About this episode
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/ Topics Covered: 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 Resources: Read the article ‘Healthtech x Fintech’s Biggest Prize: The Financial Operating System for Healthcare: https://a16z.com/2023/02/07/healthtech-x-fintechs-biggest-prize/ Read the article ‘ Payvidors, Unbundled: Opportunities in Healthcare Fintech’: https://a16z.com/2022/06/01/payvidors-unbundled-opportunities-in-healthcare-fintech/ Find Julie on Twitter : https://twitter.com/julesyoo Find David on Twitter: https://twitter.com/dhaber Stay Updated: Find a16z on Twitter: https://twitter.com/a16z Find a16z on LinkedIn: https://www.linkedin.com/company/a16z Subscribe on your favorite podcast app: https://a16z.simplecast.com/ Follow our host: https://twitter.com/stephsmithio Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. For more details please see a16z.com/disclosures. Stay Updated: Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.