Dan Riskin

This article is about the healthcare innovator and entrepreneur. For the biologist and television host, see Daniel K. Riskin.
Dan Riskin
Born (1971-10-15)October 15, 1971
Los Angeles, USA
Alma mater

University of California

Stanford University

Massachusetts Institute of Technology

Dan Riskin is a healthcare innovator and serial entrepreneur,[1][2] who has developed and commercialized products in health analytics,[3] healthcare services, and medical device.[4][5]

Riskin’s views and contributions in health technology have helped shape the fields of user-based innovation and data-driven healthcare.[6] His products have enabled value-based healthcare[7] and led to improved care for millions of patients.[8] Riskin has been an invited speaker at NASA,[9] DARPA,[10] CMS,[11] Stanford University,[12] MIT,[13] American College of Surgeons,[14] American Medical Informatics Association,[15] and multiple industry and international collaboratives.[16][17] His contributions in data-driven healthcare have been featured in Forbes,[7] The Wall Street Journal,[18] and invited Congressional testimony.[19]

Riskin is also a practicing physician and educator on consulting faculty at Stanford University.[20] He practices and teaches clinical medicine as a trauma surgeon and critical care physician within the Stanford affiliate hospitals,[21] and publishes on medical technology innovation.[22][23][24][25][26] Riskin is board-certified in four clinical specialties, including surgery, critical care, palliative care, and clinical informatics.[27][28]

Early life and education

Riskin was born on October 15, 1971 and grew up in Los Angeles, California. He began writing software at age 5, selling software at age 12, and winning regional competitions in software programming during grammar school.[29] As a teenager, Riskin studied at Brentwood High School, where he won the top awards in math and science and was recognized with the Bausch and Lomb Outstanding Scientist award. He began college at age 16 as a Regent’s Scholar at University of California, Los Angeles. He graduated from University of California, San Diego with a bachelor's degree in Biology and earned a medical degree from Boston University.[30]

As a young physician, Riskin sought to not only deliver high quality individual care, but also to have a broader impact through technology. He built and sold software in the early days of the Internet to help pay for medical school. During residency, he began working with software and device companies to build and refine products in medical sensors, minimally invasive surgery, and catheter-based therapy. He earned an MBA with focus in bioinformatics and bioengineering from the Massachusetts Institute of Technology, during which time he collaborated with MIT Media Lab to invent a wearable sensor to measure metabolism and physical performance.[31] Riskin worked with Roche Diagnostics to build and commercialize these early efforts. Riskin completed the Stanford Biodesign Fellowship for medical technology innovation in 2005.[32] During this program, he prototyped, funded, tested, and was ultimately issued US patents and FDA approval for a painless wound closure device.

Riskin completed a surgery residency at University of California, Los Angeles, and a critical care and acute care surgery fellowship at Stanford University in 2008.[33]

Entrepreneurship

Riskin is a nationally recognized serial entrepreneur and healthcare innovator. Companies include ThinWear (publicized through national media and commercialized through collaboration with Roche),[34][35] Wadsworth Medical Technologies (acquired by DQ Holdings),[36][37] and Health Fidelity (controlling interest acquired by University of Pittsburgh Medical Center).[38]

Health Fidelity was founded in 2011 with a mission is to accurately measure clinical quality and risk to enable better patient care. As national emphasis focused on value-based healthcare through the HITECH Act and the Affordable Care Act, the need for accurate measurement of clinical outcomes rapidly grew. Health Fidelity became a leading big data analytics company in this emerging field.[39] As CEO, Riskin secured relationships with Harvard Beth Israel Deaconess Medical Center, Children’s Hospital of Philadelphia, University of Pittsburgh Medical Center, and other health systems and payers. He grew the company through three rounds of financing, including funding from Silicon Valley venture capital,[40] corporate strategic investment,[41] the National Institutes of Health,[42] and the National Science Foundation.[43] In 2014, Riskin raised a $33 million strategic investment round[44] [45] [46] and transitioned company leadership.

Policy and public service

Riskin became engaged in national policy upon joining the Obama Campaign Healthcare Advisory Committee in 2007. He felt that creating data-driven healthcare would require shifts in policy and technology, leading him to join the campaign of a junior senator who was then behind in polls, but had a vision for healthcare reform. Riskin remained with the committee through nomination and election, subsequently focusing his efforts on creating technology in the private sector to enable the field.[47] At the national level, Riskin has continued to advocate for patient protection and technology innovation to enhance health.

As new software systems were deployed, Riskin saw a need for more sophisticated patient protection. He collaborated with Bipartisan Policy Center in 2012 and 2013 to define an initial framework for health information technology safety.[48] He has vigorously campaigned for improved oversight, clinical protections, and technical security requirements in the rapidly growing field of clinical analytics.[49]

As increasing data became available, Riskin also began efforts to drive innovation in analytics. Through 2013 and 2014, he worked with eHealth Initiative to define national approaches to support improved patient outcome and experience through use of data.[50] In 2014, Riskin was invited to testify before Congress on the future of health innovation through the 21st Century Cures initiative. He described approaches to improve national health infrastructure[19] and subsequently worked with members of Congress to define actionable steps to improve laws and regulation.[51] In 2015, he presented Grand Rounds at the Center for Medicare and Medicaid Services (CMS), focusing on a more robust approach to measuring quality and enabling the consumer.[52] He subsequently briefed Congress on strategies for enhanced quality measurement in healthcare[53] and served on the Office of the National Coordinator (ONC) for Health IT Quality Task Force,[54] targeting implementation of enhanced quality measurement. Riskin continues to work with Congress and CMS to support a robust approach to healthcare data and health innovation in the United States.[55]

Positions

Riskin is founder and Chief Executive Officer of Vanguard Medical Technologies, a medical technology incubation firm through which he has incubated and founded each of his companies.[56] He previously held positions as founder and Chief Executive Officer of Health Fidelity, a clinical big data analytics company enabling value-based healthcare by providing risk and quality solutions to the leading healthcare systems,[57] Entrepreneur In Residence at Mohr Davidow Ventures,[58] Chief Strategy Officer of CalHIPSO, the largest US Regional Extension Center,[59] and co-founder and Chief Scientific Officer of Wadsworth Medical Technologies.[60]

Recognition

Riskin has been recognized through numerous awards and honors for his contributions in healthcare innovation and applied technologies. In 2005, Technology Review TR35 recognized him as one of the Top 35 Innovators under 35 based on technologies developed from idea to product and contributions to the academic science of medical innovation.[61] He was subsequently awarded the AMA Leadership Award for efforts in user-based innovation.[62] He was an invited member of the 2008 Obama Campaign Healthcare Advisory Committee from pre-nomination through election,[63] and has testified before Congress on medical technology innovation.[19]

References

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  7. 1 2 ""The Next Revolution in Healthcare", 1 Oct 2012". forbes.com. Retrieved January 7, 2013.
  8. ""Testimony of Dan Riskin, Committee on Energy and Commerce Subcommittee on Communications & Technology and Subcommittee on Healthcare", 14 July 2014" (PDF). US House of Representatives. Retrieved August 2, 2014.
  9. ""FutureMed Faculty", Singularity University at NASA Ames Research Center, 12 May 2011". Futuremed2011.com. Retrieved January 26, 2012.
  10. "Translating Civilian and Defense Technologies for Pediatric Critical Care and Rehabilitation Research", jointly hosted by DARPA and NIH, May 16, 2005 Archived October 19, 2013, at the Wayback Machine.
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  13. ""Cross Campus Initiatives at MIT", MIT Entrepreneurship Center, 28 October 2004". Retrieved January 26, 2012.
  14. ""Massive Transfusion Protocol Saves Lives: Presented at ACS", ''PSL Group'', 17 October 2008". Pslgroup.com. October 17, 2008. Retrieved January 26, 2012.
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  17. ""2010 International Symposium on remote health care – a breakthrough, sustainable, technology-driven", jointly hosted by the Industrial Technology Research Institute and the government of Taiwan, 10 November 2010". Google. Retrieved January 26, 2012.
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  22. Riskin, D. J.; Longaker, M. T.; Gertner, M.; Krummel, T. M. (2006). "Innovation in Surgery". Annals of Surgery 244 (5): 686–693. doi:10.1097/01.sla.0000242706.91771.ce. PMC: 1856601. PMID 17060760.
  23. Riskin, D.; Longaker, M. T.; Krummel, T. M. (2006). "The ethics of innovation in pediatric surgery". Seminars in Pediatric Surgery 15 (4): 319–323. doi:10.1053/j.sempedsurg.2006.07.012. PMID 17055963.
  24. Krummel, T.; Gertner, M.; Makower, J.; Milroy, C.; Gurtner, G.; Woo, R.; Riskin, D. J.; Binyamin, G.; Connor, J. A.; Mery, C. M.; Shafi, B. M.; Yock, P. G. (2006). "Inventing our future: Training the next generation of surgeon innovators". Seminars in Pediatric Surgery 15 (4): 309–318. doi:10.1053/j.sempedsurg.2006.07.011. PMID 17055962.
  25. ""A patient-centered ethical approach to medical device innovation", ''AMA Virtual Mentor'', February 2010". Virtualmentor.ama-assn.org. January 12, 2010. doi:10.1001/virtualmentor.2010.12.2.medu1-1002. Retrieved January 26, 2012.
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  29. ""Health Grades", Awards". Healthgrades.com. Retrieved January 26, 2012.
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  38. Securities and Exchange Commission. ""Notice of Exempt Offering of Securities",". Retrieved February 26, 2015.
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  45. Securities and Exchange Commission. ""Notice of Exempt Offering of Securities",". Retrieved May 28, 2015.
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  49. ""Testimony of Dan Riskin, Committee on Energy and Commerce Subcommittee on Communications & Technology and Subcommittee on Healthcare", 14 July 2014" (PDF). US House of Representatives. Retrieved August 2, 2014.
  50. eHealth Initiative. ""National Forum on Data and Analytics",". Retrieved February 26, 2015.
  51. US House of Representatives. / ""Post-Hearing Questions"," Check |url= value (help) (PDF). Retrieved February 26, 2015.
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  53. The Commonwealth Fund. / ""Improving Health Care Delivery: Innovation in the Private and Public Sectors"," Check |url= value (help). Retrieved June 29, 2015.
  54. Office of the National Coordinator for Health IT. / ""Quality Measurement Task Force"," Check |url= value (help). Retrieved June 29, 2015.
  55. The Commonwealth Fund and the Alliance for Health Reform. ""Bipartisan Congressional Health Policy Conference"," (PDF). Retrieved February 26, 2015.
  56. Vanguard Medical Technologies. vmt.com http://vmt.com/. Retrieved September 29, 2014. Missing or empty |title= (help)
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  58. "Private Equity and Venture Capital Knowledge Bank", AltAssets, November 26, 2008
  59. ""About us", Calhipso, February 2011". Calhipso.org. Retrieved January 26, 2012.
  60. ""Our team", Wadsworth Medical Technologies, December 2009". Wadsworthmedical.com. Retrieved January 26, 2012.
  61. Shiladitya Sengupta, 33 Harvard Medical School. "TR35", ''Technology Review'', August 2005". "Technology Review. Retrieved January 26, 2012.
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  63. ""Global Conference 2011 Expert Panel Speakers", Services Research Innovation Institute, 29 March 2011". Thesrii.org. Retrieved January 26, 2012.

External links

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