Jason Berek-Lewis Founder, Healthy Startups
Michael Walsh is a busy man. The Texan health entrepreneur is Cofounder of a health startup called Cariloop, Founder of Health 2.0 Dallas and the regular HealthSparx podcast. Phew! As if that wasn't enough, he recently sent me his answers to 6 for a startup...
How will you disrupt healthcare, specifically in the senior care industry?
By replacing the outdated process our country’s caregivers go through to research, locate, and connect with senior care providers with something more current, cost effective, and efficient – Cariloop.
What inspired you to launch a healthcare startup?
Our founding team has a real passion for helping people and solving problems, so it was only a matter of time before we found something at the intersection of both these core values and got inspired.
Families across the country (USA) are literally seeing their lives get turned upside down financially and emotionally when having to make choices about their aging loved ones. One minute, life is normal, and the next, you are thrown into the position of having to make life or death decisions about your parents or grandparents. It can be extremely frightening.
We saw this problem very clearly and knew with the proper tools and education, our country’s families could better navigate the stress of this particular situation and produce a more positive outcome or experience.
Where can we learn more about your healthcare startup?
Cariloop launched in beta to the state of Texas back in April, 2013 – check it out at http://cariloop.com.
We are also active on Facebook (http://facebook.com/cariloopinc), Twitter (http://twitter.com/cariloopinc), and Google Plus (https://plus.google.com/106841360860618703667/about)
Are you bootstrapping or seeking investors? Why?
Cariloop has been completely bootstrapped to this point, but we will be looking to do a fundraising round here this winter as we prep to do our national rollout in the first part of 2014.
What is the number 1 challenge you face in building your healthcare startup?
The healthcare environment is undergoing a complete metamorphosis right now, so our customer’s buying appetites are a bit tethered to the moods of the marketplace, which can make it a challenge sometime to propose something new to them. Our team will be big time focused on making sure we provide a huge value proposition to customers right out of the gates so that our retention rates start and remain high.
What fundamental change will the web/ social media/ apps/ new technology bring to healthcare in the next 3 - 5 years?
This is an incredibly exciting time in healthcare. Thanks to all these incredible technologies and tools, patients and their families are becoming more and more powerful. With this trend comes savvier consumers, better decisions, and dollars saved – all must haves if the healthcare environment is to truly make some long term improvements.