Value Propositions in Digital Health - Lean Launchpad UCSF Course

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Value Propositions Lean Launchpad: Digital Health UCSF Entrepreneurship Center October 1, 2013 Abhas Gupta, MD Mohr Davidow Ventures @abhasguptamd

Transcript of Value Propositions in Digital Health - Lean Launchpad UCSF Course

Page 1: Value Propositions in Digital Health - Lean Launchpad UCSF Course

Value Propositions Lean Launchpad: Digital Health

UCSF Entrepreneurship Center October 1, 2013

Abhas Gupta, MD Mohr Davidow Ventures

@abhasguptamd

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HC Costs are a BFD

“Healthcare costs will be the preeminent social and political issue of the next decade”

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What is Digital Health?

Software Healthcare

+/- Consumers

Venture Profile: Fast to fail, low capital intensity,

highly scalable, +/- regulatory burden

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Why now?

Technology Adoption

Data Consumer Reach

Evolving Business Models

ACOsCapitation

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Business Model Canvas

Product/Market Fit, Customer Growth, Revenue and Costs, Partnerships and Operations

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Broader Context

Competitive Landscape

Regulatory Changes

IndustryTrends

Become your own expert!

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Value Propositions

This Week

Next Week

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Key Customers

Consumers Employers Providers

Insurers + Government Producers

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Learning Loops

Consumers Employers Providers

Insurers + Government Producers

MVP? MVP? MVP?

MVP? MVP?

Hypothesis, Experiment, Data, Insight

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Consumers

Convenience Better Quality (perceived)

Lower Costs

Other Factors: Privacy, social, comfort, delight, decision support, outcomes...

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Employers

Lower Costs Employee Satisfaction

Productivity

Other Factors: Lower administrative burden, hiring advantages, culture, ...

Work output Engagement Absenteeism

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ProvidersWhat is their business model?

Fee-for-Service !

Reimbursement Productivity

... Retention

At-Risk !

Cost Reduction (Outcomes, Technology)

In-Network Productivity

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Insurers + Government

Core Business !

Productivity Provider Offerings

Acquisition/Retention Risk Analytics Compliance

!(Self-Insured) Employers

As Fiscal Intermediaries:

Consumers

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Producers

Core functions -> Enterprise SaaS opportunities

Pharma, Medical Devices, Cloud-based EMRs

Increase Sales of Existing Business

Enter New Lines of Business

Cost & Risk Reduction

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Key Customers

Consumers Employers Providers

Insurers + Government Producers

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This Week’s BIG IDEA

Strength ofValue Proposition is proportional to

Pricing!

ROI > Outcomes > Access > Convenience

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Looking Ahead

This Week

Next Week

Product & MVPs: 10-20 interviews with key customers/users !Efficiently Sample Customers: Start with breadth, transition to depth !In 2 weeks, you should have Product/Market Fit down cold!

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