Most people don’t need a reminder of the state of healthcare in America. But it’s not just the consumer that’s hurting. Medical debt is increasing, billions are lost in unpaid claims, hospitals are in the red, service prices can range up to 30x….
In this episode, a16z GPs Julie You and David Haber explain where the healthcare system breaks down and how the three party system — between payors, providers, and consumers — can be rethought through the lens of Fintech.
Learn more about Healthcare x Fintech here: https://a16z.com/healthcare-meets-fintech/
00:00 – Introduction
02:50 – The intersection of healthcare and fintech
05:40 – The problems within US healthcare
09:00 – The stats behind US healthcare
12:10 – Where do the problems stem from in healthcare?
15:50 – New opportunities and regulatory changes
17:50 – Pushback on regulations
19:40 – Provider and patient models and transparency
21.10 – The ‘No Surprises Act’ and the ‘Cures Act’
23:20 – Applying fintech infrastructure to healthcare
26:00 – Example: how Juniper in embedding fintech in healthcare
30:10 – Opportunities in the healthcare/fintech market
33:05 – Payvidors unbundled
34:55 – The financial operating system for healthcare
37:40 – How founders can approach the problems
39:23 – The investor standpoint on company opportunities
41:00 – Unsolved problems in the market
45:25 – The bridge between start-ups and incumbents
47:20 – Healthcare incumbent stats
48:50 – The window of opportunity for healthcare and fintech
The a16z Podcast discusses the most important ideas within technology with the people building it. Each episode aims to put listeners ahead of the curve, covering topics like AI, energy, genomics, space, and more.