Digital Health Heavyweights
This conversational podcast brings you exclusive interviews with all the Heavyweights in Digital Health. Hosted by Norm Volsky, a top industry headhunter, whose team helped scale companies including Livongo, Hinge Health, Lyra, Virta, Progyny and many more. This series will bring listeners insights into the latest trends, technologies, and strategies driving the digital health revolution.
In each episode, Norm sits down with some of the most influential and innovative leaders in healthcare technology today from legendary founders who have built successful companies, venture capitalists who have led funding rounds, HR/Benefits leaders at forward thinking companies, Consultants and Brokers at the top benefits consulting firms, and other impactful visionaries challenging the status quo in healthcare. Listeners can learn from the industry greats who have created what we now know as health benefits, and who are changing the face of healthcare as we know it.
Whether you're a healthcare professional, a tech enthusiast, a start-up founder, benefits aficionado, jobseeker in Digital Health, or simply curious about the future of healthcare, Digital Health Heavyweights has something for you.
Digital Health Heavyweights
Episode 22: Pramod John, CEO of VIVIO Health
In this episode of the Digital Health Heavyweights podcast, Norm Volsky interviews Pramod John, CEO of VIVIO, who discusses his journey from technology to healthcare, the inefficiencies of the current healthcare system, and the mission of VIVIO to provide data-driven solutions that improve patient outcomes while reducing costs. Pramod emphasizes the need to rethink the role of pharmacy benefit managers (PBMs) and advocates for a healthcare model that prioritizes transparency and efficiency. He shares insights on the importance of data in healthcare decision-making and the responsibility of leaders to act in the best interests of patients and the healthcare system.
Takeaways
💡 Pramod John transitioned from tech to healthcare to address large-scale problems.
💰 The U.S. spends almost as much on healthcare as the rest of the world combined.
🕵️♂️ Healthcare inefficiencies are likened to a 'mobbed up' industry.
🚫💊 VIVIO aims to eliminate the need for PBMs in healthcare.
📊 Data is crucial for determining the right drug for the right patient.
🏥 Healthcare should be treated as a public trust, not a public trust fund.
🎯 The right drug for the right person at the right price is VIVIO's mission.
⚠️ Incentives in healthcare often lead to poor decision-making.
❌📦 The PBM model is unnecessary and should be replaced.
🧑⚕️💬 Healthcare leaders have a social responsibility to act in the best interests of patients.
Chapters
00:00 Introduction to Pramod John and VIVIO
02:05 The Shift from Tech to Healthcare
04:13 Understanding Healthcare Expenditures
07:03 Founding Oration and Lessons Learned
15:07 Building Teams and Managing People
18:02 The Mission of VIVIO
23:01 Data-Driven Healthcare Solutions
26:56 Challenging the PBM Model
31:00 The Case Against PBMs
36:10 Incentives and Accountability in Healthcare
39:34 The PBM Tax and Its Impact
39:44 Using Data for Effective Drug Management
45:17 Personal Health Practices and Insights
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