“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

Play from 42:22
42:22

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

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”
♫
Said on Great Business Stories
Business model 40-50 million units/year, ~16 billion USD revenue Share this moment
“Instead of taking 50 days on average, it's now taking 20 days. Because everyone's happier, it costs less”
♫
Said on The Leadership in Insurance Podcast - Insurtech & Innovation
Why it worked 50 days → 20 days Share this moment
“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”
♫
Said on The Audit Podcast
How they work 20 hours → 1 hour Share this moment
“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.”
AP
Adam Pellegrini
Lifers with Christina Farr ·
Hard number 13 to 14 month Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.