Welcome to Our Breaking Health Podcast Channel
Conversations between VCs and entrepreneurs typically occur in boardrooms or coffee shops. In the Breaking Health Podcast, you get a seat at the table. Healthcare VC Stephen Krupa, Managing Director of the Psilos Group, brings his investor insight to revealing conversations with the most disruptive CEOs in healthcare. Listen to understand how these leaders are building the companies – and fostering the cultures – that will change everything.
Payers and providers spend unnecessary time and energy approving medical and diagnostic procedures. CEO and Co-Founder Siva Namasivayam, believing that the digital health market has yet to leverage the full power of technology, launched Cohere Health in 2019 to transform utilization management into proper care management. Cohere Health employs individual and cohort medical data, records, and proprietary algorithms to generate approvals for nearly 90% of authorization requests. Evidence suggests that Siva and his team will soon realize their goal of a 96% approval rate. With more automatic approvals, providers can focus on what matters most while patients receive timely and appropriate care. Additionally, payers experience up to 15% savings when Cohere Health suggests cost-effective yet high-quality alternative treatment options. Siva and his team serve over 5.5 million members and approximately 100,000 physician offices today.
Prior to co-founding Cohere Health, Siva Namasivayam was a founder and CEO of SCIO Health Analytics, which had more than 50 Fortune 500 healthcare clients. Siva’s experience also includes serving as senior vice president and chief revenue officer at EDS/MphasiS, senior vice president of payer services at Dell, and senior software engineer at Intel. He received his bachelor’s degree from the National Institute of Technology in Tiruchirappalli and holds a master’s degree in computer science from the University of Pittsburgh as well as an MBA from the University of Michigan.
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Meet Our Host
Healthegy Contributing Host Stephen Krupa is CEO of Healthedge, a software company focused on providing next-generation, business-transforming technology products to the healthcare payor market.
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