Investing in the Future of Medicine (with Dr. Justin Norden)

The Doctor's Art

Henry Bair and Tyler Johnson

Medicine, Society & Culture, Health & Fitness, Philosophy

5 • 2.1K Ratings

🗓️ 8 November 2022

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

While digital technologies now permeate nearly every aspect of our lives, their application to improve medicine remains limited. Still, recent advances in artificial intelligence, telecommunications, and other technologies hold enormous potential to transform how healthcare is delivered. At the forefront of exploring this potential is Dr. Justin Norden, a physician and investor at the venture capital firm GSR Ventures, where he focuses on investments in digital health companies. With a background in computer science, Dr. Norden previously worked on the healthcare team at Apple and helped launch the Center for Digital Health at Stanford University. He joins us in conversation to discuss how he discovered investing and entrepreneurship as a way to tackle problems in medicine, clarify misconceptions about digital health and venture capital, and explore how technologies are shaping the future of medicine.

In this episode, you will hear about:

A brief introduction to venture capital - 1:48
How Dr. Norden’s experiences during medical training led him explore entrepreneurship and healthcare investing - 3:22
How Dr. Norden’s passion for computer science influenced his medical education - 7:30
What it was like to leave a clinical career - 10:18
The past and current state of technological advancement in medicine - 20:28
Co-host Dr. Johnson’s concerns over the ways technology has, at times, impeded the delivery of health care - 28:38
Dr. Norden’s vision for the ideal balance between humanism and technology in medicine - 34:31
How Dr. Norden considers the reconciliation between the profit motive of companies and the preservation of what makes medicine meaningful - 38:28
How Dr. Norden decides which digital health companies to invest in - 44:57
Advice to young clinicians who are curious about healthcare innovation - 50:09

Follow Dr. Norden on Twitter @JustinNordenMD.

Visit our website www.TheDoctorsArt.com where you can find transcripts of all episodes.

If you enjoyed this episode, please subscribe, rate, and review our show, available for free on Spotify, Apple Podcasts, or wherever you get your podcasts. If you know of a doctor, patient, or anyone working in health care who would love to explore meaning in medicine with us on the show, feel free to leave a suggestion in the comments or send an email to [email protected].

Transcript

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0:00.0	Hi, I'm Henry Bear.
0:03.4	And I'm Tyler Johnson.
0:04.8	And you're listening to the Doctors' Art, a podcast that explores meaning in medicine.
0:09.9	Throughout our medical training and career, we have pondered, what makes medicine meaningful?
0:15.2	Can a stronger understanding of this meaning create better doctors?
0:18.8	How can we build healthcare institutions that nurture the doctor-patient connection?
0:23.1	What can we learn about the human condition from accompanying our patients in times of suffering?
0:28.0	In seeking answers to these questions, we meet with deep thinkers working across healthcare,
0:33.1	from doctors and nurses to patients and healthcare executives, those who have collected a career's worth of harder and wisdom.
0:40.2	Proving the moral heart that beats at the core of medicine, we will hear stories that are by turns heartbreaking,
0:45.6	amusing, inspiring, challenging, and enlightening.
0:49.3	We welcome anyone curious about why doctors do what they do.
0:52.9	Join us as we think out loud about what illness and healing can teach us about some of life's biggest questions.
1:03.5	Our guest on today's episode is Dr. Justin Norden, a physician and investor at the Venture Capital firm GSR Ventures,
1:10.9	where he focuses on investments in digital health companies.
1:14.8	Justin is a computer scientist who previously worked on the healthcare team at Apple
1:19.4	and helped launch the Stanford Center for Digital Health.
1:23.0	He joins us in conversation to discuss why he decided to forego clinical training after medical school,
1:28.8	share how he discovered investing in entrepreneurship as a way to tackle problems in medicine,
1:34.2	clarifies misconceptions about digital health and venture capital,
1:38.4	and explore how technologies are shaping the future of medicine.
1:43.0	Justin, welcome to the show and thanks for being here.
	...

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