Arun Gupta invested in healthcare start-ups until he connected a common problem among his portfolio companies – managing behavioral health – and the power of Big Data.
The marriage of bottleneck and data led him to found Quartet Health, a fast-rising developer of a new platform to help health care professionals better coordinate care for patients with behavioral health.
In this replay of an interview with Breaking Health podcast host Steve Krupa, Gupta explains how he came to create Quartet Health. He also advises tech entrepreneurs moving into healthcare that any start-up must be “a real passion project.”
“Technology-oriented, capable entrepreneurs can build companies more quickly to higher levels of success with more velocity and less regulatory baggage and all the stuff that we’re used to in healthcare,” he said.
“Whenever I meet other entrepreneurs or people seek me out for investing or doing boards and stuff, I just really drill it into people,” he says. “I advise them that they really need to have a passion for whatever problem you’re working on in healthcare to really get through the ups and downs of trying to build a company in this space.
“Entrepreneurship is hard enough as it is,” he says. “Doing it in healthcare makes it two to three times harder.”