The healthcare industry is one of the largest and most consequential sectors in the United States—but it’s also one of the most complicated. This unique complexity makes it challenging for the operational change and innovation the industry desperately needs in order to better serve citizens.

In contrast, the inherently innovative tech sector is not only a huge component of the U.S. economy, but it also plays a pivotal role in accelerating change across all other industries. In this episode, Host Gautam Mukunda speaks with Les Funtleyder and Dr. Raj Garg about what leaders can learn from combining the fast-paced innovations in tech with the cautious and deliberate rhythms of the healthcare industry.

Les is a portfolio manager at E Squared Capital Management, and the author of Healthcare Investing, and he sits on the boards of Applied Therapeutics and Acalis. Dr. Raj Garg was the former President and CEO of Cancer Treatment Centers of America, he was also one of the most trusted advisors to CEOs of the world’s largest healthcare companies during his time as senior partner in the healthcare practice at McKinsey. He is a doctor and attorney and serves on the boards of Health AI 360 and the National Spine and Pain Centers.

“What I would actually predict is that the next couple of decades are going to really be an age of biology, and an age of technology and healthcare that will cause pretty fundamental shifts.” – Dr. Raj Garg

“The biggest [healthcare] challenge from my perspective is that people don't like change, especially in systems that have been in place for a really long time.” – Les Funtleyder

Follow @GMukunda on Twitter or email us at WorldReimagined@nasdaq.com

Literature Referenced:

Healthcare Investing: Profiting from the New World of Pharma, Biotech, and Health Care Services, by Les Funtleyder

For more information on this episode’s guests please visit:

Nasdaq.com/world-reimagined-podcast

Operational Leadership: Accelerating Innovation in Healthcare with Dr. Raj Garg and Les Funtleyder 34:30 Share

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Operational Leadership: Accelerating Innovation in Healthcare with Dr. Raj Garg and Les Funtleyder