Venkat Mocherla
๐ค SpeakerAppearances Over Time
Podcast Appearances
This moment where, again, as I saw my parents in a Waymo car yesterday together going off and experiencing the ride, this is like an amazing time to give superpowers to clinicians, to the administrative teams, to patients, and change the experience of how you navigate healthcare, how you administrate it, and how you deliver healthcare.
This moment where, again, as I saw my parents in a Waymo car yesterday together going off and experiencing the ride, this is like an amazing time to give superpowers to clinicians, to the administrative teams, to patients, and change the experience of how you navigate healthcare, how you administrate it, and how you deliver healthcare.
So I think this is the most optimistic, bullish time I've ever been in my 15-year career doing this. And the advice I always have is this. Focus on customers. I think I've said this before. Focus on your team and then think about capital. Do not invert that trend. Don't think about investment first, then your team, and then customers. So that's one. Focus on the last mile. I think that's another.
So I think this is the most optimistic, bullish time I've ever been in my 15-year career doing this. And the advice I always have is this. Focus on customers. I think I've said this before. Focus on your team and then think about capital. Do not invert that trend. Don't think about investment first, then your team, and then customers. So that's one. Focus on the last mile. I think that's another.
The last thing I'll say is it genuinely takes a village. The only reason that Midstream has gotten off the ground with I think a world class team, a world class set of investors, world class set of partners is I've been able to build this village because so many people have generous been generous to me and our team and my co-founder.
The last thing I'll say is it genuinely takes a village. The only reason that Midstream has gotten off the ground with I think a world class team, a world class set of investors, world class set of partners is I've been able to build this village because so many people have generous been generous to me and our team and my co-founder.
And so do not you know, people are so generous in terms of people like you, Scott, and others in my career, you know, have been so generous with their time and mentorship. And so you, you often, I think people just, they say, I think you might've told me this, Scott is like, you ask for money, you get advice and you ask for advice, you get money, you know?
And so do not you know, people are so generous in terms of people like you, Scott, and others in my career, you know, have been so generous with their time and mentorship. And so you, you often, I think people just, they say, I think you might've told me this, Scott is like, you ask for money, you get advice and you ask for advice, you get money, you know?
And so, so you sort of, I think when you reach out to somebody genuinely out of like, Hey, I'm trying to navigate this, you've, you've been in this space for 15, 20 years, whatever it is, can you help me, you know, navigate it versus just asking for dollars or asking for, you know, business from a customer, that's a very different approach.
And so, so you sort of, I think when you reach out to somebody genuinely out of like, Hey, I'm trying to navigate this, you've, you've been in this space for 15, 20 years, whatever it is, can you help me, you know, navigate it versus just asking for dollars or asking for, you know, business from a customer, that's a very different approach.
The last thing I'll sort of say for, you know, I think, you know, investors in this space, I think my advice to investors who are outside of health care coming into health care is that there's just never been a better, better time in this space that this is a four and a half trillion dollar problem set in the US. But globally, I think the issues are actually, you know,
The last thing I'll sort of say for, you know, I think, you know, investors in this space, I think my advice to investors who are outside of health care coming into health care is that there's just never been a better, better time in this space that this is a four and a half trillion dollar problem set in the US. But globally, I think the issues are actually, you know,
quite similar in some senses and obviously different. And so I think that there's never been a better time for investors to come in. The only thing I'll sort of tell them is that, you know, from the outside in looking in in American health care, a lot of things might make sense on paper. So, you know, revenue cycle in AI seems like such an obvious fit. But there's so many nuances.
quite similar in some senses and obviously different. And so I think that there's never been a better time for investors to come in. The only thing I'll sort of tell them is that, you know, from the outside in looking in in American health care, a lot of things might make sense on paper. So, you know, revenue cycle in AI seems like such an obvious fit. But there's so many nuances.
So for people, again, coming into this space for the first time, get into the details of those nuances because payment flows, regulatory policy, all the stakeholders that are involved in making a decision set are radically going to influence an ability for a business to come in and scale at the speed at which venture capital wants it to scale.
So for people, again, coming into this space for the first time, get into the details of those nuances because payment flows, regulatory policy, all the stakeholders that are involved in making a decision set are radically going to influence an ability for a business to come in and scale at the speed at which venture capital wants it to scale.
For people who've been inside the space forever in healthcare, who do not need a PhD paper on RevCycle, because they've been through 10 RevCycle companies, I think I've been amazed at the set of talent coming in from the outside in.
For people who've been inside the space forever in healthcare, who do not need a PhD paper on RevCycle, because they've been through 10 RevCycle companies, I think I've been amazed at the set of talent coming in from the outside in.
It used to be, Scott, I think you and I have been, we've seen a lot of these entrepreneurs that frankly not are as humble, not as sort of growth-oriented in learning, but this new generation of entrepreneurs, Scott, been very impressed. They are headfirst. They want to learn. They're so eager, so curious.
It used to be, Scott, I think you and I have been, we've seen a lot of these entrepreneurs that frankly not are as humble, not as sort of growth-oriented in learning, but this new generation of entrepreneurs, Scott, been very impressed. They are headfirst. They want to learn. They're so eager, so curious.