This course description is from Spring 2017 and is for reference only.
COURSE NUMBER: MBA297C.1
COURSE TITLE: Innovations in Healthcare
UNITS OF CREDIT: 2.0
INSTRUCTOR: Jeff Rideout and Lisa Suennen
E-MAIL ADDRESS: jarideout@sbcglobal.net, lisasuennen@venturevalkyrie.com
PREREQUISITE(S): Completion of one of the
following classes or instructor consent:
· Healthcare in the
21st Century (MBA 297A-1)
· Venture Capital
and Private Equity (MBA 295B)
· New Venture
Finance (MBA 295D)
CLASS FORMAT: Lecture
REQUIRED READINGS: Students will be required to read all
distributed course readings ahead of the appropriate class lectures and to also
conduct individual company research ahead of each guest speaker. Required
readings will be posted in advance of each class when relevant. In
addition, students will be required to conduct their own research in support of
their final paper. Grading will be based in part on the degree to which
positions taken in the final paper are supported by the student's independent
research
BASIS FOR FINAL GRADE: (Midterm, final, paper(s), project(s),
class participation, or a mixture.) Final paper will be 50% of the grade
and class participation will be 50% of the grade. Class attendance will count
toward class participation.
ABSTRACT OF COURSE'S CONTENT AND OBJECTIVES: The purpose of this
course is to provide students with insights into the newest innovations in
healthcare service delivery, information technology, digital health and analytics,
with an emphasis on how venture and private equity investors evaluate and
determine where to invest in a marketplace that represents nearly 20% of the
U.S. GDP. Through presentations by leading entrepreneurs and venture
investors in the field, students will be challenged to reach conclusions
regarding which healthcare sectors are the most promising for venture investing
and which individual companies presented reflect the best opportunities,
particularly given shifts currently underway within the healthcare industry
driven by the Affordable Care Act. This is not primarily a finance class, but
more substantively about the nuances of emerging healthcare businesses and
venture finance as applied to this very unique sector.
By the end of the course, students will:
- Understand how the market drives the innovation culture in healthcare
- Have insights into current innovations in health care across
three primary sectors: healthcare services, information
technology/analytics and digital health.
- Be able to analyze risks and opportunities in young healthcare
companies and understand how companies are responding to changes in the
healthcare system, including health reform
- Understand key aspects of venture capital operations as it
pertains to healthcare venture capital
- Know how to apply criteria for healthcare venture capital
investing
- Present a rationale for investing decisions
CAREER FIELD: Healthcare venture investing, healthcare
entrepreneurship and start-ups, healthcare delivery and insurance, healthcare
policy and management
BIOGRAPHICAL SKETCH:
Jeff Rideout MD currently is CEO of the Integrated
Healthcare Association (www.iha.org) and a Senior Advisor with GE
Ventures. Previously Dr. Rideout served as the
Senior Medical Advisor for Covered California, the California Health Insurance
Exchange, the Chief Medical Officer for Cisco Systems, Blue Shield of
California and the TriZetto Group, and holds academic
appointments with Stanford University as Consulting Professor, Department of
Health Research and Policy, and the University of California, Berkeley Haas
School of Business.
Lisa Suennen s Managing Partner at
Venture Valkyrie Consulting, which serves venture capital firms and healthcare
companies. Previously Lisa co-founded and was a partner at Psilos Group, a healthcare-focused venture capital firm.
Earlier, Lisa helped build Merit Behavioral Care, an $800mm behavioral
healthcare company. Lisa is a board member at multiple healthcare entities and
writes Venture Valkyrie, a widely read blog on healthcare and investing. In
2014 she published a book on healthcare IT called Tech Tonics, Can Passionate
Entrepreneurs Heal Healthcare with Technology. Lisa holds undergraduate and
graduate degrees from UC Berkeley, where she is now on faculty at the Haas
School of Business.