Thursday Jul 18, 2024
Dr. Kavita Patel Discusses Women’s Leadership and Wealth Creation in Healthcare
Did you know that improving preventive care can significantly impact your health plan's star ratings? Everly Health Solutions is the leader in at-home lab testing for health plans. Their convenient, member-centric approach has helped plans achieve industry-leading results. In just one year, Everly Health Solutions helped a multi-state Medicare group improve 15 of their plans by at least one star! That's a win for members, providers, and the plans themselves.
Learn how Everly Health Solutions can elevate your health plan at EverlyHealthSolutions.com
EPISODE SUMMARY:
In this episode, Dr. Patel shares her extensive experience transitioning from public policy to venture capital, highlighting her focus on healthcare reforms and women’s health initiatives. We delve into her insights on the intersection of healthcare policy and investment, the role of women in healthcare leadership, and the importance of maintaining clinical practice to stay grounded in the healthcare mission.
5 KEY TAKEAWAYS:
1.Transition from Policy to Venture Capital: Dr. Patel discusses her unexpected shift from healthcare policy under President Obama to the venture capital sector, driven by a desire to impact healthcare innovation directly.
2.Empowering Female Leaders in Healthcare: We explore strategies for empowering women in healthcare leadership, emphasizing confidence, wealth creation, and the significance of portraying a billion-dollar company mindset.
3.The Importance of Clinical Practice: Dr. Patel emphasizes maintaining a clinical practice as a grounding element that keeps her connected to the primary purpose of healthcare—improving patient outcomes.
4.Advice for Healthcare Innovators: She shares valuable advice for healthcare professionals and innovators, encouraging them to think big, pursue wealth creation for broader impact, and embrace their roles in shaping healthcare’s future.
5.Vision for Healthcare’s Future: Reflecting on the future, Dr. Patel is optimistic about the potential of AI and other innovations to revolutionize healthcare, stressing the need for policy frameworks that support sustainable technological integration.
📚 Order my book Digital MD: Revolutionizing the Future of Healthcare
TIMESTAMPS:
00:00 - START
01:50 - Dr. Patel’s journey from healthcare policy to venture capital
05:30 - Challenges and rewards of being a female leader in healthcare
10:20 - The critical role of maintaining clinical practice
15:45 - Advice for upcoming healthcare leaders and innovators
20:35 - Predictions for the future of healthcare technology and policy
GUEST INFO:
Dr. Kavita Patel
•Role: Physician, Venture Advisor, Professor of Medicine at Stanford
•Background: Kavita Patel, MD, MS is a physician based in Washington DC who advises healthcare companies as a Venture Partner at New Enterprise Associates. With extensive experience in public policy, Dr. Patel previously served as Director of Policy for the White House under President Obama and as Deputy Staff Director to the late Senator Edward Kennedy. During her tenure in these roles, she played a pivotal role in pandemic preparedness and healthcare reform efforts. Dr. Patel's research on healthcare quality and community-based interventions for mental illness has received national recognition, and she has authored numerous papers and book chapters on healthcare reform and health policy. She is also an NBC/CNBC contributor. Most recently, she was appointed as a professor of medicine at the Stanford University School of Medicine
•Email: drkavitapatel@gmail.com
- LinkedIn: https://www.linkedin.com/in/kavita-patel-46a7724b/
🔗 CONNECT WITH LIZ
LinkedIn: https://www.linkedin.com/lizkwo
Email: liz.kwo@everlyhealth.com
Website: http://www.digitalmd.co/
RESOURCES MENTIONED:
•Digital MD: Dr. Liz Kwo’s book on revolutionizing healthcare through digital innovation. https://www.digitalmd.co/
•NEA (New Enterprise Associates): Venture capital firm focusing on technology and healthcare innovations. https://www.nea.com/