HEALTH TECH
SHIV GAGLANI
In the Mind of a Serial Health
Tech Entrepreneur
An Interview with Dave Chase
D
ave Chase could be called a Renaissance
Man. He’s sold a company to WebMD,
created Microsoft’s Health Care vertical,
written the 2014 Health Care Book of the Year,
produced a documentary, and won Nordic ski
competitions. Most recently, he launched a venture
fund focused on startups tackling health care’s
“quadruple aim.” I recently caught up with Dave and
we discussed a variety of different topics.
What is your
background in health
innovation and
technology?
I’m a tech startup founder
who began my career
implementing health
information technology
systems into hospitals. I
went on to found Microsoft’s health care vertical. This meant my job was
getting companies such as Cerner, McKesson, and
others to build their solutions around Microsoft
technology. This is a $2 billion revenue business for
Microsoft today (not to be confused with the more
recent health care-specific software Microsoft built
after I left the company). My most recent company,
Avado, was acquired by WebMD. I’m now investing
in health tech companies.
Can you describe the “quadruple aim”?
When you create a great care team experience
that naturally leads to a greatly improved patient
experience. Time and again, that dynamic creates
a partnership between the professionals on the
care team as well as the non-professionals on the
care team—the patient and their caregivers. When
this happens, it leads to improved outcomes and
that naturally leads to lower costs when there is a
proper model put in place.
Your fund has already made three investments.
What types of companies are you looking for?
We outline it at healthfundr.com/quad_aim_fund:
ACC.org/CSWN
“We invest in software and tech-enabled services