Dhrooti Vyas
👤 PersonAppearances Over Time
Podcast Appearances
Thank you so much, Scott, and thank you for having me on. So as Scott said, I'm Driti. I'm a healthcare entrepreneur, builder, and investor. I most recently founded a value-based care enablement startup called Crosswalk Health, which helps EMS agencies get compensated for the high-impact, often invisible care they deliver in the community.
Thank you so much, Scott, and thank you for having me on. So as Scott said, I'm Driti. I'm a healthcare entrepreneur, builder, and investor. I most recently founded a value-based care enablement startup called Crosswalk Health, which helps EMS agencies get compensated for the high-impact, often invisible care they deliver in the community.
Thank you so much, Scott, and thank you for having me on. So as Scott said, I'm Driti. I'm a healthcare entrepreneur, builder, and investor. I most recently founded a value-based care enablement startup called Crosswalk Health, which helps EMS agencies get compensated for the high-impact, often invisible care they deliver in the community.
I'm now working on something new, but today I'll tell you about Crosswalk, and then I'll tell you a bit about what I've learned about building venture-scale businesses in healthcare more broadly.
I'm now working on something new, but today I'll tell you about Crosswalk, and then I'll tell you a bit about what I've learned about building venture-scale businesses in healthcare more broadly.
I'm now working on something new, but today I'll tell you about Crosswalk, and then I'll tell you a bit about what I've learned about building venture-scale businesses in healthcare more broadly.
Yeah, so I am working on a new healthcare company creation platform. Healthcare incubations are a particularly fantastic way to commercialize innovation in this industry. And I can share some of the reasons why I am very bullish about this thesis and how we're thinking about it.
Yeah, so I am working on a new healthcare company creation platform. Healthcare incubations are a particularly fantastic way to commercialize innovation in this industry. And I can share some of the reasons why I am very bullish about this thesis and how we're thinking about it.
Yeah, so I am working on a new healthcare company creation platform. Healthcare incubations are a particularly fantastic way to commercialize innovation in this industry. And I can share some of the reasons why I am very bullish about this thesis and how we're thinking about it.
Yeah. So I am thinking about venture scale health care companies and those that have the potential to generate financial return on a seven to 10 year time frame and have the potential to exit for call it over 100 million dollar outcome. And it's very interesting when we think about healthcare startups.
Yeah. So I am thinking about venture scale health care companies and those that have the potential to generate financial return on a seven to 10 year time frame and have the potential to exit for call it over 100 million dollar outcome. And it's very interesting when we think about healthcare startups.
Yeah. So I am thinking about venture scale health care companies and those that have the potential to generate financial return on a seven to 10 year time frame and have the potential to exit for call it over 100 million dollar outcome. And it's very interesting when we think about healthcare startups.
If you look at the traditional pathway of starting a startup, so for example, if you look at healthcare startups that go through Y Combinator, Y Combinator's overall realized moik on healthcare is that Somewhere between 1 and 2x, whereas in the consumer and fintech investments, that hovers closer to 7 to 8x.
If you look at the traditional pathway of starting a startup, so for example, if you look at healthcare startups that go through Y Combinator, Y Combinator's overall realized moik on healthcare is that Somewhere between 1 and 2x, whereas in the consumer and fintech investments, that hovers closer to 7 to 8x.
If you look at the traditional pathway of starting a startup, so for example, if you look at healthcare startups that go through Y Combinator, Y Combinator's overall realized moik on healthcare is that Somewhere between 1 and 2x, whereas in the consumer and fintech investments, that hovers closer to 7 to 8x.
And if you look at the flip side, if you look at health care, health tech companies that have successfully exited for over $100 million since the passage of the ACA, and returned investor capital, it's some 17.5% of those are incubations or corporate spinoffs. Think companies like TrellisRx or Landmark Health.
And if you look at the flip side, if you look at health care, health tech companies that have successfully exited for over $100 million since the passage of the ACA, and returned investor capital, it's some 17.5% of those are incubations or corporate spinoffs. Think companies like TrellisRx or Landmark Health.
And if you look at the flip side, if you look at health care, health tech companies that have successfully exited for over $100 million since the passage of the ACA, and returned investor capital, it's some 17.5% of those are incubations or corporate spinoffs. Think companies like TrellisRx or Landmark Health.
Some are slightly more complex stories, two entities that merged and then brought in some corporate backing. Progeny's story looks something like this. But, you know, when I think about these data points, my takeaways are twofold. One is that there's a lot of complexity to the American health care system.
Some are slightly more complex stories, two entities that merged and then brought in some corporate backing. Progeny's story looks something like this. But, you know, when I think about these data points, my takeaways are twofold. One is that there's a lot of complexity to the American health care system.