Will West is a prolific tech entrepreneur with a long track record
of success. In 2013, he took Control4, the leading whole-home
automation company, public. Before that, he co-founded iBAHN
(originally STSN), the worldwide leader in broadband services for
business travelers. He has personally raised close to $400 million in
private capital for his last three companies.
After taking Control4 public, Will intended to retire. So what’s
he now doing with a new startup in the healthcare industry?
Will founded SilverVue [http://www.silvervue.com/aboutus/] because
he believes technology has the potential to transform healthcare. He
views
[https://www.forbes.com/sites/cherylsnappconner/2015/09/22/will-west-founder-of-5-leading-ventures-recalls-his-most-memorable-day-in-pr/3/#381bf3a96093] the
startup as a chance to “do some good in the world” and “do
something bigger than we’ve ever done before.”
His interest in healthcare started with a different idea: using
sensors as tools to remotely monitor elderly patients. But in
exploring this idea, Will stumbled upon a gaping need. The IMPACT
Act of 2014
[https://www.cms.gov/Medicare/Quality-Initiatives-Patient-Assessment-Instruments/Post-Acute-Care-Quality-Initiatives/IMPACT-Act-of-2014-and-Cross-Setting-Measures.html] requires
post-acute care providers to report and exchange patient data, but
providers often lack the tools needed to do so.
Will had found his window into healthcare.
SilverVue has a cloud-based platform that allows providers to align
patient requirements for insurance, services and quality with
post-acute provider capabilities to drive improved outcomes and
patient satisfaction. In 2016, the startup raised a $12 million Series
A led by Pritzker Group Venture Capital and has established corporate
partnerships with GE Ventures, Epic Ventures and Leavitt Partners.
Through its SilverSearch platform, SilverVue has landed contracts with
more than 350 hospitals nationwide in just over two years and
continues to add new hospitals every month. SilverVue recently
expanded its portfolio with its Check by SilverVue product line, which
is a preventive care software platform that clinicians use to
incorporate comprehensive wellness programs and MACRA measurement and
reporting into their practice. As the healthcare industry continues
to prioritize quality care over quantity, Check provides clinicians
with the tools needed to be compliant and take advantage of revenue
opportunities that exist for providing value-based care.
Will will join us February 20 for our next _Tales From the
Trenches_. He will discuss his entrepreneurial journey from
broadband services and home automation technology to tackling one of
healthcare’s most complex challenges.
AGENDA:
5:30–6:00: Networking
6:00–7:00: Program
Will West is a successful technology entrepreneur who has founded and
led several companies, most recently Control4 which he took public in
2014 (NASDAQ: CTRL). Will retired from Control4 to focus on SilverVue
because he believes technology can transform healthcare. Will has
raised more than $400 million in private capital to start his last
three companies. In 1998, he co-founded STSN (now iBAHN), the
worldwide leader in broadband services for business travelers, serving
millions of customers in thousands of hotels. Prior to founding STSN,
Will was CEO, and co-founder of PHAST Corporation. Under his
leadership, PHAST became the leading manufacturer of high-end home
automation equipment.
Will holds a degree in finance from the University of Utah and an MBA
from the Wharton School at the University of Pennsylvania. He also
holds the CFA designation. When he is not spending time at SilverVue,
he is enjoying family time at Lake Powell, his favorite place on
earth. Will and his wife Lisa have six children.
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21/02/2018 Last update