Q: What Happens When Incentives Meet Information in Healthcare?
A: "Capitalism gets a second chance." - Bryan Roberts, Partner at Venrock
Capitalism and free market forces, the bedrocks of US economic success, have rarely been seen in our country’s largest industry – Healthcare. We are all familiar with the failings in cost and outcomes that is the multi-headed hydra that is the patient – payer – provider ecosystem. Costs increase faster than GDP, while wages for physicians fall. Administrative personnel now number an amazing 16 per MD. The examples go on and on. However, the last five years have witnessed the beginnings of change as the twin forces of incentives and information combine to dramatically reshape the workings of our healthcare system. Entrepreneurs have realized this opportunity and are seizing it across many dimensions in HC – it is fascinating, exciting and still in its infancy.
Please note that registration closes one hour prior to the session.
Date: Tuesday, February 11, 2014
Time: 12:00 noon - 1:00 pm ET
Location: Virtual. Dial-in information will be sent the evening prior to the call.
Cost: FREE for members; $25 non-members
Bryan Roberts, PhD
Bryan joined Venrock as a Kauffman Fellow in 1997. He is based in Venrock’s Palo Alto office and focuses on a broad range of healthcare investments. Bryan is currently Chairman of the Board of Directors of Achaogen, Castlight Health, and Ironwood Pharmaceuticals (NASDAQ: IRWD), in addition to serving on the Board of several other private companies. Past investments include athenahealth (NASDAQ: ATHN), Illumina (NASDAQ: ILMN) and Sirna Therapeutics (acquired by Merck). Bryan was named a Henry Crown Fellow by the Aspen Institute in 2006 and has been the highest-ranking healthcare investor on Forbes’ Midas List since 2008.
Immediately prior to joining Venrock, Bryan received his PhD in Chemistry & Chemical Biology from Harvard University. He previously held positions in corporate finance at Kidder, Peabody & Co and received his BA from Dartmouth College.