Amanda DiTrolio
HTN | Community Update | 5/25
New HTN Happenings
Community Wisdom: Funding at the Seed Stage
We hear a lot from folks in the community who are working through their pre-seed and seed fundraising journeys. Needless to say, it’s a challenging journey in this environment. So we thought we’d take some learnings from the journeys of founders and investors in the community and share those experiences to help normalize the process for folks and share some helpful tips. It was interesting to see that while everyone had their own idiosyncratic experiences on their journeys, we started to hear some common themes across experiences and the success companies are having in fundraising. Check out the 7 key takeaways in the article below.
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HTN Knowledge Bot is now in Slack
In case you missed it, a couple of weeks ago we launched our HTN Knowledge Bot tool, which you can test out on our website here. In addition to the website version, you can also now use the Knowledge Bot directly in Slack!
HTN Knowledge Bot | Slack Announcement | Explainer & FAQs
Community Perspectives:
In case you missed them, here are highlights of a few interesting conversations from different channels:
- Following the massive $50 million seed funding announcement of generative AI startup Hippocratic AI, the group debates the need for the creation of a LLM specifically for medical use cases.
Link - An interesting debate among the crew over UHC’s recent controversial decision to restrict access to surveillance and diagnostic colonoscopies for members.
Link - The Nerds unpack a deep dive report written by Brian Dolan on digital therapeutics startup Big Health, digging into the ROI and clinical research quality of the company’s products.
Link - HTN crew is all about LLMs in healthcare these days. In a high energy back and forth, folks discuss Elisabeth Rosenthal’s article suggesting how AI chatbots are stepping into replace therapists.
Link - A recent Atlantic article highlights some people taking Ozempic for weight loss have reported also stopping various addictive behaviors - such as drinking, smoking, shopping, and nail biting. A few Nerds jump in to confirm some of these behavior changes from their personal experiences taking the weight loss drug.
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Community Q&A:
A collection of some questions with thoughtful answers from the community:
- Is anyone aware of commonly used measures/KPIs for outpatient clinical efficiency? And is anyone actually tracking/benchmarking this for physician offices? Things like patient throughput, exam room occupancy, patient wait time. A few good benchmark resources below.
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- I'm trying to learn everything that I can about how TEFCA will work. Can you recommend resources that I could read and get up to speed?
Link - Would anyone be able to provide me with rough estimates of reimbursements for a typical behavioral health visit? Pricing details down to the exact cent in the thread below.
Link - Does anyone have a list of participating ACO REACH entities in LA county (or know of a resource that may have this information)? HTN Knowledge Bot weighs in below.
Link - Is anyone using GPT-4 in a HIPAA compliant way? Would love to get advice on whether a BAA is needed or how to get one.
Link - Basic question on ACOs: how are profits split between preferred and participant providers? How much of a total profit pool is split between provider groups, and how much is reinvested into ACO management?
Link - What is the best process to connect one EMR to a customer who is using Athena or Epic? Should you ask your customer to have them reach out to Athena on your behalf? Is it best to pay a consultant to help? Any founders/PMs here who've recently been through this process and considerations for their own system or that use a 3rd party system?
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Events:
Here we highlight any upcoming and recent events, both within the community and key events outside the community:
Upcoming Events:
- HTN Happy Hour (45 min) - Speed Meets; Fri, Jun 2 @ 9:30am CT. As always, we'll "embrace the awkward" and do several ten-ish minute speed meets. Register here.
- McDermott VBC Session 2 - Tues, Jun 6 @ 2pm CT. We opened a second session with the McDermott team given the interest in the first session; this will also be a small group chat discussing value-based contracting topics at a ‘201’ level. There are limited spots available here.
- MA Bids with Duncan Reece - Tues Jun 13 @ 11am CT. Join us in a conversation with HTNer Duncan Reece about his recent series on the Medicare Advantage bid process and how startups can work with MA organizations. Sign up here.
Upcoming Local HTN Meetups:
- Atlanta is hosting its next health tech happy hour on June 15th at 5:30pm at Dad’s. Sign up here.
- Boston is organizing a health tech founders meetup on May 30 at 5pm. Sign up here.
- London is having a Summer Soiree happy hour hosted by Lindus Health on June 15 at 17:30. Sign up here.
- Milwaukee is planning its next happy hour for the month of June. Join in on the convo here.
- Minneapolis-St. Paul is organizing a happy hour hosted by Million Lives Fund and Medical Alley on May 31 at Utepils Brewing. Sign up here.
- Phoenix is working on getting a group together for a health tech meet up. Chime in here.
- Raleigh-Durham is hosting a medical device happy hour tonight. Sign up here.
- San Francisco is hosting a dinner for builders and investors in the care access space on May 31 at 6:30pm. Apply here.
Past Meetups:
- Seattle got a great HTN crew together for a happy hour at Old Stone Brewing!
Note: Make sure you search the Slack channels for the local/city specific channels to be aware of the meetups.
Housekeeping / Channel Adds:
The place to keep a pulse on the living, breathing, thriving community that is HTN. Here we will provide updates on community happenings, new channels, and more.
New channels:
- #topic-product-demos is a channel for HTNers to share and discuss product/service demo videos.
- #event-virtualfirstsandiego2023 is a spot for folks attending V1C West to connect and discuss.
- #event-ahipportland2023 is a place for HTN members attending AHIP 2023.