5 key notes from MATTER fireside chat on healthcare technology with Mayo & AMA CEOs

Practice Management

John H. Noseworthy, MD, Mayo Clinic CEO, and James L. Madara, MD, American Medical Association CEO and executive vice president, participated in a fireside chat at Chicago-based healthcare company incubator MATTER, according to AMA Wire.

Here are five key notes:

1. Drs. Noseworthy and Madara advised health tech startups to collaborate closely with physicians during the development process. Without physician insight, startups will likely miss the boat on the intricacies of physician needs.

 

2. Dr. Noseworthy spoke about Mayo's research powerhouse, filing hundreds of patents every year and committing $600 million to research annually. The clinic continuously partners with larger companies and startups, with 136 companies finding their start out of Mayo.

 

3 Dr. Madara highlighted the AMA's partnership with MATTER. The incubator's AMA Interaction Studio provides a setting for physicians to connect with entrepreneurs about technologies in the pipeline.

 

4. The AMA is also currently creating the Physician Innovation Network, which aims to create online communication between physicians and technology companies.

 

5. Dr. Noseworthy left the crowd with a critical piece of advice: Present physicians with data proving your technology will decrease their administrative burden and increase their joy.

 

 

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