Aasim Saeed on Disrupting Healthcare with Membership Models

The Uprising Show

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In this episode, we dive into the evolving landscape of the healthcare industry with our guest, Aasim Saeed, a physician turned entrepreneur and founder of Amenities. Aasim shares his unique insights into how shifting market loyalty could financially impact healthcare systems, drawing parallels with subscription models like Costco and Amazon Prime. We explore his company's mission to enhance consumer experiences through direct-to-consumer and employer memberships, offering solutions like price transparency and satisfaction guarantees.
Aasim provides a critical analysis of One Medical's business model and its acquisition by Amazon, emphasizing the need for health systems to offer unique value propositions to attract and retain patient loyalty. We also touch on his compelling entrepreneurial journey shaped by his immigrant background, the role of privilege, and the lessons learned from failures.
Additionally, we discuss the current challenges in healthcare, from the slow adoption of new technologies to the industry's conservative nature. Aasim highlights the importance of focusing on improving patient experiences and the potential market shifts due to innovations like GLP-1 medications.
Lastly, we delve into the concept of healthcare consumerism and the need for better strategies to foster loyalty and long-term value in health systems.
Stay tuned as we unpack these critical topics and get inspired by Aasim Saeed's journey and vision for transforming the healthcare experience.
Timestamps:
00:00 Joint med-public policy degree; healthcare consulting career.
06:48 Embrace naivety; learn quickly, figure it out.
13:35 Entrepreneurship requires persistence; success often takes time.
20:28 Consultants-turned-entrepreneurs need creativity and hustle.
22:13 America excels at innovative, unique and creative ideas.
31:32 Healthcare loyalty weak; patients frequent multiple systems.
32:25 Boosting loyalty with health system memberships.
40:12 Healthcare systems struggle with patient lifetime value.
43:06 Skeptic of value-based and preventative care incentives.
50:49 Healthcare systems seek new revenue opportunities.
58:47 Learned self-haircut saves time; it's enjoyable.
59:24 Haircuts cost too much now, unlike 90s.
Amenities Health - https://amenitieshealth.com/
Aasim Saeed LinkedIn - https://www.linkedin.com/in/aasimsaeed/

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