Discover how Everly Health Solutions leads the way in at-home lab testing for health plans. With a focus on convenience and effectiveness, they’ve notably boosted star ratings for numerous health plans. Learn more about their transformative impact at EverlyHealthSolutions.com

EPISODE SUMMARY In this episode, Dr. Liz Kwo, host of DigitalMD, interviews Dr. Alexi Nazem, co-founder and CEO of Nomad Health, a marketplace for freelance clinical work. They discuss the challenges and opportunities of building a successful business in healthcare, the importance of understanding the payment systems, and the role of technology in disrupting the industry.

5 KEY TAKEAWAYS

1. Healthcare is a complex industry with a three-party transaction system, making it challenging to build a successful business.
2. Entrepreneurs must focus on creating value by increasing quality, reducing costs, or improving speed to make their business viable.
3. Nomad Health disrupted the locum tenens staffing industry by introducing transparency, self-service, and technology, leading to better user experience and lower costs.
4. Entrepreneurs should be willing to fail fast, learn from their mistakes, and pivot their business when necessary.
5. The healthcare industry is at an inflection point, with new biotechnologies and care delivery technologies offering opportunities for significant change.

BOOK PROMO 📚 Delve into the future of healthcare with Dr. Liz Kwo’s book “Digital MD: Revolutionizing the Future of Healthcare.” Order now by visiting my website at https://www.digitalmd.co/

TIMESTAMPS 00:00 START - Introduction to the episode and guests 01:30 - Dr. Alexi Nazem's background and career in healthcare 04:00 - Challenges of building a successful business in healthcare 08:30 - Nomad Health's innovations and success in the locum tenens staffing industry 12:00 - The role of technology in disrupting the healthcare industry 17:30 - Lessons learned as an entrepreneur and advice for aspiring entrepreneurs 19:00 - Dr. Alexi Nazem's thoughts on the future of healthcare innovation 20:00 - Closing remarks and hot take questions

🔗 CONNECT WITH DR. ALEXI NAZEM: LinkedIn: https://www.linkedin.com/in/agnazem/

🔗 CONNECT WITH DR. LIZ KWO: LinkedIn: Dr. Liz Kwo’s LinkedIn Email: liz.kwo@everlyhealth.com

RESOURCES

https://www.nomadhealth.com/

https://www.digitalmd.co/