“Take risk on it with a health plan and say, we'll take 20% of the savings. That kind of model and mindset is not typically found in those type of consumer, publicly traded.”
Adam Pellegrini · Lifers with Christina Farr · Why simple ideas win in healthcare | Adam Pellegrini, CEO of TytoCare
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What was described
proposed taking 20% of the savings from a health plan instead of selling Apple Watches to employers
20%
Said nearby on the same subject
“Apple has now become the biggest watch seller in the world selling 40 to 50 million a year it sells more watches than the entire swiss watch business combined now the watch itself it brings in annual revenues of about 16 billion”
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Said on Great Business Stories
Business model40-50 million units/year, ~16 billion USD revenueShare this moment
“Instead of taking 50 days on average, it's now taking 20 days. Because everyone's happier, it costs less”
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Said on The Leadership in Insurance Podcast - Insurtech & Innovation
“It gave me a pretty decent project plan. It drafted the new email that I needed to write. And the whole thing became maybe an hour of my work with a little bit of supervision, instead of, you know, 20 hours project planning”
“If you don't already have an MSA with a major health plan, that's a 13 to 14 month. If you have great relationships with those folks, that's a 13 or 14 month sale cycle.”