Kash Kapadia is the founder and CEO of Anchor Health, a comprehensive platform that helps you navigate health care by connecting the dots for you. He also serves as an Advisor to Nex3, a top 10 global accelerator in digital health, and various startups. Prior to this, he was Vice President and General Manager of Digital Health at Stanford Health Care. At Stanford, he built a value accretive digital health unit for the health system and sponsored a bill in the California legislature to reform the laws on digital health access and reimbursement. Previously he held leadership roles at HP, McKinsey & Company, Booz & Company, and Sun Microsystems.
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Name: Kash Kapadia
Job: Founder and CEO of Anchor Health
Location: Palo Alto, California
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Founded Anchor Health because…
“Consumers need a champion to navigate health care, to save them time and money, and access best of breed resources in one place.”
What does it mean to be a champion for consumers in health care?
“The consumer pain in health care is only getting worse. It still takes 29 days to get an appointment, 67% of bankruptcies are caused by health care expenses, and the cost of drugs and insurance have skyrocketed.
In digital health, we currently have too many apps to complete any consumer journey – your insurance company has one, your health system has one, the urgent care center has one, your employer has one, your pharmacy has one, your health savings account has one. It’s way too hard to keep track of them all and worse, the burden is on you to connect the dots and figure out how to make it work for you.
Not surprisingly, adoption and engagement in many platforms is low. Few people wake up in the morning and check their insurance company or employer’s portal to make decisions about their health. Yet, these decisions have significant impact on the quality and cost of care you receive. The current strategy is clearly not working and Anchor Health provides a different way. “
How does it work?
“Anchor Health champions consumers in navigating health care. We meet the consumer at multiple points along their health care journey with a modern conversational interface. Our goal is help them make effective decisions and conduct efficient transactions across the health care industry.
We address common issues that cause tremendous pain – getting access to high quality information, booking appointments when and where you need them, finding prescription drug discounts, advocating for you when you get a surprise bill, and more. Instead of expecting you to go to multiple apps to get essential things done, we partner with the industry to bring best of breed solutions to you in one place and engage you on your terms.
The Anchor Health digital platform is free and available to all. For a nominal annual fee, premium members get access to our outstanding trained human advocates in all 50 states and discounts to premium services such as Headspace. We’ve already saved members hundred of dollars, hours of their time, and the peace of mind that someone has their back in health care.”
Want to learn more about Anchor Health? Check it out here.
In our blog series, People of HanaHaus, we present the folks that fill our workspace cafe with life: Start-Uppers, entrepreneurs, artists, founders, innovation managers, students, unicorns, venture capital investors and the people who make HanaHaus unique. We want to learn about their journeys and what brought them to Silicon Valley. We ask them to speak about their current projects and how they leverage HanaHaus for their business.