loader from loading.io

#127: Dr. Vatsal Thakkar: Solving the Pain Point of Filing Claims with Reimbursify

Healthcare Entrepreneur Academy Podcast

Release Date: 10/08/2020

#140: Tactical Tuesday: Decoding Mobile & Web App Development show art #140: Tactical Tuesday: Decoding Mobile & Web App Development

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast talks about the three things he’s learned while researching mobile and web application development.   EPISODE HIGHLIGHTS: First, learning anything new takes time, particularly if you're new to the space. The learning curve can be steep. During his research, Jason learned about software languages such as CSS, C++, HTML, JavaScript and PHP.  Knowing “analysis paralysis” was his worst enemy, Jason gathered information to get up to speed and made quick...

info_outline
#139: Lauren Faison-Clark: Uncomplicating Telemedicine show art #139: Lauren Faison-Clark: Uncomplicating Telemedicine

Healthcare Entrepreneur Academy Podcast

Overview Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast talks to Lauren Faison-Clark, System Line Administrator for Regional Development, Population Health and Telemedicine at Tallahassee Memorial HealthCare. Lauren talks about the value of telemedicine and its rise due to the pandemic and how patients and practitioners alike can benefit from this hybrid form of healthcare.   Episode Highlights Telemedicine is a hybrid model of healthcare which includes services like reimbursements and innovating doctor-patient interaction...

info_outline
#138: Tactical Tuesday: The Biggest Missed Opportunity of a Lifetime show art #138: Tactical Tuesday: The Biggest Missed Opportunity of a Lifetime

Healthcare Entrepreneur Academy Podcast

Overview Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast advises healthcare professionals *not* to miss out on the opportunity of scaling your business by generating online revenue.  Episode Highlights Online opportunities allows you to scale your business services versus working 1:1. You don’t need to have direct online experience. In Jason’s case, no one thought an anesthesia provider could create an online course. And he’s created three: Ketamine Academy, IV Therapy Academy and Course Creator Academy. A few examples...

info_outline
#137: Dr. Justin Norden: Tackling Gnarly Problems with Venture Capital Firms show art #137: Dr. Justin Norden: Tackling Gnarly Problems with Venture Capital Firms

Healthcare Entrepreneur Academy Podcast

Overview Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast talks to Dr. Justin Norden, partner at GSR Ventures. As a serial entrepreneur, Justin talks about healthcare technology, how you should execute your business idea, and how to look for the right investors for your company. Episode Highlights Justin discusses his atypical medical school journey at Stanford and how he transitioned to business school with a focus on entrepreneurship. How did Justin get involved with healthcare technology innovation? How can you best prepare when...

info_outline
#136: Tactical Tuesday: The Pros & Cons of Being a Solopreneur show art #136: Tactical Tuesday: The Pros & Cons of Being a Solopreneur

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast talks about the advantages and disadvantages of becoming a solopreneur.    EPISODE HIGHLIGHTS: A solopreneur is similar to an independent contractor, which includes workers like website developers, plumbers and healthcare workers who receive a 1099. Some of the pros of being a solopreneur are you can take advantage of write-offs, work a flexible schedule and establish your own hourly rate.  Jason shares an example of how to evaluate your income potential as a...

info_outline
#135: Ken Wentworth: Double-Digit Net Margins All Day Long show art #135: Ken Wentworth: Double-Digit Net Margins All Day Long

Healthcare Entrepreneur Academy Podcast

Overview Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast talks to Ken “Mr. Biz” Wentworth, an on-demand fractional CFO and radio show host. Jason and Ken talk about business cash flow and how you can ensure the profitability of your business.   Episode Highlights Ken talks about how he got started as an entrepreneur.   What is a fractional CFO and why do you need one?  Ken provides a macro view on a variety of fractional positions and how they benefit small business.  He also shares why you need to...

info_outline
#134: Tactical Tuesday: It's Okay to Say No show art #134: Tactical Tuesday: It's Okay to Say No

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast talks about how occasionally saying no to new opportunities can help you achieve business success.     EPISODE HIGHLIGHTS: Jason explains why deciding on what not to do is as important as deciding on what to do.  Saying yes is an easy thing to do and it’s a trap. It’s similar to the shiny object syndrome.  Jason recommends sitting on a potential opportunity for 1-2 weeks before making a final decision. Let it marinate. If you’re still...

info_outline
#133: Glen de Vries: Right Patients, Right Therapy, Right Time show art #133: Glen de Vries: Right Patients, Right Therapy, Right Time

Healthcare Entrepreneur Academy Podcast

Overview Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast talks to Glen de Vries, Co-CEO and Co-Founder of  Medidata, a leading online platform for clinical trials. He’s also the author of the book, “The Patient Equation.” In this episode, Glen talks about his career as a healthcare entrepreneur and how he pioneered the use of the internet to improve how physicians diagnose and help patients.   Episode Highlights Glen introduces “The Patient Equation,” his book about how the data revolution is transforming...

info_outline
Bonus Episode Compilation: Key Tips & Advice from Season 1 show art Bonus Episode Compilation: Key Tips & Advice from Season 1

Healthcare Entrepreneur Academy Podcast

OVERVIEW:  Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy shares this bonus episode featuring his most popular guests from season 1 and their key tips and advice for healthcare entrepreneurs.    EPISODE HIGHLIGHTS: Dr. James Neilson-Watt, #25: A Master Class: How to Leverage Business & Marketing Principles Dr. Laura Gasparis Vonfrolio: #1: From RN with Two Jobs to Serial Entrepreneur & Inventor Mike MacKinnon: #19: Finding Entrepreneurial Success through CRNA Training & Small Practice Ownership Jason Duprat:...

info_outline
#132: Tactical Tuesday: Protect Assets & Limit Liabilities with an LLC show art #132: Tactical Tuesday: Protect Assets & Limit Liabilities with an LLC

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast talks about asset and liability protection for your business or start-up.   EPISODE HIGHLIGHTS: Why is it important for you to protect your assets, especially if you’re a business owner? When it comes to being sued, your business is at risk whether you offer a service or a product.  The golden rule is to set up an LLC or a corporation to protect you from personal liability. Jason talks about incorporating in different states as one way to protect your...

info_outline
 
More Episodes

OVERVIEW:

Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast talks to Dr. Vatsal Thakkar, MD, Founder, President and CMO at Reimbursify. Dr. Thakkar talks about his healthcare entrepreneurial journey and creating an innovative process for  managing insurance claims through Reimbursify. He also discusses how technology is a great tool to generate revenue and elevate healthcare services for patients.

 

EPISODE HIGHLIGHTS:

  • Dr. Thakkar talks about his journey becoming a physician and how he started his own private psychiatric practice. 
  • He recommends catering to the natural demand of a specialty niche in the healthcare space.  
  • Insurance companies save money by saving time, which often results in reduced  patient care quality. 
  • Dr. Thakkar has flipped the model of assembly line medicine by streamlining the filing process for claim forms.  
  • He saw his patients struggling to file insurance claims. As a result, he created Reimbursify, which eliminates paperwork headaches, elevates workflows and introduces a new way to deal with claims effectively and efficiently.
  • The development of Reimbursify was guided by the desire to keep it simple,  easy, effective and accurate. The app allows patients to file an out of network claim on a smartphone.
  • With the soul of CTO, Dr. Thakkar believes automation can be a friend for practices and clinics. Two examples include outsourcing call answering and online appointment scheduling.  
  • Ultimately, the goal of Reimbursify is to serve as a high-tech, low-cost tool to aid practice flow and generate more business. 
  • Technology is necessary to run an office or practice. 
  • Be intentional about embracing entrepreneurship in your healthcare practice. If you’re worried about making the leap, you’re probably going to be a good entrepreneur. 

 

3 KEY POINTS:

  1. Most healthcare professionals don’t realize their own market power and ability to generate business and income. Seek new opportunities and learn new ways to enter into the business scene. 
  2. Reimbursify is a patient-friendly, innovative platform to file insurance claims and  track reimbursements.
  3. Introduce “entrepreneurialism” in little ways and be less afraid to take the leap. Being worried about taking risks is usually a good sign and would probably have a more positive outcome than you first expected.

TWEETABLE QUOTES:

“(Filing claims) Needs to be digitized, simple, easy and accurate.” - Dr. Vatsal Thakkar

 

“Many practitioners don’t realize cash practices are reimbursible services for patients.” - Dr. Vatsal Thakkar

 

RESOURCES MENTIONED:

Reimbursify - https://reimbursify.com/

Reimbursify (Practitioners) - https://reimbursify.com/practitioners/

#HealthcareEntrepreneurAcademy #healthcare #entrepreneur #entrepreneurship #healthcaretechnology #healthcareinnovation #healthcareapp #patientcare