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EPISODE SUMMARY
In this episode, Dr. Liz Kwo, host of DigitalMD, interviews Dr. Alexi Nazem, co-founder and CEO of Nomad Health, a marketplace for freelance clinical work. They discuss the challenges and opportunities of building a successful business in healthcare, the importance of understanding the payment systems, and the role of technology in disrupting the industry.
5 KEY TAKEAWAYS
- Healthcare is a complex industry with a three-party transaction system, making it challenging to build a successful business.
- Entrepreneurs must focus on creating value by increasing quality, reducing costs, or improving speed to make their business viable.
- Nomad Health disrupted the locum tenens staffing industry by introducing transparency, self-service, and technology, leading to better user experience and lower costs.
- Entrepreneurs should be willing to fail fast, learn from their mistakes, and pivot their business when necessary.
- The healthcare industry is at an inflection point, with new biotechnologies and care delivery technologies offering opportunities for significant change.
BOOK PROMO
📚 Delve into the future of healthcare with Dr. Liz Kwo’s book “Digital MD: Revolutionizing the Future of Healthcare.” Order now by visiting my website at https://www.digitalmd.co/
TIMESTAMPS
00:00 START - Introduction to the episode and guests
01:30 - Dr. Alexi Nazem's background and career in healthcare
04:00 - Challenges of building a successful business in healthcare
08:30 - Nomad Health's innovations and success in the locum tenens staffing industry
12:00 - The role of technology in disrupting the healthcare industry
17:30 - Lessons learned as an entrepreneur and advice for aspiring entrepreneurs
19:00 - Dr. Alexi Nazem's thoughts on the future of healthcare innovation
20:00 - Closing remarks and hot take questions
🔗 CONNECT WITH DR. ALEXI NAZEM:
LinkedIn: https://www.linkedin.com/in/agnazem/
🔗 CONNECT WITH DR. LIZ KWO:
LinkedIn: Dr. Liz Kwo’s LinkedIn
Email: liz.kwo@everlyhealth.com
RESOURCES