Inside the secret club that helps determine which healthcare startups blow up - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Inside the secret club that helps determine which healthcare startups blow up

There's a little-known club that matches healthcare startups with companies looking at new ways to provide healthcare benefits to their employees.

But Riff also found he was spending too much time talking with startups, vetting them, and refining their ideas into feasible benefits for Target. Riff left Target in 2014 to join Optum, where he worked for about 2 years. In 2016, he hired Michael Laquere, a fellow former Target benefits employee, as EHIR CEO. Riff later worked as CEO of diabetes company Onduo from 2016 to June 2020.Healthcare startups that participated in EHIR told Business Insider the program accelerated their success, helping them land big clients and grow their companies.

Business Insider spoke with half a dozen employers and healthcare companies that have participated in the program, who described the organization as a "private club" and matchmaking service. EHIR serves as a neutral facilitator, charging a fee for the startups to present, but otherwise not taking a vested interest in promoting the companies.

The venue for the "Shark Tank"-style pitches changes from session to session. Instead of renting conference spaces, the companies take turns hosting. In the early days, it was a way for EHIR to save money, Riff said. "It allows us to get out of this constant vendor harassment that occurs in the marketplace," King said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

bielinko

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Proper Gnar, the First Black Woman-Owned, Beyoncé-Approved Skateboard Company'Skateboarders, they're always so accepting of different people. It also gives you time to be on your own. You can go skating and it's just you, your board, and your thoughts.' propergnar caesars free slots online http://onlinecasinogameslots.com/ - cafe casino online lady luck casino caruthersville best place to gamble in vegas http://onlinecasinogameslots.com/
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »