HLTH Forward Podcast
HLTH (Health) Forward is where we hold space for Healthcare leaders, physicians, and key health policymakers to discuss what takes us to move Healthcare Forward. We want to hear challenges, ideas, and out-of-the-box solutions for us to unite our ecosystems further and move the needle towards an innovative, affordable, and all-inclusive healthcare ecosystem.
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HLTH Forward Podcast
Click, Book, Heal: Reimagining Healthcare Access with Oliver Kharraz, CEO @Zocdoc
In our candid conversation leveraging Fast Company's September 2024 feature, Dr. Oliver Kharraz reveals the harsh realities of healthcare technology innovation. "When we launched ZocDoc in 2007, I watched wave after wave of self-proclaimed 'disruptors' enter the healthcare arena like lions, only to retreat like lambs," he shares, pointing out that 90% of healthtech startups have gone bust.
The stark truth is that even tech giants like Amazon, Apple, and Google have struggled to make meaningful inroads in an industry that resists quick fixes. With America spending $4.8 trillion on healthcare annually and 73% of adults feeling the system is failing them, Kharraz argues that the solution isn't radical disruption, but what he calls "inside-out pragmatism" – a methodical, patient approach that understands and works within the existing healthcare ecosystem.
Diving into the seven critical challenges facing healthtech, Kharraz pulls back the curtain on the industry's complex landscape. From the fragmentation of 340,000 physician practices running on hundreds of electronic health record systems to the intricate dance of stakeholder incentives, he emphasizes that healthcare technology can't be treated like any other consumer sector. "Moving fast and breaking things simply doesn't work when people's lives are at stake," he explains, recounting ZocDoc's own near-death experience navigating regulatory ambiguities.
The most profound insight emerges in his belief that technology's role is not to replace healthcare providers, but to connect, enhance, and incrementally improve a system that requires deep understanding, patience, and a commitment to solving complex problems one step at a time. For Kharraz, the future of healthcare technology lies not in disruption, but in pragmatic, thoughtful innovation that respects the nuanced human elements of medical care.
About
Oliver Kharraz, MD, is CEO and founder of Zocdoc. Oliver is the most recent doctor in a 300-year family tradition. Over the course of his wide-ranging career, Oliver has accrued comprehensive experience effecting change and building efficiency in large scale healthcare organizations using information technology.
