Flare Capital Partners

Flare Scholar Spotlight #58: Maryam Alausa, MD/MBA Candidate, University of Pennsylvania Maryam is a co-chair for the Health Care Business conference and served as VP of HealthX, a group at the intersection of entrepreneurship, management, and tech. She was involved in cost-effectiveness research for UPHS. Prior to Wharton, she served as a Business Fellow at Geisinger managing strategic partnerships. She spent the summer at McKinsey. 🏥 What is one area of healthcare you are excited about? "I am excited about leveraging technology and innovation in the chronic kidney disease space." 🌟 What is one fun fact about yourself? "I have never had a peanut butter & jelly sandwich."

2024 Halftime – Complicated VC Landscape… There are two important considerations that will frame the venture capital narrative for the remainder of the year: the elections and financial condition of the country. According to Bank of America, 2024 will see national elections in countries that account for 60% of the global GDP and 40% of the world’s population, with the U.S. election arguably being the most seminal. The U.S. election is in 119 days and our national debt is increasing approximately $1.0 trillion every 100 days… Thoughts on what to expect in 2H24… https://lnkd.in/e-5tAPF6 Flare Capital Partners #digitalhealth

💡Last week we hosted our 15th Flare Capital Partners Expert Roundtable to discuss Pharmacy Technology Innovation! We we're lucky to be joined by a brilliant group of panelists, including Trevor Bezdek (Co-Founder & Chairman, GoodRx), Yoona Kim (Co-Founder & CEO, Arine), Otto Sipe (Co-Founder & CEO, Photon Health) & Dr. John Wig. We covered a range of topics including: 1️⃣ The GoodRx Story - scaling from 0 to IPO and where the company sees opportunity for future growth. 2️⃣ Pharmacy data strategy - how startups and incumbents alike are leveraging patient data to drive personalized interventions. 3️⃣ Building more patient-centric experiences in pharmacy solutions. 4️⃣ Using AI to improve patient & provider experiences - from medication management to reducing pharmacist administrative work. 5️⃣ The regulatory space - how evolving regulations are challenging innovation in the pharmacy sector. 6️⃣ Staffing shortages - how large retailers, like Walmart, are leveraging technology to navigate pharmacist staffing shortages. 7️⃣ Wraparound GLP-1 care services - beyond pharmaceutical interventions, how are stakeholders thinking about wraparound care services, such as digital tools and health food discounts. 8️⃣ Formulary & drug price changes - as drug prices increase and formularies come under increasing pressure, how pharmacies are helping patients access medications. And more! Check out a few key moments from our panelists below. Missed the live discussion? Saw it, but are keen for a replay? 📽 Watch the recording in the link in the comments below 👇 #pharmacyinnovation #artificialintelligence #pharmacytechnology #GLPs #clinicianstaffingshortages #pharmacydata

Flare Scholar Spotlight #57: Reece Williams, MD Candidate, Emory University School of Medicine, '25 Reece is a fourth-year medical student at Emory. He is passionate about using clinical insights to inform the development of translational technologies to support health care that is personalized and preventive. Upon graduation, Reece plans to pursue a residency in internal medicine. 🏥 What is one area of healthcare you are excited about? "Remote patient monitoring—innovative wearable devices + models to help us analyze the data they generate = impactful clinical applications!" 🌟 What is one fun fact about yourself? "I've led backpacking and mountaineering trips across four continents!"

🚀 Congrats to our portfolio companies Cohere Health and SmarterDx for being named two of the Top 10 Most Exciting Digital Health Startups of 2024 by TechCrunch! This recognition highlights the hard work and innovation these companies are bringing to the healthcare sector. Cohere Health provides AI-enabled prior authorization solutions to improve quality outcomes and reduce administrative burden. Meanwhile, SmarterDx is leveraging AI to help hospitals enhance diagnostic accuracy and achieve revenue integrity. Kudos to the talented teams at both companies on this acknowledgement. We are proud to support your journeys! 📰 Read the original TechCrunch article in the comments below. 👇

✍ 🧠 Ian Chiang (Partner, Flare Capital Partners) and Alexa Morse (Flare Scholar, Class of 2022) teamed up to share their thoughts with Slice of Healthcare in a recent article, "The Next Phase Of Behavioral Health Evolution: Rise Of Behavioral Health-Focused Infrastructure-As-A-Service Innovators" It's no mystery the behavioral health space is rampant with unmet care needs across many underserved populations. Whether you know that from a first-hand experience as a patient finding it difficult to access care or by following the abundance of research & data that's been shared on the space, we have collectively seen the challenges this sector continues to face. Speaking of the data, let's look at a few stats pulled from the report: 1️⃣ Nearly 20% of US adults reported experiencing a mental illness in 2022, with over half of those adults not receiving treatment. Even among youth in the US, about 15% have reported at least one major depressive episode in the past year, with 60% not receiving any treatment. 2️⃣ According to HRSA, there are over 6,400 designated mental healthcare professional shortage areas across the United States, and nearly 8,000 mental health practitioners are needed to remove these designations. 3️⃣ Mental and behavioral health has ranked as the #1 clinical indication by venture funding between 2018 and Q1 – Q3 2023, according to Rock Health. In this article, Ian and Alexa unpack the landscape of emerging innovators tackling these issues across the Behavioral Health-Focused Infrastructure-as-a-Service (IaaS) market — from provider staffing platforms to novel biomarkers & monitoring tools to patient engagement & outreach startups. Check out the full article below to read Ian and Alexa's thoughts on how they expect these categories to evolve in the future. Thank you, Slice of Healthcare, for the publication! P.S. A special shoutout to our Flare Capital colleagues, Ben Hall (SVP of Product & Technology, Author Health), Danish M. (Founding Partner, GreyMatter), Katherine Hobbs, MD MPH (CEO, Author Health), Nicoletta “Nicki” Tessler, Psy.D., M.B.A. (CEO & Co-Founder, BeMe Health) for their contributions to the article! 🌟 👉 Read the full article here: https://lnkd.in/gKtw_JcD

Flare Scholar Spotlight #56: Meredith Lindvall, Sr. Director, Cox Enterprises Meredith has a passion for the link between health and the environment. She has worked in environmental, health and sustainability roles at Emory Pediatric Pulmonology, Delta Air Lines, Home Depot and Cox Enterprises where she is currently the Sr. Director of Waste & Recycling. She has served as a mentor for Techstars Atlanta Impact since 2019. 🏥 What is one area of healthcare you are excited about? "I am excited about telehealth and preventative health as shifts in the outlook around convenient access to care through a proactive lens." 🌟 What is one fun fact about yourself? "I am a certified cake decorator."

🎉 We are thrilled to congratulate knownwell, a Flare Capital portfolio company, on their acquisition of Alfie Health! knownwell, a leader in weight-inclusive primary care and obesity medicine, continues to push the boundaries in providing holistic, patient-centered healthcare. Through this strategic acquisition, knownwell will integrate Alfie's AI-powered ObesityRx platform into its existing care model to accelerate clinical decision support and advance the company's VBC infrastructure. Additionally, the team welcomes two of its newest executive leadership hires: Chief Operating Officer, James Chaukos, and Chief Growth Officer, John Frager. Chaukos joins from Cricket Health (now Interwell Health) where he served as Co-Founder, COO, and CFO. Frager brings leadership experience from several healthcare startups including Carbon Health and Welkin. We are incredibly proud of knownwell's achievements and look forward to the continued positive impact this partnership will bring to the healthcare community.🚀 cc: Brooke Boyarsky Pratt & Angela Fitch MD, FACP, FOMA, Dipl. ABOM 📰 Read the full press release here: https://lnkd.in/e3pdYYPN

Happy Juneteenth! Here’s to continuing our comittment to improving health equity and diversity across our industry Flare Capital Partners

Flare Scholar Spotlight #55: Mark Duzane, Senior M&A Professional, Humana Mark, Senior M&A Professional at Humana for 2 years, has diverse industry experience in home health, distribution, and pharmacy. His expertise covers M&A, VC, JVs, and minority investments. With 3.5 years in Spire Energy's corporate development, Mark offers a broad perspective. He holds a bachelor's in Finance from the University of Memphis. 🏥 What is one area of healthcare you are excited about? "Health AI - Its potential to revolutionize diagnostics, personalize treatments, and enhance healthcare accessibility." 🌟 What is one fun fact about yourself? "I'm an identical twin, and I'm 45 seconds older than my brother."