Medicine, Paperwork And How Startups Can Help

1 min read

If images speak a thousand words the following ones will illustrate the point resoundingly. A) We spend more on healthcare as a % of our GDP than other comparable countries: B) Higher administrative costs is very much one of the drivers of that higher spend: C) In fact, our administrative spend as a % of healthcare has only been increasing: D) And to put it in actual dollar numbers, just billing and insurance amount to almost $500B: Many startups are trying to solve this massively imbalanced system. Examples just from the Tau portfolio: – Glidian and Banjo Health are focused…...

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Amit Garg I have been in Silicon Valley for 20 years -- at Samsung NEXT Ventures, running my own startup (as of May 2019 a series D that has raised $120M and valued at $450M), at Norwest Ventures, and doing product and analytics at Google. My academic training is BS in computer science and MS in biomedical informatics, both from Stanford, and MBA from Harvard. I speak natively 3 languages, live carbon-neutral, am a 70.3 Ironman finisher, and have built a hospital in rural India serving 100,000 people.