantage overpayments, and the impact of biosimilars and PBM incentives. The episode concludes with reflections on Medicaid supplemental funding, consolidation in the hospital sector, and the ethics of implicit bias pledges in medicine.5:50 - Nasdaq Soars to Best Day Since 2001 After Trump Pauses Some Tariffs - WSJ12:46 - Inflation rate eases to 2.4% in March, lower than expected; core at 4-year low - CNBC16:05 - Trump administration backs off Nvidia's 'H20' chip crackdown after Mar-a-Lago dinner - NPR18:50 - Jamie Dimon’s Annual Letter - JP Morgan24:08 - Transcarent completes $621M merger with Accolade, eyes further investment in AI technology - Fierce Healthcare33:23 - Health Insurer Stocks Soar on Medicare Rate Boost WSJ35:50 - We Won’t Sign an ‘Implicit Bias’ Pledge WSJ40:52 - Senate and House Republicans Set to "Kick the Can" on Medicaid Spending Cuts - The 80 Million48:18 - CareSource acquires Commonwealth Care Alliance for over $400M - Modern Healthcare49:05 - Medicare Advantage plans reaped $33B extra from 'coding intensity' - Modern Healthcare52:01 - CVS, Express Scripts, Optum warm up to biosimilars - Modern Healthcare55:03 - Kaufmann Hall M&A Quarterly Activity Report: Q1 2025 - Kaufmann Hall59:38 - Say Hello to Your New Colleague, the AI Agent - WSJ-Op1:04:29 - Google NEXT 2025 Rundown - TechRadar1:04:58 - "The opportunity with AI is as big as it gets" - Google CEO Sundar Pichai pledges $75 billion cloud, AI spending spree - TechRadar1:07:24 - Google unveils new security AI agents to keep your business safe from the latest threats - TechRadar1:08:43 - AgentSpace - Google1:11:04 - AI 2027 - AI 2027HF SiteYOUTUBEINSTAGRAMTWITTERFACEBOOKLINKEDINTIKTOK

Apr 8, 2025 • 57min
129 - Why Corporate VCs in Healthcare Might Be Your Startup’s Secret Weapon w/ Doba Parushev
In this episode, Vic and Marcus sit down with Doba Parushev, Managing Partner at Healthworx, to unpack the distinct differences between traditional and corporate venture capital, particularly within healthcare. Doba shares his career journey from engineering to Latin American VC, through McKinsey and Edison Partners, to leading Healthworx at CareFirst. The conversation covers the pros and cons of corporate VCs for startups, the expectations versus realities of these partnerships, how investment strategies are shaped by member needs, and Healthworx’s multi-pronged investment approach including its ventures, accelerator, studio, and LP programs. They also explore systemic inefficiencies in U.S. healthcare, the value of tech-enabled services, and how Healthworx balances financial returns with strategic impact. Doba closes with hard-won advice for both startups and enterprises considering corporate venture capital.Doba Parushev - https://www.linkedin.com/in/parushev/Healthworx Website - https://www.healthworx.com/HF SiteYOUTUBEINSTAGRAMTWITTERFACEBOOKLINKEDINTIKTOK

Apr 5, 2025 • 1h 31min
128 - How New Tariffs Are Disrupting Healthcare and the Economy
In this episode, Vic and Marcus focus on the sweeping economic impact of the new “Liberation Day” tariffs, including market reaction, healthcare supply chain disruptions, inflationary concerns, and implications for startups and venture capital. They discuss shrinking margins in healthcare, funding shifts in tech and AI, layoffs at major institutions like Vanderbilt and UnitedHealth, the Circle IPO in the crypto space, and how the AI therapy chatbot study may reshape mental health treatment. The episode concludes with commentary on cyber threats, stablecoins, and the rapid policy changes reshaping Washington and Wall Street.15:15 - Trump Tariffs Aim to Bring Down Curtain on Era of Globalization WSJ11:23 - Trump Tariffs Send Dow to 1600-Point Decline, Dollar Slumps WSJ12:09 - U.S. Stocks Post Worst Quarter Since 2022 on Threat of Trade War WSJ12:57 - Senate budget blueprint empowers GOP chair to decide if Trump tax cuts add to deficit The Hill16:08 - Senate Pencils In $5 Trillion for Tax Relief, Leaves Blank Spaces for Spending Cuts WSJ1:16 - Consumer Sentiment Hits Lowest Since 2022 as Anxiety Rises Over Inflation and Jobs WSJ17:41 - CoreWeave Stock Ends Flat on First Day of Trading After Scaled-Back IPO WSJ19:08 - CoreWeave shares rip nearly 42% higher, rising above IPO price CNBC23:16 - Venteur Raises $20M To Help Employers Administer ICHRAs MedCity News29:00 - Notable Systems snags $12M Series B Axios31:12 - RapidClaims corrals $11M for claim denial prevention Axios31:20 - Post-CoreWeave, Venture Investors Rethink Their Outlook on IPOs WSJ31:47 - Stablecoin issuer Circle files for IPO as public markets open to crypto CNBC38:20 - The M&A Boom Wall Street Wanted Is Here, if You Know Where to Look WSJ39:12 - 2024 VC Fund Performance Carta42:13 - Stopping Waste, Fraud, and Abuse by Eliminating Information Silos White House45:51 - Health Department Begins Sweeping Job Cuts WSJ47:06 - Vanderbilt University Medical Center braces for $250M budget cut Axios48:34 - Trump Media to Debut on New York Stock Exchange Texas Newswire49:32 - North Korean IT worker army expands operations in Europe Bleeping Computer51:44 - Health insurers slash thousands of jobs, more cuts ahead Modern Healthcare53:14 - Who Should Pay for Ozempic Is the Next Big Workplace Fight WSJ55:13 - Oracle Health breach compromises patient data at US hospitals Bleeping Computer58:09 - FTC’s Case Against Drug Managers on Hold After Commissioners Fired WSJ1:01:00 - Trump’s THF SiteYOUTUBEINSTAGRAMTWITTERFACEBOOKLINKEDINTIKTOK

Mar 29, 2025 • 1h 31min
127 - RFK’s Plan to Slash 20,000 Jobs and What It Means for Healthcare
In this episode, Marcus and Vic discuss the nonstop barrage of breaking political and economic news, starting with NCAA March Madness brackets and how NIL and the transfer portal have reshaped college sports. They cover February's unexpected 4.2% rise in home sales, Trump's proposed 25% car tariffs, and broader conversations on globalization, economic nationalism, and JD Vance’s key arguments at the American Dynamism conference. The hosts analyze implications of U.S. trade strategies, April's looming tariff escalations, and domestic reinvestment from companies like Johnson & Johnson. They also examine Silicon Valley’s shifting stance on Trump, tightening export controls on China, Delaware’s legal changes to compete with Texas for incorporations, and major AI-driven VC funding rounds including Navaa and Arlo. Further topics include Medicaid waste, bioethics of embryo research, China’s controversial gene-editing comeback, GLP-1 access restrictions, centralized hospital command centers, 23andMe’s bankruptcy, and the neurological impact of retirement. They close by exploring biofeedback’s role in elite performance and the future of work amid rapid technological change.4:43 - Home Sales Rose 4.2% in February, Beating Expectations WSJ5:40 - Trump Announces 25% Tariffs on Imported Cars and Car Parts NYT 19:57 - What to know about the April 2 tariff day Axios21:39 - Johnson & Johnson to Invest Over $55 Billion in U.S. in Next Four Years WSJ22:46 - Trump Takes Tough Approach to Choking Off China’s Access to U.S. Tech WSJ27:32 - Delaware Punches Back at Texas Efforts to Lure Away Companies WSJ30:06 - Navina lands $55M from Goldman Sachs Modern Healthcare32:05 - Silna Health gets $27M for insurance automation Axios33:46 - Startup insurer Arlo raises $4M on back of AI-powered underwriting Fierce Healthcare 34:33 - Healthtech VCs Look to AI for Next Wave of Returns WSJ34:56 - Two of a Kind: Founder of Snack Company Seeks to Back Next Big Consumer-Health Startup WSJ36:12 - Andreessen Horowitz Aims to Raise a Smaller Bio Fund WSJ 37:45 - Duke-Margolis launches council to build health-focused frameworks for private equity Fierce Healthcare39:38 - RFK Jr. prepares 10,000 more job cuts across HHS, outlines office consolidations Fierce Healthcare40:29 - RFK on X41:12 - Taxpayers Spent Billions Covering the Same Medicaid Patients Twice WSJ 46:36 - How Medicaid and SNAP cuts could affect your state Axios48:09 - CDC, DOGE claw back $11 billion in COVID-19 grants nationwide as agency roots out 'censorship' contracts Fierce Healthcare50:01 - Senate confirms nominees to lead FDA, NIH under RFK Jr. Modern Healthcare 51:39 - What Do We Owe This Cluster of Cells? NYTHF SiteYOUTUBEINSTAGRAMTWITTERFACEBOOKLINKEDINTIKTOK

Mar 22, 2025 • 1h 30min
126 - The UFC’s Political Power Move and What It Means for U.S. Healthcare
Vic and Marcus break down how MMA, politics, and media are increasingly intertwined, starting with Conor McGregor’s presidential bid and the UFC's political influence. They discuss the Fed’s economic outlook, inflation, tariffs, and consumer sentiment. In healthcare, they cover CMS reforms, Medicare Advantage scrutiny, hospital mergers, FTC shakeups, and major investments in senior care, pathology, and hospital-at-home models. The episode wraps with concerns over proposed HIV funding cuts and the long-overdue reckoning with U.S. deficit spending.11:09 - Fed Dims Economic Outlook, Citing Uncertainty Over Tariffs WSJ14:27 - Consumer Sentiment Tanks as Americans Expect More Pain Ahead WSJ15:13 - Retail Sales Edge Up in February but Miss Expectations WSJ17:08 - Trump Team Explored Simplified Plan for Reciprocal Tariffs WSJ18:52 - Nasdaq Plans Second U.S. Headquarters in Texas WSJ25:32 - Inspiren banks $35M to scale AI-powered senior living technology Fierce Healthcare26:29 - Proscia pulls in $50M for digital pathology Axios27:51 - Medalogix, Forcura Merge to Form a $1 Billion Healthcare Software Business WSJ28:52 - The Israeli Startup That Just Inked the Largest Cybersecurity Deal Ever WSJ30:18 - GSR Ventures spins out new US branch, Informed Ventures, with tenured partners Fierce Healthcare31:05 - Dr. Oz describes changes he would bring to Medicare, Medicaid as CMS administrator HFMA36:05 - Trump administration charts a new course at the Center for Medicare & Medicaid Innovation HFMA36:53 - Startups Prep for Potential Medicaid Cuts WSJ39:25 - Trump fires 2 Democratic FTC commissioners, Andrew Ferguson defends decision Fierce Healthcare42:56 - FTC again pushes back on Indiana hospitals' 2nd merger attempt Fierce Healthcare46:39 - RFK Jr.'s HHS picks up Biden admin legal fight against 340B rebates Fierce Healthcare48:38 - Trump Administration Weighing Major Cuts to Funding for Domestic HIV Prevention WSJ53:30 - Cigna closes $3.3B sale of Medicare plans to HCSC Fierce Healthcare54:06 - Employers Get Big Drug Discounts Through Program For Hospitals That Serve Poor Patients WSJ55:40 - Highmark posts $29.4B in 2024 revenue amid ongoing rise in utilization Fierce Healthcare57:06 - Mass General Brigham announces $400M cancer care investment ahead of Dana-Farber split Fierce Healthcare58:54 - DispatchHealth and Medically Home merge, creating one of nation's largest hospital-at-home providers Fierce Healthcare1:00:26 - Pfizer Has a New Playbook for Reviving Sales—and It’s Starting to Pay Off WSJ1:01:42 - HF SiteYOUTUBEINSTAGRAMTWITTERFACEBOOKLINKEDINTIKTOK

Mar 15, 2025 • 1h 5min
125 - Market Chaos, Healthcare Cuts, and AI Breakthroughs—What’s Coming Next?
Vic and Marcus discuss the volatile stock market and its connection to political uncertainty, the shifting media landscape, and the impact of global news narratives. They analyze the latest jobs report, Trump’s trade policies, and their effects on market stability, interest rates, and inflation. The episode covers the future of telehealth, major healthcare funding cuts, and their consequences for hospitals and medical research. They also examine the growing role of AI in medicine, the latest innovations in gene therapy, and China’s rapid advancements in artificial intelligence. The discussion concludes with insights into venture capital struggles, IPO market slowdowns, and the potential collapse of numerous VC firms.Links:3:50 - Democrats Clear Way for GOP Funding Bill, Ending Threat of Government Shutdown WSJ4:29 - U.S. Added 151,000 Jobs Last Month WSJ5:24 - An ‘Untradable’ Market: Trump Sows Profound Uncertainty for Stocks NYT7:56 - CNBC’s interview with U.S. Treasury Secretary Scott Bessent Youtube16:01 - Inflation Cooled to 2.8% in February, Lower Than Expected WSJ18:26 - An ‘Untradable’ Market: Trump Sows Profound Uncertainty for Stocks NYT18:26 - Virtual musculoskeletal care provider Vori Health nabs $53M Fierce Healthcare19:09 - Motivity gets $27M from Five Elms for ABA software Axios20:11 - Hinge Health files to go public, signaling potential IPO revival in digital health Fierce Healthcare20:55 - Venture Investors Hoped for an IPO Recovery in 2025. Now It’s On Hold. WSJ25:11 - House votes to extend telehealth for 6 months, sends funding bill to Senate Fierce Healthcare26:51 - CMMI to cut participation in payment models, estimates $750M in savings Fierce Healthcare27:30 - Provider revenues to drop $80B in 2026 if cuts drive states from Medicaid expansion, analysis find Fierce Healthcare31:14 - Is Trump Taking a ‘Liquidationist’ Approach to the Economy? WSJ32:21 - CMS scraps contracts to upgrade online Medicare system and hands over control to DOGE, agency says Fierce Healthcare34:18 - Why the $2.8B Blue Cross Antitrust Case Won't Die Modern Healthcare36:27 - The Hologram Doctor Will See You Now WSJ39:04 - Landmark Holdings of Florida files for Chapter 11 bankruptcy Modern Healthcare39:43 - Prospect Medical’s Pennsylvania hospitals at risk of closure Modern Healthcare40:39 - Johns Hopkins Plans Staff Layoffs After $800 Million Grant Cuts WSJ42:30 - Mass General Brigham's 2nd wave of layoffs begins Fierce Healthcare42:49 - CVS’s New Mini Stores Go All In on Medicine and Skip Everything Else WSJ43:39 - Breathing neHF SiteYOUTUBEINSTAGRAMTWITTERFACEBOOKLINKEDINTIKTOK

Mar 11, 2025 • 51min
124 - How AI and Market Shifts Are Breaking the SaaS Business Model w/Dave Lambert
Vic sit down with Dave Lambert of RightSide Capital Management to discuss venture capital trends, SaaS investing, and how the startup landscape is evolving. Dave breaks down RightSide’s data-driven investment approach, focusing on ultra-diversified portfolios and quick decision-making. They explore the impact of AI on capital efficiency, why per-seat SaaS pricing is becoming obsolete, and how macroeconomic factors shape startup success. The conversation also covers shifts in fundraising, the growing role of healthcare SaaS, and why founders must prioritize profitability over endless funding rounds.Right Side Capital Website - https://www.rightsidecapital.com/Dave’s Email - http://dave@rightsidecapital.comDave Lambert, Managing Director and Co-Founder of Right Side Capital Bio:Dave Lambert is a Managing Director and Co-Founder of Right Side Capital. His firm is one of the most active pre-VC stage investment firms in the US and has invested in 2000+ pre-VC stage startups since 2012. Right Side Capital is known for using a quantitative, data-driven investment selection process that lets them give firm yes/no decisions to founders in about a week, and for the fact that each of their investments funds invests in many hundreds of startups.Prior to founding Right Side Capital, Dave was founder and CEO of a computer hardware company in the 1990s, and software company in the 2000s.HF SiteYOUTUBEINSTAGRAMTWITTERFACEBOOKLINKEDINTIKTOK

Mar 8, 2025 • 1h 5min
123 - How New Tariffs, Job Cuts, and AI Innovation Are Reshaping the Economy
Vic & Marcus dive into the latest economic and business news, starting with the ADP jobs report showing the smallest job gains since July. They analyze the impact of tariffs on U.S. markets, discuss the drop in credit scores among student loan borrowers, and examine a $100 billion investment in U.S. chip manufacturing. The conversation shifts to healthcare with funding updates in pediatric care, ophthalmology, and chronic pain treatment, followed by insights on the growing AI cloud market. They also discuss RFK Jr.'s policy changes on vaccine committees, Blue Cross Blue Shield’s antitrust lawsuit, and opioid settlements for hospitals. The episode rounds out with a deep dive into AI’s rapid expansion in healthcare, humanoid robots performing household tasks, AI-generated human-like voices, and major policy changes impacting SNAP benefits.1:18 - US Firms Add 77,000 Jobs, Smallest Gain Since July2:01 - Stocks Sink, Trump Says Tariffs on Some Mexican5:23 - Steep Drop in Credit Scores Hits Student-Loan Borrowers6:50 - Trump, Chip Maker TSMC Announce $100 Billion9:07 - Banks Loan $2 Billion to Build a 100-Acre AI Data9:48 - Value-based pediatrics practice Bluebird Kids Health clinches $31.5M11:36 - Lumata Health raises $23M Series B12:24 - Nervonik Raises $13 Million in Series A Financing to Advance...12:57 - GEM HEALTH Raises $7M in Series A Funding FinSMES13:23 - AI cloud provider CoreWeave files for IPO14:17 - General Catalyst is considering an IPO15:20 - RFK Jr.’s Health Department Heightens16:47 - ROBERT F. KENNEDY JR.: Measles outbreak18:52 - In new lawsuits, dozens of health systems opt out of $2.8B Blues...20:51 - Court approves $700M prescription opioid23:04 - Wellvana buys CVS Medicare savings unit24:20 - Headspace inks partnership with US Navy25:38 - Walgreens Nears Roughly $10 Billion Deal26:06 - Mayo Clinic unveils $1.9B expansion to Phoenix27:28 - Novo Nordisk cuts Wegovy prices, following29:39 - Bayer Warns of Lower Earnings as Turnaround30:09 - The New Thinking on Concussions in Sports32:58 - Mystery Disease Linked to Bats Kills Scores in Congo34:12 - RFK Jr. and His Allies Target Trump’s Beloved Soda37:12 - AvaSure debuts bedside AI virtual care38:01 - Google Cloud expands AI-powered38:43 - Microsoft launches voice-activated AI assistant39:18 - Baxter debuts voice-activated wearable39:478 HF SiteYOUTUBEINSTAGRAMTWITTERFACEBOOKLINKEDINTIKTOK

Mar 4, 2025 • 42min
122 - How Employers Are Taking Back Control of Healthcare Costs w/ Stu Clark | Premise Health
Vic sat down with Stu Clark, CEO of Premise Health, to discuss how employers and unions are tackling skyrocketing healthcare costs. They break down the direct contracting model, the financial burden of traditional healthcare, and how Premise Health’s advanced primary care approach is reshaping the industry. Stu explains the findings of a Milliman study showing cost savings, the critical role of primary care access, and why employers are bypassing traditional insurance models. They also explore the future of employer-sponsored healthcare, the challenges of provider shortages, and Premise Health’s expansion into alternative health plans.Study: Premise Health saves employers and unions 30% on total healthcare costshttps://www.premisehealth.com/Stu Clark, Chief Executive Officer, Premise Health Bio:Stu Clark has served as CEO of Premise Health since its inception in 2014 and, prior to that, served in various leadership roles in predecessor companies to Premise. He has held executive roles in the direct healthcare industry for more than 20 years. Stu and his teams have helped lead the evolution of the direct healthcare industry, also known as employer-sponsored healthcare, from the early days of occupational health-only programs to today’s fully integrated, direct primary care models. This integrated approach connects members and their families to acute and urgent care, family medicine, pharmacy, fitness, and many other primary services, creating value by helping them be healthier. Under Stu’s leadership, Premise has focused on clinical quality, scale, infrastructure, and technology, while working to build a transparent culture anchored in accountability and merit-based career advancement. The company is consistently recognized as an employer of choice in communities where it operates employer-sponsored health centers and in the greater Nashville area where it is headquartered. Stu is a graduate of the University of Michigan in Ann Arbor, where he received a BA. He is currently a CEO council member and limited partner for Council Capital, a limited partner and advisor for Nashville Capital Network, and a former council board member and executive committee member for the Nashville Health Care Council, where he served for two terms. HF SiteYOUTUBEINSTAGRAMTWITTERFACEBOOKLINKEDINTIKTOK