109: Michael Waterbury, CEO of Goodroot - Eliminating Medical Debt, Cutting $1B in Waste, & Making Care Affordable

Michael Waterbury, dubbed the "Tenth Man of Healthcare," is a bold advocate for industry transformation. With 25+ years of experience at leading U.S. healthcare organizations, he challenges misaligned incentives, rising medical debt, and outdated systems. His vision is a healthcare system where insured individuals aren’t overwhelmed by out-of-pocket costs.This passion inspired him to create Goodroot, a community of companies committed to reimagining healthcare for greater affordability and accessibility. To date the Goodroot community of companies have already removed over $1B in waste from our healthcare system and brought solutions to market that are lowering cost for 1 out of every 10 Americans.In this episode, he covers the inefficiencies in drug pricing, the impact of PBMs on healthcare costs, and the significant issue of medical debt. Mike also highlights his journey from a successful executive to an entrepreneur, founding RemedyOne and later Goodroot, a company aimed at revolutionizing healthcare one system at a time. He shares insights on building successful companies, the importance of mission and culture, and his bold predictions for the future of healthcare.Thank you so much for listening and thank you for joining the Design Development community. Don't forget to subscribe to hear about the latest episodes dropping every Wednesday. If this episode resonated with you, share it with a friend.Our goal is to help people in the industry identify opportunities for growth by sharing the journey of top performers. There is no one path. Success isn't a straight line. There is something to learn from everyone's story. Let's go!Leave your thoughts in the comments and reach out if you want to be a valuable guest on the show! Follow us on LinkedIn, Instagram & YouTubeFind out more at https://h-o.engineering/podcasts/

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