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Mar 28, 2024

Balancing Mission and Margin in Healthcare: Lessons from Kate Wolin

In Episode 432 of 'Relentlessly Seeking Value,' host Stacey Richter discusses with behavioral epidemiologist and digital health entrepreneur Kate Wolin about the challenges and opportunities in merging clinical care with efficient business practices. They explore the pitfalls of scaling healthcare services while maintaining patient outcomes and why human-centered approaches are vital. They stress the importance of aligning investors, founders, and clinical leaders, measuring meaningful outcomes, and fostering a mission-driven culture to ensure both financial sustainability and high-quality patient care. The episode also highlights relevant episodes and resources for further exploration.

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00:00 Welcome to Episode 432: Navigating Healthcare's Margin and Mission
00:32 Gratitude and Progress in Healthcare
01:25 The Peril of Cutting 'Clinical Waste' in Healthcare
04:00 Kate Wolin's Optimism and Advice for Healthcare Entrepreneurs
05:56 Exploring Effective Healthcare Interventions and Their Challenges
14:33 The Impact of Money on Healthcare Mission and Margin
26:51 Advice for Healthcare Entrepreneurs and Investors
37:51 Closing Thoughts and Invitation to Subscribe