Paul Sonnier writes:
Group: Wireless Health
Subject: New Mentor at Blueprint Health and Lessons from Venture “Assistant”, Vinod Khosla
Dear Wireless Health group members,
I founded the group to connect people, facilitate knowledge sharing, and accelerate health-related business innovations by entrepreneurs, startups, and established companies. Helping entrepreneurs is something that I’m particularly passionate about. In this context, I am excited to announce that I am now a mentor at Blueprint Health, the health and wellness-focused startup accelerator based in New York City.
In a recent interview, Vinod Khosla – who just closed a new $1B investment fund – stated that he is a “venture assistant”, not a venture capitalist. The hands-on assistance his firm provides to entrepreneurs is a core component of his investment success. A case in point is Jawbone, which was about to go under when Vinod invested in it. Vinod’s partner, David Weiden, made a key introduction to AT&T, whose distribution channel enabled a massive growth in sales, thus saving the company. (It’s noteworthy that UP, the company’s newest product is, you guessed it, a personal connected health solution. Another portfolio company is ZocDoc, the OpenTable-like application for making healthcare appointments.)
Why does this matter? In the relatively chaotic and burgeoning digital health innovation space, the startups that succeed will most likely do so as a result of the hands-on assistance provided by mentors and investors, who partner with them and amplify their talents via strategic advice, key introductions, and the ability to foresee and help guide entrepreneurs through the inevitable pivot points that occur along the way.
In my evolution as a social and business entrepreneur, the Blueprint Health mentor role is a huge step forward and further validation of my efforts. I’m eager to focus my energy on helping entrepreneurs, starting with the inaugural class this January. This is not a full-time role and I’ll continue working with the Wireless-Life Sciences Alliance, serving as a co-chair of the Healthcare Communications SIG at CommNexus San Diego and, of course, curating and building the Wireless Health LinkedIn group.
A brief overview of Blueprint Health:
Blueprint Health is a TechStars affiliated startup accelerator program based in NYC that helps early stage healthcare companies get started. Surround yourself with nearly 100 mentors – healthcare entrepreneurs, VCs and innovators – that want to help you succeed! Over the course of a 3 month program, we support entrepreneurs who are building innovative companies at the intersection of health and technology by providing capital, office space and, most critically, access to the most robust community of healthcare mentors of any accelerator program. We encourage you to learn more and to apply to our Winter program, which starts January 12th, by visiting http://www.blueprinthealth.org/
Also, here’s a link to the fascinating interview with Vinod Khosla: What Cash Crunch? Khosla Ventures Closes Another $1 Billion Fund – http://techcrunch.com/2011/10/13/khosla-ventures-1-billion-fund/
The Centre for Internet and Society invites you to a public lecture by Prof. Radhika Gajalla of Bowling Green State University. She will give a lecture on how microfinance online functions through the social networked online space and the micro-transactional abilities of the interface together work to enhance financialization of the globe.
In her lecture, she will focus on how this is made possible by the increased digitalization of financial practices and the role micro practices play in producing globalization. She will also lay emphasis on the fact that the increased digitalization of finance also means that “financial literacy” is also removed into the virtual space so that it is further away from subaltern daily praxis while simultaneously staging subaltern presence in cosmopolitan space through mobilizing structures of ‘feeling’ that Dr. Shameem Black refers to as “sentimental sympathy”.
Prof. Gajalla’s lecture will also touch upon issues like what online socially networked micro-credit websites do visually and through the use of multiple tools that are embedded in the discourse of interactivity is to make it seem as if the subaltern is indeed participating in these networks. Thus, the appearance of a subaltern presence is produced. In this production of appearance of the subaltern presence in online contexts, just as in other visual and static contexts, the complexity of socio-cultural and economic intersections are not clearly revealed or accounted for. This reproduces exotic notions of the authentic, mummified ‘other’ and offers the subaltern image up for consumption. In turn, as Web 2.0 tools are set up to actually reach the offline subaltern via non-profit or for profit representatives that connect to these online networks, the subaltern in turn is tapped as a consumer for capital.
Radhika Gajjala is a Professor of Media and Communication at Bowling Green State University and Director of the American Culture Studies program. Her book, “Cyber Selves: Feminist Ethnographies of South Asian Women” was published in 2004. She has co-edited collections on “South Asian Technospaces”, “Global Media Culture and Identity” and “Webbing Cyberfeminist Practice: Communities, Pedagogies, and Social Action”. She is presently working on a forthcoming book, “Weavings of the Real and Virtual: Cyberculture and the Subaltern” to be published in 2012 and is also working on two interrelated projects — one on “Microfinance Online and Money in Virtual Worlds and Social Media” in relation to the ITization and NGOization of global socio-economic work and play environments and the other on “Coding and Placement of Affect and Labour in Digital Diasporas”.
# # # # March 4, 2011 # # # #
Haven’t been blogging much personal stuff lately — tweetin’ and Facing mainly (@ed_dodds, @conmergence, @project_network). HIMSS11 has happened; didn’t attend but really looking forward to news out of the 9th Annual Medical Banking Project sponsored Institute, especially the working being done by John Casillas, Jim St. Clair and Eric Cohen on things XBRLish as relates to healthcare and the World Bank/World Health Organization/global health related tangent re: mobile money, mHealth, and mPayments which Angela Dunbar is patiently encouraging. That’s not to say that I don’t appreciate the work that John Phelan and June St. John and a cast of other visionaries are producing, but let’s be honest about where my passion is ;)
Got news this week that vc4africa completed the first venture capital funding deal (market-fleas.com). Ben White et. al. are to be commended for taking the world wide web and making it an asset for African entrepreneurs.
Takeshi Utsumi’s Global University collaboration initiative chugs along as he seeks to extend the Global Early Warning System (GEWS) concept to African nations as the global broadband build out enables cluster clouds to crunch big data virtually anywhere.
Mental Placeholder links here:
The Cloud-Enabled Space Weather Platform
ESG Gateway at the National Center for Atmospheric Research
The Earth System Grid – Center for Enabling Technologies
Ranger Supercomputer Supports Microclimate Forecasting
The majority of the World Convention site rework has been completed. Some tweaking will be on-going. Julia Keith as the hub of cyber activities around Global Women Connecting has been enthusiastic about adopting and extending “all things over IP” comms tools and Gary Holloway continues to travel and meet folks from the global Campbell-Stone family of churches while facing the fundraising challenges all NPOs are dealing with (Deana’s staff [more like family, really] at United Cerebral Palsy of Middle Tennessee have this in spades with the consequences of the Nashville floods on area families and individuals who live with disabilities).
The Shepherds at Woodmont Hills have authorized an ad hoc committee to analyze and review all comms related activity that the congregation currently undergoes in hopes of “shepherding” all of our assets and processes into a more unified and effective approach re: our resources. I hope this will produce an “infrastructure” which will enable the Mission Committee to be as effective as possible re: it’s obligations to our various global colleagues.
“Open” groups continuing to grow on LinkedIn.
More folks investigating Results-Only Work Environments.
Interoperancy and hyperlocality affecting the eNews biz as well as the Edison-Carterification of smart phones and other similar devices.
Time to wade out of this stream of consciousness for awhile…
eHealth and mHealth are data driven and are dependent on both the kinds of information which can be generated and the transport infrastructure which carries them. This week the International Journal of Medical Banking, Vol. 3, will be officially announced at the HIMSS Medical Banking Project’s Eighth National Banking Institute, and it will focus upon innovations related to the convergence of Financial Services and Healthcare. John Casillas, senior vice president, HIMSS Medical Banking Project, is the IJMB’s Editor-in-Chief.
Casillas authors “Designing the Healthcare Financial Network of the Future” wherein he makes the case for the future of medical banking, a term he coined, by reviewing the alignment of stakeholders, the role of bank infomediaries, the emerging health-wealth paradigm, and the need for a common medical banking platform. He advertises more widely the HMBP deployment of the Dispute Resolution Initiative tool, a free online progressive crosswalk of the universe of payer denial codes with a set of 20 action steps; the kind of innovation for which the Blair House Summit attendees rhetorically called. He also advocates the utility of the design of a bank-enabled health information exchange ecosystem.
In “Lessons Learned for Medical Banking from the Financial Services Industry: The Case of a Fraud Prevention Platform as Transformative Innovation”, Allan Klindworth, MBA, and Stephen T. Parente, PhD, reveal the 1993 catalyst for change—predictive modeling. They review the lessons learned regarding fraud indicators, model robustness, real-time assessment, accuracy, measurements, silo mentality, known frauds, and integration. They relate the Financial Services industry parallels to healthcare and expound upon the problem of healthcare fraud, the Financial Services approach to prevention, and the necessity of a change in healthcare culture.
Peter W. Lang, Trellis Integration Partners, gives a technologist’s insight into “High Security Medical Banking via SWIFT,” and the role that the Society for Worldwide Interbank Financial Telecommunications network can play in the area of the transfer of healthcare PII and other valuable data payloads.
John R. Thomas, president and CEO of MedSynergies, Inc., in “Where Have All Your Physician Customers Gone?”, identifies physicians as the perfect bank customers and details the impacts of healthcare reform on physician practices. He interprets the demographics of physician customers and provides six insights and recommendations concerning the business alignments of physicians and their impacts on banks.
Joseph A. Jackson, LICSW, takes on the primary topic of the Blair House Summit, financing health, in “Medicine, Banking and Community Health”. Jackson describes the Community Health Consortium and gives his vision for creating the future.
I plan to discuss these topics at the Institute with the authors and anything related to medbanking social media with you at one of the Meet the Bloggers panels (Wed., March 3, 3:30 pm – 5 pm) moderated by Cesar Torres, Manager, Web Services, HIMSS. I hope to see you there.