Medsider: Learn from Medtech and Healthtech Founders and CEOs - podcast cover

Medsider: Learn from Medtech and Healthtech Founders and CEOs

Scott Nelsonmedsider.com
Learn from the brightest CEOs in medtech and healthtech. That's our primary goal with Medsider. We unpack the strategies, tactics, and secrets behind the most successful startups. Join tens of thousands of ambitious doers and get access to the top medical device and health technology thought leaders.
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Episodes

The Biggest Mistakes Medical Device Companies Make When Commercializing in Europe: Interview with Michael Branagan-Harris, CEO of Device Access UK

Michael Branagan-Harris is the CEO of Device Access UK and has been involved in the marketing of medical devices to the National Health Service (NHS) for the last 27 years. Products he’s commercialized range from simple wound dressings to the introduction of the Lap Band for obesity, endovascular graft repair, endo laparoscopic surgery, and the...[ read more ] Related Stories How Will These 2 Major Healthcare Changes Affect Medical Device Companies? Substantial and Sustainable – 2 Words That Med...

Mar 07, 201741 min

Conquering the Coverage and Reimbursement Landscape: Interview with Bruce Shook, President of Intact Vascular

Bruce Shook joined Intact Vascular in 2014 as President and CEO. A highly-experienced, medical device executive with more than 30 years of industry experience, Bruce was previously Co-founder, Director, President, and CEO of Neuronetics, which is a privately held medical device company that markets a non-invasive brain stimulation technology for the treatment of depression. Previously...[ read more ] Related Stories Why Intersect ENT is an Example of Hope for the Medtech Industry Are Medical Dev...

Feb 21, 201743 min

How to Go from Physician to Medtech Entrepreneur: Interview with Dr. Bob Smouse, CEO of BrightWater Medical

Dr. Bob Smouse has over 20 years of experience in interventional radiology, endovascular surgery and clinical research. In addition to acting as CEO and CMO of BrightWater Medical and teaching at the University of Illinois College of Medicine, he provides interventional medical services to local hospitals through Central Illinois Radiology Associates. Dr. Smouse is a...[ read more ] Related Stories Why Intersect ENT is an Example of Hope for the Medtech Industry Are Medical Device Models the Key...

Feb 09, 201747 min

Managing a Clinical Trial with a Small Team and Lessons Learned Raising Money for an Early Stage Medtech Startup: Interview with Dr. Marie Johnson, Founder of AUM Cardiovascular

More than a decade ago, AUM Cardiovascular founder Dr. Marie Johnson was a doctoral student when tragedy struck her and her family. Her husband, Rob, passed away suddenly at the age of 41. He had blockages in his coronary arteries including a ruptured plaque in the left anterior descending artery supplying a large part of...[ read more ] Related Stories Why Intersect ENT is an Example of Hope for the Medtech Industry Are Medical Device Models the Key to Building a Lean Medtech Startup? Substanti...

Feb 01, 201741 min

The Power of Networking in Medtech, Challenges in Developing the Renal Denervation Market, and the Value of Cross-Functional Experience: Interview with Shaun Bagai, CEO of RenovoRx

Shaun Bagai is the CEO of RenovoRx. He has over 16 years of medtech experience across multiple functional areas like clinical research, sales, marketing, and market development. He was instrumental in developing the European market for renal denervation, which led to the acquisition of the first renal denervation company, Ardian, by Medtronic in 2011. Most ...[read more] Related Stories Why Intersect ENT is an Example of Hope for the Medtech Industry Are Medical Device Models the Key to Building...

Jan 22, 201743 min

The Importance of Medical Device Sales Experience, the Rocket Ship that was Acclarent, and How to Achieve Personal Growth as a Medtech Leader: Interview with Bill Facteau, President and CEO of Earlens

Bill Facteau joined Earlens Corporation as Chairman, President, and CEO in November of 2013. Most recently, he was the Vice Chairman of ExploraMed, a medical device incubator based on the West Coast and an Entrepreneur in Residence at New Enterprise Associates. Previously, Bill was at Johnson & Johnson from early 2010 through early 2012 as...[ read more ] Related Stories Why Intersect ENT is an Example of Hope for the Medtech Industry Are Medical Device Models the Key to Building a Lean Medt...

Jan 09, 201745 min

Why Curiosity and Persistence are Crucial Characteristics for Medtech Entrepreneurs: Interview with the Legendary Dr. John Simpson, Executive Chairman of Avinger

Dr. John Simpson . Even if you’re a medical device newbie, you’ve probably heard of him. He’s credited with inventing and commercializing the first over-the-wire balloon catheter used for percutaneous transluminal coronary angioplasty (PTCA). This single idea created the field of interventional cardiology as we know it today. Over the course of his renowned medtech career...[ read more ] Related Stories Why Intersect ENT is an Example of Hope for the Medtech Industry Are Medical Device Models th...

Dec 06, 201640 min

4 Rounds of Financing, CE Mark, FDA Clearance, and a Category 1 CPT Code – How NeoTract has Grinded its Way to Success Over the Past Decade

Biz Stone, the co-founder of Twitter, has famously stated, “Timing, perseverance, and 10 years of trying will eventually make you look like an overnight success.” In the world of medtech startups, this is almost always the case. And it’s certainly true with UroLift, a device that came to life in the fall of 2004...[ read more ] Related Stories Why Intersect ENT is an Example of Hope for the Medtech Industry Are Medical Device Models the Key to Building a Lean Medtech Startup? How Will These 2 Ma...

Oct 11, 201657 min

Patient Engagement for Medtech Companies is Hard – Here’s Some Advice on How to Do it Right

Engaging with patients in a genuine and transparent way is tough. Really tough. It’s challenging for all healthcare stakeholders – payers, providers, and industry. From a medtech perspective, we often times get stuck in a certain mindset when trying to engage with patients. Whether it’s a continuous glucose monitor for diabetic patients or a new...[ read more ] Related Stories Substantial and Sustainable – 2 Words That Medtech Companies Should Get Used To Social Media Best Practices for Marketin...

Aug 11, 201650 min

Demystifying Value-Based Healthcare – A Physician Expert Explains All (with Real-World Examples)

CMS has an objective to shift 50% of all reimbursement services from fee-for-service to alternative, value-based methods by 2018. And bundled payment models, according to Dr. Dan Mazanec, will be the principal driver of this transformative initiative. But the topic of value-based healthcare can be pretty confusing , right? Comprehensive Care for Joint Replacement. Medicare Access...[ read more ] Related Stories Substantial and Sustainable – 2 Words That Medtech Companies Should Get Used To Socia...

Jul 17, 201641 min

Is Off-Label Promotion Now Legal? What the Recent Criminal Case Against Vascular Solutions Means for Medtech

For as long as I can remember, at every company meeting I’ve ever been to, the topic of off-label promotion is always covered. Whether it was new-hire orientation, a national sales meeting, or some other large commercial event, the dissemination of off-label information was always presented as not only a fireable offense, but something that could get you...[ read more ] Related Stories How Will These 2 Major Healthcare Changes Affect Medical Device Companies? Substantial and Sustainable – 2 Word...

Jun 08, 201641 min

After Selling 2 Cardiovascular Companies for Over $1 Billion, Duke Rohlen is Now Hoping to do the Same with Spirox and Advanced Cardiac Therapeutics

Jack Dorsey received quite a bit of attention when he was recently announced as CEO of Twitter. Why? Because that made him CEO of 2 of the most rapidly-growing tech. companies in Silicon Valley at the same – Twitter and Square. Well, medtech’s version of Jack Dorsey might be Duke Rohlen. Duke led FoxHollow Technologies...[ read more ] Related Stories Why Intersect ENT is an Example of Hope for the Medtech Industry Are Medical Device Models the Key to Building a Lean Medtech Startup? Substantial ...

May 31, 201640 min

From an Idea on the Back of a Napkin to an Eventual $240 Million Exit – The Amazing Story of Sapheon

I’ll be candid. This is an interview I’ve wanted to do for quite some time. During my time at Covidien, I considered myself fortunate to be involved with the acquisition of Sapheon, a startup company that manufactured a disruptive therapy for venous reflux. The more I learned about Sapheon through the diligence process (as well as...[ read more ] Related Stories Why Intersect ENT is an Example of Hope for the Medtech Industry Are Medical Device Models the Key to Building a Lean Medtech Startup? ...

Apr 14, 201648 min

After Selling Their First Spin-out (Corventis) to Medtronic, this Team is Aiming for an Even Bigger Splash in the Wearables Space

When most people think of the wearables space, devices like the Fitbit or the Apple Watch come to mind. But over the past few years, there’s been a lot of development with respect to wearable devices that were designed for the traditional healthcare market. Medtronic launched the SEEQ device. Although implantable, St. Jude commercialized the...[ read more ] Related Stories Why Intersect ENT is an Example of Hope for the Medtech Industry Are Medical Device Models the Key to Building a Lean Medtec...

Mar 31, 201638 min

They Sold Their Company to Boston Scientific and Then Reacquired the Technology Years Later – The Unique Story of NuCryo Vascular

Because of diminishing margins, a lot of major medical device companies continue to add products to their sales bag in hopes of meeting top-line revenue goals. But selling the entire bag is challenging. When the bag gets too big, a typical sales force will usually focus only on products that generate the most revenue. So what...[ read more ] Related Stories Why Intersect ENT is an Example of Hope for the Medtech Industry Are Medical Device Models the Key to Building a Lean Medtech Startup? Subst...

Feb 26, 201644 min

The Steady and Successful Climb of BAROnova

Henry Ford is famous for stating, “If I had asked people what they wanted, I would have built a faster horse.” Although it’s arguable whether he ever uttered those words, the statement is still very powerful. And it’s one that Hugh Narciso has taken to heart. In fact, in the early days of BAROnova, when...[ read more ] Related Stories Why Intersect ENT is an Example of Hope for the Medtech Industry Are Medical Device Models the Key to Building a Lean Medtech Startup? Substantial and Sustainable ...

Feb 05, 201654 min

Inside the Mind of a Medtech VP of Sales

Sean Moore went from medical device sales rep to VP of Sales for one of the largest medtech companies in less than 10 years. Pretty impressive, right? Just like me, you might be thinking, “How did he do it? Killer sales results year after year? Right place at the right time?” In this interview with...[ read more ] Related Stories Substantial and Sustainable – 2 Words That Medtech Companies Should Get Used To Social Media Best Practices for Marketing Medical Devices Are Medical Device Models the ...

Oct 07, 201441 min

Why Medtech Companies Should Care More About Sales Operations

It’s safe to say that IDNs are important customers for the overwhelming majority of medical device companies. Therefore, it’s probably rational to assume that medtech companies do a good job of tracking the changing IDN landscape, right? Wrong. Based on the 2014 ZS Associates Commercial Operations Benchmark Study, only 56% of medtech companies track IDN...[ read more ] Related Stories Substantial and Sustainable – 2 Words That Medtech Companies Should Get Used To Social Media Best Practices for ...

Sep 18, 201445 min

4 Can’t Miss Opportunities That All Medtech Companies Need to Consider

According to a recent L.E.K. survey of hospital executives, 56% of the respondents haven taken steps to reduce medical device sales rep access to their facilities. In fact, the CEO of an Illinois hospital stated, “We’re constantly trying to limit the sales reps…We want to see what they’re selling before they get a hold of...[ read more ] Related Stories Substantial and Sustainable – 2 Words That Medtech Companies Should Get Used To Social Media Best Practices for Marketing Medical Devices Are Me...

Sep 27, 201356 min

Can This Service Solve the Problem of Information Overload in Healthcare?

Information overload is an issue that all of us face. Finding a decent signal in the midst of a very noisy world is a difficult challenge. Few are able to master it on a consistent basis. And that includes doctors. Check out some of these stats: 100,000 scientific journals are now in circulation. 30,000 new...[ read more ] Related Stories Social Media Best Practices for Marketing Medical Devices Can Nurep Solve the Inefficiency Problem in Medical Device Sales? Substantial and Sustainable – 2 Wor...

Aug 05, 201353 min

Can Medical Device Companies Increase Sales and Reduce Costs at the Same Time?

What do Stryker, Biomet, Medtronic, and Boston Scientific all have in common? Yes, they all manufacture medical devices. But more specifically, all four of these medtech companies have implantable device divisions. And from 2005 – 2011, the implantable device segment has been the most consistent top performer relative to other categories including: in vitro diagnostics...[ read more ] Related Stories Social Media Best Practices for Marketing Medical Devices Are Medical Device Models the Key to B...

Jul 22, 201357 min

Why Early Stage Medical Device Deals Aren’t as Bad as You May Think

Warren Buffet is often quoted as stating, “The best time to be greedy is when others are fearful.” But can this same concept apply to the medtech space? Can limited partners (the investors in a venture fund) be sold on the idea of bankrolling early stage medical device companies? In this interview with Mike Carusi...[ read more ] Related Stories Why Intersect ENT is an Example of Hope for the Medtech Industry Are Medical Device Models the Key to Building a Lean Medtech Startup? Substantial and S...

Jul 11, 201352 min

How Will These 2 Major Healthcare Changes Affect Medical Device Companies?

How will healthcare reform affect care delivery and reimbursement? And what will the impact be for medical device companies? These are probably the 2 biggest questions that medtech companies need to answer in order to succeed in the future. Unfortunately, there aren’t solid answers at this point. But there are some people that can help...[ read more ] Related Stories Substantial and Sustainable – 2 Words That Medtech Companies Should Get Used To Social Media Best Practices for Marketing Medical ...

Jun 14, 201355 min

Can Nurep Solve the Inefficiency Problem in Medical Device Sales?

Picture this. You’re a medical device sales rep covering a procedure in one part of your territory. But unexpectedly, you get a call from a physician needing case support on the other side of your geography. What do you do? There’s no way you can cover the case, right? The drive-time won’t allow you to...[ read more ] Related Stories Social Media Best Practices for Marketing Medical Devices Can Medical Device Companies Increase Sales and Reduce Costs at the Same Time? Substantial and Sustainable...

Jun 04, 201349 min

Are Medical Device Models the Key to Building a Lean Medtech Startup?

The lean startup movement has become increasingly popular within the tech community after the release of Eric Ries’ book in 2011. Although I personally believe the lean startup methodology is brilliant, some aspects are difficult to apply to the medtech space. For example, it costs significantly less money to iterate on a software idea in...[ read more ] Related Articles Can Medical Device Companies Increase Sales and Reduce Costs at the Same Time? Substantial and Sustainable – 2 Words That Medt...

May 08, 201351 min

Why Intersect ENT is an Example of Hope for the Medtech Industry

The 2.3% medical device tax is burdensome. Regulatory timelines are long (and expensive). Reimbursement is not only decreasing, but also incredibly hard to obtain. Venture capitalists are losing interest in early stage medical device deals. Is it all downhill for medtech? There is no doubt the current healthcare environment is challenging. But certainly not impossible...[ read more ] Related Articles Are Medical Device Models the Key to Building a Lean Medtech Startup? Why Early Stage Medical De...

Apr 26, 201338 min

Social Media Best Practices for Marketing Medical Devices

Did you know the FDA recently issued a multi-million dollar contract to a private company that will be charged with monitoring social media? Yes, multi-million. Needless to say, that’s a significant amount of money. Although many would argue the FDA has not been very clear regarding its guidance towards social media, you can’t deny that...[ read more ] Related Articles Can Nurep Solve the Inefficiency Problem in Medical Device Sales? Can Medical Device Companies Increase Sales and Reduce Costs a...

Apr 10, 201346 min

Substantial and Sustainable – 2 Words That Medtech Companies Should Get Used To

As the world of healthcare continues to change and evolve, hospitals and healthcare providers are facing a major dilemma. There will continue to be an increasing number of patients that need healthcare. But, the reimbursement for healthcare services will continue to decline. In other words, there will be more customers checking out, but less money...[ read more ] Related Articles Social Media Best Practices for Marketing Medical Devices Are Medical Device Models the Key to Building a Lean Medtec...

Feb 05, 201345 min
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