Tuesday Jun 20, 2023
Creating and Funding Innovations in Patient Care with Triventures’s Dr. Peter Fitzgerald
On today’s episode of the Medical Imaging for All podcast, Ohad speaks with Dr. Peter Fitzgerald, Co-Founder and Managing Partner at Triventures, a global, early stage fund that invests in exceptional entrepreneurs. They discuss how Peter's career has evolved from studying engineering to funding new medical device technology, the current state of innovation in healthcare, and where it's going — and what needs to happen to get it there. They also discuss how data collection will transform patient care, how healthcare is becoming more consumer-focused, and how we need to answer the question "Who pays?"
Topics discussed:
- How Peter "stumbled into" a career that took him from engineering to med school, and then to a focus on creating innovation in medical device technology and funding companies who do so as well.
- The reasons why medical technology can take a long time to adopt, especially when it comes to moving the needle for big tech companies.
- Where Peter sees the future of medical devices heading, and how data collected from connected devices will improve patient care.
- How healthcare is becoming more consumer and patient driven, as well as how it will become much more integrated into someone's everyday life.
- The question around "Who pays?" in today's healthcare systems, and how innovative companies need to integrate themselves into today's health systems.
- How medical imaging can allow a person to see inside of themselves, which can better engage them with treatment and care.
- Why physicians don't have to reinvent processes, but can rely on technology, devices, and professionals accessible in the cloud.
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